Nonprofit · EIN 75-6035743
ABILENE INDUSTRIAL FOUNDATION INC
Tax-exempt · ABILENE, TX 79604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $369,659 | $772,453 | -$402,794 | $1,449,193 | $111,959 | $1,337,234 |
| September 30, 2024 | 990 | $447,631 | $721,454 | -$273,823 | $1,824,196 | $84,168 | $1,740,028 |
| September 30, 2023 | 990 | $758,855 | $663,432 | $95,423 | $2,097,585 | $83,734 | $2,013,851 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $339,000
- of which government grants
- $325,000
- Program service revenue
- $16,220
- Investment income
- $14,439
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $200,279
- Salaries, compensation and benefits (total)
- $242,348
- Professional fundraising fees
- $0
- Accounting fees
- $15,644
- Occupancy
- $19,808
- Travel
- $18,918
- Depreciation
- $2,110
Balance sheet and other
- Total assets, start of year
- $1,824,196
- Total assets, end of year
- $1,449,193
- Total liabilities, end of year
- $111,959
- Net assets, end of year
- $1,337,234
- Land, buildings and equipment
- $3,339
- Net assets without donor restrictions
- $808,505
- Net assets with donor restrictions
- $528,729
- Gross receipts
- $369,659
- Employees
- 0
- Volunteers
- 75
- Year formed
- 1962
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUG PETERS | PRESIDENT AN Officer | 16 | $0 | $300,095 | $52,990 |
| DOUG MCINTYRE | DIRECTOR Trustee or director | 2 | $24,000 | $0 | $0 |
| CASEY CORNUTT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WILL DUGGER | CHAIR Trustee or director, Officer | 3 | $0 | $0 | $0 |
| TED EVANS | CHAIR-ELECT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| LARRY GILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GARY GRUBBS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT HIBBS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SHAUN MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE PEREZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANI RAMSAY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL BOB STARR | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| COLIN ZALESAK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Doug Peters | President Officer | 16 | $0 | $284,329 | $49,057 |
| Michael B Starr | Director Trustee or director | 1 | $0 | $0 | $0 |
| Scott Hibbs | Director Trustee or director | 1 | $0 | $0 | $0 |
| Greg Blair | Director Trustee or director | 1 | $0 | $0 | $0 |
| Larry Gill | Director Trustee or director | 1 | $0 | $0 | $0 |
| Will Dugger | Chair Elect Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Gary Grubbs | Past Chair Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Ted Evans | Secretary-Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Shaun Martin | Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 60 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Doug Peters | President Officer | 13 | $0 | $276,813 | $45,457 |
| Joseph E Canon | Director Trustee or director | 1 | $0 | $0 | $0 |
| Brian Carr | Director Trustee or director | 1 | $0 | $0 | $0 |
| Scott Senter | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mike Fernandez | Director Trustee or director | 1 | $0 | $0 | $0 |
| Dani Ramsay | Director Trustee or director | 1 | $0 | $0 | $0 |
| Norm Archibald | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mary Ross | Director Trustee or director | 1 | $0 | $0 | $0 |
| Ben Russell | Director Trustee or director | 1 | $0 | $0 | $0 |
| DonMark Nickson | Director Trustee or director | 1 | $0 | $0 | $0 |
| Bill Senter | Director Trustee or director | 1 | $0 | $0 | $0 |
| Paul Cannon | Director Trustee or director | 1 | $0 | $0 | $0 |
| HC C Zachry | Director Trustee or director | 1 | $0 | $0 | $0 |
| Keith White | Director Trustee or director | 1 | $0 | $0 | $0 |
| Phillip Poarch | Director Trustee or director | 1 | $0 | $0 | $0 |
| Michael B Starr | Director Trustee or director | 1 | $0 | $0 | $0 |
| Michael D Murphy | Director Trustee or director | 1 | $0 | $0 | $0 |
| Katie Alford | Director Trustee or director | 1 | $0 | $0 | $0 |
| Collin Zalesak | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mike Perez | Director Trustee or director | 1 | $0 | $0 | $0 |
| Heather Guest | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jack Rentz | Director Trustee or director | 1 | $0 | $0 | $0 |
| Natalie Moore | Director Trustee or director | 1 | $0 | $0 | $0 |
| Brad Holland | Director Trustee or director | 1 | $0 | $0 | $0 |
| Darrin Black | Director Trustee or director | 1 | $0 | $0 | $0 |
| Kelly Cheek | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jacob Bunton | Director Trustee or director | 1 | $0 | $0 | $0 |
| Paul Beale | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jimmy Tittle | Director Trustee or director | 1 | $0 | $0 | $0 |
| Daniel Gutierrez | Director Trustee or director | 1 | $0 | $0 | $0 |
| Scott Hibbs | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jim Barr | Director Trustee or director | 1 | $0 | $0 | $0 |
| Joe Crawford | Director Trustee or director | 1 | $0 | $0 | $0 |
| Tucker Bridwell | Director Trustee or director | 1 | $0 | $0 | $0 |
| Charlie Black | Director Trustee or director | 1 | $0 | $0 | $0 |
| Albert Guiterrez | Director Trustee or director | 1 | $0 | $0 | $0 |
| Greg Blair | Director Trustee or director | 1 | $0 | $0 | $0 |
| Brian Bessent | Director Trustee or director | 1 | $0 | $0 | $0 |
| Yvonne Batts | Director Trustee or director | 1 | $0 | $0 | $0 |
| Ron Butler | Director Trustee or director | 1 | $0 | $0 | $0 |
| Russell Guthrie | Director Trustee or director | 2 | $0 | $0 | $0 |
| Larry Gill | Director Trustee or director | 1 | $0 | $0 | $0 |
| Ray Ferguson | Director Trustee or director | 1 | $0 | $0 | $0 |
| Casey Curnutt | Director Trustee or director | 1 | $0 | $0 | $0 |
| Tracy Howle | Director Trustee or director | 1 | $0 | $0 | $0 |
| Marelyn Shedd | Director Trustee or director | 1 | $0 | $0 | $0 |
| Gary Galbraith | Director Trustee or director | 1 | $0 | $0 | $0 |
| Erik Johnson | Director Trustee or director | 1 | $0 | $0 | $0 |
| Dee Moore | Director Trustee or director | 1 | $0 | $0 | $0 |
| James McNeer | Director Trustee or director | 1 | $0 | $0 | $0 |
| Peter Lauve | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jason Darby | Director Trustee or director | 1 | $0 | $0 | $0 |
| Scott Dueser | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mike Dunnahoo | Director Trustee or director | 1 | $0 | $0 | $0 |
| David Eldridge | Director Trustee or director | 1 | $0 | $0 | $0 |
| Seaton Higginbotham | Director Trustee or director | 1 | $0 | $0 | $0 |
| Ted Evans | Secretary-Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Will Dugger | Chair Elect Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Shaun Martin | Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Gary Grubbs | Past Chair Trustee or director, Officer | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2281, ABILENE, TX 79604-2281
- Principal officer (990 for 2024)
- DOUG PETERS
- Signed the 990
- DOUG PETERS, PRESIDENT AND CEO
- Phone
- (325) 673-7349
- Website
- GROWABILENE.COM
- Return prepared by
- ROBERTS & MCGEE CPA PLLC
Mission
THE MISSION OF THE ABILENE REGIONAL GROWTH ALLIANCE IS TO PROMOTE THE GROWTH, DEVELOPMENT, AND DIVERSITY OF THE ECONOMY IN AND AROUND ABILENE, TEXAS.
Program accomplishments
- ECONOMIC DEVELOPMENT - PROGRAMS DESIGNED TO PROMOTE ABILENE THROUGH BUSINESS RETENTION AND EXPANSION, AND ENTREPRENEURIAL, WORKFORCE AND TALENT DEVELOPMENT PROGRAMS.Expenses $583,073
- GOVERNMENTAL AFFAIRS - A PROGRAM TO INCREASE THE VISIBILITY OF ABILENE IN THE STATE LEGISLATURE AND PROVIDE TIMELY INFORMATION ABOUT LAWS OR REGULATIONS AFFECTING STATE AGENCIES WITH LOCATIONS IN ABILENE THAT MIGHT IMPACT THE LOCAL ECONOMY.Expenses $86,251
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 75-6035743
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,449,193
- Income (IRS master file)
- $369,659
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $369,659 | $772,453 | $1,449,193 | XML |
| 990 | September 2024 | $447,631 | $721,454 | $1,824,196 | XML |
| 990 | September 2023 | $758,855 | $663,432 | $2,097,585 | XML |
| 990 | September 2022 | $2,269,166 | $821,696 | $2,100,803 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 75-6035743).
Questions about ABILENE INDUSTRIAL FOUNDATION INC
- What is the EIN of ABILENE INDUSTRIAL FOUNDATION INC?
- The employer identification number (EIN) of ABILENE INDUSTRIAL FOUNDATION INC is 75-6035743.
- Is ABILENE INDUSTRIAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6).
- Are donations to ABILENE INDUSTRIAL FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ABILENE 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 ABILENE INDUSTRIAL FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ABILENE INDUSTRIAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of ABILENE INDUSTRIAL FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names DOUG PETERS.
- Who are the officers and directors of ABILENE INDUSTRIAL FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 13 people; 1 received compensation from the organization.
- How much revenue does ABILENE INDUSTRIAL FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $369,659, expenses of $772,453 and total assets of $1,449,193 at year end.
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- ABILENE CHRISTIAN UNIVERSITY EIN 75-0851900 · last filed 990 for 2025
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- HARDIN-SIMMONS UNIVERSITY EIN 75-0808791 · last filed 990 for 2025
- MCMURRY UNIVERSITY EIN 75-0855633 · last filed 990 for 2025
- HENDRICK PROVIDER NETWORK EIN 75-2660403 · last filed 990 for 2025
- DIAN GRAVES OWEN FOUNDATION EIN 75-2682536 · last filed 990-PF for 2024
- THE WEST TEXAS REHABILITATION CENTER EIN 75-0868320 · last filed 990 for 2024