Civic Intelligence

Levelland Economic Development Corp

EIN 75-2442331 • 501(c)6 • Levelland, TX

Profile

To promote and develop industrial and manufacturing enterprises in order to eliminate unemployment and underemployment, and to promote and encourage employment and the public welfare of, and on behalf of the city of levelland, texas.

P O Box 1010Levelland, TX 79336

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.25x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

2.29x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2015

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

35%

Faster asset growth than 92% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

4th percentile

-31%

Faster revenue growth than 4% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$9,677,344

Up $2,531,371 (+35%) from 2014

Liabilities

Up

$2,448,780

Up $2,418,525 (+7994%) from 2014

Net Assets

Up

$7,228,564

Up $112,846 (+1.6%) from 2014

Operations
Liabilities / Revenue97th percentileNet Margin68th percentile

Revenue

Down

$1,069,457

Down $481,137 (-31%) from 2014

Expenses

Up

$956,611

Up $124,124 (+15%) from 2014

Net Income

Down

$112,846

Down $605,261 (-84%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $5,781,258Liabilities 2010: $151,982Net Assets 2010: $5,629,2762010Assets 2011: $6,169,728Liabilities 2011: $353,509Net Assets 2011: $5,816,2192011Assets 2012: $6,202,553Liabilities 2012: $13,811Net Assets 2012: $6,188,7422012Assets 2013: $6,434,137Liabilities 2013: $36,526Net Assets 2013: $6,397,6112013Assets 2014: $7,145,973Liabilities 2014: $30,255Net Assets 2014: $7,115,7182014Assets 2015: $9,677,344Liabilities 2015: $2,448,780Net Assets 2015: $7,228,5642015

Highlighted filing

2015

Assets$9,677,344
Liabilities$2,448,780
Net Assets$7,228,564
Open 2015 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $425,1632010Revenue 2011: $1,020,142Expenses 2011: $867,219Net Income 2011: $152,9232011Expenses 2012: $412,9422012Revenue 2013: $905,515Expenses 2013: $696,646Net Income 2013: $208,8692013Revenue 2014: $1,550,594Expenses 2014: $832,487Net Income 2014: $718,1072014Revenue 2015: $1,069,457Expenses 2015: $956,611Net Income 2015: $112,8462015

Highlighted filing

2015

Revenue$1,069,457
Expenses$956,611
Net Income$112,846
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,677,344
Liabilities
$2,448,780
Net assets
$7,228,564
Revenue
$1,069,457
Expenses
$956,611
Net income
$112,846
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$9.68$2.45$7.23$1.07$0.96$0.11
2014Detailed filing. Detailed filing data is available for this year.$7.15$0.03$7.12$1.55$0.83$0.72
2013Summary only. Only limited summary data is available for this year.$6.43$0.04$6.40$0.91$0.70$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$0.01$6.19$0.41
2011Summary only. Only limited summary data is available for this year.$6.17$0.35$5.82$1.02$0.87$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.78$0.15$5.63$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
May 12, 2016
Return Version
2014v6.0
Gross Receipts
$1,084,501
Mission and Program Overview

Mission

To promote and develop industrial and manufacturing enterprises in order to eliminate unemployment and underemployment, and to promote and encourage employment and the public welfare of, and on behalf of the city of levelland, texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,910,604$5,825,713▼ $84,891
Savings and Temporary Cash Investments$1,051,683$2,505,748▲ $1,454,065
Other Notes and Loans Receivable, Net$70,000$516,749▲ $446,749
Accounts Receivable$83,088$60,357▼ $22,731
Prepaid Expenses and Deferred Charges$24,635$23,490▼ $1,145
Cash and Non-Interest-Bearing Accounts-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$7,145,973$9,677,344▲ $2,531,371
Other Assets Total$5,963$745,287▲ $739,324
Liabilities
Tax Exempt Bond Liabilities-$1,835,000-
Accounts Payable and Accrued Expenses$30,254$613,779▲ $583,525
Other Liabilities$1$1→ $0
Total Liabilities$30,255$2,448,780▲ $2,418,525
Net Assets / Fund Balance
Unrestricted Net Assets$6,942,343$6,962,139▲ $19,796
Temporarily Rstr Net Assets$173,375$266,425▲ $93,050
Total Net Assets Fund Balance$7,115,718$7,228,564▲ $112,846
Total Liabilities and Net Assets / Fund Balance$7,145,973$9,677,344▲ $2,531,371

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,122,783$500,895$5,623,678
Land$555,328-$555,328
Equipment$147,602$74,027$221,629
Other Assets Org$745,287--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Elgin ConnerPresident
Mel GierhartVice President
Jody RoseMember
Tushar BhaktaMember
Sham MyattSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$749,584
Investment Income
$18,757
Other Revenue
$301,116
Change in Net Assets
$112,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$956,611
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$118,988--$118,988
All Other Expenses$98,014--$98,014
Other Expenses$25,543--$25,543
Advertising$14,509--$14,509
Office Expenses$1,610--$1,610
Total Functional Expenses$956,611$0$0$956,611
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Directors are provided a copy of the completed form 990 at the directors meeting following completion of the form 990 but before filing of the form with the internal revenue service.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“As new board members are appointed or employees hired screening is done for any conflicts of interest issues”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Board of directors establishes compensation packages.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents and financial statements are available upon request at the administrative offices of the city of levelland, texas”

Filing and Contact Details

Filer

Filer Name
Levelland Economic Development Corp
EIN
75-2442331
Phone
8068940113
Address
P O BOX 1010, LEVELLAND, TX 79336

Signing Officer

Name
Elgin Conner
Title
President
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Pate Downs & Pinkerton LLP
Address
PO Box 1255, Levelland, TX 79336
Preparer
Keith Downs
Phone
8068948568
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“ALL OTHER EXPENSES: Column (A) - Total = $907; Column (B) - Program Services = $907; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“BOND & FILING FEES: Column (A) - Total = $325; Column (B) - Program Services = $325; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“COLLECTION FEES: Column (A) - Total = $14986; Column (B) - Program Services = $14986; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“COMMUNICATIONS: Column (A) - Total = $1021; Column (B) - Program Services = $1021; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“DUES & SUBSCRIPTIONS: Column (A) - Total = $15871; Column (B) - Program Services = $15871; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“INFRASTRUCTURE IMPROVEMENTS: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“INSURANCE: Column (A) - Total = $94; Column (B) - Program Services = $94; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“INTEREST: Column (A) - Total = $11503; Column (B) - Program Services = $11503; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MINOR TOOLS: Column (A) - Total = $2371; Column (B) - Program Services = $2371; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MISC PROJECTS: Column (A) - Total = $13490; Column (B) - Program Services = $13490; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“RAIL PARK MAINTENANCE: Column (A) - Total = $13294; Column (B) - Program Services = $13294; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“RAIL ROAD MAINTENANCE: Column (A) - Total = $24072; Column (B) - Program Services = $24072; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“TRAINING: Column (A) - Total = $80; Column (B) - Program Services = $80; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Raw XML Appendix395 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/TotalAmt259000
IRS990/OtherExpensesGrp/TotalAmt325543
IRS990/OtherLiabilitiesGrp/BOYAmt01
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueMiscGrp/Desc0ACCESS & MAINTENANCE FEES
IRS990/OtherRevenueMiscGrp/Desc1LOCAL CONTRIBUTION
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0161310
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt17250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0161310
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17250
IRS990/OtherRevenueTotalAmt0168560
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt070000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0516749
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024635
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023490
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SALES TAX
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0749584
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0749584
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05800
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0832487
IRS990/PYOtherRevenueAmt0820616
IRS990/PYProgramServiceRevenueAmt0724178
IRS990/PYRevenuesLessExpensesAmt0718107
IRS990/PYTotalExpensesAmt0832487
IRS990/PYTotalRevenueAmt01550594
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0112846
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0132556
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01051683
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02505748
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0147602
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074027
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0221629
IRS990ScheduleD/LandGrp/BookValueAmt0555328
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0555328
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0745287
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05122783
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0500895
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05623678
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05825713
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0745287
IRS990ScheduleD/TotalLiabilityAmt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTORS ARE PROVIDED A COPY OF THE COMPLETED FORM 990 AT THE DIRECTORS MEETING FOLLOWING COMPLETION OF THE FORM 990 BUT BEFORE FILING OF THE FORM WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS NEW BOARD MEMBERS ARE APPOINTED OR EMPLOYEES HIRED SCREENING IS DONE FOR ANY CONFLICTS OF INTEREST ISSUES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS ESTABLISHES COMPENSATION PACKAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ADMINISTRATIVE OFFICES OF THE CITY OF LEVELLAND, TEXAS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL OTHER EXPENSES: Column (A) - Total = $907; Column (B) - Program Services = $907; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOND & FILING FEES: Column (A) - Total = $325; Column (B) - Program Services = $325; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COLLECTION FEES: Column (A) - Total = $14986; Column (B) - Program Services = $14986; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMMUNICATIONS: Column (A) - Total = $1021; Column (B) - Program Services = $1021; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DUES & SUBSCRIPTIONS: Column (A) - Total = $15871; Column (B) - Program Services = $15871; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INFRASTRUCTURE IMPROVEMENTS: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10INSURANCE: Column (A) - Total = $94; Column (B) - Program Services = $94; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INTEREST: Column (A) - Total = $11503; Column (B) - Program Services = $11503; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MINOR TOOLS: Column (A) - Total = $2371; Column (B) - Program Services = $2371; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MISC PROJECTS: Column (A) - Total = $13490; Column (B) - Program Services = $13490; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14RAIL PARK MAINTENANCE: Column (A) - Total = $13294; Column (B) - Program Services = $13294; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15RAIL ROAD MAINTENANCE: Column (A) - Total = $24072; Column (B) - Program Services = $24072; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16TRAINING: Column (A) - Total = $80; Column (B) - Program Services = $80; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt01835000
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0173375
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0266425
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07145973
IRS990/TotalAssetsEOYAmt09677344
IRS990/TotalAssetsGrp/BOYAmt07145973
IRS990/TotalAssetsGrp/EOYAmt09677344
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0956611
IRS990/TotalFunctionalExpensesGrp/TotalAmt0956611
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030255
IRS990/TotalLiabilitiesEOYAmt02448780
IRS990/TotalLiabilitiesGrp/BOYAmt030255
IRS990/TotalLiabilitiesGrp/EOYAmt02448780
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07115718
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07228564
IRS990/TotalProgramServiceExpensesAmt0861761
IRS990/TotalProgramServiceRevenueAmt0749584
IRS990/TotalRevenueGrp/ExclusionAmt018757
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01050700
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01069457
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07145973
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09677344
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06942343
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06962139
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELGIN CONNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEVELLAND ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0LEVE
ReturnHeader/Filer/EIN0752442331
ReturnHeader/Filer/PhoneNum08068940113
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1010
ReturnHeader/Filer/USAddress/CityNm0LEVELLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079336
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pate Downs & Pinkerton LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1255
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Levelland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079336
ReturnHeader/PreparerPersonGrp/PhoneNum08068948568
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Keith Downs
ReturnHeader/ReturnTs02016-05-12T09:12:17-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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