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Nonprofit · EIN 45-0476097

ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · ALICE, TX 78333

Financials

$30K$41K2023$25K$39K2024
Revenue Expenses · by fiscal year end
Financials of ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$25,000$38,881-$13,881$81,539$0$81,539
December 31, 2023990$30,021$41,154-$11,133$95,420$0$95,420
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$875
Travel
$914
Program services (functional)
$38,881

Balance sheet and other

Total assets, start of year
$95,420
Total assets, end of year
$81,539
Total liabilities, end of year
$0
Net assets, end of year
$81,539
Net assets without donor restrictions
$81,539
Gross receipts
$25,000
Employees
0
Volunteers
2
Year formed
2000
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
KEVIN DOWNSPRESIDENT
Trustee or director, Officer
3$0
RICHARD JOSLINTREASURER
Trustee or director, Officer
3$0
TOM TURNERDIRECTOR
Trustee or director
1$0
GAIL HOFFMANDIRECTOR
Trustee or director
1$0
JOLENE VANOVERDIRECTOR
Trustee or director
1$0
LARRY MARTINEZEXECUTIVE DIRECTOR
Trustee or director
25$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
KEVIN DOWNSPRESIDENT
Trustee or director, Officer
3$0
RICHARD JOSLINTREASURER
Trustee or director, Officer
3$0
TOM TURNERDIRECTOR
Trustee or director
1$0
GAIL HOFFMANDIRECTOR
Trustee or director
1$0
JOLENE VANOVERDIRECTOR
Trustee or director
1$0
LARRY MARTINEZEXECUTIVE DIRECTOR
Trustee or director
25$0

Address and contacts

Address (IRS master file)
PO BOX 1609, ALICE, TX 78333-1609
In care of
% RITO SILVA
Principal officer (990 for 2024)
RICHARD JOSLIN, P O BOX 1609, ALICE, TX 78333
Signed the 990
RICHARD JOSLIN, TREASURER
Phone
(361) 664-3454
Return prepared by
BYRON W BLAIR PC

Mission

TO IDENTIFY AND FACILITATE ECONOMIC DEVELOPMENT OPPORTUNITIES IN THE ALICE, JIM WELLS COUNTY TEXAS AREA

990 for the year ended December 31, 2024

Program accomplishments

  • TO IDENTIFY AND FACILITATE ECONOMIC DEVELOPMENT OPPORTUNITIES IN THE ALICE, JIM WELLS COUNTY, TEXAS AREA

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
45-0476097
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2002
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$81,539
Income (IRS master file)
$25,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$25,000$38,881$81,539XML
990December 2023$30,021$41,154$95,420XML
990December 2022$42,434$51,584$106,578IRS
990December 2021–––IRS
990December 2020–––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 45-0476097).

Questions about ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION is 45-0476097.
Is ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2002.
Are donations to ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION 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 ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION 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 ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names RICHARD JOSLIN.
Who are the officers and directors of ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does ALICE JIM WELLS COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $25,000, expenses of $38,881 and total assets of $81,539 at year end.

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