Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
990 • Fiscal year 2023 • EIN 74-2934571
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Assets
Down$4,511,159
Down $775,962 (-15%) from 2022
Net Assets
Up$2,063,760
Up $224,431 (+12%) from 2022
Liabilities
Down$2,447,399
Down $1,000,393 (-29%) from 2022
Revenue
Up$534,327
Up $59,714 (+13%) from 2022
Expenses
Up$309,896
Up $68,789 (+29%) from 2022
Net Income
Down$224,431
Down $9,075 (-3.9%) from 2022
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 | $3,289,636 | $3,181,789 | ▼ $107,847 |
| Cash and Non-Interest-Bearing Accounts | $1,997,485 | $1,329,370 | ▼ $668,115 |
| Rtn Earn Endowment Incm Other Fnds | $1,669,497 | $1,322,905 | ▼ $346,592 |
| Cap Stk Tr Prin Current Funds | $169,832 | $740,855 | ▲ $571,023 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Total Assets | $5,287,121 | $4,511,159 | ▼ $775,962 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,557,881 | $2,440,934 | ▼ $116,947 |
| Other Liabilities | $91,486 | $4,205 | ▼ $87,281 |
| Accounts Payable and Accrued Expenses | $798,425 | $2,260 | ▼ $796,165 |
| Total Liabilities | $3,447,792 | $2,447,399 | ▼ $1,000,393 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,839,329 | $2,063,760 | ▲ $224,431 |
| Total Liabilities and Net Assets / Fund Balance | $5,287,121 | $4,511,159 | ▼ $775,962 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $1,561,844 | $210,059 | $1,771,903 |
| Land | $923,350 | - | $923,350 |
| Buildings | $696,595 | $105,671 | $802,266 |
| Name | Title |
|---|---|
| Misti Talbert | President |
| Steve Hudson | Vice President |
| Fin Erwin | Member |
| Ryan Shahan | Member |
| Sid Ball | Member |
| T J Monroe | Member |
| Roland Schaub | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $254,768 |
| Grants and Similar Amounts Paid | $55,128 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $115,775 | - | - | $115,775 |
| Interest | $87,155 | - | - | $87,155 |
| Grants to Domestic Orgs | $55,128 | - | - | $55,128 |
| Fees for Services Other | $9,967 | - | - | $9,967 |
| Advertising | $5,386 | - | - | $5,386 |
| Travel | $2,993 | - | - | $2,993 |
| Fees for Services Legal | $2,315 | - | - | $2,315 |
| All Other Expenses | $1,036 | - | - | $1,036 |
| Other Expenses | $605 | - | - | $605 |
| Total Functional Expenses | $309,896 | $0 | $0 | $309,896 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $309,896 |
| Total Expenses per Audited Statements | $309,896 |
| Total Expenses per Form 990 | $309,896 |
| 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 | $4,205 |
| 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.”
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 | 798425 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2260 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT WITHIN THE CITY OF LAMPASAS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 5386 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 5386 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1036 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1036 |
| 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 | 169832 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 740855 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1997485 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1329370 |
| 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 | 55128 |
| IRS990/CYInvestmentIncomeAmt | 0 | 46855 |
| IRS990/CYOtherExpensesAmt | 0 | 254768 |
| IRS990/CYOtherRevenueAmt | 0 | 487472 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 224431 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 309896 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 534327 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 115775 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 115775 |
| 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 | 309896 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 2315 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2315 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 9967 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 9967 |
| 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/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/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/PersonNm | 0 | SID BALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROLAND SCHAUB |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STEVE HUDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MISTI TALBERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | FIN ERWIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | T J MONROE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | RYAN SHAHAN |
| 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/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/TitleTxt | 0 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 55128 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 55128 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 55128 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 534327 |
| 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/InterestGrp/ProgramServicesAmt | 0 | 87155 |
| IRS990/InterestGrp/TotalAmt | 0 | 87155 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 46855 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 46855 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 315730 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3289636 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3181789 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3497519 |
| 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 | 2557881 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2440934 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1839329 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2063760 |
| 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 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROFESSIONAL SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | ADMIN & OVERHEAD |
| IRS990/OtherExpensesGrp/Desc | 2 | OFFICE EQUIPMENT MAINTE |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND MEMBERSHIPS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 15096 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 12000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2440 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 605 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 15096 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 12000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2440 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 605 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 91486 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4205 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | SALES TAX |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 487472 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 487472 |
| IRS990/OtherRevenueTotalAmt | 0 | 487472 |
| 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 | 50207 |
| IRS990/PYInvestmentIncomeAmt | 0 | 5738 |
| IRS990/PYOtherExpensesAmt | 0 | 190900 |
| IRS990/PYOtherRevenueAmt | 0 | 468875 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 233506 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 241107 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 474613 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 224431 |
| 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 | 534327 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1669497 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1322905 |
| IRS990ScheduleA/GovernmentalUnitInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 696595 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 105671 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 802266 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 309896 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 923350 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 923350 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1561844 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 210059 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1771903 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4205 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED INTEREST PAYABLE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 534327 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3181789 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 309896 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4205 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 534327 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 534327 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 309896 |
| 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/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 |
| 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 | 5287121 |
| IRS990/TotalAssetsEOYAmt | 0 | 4511159 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5287121 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 4511159 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 309896 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 309896 |
| IRS990/TotalGrossUBIAmt | 0 | 487472 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3447792 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2447399 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3447792 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2447399 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1839329 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2063760 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 309896 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 46855 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 534327 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 487472 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 5287121 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 4511159 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 2993 |
| IRS990/TravelGrp/TotalAmt | 0 | 2993 |
| 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 | 2024-08-08 14:25:15Z |
| 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 | 2024-08-02 |
| 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 | JN 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 | 5125560522 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JACK N CLARK CPA |
| ReturnHeader/ReturnTs | 0 | 2024-08-02T11:06:09-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-09-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.