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Nonprofit · EIN 87-3104295

TEXAS GEOTHERMAL ENERGY ALLIANCE

Tax-exempt · AUSTIN, TX 78749

Financials

$232K$207K2023$188K$156K2024
Revenue Expenses · by fiscal year end
Financials of TEXAS GEOTHERMAL ENERGY ALLIANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$187,500$156,212$31,288$121,905$11,000$110,905
December 31, 2023990$231,726$207,031$24,695$79,617$0$79,617
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$75,000
Membership dues
$112,500

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$135,669
Other expenses
$20,543

Balance sheet and other

Total assets, start of year
$79,617
Total assets, end of year
$121,905
Total liabilities, end of year
$11,000
Net assets, end of year
$110,905
Cash, savings and investments
$79,105
Gross receipts
$187,500

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BARRY SMITHERMANCHAIR & PRESIDENT1$0
MATT WELCHEXECUTIVE VP1$0
BEN SEBREESECRETARY1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
BARRY SMITHERMANCHAIR & PRESIDENT
Trustee or director, Officer
1$0
MATT WELCHEXECUTIVE VP
Trustee or director, Officer
1$0
BEN SEBREESECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
9600 ESCARPMENT BLVD STE 745 # 274, AUSTIN, TX 78749-1983
Mailing address (990-N for 2022)
9600 ESCARPMENT BLVD STE 745 274, austin TX 78749
Principal officer (990-N for 2022)
MATT WELCH, 9600 ESCARPMENT BLVD STE 745 274, AUSTIN TX 78749
Signed the 990-EZ
MATT WELCH, EXECUTIVE VP
Phone
(512) 417-8084
Website
txgea.org
Return prepared by
AVENSON HAMANN CPAS LLP

Mission

A TEXAS-BASED, TEXAS-LED ADVOCACY ORGANIZATION CREATED FOR THE PURPOSE OF ADVANCING GEOTHERMAL ENERGY IN TEXAS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • A BROAD AND INTERDISCIPLINARY GROUP OF ENTITIES ENGAGED IN GEOTHERMAL RESOURCE EXPLORATION, WELL DRILLING, PLANT CONSTRUCTION, RESOURCE PRODUCTION AND MARKETS, INCLUDING REPRESENTATIVES FROM THE OILFIELD SERVICE SECTOR, OIL & GAS OPERATORS, UTILITIES, START-UP COMPANIES WORKING TO ADVANCE GEOTHERMAL RELEVANT TECHNOLOGIES, AND LEADING SCIENTISTS AND ENGINEERS FROM A NUMBER OF ACADEMIC INSTITUTIONS ACROSS 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-3104295
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C01)
Assets (IRS master file)
$121,905
Income (IRS master file)
$187,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$187,500$156,212$121,905XML
990December 2023$231,726$207,031$79,617XML
990-N for 2022
Officer: MATT WELCH
December 31, 2022≤ $50,000 receipts––e-Postcard
990-EZDecember 2022–––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 87-3104295).

Questions about TEXAS GEOTHERMAL ENERGY ALLIANCE

What is the EIN of TEXAS GEOTHERMAL ENERGY ALLIANCE?
The employer identification number (EIN) of TEXAS GEOTHERMAL ENERGY ALLIANCE is 87-3104295.
Is TEXAS GEOTHERMAL ENERGY ALLIANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2024.
Are donations to TEXAS GEOTHERMAL ENERGY ALLIANCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEXAS GEOTHERMAL ENERGY ALLIANCE 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 TEXAS GEOTHERMAL ENERGY ALLIANCE 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 TEXAS GEOTHERMAL ENERGY ALLIANCE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of TEXAS GEOTHERMAL ENERGY ALLIANCE?
The 990-N for 2022 names MATT WELCH.
Who are the officers and directors of TEXAS GEOTHERMAL ENERGY ALLIANCE?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does TEXAS GEOTHERMAL ENERGY ALLIANCE have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $187,500, expenses of $156,212 and total assets of $121,905 at year end.

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