Nonprofit · EIN 75-2647791
TYE ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · TYE, TX 79563
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $478,388 | $98,568 | $379,820 | $1,775,819 | $46,200 | $1,729,619 |
| September 30, 2024 | 990 | $380,462 | $92,815 | $287,647 | $1,351,347 | $1,548 | $1,349,799 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $435,374
- Investment income
- $27,503
- Net rental income
- $8,100
- Other revenue
- $15,511
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $26,993
- Salaries, compensation and benefits (total)
- $44,473
- Professional fundraising fees
- $0
- Legal fees
- $525
- Accounting fees
- $7,000
- Travel
- $906
- Depreciation
- $6,680
- Program services (functional)
- $98,568
Balance sheet and other
- Total assets, start of year
- $1,351,347
- Total assets, end of year
- $1,775,819
- Total liabilities, end of year
- $46,200
- Net assets, end of year
- $1,729,619
- Land, buildings and equipment
- $493,474
- Net assets without donor restrictions
- $1,729,619
- Gross receipts
- $478,388
- Employees
- 3
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George Deffenbaugh | President Trustee or director, Officer | 1 | $0 |
| Linda Parsons | Director Trustee or director | 1 | $0 |
| Ken Arnold | Director Trustee or director | 1 | $0 |
| Barbara Kotrlik | Secretary Trustee or director, Officer | 1 | $0 |
| Janie Ritter | Vice President Trustee or director, Officer | 1 | $0 |
| Danelle Flippo | Director Trustee or director | 1 | $0 |
| Amye Butler Amerine | Director Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George Deffenbaugh | President Trustee or director, Officer | 1 | $0 |
| Linda Parsons | Director Trustee or director | 1 | $0 |
| Ken Arnold | Director Trustee or director | 1 | $0 |
| Cody Ellis | Executive Dir. Trustee or director, Officer | 1 | $0 |
| Barbara Kotrlik | Secretary Trustee or director, Officer | 1 | $0 |
| Janie Ritter | Vice President Trustee or director, Officer | 1 | $0 |
| Danielle Flippo | Director Trustee or director | 1 | $0 |
| Amye Butler Amerine | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 125, TYE, TX 79563-0125
- Principal officer (990 for 2024)
- George Deffenbaugh, PO Box 125, Tye, TX 795630125
- Signed the 990
- George Deffenbaugh, President
- Phone
- (325) 695-8253
- Website
- cityoftyeedc.org
- Return prepared by
- MERRITT MCLANE & HAMBY PC
Mission
Economic development for City of Tye, Texas.
Program accomplishments
- Economic development of the City of Tye, TX.Expenses $98,568
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 75-2647791
- 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
- 2002
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N31)
- Assets (IRS master file)
- $1,775,819
- Income (IRS master file)
- $478,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $478,388 | $98,568 | $1,775,819 | XML |
| 990 | September 2024 | $380,462 | $92,815 | $1,351,347 | XML |
| 990 | September 2023 | $278,606 | $104,122 | $1,063,781 | IRS |
| 990 | September 2022 | $321,467 | $216,081 | $1,076,066 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about TYE ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of TYE ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of TYE ECONOMIC DEVELOPMENT CORPORATION is 75-2647791.
- Is TYE ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to TYE ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TYE ECONOMIC 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 TYE ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TYE ECONOMIC 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 TYE ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 names George Deffenbaugh.
- Who are the officers and directors of TYE ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does TYE ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $478,388, expenses of $98,568 and total assets of $1,775,819 at year end.
Other nonprofits in TYE
- RURAL TAYLOR COUNTY AGING SERVICES EIN 75-1920195 · last filed 990 for 2025
- TYE CEMETERY ORGANIZATION EIN 92-2952001 · last filed 990-N for 2025