Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
EIN 74-2934571 • 501(c)3 • Lampasas, TX
Profile
To promote economic development within the city and state in order to eliminate unemployment and underemployment and to promote and encourage employment and the public welfare of, for, and on behalf of the city.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
38th percentile
Faster revenue growth than 38% of similar nonprofits.
Assets
Up$4,556,110
Up $44,951 (+1.0%) from 2023
Liabilities
Down$2,330,635
Down $116,764 (-4.8%) from 2023
Net Assets
Up$2,225,475
Up $161,715 (+7.8%) from 2023
Revenue
Up$552,727
Up $18,400 (+3.4%) from 2023
Expenses
Up$391,011
Up $81,115 (+26%) from 2023
Net Income
Down$161,716
Down $62,715 (-28%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To promote economic development within the city and state in order to eliminate unemployment and underemployment and to promote and encourage employment and the public welfare of, for, and on behalf of the city.
To promote economic development within the city of lampasas.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,181,789 | $2,983,673 | ▼ $198,116 |
| Cash and Non-Interest-Bearing Accounts | $1,329,369 | $1,572,437 | ▲ $243,068 |
| Rtn Earn Endowment Incm Other Fnds | $1,327,109 | $1,561,624 | ▲ $234,515 |
| Cap Stk Tr Prin Current Funds | $740,855 | $663,851 | ▼ $77,004 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Total Assets | $4,511,158 | $4,556,110 | ▲ $44,952 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,440,934 | $2,319,822 | ▼ $121,112 |
| Accounts Payable and Accrued Expenses | $2,260 | $6,870 | ▲ $4,610 |
| Other Liabilities | $0 | $3,943 | ▲ $3,943 |
| Total Liabilities | $2,443,194 | $2,330,635 | ▼ $112,559 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,067,964 | $2,225,475 | ▲ $157,511 |
| Total Liabilities and Net Assets / Fund Balance | $4,511,158 | $4,556,110 | ▲ $44,952 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $1,494,858 | $282,996 | $1,777,854 |
| Land | $923,350 | - | $923,350 |
| Buildings | $565,465 | $236,801 | $802,266 |
| Name | Title |
|---|---|
| Misti Talbert | President |
| Steve Hudson | Vice President |
| Bobby Carroll | Ex Officio |
| Randy Morris | Ex-officio |
| Charles Pratus | Member |
| Deorald Finney | Member |
| Fin Erwin | Member |
| Sid Ball | Member |
| Roland Schaub | Secretary/treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $343,770 |
| Grants and Similar Amounts Paid | $47,241 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $204,067 | - | - | $204,067 |
| Interest | $82,945 | - | - | $82,945 |
| Grants to Domestic Orgs | $47,241 | - | - | $47,241 |
| All Other Expenses | $10,054 | - | - | $10,054 |
| Other Expenses | $6,820 | - | - | $6,820 |
| Advertising | $4,662 | - | - | $4,662 |
| Travel | $4,609 | - | - | $4,609 |
| Total Functional Expenses | $391,011 | $0 | $0 | $391,011 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $391,011 |
| Total Expenses per Audited Statements | $391,011 |
| Total Expenses per Form 990 | $391,011 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Accrued Interest Payable | $3,943 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Lampasas Economic Developement Corp | 2004-05-11 | $1,100,000 | Purchase of real property |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | - | - | - | - |
“The board receives and reviews the form 990 at their regular meeting. The form 990 is reviewed by the executive director and city director of finance prior to mailing. A copy is provided to each member for their review prior to the next meeting where the return is formally reviewed and accepted.”
“The corporation has a website and also uses the city of lampasas's website to publish information to the general public.”
“THE CORPORATION CONDUCTS OPEN MEETINGS WHICH ALL CITIZENS MAY ATTEND. ALL DOCUMENTS PRODUCED BY THE CORPORATION ARE SUBJECT TO OPEN RECORDS AND MAY BE OBTAINED UPON REQUEST. ALL FINANCIAL STATEMENTS ARE AUDITED BY OUTSIDE CPAs AND PRESENTED IN A PUBLIC MEETING AND MADE AVAILABLE TO THE PUBLIC.”
“Prior period adjustment to fixed assets -4,205.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 2260 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 6870 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT WITHIN THE CITY OF LAMPASAS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 4662 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 4662 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 10054 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 10054 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | YVONNE MORENO FINANCE DIRECTOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5125566831 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 312 E THIRD STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LAMPASAS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76550 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 740855 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 663851 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1329369 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1572437 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 47241 |
| IRS990/CYInvestmentIncomeAmt | 0 | 64984 |
| IRS990/CYOtherExpensesAmt | 0 | 343770 |
| IRS990/CYOtherRevenueAmt | 0 | 487743 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 161716 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 391011 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 552727 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 204067 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 204067 |
| IRS990/Desc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT WITHIN THE CITY AND STATE IN ORDER TO ELIMINATE UNEMPLOYMENT AND UNDEREMPLOYMENT AND TO PROMOTE AND ENCOURAGE EMPLOYMENT AND THE PUBLIC WELFARE OF, FOR, AND ON BEHALF OF THE CITY |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 391011 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MISTI TALBERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROLAND SCHAUB |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STEVE HUDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CHARLES PRATUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DEORALD FINNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | FIN ERWIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SID BALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BOBBY CARROLL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RANDY MORRIS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EX OFFICIO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | EX-OFFICIO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 47241 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 47241 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 47241 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 552727 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 82945 |
| IRS990/InterestGrp/TotalAmt | 0 | 82945 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 64984 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 64984 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 519797 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3181789 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2983673 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3503470 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT WITHIN THE CITY AND STATE IN ORDER TO ELIMINATE UNEMPLOYMENT AND UNDEREMPLOYMENT AND TO PROMOTE AND ENCOURAGE EMPLOYMENT AND THE PUBLIC WELFARE OF, FOR, AND ON BEHALF OF THE CITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 2440934 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2319822 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2067964 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2225475 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -4205 |
| IRS990/OtherExpensesGrp/Desc | 0 | ADMIN & OVERHEAD |
| IRS990/OtherExpensesGrp/Desc | 1 | PROFESSIONAL SERVICES |
| IRS990/OtherExpensesGrp/Desc | 2 | BUILDING & GROUNDS |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND MEMBERSHIPS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 12000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 10613 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 8000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 6820 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 12000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 10613 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 8000 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 6820 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 3943 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | SALES TAX |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 487743 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 487743 |
| IRS990/OtherRevenueTotalAmt | 0 | 487743 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | MISTI TALBERT |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 55128 |
| IRS990/PYInvestmentIncomeAmt | 0 | 46855 |
| IRS990/PYOtherExpensesAmt | 0 | 254768 |
| IRS990/PYOtherRevenueAmt | 0 | 487472 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 224431 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 309896 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 534327 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 161716 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 552727 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1327109 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1561624 |
| IRS990ScheduleA/GovernmentalUnitInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 565465 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 236801 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 802266 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 391011 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 923350 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 923350 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1494858 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 282996 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1777854 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 3943 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED INTEREST PAYABLE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 552727 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2983673 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 391011 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3943 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 552727 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 552727 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 391011 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt | 0 | 2004-05-11 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN | 0 | 742934571 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt | 0 | 1100000 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt | 0 | LAMPASAS ECONOMIC DEVELOPEMENT CORP |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc | 0 | PURCHASE OF REAL PROPERTY |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD RECEIVES AND REVIEWS THE FORM 990 AT THEIR REGULAR MEETING. THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND CITY DIRECTOR OF FINANCE PRIOR TO MAILING. A COPY IS PROVIDED TO EACH MEMBER FOR THEIR REVIEW PRIOR TO THE NEXT MEETING WHERE THE RETURN IS FORMALLY REVIEWED AND ACCEPTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CORPORATION HAS A WEBSITE AND ALSO USES THE CITY OF LAMPASAS'S WEBSITE TO PUBLISH INFORMATION TO THE GENERAL PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CORPORATION CONDUCTS OPEN MEETINGS WHICH ALL CITIZENS MAY ATTEND. ALL DOCUMENTS PRODUCED BY THE CORPORATION ARE SUBJECT TO OPEN RECORDS AND MAY BE OBTAINED UPON REQUEST. ALL FINANCIAL STATEMENTS ARE AUDITED BY OUTSIDE CPAs AND PRESENTED IN A PUBLIC MEETING AND MADE AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PRIOR PERIOD ADJUSTMENT TO FIXED ASSETS -4,205. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part XI, line 9: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 1 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 4511158 |
| IRS990/TotalAssetsEOYAmt | 0 | 4556110 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 4511158 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 4556110 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 391011 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 391011 |
| IRS990/TotalGrossUBIAmt | 0 | 487743 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 2443194 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2330635 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 2443194 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2330635 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2067964 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2225475 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 391011 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 64984 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 552727 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 487743 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 4511158 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 4556110 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 4609 |
| IRS990/TravelGrp/TotalAmt | 0 | 4609 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 301 E THIRD STREET |
| IRS990/USAddress/CityNm | 0 | LAMPASAS |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 76550 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LAMPASASEDC.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MISTI TALBERT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5125566831 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAMPASAS ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAMP |
| ReturnHeader/Filer/EIN | 0 | 742934571 |
| ReturnHeader/Filer/PhoneNum | 0 | 5125566831 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 312 E THIRD STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAMPASAS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 76550 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 204107760 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | J N CLARK ENTERPRISES INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 1997 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LAMPASAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 76550 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5125564460 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JACK N CLARK CPA |
| ReturnHeader/ReturnTs | 0 | 2025-08-19T15:32:23-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-09-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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