Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 45-3942784

MCELROY FAMILY CHARITABLE FOUNDATION

Tax-exempt · LEAGUE CITY, TX 77573

Financials

$135K$206K2023$261K$208K2024
Revenue Expenses · by fiscal year end
Financials of MCELROY FAMILY CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$260,744$207,588$53,156$5,108,695$1,200,000$3,908,695
December 31, 2023990-PF$134,710$206,232-$71,522$5,033,229$1,200,000$3,833,229
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$158,716
Interest
$21,928
Net gain from sales of assets
$85,495
Other income
-$5,395

Expenses

Grants and similar amounts paid
$178,000
Disbursements for charitable purposes
$178,000
Excise tax on investment income
$3,288

Balance sheet and other

Total assets, start of year
$5,033,229
Total assets, end of year
$5,108,695
Total liabilities, end of year
$1,200,000
Net assets, end of year
$3,908,695
Qualifying distributions
$178,000
Net investment income
$266,139

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TERRY MCELROY
1624 ENTERPRISE CIRCLE, LEAGUE CITY, TX 77573
PRESIDENT0$0
DEBBIE MCELROY
1624 ENTERPRISE CIRCLE, LEAGUE CITY, TX 77573
SECRETARY/TR0$0
CORY MCELROY
14518 VINTAGE PRESERVE PKWY, HOUSTON, TX 77070
V-PRESIDENT0$0
BRANDON MCELROY
3 INDIAN TRAIL ROAD, RANDOLPH, NJ 07869
V-PRESIDENT0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
TERRY MCELROY
1624 ENTERPRISE CIRCLE, LEAGUE CITY, TX 77573
PRESIDENT0$0
DEBBIE MCELROY
1524 ENTERPRISE CIRCLE, LEAGUE CITY, TX 77573
SECRETARY/TR0$0
CORY MCELROY
14518 VINTAGE PRESERVE PKWY, HOUSTON, TX 77070
V-PRESIDENT0$0
BRANDON MCELROY
3 INDIAN TRAIL ROAD, RANDOLPH, NJ 07869
V-PRESIDENT0$0

Address and contacts

Address (IRS master file)
1624 ENTERPRISE CIR, LEAGUE CITY, TX 77573-0833
Signed the 990-PF
TERRY MCELROY, PRESIDENT
Phone
(254) 780-7776
Return prepared by
ALEXANDER BOOHER & ASSOCIATES PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
45-3942784
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
2012
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,108,695
Income (IRS master file)
$260,744

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$260,744$207,588$5,108,695XML
990-PFDecember 2023$134,710$206,232$5,033,229XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 45-3942784).

Questions about MCELROY FAMILY CHARITABLE FOUNDATION

What is the EIN of MCELROY FAMILY CHARITABLE FOUNDATION?
The employer identification number (EIN) of MCELROY FAMILY CHARITABLE FOUNDATION is 45-3942784.
Is MCELROY FAMILY CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to MCELROY FAMILY CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MCELROY FAMILY CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MCELROY FAMILY CHARITABLE FOUNDATION 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 MCELROY FAMILY CHARITABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MCELROY FAMILY CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does MCELROY FAMILY CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $260,744, expenses of $207,588 and total assets of $5,108,695 at year end.

Other nonprofits in LEAGUE CITY

All nonprofits in LEAGUE CITY · Texas · Philanthropy, voluntarism and grantmaking foundations