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Nonprofit · EIN 75-1834030

TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION

Tax-exempt · AMARILLO, TX 79101

Financials

$316K$224K2022$340K$224K2023$325K$198K2024
Revenue Expenses · by fiscal year end
Financials of TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$324,880$198,116$126,764$3,018,233$310,013$2,708,220
September 30, 2024990$340,462$223,728$116,734$2,925,089$335,622$2,589,467
September 30, 2023990$315,565$224,476$91,089$2,818,553$341,310$2,477,243
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$192,635
Investment income
$132,245
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$106,656
Salaries, compensation and benefits (total)
$152,259
Professional fundraising fees
$0
Accounting fees
$17,858
Travel
$6,110
Program services (functional)
$148,844
Management and general (functional)
$49,272

Balance sheet and other

Total assets, start of year
$2,925,089
Total assets, end of year
$3,018,233
Total liabilities, end of year
$310,013
Net assets, end of year
$2,708,220
Publicly traded securities
$579,413
Net assets without donor restrictions
$2,708,220
Gross receipts
$324,880
Employees
0
Volunteers
18
Year formed
1982
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DOUG NELSONADMIN DIRECT
Officer
32$0
DEVIN SAVAGEPRESIDENT
Trustee or director, Officer
1$0
JONATHAN TRAVESVICE PRESIDE
Trustee or director, Officer
1$0
JASON BURRSECRETARY
Trustee or director, Officer
1$0
MINDI MCLAINTREASURER
Trustee or director, Officer
1$0
AIDA ADAMSDIRECTOR
Trustee or director
1$0
PARESH BHAKTADIRECTOR
Trustee or director
1$0
AMY FESSERDIRECTOR
Trustee or director
1$0
BRAD STUTEVILLEDIRECTOR
Trustee or director
1$0
COLVY WATERSDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
DOUG NELSONADMIN DIRECT
Officer
32$0
CASEY POSEYPRESIDENT
Trustee or director, Officer
1$0
ROXANNE GRABBEVICE PRESIDE
Trustee or director, Officer
1$0
DEVIN SAVAGESECRETARY
Trustee or director, Officer
1$0
JONATHAN TRAVESTREASURER
Trustee or director, Officer
1$0
PARESH BHAKTADIRECTOR
Trustee or director
1$0
WARREN CORNELIUSDIRECTOR
Trustee or director
1$0
AMY FESSERDIRECTOR
Trustee or director
1$0
COLBY WATERSDIRECTOR
Trustee or director
1$0
WES WRIGHTDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2023: 10 people
NameTitleHours / weekCompensation
DOUG NELSONADMIN DIRECT
Officer
32$0
CASEY POSEYPRESIDENT
Trustee or director, Officer
1$0
ROXANNE GRABBEVICE PRESIDE
Trustee or director, Officer
1$0
BRYAN CHAFFINSECRETARY
Trustee or director, Officer
1$0
MATT MATHIASTREASURER
Trustee or director, Officer
1$0
WARREN CORNELIUSDIRECTOR
Trustee or director
1$0
JANATHAN TRAVESDIRECTOR
Trustee or director
1$0
COLBY WATERSDIRECTOR
Trustee or director
1$0
KATIE LINGORDIRECTOR
Trustee or director
1$0
WES WRIGHTDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
600 S TYLER ST STE 1600, AMARILLO, TX 79101-2352
Principal officer (990 for 2024)
DOUG NELSON, 600 S TYLER SUITE 1600, AMARILLO, TX 79101
Signed the 990
DOUG NELSON, ADMIN DIRECTOR
Phone
(806) 379-6411
Return prepared by
JOHNSON & SHELDON PLLC

Mission

THIS CORPORATION IS ORGANIZED FOR THE PRIMARY PURPOSE AND OBJECTIVE OF FURTHERING THE ECONOMIC DEVELOPMENT AND SOCIAL WELFARE OF THE STATE OF TEXAS, WITH A PRIMARY FOCUS ON ARMSTRONG, BRISCOE, CARSON, CASTRO, CHILDRESS, COLLINGSWORTH, DALLAM, DEAF SMITH, DONLEY, GRAY, HALL, HANSFORD, HARTLEY, HEMPHILL, HUTCHINSON, LIPSCOMB, MOORE, OCHILTREE, OLDHAM, PARMER, POTTER, RANDALL, ROBERTS, SHERMAN, SWISHER, AND WHEELER COUNTIES, AND THEIR ENVIRONS BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS, IN SUCH AREA. THE PRINCIPAL OBJECTIVES OF THE CORPORATION SHALL BE TO BENEFIT THE COMMUNITY BY FOSTERING THE INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE AREA. MONETARY PROFITS OR OTHER BENEFITS TO MEMBERS MUST BE MERELY INCIDENTAL THERETO. THE FINANCIAL PROGRAM, EXCEPT THOSE PERMITTED UNDER TITLE V OF THE SMALL BUSINESS CORPORATION, SHALL NOT PARTICIPATE IN ANY OTHER SBA.

990 for the year ended September 30, 2025

Program accomplishments

  • THE PRIMARY PURPOSE AND OBJECTIVE OF THE CORPORATION IS TO FURTHER THE ECONOMIC DEVELOPMENT AND SOCIAL WELFARE OF THE STATE OF TEXAS WITH A PRIMARY FOCUS ON THE 26 COUNTIES OF THE TEXAS PANHANDLE.
    Expenses $148,844 · revenue $192,635

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
75-1834030
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1982
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,018,233
Income (IRS master file)
$324,880

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$324,880$198,116$3,018,233XML
990September 2024$340,462$223,728$2,925,089XML
990September 2023$315,565$224,476$2,818,553XML
990September 2022$270,564$223,134$2,750,669IRS
990September 2021–––IRS
990September 2020–––IRS
990September 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 75-1834030).

Questions about TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION

What is the EIN of TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION is 75-1834030.
Is TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1982.
Are donations to TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION 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 PANHANDLE REGIONAL DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 names DOUG NELSON.
Who are the officers and directors of TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does TEXAS PANHANDLE REGIONAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $324,880, expenses of $198,116 and total assets of $3,018,233 at year end.

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