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Economic Development Corporation

Economic Development Corporation is a business league organization in Hobbs, New Mexico. Its tax id (EIN) is 85-0164863. It was granted tax-exempt status by IRS in July, 1964. For detailed information such as income and other financial data of Economic Development Corporation, refer to the following table.


Profile of Economic Development Corporation

Organization Name Economic Development Corporation
Tax Id (EIN)85-0164863
Address 200 E Broadway Ste A201, Hobbs, NM 88240-8425
All tax-exempt organizations in zip code 88240
Tax PeriodAssetIncomeRevenue
June, 2013$700,198$1,003,028$1,003,028
June, 2014$854,926$982,827$982,827
June, 2015$947,005$1,021,542$1,021,542
June, 2016$963,096$955,566$955,566
June, 2017$1,020,520$1,403,000$1,403,000
June, 2018$823,881$908,427$908,427
June, 2019$788,312$1,115,367$1,115,367
June, 2020$729,710$1,031,367$1,031,367
June, 2021$1,111,066$1,260,846$1,260,846
June, 2022$2,601,725$1,340,620$1,340,620
June, 2023$1,840,220$1,780,845$1,766,110
June, 2024$3,921,749$1,554,450$1,554,450
IRS Exempt Status Ruling Date July, 1964
Exempt Status Unconditional Exemption
Deductibility Contributions are not deductible
Organization's purposes,
activities, & operations
Endowment fund or financial services
Foundation Type All organizations except 501(c)(3)
Organization Type Corporation
Organization Classification Business League
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 (all other) or 990EZ return
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$1,000,000 to 4,999,999
Income Range Reported on Form 990$1,000,000 to 4,999,999
Accounting Period 06