Texas Retailers Association

Not tax-deductible

Austin, TX501(c)(6)Since 1960EIN 74-1363627Revenue $842K in FY2025

On file with the IRStxretailers.org1005 Congress Ave Ste 900, 78701-2467 · Austin, TXTax-exempt since Jan 1962

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To be a strong advocate for the retail industry and to provide value added services and programs pertinent to our members.

88¢ of each $1 spent went to programs.
Run by 18 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $57K a year · 8% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$165K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$662K
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$842K
+27% vs prior year
Spent
$896K
To programs
88%
Net assets
$1.7M
By yearFY2020–FY2025
Revenue
$842K
FY2025▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2020$637K
FY2021$681K
FY2022$746K
FY2023$666K
FY2024$662K
FY2025$842K
Expenses
$896K
FY2025▲ +58%
Tap a bar for its year
Expenses by fiscal year
FY2020$658K
FY2021$580K
FY2022$534K
FY2023$653K
FY2024$567K
FY2025$896K
Net assets
$1.7M
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.4M
FY2022$1.3M
FY2023$1.3M
FY2024$1.6M
FY2025$1.7M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1962.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $792K Management & general 10% · $87K Fundraising 2% · $17K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

29 people listed on the 990; $165K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$165,000Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Exec Committee Small Retailer
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Large Retailer Exec Committee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
George Kelemen———$192,217$196,410
John McCord$165,000$145,287$142,286——
Diana Cardona———$85,000$82,255
Justin Williamson————$65,837
Angela Shipp————$14,873

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for retail, offering members valuable services and programs.

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Provided by the organization

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1 program · $792K · in their own filed words · FY2024
01

Provide seminars, newsletters and other educational services for approximately 200 members keeping them informed of industry developments. Improve and protect the welfare of the retail trade in texas through legislative, regulatory and educational projects.

$792Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Fwd US INCFY2023$10K
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$842K
Ln 12
Fees for servicesLn 2g$529K
Gifts and grantsLn 1h$327K
Investment incomeLn 3$48K
Money outPt IX
$896K
Ln 25
Programscol B$792K
Managementcol C$87K
Fundraisingcol D$17K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$301K
Total assetsLn 16$2.3M
LiabilitiesLn 26$662K
PeoplePt VI, VII
29
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$327K
Fees for servicesLn 2g$529K
Investment incomeLn 3$48K
Gains on assetsLn 7−$62K
Total revenueLn 12$842K
Assets in detailPt X, end of year
CashLn 1$301K
Cash and savings togetherLn 1–2$301K
InvestmentsLn 11–13$1.8M
Land, buildings, equipmentLn 10c$10K
Other assetsLn 15$26K
Total assetsLn 16$2.3M
LiabilitiesLn 26$662K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 52
VolunteersI 618
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$310K$301K
InvestmentsLn 11–13$1.7M$1.8M
Land, buildings, equipmentLn 10c$13K$10K
Total assetsLn 16$2.2M$2.3M
LiabilitiesLn 26$665K$662K
Net assetsLn 32$1.6M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$165K$135K$25K$5K
Other salaries and wagesLn 7$74K$61K$11K$2K
Other employee benefitsLn 9$22K$18K$3K$658
Payroll taxesLn 10$18K$15K$3K$551
Management feesLn 11a$51K$51K
Legal feesLn 11b$72K$59K$11K$2K
Accounting feesLn 11c$33K$27K$5K$988
Investment management feesLn 11f$19K$15K$3K$563
Advertising and promotionLn 12$6K$5K$948$190
Office expensesLn 13$2K$2K$317$63
Information technologyLn 14$13K$11K$2K$395
OccupancyLn 16$69K$56K$10K$2K
TravelLn 17$28K$23K$4K$827
InterestLn 20$28K$23K$4K$854
Depreciation, depletion and amortizationLn 22$3K$2K$380$177
InsuranceLn 23$2K$1K$268$54
Other expenses (24a–d)Ln 24$291K$287K$4K$749
Total functional expensesLn 25$896K$792K$87K$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $842K$896K−$55K$1.7M 990 PDF
FY2024 $662K$567K$94K$1.6M 990 PDF
FY2023 $666K$653K$13K$1.3M 990 PDF
FY2022 $746K$534K$212K$1.3M 990 PDF
FY2021 $681K$580K$101K$1.4M 990 PDF
FY2020 $637K$658K−$21K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $841,588 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $25,467$326,774
I-9 Program service revenuePrior year $574,635$529,344
I-10 Investment incomePrior year $61,417−$14,530
I-11 Other revenue$0
I-12 Total revenuePrior year $661,519$841,588
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $191,791$279,601
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $375,576$616,774
I-18 Total expensesPrior year $567,367$896,375
I-19 Revenue less expensesPrior year $94,152−$54,787
Part VI · Governance 18 of 18 board members independent, no flags
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $841,588 across 7 lines filed
VIII-1f All other contributions, gifts and grants$326,774
VIII-1h Total contributions, gifts and grants$326,774
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $518,109 · Unrelated business $11,235$529,344
VIII-3 Investment incomeExcluded from tax $47,752$47,752
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$62,282−$62,282
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $518,109 · Unrelated business $11,235 · Excluded from tax −$14,530$841,588
Part IX · Statement of functional expenses $896,375 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $135,300 · Management $24,750 · Fundraising $4,950$165,000
IX-7 Other salaries and wagesPrograms $60,932 · Management $11,146 · Fundraising $2,229$74,307
IX-9 Other employee benefitsPrograms $17,974 · Management $3,288 · Fundraising $658$21,920
IX-10 Payroll taxesPrograms $15,067 · Management $2,756 · Fundraising $551$18,374
IX-11a Management feesPrograms $51,000$51,000
IX-11b Legal feesPrograms $59,040 · Management $10,800 · Fundraising $2,160$72,000
IX-11c Accounting feesPrograms $27,009 · Management $4,941 · Fundraising $988$32,938
IX-11f Investment management feesPrograms $15,402 · Management $2,817 · Fundraising $563$18,782
IX-12 Advertising and promotionPrograms $5,185 · Management $948 · Fundraising $190$6,323
IX-13 Office expensesPrograms $1,734 · Management $317 · Fundraising $63$2,114
IX-14 Information technologyPrograms $10,799 · Management $1,975 · Fundraising $395$13,169
IX-16 OccupancyPrograms $56,400 · Management $10,317 · Fundraising $2,063$68,780
IX-17 TravelPrograms $22,594 · Management $4,133 · Fundraising $827$27,554
IX-20 InterestPrograms $23,336 · Management $4,269 · Fundraising $854$28,459
IX-22 Depreciation, depletion and amortizationPrograms $2,082 · Management $380 · Fundraising $177$2,639
IX-23 InsurancePrograms $1,467 · Management $268 · Fundraising $54$1,789
IX-24 Other expenses (24a–d)Programs $286,733 · Management $3,745 · Fundraising $749$291,227
IX-25 Total functional expensesPrograms $792,054 · Management $86,850 · Fundraising $17,471$896,375
Part X · Balance sheet $2,326,044 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $309,646$300,562
X-4 Accounts receivableStart of year $129,823$143,307
X-10c Land, buildings and equipment, netStart of year $12,566$9,927
X-11 Publicly traded securitiesStart of year $1,726,832$1,846,540
X-15 Other assetsStart of year $41,672$25,708
X-16 Total assetsStart of year $2,220,539$2,326,044
X-17 Accounts payable and accrued expensesStart of year $23,035$13,438
X-19 Deferred revenueStart of year $277,758$267,937
X-24 Unsecured notes and loans payableStart of year $363,987$380,518
X-26 Total liabilitiesStart of year $664,780$661,893
X-27 Net assets without donor restrictionsStart of year $1,555,759$1,664,151
X-32 Total net assets or fund balancesStart of year $1,555,759$1,664,151
X-33 Total liabilities and net assetsStart of year $2,220,539$2,326,044
Part XI · Reconciliation of net assets $1,664,151 net assets at year end
XI-1 Total revenue$841,588
XI-2 Total expenses$896,375
XI-3 Revenue less expenses−$54,787
XI-4 Net assets at start of year$1,555,759
XI-5 Net unrealized gains (losses) on investments$163,179
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,664,151

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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