Nonprofit · EIN 75-0753075
LAKE DIXIE INC
Tax-exempt (reinstated) · CARTHAGE, TX 75633
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $39,250 | $42,262 | -$3,012 | $764,038 | $0 | $764,038 |
| December 31, 2024 | 990 | $64,291 | $71,200 | -$6,909 | $767,050 | $0 | $767,050 |
| December 31, 2023 | 990 | $56,234 | $89,622 | -$33,388 | $773,959 | $0 | $773,959 |
| December 31, 2022 | 990 | $41,674 | $191,850 | -$150,176 | $807,347 | $0 | $807,347 |
| December 31, 2021 | 990 | $582,981 | $41,924 | $541,057 | $957,523 | $0 | $957,523 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $39,250
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $42,262
Balance sheet and other
- Total assets, start of year
- $767,050
- Total assets, end of year
- $764,038
- Total liabilities, end of year
- $0
- Net assets, end of year
- $764,038
- Net assets without donor restrictions
- $764,038
- Gross receipts
- $39,250
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1941
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOMMY HOLMES | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JERRY JONES | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| SCOTT LEE | SECRETARY/TREASURER Trustee or director, Officer | 5 | $0 |
| CLYDE WILSON | MEMBER Trustee or director | 1 | $0 |
| TRAVIS PENNER | MEMBER Trustee or director | 1 | $0 |
| KILLIS LAGRONE | MEMBER Trustee or director | 1 | $0 |
| PAT SMITH | MEMBER Trustee or director | 1 | $0 |
| KENNY MCDANIELS | MEMBER Trustee or director | 1 | $0 |
| JONATHAN HOLDER | MEMBER Trustee or director | 1 | $0 |
| JEFF SMITH | LAKE KEEPER Key employee | 5 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOMMY HOLMES | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JERRY JONES | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| SCOTT LEE | SECRETARY/TREASURER Trustee or director, Officer | 5 | $0 |
| CLYDE WILSON | MEMBER Trustee or director | 1 | $0 |
| TRAVIS PENNER | MEMBER Trustee or director | 1 | $0 |
| KILLIS LAGRONE | MEMBER Trustee or director | 1 | $0 |
| PAT SMITH | MEMBER Trustee or director | 1 | $0 |
| KENNY MCDANIELS | MEMBER Trustee or director | 1 | $0 |
| JONATHAN HOLDER | MEMBER Trustee or director | 1 | $0 |
| JEFF SMITH | LAKE KEEPER Key employee | 5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFF SMITH | LAKE KEEPER Key employee | 5 | $8,663 | $8,663 |
| TOMMY HOLMES | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JERRY JONES | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SCOTT LEE | SECRETARY/TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| CLYDE WILSON | MEMBER Trustee or director | 1 | $0 | $0 |
| TRAVIS PENNER | MEMBER Trustee or director | 1 | $0 | $0 |
| KILLIS LAGRONE | MEMBER Trustee or director | 1 | $0 | $0 |
| PAT SMITH | MEMBER Trustee or director | 1 | $0 | $0 |
| KENNY MCDANIELS | MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN HOLDER | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2022: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOMMY HOLMES | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JERRY JONES | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| SCOTT LEE | SEC/TREAS Trustee or director, Officer | 5 | $0 |
| CLYDE WILSON | MEMBER Trustee or director | 1 | $0 |
| TRAVIS PENNER | MEMBER Trustee or director | 1 | $0 |
| KILLIS LAGRONE | MEMBER Trustee or director | 1 | $0 |
| RODNEY LAWRENCE | MEMBER Trustee or director | 1 | $0 |
| PAT SMITH | MEMBER Trustee or director | 1 | $0 |
| KENNY MCDANIELS | MEMBER Trustee or director | 1 | $0 |
| JONATHAN HOLDER | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2021: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHAYNE SHADOWENS | LAKEKEEPER Key employee | 5 | $5,400 | $5,400 |
| TOMMY HOLMES | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JERRY JONES | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SCOTT LEE | SECRETARY/TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| CLYDE WILSON | MEMBER Trustee or director | 1 | $0 | $0 |
| TRAVIS PENNER | MEMBER Trustee or director | 1 | $0 | $0 |
| KILLIS LAGRONE | MEMBER Trustee or director | 1 | $0 | $0 |
| RODNEY LAWRENCE | MEMBER Trustee or director | 1 | $0 | $0 |
| PAT SMITH | MEMBER Trustee or director | 1 | $0 | $0 |
| KENNY MCDANIELS | MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN HOLDER | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 423, CARTHAGE, TX 75633-0423
- In care of
- % BOBBY CARIKER
- Mailing address (990-N for 2018)
- P O BOX 423, CARTHAGE TX 75633
- Principal officer (990 for 2025)
- SCOTT LEE, P O BOX 423, CARTHAGE, TX 75633
- Principal officer (990-N for 2018)
- SCOTT LEE, 213 N MARKET, CARTHAGE TX 75633
- Signed the 990
- SCOTT LEE, TREASURER
- Phone
- (903) 754-3884
- Return prepared by
- Kathy Ballard
Mission
Organized exclusively for charitable, educational, and scientific purposes; to preserve and protect Lake Dixie and its surroundings and to enhance water quality, fishery, boating safety, as a recreational facility.
Program accomplishments
- PROGRAM EXPENSESExpenses $42,262 · revenue $39,250
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990 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
- 75-0753075
- 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-N (e-Postcard)
- Category (NTEE)
- Environment (C32)
- Assets (IRS master file)
- $764,038
- Income (IRS master file)
- $39,250
Revocation and reinstatement
- Exemption revoked
- February 15, 2019
- Posted by the IRS
- August 21, 2019
- Reinstated
- Effective February 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $39,250 | $42,262 | $764,038 | XML |
| 990 | December 2024 | $64,291 | $71,200 | $767,050 | XML |
| 990 | December 2023 | $56,234 | $89,622 | $773,959 | XML |
| 990 | December 2022 | $41,674 | $191,850 | $807,347 | XML |
| 990 | December 2021 | $582,981 | $41,924 | $957,523 | XML |
| 990-N for 2018 Officer: SCOTT LEE | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 75-0753075).
Questions about LAKE DIXIE INC
- What is the EIN of LAKE DIXIE INC?
- The employer identification number (EIN) of LAKE DIXIE INC is 75-0753075.
- Is LAKE DIXIE INC tax-exempt?
- Yes. The IRS revoked its exemption on February 15, 2019 and reinstated it effective February 15, 2019.
- Are donations to LAKE DIXIE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE DIXIE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LAKE DIXIE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE DIXIE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LAKE DIXIE INC?
- The 990 for the year ended December 31, 2025 names SCOTT LEE.
- Who are the officers and directors of LAKE DIXIE INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does LAKE DIXIE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $39,250, expenses of $42,262 and total assets of $764,038 at year end.
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