Houston, we have a comeback: nonprofits crawling out of Enron hole.(5 YEARS LATER)

Non-profit Times, The, April, 2006 by Nobles, Marla E.

As former Enron executives Kenneth Lay and Jeff Skilling sit in a courtroom in downtown Houston nearly five years after the house of cards that was Enron Corp. came crashing down, Houston's energy industry is finally making a comeback.

Also making a comeback are Houston's nonprofits--some slower than others.

Four major events impacted Houston during 2001 and 2002: a national economic recession; the September 11 terror attacks; devastation from Tropical Storm Allison; and, the financial implosion of Houston-based Enron. Collectively, these events dealt a massive blow to the city of Houston, whose economy had been largely dominated by the energy industry since the 1980s. This trickled down to local nonprofits large and small, most of which depended on...

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