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Odessa Industrial Development Foundation

  • Odessa, TX
  • Tax-exempt since Aug. 1970
  • EIN: 75-1320228

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.21M (2024)

Expenses
$1.93M (2024)

Total Assets
$18.3M (2024)

Total Liabilities
$35.1k (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,213,199
Expenses
$1,926,686
Net Income
$286,513
Net Assets
$18,298,816
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,000
0.3%
Program Services $0
Investment Income $705,351
31.9%
Bond Proceeds $0
Royalties $2,668
0.1%
Rental Property Income $289,203
13.1%
Net Fundraising $0
Sales of Assets $558,119
25.2%
Net Inventory Sales $0
Other Revenue $651,858
29.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,333,897
Total Liabilities $35,081
Net Assets $18,298,816
Compensation
Key Employees and Officers Compensation Related Other
Daniel J Hollmann (President) $0 $0 $0
Russell Tippen (Vice President) $0 $0 $0
Tracy Jones (Asst. Secretary) $0 $0 $0
Jim Cox (Secretary/Treasurer) $0 $0 $0
Gus Ortega (Past President) $0 $0 $0
Mike Withrow (Land Use Committee Chair) $0 $0 $0
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Document Links

990
Filed on Aug. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,677,957
Expenses
$426,809
Net Income
$1,251,148
Net Assets
$18,012,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $41,546
2.5%
Program Services $0
Investment Income $498,632
29.7%
Bond Proceeds $0
Royalties $4,193
0.2%
Rental Property Income $150,628
9.0%
Net Fundraising $0
Sales of Assets -$270,504
Net Inventory Sales $0
Other Revenue $1,253,462
74.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,055,476
Total Liabilities $43,173
Net Assets $18,012,303
Compensation
Key Employees and Officers Compensation Related Other
Dr James Goates (President) $0 $0 $0
Eddy Shelton (Vice President) $0 $0 $0
Tracy Jones (Asst. Secretary) $0 $0 $0
Wesley Burnett (Secretary) $0 $0 $0
Jim Breaux (Past President) $0 $0 $0
Gus Ortega (Treasurer) $0 $0 $0
Drew Crutcher (Land Use Committee Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 1, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$240,165
Expenses
$1,980,717
Net Income
-$2,220,882
Net Assets
$16,761,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $336,069
Bond Proceeds $0
Royalties $3,426
Rental Property Income $115,238
Net Fundraising $0
Sales of Assets -$2,154,735
Net Inventory Sales $0
Other Revenue $1,459,837
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,813,244
Total Liabilities $52,089
Net Assets $16,761,155
Compensation
Key Employees and Officers Compensation Related Other
Dr James Goates (President) $0 $0 $0
Eddy Shelton (Vice President) $0 $0 $0
Tracy Jones (Asst. Secretary) $0 $0 $0
Wesley Burnett (Secretary) $0 $0 $0
Jim Breaux (Past President) $0 $0 $0
Gus Ortega (Treasurer) $0 $0 $0
Drew Crutcher (Land Use Committee Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 30, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,333,766
Expenses
$1,094,169
Net Income
$1,239,597
Net Assets
$18,982,036
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $409,258
17.5%
Bond Proceeds $0
Royalties $2,383
0.1%
Rental Property Income $136,000
5.8%
Net Fundraising $0
Sales of Assets $1,761,087
75.5%
Net Inventory Sales $0
Other Revenue $25,038
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,133,231
Total Liabilities $151,195
Net Assets $18,982,036
Compensation
Key Employees and Officers Compensation Related Other
Dr James Goates (President) $0 $0 $0
Eddy Shelton (Vice President) $0 $0 $0
Tracy Jones (Asst. Secretary) $0 $0 $0
Wesley Burnett (Secretary) $0 $0 $0
Jim Breaux (Past President) $0 $0 $0
Gus Ortega (Treasurer) $0 $0 $0
Drew Crutcher (Land Use Committee Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on July 30, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,884,601
Expenses
$794,546
Net Income
$1,090,055
Net Assets
$17,049,481
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,000
0.1%
Program Services $0
Investment Income $684,304
36.3%
Bond Proceeds $0
Royalties $2,870
0.2%
Rental Property Income $143,000
7.6%
Net Fundraising $0
Sales of Assets $37,167
2.0%
Net Inventory Sales $0
Other Revenue $1,016,260
53.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,108,652
Total Liabilities $59,171
Net Assets $17,049,481
Compensation
Key Employees and Officers Compensation Related Other
Jim Breaux (President) $0 $0 $0
Dr James Goats (Vice President) $0 $0 $0
Tracy Jones (Asst. Secretary) $0 $0 $0
Wesley Burnett (Secretary) $0 $0 $0
David Boutin (Past President) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 11, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,378,284
Expenses
$742,436
Net Income
$2,635,848
Net Assets
$16,786,532
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $596,883
17.7%
Bond Proceeds $0
Royalties $3,339
0.1%
Rental Property Income $67,000
2.0%
Net Fundraising $0
Sales of Assets $41,556
1.2%
Net Inventory Sales $0
Other Revenue $2,669,506
79.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,859,482
Total Liabilities $72,950
Net Assets $16,786,532
Compensation
Key Employees and Officers Compensation Related Other
David Boutin (President) $0 $0 $0
Jim Breaux (V. President) $0 $0 $0
Dr James Goates (Treasurer) $0 $0 $0
Tracy Jones (Asst. Secretary) $0 $0 $0
Wesley Burnett (Secretary) $0 $0 $0
Judy Hayes (Past President) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 21, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,576,307
Expenses
$1,446,593
Net Income
$1,129,714
Net Assets
$14,321,962
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $538,857
20.9%
Bond Proceeds $0
Royalties $2,820
0.1%
Rental Property Income $70,358
2.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,964,272
76.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,213,282
Total Liabilities $891,320
Net Assets $14,321,962
Compensation
Key Employees and Officers Compensation Related Other
David Boutin (President) $0 $0 $0
Jim Breaux (V. President) $0 $0 $0
Dr James Goates (Treasurer) $0 $0 $0
Tracy Jones (Asst. Secretary) $0 $0 $0
Wesley Burnett (Secretary) $0 $0 $0
Judy Hayes (Past President) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$578,377
Expenses
$389,516
Net Income
$188,861
Net Assets
$13,163,259
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,000
0.2%
Program Services $0
Investment Income $521,763
90.2%
Bond Proceeds $0
Royalties $3,034
0.5%
Rental Property Income $50,000
8.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,580
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,184,321
Total Liabilities $21,062
Net Assets $13,163,259
Compensation
Key Employees and Officers Compensation Related Other
Craig Van Amburgh (President) $0 $0 $0
Judy Hayes (V. President) $0 $0 $0
David Boutin (Treasurer) $0 $0 $0
Tracy Jones (Assst. Secretary) $0 $0 $0
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Document Links

990
Filed on Aug. 5, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$695,286
Expenses
$297,247
Net Income
$398,039
Net Assets
$12,294,586
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $664,118
95.5%
Bond Proceeds $0
Royalties $3,562
0.5%
Rental Property Income $25,250
3.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,356
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,314,240
Total Liabilities $19,654
Net Assets $12,294,586
Compensation
Key Employees and Officers Compensation Related Other
Austin Keith (President) $0 $0 $0
Craig Van Amburgh (V. President) $0 $0 $0
Judy Hayes (Treasurer) $0 $0 $0
Tracy Jones (Assst. Secretary) $0 $0 $0
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Document Links

990
Filed on Aug. 2, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,411,338
Expenses
$3,164,459
Net Income
-$753,121
Net Assets
$12,562,193
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $645,007
26.7%
Bond Proceeds $0
Royalties $5,956
0.2%
Rental Property Income $3,580
0.1%
Net Fundraising $0
Sales of Assets $1,722,969
71.5%
Net Inventory Sales $0
Other Revenue $33,826
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,164,767
Total Liabilities $602,574
Net Assets $12,562,193
Compensation
Key Employees and Officers Compensation Related Other
David Duree (President) $0 $0 $0
Craig Van Amburgh (V. President) $0 $0 $0
Austin Keith (Treasurer) $0 $0 $0
Scott Jones (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 11, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,005,158
Expenses
$746,808
Net Income
$3,258,350
Net Assets
$13,955,351
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $396,593
9.9%
Bond Proceeds $0
Royalties $25,669
0.6%
Rental Property Income $2,250
0.1%
Net Fundraising $0
Sales of Assets $3,492,091
87.2%
Net Inventory Sales $0
Other Revenue $88,555
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,999,182
Total Liabilities $43,831
Net Assets $13,955,351
Compensation
Key Employees and Officers Compensation Related Other
Dale Holloway (President) $0 $0 $0
David Duree (V. President) $0 $0 $0
Craig Van Amburgh (Treasurer) $0 $0 $0
Guy Andrews (Secretary) $0 $0 $0
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Document Links

990
Filed on Aug. 5, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,655,175
Expenses
$927,895
Net Income
$1,727,280
Net Assets
$10,102,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $194,191
7.3%
Bond Proceeds $0
Royalties $5,548
0.2%
Rental Property Income $5,250
0.2%
Net Fundraising $0
Sales of Assets $2,423,612
91.3%
Net Inventory Sales $0
Other Revenue $26,574
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,169,709
Total Liabilities $67,140
Net Assets $10,102,569

Document Links

990
Filed on Sept. 25, 2013

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,318,019
Expenses
$350,366
Net Income
$1,967,653
Net Assets
$8,183,782
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,000
0.1%
Program Services $0
Investment Income $122,199
5.3%
Bond Proceeds $0
Royalties $6,299
0.3%
Rental Property Income $11,450
0.5%
Net Fundraising $0
Sales of Assets $1,936,991
83.6%
Net Inventory Sales $0
Other Revenue $238,080
10.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,263,645
Total Liabilities $79,863
Net Assets $8,183,782

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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