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Nonprofit · EIN 75-2847878

L&B DEPP INC

Tax-exempt · DALLAS, TX 75206

Financials

$5.8M$02024−$605K$02025
Revenue Expenses · by fiscal year end
Financials of L&B DEPP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-$605,234$0-$605,234$115,292$1,568$113,724
December 31, 2024990$5,761,258$0$5,761,258$964,206$14,797$949,409
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$12,095
Net rental income
-$617,329
Other revenue
-$617,329

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$964,206
Total assets, end of year
$115,292
Total liabilities, end of year
$1,568
Net assets, end of year
$113,724
Gross receipts
$12,095
Employees
0
Volunteers
0
Year formed
1999
State of legal domicile
DE

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHRISTINE M MULLISCHAIRMAN OF THE BOARD/CEO
Trustee or director, Officer
1$0
DANIEL L PLUMLEEPRESIDENT
Trustee or director, Officer
1$0
JENNIFER A HANSONTREASURER & SECRETARY
Trustee or director, Officer
1$0
CORINNE HOFFMANVICE PRESIDENT
Officer
1$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
CHRISTINE M MULLISCHAIRMAN OF THE BOARD/CEO
Trustee or director, Officer
1$0
DANIEL L PLUMLEEPRESIDENT
Trustee or director, Officer
1$0
JENNIFER A HANSONTREASURER & SECRETARY
Trustee or director, Officer
1$0
CORINNE HOFFMANVICE PRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
5910 N CENTRAL EXPY STE 1200, DALLAS, TX 75206-5144
In care of
% L&B REALTY ADVISORS LLP
Principal officer (990 for 2025)
CHRISTINE MULLIS, 5910 N CENTRAL EXPRESSWAY 1200, DALLAS, TX 75206
Signed the 990
CHRISTINE MULLIS, TREASURER & SECRETARY
Phone
(214) 989-0800
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

THE COMPANY IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING REAL PROPERTY AND REMITTING THE NET INCOME FROM SUCH PROPERTY TO THE TAX-EXEMPT ORGANIZATIONS THAT ARE THE BENEFICIARIES OF THE ORGANIZATION.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ENTITY OPERATED THE RENTAL REAL ESTATE PROPERTY FOR ITS EXEMPT BENEFICIARY, DOW EMPLOYEES' PENSION PLAN (FEDERAL TAX NUMBER: 38-6184045)

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2847878
Tax-exempt status
501(c)(25): Title-holding corporation for multiple parents
Donations deductible
No
Exempt since
2000
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$115,292
Income (IRS master file)
$12,095

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$1,480,417$0$29,460,077IRS
990December 2022$1,482,352$0$31,311,695IRS
990December 2021-$258,980$5,407,887$29,133,648IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about L&B DEPP INC

What is the EIN of L&B DEPP INC?
The employer identification number (EIN) of L&B DEPP INC is 75-2847878.
Is L&B DEPP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(25) since 2000.
Are donations to L&B DEPP INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does L&B DEPP INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of L&B DEPP 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 L&B DEPP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of L&B DEPP INC?
The 990 for the year ended December 31, 2025 names CHRISTINE MULLIS.
Who are the officers and directors of L&B DEPP INC?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does L&B DEPP INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of -$605,234, expenses of $0 and total assets of $115,292 at year end.

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