Houston Business Development Inc
Donations deductibleRevenue
$4.5m
year to 31 December 2024
Expenses
$5.2m
year to 31 December 2024
Total assets
$18.4m
$4.8m liabilities
Net assets
$13.7m
assets less liabilities
Directors and trustees
12
7.3 years on average
Staff
15
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
2
named in Part VII
Houston Business Development Inc's network
12 people8 organisationsi12 people and 8 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (12). Violet dotted lines (8) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
12 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 13 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Larry Chairman Chair | Chairman | 2023 | 3 yrs |
| Philip Aitsebaomo Chair | Chairman | 2023 | 3 yrs |
| Algenita Scott Davis | Trustee | 2017 | 9 yrs |
| Benny Rodriguez | Company secretary | 2017 | 9 yrs |
| Clark Lord | Trustee | 2017 | 9 yrs |
| George E Johnson | Trustee | 2023 | 3 yrs |
| Ken Bolton | Trustee | 2017 | 9 yrs |
| Michael Trejo | Trustee | 2023 | 3 yrs |
| Mike Kacal | Trustee | 2018 | 8 yrs |
| Nasr Khan | Trustee | 2017 | 9 yrs |
| Pearl Wright | Trustee | 2017 | 9 yrs |
| Raymond Bourgeois | Trustee | 2018 | 8 yrs |
Officers and senior leadership
2 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Mannaser Dean Marshall Jr | VP of Dev. & Op. | since 2022 |
| Marlon Mitchell | President & CEO | since 2017 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Marlon Mitchell | President & | 40 | $233k | ||
| Philip Aitsebaoma | Chairman | $0 | |||
| Ken Bolton | Trustee | $0 | |||
| Raymond Bourgeois | Trustee | $0 | |||
| Larry Chairman | Chairman | $0 | |||
| Algenita Scott Davis | Trustee | $0 | |||
| George E Johnson | Trustee | $0 | |||
| Mike Kacal | Trustee | $0 | |||
| Nasr Khan | Trustee | $0 | |||
| Clark Lord | Trustee | $0 | |||
| Benny Rodriguez | Secretary | $0 | |||
| Michael Trejo | Trustee | $0 | |||
| Pearl Wright | Trustee | $0 |
About
- Legal name
- Houston Business Development Inc
- EIN
- 760216784
- Address
- 5330 Griggs Rd Ste D101, Houston, TX, 77021-3756
- State
- Texas
- Mission
- The corporation's mission is stimulate economic growth, combat community deterioration, revitalize under-served communities, and facilitate the building of safe, vibrant and healthy neighborhoods (as filed on the Form 990)
- Activity (NTEE)
- S43 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 8 (IRS master file code)
- Principal officer
- Marlon Mitchell (as named on the Form 990)
- IRS ruling date
- 1 April 2019
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥9years on the filingsAlgenita Scott Davis
≥9years on the filingsBenny Rodriguez
≥9years on the filingsClark Lord
≥9years on the filingsKen Bolton
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $18.4m
- Total liabilities
- $4.8m
- Net assets or fund balances
- $13.7m
- Contributions and grants received
- $1.4m
- Program service revenue
- $3.1m
- Employees
- 15
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2022 | $6.5m | $7.5m | Deficit $964k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Houston Business Development, Inc. likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Texas Comptroller of Public Accounts, entity data (data.texas.gov 9cir-efmm). Licence not stated. Data last fetched 18 October 2026.
- State
- Texas
- Entity type
- nonprofit corporation
- Status
- Active
- Formed
- 22 April 1986
- Registered agent
- Not stated
This register does not publish officers or directors.