Texas Limousin Association

Not tax-deductible

Allison, TX501(c)(5)Mutual / membership EIN 75-1336278Revenue $38K in FY2024Files the 990-N e-Postcard (latest 2025). Last full Form 990: 2024.

On file with the IRStexaslimousin.comAllison, TXTax-exempt since Jul 1971

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Promoting the Limousin breed of cattle by educating the general public through sponsorships of sales of cattle and the exhibition and showing of the breed at various local, state and national livestock shows.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 75-1336278) · Dispute this line
501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
76¢ of each $1 spent went to programs.
$6K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest 990-N e-Postcard
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $2K a year · 2% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
76% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6K
to officers and key staff · 14% of spending
Pay to officers and key staff is 14% of spending.
Part VII, Section A
11.2 mo
of spending, in cash
11.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
0
of 9 voting members
None of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$38K
-26% vs prior year
Spent
$43K
To programs
76%
Net assets
$41K
By yearFY2020–FY2024
Revenue
$38K
FY2024▼ -26%
Tap a bar for its year
Revenue by fiscal year
FY2020$107K
FY2021$194K
FY2022$133K
FY2023$51K
FY2024$38K
Expenses
$43K
FY2024▼ -23%
Tap a bar for its year
Expenses by fiscal year
FY2020$105K
FY2021$203K
FY2022$108K
FY2023$56K
FY2024$43K
Net assets
$41K
FY2024▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$24K
FY2021$25K
FY2022$50K
FY2023$46K
FY2024$41K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Files the 990-N e-Postcard (latest 2025). Last full Form 990: 2024. IRS ruling in Jul 1971.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $33K Management & general 24% · $10K

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

10 people listed on the 990; $6K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Secretary
$3,500Pt VII · Sec A
Past Executive Secretary
$2,500Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Ex Officio
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Leighton Chachere$2,500$9,520$14,100$8,520$2,000
Brittni Allerkamp————$4,500
Hayley Begert$3,500————

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.

See Texas Limousin Association executive salaries →

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 15aNo

Programs and updates

Promotes Limousin cattle through public education, sales sponsorships, and livestock show exhibitions.

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3 programs · $31K · in their own filed words · FY2024
01

Texas junior limousin association field day

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 75-1336278) · Dispute this line
$21Kprogram expense
02

Cattle Sale Management

Oversee the consignment and sale of registered limousin cattle to purchases of registered limousin cattle.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 75-1336278) · Dispute this line
$10Kprogram expense
03

Provide information on the limousin breed of cattle through conferences and conventions

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 75-1336278) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$38K
Ln 12
Fees for servicesLn 2g$30K
Gifts and grantsLn 1h$6K
Investment incomeLn 3$1K
Money outPt IX
$43K
Ln 25
Programscol B$33K
Managementcol C$10K
Owns and owesPt X
$41K
net assets · Ln 32
Cash and savingsLn 1–2$40K
Total assetsLn 16$41K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6K
Fees for servicesLn 2g$30K
Investment incomeLn 3$1K
Other incomeLn 4–11$90
Total revenueLn 12$38K
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$28K
Cash and savings togetherLn 1–2$40K
Land, buildings, equipmentLn 10c$330
Other assetsLn 15$300
Total assetsLn 16$41K
LiabilitiesLn 26$0
Net assetsLn 32$41K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$45K$40K
Land, buildings, equipmentLn 10c$330$330
Total assetsLn 16$46K$41K
LiabilitiesLn 26$0$0
Net assetsLn 32$46K$41K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1K$1K
Pay of officers and key staff (Part IX, line 5)Ln 5$6K$6K
Accounting feesLn 11c$1K$1K
Office expensesLn 13$3K$3K
InsuranceLn 23$173$173
Other expenses (24a–d)Ln 24$32K$32K
Total functional expensesLn 25$43K$33K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Aug 19, 2025 $38K$43K−$5K$41K 990 PDF
FY2023Filed with the IRS Oct 29, 2024 $51K$56K−$5K$46K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $133K$108K$25K$50K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $194K$203K−$9K$25K 990 PDF
FY2020Filed with the IRS Nov 20, 2021 $107K$105K$2K$24K 990 PDF

Files the 990-N e-Postcard (latest 2025). Last full Form 990: 2024. The 990-N has no money details, and postcard years before 2025 are not published by the IRS.

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $37,956 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,161$6,450
I-9 Program service revenuePrior year $33,532$30,242
I-10 Investment incomePrior year $0$1,174
I-11 Other revenuePrior year $8,440$90
I-12 Total revenuePrior year $51,133$37,956
I-13 Grants and similar amounts paidPrior year $0$1,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $9,520$6,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $46,125$35,935
I-18 Total expensesPrior year $55,645$42,935
I-19 Revenue less expensesPrior year −$4,512−$4,979
Part VI · Governance 0 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $37,956 across 7 lines filed
VIII-1b Membership dues$5,950
VIII-1f All other contributions, gifts and grants$500
VIII-1h Total contributions, gifts and grants$6,450
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $30,242$30,242
VIII-3 Investment incomeRelated to mission $1,174$1,174
VIII-8 Net income from fundraising eventsExcluded from tax $90$90
VIII-12 Total revenueRelated to mission $31,416 · Unrelated business $0 · Excluded from tax $90$37,956
Part IX · Statement of functional expenses $42,935 across 6 lines filed
IX-2 Grants to domestic individualsPrograms $1,000$1,000
IX-5 Pay of officers and key staff (Part IX, line 5)Management $6,000$6,000
IX-11c Accounting feesManagement $1,000$1,000
IX-13 Office expensesManagement $3,064$3,064
IX-23 InsuranceManagement $173$173
IX-24 Other expenses (24a–d)Programs $31,698$31,698
IX-25 Total functional expensesPrograms $32,698 · Management $10,237 · Fundraising $0$42,935
Part X · Balance sheet $40,748 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $17,220$12,241
X-2 Savings and temporary cash investmentsStart of year $27,877$27,877
X-10c Land, buildings and equipment, netStart of year $330$330
X-15 Other assetsStart of year $300$300
X-16 Total assetsStart of year $45,727$40,748
X-26 Total liabilitiesStart of year $0$0
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $45,727$40,748
X-32 Total net assets or fund balancesStart of year $45,727$40,748
X-33 Total liabilities and net assetsStart of year $45,727$40,748
Part XI · Reconciliation of net assets $40,748 net assets at year end
XI-1 Total revenue$37,956
XI-2 Total expenses$42,935
XI-3 Revenue less expenses−$4,979
XI-4 Net assets at start of year$45,727
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$40,748

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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