Skip to main content

Nonprofit · EIN 20-4597332

LHA ENTERPRISE DEVELOPMENT INC

Tax-exempt · LAUREL, MS 39442

Financials

$1.3M$39K2023$143K$78K2024
Revenue Expenses · by fiscal year end
Financials of LHA ENTERPRISE DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$143,222$77,665$65,557$3,992,368$0$3,992,368
December 31, 2023990$1,276,596$39,481$1,237,115$3,926,811$0$3,926,811
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,032
of which government grants
$100,032
Program service revenue
$0
Investment income
$43,190
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,781
Program services (functional)
$77,665

Balance sheet and other

Total assets, start of year
$3,926,811
Total assets, end of year
$3,992,368
Total liabilities, end of year
$0
Net assets, end of year
$3,992,368
Land, buildings and equipment
$249,250
Net assets without donor restrictions
$3,992,368
Gross receipts
$143,222
Employees
0
Year formed
2006
State of legal domicile
MS

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
HILARY BURROUGHSDIRECTOR
Trustee or director
–$0
GEORGE CARTERDIRECTOR
Trustee or director
–$0
SANDY HOLIFIELDDIRECTOR
Trustee or director
–$0
DOROTHY PEPPERSDIRECTOR
Trustee or director
–$0
JONATHAN STRICKLERDIRECTOR
Trustee or director
–$0
TENSIE WHEELERDIRECTOR
Trustee or director
–$0
REV GEORGE BARNESVICE PRESIDE
Officer
–$0
AILRICK YOUNGPRESIDENT
Officer
–$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
HILARY BURROUGHSDIRECTOR
Trustee or director
–$0
GEORGE CARTERDIRECTOR
Trustee or director
–$0
SANDY HOLIFIELDDIRECTOR
Trustee or director
–$0
DOROTHY PEPPERSDIRECTOR
Trustee or director
–$0
JONATHAN STRICKLERDIRECTOR
Trustee or director
–$0
TENSIE WHEELERDIRECTOR
Trustee or director
–$0
REV GEORGE BARNESVICE PRESIDE
Officer
–$0
AILRICK YOUNGPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 2910, LAUREL, MS 39442-2910
In care of
% KAY GUY
Principal officer (990 for 2024)
AILRICK YOUNG, PO DRAWER 2910, LAUREL, MS 39442
Signed the 990
AILRICK YOUNG, PRESIDENT
Phone
(601) 425-4651
Return prepared by
CORK HILL & COMPANY LLC

Mission

LHA ENTERPRISE DEVELOPMENT, INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, MEDICAL, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AS AN INSTRUMENTALITY OF AND TO SUPPORT THE HOUSING AUTHORITY OF THE CITY OF LAUREL, MISSISSIPPI (THE AUTHORITY), A PUBLIC HOUSING AUTHORITY ESTABILISHED UNDER (I) THE MISSISSIPPI HOUSING AUTHORITIES LAW, AND (II) THE MISSISSIPPI SUPPLEMENTAL HOUSING AUTHORITIES LAW TO PROVIDE DECENT, SAFE AND SANITARY URBAN OR RURAL DWELLINGS, APARTMENTS, OR OTHER LIVING ACCOMMODATIONS FOR PERSONS OF LOW INCOME; INCLUDING THE ACQUISITION, DEVELOPMENT, CONSTRUCTION AND OPERATION OF BUILDINGS, LAND, EQUIPMENT, FACILITIES, AND OTHER REAL OR PERSONAL PROPERTY FOR NECESSARY, CONVENIENT, OR DESIRABLE APPURTENANCES, STREETS, SEWERS, WATER SERVICE, PARKS, SITE PREPARATION, GARDENING, ADMINISTRATIVE, COMMUNITY, HEALTH, RECREATIONAL, WELFARE OR OTHER PURPO

990 for the year ended December 31, 2024

Program accomplishments

  • N/A
  • SUPPORT OF LAUREL PUBLIC HOUSING AUTHORITY.
    Expenses $77,665

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4597332
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,992,368
Income (IRS master file)
$143,222

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$143,222$77,665$3,992,368IRS
990December 2023$1,276,596$39,481$3,926,811XML
990December 2022$11,787$27,189$2,689,696IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4597332).

Questions about LHA ENTERPRISE DEVELOPMENT INC

What is the EIN of LHA ENTERPRISE DEVELOPMENT INC?
The employer identification number (EIN) of LHA ENTERPRISE DEVELOPMENT INC is 20-4597332.
Is LHA ENTERPRISE DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to LHA ENTERPRISE DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does LHA ENTERPRISE DEVELOPMENT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LHA ENTERPRISE DEVELOPMENT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LHA ENTERPRISE DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LHA ENTERPRISE DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 names AILRICK YOUNG.
Who are the officers and directors of LHA ENTERPRISE DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does LHA ENTERPRISE DEVELOPMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $143,222, expenses of $77,665 and total assets of $3,992,368 at year end.

Other nonprofits in LAUREL

All nonprofits in LAUREL · Mississippi · Housing and shelter