Economic Development Board



The mandate of the Henderson Economic Development Board is to provide strong institutional support for strategic economic planning and ensure greater coherence and effectiveness in economic policy formulation; promote Henderson as an attractive business investment center; and facilitate both inward and outward investment and ensure a conducive business environment. 

The Henderson Economic Development Board shall act in an advisory role to:

  • Review the City comprehensive economic development program including the effectiveness of marketing the City and the environment created.
  • Review marketing, promotion, attraction and retention policies for new and existing primary commercial, industrial and manufacturing businesses, including attraction of new business and industry, retention/expansion of existing businesses, and small business entrepreneurial assistance.
  • Become familiar with state and local economic development laws, programs, and resources.
  • Review and recommend to the City Council business assistance and incentive negotiations and economic development agreements for qualified and targeted  businesses.
  • Review and recommend annual goals and a marketing plan.
  • Review and recommend a business retention and expansion (BRE) program.
  • Cooperate with member organizations and other public and private groups in promoting the City's economic stability and business growth opportunities.


All members serve three year terms.
Current Board Members are: 

Member NamePositionEmailTerm Expiration
Michael Bell

Brian BallardVice President

Johnny FosterTreasurer 

Micah HowardSecretary

Nobel Welch Member

Michael Marshall Member

Adam Duey Member

For information on when the Economic Development Board meets, please contact: 

HEDCO Administrative Assistant 

Shelby Jacobs 

Phone: (903) 392-0447 


Henderson Economic Development Corporation (HEDCO) is a Texas non-profit corporation, managed by a five-member Board of Directors whose members are appointed by, and serve at the pleasure of the Henderson City Council. The everyday oversight is the responsibility of the Executive Director and Administrative Assistant. 

The corporation was created under Section 4A of the Development Corporation Act of 1979 and governed by Article 5190.6, Revised Civil Statutes of the State of Texas, as now existing or as may be amended. HEDCO was established in January, 1992 by a vote of the citizens of Henderson, Texas. HEDCO is also a IRS 501c6 Non-Profit Organization.