· Public charity
Economic Development Corporation of Weslaco
The economic development corporation's primary purpose is to enhance economic and industrial activities for the city of weslaco.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2023.
Where the money goes
Grants by size, and the largest recipients.
By grant size · FY2023
- Under $10k2 grants · $18k
- $10k–50k6 grants · $161k
- $50k–250k4 grants · $314k
- $250k+2 grants · $2.6M
| Recipient | Amount |
|---|---|
| Individual grant recipient | $2,250,000 |
| CITY OF WESLACO | $333,282 |
| SHOPS AT N BRIDGE LLC | $97,407 |
| CLEVER FOODS & SUPPLEMENTS | $83,050 |
| VIDA | $70,000 |
| Z&L ENTERPRISES INC | $63,442 |
| CLEAN LABEL LLC | $45,313 |
| SOUTH TEXAS COLLEGE | $36,000 |
| OL RE HOLDINGS LLC | $32,000 |
| DE FIGS WESLACO LLC | $22,628 |
| Individual grant recipient | $15,000 |
| Individual grant recipient | $10,000 |
| ADVANTAGE HEALTHCARE CONSULT | $9,624 |
| KAPAL EQUIPMENT LLC | $8,828 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Dollar for dollar, its grants (FY17–23) land where the poverty rate runs at 23%, against an area that typically sits at 27%. 65% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.
How this is measured
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
25 repeat relationships: 7 still active in FY2023, 18 since wound down; 7 grantees were first funded in FY2023 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Still filing today
New vs renewed · share of each year
In FY2023, 21% of grant dollars renewed an existing relationship; $2.4M went to new ones.
How this is measured
Backed again, and grew
- COCITY OF WESLACO6× · 2018–2023 · $2.3M
- VVIDA7× · 2017–2023 · $485k
- BRBPMP REAL ESTATE LLC3× · 2017–2019 · $400k
Funded once
- IGIndividual grant recipientone grant, 2017 · $125k
- IGIndividual grant recipientone grant, 2017 · $59k
- KLKAPAL LLCone grant, 2020 · $51k
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
0 grantees tracked through their own filings, 2017–2023.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2017 to 2023, not grant rows in a single year, so this will not match the grant count on the cover. 0 of the 59 grantees resolved in that span have returns of their own we could reconcile.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.
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