Florida · Nonprofit
TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION
TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION (Florida) receives grants from 2 organizations whose IRS filings report $280,000 to it, the largest being Genspiration Foundation Inc ($200,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $4.2M
- Funders on record
- 2
- Grants received
- $280k
- Net assets
- $1.6M
What Tampa Hillsborough Economic Development Corporation does
Mission
To develop and sustain a thriving local economy by focusing on the attraction, expansion and retention of high wage jobs and capital investment.
As stated on its FY2025 Form 990.
Programs
The tampa bay economic development council (tbedc)'s business development team closed 29 projects that added a total of 2,280 new jobs and $ 275,335,000 in capital investment to hillsborough county. Sixteen existing businesses expanded their operations, adding 501 new jobs and investing $178,985,000 locally. Thirteen new companies were recruited to tampa and hillsborough county in fy2025, accounting for 1,779 new jobs and $96,350,000 in capital investment to our market. This includes three foreign direct investment projects: medability, xtend reality inc, and aquafence. The business development team provided community information and competitive data for 144 relocation or expansion projects this year and hosted 25 site visits with prospect companies looking to relocate or expand to hillsborough county. Locally, the business development team connected with 120 existing hillsborough county businesses through the expand tampa bay business retention and expansion program. These local companies represent close to 29,000 employees and sixty-one percent surveyed reported year-over-year increases in sales. Our business development team continued to sell our market at industry tradeshows…
In fy2025, the tbedc financial position remains strong. Private sector funding was at $2,844,288. The organization also continued to receive generous support from its public sector partners hillsborough county, the city of tampa, the city of plant city, and the city of temple terrace. Ninety-four percent of our investors renewed their commitment to the edc this year, and we welcomed an additional 16 new and upgraded members to the edc investor family. Bristol myers squibb and the straz center joined the tampa bay edc at the chairman's council level, which positions them for leadership roles in our organization. We also welcomed five new president's council investors and three new gazelles.cash reserves and net assets have increased.
The tbedc's marketing team worked hard this year on content updates for the edc website, as well as launching a refreshed make it tampa bay website. Both sites showcase tampa's positive business environment and supportive ecosystems through the lens of edc investor testimonials and tampa market success stories. The marketing team launched a new round of linkedin ad campaigns that generated more than 1,300,000 impressions, more than 21,000 clicks and four new project leads. On the print side, full-page ads ran in several local and national publications, including florida trend, tampa bay business journal, tampa bay business and wealth, and site selection magazine.tampa's rise in national rankings as the best city in the u.s. For foreign business is fueled by the marketing team's content development strategy on social media and consistent engagement with local and national media over the years. In fy2025, these efforts translated into nearly 200 media hits with positive coverage running in the financial times, costar, chief executive, leading trade publications and our local media outlets.we now reach more than 34,000 people across our social media platforms where we regularly…
East tampa and the tampa medical & research district were the two areas of focus for community development's placemaking activities in fy 2025.in east tampa, considerable progress has been made towards the implementation of the east tampa industrial district plan. Opportunity tampa bay, inc. (otbi) was formed by the edc to work with local economic development partners and is the entity developing the live-learn development to consist of 118 units of affordable housing and a 65,000 square foot training facility. In 2025, the tampa cra board of commissioners approved a $9.7 million grant to the integral florida group in support of the affordable housing component, and to provide site work improvements for both the housing and training facility. The city of tampa's support for the project has exceeded $12 million.anchored by tampa general hospital (tgh) and usf health, the tampa medical and research district (tmrd) continues to collaborate with the tbedc to advance its development and growth. This year, the tmrd vision plan was finalized, establishing a five-year framework to expand healthcare-related businesses and research within the district. As part of this effort, tgh organized…
The 4 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $2.5M to $4.7M (+88%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 31%. Grants only. Government contracts and fees sit inside program revenue.
62% of TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Craig Richard
President & CEO
Board chair
Ron Christaldi
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income held at $10k.
Left out of every figure on this page: $266k from 6 payers (the payer shares this organization's board, largest United Way Suncoast Inc). These are real filings, and they are not money TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION raised.
From the IRS filings of TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 71% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
29% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION's revenue grew 34% between 2017 and 2025.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Tampa Bay Economic Prosperity Foundation Inc · exempt
- Opportunity Tampa Bay Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION?
- TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION (Florida) receives grants from 2 organizations whose IRS filings report $280,000 to it, the largest being Genspiration Foundation Inc ($200,000). 1 of them have funded it in more than one year.
- How many funders does TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 2 organizations giving $280,000 in grants to TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION?
- Genspiration Foundation Inc is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
- How can an organization like TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Tampa Hillsborough Economic Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing