Nonprofit · EIN 58-1602245
MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · BASTROP, LA 71220
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $82,964 | $59,837 | $23,127 | $161,676 | $0 | $161,676 |
| September 30, 2024 | 990 | $79,237 | $68,754 | $10,483 | $186,049 | $0 | $186,049 |
| September 30, 2023 | 990-EZ | $77,422 | $65,753 | $11,669 | $175,566 | – | $175,566 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $82,531
- of which government grants
- $32,301
- Membership dues
- $6,920
- Program service revenue
- $0
- Investment income
- $433
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $37,800
- Salaries, compensation and benefits (total)
- $37,800
- Professional fundraising fees
- $0
- Accounting fees
- $1,625
- Travel
- $1,845
- Depreciation
- $1,519
- Program services (functional)
- $45,741
- Management and general (functional)
- $12,577
Balance sheet and other
- Total assets, start of year
- $186,049
- Total assets, end of year
- $161,676
- Total liabilities, end of year
- $0
- Net assets, end of year
- $161,676
- Land, buildings and equipment
- $92,458
- Net assets without donor restrictions
- $161,676
- Gross receipts
- $82,964
- Employees
- 0
- Year formed
- 1984
- State of legal domicile
- LA
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kay W King | Executive Direc Trustee or director | 40 | $37,800 |
| Pudden Young | Director Trustee or director | 0 | $0 |
| Loe Dunn | Director Trustee or director | 0 | $0 |
| Mario Bershell | Director Trustee or director | 0 | $0 |
| Allen Spires Jr | Director Trustee or director | 0 | $0 |
| Robert Green | Director Trustee or director | 0 | $0 |
| Justina Brown | Director Trustee or director | 0 | $0 |
| Kathy Lenard | Secretary/Treas Trustee or director | 0 | $0 |
| Glen Melton | Director Trustee or director | 0 | $0 |
| Billy Jordan | Chairman Trustee or director | 0 | $0 |
| Odis Hill | Vice Chairman Trustee or director | 0 | $0 |
| Debbie Rogers | Director Trustee or director | 0 | $0 |
| Alex Rankin | Director Trustee or director | 0 | $0 |
| Nita Dunn | Asst, Secretary Trustee or director | 0 | $0 |
| Clarence Hawkins | Director Trustee or director | 0 | $0 |
990 for the year ended September 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kay W King | Executive Direc Trustee or director | 40 | $37,800 |
| Pudden Young | Director Trustee or director | 0 | $0 |
| Loe Dunn | Director Trustee or director | 0 | $0 |
| Mario Bershell | Director Trustee or director | 0 | $0 |
| Allen Spires Jr | Director Trustee or director | 0 | $0 |
| Robert Green | Director Trustee or director | 0 | $0 |
| Justina Brown | Director Trustee or director | 0 | $0 |
| Kathy Lenard | Secretary/Treas Trustee or director | 0 | $0 |
| Glen Melton | Director Trustee or director | 0 | $0 |
| Billy Jordan | Chairman Trustee or director | 0 | $0 |
| Odis Hill | Vice Chairman Trustee or director | 0 | $0 |
| Debbie Rogers | Director Trustee or director | 0 | $0 |
| Alex Rankin | Director Trustee or director | 0 | $0 |
| Nita Dunn | Asst, Secretary Trustee or director | 0 | $0 |
| Clarence Hawkins | Director Trustee or director | 0 | $0 |
990-EZ for the year ended September 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kay W King | Executive Direc | 40 | $37,800 |
| Pudden Young | Director | 0 | $0 |
| Loe Dunn | Director | 0 | $0 |
| Mario Bershell | Director | 0 | $0 |
| Allen Spires Jr | Director | 0 | $0 |
| Robert Green | Director | 0 | $0 |
| Justina Brown | Director | 0 | $0 |
| Kathy Lenard | Secretary/Treas | 0 | $0 |
| Glen Melton | Director | 0 | $0 |
| Billy Jordan | Chairman | 0 | $0 |
| Odis Hill | Vice Chairman | 0 | $0 |
| Debbie Rogers | Director | 0 | $0 |
| Alex Rankin | Director | 0 | $0 |
| Nita Dunn | Asst, Secretary | 0 | $0 |
| Clarence Hawkins | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 S FRANKLIN STREET A, BASTROP, LA 71220-4529
- Signed the 990
- Kay W King, Executive Direc
- Phone
- (318) 283-4000
- Website
- www.morehouseedc.org
- Return prepared by
- RICK W DUPLISSEY CPALLC
Mission
Economic Development.
Program accomplishments
- Economic Development
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 58-1602245
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1985
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $161,676
- Income (IRS master file)
- $82,964
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $82,964 | $59,837 | $161,676 | XML |
| 990 | September 2024 | $79,237 | $68,754 | $186,049 | XML |
| 990-EZ | September 2023 | $77,422 | $65,753 | $175,566 | XML |
| 990-EZ | September 2022 | – | – | – | IRS |
| 990-EZ | September 2021 | – | – | – | IRS |
| 990-EZ | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 58-1602245).
Questions about MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION is 58-1602245.
- Is MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1985.
- Are donations to MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION 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 MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who are the officers and directors of MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $37,800 (Kay W King, Executive Direc).
- How much revenue does MOREHOUSE ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $82,964, expenses of $59,837 and total assets of $161,676 at year end.
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