Nonprofit · EIN 75-6023767
J F MADDOX FOUNDATION
Tax-exempt · HOBBS, NM 88241
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $14,360,756 | $13,164,858 | $1,195,898 | $247,296,657 | $0 | $247,296,657 |
| December 31, 2023 | 990-PF | $9,585,770 | $16,682,563 | -$7,096,793 | $246,101,367 | $608 | $246,100,759 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $3,383,795
- Interest
- $5,231,939
- Net gain from sales of assets
- $3,846,741
- Other income
- $1,898,281
Expenses
- Grants and similar amounts paid
- $4,160,529
- Compensation of officers, directors and key employees
- $1,029,325
- Salaries, compensation and benefits (total)
- $456,362
- Disbursements for charitable purposes
- $7,153,933
- Excise tax on investment income
- $129,545
Balance sheet and other
- Total assets, start of year
- $246,101,367
- Total assets, end of year
- $247,296,657
- Total liabilities, end of year
- $0
- Net assets, end of year
- $247,296,657
- Fair market value of assets
- $271,771,488
- Qualifying distributions
- $7,590,282
- Net investment income
- $13,693,344
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TJ PARKS PO Box 2588, Hobbs, NM 882412588 | CEO | 40 | $312,000 | $27,049 |
| David Reed PO Box 2588, Hobbs, NM 882412588 | COO/Secretary | 40 | $149,674 | $31,964 |
| Mayra Lovas PO Box 2588, Hobbs, NM 882412588 | Vice President - Grant | 40 | $137,253 | $12,923 |
| Catherine M Maddox PO Box 2588, Hobbs, NM 882412588 | Director | 20 | $83,591 | $0 |
| Sarah Anderson PO Box 2588, Hobbs, NM 882412588 | Grants Administrator Highest-paid employee | 40 | $82,880 | $13,563 |
| KERRI GRAY PO Box 2588, Hobbs, NM 882412588 | DIRECTOR OF FINANCE | 40 | $77,798 | $10,670 |
| Carol A Crossland PO Box 2588, Hobbs, NM 882412588 | Program Associate Highest-paid employee | 40 | $77,139 | $14,184 |
| Hilda Aldrete PO Box 2588, Hobbs, NM 882412588 | Exec. Assistant Highest-paid employee | 40 | $71,309 | $12,198 |
| Kawin J Nunnery PO Box 2588, Hobbs, NM 882412588 | Program Associate Highest-paid employee | 40 | $67,988 | $24,729 |
| Marissa Corral PO Box 2588, Hobbs, NM 882412588 | Accountant Highest-paid employee | 40 | $65,959 | $8,361 |
| Benjamin W Maddox PO Box 2588, Hobbs, NM 882412588 | Director | 5 | $56,271 | $0 |
| Ann M Utterback PO Box 2588, Hobbs, NM 882412588 | Director | 4 | $50,492 | $0 |
| Mariasusana Arvizu PO Box 2588, Hobbs, NM 882412588 | Director | 5 | $47,256 | $0 |
| Paul V Campbell PO Box 2588, Hobbs, NM 882412588 | Director | 4 | $42,091 | $0 |
| John L Maddox PO Box 2588, Hobbs, NM 882412588 | Director | 4 | $39,091 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas M Maddox PO Box 2588, Hobbs, NM 882412588 | Director | 4 | $36,492 |
990-PF for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TJ PARKS PO Box 2588, Hobbs, NM 882412588 | CEO | 40 | $312,600 | $57,474 |
| Kyle Shepard PO Box 2588, Hobbs, NM 882412588 | CFO & Vice President - Finance / Treasurer (thru 12/23) | 40 | $240,833 | $43,368 |
| David Reed PO Box 2588, Hobbs, NM 882412588 | COO/Secretary | 40 | $146,032 | $46,625 |
| Mayra Lovas PO Box 2588, Hobbs, NM 882412588 | Vice President - Grant | 40 | $136,640 | $28,736 |
| Catherine M Maddox PO Box 2588, Hobbs, NM 882412588 | Director | 20 | $92,085 | $0 |
| Sarah Anderson PO Box 2588, Hobbs, NM 882412588 | Grants Administrator Highest-paid employee | 40 | $81,074 | $20,595 |
| Carol A Crossland PO Box 2588, Hobbs, NM 882412588 | Program Associate Highest-paid employee | 40 | $74,827 | $24,553 |
| Hilda Aldrete PO Box 2588, Hobbs, NM 882412588 | Exec. Assistant Highest-paid employee | 40 | $70,143 | $25,724 |
| MARISSA N CORRAL PO Box 2588, Hobbs, NM 882412588 | Accountant Highest-paid employee | 40 | $64,456 | $15,663 |
| Kawin J Nunnery PO Box 2588, Hobbs, NM 882412588 | Program Associate Highest-paid employee | 40 | $62,942 | $31,438 |
| Benjamin W Maddox PO Box 2588, Hobbs, NM 882412588 | Director | 5 | $50,204 | $0 |
| John L Maddox PO Box 2588, Hobbs, NM 882412588 | Director | 6 | $49,734 | $0 |
| Ann M Utterback PO Box 2588, Hobbs, NM 882412588 | Director | 4 | $48,984 | $0 |
| Mariasusana Arvizu PO Box 2588, Hobbs, NM 882412588 | Director | 6 | $47,039 | $0 |
| Paul V Campbell PO Box 2588, Hobbs, NM 882412588 | Director | 6 | $47,039 | $0 |
| Thomas M Maddox PO Box 2588, Hobbs, NM 882412588 | Director | 7 | $37,984 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2588, HOBBS, NM 88241-2588
- Signed the 990-PF
- Kerry Gray, Director of Finance
- Phone
- (575) 393-6338
- Website
- www.jfmaddox.org
- Return prepared by
- CROWE 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 75-6023767
- 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
- 1964
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $247,296,657
- Income (IRS master file)
- $14,360,756
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $14,360,756 | $13,164,858 | $247,296,657 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $9,585,770 | $16,682,563 | $246,101,367 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 75-6023767).
Questions about J F MADDOX FOUNDATION
- What is the EIN of J F MADDOX FOUNDATION?
- The employer identification number (EIN) of J F MADDOX FOUNDATION is 75-6023767.
- Is J F MADDOX FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to J F MADDOX FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does J F MADDOX FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of J F MADDOX 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 J F MADDOX 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 J F MADDOX FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $312,000 (TJ PARKS, CEO).
- How much revenue does J F MADDOX FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,360,756, expenses of $13,164,858 and total assets of $247,296,657 at year end.
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