A versatile lighting fixture has an elongated, vertical channel member with back and opposing side walls forming a vertical passageway. A baffle member is located within passageway and extends the length of the channel member. The baffle member has an upper support member which is fixedly attached to a gimbal LED module located within the channel member. The module has wiring which extends through the passageway. A lighting fixture mount is located at the bottom of the channel. The gimbal LED module has a top trim plate member with an opening and a series of drainage grooves extending downward from the opening. When the LED lamp faces upward in the lighting fixture, water accumulating on and around the trim plate member is drained away from the module through the drainage grooves.