Daffy

Technology & Entrepreneurship Center of Houston Inc.

Technology & Entrepreneurship Center of Houston Inc.

Houston, TX 77002
Tax ID76-0589315

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$3,151,862

Expenses

$1,713,170

Mission

Accelerate the development and growth of Houston's innovation economy.

About

Economic and business development companies served 69 (discontinued 01/31/18) attract and promote startup development organizations to Houston, Houston resources attract venture capital (HX venture fund $22 million over 3-5 years)

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “Connect, attract and promote innovation resources within houston; connect entrepreneurial companies with startup development organizations (sdo) and attract venture capital and new sdos to houston; provide a web platform to capture data on the economy.”.

When detailing its duties, they were outlined as: “Accelerate the development and growth of houston's innovation economy.”.

  • As per legal requirements, the non-profit's state of operation is reported as TX.
  • The non-profit's address in 2020 as per the filing is 410 PIERCE, HOUSTON, TX, 77002.
  • The non-profit's form for the year 2020 reports a total of 20 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,438,692.
  • The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
  • The organization has a written policy that delegates the management duties.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 17 independent voting members.
  • The organization was formed in 1999.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $1,029,187 in salary, compensation, and benefits to its employees.
  • The organization pays $221,022 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.