Killeen Economic Development
To promote economic development in the community by expandng existing businesses and attracting new businesses.
Killeen Economic Development at a glance
- Total assets
- $12,268,156
- -8.4% vs 2024
- Revenue (2025)
- $1,539,026
- -11.5% vs 2024
- Net investment income (2025)
- $203,986
- -57.2% vs 2024
- Expenses (2025)
- $1,531,081
- +3.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Killeen Economic Development funds
How this funder distributes its grants
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Killeen Economic Development gives
- Giving fell 89% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $100K (2019) to $1.6M (2021). In 2024 it made 2 grants totaling $175K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Texas A&M University-Central Texas Foundation College Station, TX | To provide matching scholarship funds generated in the community | $100,000 |
| Fort Hood Region Economic Development Foundaton Killeen, TX | To be used for the construction of the national mounted warfare musuem | $74,575 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $12,268,156 | $1,539,026 | $1,531,081 | — | — | $203,986 |
| 2024 | $13,387,201 | $1,739,263 | $1,479,458 | $174,575 | 2 | $476,823 |
| 2023 | $9,564,725 | $2,552,550 | $1,688,514 | $143,000 | 2 | $1,373,051 |
| 2022 | $9,505,741 | $1,343,814 | $1,366,487 | $151,000 | 2 | $235,409 |
| 2021 | $9,819,595 | $2,118,011 | $2,646,569 | $1,600,000 | 2 | $826,004 |
| 2020 | $10,270,015 | $1,055,205 | $1,148,373 | $100,000 | 1 | $47,397 |
| 2019 | $10,430,175 | $1,118,558 | $1,608,058 | $100,000 | 1 | $125,297 |
About Killeen Economic Development
Based on IRS filings
Killeen Economic Development is a public charity, based in Killeen, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $12.3M in total assets. Net investment income was $204K.
Leadership & Key People
Officers and directors from IRS filings
Killeen Economic Development is led by Kelly Brown, President since 2025 (on filings since 2024); none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kelly Brown
President
Kif Representative → President, 2025
On filings since 2024
No compensation reported
Debbie Nash-King
City Representative
On filings since 2021
No compensation reported
Jose Guzman
Vice President
Kif Representative → Vice President, 2024
On filings since 2022
No compensation reported
Nina Cobb
Secretary
City Representative → Secretary, 2025
On filings since 2022
No compensation reported
Todd Fox
Treasurer
Treasurer → Chamber Representative, 2024
Chamber Representative → Treasurer, 2025
On filings since 2023
No compensation reported
Amy Milsap
Chamber Representative
On filings since 2024
No compensation reported
Scott Cosper
Chamber Representative
On filings since 2024
No compensation reported
Anthony Kendrick
City Representative
New on the 2025 filing
No compensation reported
Curt Gaines
Kif Representative
New on the 2025 filing
No compensation reported
Former officers (17)
- Former: Tad Dorroh (2020–2024) — President
- Former: Jesssica Gonzalez (2022–2024) — City Representative
- Former: Randy Sutton (2019–2023) — President
- Former: Matt Connell (2020–2023) — Secretary
- Former: Meredith Viguers (2020–2023) — Chamber Representative
- Former: Scott Connell (2022–2023) — Executive Director
- Former: Michael Boyd (2023) — City Representative
- Former: Bobby Hoxworth (2019–2022) — Treasurer
- Former: John Crutchfield III (2019–2021) — Executive Director
- Former: Karl Green (2019–2021) — Secretary
- Former: Mayor Jose Segarra (2019–2021) — City Representative
- Former: Melissa Brown (2021) — City Representative
- Former: Jim Kilpatrick (2019–2020) — President
- Former: Shirley Fleming (2019–2020) — City Representative
- Former: Charlie Watts (2019) — President
- Former: John Gilmore (2019) — Vice President
- Former: Paula Lohse (2019) — Chamber Representative
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Killeen Economic Development
How large is Killeen Economic Development?
Killeen Economic Development reported $12.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.
Where does Killeen Economic Development operate?
Killeen Economic Development has awarded grants in Texas.
What is Killeen Economic Development's EIN?
Killeen Economic Development's EIN (Employer Identification Number) is 74-2594957. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
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Killeen Economic Development down — hundreds of funders to go?