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Nonprofit · EIN 46-4481825

IGLESIA PALABRA DE FE DE SHERMAN

Tax-exempt · SHERMAN, TX 75090

Financials

$91K$89K2023$208K$176K2024$112K$114K2025
Revenue Expenses · by fiscal year end
Financials of IGLESIA PALABRA DE FE DE SHERMAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$112,347$114,370-$2,023$570,677$167,965$402,712
December 31, 2024990$207,918$175,606$32,312$590,114$185,379$404,735
December 31, 2023990$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.

NameTitleHours / weekCompensation
VALENTIN SALINASSENIOR PASTOR
Trustee or director
40$26,500
KEITH BURGOSDIRECTOR
Trustee or director
10$0
VALENTIN JR SALINASDIRECTOR
Trustee or director
20$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
VALENTIN SALINASSENIOR PASTOR
Trustee or director
40$26,500
KEITH BURGOSDIRECTOR
Trustee or director
10$0
VALENTIN JR SALINASDIRECTOR
Trustee or director
20$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
VALENTIN SALINASSENIOR PASTOR
Trustee or director
–$0
KEITH BURGOSDIRECTOR
Trustee or director
–$0
VALENTIN JR SALINASDIRECTOR
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

990 for the year ended December 31, 2025

Program accomplishments

  • MISSIONS TRIPS TO MEXICO AND CHILDRENS PROGRAMS
    Expenses $4,557
  • DONATIONS TO MEMBERS IN HELP
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$112,347$114,370$570,677IRS
990December 2024$207,918$175,606$590,114IRS
990December 2023$90,619$88,884$557,779XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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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