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Lampasas Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742934571 ✦ Lampasas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Lampasas Economic Development Corporation?

The Lampasas Economic Development Corporation is a nonprofit organization situated in Lampasas, Texas. Its primary mission is to foster economic growth within the city and the state, aiming to eradicate unemployment and underemployment. To achieve this goal, they actively promote and encourage employment opportunities, working tirelessly for the public welfare of the city. Their activities are focused on driving economic development within Lampasas.


Official website here: www.lampasasedc.com

Is Lampasas Economic Development Corporation legitimate?

Lampasas Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lampasas Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lampasasedc.com

What is the mission statement of Lampasas Economic Development Corporation?

The Lampasas Economic Development Corporation's mission is centered around promoting economic development within a broader context. Their primary objective is to eliminate unemployment and underemployment within the specified region. To achieve this, they actively encourage employment opportunities and work towards enhancing the public welfare. Their activities are geared towards fostering a thriving economic environment, ultimately benefiting the community as a whole.


Official website here: www.lampasasedc.com

Who is the CEO of Lampasas Economic Development Corporation?

Misti Talbert is the President of Lampasas Economic Development Corporation.


Official website here: www.lampasasedc.com

What is the revenue of Lampasas Economic Development Corporation?

Lampasas Economic Development Corporation's revenue in 2022 was $474,613.


Official website here: www.lampasasedc.com

Who are the executives of Lampasas Economic Development Corporation and what are their salaries?


Here are 8 key members and their salaries:


Misti Talbert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Schaub (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hudson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
T J Monroe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fin Erwin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sid Ball (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Shahan (Member, Ex Officio Lisd)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Carroll (Ex-Officio County)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lampasasedc.com

Where can I find the form 990 for Lampasas Economic Development Corporation?

Lampasas Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lampasasedc.com

Learn more at the official website: www.lampasasedc.com

Mission Statement of Lampasas Economic Development Corporation

Lampasas Economic Development Corporation, as a dedicated organization, is committed to promoting economic development within both the city and the state. Their primary goal is to address the issues of unemployment and underemployment, aiming to eliminate these challenges and improve the overall employment scenario. In addition, Lampasas Economic Development Corporation seeks to encourage employment and enhance the public welfare of the city, working tirelessly for the betterment of its community.

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Impact




October, 2024

The Lampasas Economic Development Corporation plays a vital role in fostering economic growth within the city of Lampasas, Texas. Its primary mission is to promote economic development initiatives that address and mitigate issues of unemployment and underemployment amongst the local population. By actively supporting various employment opportunities, the organization enhances the overall public welfare and quality of life for residents.

Through targeted strategies and collaborations, the corporation encourages investment in Lampasas, contributing to the creation of jobs and development of essential services. By prioritizing economic growth, the organization also has the potential to improve recreational facilities and community amenities, further enriching the local lifestyle and ensuring that the city remains an attractive place for both businesses and residents. Overall, the Lampasas Economic Development Corporation is instrumental in driving sustainable economic progress and bolstering the community’s well-being.




This information is meant to be a general summary of Lampasas Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$474,613 (2022)
Expenses
$241,107 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,738
  • Gross Receipts: $474,613

Assets and Liabilities:

  • Total Assets: $5,287,121
  • Total Liabilities: $3,447,792
  • Net Assets: $1,839,329

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Organization Details

Founding Year

1998

Principal Officer

Misti Talbert

Main Address

312 E THIRD STREET, LAMPASAS, TX, 76550

NTEE Category

Code: N20 - Recreation

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