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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 20-0951085

LEA COUNTY HOUSING INC

Tax-exempt (reinstated) · HOBBS, NM 88240

Financials

$11K$13K2024
Revenue Expenses · by fiscal year end
Financials of LEA COUNTY HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$11,204$12,631-$1,427$1,214,717$7,600$1,207,117
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$4,200
Program service revenue
$7,004
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,800
Occupancy
$4,200
Program services (functional)
$4,200
Management and general (functional)
$8,431

Balance sheet and other

Total assets, start of year
$1,214,440
Total assets, end of year
$1,214,717
Total liabilities, end of year
$7,600
Net assets, end of year
$1,207,117
Net assets without donor restrictions
$71,117
Net assets with donor restrictions
$1,136,000
Gross receipts
$11,204
Employees
0
State of legal domicile
NM

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
D HAYNESPRESIDENT
Trustee or director, Officer
1$0
W BELLVICEPRESIDENT
Trustee or director, Officer
1$0
D WALLTREASURER
Trustee or director, Officer
1$0
B CHOICESECRETARY
Trustee or director, Officer
1$0
J HERNANDEZMEMBER
Trustee or director
1$0
P SIMMSMEMBER
Trustee or director
1$0
R HAYNESMEMBER
Trustee or director
1$0
R HAYNESMEMBER
Trustee or director
1$0
L HILLMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
418 E ZIA DR, HOBBS, NM 88240-3429
In care of
% DICKIE WALL
Principal officer (990 for 2024)
DICKIE WALL, 1017 N TURNER, HOBBS, NM 88240
Signed the 990
DICKIE WALL, TREASURER
Phone
(575) 691-9637
Return prepared by
CHRISTOPHER L MORRIS CPA

Mission

TO INCREASE THE QUALITY, QUANITY AND AVAILABILITY OF AFFORDABLE HOUSING IN LEA COUNTY

990 for the year ended September 30, 2025

Program accomplishments

  • FIRST ACCOMPLISHMENT - ASSISTS WITH THE ADMINISTRATION OF THE MONTHLY PARK PLACE RESIDENT COUNCIL MEETING AND PROVIDES QUARTERLY FISCAL LIT- ERACY TRAINING TO PARK PLACE RESIDENTS TRAINING TO PARK PLACE RESIDENT AT PARK PLACE FOR AN ANNUAL FEE $5,000. SECOND ACCOMPLISHMENT - UNDER OUR NON-PROFIT BY-LAWS, LCHI PERFORMS SERVICES FOR THE COMMUNITY, ALL AT NO COST RESIDENCES. WE PROVIDE HOMEBUYER EDUCATION AND OPERATE THE FACEBOOK PAGE, ASSIST WITH THE IMPLEMENATION OF THE LEA COUNTY AFFORDABLE HOUSING PLANS, AND PROVIDE OTHER HOUSING SERVICES AS NECESSARY. THESE ITEMS ARE ACCOMPLISHED WITH FUNDING FROM THE LIHTC APARTMENT DEVELOPMENT FEES. THE LOW (CONTINUED BELOW)
    Expenses $4,200 · revenue $4,200
  • INCOME HOUSING APARTMENT PROJECT ARE DESCRIBED IN THE 3RD AND 4TH ACOMPLISHMENTS BELOW. FIRST-TIME HOME BUYER EDUCATION WAS PROVIDED EACH OCTOBER AND APRIL USING A NEIGHBORHOOD CERTIFIED HBE INSTRUCTOR. NO HOUSING COUNCELING SERVICES WERE PROVIDED. THIRD ACCOMPLISHMENT - CASA HERMOSA (PARK PLACE) LIHTC APARTMENT PROJECT - FOLLOWING RECEIPT OF TAX CREDITS FROM THE NM FINANCE AUTHOR- ITY, IN MAY 2012, PREDEVELOPMENT ACTIVITIES COMMENCED AND LCHI AND CHELSEA INVESTMENT COMPANY BECAME (.49% & .51%) CO-GENERAL MANAGEMENT ALONG WITH THE 99.9% TAX CREDIT INVESTMENT OWNER IN A NEW COMPANY CALLED MICHIGNA DRIVE, LLC. THE PROJECT FINANCING CLOSED DURING THE (CONTINUED BELOW)
  • LAST OF DECEMBER AND EARLY JANUARY 2013. APARTMENT CONSTRUCTION BEGAN IN FEBRAURY 2013 AND WAS COMPLETED MARCH 2014. THE APARTMENTS ARE OVER 98% OCCUPIED BY FAMILES IN THE 30%, 50% AND 60% INCOME LIMITS. LCHI RECEIVES A 10% DEVELOPMENT FEE PAYMENT FROM CHELSEA FOR PARK PLACE THAT IS PAID OUT OVER SEVERAL YEARS. FOURTH ACCOMPLISHMENT - CHELSEA INVESTMENTS ALSO REQUESTED LCHIT TO BE THE NON-PROFIT GENERAL PARTNER ON ANOTHER MFA TAX CREDIT PROJECT. A 58 UNIT AFFORDABLE HOUSING PROJECT CALLED PARKSIDE TERRACE WAS PURSUED IN JANUARY 2016 AND SELECTED FOR MFA LIHTC FUNDING. THE PROJECT WAS COMP- LETED IN EARLY 2018. 95% OF UNITS ARE RENTED TO 30%,50%& 60% INCOME (CONTINUED ON SCHEDULE 0)

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025Check at the IRS

File the 2025 990-N for LEA COUNTY HOUSING INC

Due February 16, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
20-0951085
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
September
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1,214,717
Income (IRS master file)
$11,204

Revocation and reinstatement

Exemption revoked
February 15, 2024
Posted by the IRS
May 15, 2024
Reinstated
Effective February 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$11,204$12,631$1,214,717XML
990September 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0951085).

Questions about LEA COUNTY HOUSING INC

What is the EIN of LEA COUNTY HOUSING INC?
The employer identification number (EIN) of LEA COUNTY HOUSING INC is 20-0951085.
Is LEA COUNTY HOUSING INC tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2024 and reinstated it effective February 15, 2024.
Are donations to LEA COUNTY HOUSING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEA COUNTY HOUSING INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LEA COUNTY HOUSING INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEA COUNTY HOUSING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LEA COUNTY HOUSING INC?
The 990 for the year ended September 30, 2025 names DICKIE WALL.
Who are the officers and directors of LEA COUNTY HOUSING INC?
The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does LEA COUNTY HOUSING INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $11,204, expenses of $12,631 and total assets of $1,214,717 at year end.

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