Nonprofit · EIN 75-1908534
GILMER INDUSTRIAL FOUNDATION INC
Tax-exempt · GILMER, TX 75644
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $123,875 | $0 | $123,875 | $1,157,780 | $0 | $1,157,780 |
| June 30, 2024 | 990 | $107,959 | $42,758 | $65,201 | $1,033,905 | $0 | $1,033,905 |
| June 30, 2022 | 990 | -$25,399 | $724 | -$26,123 | $1,604,299 | $560,000 | $1,044,299 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $126,061
- Royalties
- $4,142
- Net rental income
- -$6,328
- Net gain from sales of assets
- $114,734
- Other revenue
- -$2,186
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $1,033,905
- Total assets, end of year
- $1,157,780
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,157,780
- Land, buildings and equipment
- $689,283
- Gross receipts
- $326,859
- Employees
- 0
- Year formed
- 1961
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BART AUSTIN | DIRECTOR Trustee or director | – | $0 |
| CHARLIE CANO | DIRECTOR Trustee or director | – | $0 |
| JOHN DEAN | DIRECTOR Trustee or director | – | $0 |
| BEN DODD | DIRECTOR Trustee or director | – | $0 |
| JANICE GAGE | DIRECTOR Trustee or director | – | $0 |
| JOHN MCWHORTER | DIRECTOR Trustee or director | – | $0 |
| LARRY MORSE | DIRECTOR Trustee or director | – | $0 |
| BARRY SMITH | DIRECTOR Trustee or director | – | $0 |
| HADDEN STARNES | DIRECTOR Trustee or director | – | $0 |
| DAVID STEVENSON | DIRECTOR Trustee or director | – | $0 |
| ROBERT WALKER | DIRECTOR Trustee or director | – | $0 |
| PETE HERRMANN | TREASURER Officer | – | $0 |
| DANNY WEEMS | PRESIDENT Officer | – | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BART AUSTIN | DIRECTOR Trustee or director | – | $0 |
| CHARLIE CANO | DIRECTOR Trustee or director | – | $0 |
| JOHN DEAN | DIRECTOR Trustee or director | – | $0 |
| BEN DODD | DIRECTOR Trustee or director | – | $0 |
| JANICE GAGE | DIRECTOR Trustee or director | – | $0 |
| JOHN MCWHORTER | DIRECTOR Trustee or director | – | $0 |
| LARRY MORSE | DIRECTOR Trustee or director | – | $0 |
| BARRY SMITH | DIRECTOR Trustee or director | – | $0 |
| HADDEN STARNES | DIRECTOR Trustee or director | – | $0 |
| DAVID STEVENSON | DIRECTOR Trustee or director | – | $0 |
| ROBERT WALKER | DIRECTOR Trustee or director | – | $0 |
| PETE HERRMANN | TREASURER Officer | – | $0 |
| DANNY WEEMS | PRESIDENT Officer | – | $0 |
990 for the year ended June 30, 2022: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BART AUSTIN | DIRECTOR Trustee or director | – | $0 |
| CHARLIE CANO | DIRECTOR Trustee or director | – | $0 |
| JOHN DEAN | DIRECTOR Trustee or director | – | $0 |
| BEN DODD | DIRECTOR Trustee or director | – | $0 |
| JANICE GAGE | DIRECTOR Trustee or director | – | $0 |
| JOHN MCWHORTER | SECRETARY Trustee or director, Officer | – | $0 |
| LARRY MORSE | DIRECTOR Trustee or director | – | $0 |
| BARRY SMITH | 1ST VICE PRE Trustee or director, Officer | – | $0 |
| HADDEN STAMES | DIRECTOR Trustee or director | – | $0 |
| DAVID STEVENSON | DIRECTOR Trustee or director | – | $0 |
| ROBERT WALKER | DIRECTOR Trustee or director | – | $0 |
| DANNY WEEMS | PRESIDENT Trustee or director, Officer | – | $0 |
| LARRY COWAN | 2ND VICE PRE Officer | – | $0 |
| PETE HERRMANN | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 326, GILMER, TX 75644-0326
- In care of
- % JAMES T DAVIS CPA
- Principal officer (990 for 2024)
- PETE HERRMANN, PO BOX 326, GILMER, TX 75644
- Signed the 990
- DANNY WEEMS, PRESIDENT
- Phone
- (903) 790-7629
- Return prepared by
- JJJ VENTURES INC
Mission
BUSINESS DEVELOPMENT.
Program accomplishments
- THE ORGANIZATION PROVIDES A MEANS FOR THE PROMOTION AND DEVELOPMENT OF NEW AND EXISTING BUSINESSES IN THE GILMER TEXAS AREA.
- THE ORGANIZATION PROVIDES A MEANS FOR THE PROMOTION AND DEVELOPMENT OF NEW AND EXISTING BUSINESSES IN THE GILMER TEXAS AREA.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 75-1908534
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1986
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,157,780
- Income (IRS master file)
- $326,859
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $123,875 | $0 | $1,157,780 | XML |
| 990 | June 2024 | $107,959 | $42,758 | $1,033,905 | XML |
| 990 | June 2023 | -$31,779 | $43,816 | $1,613,914 | IRS |
| 990 | June 2022 | -$25,399 | $724 | $1,604,299 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 75-1908534).
Questions about GILMER INDUSTRIAL FOUNDATION INC
- What is the EIN of GILMER INDUSTRIAL FOUNDATION INC?
- The employer identification number (EIN) of GILMER INDUSTRIAL FOUNDATION INC is 75-1908534.
- Is GILMER INDUSTRIAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1986.
- Are donations to GILMER INDUSTRIAL FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GILMER INDUSTRIAL 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 GILMER INDUSTRIAL FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GILMER INDUSTRIAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GILMER INDUSTRIAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names PETE HERRMANN.
- Who are the officers and directors of GILMER INDUSTRIAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does GILMER INDUSTRIAL FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $123,875, expenses of $0 and total assets of $1,157,780 at year end.
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- EAST TEXAS YAMBOREE ASSOCIATION EIN 75-2184382 · last filed 990 for 2025
- GILMER COUNTRY CLUB EIN 75-0841904 · last filed 990 for 2025
- GLENWOOD WATER SUPPLY CORPORATION EIN 75-1933853 · last filed 990 for 2025
- HANNAH HOUSE MINISTRIES EIN 83-3522448 · last filed 990 for 2025
- LIGHTHOUSE CHRISTIAN ACADEMY EIN 88-3003545 · last filed 990-EZ for 2022