Overview

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Est.

1963

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

990s

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2025
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2024
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2023
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AI Summary

The Economic Development Corporation of Lea County (EIN: 85-0164863) is dedicated to promoting and marketing the assets of Lea County to attract capital investment, thereby fostering economic development in the region. With an operating budget of $1.6 million and total revenue of $1.9 million for the filing year 2025, the organization plays a crucial role in enhancing local economic opportunities. More information can be found on their website, www.edclc.org.

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Mission Statement

PROMOTING AND MARKETING ASSETS OF LEA COUNTY TO ATTRACT CAPITAL INVESTMENT

Cause Areas

1
Economic development
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Financials

2025
Revenues
$1.9M
Expenses
$1.6M
Net Income:
+$247.2K
Assets
$2.7M
Liabilities
$412.3K
Net Assets:
+$2.3M

Financial Trends

2025
Operating Budget
$1.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Board & Team

J
Jennifer Grassham
Board Member
J
John Paul Henderson
Board Member
T
Tina Tiffany
Board Member

Frequently Asked Questions

What is ECONOMIC DEVELOPMENT CORPORATION OF LEA COUNTY’s budget?
In 2025, ECONOMIC DEVELOPMENT CORPORATION OF LEA COUNTY reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does ECONOMIC DEVELOPMENT CORPORATION OF LEA COUNTY support?
ECONOMIC DEVELOPMENT CORPORATION OF LEA COUNTY supports work in Economic development.
Where does ECONOMIC DEVELOPMENT CORPORATION OF LEA COUNTY operate?
ECONOMIC DEVELOPMENT CORPORATION OF LEA COUNTY is headquartered in Hobbs, NM.
What is ECONOMIC DEVELOPMENT CORPORATION OF LEA COUNTY’s reliance on government grants?
ECONOMIC DEVELOPMENT CORPORATION OF LEA COUNTY relied on government grants for more than 5% of their total revenue in 2025.