Nonprofit · EIN 75-2760924
LIGHT ECONOMIC AND DEVELOPMENT INC
Tax-exempt · MESQUITE, TX 75150
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $2,500 | $3,101 | -$601 | $60,246 | $0 | $60,246 |
| December 31, 2024 | 990-EZ | $0 | $5,329 | -$5,329 | $60,847 | $0 | $60,847 |
| December 31, 2023 | 990 | $177,820 | $16,722 | $161,098 | $66,176 | $0 | $66,176 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $2,500
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,109
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $1,000
- Other expenses
- $992
- Program services (functional)
- $604
Balance sheet and other
- Total assets, start of year
- $60,847
- Total assets, end of year
- $60,246
- Total liabilities, end of year
- $0
- Net assets, end of year
- $60,246
- Cash, savings and investments
- $35,246
- Gross receipts
- $2,500
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Veda Shaw | Secretary/Treas/Dir. | 5 | $0 |
| Kenneth Martin | Director | 1 | $0 |
| Ronald Shaw | President/Director | 5 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Veda Shaw | Secretary/Treas/Dir. | 5 | $0 |
| Kenneth Martin | Director | 1 | $0 |
| Ronald Shaw | President/Director | 5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VEDA SHAW | SECRETARY/TR Trustee or director, Officer | 5 | $6,670 |
| KENNETH MARTIN | DIRECTOR Trustee or director | 1 | $0 |
| RONALD SHAW | PRESIDENT/DI Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2606 JOHN WEST RD, MESQUITE, TX 75150-2036
- In care of
- % VEDA SHAW
- Mailing address (990-N for 2022)
- 2606 John West Road, Mesquite TX 75150
- Principal officer (990-N for 2022)
- Ronald Shaw, 2606 John West Road, Mesquite TX 75150
- Signed the 990-EZ
- Veda Shaw, Secretary/Treas/Dir.
- Phone
- (214) 320-5744
- Return prepared by
- David Floyd Jr CPA
Mission
To develop strategic partnerships for the spiritual, economic, and social benefit of area youth, residents, and businesses. Our energy is focused in four key areas: Enterprise Development, Housing Development, Workforce Training, and Leadership Development.
Program accomplishments
- Saturday Boys Cleaning Program - Light Economic and Development partnered with Light Unlimited Christian Center to provide hands-on training and mentorship for boys ages 12-17 by teaching them the fundamentals of cleaning, facility care, and building maintenance, while also teaching them responsibility, teamwork, and practical life skills.Expenses $604
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2760924
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $60,246
- Income (IRS master file)
- $2,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $2,500 | $3,101 | $60,246 | IRS |
| 990-EZ | December 2024 | $0 | $5,329 | $60,847 | XML |
| 990 | December 2023 | $177,820 | $16,722 | $66,176 | XML |
| 990-N for 2022 Officer: Ronald Shaw | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Ronald Shaw | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Ronald Shaw | December 31, 2019 | ≤ $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 75-2760924).
Questions about LIGHT ECONOMIC AND DEVELOPMENT INC
- What is the EIN of LIGHT ECONOMIC AND DEVELOPMENT INC?
- The employer identification number (EIN) of LIGHT ECONOMIC AND DEVELOPMENT INC is 75-2760924.
- Is LIGHT ECONOMIC AND DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to LIGHT ECONOMIC AND DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIGHT ECONOMIC AND DEVELOPMENT INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LIGHT ECONOMIC AND DEVELOPMENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIGHT ECONOMIC AND DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LIGHT ECONOMIC AND DEVELOPMENT INC?
- The 990-N for 2022 names Ronald Shaw.
- Who are the officers and directors of LIGHT ECONOMIC AND DEVELOPMENT INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LIGHT ECONOMIC AND DEVELOPMENT INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $2,500, expenses of $3,101 and total assets of $60,246 at year end.
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- TRUE SERVICE LODGE EIN 92-0580987 · last filed 990-N for 2024
- SHARING LIFE COMMUNITY OUTREACH INC EIN 75-2831756 · last filed 990 for 2025
- DALLAS CHRISTIAN SCHOOL EIN 75-1004860 · last filed 990 for 2025
- SSS EDUCATION FOUNDATION EIN 82-4972119 · last filed 990 for 2024
- UNITED ASSOCIATION OF JOURNEYMEN & APPRENTICES OF THE PLUMBING & PIPE EIN 75-0500195 · last filed 990 for 2024
- PLUMBERS AND PIPEFITTERS OF DALLAS APPRENTICESHIP TRAINING FUND EIN 83-4123107 · last filed 990 for 2025
All nonprofits in MESQUITE · Texas · Community improvement and capacity building