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Lexington County Development Corporation

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$151k (2024)

Expenses
$112k (2024)

Total Assets
$736k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$150,965
Expenses
$112,444
Net Income
$38,521
Net Assets
$735,596
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,689
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$10,224
Net Fundraising $157,500
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $735,596
Total Liabilities $0
Net Assets $735,596
Compensation
Key Employees and Officers Compensation Related Other
Kevin Adams (Vice Chair) $0 $0 $0
Blake Dowd (Treasurer) $0 $0 $0
Morgan Harrell (Secretary) $0 $0 $0
Richard Jackson (Board Member) $0 $0 $0
Doug Clary Jr (Board Member) $0 $0 $0
Greg Little (Board Member) $0 $0 $0
Elise Partin (Board Member) $0 $0 $0
Matt Porth (Board Member) $0 $0 $0
Eddie Richardson (President) $0 $0 $0
Akil Ross (Board Member) $0 $0 $0
Nikki Setzler (Board Member) $0 $0 $0
Roger Sipe (Board Member) $0 $0 $0
Ben Spearman (Chairman) $0 $0 $0
Mike Taylor (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$138,997
Expenses
$178,324
Net Income
-$39,327
Net Assets
$697,073
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,200
36.8%
Program Services $0
Investment Income $434
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$15,637
Net Fundraising $103,000
74.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $697,073
Total Liabilities $0
Net Assets $697,073
Compensation
Key Employees and Officers Compensation Related Other
Kevin Adams (Board Member) $0 $0 $0
Blake Dowd (Treasurer) $0 $0 $0
Morgan Harrell (Secretary) $0 $0 $0
Richard Jackson (Board Member) $0 $0 $0
Doug Clary Jr (Board Member) $0 $0 $0
Elise Partin (Board Member) $0 $0 $0
Matt Porth (Board Member) $0 $0 $0
Ron Rhames (Vice Chair) $0 $0 $0
Eddie Richardson (President) $0 $0 $0
Akil Ross (Board Member) $0 $0 $0
Nikki Setzler (Board Member) $0 $0 $0
Roger Sipe (Board Member) $0 $0 $0
Ben Spearman (Chairman) $0 $0 $0
Mike Taylor (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,005
Expenses
$25,632
Net Income
-$18,627
Net Assets
$736,400
Notable Sources of Revenue Percent of Total Revenue
Contributions $500
7.1%
Program Services $0
Investment Income $100
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$7,517
Net Fundraising $10,500
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,422
48.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $736,400
Total Liabilities $0
Net Assets $736,400
Compensation
Key Employees and Officers Compensation Related Other
Kevin Adams (Board Member) $0 $0 $0
Donald Burkett (Chair) $0 $0 $0
Blake Dowd (Board Member) $0 $0 $0
Morgan Harrell (Secretary) $0 $0 $0
Richard Jackson (Board Member) $0 $0 $0
Doug Clary Jr (Board Member) $0 $0 $0
Steve Macdougall (Board Member) $0 $0 $0
Elise Partin (Board Member) $0 $0 $0
Bob Paulling (Board Member) $0 $0 $0
Ron Rhames (Treasurer) $0 $0 $0
Eddie Richardson (President) $0 $0 $0
Akil Ross (Board Member) $0 $0 $0
Nikki Setzler (Board Member) $0 $0 $0
Roger Sipe (Board Member) $0 $0 $0
Ben Spearman (Vice Chair) $0 $0 $0
Mike Taylor (Board Member) $0 $0 $0
Charles Wingard (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$35,720
Expenses
$0
Net Income
-$35,720
Net Assets
$755,027
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $280
Bond Proceeds $0
Royalties $0
Rental Property Income -$48,393
Net Fundraising $10,138
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,255
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $755,027
Total Liabilities $0
Net Assets $755,027
Compensation
Key Employees and Officers Compensation Related Other
See Attached (Director) $0 $0 $0
Eddie Richardson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$234,412
Expenses
$64,519
Net Income
$169,893
Net Assets
$790,747
Notable Sources of Revenue Percent of Total Revenue
Contributions $500
0.2%
Program Services $0
Investment Income $1,884
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income -$59,499
Net Fundraising $119,810
51.1%
Sales of Assets $171,716
73.3%
Net Inventory Sales $0
Other Revenue $1
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $790,747
Total Liabilities $0
Net Assets $790,747

Document Links

Fiscal Year Ending Nov.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$69,769
Expenses
$83,702
Net Income
-$13,933
Net Assets
$620,853
Notable Sources of Revenue Percent of Total Revenue
Contributions $600
0.9%
Program Services $0
Investment Income $185
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$30,096
Net Fundraising $98,950
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $130
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $801,571
Total Liabilities $180,718
Net Assets $620,853

Document Links

Fiscal Year Ending Nov.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,785
Expenses
$69,231
Net Income
$1,554
Net Assets
$634,787
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,500
14.8%
Program Services $0
Investment Income $260
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$35,275
Net Fundraising $95,300
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $828,553
Total Liabilities $193,766
Net Assets $634,787

Document Links

Fiscal Year Ending Nov.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$180,895
Expenses
$139,130
Net Income
$41,765
Net Assets
$633,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,250
1.8%
Program Services $0
Investment Income $237
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income -$40,233
Net Fundraising $188,786
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $28,855
16.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $850,557
Total Liabilities $217,324
Net Assets $633,233

Document Links

Fiscal Year Ending Nov.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,242
Expenses
$58,580
Net Income
-$44,338
Net Assets
$591,468
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,100
42.8%
Program Services $0
Investment Income $107
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income -$108,674
Net Fundraising $115,948
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $761
5.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $824,498
Total Liabilities $233,030
Net Assets $591,468

Document Links

Fiscal Year Ending Nov.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,475
Expenses
$35,335
Net Income
-$14,860
Net Assets
$635,807
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,600
7.8%
Program Services $0
Investment Income $238
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income -$86,703
Net Fundraising $95,840
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,500
46.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $882,018
Total Liabilities $246,211
Net Assets $635,807

Document Links

Fiscal Year Ending Nov.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$101,359
Expenses
$35,692
Net Income
$65,667
Net Assets
$649,229
Notable Sources of Revenue Percent of Total Revenue
Contributions $250
0.2%
Program Services $0
Investment Income $277
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$237,223
Net Fundraising $120,280
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $217,775
> 100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $895,148
Total Liabilities $245,919
Net Assets $649,229

Document Links

Fiscal Year Ending Nov.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,032
Expenses
$62,316
Net Income
-$33,284
Net Assets
$583,562
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,100
34.8%
Program Services $0
Investment Income $378
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$93,744
Net Fundraising $107,500
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,798
16.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $835,613
Total Liabilities $252,051
Net Assets $583,562

Document Links

Fiscal Year Ending Nov.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,469
Expenses
$65,116
Net Income
-$4,647
Net Assets
$616,846
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $831
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$38,332
Net Fundraising $76,000
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $21,970
36.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $866,087
Total Liabilities $249,241
Net Assets $616,846

Document Links

Fiscal Year Ending Nov.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,898
Expenses
$49,793
Net Income
$8,105
Net Assets
$621,493
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $551
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$32,430
Net Fundraising $89,777
> 100%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $875,831
Total Liabilities $254,338
Net Assets $621,493

Document Links

Fiscal Year Ending Nov.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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