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Nonprofit · EIN 75-6053064

LUFKIN INDUSTRIES FOUNDATION

Tax-exempt · LUFKIN, TX 75915

Financials

$111K$151K2023$180K$83K2024
Revenue Expenses · by fiscal year end
Financials of LUFKIN INDUSTRIES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$180,198$83,463$96,735$2,703,527$107,917$2,595,610
December 31, 2023990$110,778$151,216-$40,438$2,427,665$124,204$2,303,461
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$180,198
Net gain from sales of assets
$104,986
Other revenue
$0

Expenses

Grants and similar amounts paid
$78,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,500
Program services (functional)
$78,000
Management and general (functional)
$5,463

Balance sheet and other

Total assets, start of year
$2,427,665
Total assets, end of year
$2,703,527
Total liabilities, end of year
$107,917
Net assets, end of year
$2,595,610
Publicly traded securities
$2,672,906
Gross receipts
$235,339
Employees
0
Year formed
1964
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.

NameTitleHours / weekCompensation
Tim StacyTrustee
Trustee or director
0.1$0
Melinda MooreSecretary/Treas
Trustee or director, Officer
1$0
JoAnn TylerTrustee
Trustee or director
0.1$0
Stephen MontesPresident
Trustee or director, Officer
0.1$0
Jeremy SanfordTrustee
Trustee or director
0.1$0
Stephen ConwayTrustee
Trustee or director
0.1$0
Tina PeavyTrustee
Trustee or director
0.1$0
David BerryTrustee
Trustee or director
0.1$0
Susan FeltsTrustee
Trustee or director
0.1$0
Kelvin ColeTrustee
Trustee or director
0.1$0
Chris WeathersTrustee
Trustee or director
0.1$0
Jordan RobinsonPresident Elect
Trustee or director, Officer
0.1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Tim StacyTrustee
Trustee or director
0.1$0
Melinda MooreSecretary/Treas
Trustee or director, Officer
0.1$0
JoAnn TylerTrustee
Trustee or director
0.1$0
Stephen MontesPresident
Trustee or director, Officer
0.1$0
Jeremy SanfordTrustee
Trustee or director
0.1$0
Stephen ConwayTrustee
Trustee or director
0.1$0
Tina PeavyTrustee
Trustee or director
0.1$0
David BerryTrustee
Trustee or director
0.1$0
Susan FeltsTrustee
Trustee or director
0.1$0
Kelvin ColeTrustee
Trustee or director
0.1$0
Chris WeathersTrustee
Trustee or director
0.1$0
Jordan RobinsonPresident Elect
Trustee or director, Officer
0.1$0

Address and contacts

Address (IRS master file)
PO BOX 152553, LUFKIN, TX 75915-2553
Signed the 990
Tina Peavy, Secretary/Treasurer
Phone
(936) 637-5237
Return prepared by
Goff & Herrington PC

Mission

To grant scholarships to dependent children of Lufkin Industries employees and retirees.

990 for the year ended December 31, 2024

Program accomplishments

  • The sole purpose of the Lufkin Industries Foundation is to provide scholarships to the dependent children of employees or retirees in good standing with Lufkin Industries, Inc. who meet the qualifications for admission to Colleges, Junior Colleges, or Universities. In 2024, eight (8) out of eight (8) applicants were awarded scholarships and recipients received a total of $78,000 from the foundation.
    Expenses $78,000 · grants $78,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-6053064
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,703,527
Income (IRS master file)
$235,339

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$180,198$83,463$2,703,527XML
990December 2023$110,778$151,216$2,427,665XML
990December 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 75-6053064).

Questions about LUFKIN INDUSTRIES FOUNDATION

What is the EIN of LUFKIN INDUSTRIES FOUNDATION?
The employer identification number (EIN) of LUFKIN INDUSTRIES FOUNDATION is 75-6053064.
Is LUFKIN INDUSTRIES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1966.
Are donations to LUFKIN INDUSTRIES FOUNDATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LUFKIN INDUSTRIES FOUNDATION 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 LUFKIN INDUSTRIES FOUNDATION 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 LUFKIN INDUSTRIES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of LUFKIN INDUSTRIES FOUNDATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does LUFKIN INDUSTRIES FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $180,198, expenses of $83,463 and total assets of $2,703,527 at year end.

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