Nonprofit · EIN 76-0224411
KOREAN HANBIT PRESBYTERIAN CHURCH
Tax-exempt · HOUSTON, TX 77094
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,551,848 | $1,381,685 | $170,163 | $325,842 | $33,219 | $292,623 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,551,848
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $45,424
- Benefits paid to members
- $3,321
- Compensation of officers, directors and key employees
- $59,974
- Other salaries and wages
- $188,473
- Salaries, compensation and benefits (total)
- $538,477
- Professional fundraising fees
- $0
- Accounting fees
- $600
- Travel
- $16,191
- Depreciation
- $11,684
- Program services (functional)
- $329,530
- Management and general (functional)
- $852,942
Balance sheet and other
- Total assets, start of year
- $122,460
- Total assets, end of year
- $325,842
- Total liabilities, end of year
- $33,219
- Net assets, end of year
- $292,623
- Land, buildings and equipment
- $313,065
- Net assets without donor restrictions
- $292,623
- Gross receipts
- $1,551,848
- Employees
- 15
- Year formed
- 1986
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Youngrak Jung | PRESIDENT Officer | 40 | $59,974 |
Address and contacts
- Address (IRS master file)
- 814 LONGMARK POINTE DR, HOUSTON, TX 77094-0006
- Principal officer (990 for 2024)
- YOUNGRAK JUNG, 3929 Colgate St, Houston, TX 77087
- Signed the 990
- YOUNGRAK JUNG, PRESIDENT
- Phone
- (713) 643-4348
- Website
- http://hanbithouston.org/
- Return prepared by
- CYK TAX & ACCOUNTING INC
Mission
TO OPERATE A CHURCH TO WORSHIP GOD, TO PREACH THE GOSPEL OF JESUS
Program accomplishments
- TO OPERATE A CHURCH TO WORSHIP GOD, TO PREACH THE GOSPEL OF JESUSExpenses $329,530
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 76-0224411
- 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
- 2006
- Accounting year ends
- December
- Files
- Not required (church)
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $325,842
- Income (IRS master file)
- $1,551,848
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,551,848 | $1,381,685 | $325,842 | 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 76-0224411).
Questions about KOREAN HANBIT PRESBYTERIAN CHURCH
- What is the EIN of KOREAN HANBIT PRESBYTERIAN CHURCH?
- The employer identification number (EIN) of KOREAN HANBIT PRESBYTERIAN CHURCH is 76-0224411.
- Is KOREAN HANBIT PRESBYTERIAN CHURCH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to KOREAN HANBIT PRESBYTERIAN CHURCH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOREAN HANBIT PRESBYTERIAN CHURCH file?
- Form Not required (church). Churches are not required to file.
- When is the next return of KOREAN HANBIT PRESBYTERIAN CHURCH 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 KOREAN HANBIT PRESBYTERIAN CHURCH 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 KOREAN HANBIT PRESBYTERIAN CHURCH?
- The 990 for the year ended December 31, 2024 names YOUNGRAK JUNG.
- Who are the officers and directors of KOREAN HANBIT PRESBYTERIAN CHURCH?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $59,974 (Youngrak Jung, PRESIDENT).
- How much revenue does KOREAN HANBIT PRESBYTERIAN CHURCH have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,551,848, expenses of $1,381,685 and total assets of $325,842 at year end.
Other nonprofits in HOUSTON
- INVESTMENT & RESEARCH IN EDUCATION INC EIN 06-1372326 · last filed 990 for 2024
- OMEGA CHARITABLE DEVELOPERS INC EIN 76-0492399 · last filed 990 for 2024
- EVELYN RUBENSTEIN JEWISH COMMUNITY CENTER OF HOUSTON TEXAS EIN 74-1198298 · last filed 990 for 2025
- SWANSON FAMILY FOUNDATION EIN 41-2594985 · last filed 990-PF for 2025
- LC FUND FOR PRIESTY FORMATION EIN 47-3786139 · last filed 990 for 2025
- THE OFFICERS CHRISTIAN FELLOWSHIP OF THE UNITED STATES OF AMERICA EIN 38-1415401 · last filed 990 for 2025
- FOR ALL MANKIND MOVEMENT INC EIN 26-4643324 · last filed 990 for 2025
- SOUTHERN USA FALUN DAFA ASSOCIATION EIN 76-0692185 · last filed 990 for 2025