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Lorease & Ed Priesmeyer Foundation Inc

  • Huntsville, TX
  • EIN: 76-0307944

Organization summary

Type of Nonprofit

Designated as a Non-exempt charitable trusts.

Summary charts: organization finances over time

Revenue
$406k (2024)

Expenses
$241k (2024)

Total Assets
$819k (2024)

Total Liabilities
$376 (2024)

Years with missing data
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

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$406,208
Expenses
$241,392
Net Income
$164,816
Net Assets
$818,417
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $462
0.1%
Dividends $17,706
4.4%
Sales of Assets $336,501
82.8%
Other Income $51,539
12.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $225,988
93.6%
Compensation of Officers* $36,000
14.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $818,793
Total Liabilities $376
Net Assets $818,417
Compensation
Key Employees and Officers Compensation Other
Candyce F Dixon (Ceo/Board Pr) $36,000 $0
Bill Hefner (Vice Preside) $0 $0
Pamela Hugghins (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on Nov. 17, 2025

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

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$91,817
Expenses
$249,532
Net Income
-$157,715
Net Assets
$657,631
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $106
0.1%
Dividends $18,157
19.8%
Sales of Assets $40,237
43.8%
Other Income $33,317
36.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $217,196
87.0%
Compensation of Officers* $35,000
14.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $657,973
Total Liabilities $342
Net Assets $657,631
Compensation
Key Employees and Officers Compensation Other
Candyce F Dixon (Ceo/Board Pr) $35,000 $0
Bill Hefner (Vice Preside) $0 $0
Pamela Hugghins (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on Feb. 11, 2025

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$178,104
Expenses
$238,950
Net Income
-$60,846
Net Assets
$820,043
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $25
0.0%
Dividends $8,766
4.9%
Sales of Assets $101,988
57.3%
Other Income $63,082
35.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $212,118
88.8%
Compensation of Officers* $24,000
10.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $820,153
Total Liabilities $110
Net Assets $820,043
Compensation
Key Employees and Officers Compensation Other
Candyce F Dixon (Ceo/Board Pr) $24,000 $0
Bill Hefner (Vice Preside) $0 $0
Pamela Hugghins (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on Nov. 16, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$137,154
Expenses
$210,419
Net Income
-$73,265
Net Assets
$880,979
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15
0.0%
Dividends $15,958
11.6%
Sales of Assets $85,530
62.4%
Other Income $28,157
20.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $188,149
89.4%
Compensation of Officers* $24,000
11.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $880,979
Total Liabilities $0
Net Assets $880,979
Compensation
Key Employees and Officers Compensation Other
Candyce F Dixon (Ceo/Board Pr) $24,000 $0
Harry Priesmeyer (Vice Preside) $0 $0
Pamela Hugghins (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on Nov. 15, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$81,777
Expenses
$265,732
Net Income
-$183,955
Net Assets
$956,349
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $11
0.0%
Dividends $11,456
14.0%
Sales of Assets $25,110
30.7%
Other Income $24,774
30.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $239,128
90.0%
Compensation of Officers* $24,000
9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $957,854
Total Liabilities $1,505
Net Assets $956,349
Compensation
Key Employees and Officers Compensation Other
Candyce F Dixon (Ceo/Board Pr) $24,000 $0
Harry Priesmeyer (Vice Preside) $0 $0
Pamela Hugghins (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on Jan. 20, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$133,343
Expenses
$267,404
Net Income
-$134,061
Net Assets
$1,142,243
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $37
0.0%
Dividends $29,888
22.4%
Sales of Assets $63,111
47.3%
Other Income $22,132
16.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $243,191
90.9%
Compensation of Officers* $24,000
9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,142,735
Total Liabilities $492
Net Assets $1,142,243

Document Links

990-PF

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

PDF

Fiscal Year Ending Dec.
2018

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-PF

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

PDF

Fiscal Year Ending Dec.
2017

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-PF

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

PDF

Fiscal Year Ending Dec.
2016

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-PF

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

PDF

Fiscal Year Ending Dec.
2015

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-PF

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

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$80,615
Expenses
$103,582
Net Income
-$22,967
Net Assets
$1,483,606
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15
0.0%
Dividends $32,568
40.4%
Sales of Assets $0
Other Income $8,494
10.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $80,367
77.6%
Compensation of Officers* $30,800
29.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,484,510
Total Liabilities $904
Net Assets $1,483,606

Document Links

990-PF

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

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$82,180
Expenses
$143,815
Net Income
-$61,635
Net Assets
$1,343,861
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $26
0.0%
Dividends $43,805
53.3%
Sales of Assets $0
Other Income $8,143
9.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $102,999
71.6%
Compensation of Officers* $28,800
20.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,344,853
Total Liabilities $992
Net Assets $1,343,861

Document Links

990-PF

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

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$125,150
Expenses
$130,813
Net Income
-$5,663
Net Assets
$1,383,385
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $137
0.1%
Dividends $46,651
37.3%
Sales of Assets $0
Other Income $27,177
21.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $93,382
71.4%
Compensation of Officers* $35,200
26.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,385,127
Total Liabilities $1,742
Net Assets $1,383,385

Document Links

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$122,923
Expenses
$172,275
Net Income
-$49,352
Net Assets
$1,346,144
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $400
0.3%
Dividends $45,682
37.2%
Sales of Assets $0
Other Income $41,211
33.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $124,076
72.0%
Compensation of Officers* $38,400
22.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,347,003
Total Liabilities $859
Net Assets $1,346,144

Document Links

990-PF

Primary tax return for a private foundation'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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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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