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Nonprofit · EIN 75-6042159

EASTLAND INDUSTRIAL FOUNDATION INC

Tax-exempt · EASTLAND, TX 76448

Financials

$72K$39K2022$106K$32K2023$126K$9K2024
Revenue Expenses · by fiscal year end
Financials of EASTLAND INDUSTRIAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$125,538$8,672$116,866$1,018,951$60,000$958,951
June 30, 2024990$106,027$31,590$74,437$902,085$60,000$842,085
June 30, 2023990$71,939$38,546$33,393$827,648$60,000$767,648
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$12,584
Royalties
$112,954
Other revenue
$112,954

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$725
Occupancy
$3,500
Program services (functional)
$8,672

Balance sheet and other

Total assets, start of year
$902,085
Total assets, end of year
$1,018,951
Total liabilities, end of year
$60,000
Net assets, end of year
$958,951
Land, buildings and equipment
$124,195
Net assets without donor restrictions
$958,951
Gross receipts
$125,538
Employees
0
Year formed
1964
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MIKE PERRYPRESIDENT
Trustee or director, Officer
4$0
CARY MEEKSSECTREAS
Trustee or director, Officer
2$0
EMMETT LASATERVICE PRESIDENT
Trustee or director, Officer
2$0
TOMMY WARFORDLEGAL COUNSEL
Trustee or director, Officer
3$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
EMMETT LASATERVICE PRESIDENT
Trustee or director, Officer
2$0
TOMMY WARFORDLEGAL COUNSEL
Trustee or director, Officer
3$0
MIKE PERRYPRESIDENT
Trustee or director, Officer
4$0
CARY MEEKSSECTREAS
Trustee or director, Officer
2$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
EMMETT LASATERVICE PRESIDENT
Trustee or director, Officer
2$0
TOMMY WARFORDLEGAL COUNSEL
Trustee or director, Officer
3$0
MIKE PERRYPRESIDENT
Trustee or director, Officer
4$0
CARY MEEKSSECTREAS
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 351, EASTLAND, TX 76448-0351
In care of
% MIKE PERRY
Signed the 990
MIKE PERRY, PRESIDENT
Phone
(254) 629-2201
Return prepared by
BRISCOE AND ASSOCIATES LLC

Mission

TO PROMOTE INDUSTRY WITHIN THE FOUNDATIONS GEOGRAPHIC AREA

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION CONTINUES ITS ONGOING COOPERATION WITH THE EASTLAND CHAMBER OF COMMERCE, EASTLAND ECONOMIC DEVELOPMENT, INC., AND EASTLAND ASSISTED LIVING, INC. IN EFFORTS TO ATTRACT INDUSTRIES TO THE FOUNDATIONSS GEOGRAPHIC AREA. PROJECTS ARE ON-GOING.
    Expenses $8,672 · revenue $125,538

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
75-6042159
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1965
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,018,951
Income (IRS master file)
$125,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$125,538$8,672$1,018,951XML
990June 2024$106,027$31,590$902,085IRS
990June 2023$71,939$38,546$827,648XML
990June 2022$77,981$21,479$794,255IRS
990June 2021–––IRS
990June 2019–––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 75-6042159).

Questions about EASTLAND INDUSTRIAL FOUNDATION INC

What is the EIN of EASTLAND INDUSTRIAL FOUNDATION INC?
The employer identification number (EIN) of EASTLAND INDUSTRIAL FOUNDATION INC is 75-6042159.
Is EASTLAND INDUSTRIAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1965.
Are donations to EASTLAND INDUSTRIAL FOUNDATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does EASTLAND INDUSTRIAL FOUNDATION 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 EASTLAND INDUSTRIAL FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EASTLAND INDUSTRIAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of EASTLAND INDUSTRIAL FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does EASTLAND INDUSTRIAL FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $125,538, expenses of $8,672 and total assets of $1,018,951 at year end.

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