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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 45-5521262

IEG GLOBAL CORPORATION

Also known as PAUL POWEN SHIH SOLE MBR

Tax-exempt · GAINESVILLE, VA 20155

Financials

$706K$682K2023$187K$188K2024
Revenue Expenses · by fiscal year end
Financials of IEG GLOBAL CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$187,468$188,051-$583$115,335$351,156-$235,821
December 31, 2023990$705,975$682,079$23,896$207,656$264,474-$56,818
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$157,128
Investment income
$0
Royalties
$30,340
Other revenue
$30,340

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$71,528
Salaries, compensation and benefits (total)
$76,959
Professional fundraising fees
$0
Legal fees
$7,373
Accounting fees
$6,147
Travel
$21,695
Program services (functional)
$188,051

Balance sheet and other

Total assets, start of year
$207,656
Total assets, end of year
$115,335
Total liabilities, end of year
$351,156
Net assets, end of year
-$235,821
Gross receipts
$187,468
Employees
2
Year formed
2012
State of legal domicile
DE

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PAUL SHIHPRESIDENT
Trustee or director, Officer, Key employee, Highest-paid employee
60$0
VICTORIA SHIHTREASURER
Trustee or director
10$0
JIMING HUANGBOARD MEMBER
Trustee or director
2$0
CHE-LI LINBOARD MEMBER
Trustee or director
1$0
JOHN SZEBOARD MEMBER
Trustee or director
1$0
JACK MCGOURTYBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
PAUL SHIHPRESIDENT
Trustee or director, Officer, Key employee, Highest-paid employee
60$68,000
VICTORIA SHIHTREASURER
Trustee or director
10$0
JIMING HUANGBOARD MEMBER
Trustee or director
2$0
CHE-LI LINBOARD MEMBER
Trustee or director
1$0
JOHN SZEBOARD MEMBER
Trustee or director
1$0
JACK MCGOURTYBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
8401 CHURCHSIDE DR, GAINESVILLE, VA 20155-1798
Principal officer (990 for 2024)
PAUL SHIH, 1 CASTRO COURT, BURLINGAME, CA 94010
Signed the 990
PAUL SHIH, PRESIDENT
Phone
(800) 533-7272
Return prepared by
Advanced Reimbursement Technologies Corporation

Mission

The Organization provides financially challenged students the ability to attend short-term programs at top universities in the United States.

990 for the year ended December 31, 2024

Program accomplishments

  • Student Exchange Program
    Expenses $188,051 · revenue $187,468

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-EZ for IEG GLOBAL CORPORATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
45-5521262
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$115,335
Income (IRS master file)
$187,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$187,468$188,051$115,335IRS
990December 2023$705,975$682,079$207,656XML
990December 2022$356,881$468,346$245,538IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 45-5521262).

Questions about IEG GLOBAL CORPORATION

What is the EIN of IEG GLOBAL CORPORATION?
The employer identification number (EIN) of IEG GLOBAL CORPORATION is 45-5521262.
Is IEG GLOBAL CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to IEG GLOBAL CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IEG GLOBAL CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IEG GLOBAL CORPORATION 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 IEG GLOBAL CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of IEG GLOBAL CORPORATION?
The 990 for the year ended December 31, 2024 names PAUL SHIH.
Who are the officers and directors of IEG GLOBAL CORPORATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does IEG GLOBAL CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $187,468, expenses of $188,051 and total assets of $115,335 at year end.

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