· Context
AEDC described as a RANGE member with $250,000 annual dues
The Tribune's Oct. 10, 2024 explainer says the AEDC paid $250,000 annual dues three years in advance in 2021; the Tribune's Dec. 1, 2024 timeline lists no 2021 payment and dates the first budgeted membership ($100,000) to August 2022.[1][2][3]
Kevin CarterThe Range (formerly the Amarillo Global Food Hub)Amarillo Economic Development Corporation (AEDC)
What the sources say
- ⚠ Sources differ
Accounts differ on when the AEDC's $750,000 prepayment commitment originated.
Reported value 1[1]
- Year
- 2,021
- Milestone
- founding-member commitment ($250k/yr)
The Tribune's Oct. 10, 2024 explainer states the AEDC 'paid its annual membership dues of $250,000 for three years in advance in 2021.' The Tribune's Dec. 1, 2024 timeline lists no 2021 commitment or payment.
- ✓ Verified
The Amarillo Tribune's December 1, 2024 timeline of the AEDC's involvement with The RANGE lists no 2021 membership commitment or payment. Its 2021 entry is a November 22, 2021 board presentation with no action taken; the first budgeted membership amount is $100,000 in the 2022/2023 AEDC budget approved August 29, 2022; and the $750,000 payment is dated January 20, 2023.[3]
- ✓ Verified
The Tribune's October 10, 2024 explainer reports that the Texas Comptroller's taxable-entity search shows an Amarillo Global Food Hub Secretary of State effective registration date of August 13, 2022. The same article states the AEDC 'paid its annual membership dues of $250,000 for three years in advance in 2021.'[1]
- ⚠ Sources differ
The two Tribune articles give different dates for The Range Foundation's tax-exempt status.
Reported value 1[1]
- Date
- 2023-04-11
October 10, 2024 explainer: 'awarded 501(c)(3) tax-exempt status from the IRS on April 11, 2023.'
Reported value 2[3]
- Date
- 2024-03-08
December 1, 2024 timeline: 'The RANGE Foundation is granted tax-exempt status' (March 8, 2024); its certificate of formation was filed April 10, 2023.