Marble Falls Economic Development
TO ATTRACT AND SUPPORT BUSINESS AND ECONOMIC DEVELOPMENT IN THE MARBLE FALLS AREA THROUGH STRATEGIC PLANNING, WORKFORCE TRAINING, AND MARKETING.
Key facts about Marble Falls Economic Development
- EIN
- 74-2637990
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $421,456
- Grants made (2024)
- 13
- Average grant
- $32,420
- Median grant
- $10,000
- New grantees (estimate)
- 67% first-time grantees (8 of 12, 2024)
- Total assets
- $36,567,573
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Marble Falls Economic Development funds
By grant dollars, the top recipient states for Marble Falls Economic Development's 13 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Marble Falls, TX (5 grants) and San Antonio, TX (2 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Business Improvement Grant" (7 grants).
Is Marble Falls Economic Development open to new grantees?
67%
first-time grantees, 2024
In 2024, 8 of 12 grantees (67%) were first-time recipients. First grants averaged $40K; repeat grants $26K. How we count
Medians: $10K first-time, $22K repeat.
- 33% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+4%). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Marble Falls Economic Development
- How to evaluate Marble Falls Economic Development as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.6M
+8.1% YoY
Annual Giving
$421K
+104.7% YoY
Grant Count
13
+44.4% YoY
Avg Grant Size
$32K
+41.7% YoY
About Marble Falls Economic Development
Based on IRS filings
Marble Falls Economic Development is a nonprofit organization, based in Marble Falls, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.6M in total assets. In 2024, it awarded 13 grants totaling $421K. Net investment income was $967K.
Ready to take the next step with Marble Falls Economic Development?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,567,573 | $33,823,548 | $32,285,301 |
| Revenue | $4,711,299 | $4,619,622 | $6,358,572 |
| Expenses | $2,220,426 | $1,878,466 | $2,058,522 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $967,088 | $974,925 | $2,354,599 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Vantage Ventures ($232,821), Workforce Network Inc ($50,465), Oos Holdings LLC ($30,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| VANTAGE VENTURES McAllen, TX | RECRUITMENT-HCC | $232,821 |
| WORKFORCE NETWORK INC Kingsland, TX | WORKFORCE DEVELOPMENT | $50,465 |
| THE FALLS ON THE COLORADO MUSEUM Marble Falls, TX | COMMUNITY LEVERAGE GRANT | $25,000 |
| OOS HOLDINGS LLC San Antonio, TX | COMMUNITY LEVERAGE | $20,000 |
| HIGHLAND LAKES CREATIVE ARTS Horseshoe Bay, TX | COMMUNITY LEVERAGE | $14,000 |
| OOS HOLDINGS LLC San Antonio, TX | BUSINESS IMPROVEMENT GRANT | $10,000 |
| HEART & SOUL INTEGRATIVE HEALTH & YOGA PA Marble Falls, TX | BUSINESS IMPROVEMENT GRANT | $10,000 |
| BAYLOR SCOTT & WHITE CLINIC - MF Marble Falls, TX | BUSINESS IMPROVEMENT GRANT | $10,000 |
| BAYLOR SCOTT & WHITE SPECIALTY CLINIC - MF Marble Falls, TX | BUSINESS IMPROVEMENT GRANT | $10,000 |
| LWR FAMILY PARTNERSHIP LP Austin, TX | BUSINESS IMPROVEMENT GRANT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steve Reitz | President | 4 | — |
| Mark Mayfield | Vice President | 4 | — |
| Christina McDonald City Secretary | Secretary | 4 | — |
| Jeff Lazenby Director of Finance | Treasurer 4/7/21 to Presen | 4 | — |
| Dave Rhodes | Director 5/21/24 to Present | 2 | — |
| Dee Haddock | Director 6/6/23 to 5/21/24 | 2 | — |
| Lindsay Plante | Director | 2 | — |
| Judy Miller | Director | 2 | — |
| John Packer | Director | 2 | — |
| Ryan Nash | Director | 2 | — |
| Christian Fletcher | Executive Director | 40 | $161,441 |
Frequently Asked Questions
How large is Marble Falls Economic Development?
As of 2024, Marble Falls Economic Development holds $36.6M in total assets with $4.7M in annual revenue. It awarded 13 grants totaling $421K in 2024.
Where does Marble Falls Economic Development operate?
Marble Falls Economic Development has awarded grants in Texas.
What size grants does Marble Falls Economic Development award?
In 2024, Marble Falls Economic Development awarded 13 grants totaling $421K — an average of about $32K per grant, based on its IRS Form 990 filings.
What is Marble Falls Economic Development's EIN?
Marble Falls Economic Development's EIN (Employer Identification Number) is 74-2637990. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.