Nonprofit · EIN 75-1171778
VERNON INDUSTRIAL FOUNDATION INC
Tax-exempt · VERNON, TX 76385
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,295 | $3,628 | -$333 | $164,172 | $0 | $164,172 |
| December 31, 2023 | 990 | $2,601 | $8,884 | -$6,283 | $164,505 | $0 | $164,505 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,672
- Membership dues
- $1,672
- Program service revenue
- $0
- Investment income
- $1,623
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $500
- Program services (functional)
- $520
- Management and general (functional)
- $3,108
Balance sheet and other
- Total assets, start of year
- $164,505
- Total assets, end of year
- $164,172
- Total liabilities, end of year
- $0
- Net assets, end of year
- $164,172
- Land, buildings and equipment
- $94,083
- Gross receipts
- $3,295
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1957
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gene Tyra | President Trustee or director, Officer | 0 | $0 |
| William Bachman | Vice-President Trustee or director, Officer | 0 | $0 |
| Missie Risinger | Treasurer/Secretary Trustee or director, Officer | 0 | $0 |
| Michael Moore | Director Trustee or director | 0 | $0 |
| Horace Tabor | Director Trustee or director | 0 | $0 |
| Trent Gillespie | Director Trustee or director | 0 | $0 |
| Joe Rogers | Director Trustee or director | 0 | $0 |
| Terry Spears | Director Trustee or director | 0 | $0 |
| AB Wharton | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gene Tyra | President Trustee or director, Officer | 0 | $0 |
| William Bachman | Vice-President Trustee or director, Officer | 0 | $0 |
| Missie Risinger | Treasurer/Secretary Trustee or director, Officer | 0 | $0 |
| Michael Moore | Director Trustee or director | 0 | $0 |
| Horace Tabor | Director Trustee or director | 0 | $0 |
| Trent Gillespie | Director Trustee or director | 0 | $0 |
| Joe Rogers | Director Trustee or director | 0 | $0 |
| Terry Spears | Director Trustee or director | 0 | $0 |
| AB Wharton | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1331, VERNON, TX 76385-1331
- In care of
- % MTPM&M CPAS PLLC
- Mailing address (990-N for 2025)
- P O Box 1331, Vernon TX 76385
- Principal officer (990 for 2024)
- Gene Tyra, 4610 Cottonwood Lane, Vernon, TX 76384
- Principal officer (990-N for 2025)
- Gene Tyra, 4610 Cottonwood Lane, Vernon TX 76384
- Signed the 990
- Gene Tyra, President
- Phone
- (940) 552-5481
- Return prepared by
- Moore Truelove Pharis Meyers Marsh PLLC
Mission
Promote industrial development of City of Vernon and Wilbarger County , Texas
Program accomplishments
- Promoting industrial development of City of Vernon and Wilbarger County, Texas.Expenses $520
- NONE
- NONE
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N 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
- 75-1171778
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1964
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Gene Tyra | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2024 | $3,295 | $3,628 | $164,172 | IRS |
| 990 | December 2023 | $2,601 | $8,884 | $164,505 | XML |
| 990 | December 2022 | $1,972 | $6,687 | $170,787 | IRS |
| 990-N for 2021 Officer: Gene Tyra | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Gene Tyra | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Gene Tyra | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 75-1171778).
Questions about VERNON INDUSTRIAL FOUNDATION INC
- What is the EIN of VERNON INDUSTRIAL FOUNDATION INC?
- The employer identification number (EIN) of VERNON INDUSTRIAL FOUNDATION INC is 75-1171778.
- Is VERNON INDUSTRIAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1964.
- Are donations to VERNON INDUSTRIAL FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VERNON INDUSTRIAL FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of VERNON INDUSTRIAL FOUNDATION INC 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 VERNON INDUSTRIAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of VERNON INDUSTRIAL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Gene Tyra.
- Who are the officers and directors of VERNON INDUSTRIAL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does VERNON INDUSTRIAL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,295, expenses of $3,628 and total assets of $164,172 at year end.
Other nonprofits in VERNON
- BOYS AND GIRLS CLUB OF VERNON TEXAS ENDOWMENT FUND INC EIN 61-1449250 · last filed 990 for 2025
- BOYS AND GIRLS CLUB OF VERNON INC EIN 75-1052556 · last filed 990 for 2024
- RED RIVER VALLEY MUSEUM EIN 75-6043089 · last filed 990 for 2025
- MCCARTY FAMILY FOUNDATION EIN 20-3103094 · last filed 990-PF for 2025
- VERNON REGIONAL JUNIOR COLLEGE FOUNDATION INC EIN 75-2045268 · last filed 990 for 2025
- WILBARGER COUNTY JUNIOR LIVESTOCK SHOW ASSOCIATION EIN 92-1262469 · last filed 990 for 2024
- HILL CREST COUNTRY CLUB OF VERNON EIN 75-0334957 · last filed 990 for 2024
- SANTA ROSA TELEPHONE COOPERATIVE INC POSTRETIREMENT BENEFIT TR EIN 46-6955691 · last filed 990 for 2025