Nonprofit · EIN 45-2514272
LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC
Tax-exempt · RUSTON, LA 71273
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $27,500 | $78,963 | -$51,463 | $486,590 | $0 | $486,590 |
| December 31, 2023 | 990 | $77,500 | $125,755 | -$48,255 | $538,053 | $0 | $538,053 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $27,500
- of which government grants
- $27,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,060
- Program services (functional)
- $77,500
- Management and general (functional)
- $1,463
Balance sheet and other
- Total assets, start of year
- $538,053
- Total assets, end of year
- $486,590
- Total liabilities, end of year
- $0
- Net assets, end of year
- $486,590
- Net assets without donor restrictions
- $2,054
- Net assets with donor restrictions
- $484,536
- Gross receipts
- $27,500
- Employees
- 0
- Year formed
- 2010
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN L DENNY | DIRECTOR Trustee or director | – | $0 |
| LESLIE K GUICE | DIRECTOR Trustee or director | – | $0 |
| JAMES D HOLLAND III | PRESIDENT Trustee or director, Officer | – | $0 |
| LEWIS LOVE | DIRECTOR Trustee or director | – | $0 |
| DRAKE MILLS | DIRECTOR Trustee or director | – | $0 |
| SAM PONDER | DIRECTOR Trustee or director | – | $0 |
| ELIZABETH TURNLEY | DIRECTOR Trustee or director | – | $0 |
| ROBERT WILEY | DIRECTOR Trustee or director | – | $0 |
| BILL CARTER | LEGAL COUNSE Officer | – | $0 |
| JULIE KEEN | SECRETARY/TR Officer | – | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN L DENNY | DIRECTOR Trustee or director | – | $0 |
| LESLIE K GUICE | DIRECTOR Trustee or director | – | $0 |
| JAMES D HOLLAND III | PRESIDENT Trustee or director, Officer | – | $0 |
| LEWIS LOVE | DIRECTOR Trustee or director | – | $0 |
| DRAKE MILLS | DIRECTOR Trustee or director | – | $0 |
| SAM PONDER | DIRECTOR Trustee or director | – | $0 |
| ELIZABETH TURNLEY | DIRECTOR Trustee or director | – | $0 |
| ROBERT WILEY | DIRECTOR Trustee or director | – | $0 |
| BILL CARTER | LEGAL COUNSE Officer | – | $0 |
| JULIE KEEN | SECRETARY/TR Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2069, RUSTON, LA 71273-2069
- In care of
- % KRISTI LUMPKIN
- Mailing address (990-N for 2016)
- PO Box 2069, Ruston LA 71273
- Principal officer (990 for 2024)
- JAMES D HOLLAND III, P O BOX 2069, RUSTON, LA 712732069
- Principal officer (990-N for 2016)
- Kristi Lumpkin, PO Box 2069, Ruston LA 71273
- Signed the 990
- JAMES D HOLLAND III, PRESIDENT
- Phone
- (318) 251-8643
- Return prepared by
- DOUGLAS A BREWER CPA
Mission
TO PROVIDE FOR THE ECONOMIC DEVELOPMENT NEEDS OF THE COMMUNITY AND THE PARISH THROUGH COLLABERATION OF STRATEGIC INITIATIVES, THE RETENTION AND GROWTH OF LOCAL BUSINESSES, THE CREATION OF NEW QUALITY JOBS, AND CAPITALIZATION ON OPPORTUNITIES FOR IMPROVEMENT.
Program accomplishments
- TO PROVIDE FOR THE ECONOMIC DEVELOPMENT NEEDS OF THE COMMUNITY. THIS INCLUDES THE CITY OF RUSTON'S SIDEWALK PROJECT THAT IS DEVELOPING WALKING AND BIKING TRAILS FOR RESIDENTS TO ACCESS HEALTHCARE FACILITIES AND VARIOUS RETAIL SHOPPING AREAS, IN ADDITION TO PROVIDING ACCESS TO OUTDOOR FITNESS EQUIPMENT.Expenses $77,500
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2514272
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $486,590
- Income (IRS master file)
- $27,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $27,500 | $78,963 | $486,590 | XML |
| 990 | December 2023 | $77,500 | $125,755 | $538,053 | XML |
| 990 | December 2022 | $208,334 | $588,609 | $586,308 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Kristi Lumpkin | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-2514272).
Questions about LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC
- What is the EIN of LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC?
- The employer identification number (EIN) of LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC is 45-2514272.
- Is LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LINCOLN ECONOMIC DEVELOPMENT COUNCIL 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 LINCOLN ECONOMIC DEVELOPMENT COUNCIL 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 LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2024 names JAMES D HOLLAND III.
- Who are the officers and directors of LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does LINCOLN ECONOMIC DEVELOPMENT COUNCIL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $27,500, expenses of $78,963 and total assets of $486,590 at year end.
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