Nonprofit · EIN 46-1586539
SALEHI FAMILY FOUNDATION
Tax-exempt · MIDLAND, TX 79701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,234,689 | $1,759,765 | -$525,076 | $28,770,184 | $0 | $28,770,184 |
| December 31, 2023 | 990-PF | $1,100,975 | $1,234,912 | -$133,937 | $24,862,155 | $0 | $24,862,155 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $506,661
- Interest
- $158,106
- Net gain from sales of assets
- $560,348
- Other income
- $9,574
Expenses
- Grants and similar amounts paid
- $1,396,000
- Disbursements for charitable purposes
- $1,396,000
- Excise tax on investment income
- $12,106
Balance sheet and other
- Total assets, start of year
- $24,862,155
- Total assets, end of year
- $28,770,184
- Total liabilities, end of year
- $0
- Net assets, end of year
- $28,770,184
- Fair market value of assets
- $28,770,184
- Qualifying distributions
- $1,396,000
- Net investment income
- $1,234,689
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 |
|---|---|---|---|
| Cameron S Kelly 300 N Marienfeld Ste 950, Midland, TX 752014390 | Director | 0 | $0 |
| Winston Kelly 300 N Marienfeld Ste 950, Midland, TX 752014390 | Director | 0 | $0 |
| Kelly Reese 300 N Marienfeld Ste 950, Midland, TX 752014390 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cameron S Kelly 300 N Marienfeld Ste 950, Midland, TX 752014390 | Director | 0 | $0 |
| Winston Kelly 300 N Marienfeld Ste 950, Midland, TX 752014390 | Director | 0 | $0 |
| Kelly Reese 300 N Marienfeld Ste 950, Midland, TX 752014390 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 W TEXAS AVE, MIDLAND, TX 79701-6171
- In care of
- % WILLIAM KIRK CPA
- Signed the 990-PF
- Cameron S Kelly, Director
- Phone
- (432) 685-3602
- Return prepared by
- Kimberly M Garcia 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
- 46-1586539
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $28,770,184
- Income (IRS master file)
- $13,150,731
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,234,689 | $1,759,765 | $28,770,184 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,100,975 | $1,234,912 | $24,862,155 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 46-1586539).
Questions about SALEHI FAMILY FOUNDATION
- What is the EIN of SALEHI FAMILY FOUNDATION?
- The employer identification number (EIN) of SALEHI FAMILY FOUNDATION is 46-1586539.
- Is SALEHI FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to SALEHI FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SALEHI FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SALEHI FAMILY FOUNDATION 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 SALEHI FAMILY FOUNDATION 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 SALEHI FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does SALEHI FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,234,689, expenses of $1,759,765 and total assets of $28,770,184 at year end.
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- GRANITE FAMILY FOUNDATION INC EIN 93-4273061 · last filed 990-PF for 2024
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All nonprofits in MIDLAND · Texas · Philanthropy, voluntarism and grantmaking foundations