Fiscal year ending 2023. Filed on July 17, 2023.
1515 Texas Avenue 208
Lubbock, Texas 79401
Lubbock Cotton Exchange (EIN: 75-0755090) has filed an IRS Form 990 since fiscal year 2022. In its fiscal year 2023 IRS Form 990 filing, Lubbock Cotton Exchange, a 501(c)(6) business league, reported compensation for 8 employees. Among the employees shown here, the average compensation is $24,000. The highest compensated employee at Lubbock Cotton Exchange is Ursula Caswell with fiscal year 2023 compensation of $24,000.
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Employee compensation
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.
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