Nonprofit · EIN 74-2379434
GRACE-AIRE MEDICAL FOUNDATION INC
Tax-exempt · CORP CHRISTI, TX 78413
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-EZ | $191,312 | $186,806 | $4,506 | $11,421 | $0 | $11,421 |
| August 31, 2024 | 990-EZ | $196,920 | $200,775 | -$3,855 | $6,915 | $0 | $6,915 |
Financial details: 990-EZ for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $191,312
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $186,806
- Program services (functional)
- $186,806
Balance sheet and other
- Total assets, start of year
- $6,915
- Total assets, end of year
- $11,421
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,421
- Cash, savings and investments
- $11,421
- Gross receipts
- $191,312
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-EZ for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR TERRY ELDER | PRESIDENT | 5 | $0 |
| RONNE JONES | VICE PRESIDENT | 5 | $0 |
| TAMI GADDIS | SECRETARY/TREASURER | 10 | $0 |
| RICHARD GADDIS DO | BOARD MEMBER | 2 | $0 |
| ZACH JONES | BOARD MEMBER | 2 | $0 |
| DR ADAM AMOS | BOARD MEMBER | 2 | $0 |
| EVELYN GADDIS RN | BOARD MEMBER | 2 | $0 |
990-EZ for the year ended August 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR TERRY ELDER | PRESIDENT | 5 | $0 |
| RONNE JONES | VICE PRESIDENT | 5 | $0 |
| TAMI GADDIS | SECRETARY/TREASURER | 10 | $0 |
| RICHARD GADDIS DO | BOARD MEMBER | 2 | $0 |
| ZACH JONES | BOARD MEMBER | 2 | $0 |
| DR ADAM AMOS | BOARD MEMBER | 2 | $0 |
| EVELYN GADDIS RN | BOARD MEMBER | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 5257 GREENBRIAR DR, CORP CHRISTI, TX 78413-2824
- Mailing address (990-N for 2022)
- 5257 Greenbriar Dr, Corpus Christi TX 78413
- Principal officer (990-N for 2022)
- Dr H Terry Elder, 5257 Greenbriar Dr, Corpus Christi TX 78413
- Signed the 990-EZ
- TERRY ELDER, PRESIDENT
- Phone
- (361) 299-2112
- Return prepared by
- COLLIER JOHNSON & WOODS PC
Mission
MEDICAL AND HUMANITARIAN MISSIONS
Program accomplishments
- MEDICAL OUTREACH, LITERACY & TRANSLATION SERVICES PROVIDED TO INDIGENOUS PEOPLE WHO SPEAK THE NAHUATL LANGUAGEExpenses $130,273
- SOCCER MINISTRIES DONATED SOCCER SUPPLIES TO CHILDREN LIVING IN IMPOVERISHED AREASExpenses $5,989
- SUPPORT OF MISSIONS AND ORPHANAGESExpenses $50,544
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-EZ on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-EZ on file |
IRS record
- EIN
- 74-2379434
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public safety, disaster preparedness and relief (M20Z)
- Assets (IRS master file)
- $11,421
- Income (IRS master file)
- $191,312
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | August 2025 | $191,312 | $186,806 | $11,421 | XML |
| 990-EZ | August 2024 | $196,920 | $200,775 | $6,915 | XML |
| 990-N for 2022 Officer: Dr H Terry Elder | August 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Dr H Terry Elder | August 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Dr H Terry Elder | August 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Dr Terry Elder | August 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 74-2379434).
Questions about GRACE-AIRE MEDICAL FOUNDATION INC
- What is the EIN of GRACE-AIRE MEDICAL FOUNDATION INC?
- The employer identification number (EIN) of GRACE-AIRE MEDICAL FOUNDATION INC is 74-2379434.
- Is GRACE-AIRE MEDICAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to GRACE-AIRE MEDICAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE-AIRE MEDICAL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GRACE-AIRE MEDICAL FOUNDATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRACE-AIRE MEDICAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended August 2025.
- Who is the principal officer of GRACE-AIRE MEDICAL FOUNDATION INC?
- The 990-N for 2022 names Dr H Terry Elder.
- Who are the officers and directors of GRACE-AIRE MEDICAL FOUNDATION INC?
- The 990-EZ for the year ended August 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does GRACE-AIRE MEDICAL FOUNDATION INC have?
- On its 990-EZ for the year ended August 31, 2025 it reported revenue of $191,312, expenses of $186,806 and total assets of $11,421 at year end.
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