Nonprofit · EIN 75-0755090
LUBBOCK COTTON EXCHANGE
Tax-exempt · LUBBOCK, TX 79401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2026 | 990-EZ | $84,193 | $62,866 | $21,327 | $368,864 | $120 | $368,744 |
| February 28, 2025 | 990-EZ | $89,239 | $67,081 | $22,158 | $347,599 | $183 | $347,416 |
| February 29, 2024 | 990-EZ | $85,280 | $59,807 | $25,473 | $325,809 | $226 | $325,583 |
Financial details: 990-EZ for the year ended February 28, 2026
Revenue
- Membership dues
- $10,305
- Program service revenue
- $29,601
- Investment income
- $45,894
- Net income from fundraising events
- -$1,607
Expenses
- Compensation of officers, directors and key employees
- $26,000
- Salaries, compensation and benefits (total)
- $28,084
- Professional fees and payments to contractors
- $1,125
- Other expenses
- $33,657
Balance sheet and other
- Total assets, start of year
- $347,599
- Total assets, end of year
- $368,864
- Total liabilities, end of year
- $120
- Net assets, end of year
- $368,744
- Cash, savings and investments
- $368,864
- Gross receipts
- $104,379
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-EZ for the year ended February 28, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| URSULA CASWELL | Secretary/Treas | 25 | $26,000 |
| BLAKE LORENZ | Director | 0 | $0 |
| BRYCE MIKESKA | President | 0 | $0 |
| ALAN VINSON | Director | 0 | $0 |
| TAMMI CHOCK | Vice President | 0 | $0 |
| DARREN NEWTON | Director | 0 | $0 |
| SHAWN CANALE | Director | 0 | $0 |
| JOSHUA BURRIS | Director | 0 | $0 |
990-EZ for the year ended February 28, 2025: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| URSULA CASWELL | Secretary/Treas | 25 | $22,000 |
| BLAKE LORENZ | President | 0 | $0 |
| BRYCE MIKESKA | Vice President | 0 | $0 |
| ALAN VINSON | Director | 0 | $0 |
| JOHN ALDINGER | Director | 0 | $0 |
| DARREN NEWTON | Director | 0 | $0 |
| ELLEN BATCHELDER | President | 0 | $0 |
990-EZ for the year ended February 29, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| URSULA CASWELL | Secretary/Treas | 25 | $24,000 |
| SHAWN CANALE | Director | 0 | $0 |
| FRAN JACKSON | PAST PRESIDENT | 0 | $0 |
| BARRY EZRA | Director | 0 | $0 |
| JOHN ALDINGER | Director | 0 | $0 |
| MIKE CANALE | Director | 0 | $0 |
| ELLEN BATCHELDER | President | 0 | $0 |
| BRYCE MIKESKA | Director | 0 | $0 |
| BLAKE LORENZ | Vice President | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1515 TEXAS AVE STE 208, LUBBOCK, TX 79401-5147
- Signed the 990-EZ
- URSULA CASWELL, Secretary/Treas
- Return prepared by
- D Williams & Co Inc
Mission
THE PURPOSE FOR WHICH IT IS FORMED IS TO MAINTAIN A COTTON EXCHANGE WITH POWERS TO PROVIDE AND MAINTAIN SUITABLE ROOMS FOR THE CONDUCT OF THEIR BUSINESS, AND TO ESTABLISH AND MAINTAIN UNIFORMITY IN COMMERCIAL USAGES IN CITIES AND TOWNS; TO ACQUIRE, PRESERVE, AND DISSEMINATE VALUABLE BUSINESS INFORMATION; TO ADOPT RULES, REGULATIONS AND STANDARDS OF CLASSIFICATION WHICH SHALL GOVERN ALL TRANSACTIONS CONNECTED WITH THE COTTON TRADE AND WITH OTHER COMMODITIES WHERE STANDARDS AND CLASSIFICATIONS ARE REQUIRED; AND GENERALLY TO PROMOTE THE INTEREST OF TRADE AND INCREASE THE FACILITIES OF COMMERCIAL TRANSACTIONS, IN ACCORDANCE WITH SUBDIVISION 53 OF ART. 1302. THIS CORPORATION IS NOT ORGANIZED FOR PROFIT AND SHALL HAVE NO CAPITAL STOCK AND NO PART OF THE NET EARNINGS, IF ANY, SHALL ENURE TO THE BENEFIT OF ANY MEMBER THEREOF.
Program accomplishments
- PROVIDE TRAINING AND EDUCATION THROUGH THE SPONSORSHIP OF AN ANNUAL SCHOOL TO TRAIN INDIVIDUALS ABOUT THE WORLD-WIDE COTTON INDUSTRY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | 990-EZ on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990-EZ on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 75-0755090
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1949
- Accounting year ends
- February
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $368,864
- Income (IRS master file)
- $104,379
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | February 2026 | $84,193 | $62,866 | $368,864 | XML |
| 990-EZ | February 2025 | $89,239 | $67,081 | $347,599 | XML |
| 990-EZ | February 2024 | $85,280 | $59,807 | $325,809 | XML |
| 990-EZ | February 2023 | – | – | – | IRS |
| 990-EZ | February 2022 | – | – | – | 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 75-0755090).
Questions about LUBBOCK COTTON EXCHANGE
- What is the EIN of LUBBOCK COTTON EXCHANGE?
- The employer identification number (EIN) of LUBBOCK COTTON EXCHANGE is 75-0755090.
- Is LUBBOCK COTTON EXCHANGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1949.
- Are donations to LUBBOCK COTTON EXCHANGE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LUBBOCK COTTON EXCHANGE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LUBBOCK COTTON EXCHANGE due?
- The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LUBBOCK COTTON EXCHANGE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended February 2026.
- Who are the officers and directors of LUBBOCK COTTON EXCHANGE?
- The 990-EZ for the year ended February 28, 2026 lists 8 people; 1 received compensation from the organization, the highest $26,000 (URSULA CASWELL, Secretary/Treas).
- How much revenue does LUBBOCK COTTON EXCHANGE have?
- On its 990-EZ for the year ended February 28, 2026 it reported revenue of $84,193, expenses of $62,866 and total assets of $368,864 at year end.
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