Nonprofit · EIN 56-1699549
LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC
Also known as Lumberton Economic Advancement for Downtown Inc LEAD
Tax-exempt · LUMBERTON, NC 28359
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $148,263 | $148,895 | -$632 | $49,730 | – | $49,730 |
| June 30, 2024 | 990-EZ | $73,611 | $73,704 | -$93 | $50,362 | – | $50,362 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $148,263
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $675
- Printing, publications and postage
- $465
- Other expenses
- $147,755
- Program services (functional)
- $148,895
Balance sheet and other
- Total assets, start of year
- $50,362
- Total assets, end of year
- $49,730
- Total liabilities, end of year
- –
- Net assets, end of year
- $49,730
- Cash, savings and investments
- $49,730
- Gross receipts
- $148,263
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TATE JOHNSON | PRESIDENT | 4 | $0 |
| PRISSY MCANULTY | VICE-PRESIDENT | 2 | $0 |
| MARION THOMPSON | TREASURER | 2 | $0 |
| KATIE FOUNTAIN | SECRETARY | 2 | $0 |
990-EZ for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TATE JOHNSON | PRESIDENT | 4 | $0 |
| PRISSY MCANULTY | VICE-PRESIDENT | 2 | $0 |
| MARGARET CRITES | TREASURER | 2 | $0 |
| MARION THOMPSON | SECRETARY | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2565, LUMBERTON, NC 28359-2565
- In care of
- % SARAH BETH WARD
- Mailing address (990-N for 2012)
- PO Box 1388, Lumberton NC 28359
- Principal officer (990-N for 2012)
- Connie Russ, PO Box 1388, Lumberton NC 28359
- Signed the 990-EZ
- MARION THOMPSON, TREASURER
- Phone
- (910) 734-2992
- Return prepared by
- Patterson & Associates PLLC
Mission
TO REVITALIZE DOWNTOWN LUMBERTON FOR THE ECONOMIC DEVELOPMENT OF LUMBERTON AND SURROUNDING AREAS WITH EMPHASIS ON PROMOTING SPONSORING,AND BRINGING ABOUT EDUCATIONAL, RECREATIONAL, CULTURAL, EMPLOYMENT & COMMERCIAL REVITALIZATION IN THE
Program accomplishments
- PROVIDE RECREATIONAL, CULTURAL, AND BEAUTIFICATION PROJECTS AND EVENTS FOR DOWNTOWN LUMBERTON, NCExpenses $123,895
- SUPPORT SMALL BUSINESSES LOOKING TO EXPAND, UPGRADE TECHNOLOGY,OR IMPROVE STOREFRONTS IN DOWNTOWN LUMBERTON. FUNDINGPROVIDED THROUGH DUKE ENERGY FOUNDATION GRANTExpenses $25,000 · grants $25,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-1699549
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $49,730
- Income (IRS master file)
- $148,263
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $148,263 | $148,895 | $49,730 | XML |
| 990-EZ | June 2024 | $73,611 | $73,704 | $50,362 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-N for 2012 Officer: Connie Russ | December 31, 2012 | ≤ $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 56-1699549).
Questions about LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC
- What is the EIN of LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC?
- The employer identification number (EIN) of LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC is 56-1699549.
- Is LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN 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 LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC?
- The 990-N for 2012 names Connie Russ.
- Who are the officers and directors of LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC?
- The 990-EZ for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LUMBERTON ECONOMIC ADVANCEMENT FOR DOWNTOWN INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $148,263, expenses of $148,895 and total assets of $49,730 at year end.
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All nonprofits in LUMBERTON · North Carolina · Community improvement and capacity building