Nonprofit · EIN 88-2396474
CLEARSHARE HEALTH
Tax-exempt · AUSTIN, TX 78728
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,910,822 | $9,335,124 | -$1,424,302 | $795,208 | $1,143,757 | -$348,549 |
| December 31, 2023 | 990 | $5,567,322 | $4,999,878 | $567,444 | $2,135,522 | $1,059,769 | $1,075,753 |
| December 31, 2022 | 990 | $950,853 | $442,544 | $508,309 | $687,518 | $179,209 | $508,309 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,910,822
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $62,500
- Salaries, compensation and benefits (total)
- $68,199
- Professional fundraising fees
- $0
- Legal fees
- $117,961
- Program services (functional)
- $9,130,750
- Management and general (functional)
- $204,374
Balance sheet and other
- Total assets, start of year
- $2,135,522
- Total assets, end of year
- $795,208
- Total liabilities, end of year
- $1,143,757
- Net assets, end of year
- -$348,549
- Gross receipts
- $7,910,822
- Employees
- 1
- Year formed
- 2022
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 |
|---|---|---|---|---|
| THAD PUCKETT | PRESIDENT Officer | 1 | $0 | $62,500 |
| DOUGLAS R SHERMAN | MANAGER Officer | 1 | $0 | $0 |
| TOMMY JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CARA MCDONALD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STACEY KOEHN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMANDA SOHANEY | SECRETARY Officer | 1 | $0 | $0 |
| DONALD COLLIS | TREASURER Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| THAD PUCKETT | PRESIDENT Officer | 1 | $0 | $98,600 |
| TOMMY JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STACEY KOEHN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CARA MCDONALD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONALD COLLIS | TREASURER Officer | 1 | $0 | $0 |
| AMANDA SOHANEY | SECRETARY Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| THAD PUCKETT | PRESIDENT Officer | 1 | $0 | $16,633 |
| TOMMY JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STACEY KOEHN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CARA MCDONALD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONALD COLLIS | TREASURER Officer | 1 | $0 | $0 |
| AMANDA SOHANEY | SECRETARY Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 14205 N MO PAC EXPY 570 PMB 184255, AUSTIN, TX 78728-6529
- Principal officer (990 for 2024)
- DOUGLAS R SHERMAN, 355 DELAYNE DR, AUSTIN, TX 78737
- Signed the 990
- DOUGLAS R SHERMAN, MANAGER
- Phone
- (512) 550-5870
- Return prepared by
- RASCO WINTER THOMAS GROUP
Mission
CLEARSHARE HEALTH'S MISSION IS TO SUPPORT INDIVIDUALS WHO SHARE A SIMILAR FAITH IN A HIGHER POWERS LOVE FOR PEOPLE AND CARE FOR THE QUALITY OF HEALTHCARE PROVIDED TO FAMILIES AND INDIVIDUALS.
Program accomplishments
- CLEARSHARE HEALTH OFFERS A MEMBERSHIP-BASED, NON-INSURANCE COMMUNITY OF INDIVIDUALS A MEDICAL COST SHARING ARRANGEMENT FOR ELIGIBLE HEALTHCARE EXPENSES. DURING THE YEAR, 4,462 MEMBERS CONTRIBUTED TO THE PROGRAM.Expenses $9,130,750 · revenue $7,910,822
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
- 88-2396474
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $795,208
- Income (IRS master file)
- $7,910,822
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,910,822 | $9,335,124 | $795,208 | XML |
| 990 | December 2023 | $5,567,322 | $4,999,878 | $2,135,522 | XML |
| 990 | December 2022 | $950,853 | $442,544 | $687,518 | XML |
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 CLEARSHARE HEALTH
- What is the EIN of CLEARSHARE HEALTH?
- The employer identification number (EIN) of CLEARSHARE HEALTH is 88-2396474.
- Is CLEARSHARE HEALTH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to CLEARSHARE HEALTH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLEARSHARE HEALTH 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 CLEARSHARE HEALTH 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 CLEARSHARE HEALTH 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 CLEARSHARE HEALTH?
- The 990 for the year ended December 31, 2024 names DOUGLAS R SHERMAN.
- Who are the officers and directors of CLEARSHARE HEALTH?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does CLEARSHARE HEALTH have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,910,822, expenses of $9,335,124 and total assets of $795,208 at year end.
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