Nonprofit · EIN 84-2054790
DECOURSEY PROPERTIES
Tax-exempt · AMARILLO, TX 79101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $88,410 | $315,721 | -$227,311 | $11,115,131 | $13,390 | $11,101,741 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,238
- Other revenue
- $87,172
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $37,925
- Accounting fees
- $900
- Depreciation
- $273,691
- Program services (functional)
- $231,723
- Management and general (functional)
- $67,136
- Fundraising (functional)
- $16,862
Balance sheet and other
- Total assets, start of year
- $11,354,590
- Total assets, end of year
- $11,115,131
- Total liabilities, end of year
- $13,390
- Net assets, end of year
- $11,101,741
- Land, buildings and equipment
- $11,057,769
- Net assets without donor restrictions
- $11,101,741
- Gross receipts
- $88,410
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2019
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CLAY STRIBLING | PAST PRESIDENT & CEO Officer | 1 | $0 | $329,765 | $67,343 |
| KERALEE CLAY | PRESIDENT & CEO Officer | 1 | $0 | $165,256 | $28,575 |
| DAVID HURTT | ASSISTANT SECRETARY Officer | 1 | $0 | $136,288 | $25,672 |
| MELANIE SMOOT | VP OF DEVELOPMENT Highest-paid employee | 1 | $0 | $129,224 | $24,806 |
| LARA ESCOBAR | VP OF COMMUNITY INVESTMENT Highest-paid employee | 1 | $0 | $125,529 | $14,768 |
| DYKE ROGERS | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK BIVINS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BOWDEN JONES | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TERRY CAVINESS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TREVOR CAVINESS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE HUGHES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KRISTEN MOUDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID PRESCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD WARE II | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SHARON WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 919 S POLK ST, AMARILLO, TX 79101-3405
- In care of
- % STEVIE JONES
- Principal officer (990 for 2024)
- KERALEE CLAY, 919 S POLK, AMARILLO, TX 79101
- Signed the 990
- KERALEE CLAY, PRESIDENT & CEO
- Phone
- (806) 376-4521
- Return prepared by
- CMMS CPAS & ADVISORS PLLC
Mission
A SUPPORTING ORGANIZATION OF THE AMARILLO AREA FOUNDATION, INC. (AAF) TO 1)ACQUIRE AND RENOVATE REAL PROPERTY THAT WILL BE USED TO HOUSE THE OFFICES AND STAFF OF AAF, AND ALSO THE OPERATIONS OF AAF'S NONPROFIT SERVICE CENTER AND 2)SERVE AS THE RECIPIENT OF CHARITABLE GIFTS OF REAL PROPERTY THAT THE DONOR WOULD OTHERWISE CONVEY DIRECTLY TO AAF.
Program accomplishments
- ACQUIRE AND RENOVATE REAL PROPERTY TO BE USED TO HOUSE OFFICES AND STAFF OF AMARILLO AREA FOUNDATION, INC.Expenses $231,723
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2054790
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $11,115,131
- Income (IRS master file)
- $88,410
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $166,306 | $115,090 | $11,354,590 | IRS |
| 990 | December 2022 | $4,231,028 | $141,696 | $11,929,880 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 DECOURSEY PROPERTIES
- What is the EIN of DECOURSEY PROPERTIES?
- The employer identification number (EIN) of DECOURSEY PROPERTIES is 84-2054790.
- Is DECOURSEY PROPERTIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to DECOURSEY PROPERTIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does DECOURSEY PROPERTIES 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 DECOURSEY PROPERTIES 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 DECOURSEY PROPERTIES 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 DECOURSEY PROPERTIES?
- The 990 for the year ended December 31, 2024 names KERALEE CLAY.
- Who are the officers and directors of DECOURSEY PROPERTIES?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does DECOURSEY PROPERTIES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $88,410, expenses of $315,721 and total assets of $11,115,131 at year end.
Other nonprofits in AMARILLO
- AMARILLO CONVENTION AND VISITORS BUREAU INC EIN 85-3052934 · last filed 990 for 2025
- AMARILLO TRIBUNE EIN 92-2260490 · last filed 990 for 2025
- CENTER CITY OF AMARILLO INC EIN 75-2548311 · last filed 990 for 2025
- INDEPENDENT ELECTRICAL CONTRACTORS INC EIN 75-2743603 · last filed 990-EZ for 2024
- CAMARA DE COMERCIO HISPANA DE AMARILLO EIN 75-2395031 · last filed 990 for 2025
- JUNIOR LEAGUE OF AMARILLO EIN 75-1035793 · last filed 990 for 2025
- SQUARE MILE COMMUNITY DEVELOPMENT EIN 81-3091547 · last filed 990-EZ for 2023
- AMAEXEC ASSOCIATION EIN 20-5999781 · last filed 990 for 2025
All nonprofits in AMARILLO · Texas · Community improvement and capacity building