Nonprofit · EIN 20-5145945
FERNANDO A SALINAS TR
Also known as DAVID GARCIA CO TTEE
Tax-exempt (reinstated) · LAREDO, TX 78042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $365,716 | $899,721 | -$534,005 | $11,682,916 | $161,834 | $11,521,082 |
| December 31, 2023 | 990-PF | $601,135 | $3,606,482 | -$3,005,347 | $12,153,505 | $1,518,999 | $10,634,506 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $869
- Interest
- $10
- Net rental income
- -$27,637
- Net gain from sales of assets
- $80,156
- Other income
- $268,764
Expenses
- Grants and similar amounts paid
- $369,990
- Compensation of officers, directors and key employees
- $250,000
- Salaries, compensation and benefits (total)
- $54,182
- Disbursements for charitable purposes
- $427,996
- Excise tax on investment income
- $3,105
Balance sheet and other
- Total assets, start of year
- $12,153,505
- Total assets, end of year
- $11,682,916
- Total liabilities, end of year
- $161,834
- Net assets, end of year
- $11,521,082
- Fair market value of assets
- $12,953,094
- Qualifying distributions
- $427,996
- Net investment income
- $365,715
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Garcia PO Box 1536, Laredo, TX 78042 | Co-Trustee | 15 | $125,000 |
| Carlos M Zaffirini PO Box 1536, Laredo, TX 78042 | Co-Trustee | 15 | $125,000 |
| Norahi G Rodriguez 126 Coronado Ave 1, Laredo, TX 78043 | Secretary Highest-paid employee | 40 | $54,182 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Garcia PO Box 1536, Laredo, TX 78042 | Co-Trustee | 15 | $125,000 |
| Carlos M Zaffirini PO Box 1536, Laredo, TX 78042 | Co-Trustee | 15 | $125,000 |
| Norahi G Rodriguez 126 Coronado Ave 1, Laredo, TX 78043 | Secretary Highest-paid employee | 40 | $54,398 |
Address and contacts
- Address (IRS master file)
- PO BOX 1536, LAREDO, TX 78042-1536
- Signed the 990-PF
- David Garcia, Co-Trustee
- Phone
- (956) 712-4448
- Return prepared by
- Mejia & Company PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-5145945
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $11,682,916
- Income (IRS master file)
- $603,560
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- August 12, 2013
- Reinstated
- Effective May 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $365,716 | $899,721 | $11,682,916 | IRS |
| 990-PF | December 2023 | $601,135 | $3,606,482 | $12,153,505 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5145945).
Questions about FERNANDO A SALINAS TR
- What is the EIN of FERNANDO A SALINAS TR?
- The employer identification number (EIN) of FERNANDO A SALINAS TR is 20-5145945.
- Is FERNANDO A SALINAS TR tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
- Are donations to FERNANDO A SALINAS TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FERNANDO A SALINAS TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FERNANDO A SALINAS TR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FERNANDO A SALINAS TR last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of FERNANDO A SALINAS TR?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $125,000 (David Garcia, Co-Trustee).
- How much revenue does FERNANDO A SALINAS TR have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $365,716, expenses of $899,721 and total assets of $11,682,916 at year end.
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