Nonprofit · EIN 46-3169468
501 PROCTER STREET INC
Tax-exempt · PORT ARTHUR, TX 77642
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,085 | $2,250 | $25,835 | $514,607 | $0 | $514,607 |
| December 31, 2023 | 990 | $9,674 | $5,512 | $4,162 | $484,219 | $0 | $484,219 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $28,085
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,150
- Management and general (functional)
- $2,250
Balance sheet and other
- Total assets, start of year
- $484,219
- Total assets, end of year
- $514,607
- Total liabilities, end of year
- $0
- Net assets, end of year
- $514,607
- Publicly traded securities
- $162,629
- Net assets without donor restrictions
- $514,607
- Gross receipts
- $483,099
- Employees
- 0
- Year formed
- 2013
- 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 |
|---|---|---|---|
| KAPRINA FRANK | VICE-PRESIDE Officer | – | $0 |
| PAT HOLMES | PRESIDENT Officer | – | $0 |
| ELI ROBERTS | ASSISTANT SE Officer | – | $0 |
| DEBORA SCOTT | SECRETARY Officer | – | $0 |
| MICHAEL SINEGAL | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAPRINA FRANK | VICE-PRESIDE Officer | – | $0 |
| PAT HOLMES | PRESIDENT Officer | – | $0 |
| ELI ROBERTS | ASSISTANT SE Officer | – | $0 |
| DEBORA SCOTT | SECRETARY Officer | – | $0 |
| MICHAEL SINEGAL | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 7725 GOLFHILL DR, PORT ARTHUR, TX 77642-8233
- In care of
- % FLOYD BATISTE
- Principal officer (990 for 2024)
- PAT HOLMES, 7725 GOLFHILL DR, PORT ARTHUR, TX 77642
- Signed the 990
- PAT HOLMES, PRESIDENT
- Phone
- (409) 963-0579
- Return prepared by
- THEOBALD DEMAHY & CO PC
Mission
TO ASSIST THE PORT ARTHUR ECONOMIC DEVELOPMENT CORPORATION IN FINANCING, CONSTRUCTING, REHABILITATING, RENOVATING, REPAIRING, EQUIPING, FURNISHING, AND LEASING THE PORT ARTHUR SAVINGS BUILDING AT 501 PROCTER STREET AND OTHER BUILDINGS IN PORT ARTHUR , TEXAS
Program accomplishments
- TO ASSIST THE PORT ARTHUR ECONOMIC DEVELOPMENT CORPORATION IN FINANCING, CONSTRUCTING, REHABILITATING, RENOVATING, REPAIRING. EQUIPPING, FURNISHING AND LEASING THE PORT ARTHUR SAVINGS BUILDING LOCATED AT 501 PROCTER STREET AND OTHER OLD BUILDINGS IN PORT ARTHUR, TEXAS
- TO ASSIST THE PORT ARTHUR ECONOMIC DEVELOMENT CORPORATION IN FINANCING, CONSTRUCTION, REHABILATION, RENOVATING, REPAIRING, EQUIPPING, FURNISHING, AND LEASING HISTORICAL BUILDINGS IN BLIGHTED AREAS OF DOWNTOWN PORT ARTHUR, TEXAS
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
- 46-3169468
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $514,607
- Income (IRS master file)
- $483,099
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,085 | $2,250 | $514,607 | XML |
| 990 | December 2023 | $9,674 | $5,512 | $484,219 | XML |
| 990 | December 2022 | $0 | $7,665 | $458,576 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 46-3169468).
Questions about 501 PROCTER STREET INC
- What is the EIN of 501 PROCTER STREET INC?
- The employer identification number (EIN) of 501 PROCTER STREET INC is 46-3169468.
- Is 501 PROCTER STREET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to 501 PROCTER STREET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 501 PROCTER STREET 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 501 PROCTER STREET INC 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 501 PROCTER STREET INC 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 501 PROCTER STREET INC?
- The 990 for the year ended December 31, 2024 names PAT HOLMES.
- Who are the officers and directors of 501 PROCTER STREET INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does 501 PROCTER STREET INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $28,085, expenses of $2,250 and total assets of $514,607 at year end.
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All nonprofits in PORT ARTHUR · Texas · Community improvement and capacity building