Public Charity

LITTLEFIELD ECONOMIC DEVELOPMENT CORP

Based in LITTLEFIELD, TX, LITTLEFIELD ECONOMIC DEVELOPMENT CORP operates as a Public Charity. The organization reported $870K in revenue, $445K in expenses, $2.1M in total assets for fiscal year 2023. Imperigo tracks 10 reported grants from this foundation totaling approximately $1.8M.

EIN: 752538151 LITTLEFIELD, TX Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2023
Total Revenue$870K
Total Expenses$445K
Total Assets$2.1M
Grants Given10
Grant Total$1.8M
Filing Years2019–2023

Mission

THE LITTLEFIELD EDC IS AN ECONOMIC DEVELOPMENT CORPORATION FUNDED THROUGH A SALES TAX COLLECTED BY THE STATE AND PAID TO THE CITY OF LITTLEFIELD. IT IS DESIGNED TO IMPROVE THE ECONOMIC ENVIRONMENT IN AND AROUND THE CITY BY INCENTIVIZING PRIVATE INDUSTRIES TO RELOCATE TO OR EXPAND THEIR OPERATIONS IN THE CITY, RESULTING IN INCREASED EMPLOYMENT. ALLEVIATING UNEMPLOYMENT AND UNDER-EMPLOYMENT IS LEDC'S PRIMARY CHARGE.

Sample Grants Given

CITY OF LITTLEFIELD
LITTLEFIELD, TX · 2022
BOND PAYMENT
$250,000
CITY OF LITTLEFIELD
LITTLEFIELD, TX · 2022
PROPERTY PURCHASES & T-HANGAR PROJE
$86,762
CITY OF LITTLEFIELD
LITTLEFIELD, TX · 2021
OASIS PROJECT - 2 WATER WELLS
$534,620
CITY OF LITTLEFIELD
LITTLEFIELD, TX · 2021
T-HANGAR PROJECT - AIRPORT HANGAR
$22,950
CITY OF LITTLEFIELD
LITTLEFIELD, TX · 2020
BOND PAYMENT
$250,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

Director Chase Bryant
Treasurer Gary Jones
Director Graham Henley
Vice President Lori Zinn
President Ronnie Rogers

Officer compensation and complete director data available with membership.

Top Grant Purposes

BOND PAYMENT
$1,050,000 4 grants
OASIS PROJECT - 2 WATER WELLS
$534,620 1 grant
PROPERTY PURCHASES & T-HANGAR PROJE
$86,762 1 grant
TX DOT RAMP GRANT MATCH
$73,421 2 grants
T-HANGAR PROJECT - AIRPORT HANGAR
$22,950 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $870K $445K $2.1M
2022 $860K $701K $1.7M
2021 $701K $433K $1.5M
2020 $672K $581K $1.3M
2019 $642K $399K $1.2M

Between 2019 and 2023, reported annual revenue grew from $642K to $870K (+36%), with total assets most recently reported at $2.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in TX.

TX

Full geographic grant map with state-by-state breakdown available with membership.

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