Nonprofit · EIN 74-2797643
FAITH CHARITIES INC
Tax-exempt · CORP CHRISTI, TX 78404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $91,935 | $138,026 | -$46,091 | $162,550 | $0 | $162,550 |
| December 31, 2023 | 990-PF | $96,680 | $147,420 | -$50,740 | $208,641 | $0 | $208,641 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $80,737
- Dividends
- $3,829
- Interest
- $32
- Net gain from sales of assets
- $7,337
Expenses
- Grants and similar amounts paid
- $134,213
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $134,213
- Excise tax on investment income
- $155
Balance sheet and other
- Total assets, start of year
- $208,641
- Total assets, end of year
- $162,550
- Total liabilities, end of year
- $0
- Net assets, end of year
- $162,550
- Fair market value of assets
- $168,007
- Qualifying distributions
- $134,213
- Net investment income
- $11,198
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 |
|---|---|---|---|
| PAUL D LAUDADIO 449 LOUISIANA PARKWAY, CORPUS CHRISTI, TX 78404 | PRES/TREAS | 3 | $0 |
| DAPHNE J LAUDADIO 449 LOUISIANA PARKWAY, CORPUS CHRISTI, TX 78404 | VICE PRESIDENT | 1 | $0 |
| TRACEY VELEZ 340 LAMONT, SAN ANTONIO, TX 78209 | SECRETARY | 1 | $0 |
| KELLY LAUDADIO 926 ALGREGG, HOUSTON, TX 77009 | DIRECTOR | 1 | $0 |
| PAUL LAUDADIO II 514 W FOREST DR, HOUSTON, TX 77079 | DIRECTOR | 1 | $0 |
| LINDSAY LAUDADIO 514 W FOREST DR, HOUSTON, TX 77079 | DIRECTOR | 1 | $0 |
| TRICIA JOHNSON 4948 RIDGESIDE DR, DALLAS, TX 75244 | DIRECTOR | 1 | $0 |
| JORGE VELEZ 340 LAMONT, SAN ANTONIO, TX 78209 | DIRECTOR | 1 | $0 |
| BROOK JOHNSON 4948 RIDGESIDE DR, DALLAS, TX 75244 | DIRECTOR | 1 | $0 |
| TAMMY PERRY 407 NORTH TOWER DRIVE, SAN ANTONIO, TX 78232 | DIRECTOR | 1 | $0 |
| ANDY PERRY 407 NORTH TOWER DRIVE, SAN ANTONIO, TX 78232 | DIRECTOR | 1 | $0 |
| CORNELIUS M HAYES III 800 N SHORELINE 800, CORPUS CHRISTI, TX 78401 | DIRECTOR | 1 | $0 |
| FR VICTOR PEREZ 449 LOUISIANA PARKWAY, CORPUS CHRISTI, TX 78404 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL D LAUDADIO 449 LOUISIANA PARKWAY, CORPUS CHRISTI, TX 78404 | PRES/TREAS | 3 | $0 |
| DAPHNE J LAUDADIO 449 LOUISIANA PARKWAY, CORPUS CHRISTI, TX 78404 | VICE PRESIDENT | 1 | $0 |
| CORNELIUS M HAYES III 800 N SHORELINE 800, CORPUS CHRISTI, TX 78401 | DIRECTOR | 1 | $0 |
| TRACEY VELEZ 340 LAMONT, SAN ANTONIO, TX 78209 | SECRETARY | 1 | $0 |
| KELLY LAUDADIO 926 ALGREGG, HOUSTON, TX 77009 | DIRECTOR | 1 | $0 |
| PAUL LAUDADIO II 514 W FOREST DR, HOUSTON, TX 77079 | DIRECTOR | 1 | $0 |
| LINDSAY LAUDADIO 514 W FOREST DR, HOUSTON, TX 77079 | DIRECTOR | 1 | $0 |
| TRICIA JOHNSON 4948 RIDGESIDE DR, DALLAS, TX 75244 | DIRECTOR | 1 | $0 |
| JORGE VELEZ 340 LAMONT, SAN ANTONIO, TX 78209 | DIRECTOR | 1 | $0 |
| BROOK JOHNSON 4948 RIDGESIDE DR, DALLAS, TX 75244 | DIRECTOR | 1 | $0 |
| TAMMY PERRY 407 NORTH TOWER DRIVE, SAN ANTONIO, TX 78232 | DIRECTOR | 0 | $0 |
| ANDY PERRY 407 NORTH TOWER DRIVE, SAN ANTONIO, TX 78232 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 449 LOUISIANA AVE, CORP CHRISTI, TX 78404-1707
- Signed the 990-PF
- PAUL D LAUDADIO, PRES/TREAS
- Phone
- (361) 881-8845
- Return prepared by
- JENNINGS HAWLEY & CO PC
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
- 74-2797643
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $162,550
- Income (IRS master file)
- $130,109
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $91,935 | $138,026 | $162,550 | IRS |
| 990-PF | December 2023 | $96,680 | $147,420 | $208,641 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 74-2797643).
Questions about FAITH CHARITIES INC
- What is the EIN of FAITH CHARITIES INC?
- The employer identification number (EIN) of FAITH CHARITIES INC is 74-2797643.
- Is FAITH CHARITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to FAITH CHARITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FAITH CHARITIES INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FAITH CHARITIES INC 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 FAITH CHARITIES INC 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 FAITH CHARITIES INC?
- The 990-PF for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does FAITH CHARITIES INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $91,935, expenses of $138,026 and total assets of $162,550 at year end.
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