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Nonprofit · EIN 75-2458006

STOREY LANE INDEPENDENT LIVING INC

Also known as SLIL FOUNDATION

Tax-exempt · PONDER, TX 76259

Financials

$160K$183K2023$204K$226K2024
Revenue Expenses · by fiscal year end
Financials of STOREY LANE INDEPENDENT LIVING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$203,563$226,473-$22,910$1,177,754$49,017$1,128,737
December 31, 2023990$159,705$183,320-$23,615$1,191,380$35,239$1,156,141
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$142,997
Program service revenue
$0
Investment income
$55,743
Net rental income
$4,823
Other revenue
$4,823

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$77,378
Salaries, compensation and benefits (total)
$91,697
Professional fundraising fees
$10,260
Accounting fees
$18,825
Occupancy
$44,080
Depreciation
$10,052
Program services (functional)
$181,506
Management and general (functional)
$32,625
Fundraising (functional)
$12,342

Balance sheet and other

Total assets, start of year
$1,191,380
Total assets, end of year
$1,177,754
Total liabilities, end of year
$49,017
Net assets, end of year
$1,128,737
Land, buildings and equipment
$165,244
Publicly traded securities
$408,412
Net assets without donor restrictions
$1,080,734
Net assets with donor restrictions
$48,003
Gross receipts
$207,500
Employees
3
Volunteers
25
Year formed
1992
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 / weekCompensation
ALBERT OSTERMANNPRESIDENT
Trustee or director, Officer
15$0
DEAN HARKINSV. PRESIDENT
Trustee or director, Officer
15$0
GREG CROMERTREASURER
Trustee or director, Officer
15$0
MICHAEL MILAMBOARD MEMBER
Trustee or director
15$0
JAMES ROBERTSBOARD MEMBER
Trustee or director
15$0
SARAH CAUSEYEXECUTIVE DIRECTOR
Trustee or director, Officer
15$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
ALBERT OSTERMANNPRESIDENT
Trustee or director, Officer
15$0
DIANE BENTLERV. PRESIDENT
Trustee or director, Officer
15$0
GREG CROMERTREASURER
Trustee or director, Officer
15$0
KIMBERLY SHAPIROSECRETARY
Trustee or director, Officer
15$0
DEAN HARKINSBOARD MEMBER
Trustee or director
15$0
AILEEN VIDAUDBOARD MEMBER
Trustee or director
15$0
SARAH CAUSEYEXECUTIVE DIRECTOR
Trustee or director, Officer
15$0

Address and contacts

Address (IRS master file)
PO BOX 608, PONDER, TX 76259-0608
Principal officer (990 for 2024)
ALBERT OSTERMANN, PO BOX 608, PONDER, TX 76259
Signed the 990
ALBERT OSTERMANN, PRESIDENT
Phone
(972) 644-7645
Return prepared by
TOM D DEARING PC

Mission

TO PROVIDE A SAFE RESIDENTIAL ENVIRONMENT, LIFETIME TRAINING, SUPPORTED LIVING, SUPERVISION AND TRANSPORTATION FOR ADULTS WITH COGNITIVE DISABILITIES, THEREBY ALLOWING THEM TO MAINTAIN INDEPENDENCE

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES A SAFE RESIDENTIAL ENVIRONMENT, LIFETIME TRAINING, SUPPORTED LIVING, SUPERVISION AND TRANSPORTATION FOR APPROXIMATELY 29 ADULTS WITH COGNITIVE DISABILITIES, ALLOWING THEM TO MAINTAIN INDEPENDENCE IN LIVING.
    Expenses $181,506 · revenue $142,997

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
75-2458006
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$1,177,754
Income (IRS master file)
$207,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$203,563$226,473$1,177,754IRS
990December 2023$159,705$183,320$1,191,380XML
990December 2022$727,111$176,975$1,180,530IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 75-2458006).

Questions about STOREY LANE INDEPENDENT LIVING INC

What is the EIN of STOREY LANE INDEPENDENT LIVING INC?
The employer identification number (EIN) of STOREY LANE INDEPENDENT LIVING INC is 75-2458006.
Is STOREY LANE INDEPENDENT LIVING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to STOREY LANE INDEPENDENT LIVING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STOREY LANE INDEPENDENT LIVING 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 STOREY LANE INDEPENDENT LIVING 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 STOREY LANE INDEPENDENT LIVING 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 STOREY LANE INDEPENDENT LIVING INC?
The 990 for the year ended December 31, 2024 names ALBERT OSTERMANN.
Who are the officers and directors of STOREY LANE INDEPENDENT LIVING INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does STOREY LANE INDEPENDENT LIVING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $203,563, expenses of $226,473 and total assets of $1,177,754 at year end.

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