Nonprofit · EIN 20-5067883
LMC FOUNDATION
Tax-exempt (reinstated) · GROESBECK, TX 76642
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $209,931 | $113,456 | $96,475 | $1,818,381 | $0 | $1,818,381 |
| September 30, 2024 | 990-PF | $167,658 | $120,803 | $46,855 | $1,721,906 | $0 | $1,721,906 |
| September 30, 2023 | 990-PF | $115,874 | $89,454 | $26,420 | $1,675,051 | $0 | $1,675,051 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $571
- Dividends
- $47,788
- Interest
- $2,669
- Net gain from sales of assets
- $152,023
- Other income
- $6,880
Expenses
- Grants and similar amounts paid
- $109,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $109,500
- Excise tax on investment income
- $2,814
Balance sheet and other
- Total assets, start of year
- $1,721,906
- Total assets, end of year
- $1,818,381
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,818,381
- Fair market value of assets
- $2,397,780
- Qualifying distributions
- $109,500
- Net investment income
- $202,480
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-PF for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON FREDRIKSSON 1189 HWY 164, GROESBECK, TX 76642 | PRESIDENT | 2 | $0 |
| MARY RAND 124 ROCKY CREEK AVE, GROESBECK, TX 76642 | VICE PRESIDENT | 1 | $0 |
| KARON GOLDEN 612 E YEAGUA, GROESBECK, TX 76642 | SECRETARY | 1 | $0 |
| DONALD ALTLAND 517 LCR 404, GROESBECK, TX 76642 | TREASURER | 2 | $0 |
| JASON MILSTEAD 695 LCR 703, KOSSE, TX 76653 | DIRECTOR | 1 | $0 |
| LEA HARDISON 103 LESIE, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| CLIFTON FOX 775 LCR 786, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| MELISSA ARNEY 1914 N STATE HWY 14, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| NATHANIEL BEDFORD 504 S LEON, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
990-PF for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON FREDRIKSSON 1189 HWY 164, GROESBECK, TX 76642 | PRESIDENT | 2 | $0 |
| MARY RAND 124 ROCKY CREEK AVE, GROESBECK, TX 76642 | VICE PRESIDENT | 1 | $0 |
| KARON GOLDEN 612 E YEAGUA, GROESBECK, TX 76642 | SECRETARY | 1 | $0 |
| DONALD ALTLAND 517 LCR 404, GROESBECK, TX 76642 | TREASURER | 2 | $0 |
| SUSIE ALTLAND 517 LCR 404, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| LEA HARDISON 103 LESIE, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| CLIFTON FOX 775 LCR 786, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| MELISSA ARNEY 1914 N STATE HWY 14, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| NATHANIEL BEDFORD 504 S LEON, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
990-PF for the year ended September 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON FREDRIKSSON 1189 HWY 164, GROESBECK, TX 76642 | PRESIDENT | 2 | $0 |
| SUSIE ALTLAND 517 LCR 404, GROESBECK, TX 76642 | VICE PRESIDENT | 1 | $0 |
| KARON GOLDEN 593 LCR 404, GROESBECK, TX 76642 | SECRETARY | 1 | $0 |
| DONALD ALTLAND 517 LCR 404, GROESBECK, TX 76642 | TREASURER | 2 | $0 |
| MARY RAND 124 ROCKY CREEK AVE, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| BRANDY AGNEW 207 MAN O WAR, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| CLIFTON FOX 775 LCR 786, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| MARTHA STONE 103 MEADOW LANE, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
| NATHANIEL BEDFORD 504 S LEON, GROESBECK, TX 76642 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 474, GROESBECK, TX 76642-0474
- In care of
- % PAMELA SODD
- Mailing address (990-N for 2012)
- P O Box 474, Groesbeck TX 76642
- Principal officer (990-N for 2012)
- Pamela Sodd, 286 LCR 626, Groesbeck TX 76642
- Signed the 990-PF
- DONALD ALTLAND, TREASURER
- Phone
- (254) 729-3281
- Return prepared by
- PATTILLO BROWN & HILL LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990-PF on file |
IRS record
- EIN
- 20-5067883
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2014
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $1,818,381
- Income (IRS master file)
- $277,226
Revocation and reinstatement
- Exemption revoked
- February 15, 2011
- Posted by the IRS
- October 7, 2011
- Reinstated
- Effective February 15, 2011
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $209,931 | $113,456 | $1,818,381 | XML |
| 990-PF | September 2024 | $167,658 | $120,803 | $1,721,906 | XML |
| 990-PF | September 2023 | $115,874 | $89,454 | $1,675,051 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 2019 | – | – | – | IRS |
| 990-PF | September 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Pamela Sodd | September 30, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about LMC FOUNDATION
- What is the EIN of LMC FOUNDATION?
- The employer identification number (EIN) of LMC FOUNDATION is 20-5067883.
- Is LMC FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on February 15, 2011 and reinstated it effective February 15, 2011.
- Are donations to LMC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LMC FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LMC FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LMC FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who is the principal officer of LMC FOUNDATION?
- The 990-N for 2012 names Pamela Sodd.
- Who are the officers and directors of LMC FOUNDATION?
- The 990-PF for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does LMC FOUNDATION have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $209,931, expenses of $113,456 and total assets of $1,818,381 at year end.
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