Nonprofit · EIN 75-2235660
HALO FLIGHT INC
Tax-exempt · CORP CHRISTI, TX 78415
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $18,454,124 | $12,597,089 | $5,857,035 | $48,974,698 | $7,092,132 | $41,882,566 |
| December 31, 2024 | 990 | $16,432,068 | $12,638,650 | $3,793,418 | $47,094,414 | $11,920,560 | $35,173,854 |
| December 31, 2023 | 990 | $14,824,524 | $12,435,856 | $2,388,668 | $37,815,466 | $7,250,464 | $30,565,002 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,087,481
- of which government grants
- $124,000
- Program service revenue
- $14,547,425
- Investment income
- $787,047
- Net gain from sales of assets
- $310,876
- Net income from sales of inventory
- $7,711
- Other revenue
- $32,171
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $5,940,155
- Salaries, compensation and benefits (total)
- $6,942,594
- Professional fundraising fees
- $0
- Legal fees
- $106,347
- Occupancy
- $151,437
- Travel
- $103,435
- Depreciation
- $1,291,872
- Program services (functional)
- $11,158,116
- Management and general (functional)
- $1,128,158
- Fundraising (functional)
- $310,815
Balance sheet and other
- Total assets, start of year
- $47,094,414
- Total assets, end of year
- $48,974,698
- Total liabilities, end of year
- $7,092,132
- Net assets, end of year
- $41,882,566
- Land, buildings and equipment
- $22,677,953
- Publicly traded securities
- $10,619,000
- Net assets without donor restrictions
- $39,934,612
- Net assets with donor restrictions
- $1,947,954
- Gross receipts
- $24,874,082
- Employees
- 60
- Year formed
- 1988
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSE PEREIDA | CHAIR Trustee or director, Officer | – | $0 |
| GARY JONES | VICE CHAIR Trustee or director, Officer | – | $0 |
| VARZAVAND IRANI | SECRETARY/ T Trustee or director, Officer | – | $0 |
| DARRELL NORDEEN | DIRECTOR Trustee or director | – | $0 |
| DAVID AINSWORTH | DIRECTOR Trustee or director | – | $0 |
| BILL COLSTON JR | DIRECTOR Trustee or director | – | $0 |
| ROVERT SHENKLE | DIRECTOR Trustee or director | – | $0 |
| DR MICHAEL SIMMONS MD | DIRECTOR Trustee or director | – | $0 |
| BENNA TIMPERLAKE | DIRECTOR Trustee or director | – | $0 |
| BRETT PANCAMO | DIRECTOR Trustee or director | – | $0 |
| DR JAY KOSKA MD PHD | DIRECTOR Trustee or director | – | $0 |
| SCOTT RIOS | DIRECTOR Trustee or director | – | $0 |
| ROBERT GRAINGER | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSE PEREIDA | CHAIR Trustee or director, Officer | 1 | $0 |
| GARY JONES | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| VARZAVAND IRANI | SECRETARY/ T Trustee or director, Officer | 1 | $0 |
| DARRELL NORDEEN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID AINSWORTH | DIRECTOR Trustee or director | 1 | $0 |
| BILL COLSTON JR | DIRECTOR Trustee or director | 1 | $0 |
| ROVERT SHENKLE | DIRECTOR Trustee or director | 1 | $0 |
| DR MICHAEL SIMMONS MD | DIRECTOR Trustee or director | 1 | $0 |
| BENNA TIMPERLAKE | DIRECTOR Trustee or director | 1 | $0 |
| BRETT PANCAMO | DIRECTOR Trustee or director | 1 | $0 |
| DR JAY KOSKA MD PHD | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT RIOS | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT GRAINGER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AVAILIBLE UPON REQUEST | FLIGHT CREW Highest-paid employee | 40 | $186,319 | $41,900 |
| AVAILABLE UPON REQUEST | FLIGHT CREW Key employee | 40 | $163,147 | $20,845 |
| AVAILABLE UPON REQUEST | MO Key employee | 40 | $153,763 | $30,000 |
| LARRY WEBB | CHAIR Trustee or director, Officer | – | $0 | $0 |
| GARY JONES | VICE CHAIR Trustee or director, Officer | – | $0 | $0 |
| JOSE PEREIDA | SECRETARY/ T Trustee or director, Officer | – | $0 | $0 |
| DARRELL NORDEEN | DIRECTOR Trustee or director | – | $0 | $0 |
| DAVID AINSWORTH | DIRECTOR Trustee or director | – | $0 | $0 |
| BILL COLSTON JR | DIRECTOR Trustee or director | – | $0 | $0 |
| JUDGE RICHARD SCHMIDTJD | DIRECTOR Trustee or director | – | $0 | $0 |
| DR MICHAEL SIMMONS MD | DIRECTOR Trustee or director | – | $0 | $0 |
| BENNA TIMPERLAKE | DIRECTOR Trustee or director | – | $0 | $0 |
| BRETT PANCAMO | DIRECTOR Trustee or director | – | $0 | $0 |
| DR JAY KOSKA MD PHD | DIRECTOR Trustee or director | – | $0 | $0 |
| VARZAVAND IRANI | DIRECTOR Trustee or director | – | $0 | $0 |
| SCOTT RIOS | DIRECTOR Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1843 FM 665 RD, CORP CHRISTI, TX 78415-6809
- Principal officer (990 for 2025)
- JOSE PEREIDA, UPON REQUEST, CORPUS CHRISTI, TX 78415
- Signed the 990
- AVAILABLE UPON REQUEST, CFO
- Phone
- (361) 265-0509
- Website
- WWW.HALOFLIGHT.ORG
- Return prepared by
- VALENTINE & ASSOCIATES CPAS PC
Mission
SEE SCHEDULE O
Program accomplishments
- PROVIDING AIR AMBULANCE SERVICE TO SOUTH TEXAS REGION TO CRITICAL CARE ACCIDENT VICTIMS. ALL PROGRAM COSTS ARE RELATED TO THIS PROGRAM.Expenses $11,158,116 · revenue $14,547,425
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 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2235660
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $48,974,698
- Income (IRS master file)
- $24,874,082
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $18,454,124 | $12,597,089 | $48,974,698 | XML |
| 990 | December 2024 | $16,432,068 | $12,638,650 | $47,094,414 | IRS |
| 990 | December 2023 | $14,824,524 | $12,435,856 | $37,815,466 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $13,101,018 | $12,361,786 | $37,261,964 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 75-2235660).
Questions about HALO FLIGHT INC
- What is the EIN of HALO FLIGHT INC?
- The employer identification number (EIN) of HALO FLIGHT INC is 75-2235660.
- Is HALO FLIGHT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to HALO FLIGHT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HALO FLIGHT 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 HALO FLIGHT INC 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 HALO FLIGHT INC 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 HALO FLIGHT INC?
- The 990 for the year ended December 31, 2025 names JOSE PEREIDA.
- Who are the officers and directors of HALO FLIGHT INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does HALO FLIGHT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $18,454,124, expenses of $12,597,089 and total assets of $48,974,698 at year end.
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- RALLY CREDIT UNION EIN 74-1237070 · last filed 990 for 2025
- CHILDRENS PHYSICIAN SERVICES OF SOUTH TEXAS EIN 74-2620408 · last filed 990 for 2025
- ED RACHAL FOUNDATION EIN 74-1116595 · last filed 990-PF for 2025
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- DRISCOLL CHILDRENS HOSPITAL DEVELOPMENT FOUNDATION INC EIN 74-2358461 · last filed 990 for 2025