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Nonprofit · EIN 75-1525282

HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED

Tax-exempt · HILLSBORO, TX 76645

Financials

$261K$651K2022$1.4M$1.4M2023$704K$933K2024
Revenue Expenses · by fiscal year end
Financials of HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$703,712$932,887-$229,175$10,140,328$0$10,140,328
August 31, 2024990$1,438,566$1,429,808$8,758$9,785,940$176$9,785,764
August 31, 2023990$260,936$651,492-$390,556$10,039,716$750$10,038,966
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$286,700
Program service revenue
$0
Investment income
$298,231
Net rental income
$117,838
Net gain from sales of assets
$114,778
Other revenue
$118,781

Expenses

Grants and similar amounts paid
$832,626
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$10,099
Accounting fees
$7,046
Program services (functional)
$915,189
Management and general (functional)
$17,698

Balance sheet and other

Total assets, start of year
$9,785,940
Total assets, end of year
$10,140,328
Total liabilities, end of year
$0
Net assets, end of year
$10,140,328
Land, buildings and equipment
$1,079,251
Publicly traded securities
$8,471,318
Net assets without donor restrictions
$2,092,801
Net assets with donor restrictions
$8,047,527
Gross receipts
$4,034,725
Employees
0
Year formed
1975
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
LYNN GRAYPresident
Trustee or director, Officer
2$0
STEVE SMITHVice President
Trustee or director, Officer
1$0
GLEN CLIETTSecretary
Trustee or director, Officer
1$0
KYLE COWANDirector
Trustee or director
1$0
ROY BARRETTDirector
Trustee or director
1$0
MATT THOMASDirector
Trustee or director
1$0
JERRY COCKERHAMDirector
Trustee or director
1$0
TONY MARLEYDirector
Trustee or director
1$0
BLAIR RUSSELLDirector
Trustee or director
1$0
DEB HANSONDirector
Trustee or director
1$0
990 for the year ended August 31, 2024: 10 people
NameTitleHours / weekCompensation
LYNN GRAYPresident
Trustee or director, Officer
2$0
STEVE SMITHVice President
Trustee or director, Officer
1$0
GLEN CLIETTSecretary
Trustee or director, Officer
1$0
KYLE COWANDirector
Trustee or director
1$0
ROY BARRETTDirector
Trustee or director
1$0
MATT THOMASDirector
Trustee or director
1$0
JERRY COCKERHAMDirector
Trustee or director
1$0
TONY MARLEYDirector
Trustee or director
1$0
BLAIR RUSSELLDirector
Trustee or director
1$0
DEB HANSONDirector
Trustee or director
1$0
990 for the year ended August 31, 2023: 10 people
NameTitleHours / weekCompensation
LYNN GRAYPresident
Trustee or director, Officer
2$0
STEVE SMITHVice President
Trustee or director, Officer
1$0
GLEN CLIETTSecretary
Trustee or director, Officer
1$0
KYLE COWANDirector
Trustee or director
1$0
ROY BARRETTDirector
Trustee or director
1$0
MATT THOMASDirector
Trustee or director
1$0
JERRY COCKERHAMDirector
Trustee or director
1$0
TONY MARLEYDirector
Trustee or director
1$0
BLAIR RUSSELLDirector
Trustee or director
1$0
DEB HANSONDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 819, HILLSBORO, TX 76645-0819
Principal officer (990 for 2024)
LYNN GRAY, PO BOX 819, HILLSBORO, TX 76645
Signed the 990
LYNN GRAY, President
Phone
(254) 582-5359
Return prepared by
Susan Swilling CPA

Mission

TO ASSIST IN THE RAISING AND INVESTING OF FUNDS FOR SCHOLARSHIPS, TEACHING CHAIRS, AND OTHER INSTRUCTIONAL POSITIONS, AND THE PHYSICAL GROWTH AND DEVELOPMENT OF HILL JUNIOR COLLEGE DISTRICT.

990 for the year ended August 31, 2025

Program accomplishments

  • ASSISTING IN THE RAISING AND INVESTING OF FUNDS FOR SCHOLARSHIPS, TEACHING CHAIRS, AND OTHER INSTRUCTIONAL POSITIONS, AND THE PHYSICAL GROWTH AND DEVELOPMENT OF HILL JUNIOR COLLEGE DISTRICT.
    Expenses $915,189 · grants $832,626

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
75-1525282
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1976
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,140,328
Income (IRS master file)
$4,034,725

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$703,712$932,887$10,140,328XML
990August 2024$1,438,566$1,429,808$9,785,940XML
990August 2023$260,936$651,492$10,039,716XML
990August 2022$536,129$245,777$10,002,882IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 75-1525282).

Questions about HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED

What is the EIN of HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED?
The employer identification number (EIN) of HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED is 75-1525282.
Is HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED 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 HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED?
The 990 for the year ended August 31, 2025 names LYNN GRAY.
Who are the officers and directors of HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED?
The 990 for the year ended August 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED have?
On its 990 for the year ended August 31, 2025 it reported revenue of $703,712, expenses of $932,887 and total assets of $10,140,328 at year end.

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