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Nonprofit · EIN 74-2471210

GREATER TEXAS SERVICES INC

Tax-exempt · BRYAN, TX 77807

Financials

$1.9M$756K2023$2.1M$496K2024
Revenue Expenses · by fiscal year end
Financials of GREATER TEXAS SERVICES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,080,920$495,559$1,585,361$30,806,309$459,421$30,346,888
December 31, 2023990$1,940,578$755,619$1,184,959$33,814,691$5,662,836$28,151,855
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,540,127
Investment income
$540,793
Net gain from sales of assets
$243,796
Other revenue
$0

Expenses

Grants and similar amounts paid
$20,383
Compensation of officers, directors and key employees
$4,000
Salaries, compensation and benefits (total)
$31,026
Professional fundraising fees
$0
Legal fees
$3,763
Accounting fees
$51,291
Program services (functional)
$316,572
Management and general (functional)
$178,987

Balance sheet and other

Total assets, start of year
$33,814,691
Total assets, end of year
$30,806,309
Total liabilities, end of year
$459,421
Net assets, end of year
$30,346,888
Publicly traded securities
$6,638,339
Net assets without donor restrictions
$30,308,363
Net assets with donor restrictions
$38,525
Gross unrelated business income
-$3,052
Gross receipts
$2,710,722
Employees
0
Volunteers
0
Year formed
1987
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SUE MCMILLINASST VICE PRES
Officer
1$0$340,385$34,517
MR RALPH B RUSHINGDIRECTOR
Trustee or director
1$0$41,000$0
DR DONALD THOMPSONDIRECTOR
Trustee or director
1$0$37,000$0
MR BILL YOUNGKINDIRECTOR
Trustee or director
1$0$37,000$0
DR TERRY JONESPRESIDENT
Trustee or director, Officer
1$4,000$33,000$0
DR ALONZA SOSADIRECTOR
Trustee or director
1$0$37,000$0
MR AD JAMES JRVICE PRESIDENT
Trustee or director, Officer
1$0$33,000$0
MRS JUDY HOLTSECRETARY
Trustee or director, Officer
1$0$33,000$0
DR SAMUEL GILLESPIEDIRECTOR (TERM 7/24)
Trustee or director
1$0$18,500$0
MRS JANET HANDLEYDIRECTOR (START 11/24)
Trustee or director
1$0$14,250$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SUE MCMILLINASST VICE PRES
Officer
1$0$340,116$34,517
MR RALPH B RUSHINGDIRECTOR
Trustee or director
1$0$41,000$0
DR DONALD THOMPSONDIRECTOR
Trustee or director
1$0$37,000$0
MR BILL YOUNGKINDIRECTOR
Trustee or director
1$0$37,000$0
DR TERRY JONESPRESIDENT
Trustee or director, Officer
1$4,000$33,000$0
DR ALONZA SOSADIRECTOR
Trustee or director
1$0$37,000$0
DR SAMUEL GILLESPIEDIRECTOR
Trustee or director
1$0$37,000$0
DR JOHN F MOSSDIRECTOR
Trustee or director
1$0$33,917$0
MR AD JAMES JRVICE PRESIDENT
Trustee or director, Officer
1$0$33,000$0
MRS JUDY HOLTSECRETARY
Trustee or director, Officer
1$0$33,000$0

Address and contacts

Address (IRS master file)
6100 FOUNDATION PLACE DR, BRYAN, TX 77807-1105
Principal officer (990 for 2024)
DR TERRY JONES, 6100 FOUNDATION PL DR, BRYAN, TX 77807
Signed the 990
DR TERRY JONES, PRESIDENT
Phone
(979) 776-7597
Return prepared by
KPMG LLP

Mission

GREATER TEXAS SERVICES' MISSION IS TO ENGAGE IN EDUCATIONAL ACTIVITIES FOR THE BENEFIT OF STUDENTS IN THE STATE OF TEXAS AND PROVIDE FUNDING TO ANY STUDENT THROUGH LOANS, SCHOLARSHIPS AND OTHER MEANS.

990 for the year ended December 31, 2024

Program accomplishments

  • GREATER TEXAS SERVICES SUPPORTS THE FINANCING OF EDUCATION BY PARTICIPATING IN THE FEDERAL FAMILY EDUCATION LOAN PROGRAM AS A DOWNSTREAM HOLDER OF STUDENT LOANS. THE TOTAL PORTFOLIO AS OF DECEMBER 31, 2024 WAS APPROXIMATELY $18,813,683. GTS PLANS TO HOLD THESE LOANS THROUGH THE BORROWERS' REPAYMENT CYCLE.
    Expenses $296,189 · revenue $1,540,127
  • GTS PROVIDES NEED-BASED SCHOLARSHIP SUPPORT TO HISTORICALLY BLACK COLLEGES AND UNIVERSITIES IN THE STATE OF TEXAS FOR THE BENEFIT OF THEIR UNDERGRADUATE STUDENTS.
    Expenses $10,883 · grants $10,883
  • GTS AWARDS SCHOLARSHIPS TO HIGH SCHOOL GRADUATES SEEKING HIGHER EDUCATION. THROUGH ITS SCHOLARSHIP PROGRAMS IN 2024 GTS DISTRIBUTED A NET OF $9,500 TO EDUCATIONAL ORGANIZATIONS TO PROVIDE SCHOLARSHIPS FOR APPROXIMATELY 18 STUDENTS.
    Expenses $9,500 · grants $9,500

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
74-2471210
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$30,806,309
Income (IRS master file)
$2,710,722

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,080,920$495,559$30,806,309XML
990-TDecember 2024–––IRS
990December 2023$1,940,578$755,619$33,814,691XML
990-TDecember 2023–––IRS
990December 2022$1,741,309$2,152,941$36,191,519IRS
990-TDecember 2022–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 74-2471210).

Questions about GREATER TEXAS SERVICES INC

What is the EIN of GREATER TEXAS SERVICES INC?
The employer identification number (EIN) of GREATER TEXAS SERVICES INC is 74-2471210.
Is GREATER TEXAS SERVICES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to GREATER TEXAS SERVICES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREATER TEXAS SERVICES INC 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 GREATER TEXAS SERVICES INC 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 GREATER TEXAS SERVICES INC 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 GREATER TEXAS SERVICES INC?
The 990 for the year ended December 31, 2024 names DR TERRY JONES.
Who are the officers and directors of GREATER TEXAS SERVICES INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization.
How much revenue does GREATER TEXAS SERVICES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,080,920, expenses of $495,559 and total assets of $30,806,309 at year end.

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