Verne Cooper Foundation Inc

Bonham, TX
Tax-exempt since Oct. 1994
EIN: 75-2547151

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$209k (2024)

Expenses

$127k (2024)

Total Assets

$2.67M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 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 Dec.
2024

Revenue

$208,735

Expenses

$127,406

Net Income

$81,329

Net Assets

$2,667,327

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$37	0.0%
Dividends	$91,238	43.7%
Sales of Assets	$117,460	56.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$124,568	97.8%
Compensation of Officers*	$13,131	10.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,667,327
Total Liabilities	$0
Net Assets	$2,667,327

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$13,131	$0
Keith Kirkland (Trustee)	$0	$0
Claude Caffee (Vp & Trustee)	$0	$0
Karli Fowler (Trustee)	$0	$0
Eugene Kegans (Pres & Trustee)	$0	$0
Mitzi Sherwood (Trustee)	$0	$0

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990-PF

Filed on Oct. 27, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$130,469

Expenses

$108,822

Net Income

$21,647

Net Assets

$2,528,575

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$70	0.1%
Dividends	$83,161	63.7%
Sales of Assets	$47,238	36.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$105,203	96.7%
Compensation of Officers*	$12,550	11.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,528,575
Total Liabilities	$0
Net Assets	$2,528,575

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$12,550	$0
Keith Kirkland (Trustee)	$0	$0
Claude Caffee (Vp & Trustee)	$0	$0
Karli Fowler (Trustee)	$0	$0
Eugene Kegans (Pres & Trustee)	$0	$0
Mitzi Sherwood (Trustee)	$0	$0

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990-PF

Filed on Oct. 21, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$152,237

Expenses

$90,854

Net Income

$61,383

Net Assets

$2,347,373

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$10	0.0%
Dividends	$72,256	47.5%
Sales of Assets	$79,971	52.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$87,008	95.8%
Compensation of Officers*	$11,929	13.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,347,373
Total Liabilities	$0
Net Assets	$2,347,373

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$11,929	$0
Robert Milton (Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Karli Fowler (Trustee)	$0	$0
Eugene Kegans (Pres & Trustee)	$0	$0
Patsi Tindel (Vp & Trustee)	$0	$0

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990-PF

Filed on Oct. 18, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$173,223

Expenses

$86,828

Net Income

$86,395

Net Assets

$2,719,795

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$19	0.0%
Dividends	$77,094	44.5%
Sales of Assets	$96,110	55.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$84,677	97.5%
Compensation of Officers*	$11,478	13.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,719,795
Total Liabilities	$0
Net Assets	$2,719,795

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$11,478	$0
Robert Milton (Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Karli Fowler (Trustee)	$0	$0
Rick Foreman (Trustee)	$0	$0
Eugene Kegans (Pres & Trustee)	$0	$0
Patsi Tindel (Vp & Trustee)	$0	$0

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990-PF

Filed on Oct. 25, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$108,148

Expenses

$98,781

Net Income

$9,367

Net Assets

$2,527,809

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$19	0.0%
Dividends	$74,082	68.5%
Sales of Assets	$34,047	31.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$96,251	97.4%
Compensation of Officers*	$11,366	11.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,527,810
Total Liabilities	$1
Net Assets	$2,527,809

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$11,366	$0
Robert Milton (Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Karli Fowler (Trustee)	$0	$0
Rick Foreman (Trustee)	$0	$0
Eugene Kegans (Pres & Trustee)	$0	$0
Patsi Tindel (Vp & Trustee)	$0	$0

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990-PF

Filed on Nov. 9, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$102,869

Expenses

$113,333

Net Income

-$10,464

Net Assets

$2,443,536

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$27	0.0%
Dividends	$81,666	79.4%
Sales of Assets	$21,176	20.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$108,137	95.4%
Compensation of Officers*	$10,928	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,443,537
Total Liabilities	$1
Net Assets	$2,443,536

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$10,928	$0
Robert Milton (Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Karli Fowler (Trustee)	$0	$0
Rick Foreman (Trustee)	$0	$0
Eugene Kegans (Pres & Trustee)	$0	$0
Patsi Tindel (Vp & Trustee)	$0	$0

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990-PF

Filed on Oct. 28, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$133,047

Expenses

$118,458

Net Income

$14,589

Net Assets

$2,269,774

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$35	0.0%
Dividends	$80,566	60.6%
Sales of Assets	$52,446	39.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$116,114	98.0%
Compensation of Officers*	$10,408	8.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,269,774
Total Liabilities	$0
Net Assets	$2,269,774

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$10,408	$0
Robert Milton (Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Karli Fowler (Trustee)	$0	$0
Eugene Kegans (Pres & Trustee)	$0	$0
Patsi Tindel (Vp & Trustee)	$0	$0

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990-PF

Filed on Oct. 23, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$124,681

Expenses

$128,726

Net Income

-$4,045

Net Assets

$2,255,185

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$30	0.0%
Dividends	$83,146	66.7%
Sales of Assets	$41,505	33.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$126,830	98.5%
Compensation of Officers*	$9,926	7.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,255,185
Total Liabilities	$0
Net Assets	$2,255,185

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$9,926	$0
Hl Milton (Pres/ Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Hal Fowler (Trustee)	$0	$0
Bill Matthews (Trustee)	$0	$0
Eugene Kegans (Vp & Trustee)	$0	$0
Patsi Tindel (Trustee)	$0	$0

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990-PF

Filed on Oct. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$54,902

Expenses

$123,088

Net Income

-$68,186

Net Assets

$2,259,230

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$90	0.2%
Dividends	$96,282	> 100%
Sales of Assets	-$41,470
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$121,010	98.3%
Compensation of Officers*	$9,651	7.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,259,230
Total Liabilities	$0
Net Assets	$2,259,230

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$9,651	$0
Hl Milton (Pres/ Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Hal Fowler (Trustee)	$0	$0
Bill Matthews (Trustee)	$0	$0
Eugene Kegans (Vp & Trustee)	$0	$0
Patsi Tindel (Trustee)	$0	$0

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990-PF

Filed on Aug. 1, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$117,822

Expenses

$133,606

Net Income

-$15,784

Net Assets

$2,327,416

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$41	0.0%
Dividends	$101,997	86.6%
Sales of Assets	$15,784	13.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$132,690	99.3%
Compensation of Officers*	$9,131	6.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,327,416
Total Liabilities	$0
Net Assets	$2,327,416

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$9,131	$0
Hl Milton (Pres/ Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Hal Fowler (Trustee)	$0	$0
Bill Matthews (Trustee)	$0	$0
Eugene Kegans (Vp & Trustee)	$0	$0
Patsi Tindel (Trustee)	$0	$0

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990-PF

Filed on July 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$129,474

Expenses

$132,845

Net Income

-$3,371

Net Assets

$2,343,200

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$59	0.0%
Dividends	$110,176	85.1%
Sales of Assets	$19,239	14.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$129,557	97.5%
Compensation of Officers*	$8,858	6.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,343,200
Total Liabilities	$0
Net Assets	$2,343,200

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$8,858	$0
Hl Milton (Pres/ Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Hal Fowler (Trustee)	$0	$0
Bill Matthews (Trustee)	$0	$0
Eugene Kegans (Vp & Trustee)	$0	$0
Patsi Tindel (Trustee)	$0	$0

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990-PF

Filed on Aug. 10, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$120,255

Expenses

$123,835

Net Income

-$3,580

Net Assets

$2,346,571

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$50	0.0%
Dividends	$109,524	91.1%
Sales of Assets	$10,681	8.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$119,073	96.2%
Compensation of Officers*	$8,516	6.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,346,571
Total Liabilities	$0
Net Assets	$2,346,571

Compensation

Key Employees and Officers	Compensation	Other
Steve Mohundro (S/T, Trustee)	$8,516	$0
Hl Milton (Pres/ Trustee)	$0	$0
Claude Caffee (Trustee)	$0	$0
Hal Fowler (Trustee)	$0	$0
Bill Matthews (Trustee)	$0	$0
Eugene Kegans (Vp & Trustee)	$0	$0
Patsi Tindel (Trustee)	$0	$0

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990-PF

Filed on Aug. 6, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$126,192

Expenses

$121,362

Net Income

$4,830

Net Assets

$2,350,150

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$72	0.1%
Dividends	$115,666	91.7%
Sales of Assets	$10,454	8.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$119,445	98.4%
Compensation of Officers*	$7,952	6.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,350,151
Total Liabilities	$1
Net Assets	$2,350,150

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$112,749

Expenses

$119,346

Net Income

-$6,597

Net Assets

$2,345,320

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$32,187	28.5%
Dividends	$77,857	69.1%
Sales of Assets	$2,705	2.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$117,529	98.5%
Compensation of Officers*	$7,859	6.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,345,321
Total Liabilities	$1
Net Assets	$2,345,320

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Verne Cooper Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $209k (2024)

Expenses $127k (2024)

Total Assets $2.67M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$209k (2024)

Expenses

$127k (2024)

Total Assets

$2.67M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001