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Nonprofit · EIN 20-5267886

TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES

Tax-exempt · AUSTIN, TX 78767

Financials

$220K$220K2023$251K$232K2024
Revenue Expenses · by fiscal year end
Financials of TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$251,442$232,465$18,977$19,742$0$19,742
December 31, 2023990$220,401$220,094$307$765$0$765
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$251,442
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$180,000
Salaries, compensation and benefits (total)
$212,702
Professional fundraising fees
$0
Occupancy
$2,457
Travel
$8,549
Program services (functional)
$225,431
Management and general (functional)
$7,034

Balance sheet and other

Total assets, start of year
$765
Total assets, end of year
$19,742
Total liabilities, end of year
$0
Net assets, end of year
$19,742
Net assets without donor restrictions
$19,742
Gross receipts
$251,442
Employees
1
Volunteers
0
Year formed
2008
State of legal domicile
TX

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LARRY PETERSONKEY EMPLOYEE
Key employee
1$180,000
TRACEY LAQUEY PARKERCHAIR
Trustee or director
0$0
RUDY COLMENEROTREASURER
Trustee or director
0$0
MITCHELL JACOBSONVICE-CHAIR
Trustee or director
0$0
DAVID SMITHDIRECTOR
Trustee or director
0$0
TRACEY LAQUEY PARKERDIRECTOR
Trustee or director
0$0
JAMIE RHODESDIRECTOR
Trustee or director
0$0
HARRY FAIRDIRECTOR
Trustee or director
0$0
JOSE BECEIRODIRECTOR
Trustee or director
0$0
MIKE SEMMENSDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
LARRY PETERSONKEY EMPLOYEE
Key employee
1$158,661
TRACEY LAQUEY PARKERCHAIR
Trustee or director
0$0
RUDY COLMENEROTREASURER
Trustee or director
0$0
MITCHELL JACOBSONVICE-CHAIR
Trustee or director
0$0
DAVID SMITHDIRECTOR
Trustee or director
0$0
TRACEY LAQUEY PARKERDIRECTOR
Trustee or director
0$0
JAMIE RHODESDIRECTOR
Trustee or director
0$0
HARRY FAIRDIRECTOR
Trustee or director
0$0
JOSE BECEIRODIRECTOR
Trustee or director
0$0
MIKE SEMMENSDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
PO BOX 1845, AUSTIN, TX 78767-1845
In care of
% BILL STANBERRY
Principal officer (990 for 2024)
BILL STANBERRY, 515 CONGRESS AVE STE 1510, AUSTIN, TX 78701
Signed the 990
LARRY PETERSON, DIRECTOR
Phone
(512) 279-0757
Return prepared by
VACEK KIECKE & COLMENERO LLP

Mission

TO ESTABLISH AND DEVELOP THE TEXAS CLEAN ENERGY PARK AS THE PREEMINENT COLLABORATIVE ENVIRONMENT FOR INNOVATIVE RESEARCH, DEVELOPMENT, COMMERCIALIZATION AND TRAINING IN THE AREAS OF RENEWABLE ENERGY, EFFICIENCY, SMART BUILDINGS AND INFRASTRUCTURE.

990 for the year ended December 31, 2024

Program accomplishments

  • TEXAS CLEAN ENERGY PARK - THE TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES (TFIC), THROUGH RESEARCH, AND AN EXTENSIVE SERIES OF MEETINGS IWTHTHE REGION'S COMMUNITY, UTILITY, BUSINESS AND EDUCATION LEADERSHIP, CONCLUDED THAT THE FASTEST AND MOST EFFECTIVE WAY TO DEVELOP THE ORGANIZATION'S VISION OF A CLEAN ENERGY PARK WOULD BE THROUGH WINNING THE SUPPORT, COLLABORATION AND PRESENCE OF THE NATIONAL RENEWABLE ENERGY LABORATORY (NREL).
    Expenses $225,431
  • GREEN JOBS INITIATIVE - TFIC IS HELPING DIRECT A COLLABORATIVE EFFORT TO DEVELOP A REGIONAL APPROACH TO CLEAN ENERGY TRAINING, BY PROVIDING TECHNICAL AND INDUSTRY INFORMATION AND PERSPECTIVE, AND LEVERAGING THE KNOWLEDGE AND RESOURCES OF THE EXISTING WORKFORCE DEVELOPMENT AGENCIES AND TRAIN
  • GREEN JOBS INITIATIVE - TFIC IS HELPING DIRECT A COLLABORATIVE EFFORT TO DEVELOP A REGIONAL APPROACH TO CLEAN ENERGY TRAINING, BY PROVIDING TECHNICAL AND INDUSTRY INFORMATION AND PERSPECTIVE, AND LEVERAGING THE KNOWLEDGE AND RESOURCES OF THE EXISTING WORKFORCE DEVELOPMENT AGENCIES AND TRAIN

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-5267886
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
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C35)
Assets (IRS master file)
$19,742
Income (IRS master file)
$251,442

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$251,442$232,465$19,742XML
990December 2023$220,401$220,094$765XML
990-EZDecember 2022–––IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 20-5267886).

Questions about TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES

What is the EIN of TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES?
The employer identification number (EIN) of TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES is 20-5267886.
Is TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES 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 TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES?
The 990 for the year ended December 31, 2024 names BILL STANBERRY.
Who are the officers and directors of TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $180,000 (LARRY PETERSON, KEY EMPLOYEE).
How much revenue does TEXAS FOUNDATION FOR INNOVATIVE COMMUNITIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $251,442, expenses of $232,465 and total assets of $19,742 at year end.

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