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Nonprofit · EIN 23-7181343

COLLEGE OF THE MAINLAND FOUNDATION INC

Tax-exempt · TEXAS CITY, TX 77591

Financials

$1.8M$1.4M2022$1.8M$1.8M2023$1.8M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of COLLEGE OF THE MAINLAND FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$1,763,083$1,169,032$594,051$9,603,105$293,657$9,309,448
August 31, 2024990$1,777,012$1,849,242-$72,230$8,648,430$371,704$8,276,726
August 31, 2023990$1,765,764$1,436,965$328,799$7,812,323$95,705$7,716,618
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$1,467,326
Program service revenue
$0
Investment income
$295,757
Other revenue
$0

Expenses

Grants and similar amounts paid
$645,543
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$695,817
Management and general (functional)
$473,215

Balance sheet and other

Total assets, start of year
$8,648,430
Total assets, end of year
$9,603,105
Total liabilities, end of year
$293,657
Net assets, end of year
$9,309,448
Publicly traded securities
$6,912,368
Net assets without donor restrictions
$848,147
Net assets with donor restrictions
$8,461,301
Gross receipts
$1,763,083
Employees
0
Volunteers
20
Year formed
1972
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
TIGE CORNELIUSEXECUTIVE DI
Officer
40$0$104,059$29,137
SANDI BELCHERSECRETARY
Trustee or director, Officer
1$0$0$0
HELEN BREWERCOM PRESIDEN
Trustee or director
1$0$0$0
SUMMER CHAPMANPRESIDENT
Trustee or director, Officer
1$0$0$0
CHRIS DEVRIES DECEASEDVICE PRESIDE
Trustee or director, Officer
1$0$0$0
DON GARTMANTRUSTEE/EX-O
Trustee or director
1$0$0$0
IVAN LANGFORDTREASURER
Trustee or director, Officer
1$0$0$0
TABITHA LEWTONDIRECTOR
Trustee or director
1$0$0$0
BILL MCGARVEYTRUSTEE/EX-O
Trustee or director
1$0$0$0
IMAN MONTGOMERYDIRECTOR
Trustee or director
1$0$0$0
DENISE NAVARROPAST PRESIDE
Trustee or director, Officer
1$0$0$0
DRWARREN NICHOLSPAST COM PRE
Trustee or director
1$0$0$0
SHANNON OSBORNDIRECTOR
Trustee or director
1$0$0$0
SONNY THOLCKENDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended August 31, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LISA M WATSONPAST EXEC DI
Officer
40$0$82,703$23,157
ANITA GARCIAINTERIM ACTI
Officer
40$0$37,955$10,627
SANDI BELCHERSECRETARY
Trustee or director, Officer
1$0$0$0
SUMMER CHAPMANPRESIDENT
Trustee or director, Officer
1$0$0$0
CHRIS DEVRIESVICE PRESIDE
Trustee or director, Officer
1$0$0$0
DON GARTMANTRUSTEE/EX-O
Trustee or director
1$0$0$0
IVAN LANGFORDTREASURER
Trustee or director, Officer
1$0$0$0
TABITHA LEWTONDIRECTOR
Trustee or director
1$0$0$0
BILL MCGARVEYTRUSTEE/EX-O
Trustee or director
1$0$0$0
IMAN MONTGOMERYDIRECTOR
Trustee or director
1$0$0$0
DENISE NAVARROPAST PRESIDE
Trustee or director, Officer
1$0$0$0
DRWARREN NICHOLSCOM PRESIDEN
Trustee or director
1$0$0$0
SHANNON OSBORNDIRECTOR
Trustee or director
1$0$0$0
GARY SCOGGINPAST PRESIDE
Trustee or director, Officer
1$0$0$0
SONNY THOLCKENDIRECTOR
Trustee or director
1$0$0$0
TIGE CORNELIUSCURRENT EXEC
Officer
40$0$0$0
990 for the year ended August 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LISA M WATSONPAST EXEC DI
Officer
40$0$136,323$38,170
ANITA GARCIACURRENT EXEC
Officer
40$0$76,050$21,294
SANDI BELCHERSECRETARY
Trustee or director, Officer
1$0$0$0
SUMMER CHAPMANPRESIDENT
Trustee or director, Officer
1$0$0$0
CHRIS DEVRIESVICE PRESIDE
Trustee or director, Officer
1$0$0$0
DON GARTMANTRUSTEE/EX-O
Trustee or director
1$0$0$0
IVAN LANGFORDTREASURER
Trustee or director, Officer
1$0$0$0
TABITHA LEWTONDIRECTOR
Trustee or director
1$0$0$0
BILL MCGARVEYTRUSTEE/EX-O
Trustee or director
1$0$0$0
IMAN MONTGOMERYDIRECTOR
Trustee or director
1$0$0$0
DENISE NAVARROPAST PRESIDE
Trustee or director, Officer
1$0$0$0
DRWARREN NICHOLSCOM PRESIDEN
Trustee or director
1$0$0$0
SHANNON OSBORNDIRECTOR
Trustee or director
1$0$0$0
GARY SCOGGINPAST PRESIDE
Trustee or director, Officer
1$0$0$0
RON SOKOLDIRECTOR
Trustee or director
1$0$0$0
SONNY THOLCKENDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1200 NORTH AMBURN ROAD STE 219, TEXAS CITY, TX 77591-2435
Principal officer (990 for 2024)
TIGE CORNELIUS, 1200 NORTH AMBURN ROAD STE 219, TEXAS CITY, TX 77591
Signed the 990
TIGE CORNELIUS, EXECUTIVE DIRECTOR
Phone
(409) 933-8674
Return prepared by
KURV INC

Mission

SUPPORT AND ENCOURAGE EDUCATIONAL EXCELLENCE THROUGH THE COLLEGE OF THE MAINLAND. THE FOUNDATION SEEKS TO HEIGHTEN COMMUNITY AWARENESS OF THE MISSION AND ACCOMPLISHMENTS OF THE COLLEGE AND TO FACILITATE THE CREATION OF A STUDENT-CENTERED LEARNING COMMUNITY DEDICATED TO SCHOLARSHIP AND AID FOR EDUCATION.

990 for the year ended August 31, 2025

Program accomplishments

  • SCHOLARSHIP AND AID FOR EDUCATION. 486 STUDENTS RECEIVED SCHOLARSHIPS.
    Expenses $695,817 · grants $645,543

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
23-7181343
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$9,603,105
Income (IRS master file)
$1,763,083

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$1,763,083$1,169,032$9,603,105XML
990August 2024$1,777,012$1,849,242$8,648,430XML
990August 2023$1,765,764$1,436,965$7,812,323XML
990August 2022$2,571,543$1,190,971$7,490,554IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2018–––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 23-7181343).

Questions about COLLEGE OF THE MAINLAND FOUNDATION INC

What is the EIN of COLLEGE OF THE MAINLAND FOUNDATION INC?
The employer identification number (EIN) of COLLEGE OF THE MAINLAND FOUNDATION INC is 23-7181343.
Is COLLEGE OF THE MAINLAND FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to COLLEGE OF THE MAINLAND FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLLEGE OF THE MAINLAND 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 COLLEGE OF THE MAINLAND FOUNDATION INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLLEGE OF THE MAINLAND FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of COLLEGE OF THE MAINLAND FOUNDATION INC?
The 990 for the year ended August 31, 2025 names TIGE CORNELIUS.
Who are the officers and directors of COLLEGE OF THE MAINLAND FOUNDATION INC?
The 990 for the year ended August 31, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does COLLEGE OF THE MAINLAND FOUNDATION INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $1,763,083, expenses of $1,169,032 and total assets of $9,603,105 at year end.

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