Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 75-2538151

LITTLEFIELD ECONOMIC DEVELOPMENT INC

Tax-exempt (reinstated) · LITTLEFIELD, TX 79339

Financials

$870K$445K2022
Revenue Expenses · by fiscal year end
Financials of LITTLEFIELD ECONOMIC DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2023990$870,427$445,276$425,151$2,133,115$0$2,133,115
Financial details: 990 for the year ended September 30, 2023

Revenue

Contributions, gifts and grants
$812,348
of which government grants
$812,228
Program service revenue
$0
Investment income
$58,079
Other revenue
$0

Expenses

Grants and similar amounts paid
$336,762
Compensation of officers, directors and key employees
$0
Other salaries and wages
$56,878
Salaries, compensation and benefits (total)
$69,413
Professional fundraising fees
$0
Legal fees
$1,592
Travel
$1,623

Balance sheet and other

Total assets, start of year
$1,707,964
Total assets, end of year
$2,133,115
Total liabilities, end of year
$0
Net assets, end of year
$2,133,115
Net assets without donor restrictions
$2,133,115
Gross receipts
$870,427
Employees
0
Year formed
1994
State of legal domicile
TX

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
RONNIE ROGERSPresident
Trustee or director, Officer
0$0
CHASE BRYANTDirector
Trustee or director
0$0
GARY JONESTreasurer
Trustee or director, Officer
0$0
LORI ZINNVice President
Trustee or director, Officer
0$0
GRAHAM HENLEYDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
PO BOX 1226, LITTLEFIELD, TX 79339-1226
Signed the 990
RONNIE ROGERS, President
Phone
(806) 485-0021
Return prepared by
WEBB WEBB & WRIGHT CPAS PLLC

Mission

THE LITTLEFIELD EDC IS AN ECONOMIC DEVELOPMENT CORPORATION FUNDED THROUGH A SALES TAX COLLECTED BY THE STATE AND PAID TO THE CITY OF LITTLEFIELD. IT IS DESIGNED TO IMPROVE THE ECONOMIC ENVIRONMENT IN AND AROUND THE CITY BY INCENTIVIZING PRIVATE INDUSTRIES TO RELOCATE TO OR EXPAND THEIR OPERATIONS IN THE CITY, RESULTING IN INCREASED EMPLOYMENT. ALLEVIATING UNEMPLOYMENT AND UNDER-EMPLOYMENT IS LEDC'S PRIMARY CHARGE.

990 for the year ended September 30, 2023

Program accomplishments

  • GRANT TO CITY OF LITTLEFIELD FOR PROPERTY PURCHASES AND GRANT TO CITY OF LITTLEFIELD FOR AIRPORT HANGAR 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 yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026Not on file
2023September 30, 2024February 17, 2025Not on file

IRS record

EIN
75-2538151
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2016
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,133,115
Income (IRS master file)
$870,427

Revocation and reinstatement

Exemption revoked
February 15, 2012
Posted by the IRS
October 8, 2012
Reinstated
Effective February 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2023$870,427$445,276$2,133,115XML
990September 2022$860,381$700,610$1,707,964IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 75-2538151).

Questions about LITTLEFIELD ECONOMIC DEVELOPMENT INC

What is the EIN of LITTLEFIELD ECONOMIC DEVELOPMENT INC?
The employer identification number (EIN) of LITTLEFIELD ECONOMIC DEVELOPMENT INC is 75-2538151.
Is LITTLEFIELD ECONOMIC DEVELOPMENT INC tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2012 and reinstated it effective February 15, 2012.
Are donations to LITTLEFIELD ECONOMIC DEVELOPMENT INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LITTLEFIELD ECONOMIC 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 LITTLEFIELD ECONOMIC DEVELOPMENT INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LITTLEFIELD ECONOMIC DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2023.
Who are the officers and directors of LITTLEFIELD ECONOMIC DEVELOPMENT INC?
The 990 for the year ended September 30, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does LITTLEFIELD ECONOMIC DEVELOPMENT INC have?
On its 990 for the year ended September 30, 2023 it reported revenue of $870,427, expenses of $445,276 and total assets of $2,133,115 at year end.

Other nonprofits in LITTLEFIELD

All nonprofits in LITTLEFIELD · Texas · Community improvement and capacity building