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Nonprofit · EIN 75-2485347

JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION

Tax-exempt · SWEETWATER, TX 79556

Financials

$94K$119K2023$1.7M$115K2024
Revenue Expenses · by fiscal year end
Financials of JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,745,520$114,994$1,630,526$2,863,497$350$2,863,147
December 31, 2023990-PF$94,481$119,226-$24,745$1,232,971$350$1,232,621
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$30,329
Interest
$33,294
Net rental income
$32,255
Net gain from sales of assets
$1,616,898
Other income
$14,287

Expenses

Grants and similar amounts paid
$69,091
Disbursements for charitable purposes
$69,091
Excise tax on investment income
$1,183

Balance sheet and other

Total assets, start of year
$1,232,971
Total assets, end of year
$2,863,497
Total liabilities, end of year
$350
Net assets, end of year
$2,863,147
Fair market value of assets
$3,776,570
Qualifying distributions
$69,091
Net investment income
$130,643

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
FIRST FINANCIAL TRUST & ASSET MANAGEMENT COMPANY NA
201 ELM STREET, SWEETWATER, TX 79556
ADMINISTRATO0$0
WAYNE CHOWNING
201 ELM STREET, SWEETWATER, TX 79556
TRUST ADMINI0$0
ELISHA REESE
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
BILL IGAL
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
TRETHA CADDELL
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
GLORIA REYNA
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
KELLY WING
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
MICHAEL SALES
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
FIRST FINANCIAL TRUST & ASSET MANAGEMENT COMPANY NA
201 ELM STREET, SWEETWATER, TX 79556
ADMINISTRATO0$0
WAYNE CHOWNING
201 ELM STREET, SWEETWATER, TX 79556
TRUST ADMINI0$0
ELISHA REESE
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
BILL IGAL
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
TRETHA CADDELL
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
GLORIA REYNA
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
KELLY WING
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0
MICHAEL SALES
DRAWER AA, RALLS, TX 79357
DIRECTOR0$0

Address and contacts

Address (IRS master file)
201 ELM ST, SWEETWATER, TX 79556-4523
In care of
% SECURITY BANK
Signed the 990-PF
WAYNE CHOWNING, TRUST ADMINISTRATOR
Phone
(806) 687-1508
Return prepared by
MCMAHON VINSON HUBBARD & ARMSTRONG LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
75-2485347
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,863,497
Income (IRS master file)
$2,030,514

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,745,520$114,994$2,863,497IRS
990-PFDecember 2023$94,481$119,226$1,232,971XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 75-2485347).

Questions about JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION

What is the EIN of JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION?
The employer identification number (EIN) of JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION is 75-2485347.
Is JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION 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 JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does JOSEPHINE WHEELER AND J A WHEELER MEMORIAL FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,745,520, expenses of $114,994 and total assets of $2,863,497 at year end.

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