Nonprofit · EIN 75-0701609
TEXAS HEREFORD ASSOCIATION
Tax-exempt · FORT WORTH, TX 76117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $672,595 | $196,485 | $476,110 | $544,822 | $45,704 | $499,118 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $37,575
- Membership dues
- $25,490
- Program service revenue
- $170,126
- Investment income
- $461,776
- Royalties
- $583
- Net gain from sales of assets
- $461,397
- Net income from fundraising events
- $2,535
- Other revenue
- $3,118
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $39,534
- Salaries, compensation and benefits (total)
- $44,712
- Professional fundraising fees
- $0
- Occupancy
- $17,681
- Travel
- $3,593
- Depreciation
- $8,481
Balance sheet and other
- Total assets, start of year
- $100,044
- Total assets, end of year
- $544,822
- Total liabilities, end of year
- $45,704
- Net assets, end of year
- $499,118
- Land, buildings and equipment
- $28,150
- Publicly traded securities
- $472,289
- Gross unrelated business income
- $107,209
- Gross receipts
- $707,311
- Employees
- 1
- Volunteers
- 75
- Year formed
- 1899
- 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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYDNEY HOWELL | SECRETARY-TR Officer | 30 | $39,534 |
| CHAD BREEDING | EXECUTIVE CO Trustee or director | 0.5 | $0 |
| JEFF CHAFFIN | EXECUTIVE CO Trustee or director | 0.5 | $0 |
| MORGAN COX | EXECUTIVE CO Trustee or director | 0.5 | $0 |
| WADE PERKS | EXECUTIVE CO Trustee or director | 0.5 | $0 |
| LARRY SCHMIDT | EXECUTIVE CO Trustee or director | 0.5 | $0 |
| JIMMY ATLAS | VICE PRESIDE Officer | 1 | $0 |
| TERRI BARBER | PAST PRESIDE Officer | 0.5 | $0 |
| LARRY JOHNSON | PRESIDENT Officer | 1 | $0 |
| EC ROSSON | PRESIDENT-EL Officer | 1 | $0 |
| JOHN SCHARBAUER | VICE PRESIDE Officer | 1 | $0 |
| JAMES STRODE | VICE PRESIDE Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4609 AIRPORT FWY, FORT WORTH, TX 76117-6212
- Principal officer (990 for 2023)
- LARRY JOHNSON, 4609 AIRPORT FREEWAY, FORT WORTH, TX 76117
- Signed the 990
- EC ROSSON, PRESIDENT-ELECT
- Phone
- (817) 831-3161
- Website
- WWW.TEXASHEREFORD.ORG
- Return prepared by
- CRAWFORD CARTER & DURBIN LLC
Mission
TO PROVIDE LEADERSHIP TO UNITE, FOSTER AND PROTECT THE INTEREST OF THE HEREFORD BREED; AND TO PROMOTE FAIRLY THE PRODUCTION AND CONSUMPTION OF HEREFORD BEEF, UNIVERSALLY.
Program accomplishments
- HEREFORD CATTLE SHOWS, SALES, EXHIBITS AND MEETINGS OCCURRING THROUGHOUT THE YEAR AT VARIOUS TEXAS LOCATIONS
- MONTHLY PUBLICATION OF "TEXAS HEREFORD" MAGAZINE TO PROMOTE, MARKET AND EDUCATE READERS REGARDING HEREFORD CATTLE AND RELATED RANCHING INFORMATION
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 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-0701609
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $544,822
- Income (IRS master file)
- $707,311
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $672,595 | $196,485 | $544,822 | XML |
| 990 | December 2022 | $313,690 | $327,797 | $100,044 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 75-0701609).
Questions about TEXAS HEREFORD ASSOCIATION
- What is the EIN of TEXAS HEREFORD ASSOCIATION?
- The employer identification number (EIN) of TEXAS HEREFORD ASSOCIATION is 75-0701609.
- Is TEXAS HEREFORD ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1942.
- Are donations to TEXAS HEREFORD ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TEXAS HEREFORD ASSOCIATION 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 TEXAS HEREFORD ASSOCIATION 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 TEXAS HEREFORD ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of TEXAS HEREFORD ASSOCIATION?
- The 990 for the year ended December 31, 2023 names LARRY JOHNSON.
- Who are the officers and directors of TEXAS HEREFORD ASSOCIATION?
- The 990 for the year ended December 31, 2023 lists 12 people; 1 received compensation from the organization, the highest $39,534 (SYDNEY HOWELL, SECRETARY-TR).
- How much revenue does TEXAS HEREFORD ASSOCIATION have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $672,595, expenses of $196,485 and total assets of $544,822 at year end.
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