Nonprofit · EIN 74-1919461
INDUSTRY BUSINESS ROUNDTABLE
Also known as HOUSTON GULF COAST AREA BUSINESS
Tax-exempt · PASADENA, TX 77505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $606,554 | $624,842 | -$18,288 | $702,086 | $74,011 | $628,075 |
| December 31, 2024 | 990 | $484,126 | $403,976 | $80,150 | $672,464 | $5,534 | $666,930 |
| December 31, 2023 | 990 | $253,637 | $376,067 | -$122,430 | $707,162 | $2,260 | $704,902 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $138,883
- Program service revenue
- $457,591
- Investment income
- $1,371
- Other revenue
- $8,709
Expenses
- Grants and similar amounts paid
- $11,207
- Compensation of officers, directors and key employees
- $165,033
- Other salaries and wages
- $126,157
- Salaries, compensation and benefits (total)
- $313,247
- Professional fundraising fees
- $0
- Legal fees
- $35,100
- Accounting fees
- $20,350
- Occupancy
- $19,551
- Travel
- $8,344
- Depreciation
- $1,100
Balance sheet and other
- Total assets, start of year
- $672,464
- Total assets, end of year
- $702,086
- Total liabilities, end of year
- $74,011
- Net assets, end of year
- $628,075
- Land, buildings and equipment
- $3,850
- Net assets without donor restrictions
- $628,075
- Gross receipts
- $759,033
- Employees
- 3
- Volunteers
- 300
- Year formed
- 1973
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIE WELLS | PRESIDENT/CE Officer | 40 | $165,033 | $15,939 |
| RICHARD BASS | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MIKE FIPPS | VICE CHAIRMA Trustee or director, Officer | 2 | $0 | $0 |
| SAM WINDOM | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOHN BOLLOM | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ANTHONY BIELLO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN CASTANEDA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY HAILEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEREMY MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID WOLF | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIE WELLS | EXECUTIVE DI Key employee | 40 | $172,139 |
| RICHARD BASS | CHAIRPERSON Officer | – | $0 |
| JOHN BOLLOM | SECRETARY Officer | – | $0 |
| MIKE FIPPS | VICE CHAIR Officer | – | $0 |
| SAM WINDOM | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIE WELLS | EXECUTIVE DI Highest-paid employee | 40 | $162,704 |
| RICHARD BASS | CHAIRPERSON Officer | – | $0 |
| MIKE FIPPS | VICE CHAIR Officer | – | $0 |
| BRUCE TYLOCK | SECRETARY/TR Officer | – | $0 |
| LISA WRIGHT | MEMBER AT LA Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 5213 CENTER ST, PASADENA, TX 77505-1866
- Principal officer (990 for 2025)
- WILLIE WELLS, 5213 CENTER ST, PASADENA, TX 77505
- Signed the 990
- WILLIE WELLS, PRESIDENT/CEO
- Phone
- (713) 645-0923
- Return prepared by
- RATLIFF & ASSOCIATES PC
Mission
TO SHARE INNOVATION AND BEST PRACTICES THAT POSITIVELY TRANSFORM THE INDUSTRY AND COMMUNITIES WHERE WE WORK.
Program accomplishments
- AS A RESOURCE FOR THE INDUSTRY, THE INDUSTRY BUSINESS ROUNDTABLE (IBR) NETWORKS AND COLLABORATES WITH PEERS ON KEY ISSUES THAT IMPACT MEMBER (ASSET OWNER) AND SUBSCRIBER PARTNER (SERVICE PROVIDERS/CONTRACTORS) COMPANIES. IBR DEVELOPS PROGRAMS, AND SHARES IDEAS THAT PROMOTE THE ECONOMIC ENHANCEMENT OF BUSINESSES AND THE REDUCTION OF RISKS FOR THE INDUSTRY.
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 | 990 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
- 74-1919461
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $702,086
- Income (IRS master file)
- $759,033
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $606,554 | $624,842 | $702,086 | IRS |
| 990 | December 2024 | $484,126 | $403,976 | $672,464 | XML |
| 990 | December 2023 | $253,637 | $376,067 | $707,162 | XML |
| 990 | December 2022 | $435,951 | $316,925 | $885,283 | 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 74-1919461).
Questions about INDUSTRY BUSINESS ROUNDTABLE
- What is the EIN of INDUSTRY BUSINESS ROUNDTABLE?
- The employer identification number (EIN) of INDUSTRY BUSINESS ROUNDTABLE is 74-1919461.
- Is INDUSTRY BUSINESS ROUNDTABLE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
- Are donations to INDUSTRY BUSINESS ROUNDTABLE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INDUSTRY BUSINESS ROUNDTABLE 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 INDUSTRY BUSINESS ROUNDTABLE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDUSTRY BUSINESS ROUNDTABLE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INDUSTRY BUSINESS ROUNDTABLE?
- The 990 for the year ended December 31, 2025 names WILLIE WELLS.
- Who are the officers and directors of INDUSTRY BUSINESS ROUNDTABLE?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $165,033 (WILLIE WELLS, PRESIDENT/CE).
- How much revenue does INDUSTRY BUSINESS ROUNDTABLE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $606,554, expenses of $624,842 and total assets of $702,086 at year end.
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- FIRST BAPTIST CHRISTIAN ACADEMY OF PASADENA EIN 76-0408468 · last filed 990 for 2026
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- CORE PROCESS TECHNOLOGIES EIN 82-0958000 · last filed 990 for 2024
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