Nonprofit · EIN 47-4590611
TAC EAST HOLDINGS COMPANY NO 1
Tax-exempt · NEW BOSTON, TX 75570
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,476,789 | $1,197,002 | $279,787 | $6,942,037 | $2,672,788 | $4,269,249 |
| September 30, 2024 | 990 | $595,647 | $1,772,981 | -$1,177,334 | $4,783,109 | $793,647 | $3,989,462 |
| September 30, 2023 | 990 | $450,415 | $291,064 | $159,351 | $6,412,444 | $1,245,648 | $5,166,796 |
| September 30, 2022 | 990 | $250,224 | $263,379 | -$13,155 | $6,844,666 | $1,837,221 | $5,007,445 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $630,844
- Investment income
- $845,945
- Net gain from sales of assets
- $828,126
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $562,500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $15,480
- Accounting fees
- $18,280
- Depreciation
- $287,551
- Program services (functional)
- $1,197,002
Balance sheet and other
- Total assets, start of year
- $4,783,109
- Total assets, end of year
- $6,942,037
- Total liabilities, end of year
- $2,672,788
- Net assets, end of year
- $4,269,249
- Land, buildings and equipment
- $3,392,153
- Net assets without donor restrictions
- $4,269,249
- Gross receipts
- $1,656,163
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2015
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| William Scott Norton | President/CEO Trustee or director, Officer | 2 | $0 | $252,716 | $45,304 |
| Jeffery Whitten | Vice President/COO | 34 | $0 | $194,266 | $28,863 |
| Eric Voyles | Vice President Officer | 14 | $0 | $193,466 | $24,748 |
| Andrew Hill | Treasurer Officer | 8 | $0 | $136,997 | $17,519 |
| Marla Byrd | Secretary Officer | 8 | $0 | $74,151 | $2,451 |
| Gabe Tarr | Vice Chairman Trustee or director | 1 | $0 | $0 | $0 |
| Denis Washington | Chairman Trustee or director | 1 | $0 | $0 | $0 |
| Ben King | Board Secretary Trustee or director | 1 | $0 | $0 | $0 |
| Jimmy Howell | Board Member Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| William Scott Norton | President/CEO Trustee or director, Officer | 2 | $0 | $306,293 | $51,828 |
| Jeffery Whitten | Vice President/COO | 34 | $0 | $188,319 | $23,982 |
| Eric Voyles | Vice President Officer | 14 | $0 | $183,519 | $22,728 |
| Marla Byrd | Secretary Officer | 8 | $0 | $70,954 | $2,996 |
| Andrew Hill | Treasurer Officer | 8 | $0 | $57,604 | $2,542 |
| Gabe Tarr | Vice Chairman Trustee or director | 1 | $0 | $0 | $0 |
| Denis Washington | Chairman Trustee or director | 1 | $0 | $0 | $0 |
| Ben King | Board Secretary Trustee or director | 1 | $0 | $0 | $0 |
| Jimmy Howell | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM S NORTON | PRESIDENT Officer | 2 | $0 | $388,700 | $19,813 |
| ERIC VOYLES | VICE PRESIDE Officer | 14 | $0 | $228,805 | $9,294 |
| JEFFERY D WHITTEN | KEY EMPLOYEE Key employee | 6 | $0 | $210,249 | $13,664 |
| JOHN T SESLER | KEY EMPLOYEE Key employee | 0 | $0 | $168,173 | $9,294 |
| JOHN MORAN | TREASURER Officer | 0.5 | $0 | $136,095 | $9,213 |
| DARRELL THOMPSON | HIGHLY COMPE Highest-paid employee | 0 | $0 | $118,847 | $9,215 |
| MARLA BYRD | SECRETARY Officer | 8 | $0 | $67,435 | $9,654 |
| BEN KING | DIRECTOR/SEC Trustee or director | 0.1 | $0 | $0 | $0 |
| GABE TARR | DIRECTOR/VIC Trustee or director | 0.1 | $0 | $0 | $0 |
| DENIS R WASHINGTON | DIRECTOR/CHA Trustee or director | 0.1 | $0 | $0 | $0 |
| ANDREW HILL | TREASURER Officer | 0.5 | $0 | $0 | $0 |
990 for the year ended September 30, 2022: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM S NORTON | PRESIDENT Officer | 2 | $0 | $286,743 | $28,165 |
| ERIC VOYLES | VICE PRESIDE Officer | 14 | $0 | $193,588 | $8,554 |
| JEFFERY D WHITTEN | KEY EMPLOYEE Key employee | 6 | $0 | $174,733 | $16,193 |
| JOHN MORAN | TREASURER Officer | 0.5 | $0 | $112,367 | $7,952 |
| MARLA BYRD | SECRETARY Officer | 8 | $0 | $66,345 | $8,884 |
| BEN KING | DIRECTOR/SEC Trustee or director | 0.1 | $0 | $0 | $0 |
| GABE TARR | DIRECTOR/VIC Trustee or director | 0.1 | $0 | $0 | $0 |
| DENIS R WASHINGTON | DIRECTOR/CHA Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 107 CHAPEL LN, NEW BOSTON, TX 75570-9554
- In care of
- % WILLIAM S NORTON
- Principal officer (990 for 2024)
- William S Norton
- Signed the 990
- William S Norton, President
- Phone
- (903) 223-9841
- Website
- www.texamericascenter.com
- Return prepared by
- Thomas & Thomas CPAs PLLC
Mission
To act as a title holding company for TexAmericas Center, a political subdivision of the state of Texas, pursuant to the authority set forth in Section 3503.111 of the Special District Local Laws Code of the State of Texas.
Program accomplishments
- Holding, managing, maintenance and improvement of real property transferred from TexAmericas Center.Expenses $1,197,002 · revenue $1,476,789
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 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 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 47-4590611
- Tax-exempt status
- 501(c)(25): Title-holding corporation for multiple parents
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $6,942,037
- Income (IRS master file)
- $1,656,163
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,476,789 | $1,197,002 | $6,942,037 | XML |
| 990 | September 2024 | $595,647 | $1,772,981 | $4,783,109 | IRS |
| 990 | September 2023 | $450,415 | $291,064 | $6,412,444 | XML |
| 990 | September 2022 | $250,224 | $263,379 | $6,844,666 | XML |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 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 47-4590611).
Questions about TAC EAST HOLDINGS COMPANY NO 1
- What is the EIN of TAC EAST HOLDINGS COMPANY NO 1?
- The employer identification number (EIN) of TAC EAST HOLDINGS COMPANY NO 1 is 47-4590611.
- Is TAC EAST HOLDINGS COMPANY NO 1 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(25) since 2016.
- Are donations to TAC EAST HOLDINGS COMPANY NO 1 tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TAC EAST HOLDINGS COMPANY NO 1 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 TAC EAST HOLDINGS COMPANY NO 1 due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TAC EAST HOLDINGS COMPANY NO 1 last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of TAC EAST HOLDINGS COMPANY NO 1?
- The 990 for the year ended September 30, 2025 names William S Norton.
- Who are the officers and directors of TAC EAST HOLDINGS COMPANY NO 1?
- The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does TAC EAST HOLDINGS COMPANY NO 1 have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,476,789, expenses of $1,197,002 and total assets of $6,942,037 at year end.
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