Civic Intelligence

Lone Pine Economic Development Corporation and Trust

990 • Fiscal year 2024 • EIN 95-3661244

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 07, 2025

PO Box 1227Lone Pine, CA 93545

(760) 920-2178

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

3.42x

Higher debt load relative to assets than 98% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

3.67x

Higher debt load relative to revenue than 98% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

56th percentile

6.5%

Higher net margin than 56% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

2.5%

Faster asset growth than 52% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

42%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$464,466

Up $11,212 (+2.5%) from 2023

Net Assets

Up

-$1,125,977

Up $28,111 (+2.4%) from 2023

Liabilities

Down

$1,590,443

Down $16,899 (-1.1%) from 2023

Revenue

Up

$433,712

Up $129,098 (+42%) from 2023

Expenses

Up

$405,601

Up $91,388 (+29%) from 2023

Net Income

Up

$28,111

Up $37,710 (+393%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $1,043,147Liabilities 2011: $1,746,192Net Assets 2011: -$703,0452011Assets 2012: $976,493Liabilities 2012: $1,737,192Net Assets 2012: -$760,6992012Assets 2013: $936,489Liabilities 2013: $1,730,517Net Assets 2013: -$794,0282013Assets 2014: $869,831Liabilities 2014: $1,726,270Net Assets 2014: -$856,4392014Assets 2015: $811,452Liabilities 2015: $1,714,770Net Assets 2015: -$903,3182015Assets 2016: $725,381Liabilities 2016: $1,703,933Net Assets 2016: -$978,5522016Assets 2017: $670,209Liabilities 2017: $1,692,878Net Assets 2017: -$1,022,6692017Assets 2018: $624,625Liabilities 2018: $1,683,363Net Assets 2018: -$1,058,7382018Assets 2019: $601,186Liabilities 2019: $1,678,557Net Assets 2019: -$1,077,3712019Assets 2020: $589,898Liabilities 2020: $1,678,505Net Assets 2020: -$1,088,6072020Assets 2021: $563,878Liabilities 2021: $1,674,683Net Assets 2021: -$1,110,8052021Assets 2022: $507,488Liabilities 2022: $1,651,977Net Assets 2022: -$1,144,4892022Assets 2023: $453,254Liabilities 2023: $1,607,342Net Assets 2023: -$1,154,0882023Assets 2024: $464,466Liabilities 2024: $1,590,443Net Assets 2024: -$1,125,9772024

Highlighted filing

2024

Assets$464,466
Liabilities$1,590,443
Net Assets-$1,125,977

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $229,228Expenses 2011: $280,679Net Income 2011: -$51,4512011Revenue 2012: $239,274Expenses 2012: $296,928Net Income 2012: -$57,6542012Revenue 2013: $239,485Expenses 2013: $263,338Net Income 2013: -$23,8532013Revenue 2014: $243,458Expenses 2014: $305,869Net Income 2014: -$62,4112014Revenue 2015: $221,474Expenses 2015: $268,353Net Income 2015: -$46,8792015Revenue 2016: $236,394Expenses 2016: $311,628Net Income 2016: -$75,2342016Revenue 2017: $246,356Expenses 2017: $290,473Net Income 2017: -$44,1172017Revenue 2018: $257,841Expenses 2018: $293,910Net Income 2018: -$36,0692018Revenue 2019: $264,961Expenses 2019: $283,594Net Income 2019: -$18,6332019Revenue 2020: $279,703Expenses 2020: $290,939Net Income 2020: -$11,2362020Revenue 2021: $279,081Expenses 2021: $301,279Net Income 2021: -$22,1982021Revenue 2022: $297,303Expenses 2022: $330,987Net Income 2022: -$33,6842022Revenue 2023: $304,614Expenses 2023: $314,213Net Income 2023: -$9,5992023Revenue 2024: $433,712Expenses 2024: $405,601Net Income 2024: $28,1112024

Highlighted filing

2024

Revenue$433,712
Expenses$405,601
Net Income$28,111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$433,712
Mission and Program Overview

Mission

Provide affordable housing to low income families in Inyo County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$159,175$207,195▲ $48,020
Land, Buildings, and Equipment, Net$186,162$150,999▼ $35,163
Prepaid Expenses and Deferred Charges$19,251$41,377▲ $22,126
Cash and Non-Interest-Bearing Accounts$60,647$37,284▼ $23,363
Accounts Receivable$4,286$2,878▼ $1,408
Other Notes and Loans Receivable, Net-$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$453,254$464,466▲ $11,212
Other Assets Total$23,733$24,733▲ $1,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,581,912$1,566,209▼ $15,703
Other Liabilities$20,490$24,212▲ $3,722
Accounts Payable and Accrued Expenses$4,919$22▼ $4,897
Deferred Revenue$21--
Total Liabilities$1,607,342$1,590,443▼ $16,899
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,154,088$-1,125,977▲ $28,111
Total Net Assets Fund Balance$-1,154,088$-1,125,977▲ $28,111
Total Liabilities and Net Assets / Fund Balance$453,254$464,466▲ $11,212

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$50,019$1,267,457$1,317,476
Leasehold Improvements-$331,771$331,771
Equipment-$141,771$141,771
Land$100,980-$100,980
Other Assets Org$24,733--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ed NiehausPresident
Charles JamesTrustee
Doug ThompsonCEO
Beth NiehausSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$432,566
Investment Income
$1,146
Other Revenue
$0
Change in Net Assets
$28,111

Audited Revenue Reconciliation

Revenue per Audited Statements
$433,712
Total Revenue per Audited Statements
$433,712
Total Revenue per Form 990
$433,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$360,904
Salaries, Compensation, and Employee Benefits$44,697
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$121,419--$121,419
Other Salaries and Wages$39,232--$39,232
Fees for Services Management$31,160--$31,160
Insurance$28,598--$28,598
Occupancy$25,660--$25,660
Fees for Services Legal$13,151--$13,151
Fees for Services Accounting$7,000--$7,000
All Other Expenses$6,296--$6,296
Travel$5,852--$5,852
Payroll Taxes$5,465--$5,465
Other Expenses$4,738--$4,738
Office Expenses$1,583--$1,583
Advertising$535--$535
Total Functional Expenses$405,601$0$0$405,601

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$405,601
Total Expenses per Audited Statements$405,601
Total Expenses per Form 990$405,601
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
Security Deposit Payable$24,212
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

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

Reviewed by ceo and secretary prior to filing.

Form 990, Part VI, Line 19 - Other Organization Documents Publicly Ava

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Lone Pine Economic Development
EIN
95-3661244
Phone
7609202178
Address
PO BOX 1227, LONE PINE, CA 93545

Signing Officer

Name
Doug Thompson
Title
CEO
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Thompson
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Propp Christensen Caniglia Llp
Address
9261 Sierra College Boulevard, Roseville, CA 95661
Preparer
K Jeffrey De Lyser CPA
Phone
9167512900
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The accounting standard on accounting for uncertainty in income taxes addresses thedetermination of whether tax benefits claimed or expected to be claimed on a taxreturn should be recorded in the financial statements. Under that guidance, thecorporation may recognizethe tax benefit from an uncertain tax position only if it is more likely than notthat the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include thetax-exempt status of the corporation and various positions related to the potentialsources of unrelated business taxable income (ubti). The tax benefits recognized inthe financial statements from such a position are measured based on the largestbenefit that has a greater than 50 percent likelihood of being realized uponultimate settlement. There were no unrecognized tax benefits identified or recordedas liabilities for the years ending december 31, 2024 and 2023.

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IRS990/PYTotalExpensesAmt0314213
IRS990/PYTotalRevenueAmt0304614
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0159175
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0207195
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0731
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0307
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02359
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00.00150
IRS990ScheduleA/InvestmentIncomePYPct00.00100
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IRS990ScheduleA/PublicSupportCY509Pct00.99850
IRS990ScheduleA/PublicSupportPY509Pct00.99900
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0432566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0303883
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0278975
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IRS990ScheduleA/Total509Grp/TotalAmt01592054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0433712
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0304614
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01594413
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt050019
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01267457
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01317476
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0141771
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0141771
IRS990ScheduleD/ExpensesSubtotalAmt0405601
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IRS990ScheduleD/LandGrp/BookValueAmt0100980
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100980
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0331771
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0331771
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt024733
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024212
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT PAYABLE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THEDETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAXRETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THECORPORATION MAY RECOGNIZETHE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOTTHAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THETAX-EXEMPT STATUS OF THE CORPORATION AND VARIOUS POSITIONS RELATED TO THE POTENTIALSOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED INTHE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGESTBENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPONULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDEDAS LIABILITIES FOR THE YEARS ENDING DECEMBER 31, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt024733
IRS990ScheduleD/TotalExpensesPerForm990Amt0405601
IRS990ScheduleD/TotalLiabilityAmt024212
IRS990ScheduleD/TotalRevenuePerForm990Amt0433712
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0433712
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY CEO AND SECRETARY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVA
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IRS990/TotalAssetsGrp/EOYAmt0464466
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IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0405601
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt01590443
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IRS990/TotalLiabilitiesGrp/EOYAmt01590443
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1154088
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1125977
IRS990/TotalProgramServiceExpensesAmt0405601
IRS990/TotalProgramServiceRevenueAmt0432566
IRS990/TotalRevenueGrp/ExclusionAmt01146
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0432566
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0433712
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0453254
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0464466
IRS990/TravelGrp/ProgramServicesAmt05852
IRS990/TravelGrp/TotalAmt05852
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IRS990/USAddress/AddressLine1Txt0PO BOX 1227
IRS990/USAddress/CityNm0LONE PINE
IRS990/USAddress/StateAbbreviationCd0CA
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.46$1.59$1.13$0.43$0.41$0.03
2023Summary only. Only limited summary data is available for this year.$0.45$1.61$1.15$0.30$0.31$0.01
2022Summary only. Only limited summary data is available for this year.$0.51$1.65$1.14$0.30$0.33$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$1.67$1.11$0.28$0.30$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$1.68$1.09$0.28$0.29$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$1.68$1.08$0.26$0.28$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$1.68$1.06$0.26$0.29$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$1.69$1.02$0.25$0.29$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$1.70$0.98$0.24$0.31$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$1.71$0.90$0.22$0.27$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.87$1.73$0.86$0.24$0.31$0.06
2013Summary only. Only limited summary data is available for this year.$0.94$1.73$0.79$0.24$0.26$0.02
2012Summary only. Only limited summary data is available for this year.$0.98$1.74$0.76$0.24$0.30$0.06
2011Summary only. Only limited summary data is available for this year.$1.04$1.75$0.70$0.23$0.28$0.05