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SWMF PROPERTIES INC

EIN 75-2838956 DALLAS, TX

Revenue 2024
$1,968,965
Expenses 2024
$2,957,284

Program services were 33.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
G11
Classification
1000
Street
3889 MAPLE AVE STE 100

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • DAVID CORRIGAN

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.25 + 0.25 related
  • TUCKER BRIDWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • LELAND BURK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 0.25 related
  • JOHN B POSTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • KIP TINDELL III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25 + 0.25 related
  • DAVID MILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • KYLE MILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • JOHN POSTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • MICHAEL MCMAHAN

    PRESIDENT & CEO

    Total calculated
    $520,322
    From this org
    $0
    From related orgs
    $459,217
    Other
    $61,105
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $411,910 related
    Bonus
    $0 + $47,307 related
    Other
    $0
    Deferred
    $0 + $46,000 related
    Nontaxable benefits
    $0 + $15,105 related
    Filer's total
    $0 + $520,322 related
  • SARAH FLETCHER

    CFO

    Total calculated
    $290,735
    From this org
    $0
    From related orgs
    $262,000
    Other
    $28,735
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $259,000 related
    Bonus
    $0 + $3,000 related
    Other
    $0
    Deferred
    $0 + $26,300 related
    Nontaxable benefits
    $0 + $2,435 related
    Filer's total
    $0 + $290,735 related
  • EMILY DAVIS

    CORPORATE SECRETARY

    Total calculated
    $180,937
    From this org
    $0
    From related orgs
    $150,442
    Other
    $30,495
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $144,442 related
    Bonus
    $0 + $6,000 related
    Other
    $0
    Deferred
    $0 + $21,583 related
    Nontaxable benefits
    $0 + $8,912 related
    Filer's total
    $0 + $180,937 related
  • TRAE HOLMES

    MANAGING DIRECTOR OF ACCOUNTING

    Total calculated
    $198,746
    From this org
    $0
    From related orgs
    $171,865
    Other
    $26,881
    Hours/week
    0.25 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $164,365 related
    Bonus
    $0 + $7,500 related
    Other
    $0
    Deferred
    $0 + $12,075 related
    Nontaxable benefits
    $0 + $14,806 related
    Filer's total
    $0 + $198,746 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,968,965
    Expenses
    $2,957,284
    Contributions
    $0
    Grants paid
    $1,000,000
  • 2023
    Revenue
    $3,148,586
    Expenses
    $6,458,605
    Contributions
    $0
    Grants paid
    $4,200,000
  • 2022
    Revenue
    $4,025,886
    Expenses
    $6,334,636
    Contributions
    $0
    Grants paid
    $3,507,532

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.