Nonprofit · EIN 46-4481825
IGLESIA PALABRA DE FE DE SHERMAN
Tax-exempt · SHERMAN, TX 75090
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $112,347 | $114,370 | -$2,023 | $570,677 | $167,965 | $402,712 |
| December 31, 2024 | 990 | $207,918 | $175,606 | $32,312 | $590,114 | $185,379 | $404,735 |
| December 31, 2023 | 990 | $90,619 | $88,884 | $1,735 | $557,779 | $183,711 | $374,068 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $112,347
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $5,379
- Compensation of officers, directors and key employees
- $26,500
- Salaries, compensation and benefits (total)
- $28,527
- Professional fundraising fees
- $0
- Accounting fees
- $2,400
- Occupancy
- $39,316
- Travel
- $235
- Depreciation
- $20,709
Balance sheet and other
- Total assets, start of year
- $590,114
- Total assets, end of year
- $570,677
- Total liabilities, end of year
- $167,965
- Net assets, end of year
- $402,712
- Land, buildings and equipment
- $517,191
- Gross receipts
- $112,347
- Employees
- 0
- Year formed
- 2015
- State of legal domicile
- TX
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VALENTIN SALINAS | SENIOR PASTOR Trustee or director | 40 | $26,500 |
| KEITH BURGOS | DIRECTOR Trustee or director | 10 | $0 |
| VALENTIN JR SALINAS | DIRECTOR Trustee or director | 20 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VALENTIN SALINAS | SENIOR PASTOR Trustee or director | 40 | $26,500 |
| KEITH BURGOS | DIRECTOR Trustee or director | 10 | $0 |
| VALENTIN JR SALINAS | DIRECTOR Trustee or director | 20 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VALENTIN SALINAS | SENIOR PASTOR Trustee or director | – | $0 |
| KEITH BURGOS | DIRECTOR Trustee or director | – | $0 |
| VALENTIN JR SALINAS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 601 N HARRISON AVE, SHERMAN, TX 75090-4608
- In care of
- % VALENTIN SALINAS
- Principal officer (990 for 2025)
- VALENTIN SALINAS, 601 N HARRISON AVE, SHERMAN, TX 75090
- Signed the 990
- VALENTIN SALINAS, PASTOR
- Phone
- (903) 327-5527
- Return prepared by
- Luigis Multiservice Advisors LLC
Mission
MISSION TRIPS TO MEXICO, AND CHILDREN'S PROGRAMS
Program accomplishments
- MISSIONS TRIPS TO MEXICO AND CHILDRENS PROGRAMSExpenses $4,557
- DONATIONS TO MEMBERS IN HELPExpenses $5,379
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4481825
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Not required (church)
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $570,677
- Income (IRS master file)
- $112,347
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $112,347 | $114,370 | $570,677 | IRS |
| 990 | December 2024 | $207,918 | $175,606 | $590,114 | IRS |
| 990 | December 2023 | $90,619 | $88,884 | $557,779 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 46-4481825).
Questions about IGLESIA PALABRA DE FE DE SHERMAN
- What is the EIN of IGLESIA PALABRA DE FE DE SHERMAN?
- The employer identification number (EIN) of IGLESIA PALABRA DE FE DE SHERMAN is 46-4481825.
- Is IGLESIA PALABRA DE FE DE SHERMAN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to IGLESIA PALABRA DE FE DE SHERMAN tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IGLESIA PALABRA DE FE DE SHERMAN file?
- Form Not required (church). Churches are not required to file.
- When is the next return of IGLESIA PALABRA DE FE DE SHERMAN due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IGLESIA PALABRA DE FE DE SHERMAN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IGLESIA PALABRA DE FE DE SHERMAN?
- The 990 for the year ended December 31, 2025 names VALENTIN SALINAS.
- Who are the officers and directors of IGLESIA PALABRA DE FE DE SHERMAN?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $26,500 (VALENTIN SALINAS, SENIOR PASTOR).
- How much revenue does IGLESIA PALABRA DE FE DE SHERMAN have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $112,347, expenses of $114,370 and total assets of $570,677 at year end.
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