Nonprofit · EIN 72-6019245
H C DREW ESTATE
Tax-exempt · LAKE CHARLES, LA 70601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $18,758,070 | $4,181,774 | $14,576,296 | $100,978,418 | $6,466,091 | $94,512,327 |
| December 31, 2023 | 990 | $4,045,219 | $3,679,109 | $366,110 | $93,680,905 | $8,311,709 | $85,369,196 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $19,249,418
- Net rental income
- -$491,176
- Net gain from sales of assets
- $18,615,709
- Other revenue
- -$491,348
Expenses
- Grants and similar amounts paid
- $3,371,469
- Other salaries and wages
- $239,712
- Salaries, compensation and benefits (total)
- $730,480
- Professional fundraising fees
- $0
- Depreciation
- $2,699
- Program services (functional)
- $3,792,829
- Management and general (functional)
- $388,945
Balance sheet and other
- Total assets, start of year
- $93,680,905
- Total assets, end of year
- $100,978,418
- Total liabilities, end of year
- $6,466,091
- Net assets, end of year
- $94,512,327
- Land, buildings and equipment
- $5,854,293
- Gross receipts
- $57,626,365
- Employees
- 5
- Volunteers
- 0
- Year formed
- 1917
- State of legal domicile
- LA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C Wade Shaddock Jr | Former President Trustee or director, Officer | 40 | $870,924 |
| Louie D Barbe IV | Secretary/Treasurer Trustee or director, Officer | 40 | $143,815 |
| Louie D Barbe III | President Trustee or director, Officer | 40 | $124,490 |
| John R Pohorelsky | Assistant Sec. Trustee or director | 35 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Louie D Barbe III | President Trustee or director, Officer | 40 | $112,491 |
| Louie D Barbe IV | Secretary/Treasurer Trustee or director, Officer | 40 | $95,698 |
| C Wade Shaddock Jr | Former President Trustee or director, Officer | 40 | $23,889 |
| John R Pohorelsky | Assistant Sec. Trustee or director | 35 | $0 |
Address and contacts
- Address (IRS master file)
- 719 KIRBY ST, LAKE CHARLES, LA 70601-5333
- Principal officer (990 for 2024)
- Louie D Barbe III, PO Box 125, Lake Charles, LA 70602
- Signed the 990
- Louie D Barbe III, President
- Phone
- (337) 433-6392
- Return prepared by
- McElroy Quirk & Burch
Mission
To provide funds for gerneral educational purposes.
Program accomplishments
- Line 13 - Direct distributions to primary and secondary schools, universities, and other organizations for general educational purposes (see attached schedule)Expenses $3,371,469 · grants $3,371,469
- Lines 5 to 25 - Allocation of amounts for program services from above and attached schedule (to provide funding for general education purposes)Expenses $421,360
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 72-6019245
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $100,978,418
- Income (IRS master file)
- $57,626,365
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $18,758,070 | $4,181,774 | $100,978,418 | XML |
| 990 | December 2023 | $4,045,219 | $3,679,109 | $93,680,905 | XML |
| 990 | December 2022 | $3,042,077 | $4,857,969 | $82,614,073 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 72-6019245).
Questions about H C DREW ESTATE
- What is the EIN of H C DREW ESTATE?
- The employer identification number (EIN) of H C DREW ESTATE is 72-6019245.
- Is H C DREW ESTATE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1986.
- Are donations to H C DREW ESTATE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does H C DREW ESTATE 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 H C DREW ESTATE 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 H C DREW ESTATE 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 H C DREW ESTATE?
- The 990 for the year ended December 31, 2024 names Louie D Barbe III.
- Who are the officers and directors of H C DREW ESTATE?
- The 990 for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $870,924 (C Wade Shaddock Jr, Former President).
- How much revenue does H C DREW ESTATE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $18,758,070, expenses of $4,181,774 and total assets of $100,978,418 at year end.
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