Nonprofit · EIN 47-1819542
REVEREND GENG MING SHIH FOUNDATION INC
Tax-exempt · SOMERS, NY 10589
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | -$106,578 | $838,241 | -$944,819 | $20,570,698 | $977,356 | $19,593,342 |
| December 31, 2023 | 990-PF | $6,905,094 | $727,314 | $6,177,780 | $21,324,779 | $986,486 | $20,338,293 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $825,857
- Interest
- $27
- Net gain from sales of assets
- -$936,646
- Other income
- $4,184
Expenses
- Grants and similar amounts paid
- $605,000
- Compensation of officers, directors and key employees
- $90,000
- Disbursements for charitable purposes
- $752,029
- Excise tax on investment income
- $65,020
Balance sheet and other
- Total assets, start of year
- $21,324,779
- Total assets, end of year
- $20,570,698
- Total liabilities, end of year
- $977,356
- Net assets, end of year
- $19,593,342
- Fair market value of assets
- $20,570,698
- Qualifying distributions
- $752,029
- Net investment income
- $4,698,877
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 | Other / benefits |
|---|---|---|---|---|
| GRACE SHIH 108 VILLAGE SQUARE 320, SOMERS, NY 10589 | SECRETARY | 20 | $60,000 | $37,094 |
| ISAAC SHIH 2045 BISCAYNE BLVD 362, MIAMI, FL 33137 | PRESIDENT | 10 | $15,000 | $0 |
| JOAN SHIH 2045 BISCAYNE BLVD 362, MIAMI, FL 33137 | VICE-PRESIDENT/TREASURER | 10 | $15,000 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GRACE SHIH 108 VILLAGE SQUARE 320, SOMERS, NY 10589 | SECRETARY | 20 | $60,000 | $38,227 |
| ISAAC SHIH 2045 BISCAYNE BLVD 362, MIAMI, FL 33137 | PRESIDENT | 10 | $15,000 | $0 |
| JOAN SHIH 2045 BISCAYNE BLVD 362, MIAMI, FL 33137 | VICE-PRESIDENT/TREASURER | 10 | $15,000 | $0 |
Address and contacts
- Address (IRS master file)
- 108 VILLAGE SQUARE 320, SOMERS, NY 10589-2305
- In care of
- % GRACE SHIH
- Signed the 990-PF
- GRACE SHIH, SECRETARY
- Phone
- (718) 543-5712
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
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
- 47-1819542
- 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)
- Religion-related (X12)
- Assets (IRS master file)
- $20,570,698
- Income (IRS master file)
- $9,858,979
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | -$106,578 | $838,241 | $20,570,698 | IRS |
| 990-PF | December 2023 | $6,905,094 | $727,314 | $21,324,779 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 47-1819542).
Questions about REVEREND GENG MING SHIH FOUNDATION INC
- What is the EIN of REVEREND GENG MING SHIH FOUNDATION INC?
- The employer identification number (EIN) of REVEREND GENG MING SHIH FOUNDATION INC is 47-1819542.
- Is REVEREND GENG MING SHIH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to REVEREND GENG MING SHIH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does REVEREND GENG MING SHIH FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of REVEREND GENG MING SHIH FOUNDATION INC 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 REVEREND GENG MING SHIH FOUNDATION INC 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 REVEREND GENG MING SHIH FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $60,000 (GRACE SHIH, SECRETARY).
- How much revenue does REVEREND GENG MING SHIH FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of -$106,578, expenses of $838,241 and total assets of $20,570,698 at year end.
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