Nonprofit · EIN 85-3809132
ERMA CENTER FOUNDATION
Tax-exempt · RIVIERA, TX 78379
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $8,083,630 | $741,207 | $7,342,423 | $22,277,239 | $0 | $22,277,239 |
| December 31, 2023 | 990-PF | $3,342,451 | $56,190 | $3,286,261 | $14,888,954 | $0 | $14,888,954 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,928,492
- Dividends
- $9,650
- Interest
- $19,762
- Net gain from sales of assets
- $104,576
- Other income
- $21,150
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $168,416
- Excise tax on investment income
- $60,901
Balance sheet and other
- Total assets, start of year
- $14,888,954
- Total assets, end of year
- $22,277,239
- Total liabilities, end of year
- $0
- Net assets, end of year
- $22,277,239
- Fair market value of assets
- $22,277,239
- Qualifying distributions
- $168,416
- Net investment income
- $4,384,670
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 |
|---|---|---|---|
| BILL COLSTON JR PO BOX 997, RIVIERA, TX 78379 | DIRECTOR | 25 | $0 |
| BILLY COLSTON III PO BOX 997, RIVIERA, TX 78379 | DIRECTOR | 20 | $0 |
| LESLIE COLSTON PO BOX 997, RIVIERA, TX 78379 | DIRECTOR | 10 | $0 |
| JUDY COLSTON PO BOX 997, RIVIERA, TX 78379 | DIRECTOR | 4 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL COLSTON JR PO BOX 997, RIVIERA, TX 78379 | DIRECTOR | 25 | $0 |
| BILLY COLSTON III PO BOX 997, RIVIERA, TX 78379 | DIRECTOR | 20 | $0 |
| LESLIE COLSTON PO BOX 997, RIVIERA, TX 78379 | DIRECTOR | 10 | $0 |
| JUDY COLSTON PO BOX 997, RIVIERA, TX 78379 | DIRECTOR | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 997, RIVIERA, TX 78379-0997
- In care of
- % BILL COLSTON III
- Signed the 990-PF
- BILLY COLSTON III, PRINICPAL OFFICER
- Phone
- (361) 296-3232
- Return prepared by
- HEARD MCELROY & VESTAL LLC
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
- 85-3809132
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $22,277,239
- Income (IRS master file)
- $12,340,866
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $8,083,630 | $741,207 | $22,277,239 | XML |
| 990-PF | December 2023 | $3,342,451 | $56,190 | $14,888,954 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 85-3809132).
Questions about ERMA CENTER FOUNDATION
- What is the EIN of ERMA CENTER FOUNDATION?
- The employer identification number (EIN) of ERMA CENTER FOUNDATION is 85-3809132.
- Is ERMA CENTER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ERMA CENTER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does ERMA CENTER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ERMA CENTER 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 ERMA CENTER 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 ERMA CENTER FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does ERMA CENTER FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,083,630, expenses of $741,207 and total assets of $22,277,239 at year end.
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All nonprofits in RIVIERA · Texas · Community improvement and capacity building