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Nonprofit · EIN 75-2581416

HISTORIC PALESTINE INC

Tax-exempt · PALESTINE, TX 75801

Financials

$56K$02024
Revenue Expenses · by fiscal year end
Financials of HISTORIC PALESTINE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$56,243$0$56,243$349,492$35,061$314,431
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,996
Net income from sales of inventory
$54,247
Other revenue
$54,247

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$293,249
Total assets, end of year
$349,492
Total liabilities, end of year
$35,061
Net assets, end of year
$314,431
Gross receipts
$221,996
Employees
0
Year formed
1995
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHRIS GOURASPRESIDENT
Officer
1$0
TIMOTHY TRIPLETTPAST PRESIDENT
Officer
3$0
TOM THORSENVICE PRESIDENT
Officer
1$0
DR CAROLYN SALTERSECRETARYTREASURY
Officer
3$0
BEN CAMPBELLBOARD MEMBER
Officer
1$0
LAURNIE DURISOEBOARD MEMBER
Officer
3$0
KAREN PARSONSBOARD MEMBER
Officer
1$0

Address and contacts

Address (IRS master file)
419 S ROYALL ST, PALESTINE, TX 75801-3637
In care of
% CAROLYN F SALTER
Mailing address (990-N for 2025)
419 S Royall St, Palestine TX 75801
Principal officer (990 for 2024)
CAROLYN F SALTER, 419 SOUTH ROYALL ST, PALESTINE, TX 75801
Principal officer (990-N for 2025)
Carolyn Salter, 419 S Royall St, Palestine TX 75801
Signed the 990
CAROLYN F SALTER, TREASURER
Phone
(903) 948-7054
Return prepared by
GEORGE & CO CPA PC

Mission

TO PROMOTE, PROTECT AND PRESERVE THE HISTORIC ARCHITECTURAL AND CULTURAL RESOURCES OF PALESTINE AND ANDERSON COUNTY, TEXAS

990 for the year ended December 31, 2024

Program accomplishments

  • REVENUE FROM SALE OF REHABILITATED HISTORICAL PROPERTY. THE PROCEEDS WILL BE USED TO FUND FUTURE REHABILITATION PROJECTS.
    revenue $56,244

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-N on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
75-2581416
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
1995
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Carolyn Salter
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2024$56,243$0$349,492XML
990-N for 2023
Officer: Carolyn Salter
December 31, 2023≤ $50,000 receipts––e-Postcard
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Carolyn Salter
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Carolyn Salter
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Carolyn Salter
December 31, 2019≤ $50,000 receipts––e-Postcard

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 75-2581416).

Questions about HISTORIC PALESTINE INC

What is the EIN of HISTORIC PALESTINE INC?
The employer identification number (EIN) of HISTORIC PALESTINE INC is 75-2581416.
Is HISTORIC PALESTINE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to HISTORIC PALESTINE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HISTORIC PALESTINE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HISTORIC PALESTINE INC 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 HISTORIC PALESTINE INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of HISTORIC PALESTINE INC?
The 990 for the year ended December 31, 2024 names CAROLYN F SALTER.
Who are the officers and directors of HISTORIC PALESTINE INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does HISTORIC PALESTINE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $56,243, expenses of $0 and total assets of $349,492 at year end.

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