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Nonprofit · EIN 72-6019245

H C DREW ESTATE

Tax-exempt · LAKE CHARLES, LA 70601

Financials

$4M$3.7M2023$18.8M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of H C DREW ESTATE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$18,758,070$4,181,774$14,576,296$100,978,418$6,466,091$94,512,327
December 31, 2023990$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.

NameTitleHours / weekCompensation
C Wade Shaddock JrFormer President
Trustee or director, Officer
40$870,924
Louie D Barbe IVSecretary/Treasurer
Trustee or director, Officer
40$143,815
Louie D Barbe IIIPresident
Trustee or director, Officer
40$124,490
John R PohorelskyAssistant Sec.
Trustee or director
35$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Louie D Barbe IIIPresident
Trustee or director, Officer
40$112,491
Louie D Barbe IVSecretary/Treasurer
Trustee or director, Officer
40$95,698
C Wade Shaddock JrFormer President
Trustee or director, Officer
40$23,889
John R PohorelskyAssistant 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.

990 for the year ended December 31, 2024

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 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$18,758,070$4,181,774$100,978,418XML
990December 2023$4,045,219$3,679,109$93,680,905XML
990December 2022$3,042,077$4,857,969$82,614,073IRS
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 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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