Nonprofit · EIN 91-1208397
TACOMA NEW LIFE PRESBYTERIAN CHURCH
Also known as TACOMA KOREAN
Tax-exempt · TACOMA, WA 98445
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,214,849 | $1,093,103 | $121,746 | $5,084,476 | $22,546 | $5,061,930 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,214,849
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $112,130
- Benefits paid to members
- $79,200
- Compensation of officers, directors and key employees
- $87,600
- Other salaries and wages
- $326,414
- Salaries, compensation and benefits (total)
- $452,756
- Professional fundraising fees
- $0
- Accounting fees
- $1,920
- Travel
- $10,286
- Program services (functional)
- $445,945
- Management and general (functional)
- $647,158
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $5,084,476
- Total liabilities, end of year
- $22,546
- Net assets, end of year
- $5,061,930
- Land, buildings and equipment
- $4,793,972
- Net assets without donor restrictions
- $5,061,930
- Gross receipts
- $1,214,849
- Employees
- 15
- Volunteers
- 105
- Year formed
- 1987
- State of legal domicile
- WA
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 | Other / benefits |
|---|---|---|---|---|
| Younghee Lim | Senior Pastor / Board President Trustee or director, Officer | 80 | $87,600 | $15,000 |
| Eric Shin | Senior Elder/Director Trustee or director | 3 | $0 | $0 |
| Nae Muk Kim | ELder Trustee or director | 3 | $0 | $0 |
| Mun Tae Kim | Elder Trustee or director | 3 | $0 | $0 |
| Eric More | Elder Trustee or director | 3 | $0 | $0 |
| Barry Dixon | Elder Trustee or director | 3 | $0 | $0 |
| Steve Ahn | Secretary Trustee or director, Officer | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9702 B ST E, TACOMA, WA 98445-2066
- Principal officer (990 for 2025)
- Young Lim, 9702 B St E, Tacoma, WA 98445
- Signed the 990
- Young Lim, Pastor
- Phone
- (253) 539-1433
- Return prepared by
- Park & Associates PS CPA
Mission
Conducting religious worship services, community outreach (Tacoma area) next-generation education, and global missions (e.g., Philippines short-term mission).
Program accomplishments
- Domestic & Foreign Mission OutreachExpenses $112,130 · revenue $92,378
- Pastoral Ministry and Church Support Services Continue EducationExpenses $210,315
- General ministry operations including worship services, ministry activities, and support for pastoral and worship staffExpenses $123,164 · revenue $1,122,472
- Korean Language School SupportExpenses $336
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 91-1208397
- 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 (X21)
- Assets (IRS master file)
- $5,084,476
- Income (IRS master file)
- $1,214,849
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,214,849 | $1,093,103 | $5,084,476 | XML |
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 91-1208397).
Questions about TACOMA NEW LIFE PRESBYTERIAN CHURCH
- What is the EIN of TACOMA NEW LIFE PRESBYTERIAN CHURCH?
- The employer identification number (EIN) of TACOMA NEW LIFE PRESBYTERIAN CHURCH is 91-1208397.
- Is TACOMA NEW LIFE PRESBYTERIAN CHURCH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to TACOMA NEW LIFE PRESBYTERIAN CHURCH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TACOMA NEW LIFE PRESBYTERIAN CHURCH file?
- Form Not required (church). Churches are not required to file.
- When is the next return of TACOMA NEW LIFE PRESBYTERIAN CHURCH 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 TACOMA NEW LIFE PRESBYTERIAN CHURCH 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 TACOMA NEW LIFE PRESBYTERIAN CHURCH?
- The 990 for the year ended December 31, 2025 names Young Lim.
- Who are the officers and directors of TACOMA NEW LIFE PRESBYTERIAN CHURCH?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $87,600 (Younghee Lim, Senior Pastor / Board President).
- How much revenue does TACOMA NEW LIFE PRESBYTERIAN CHURCH have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,214,849, expenses of $1,093,103 and total assets of $5,084,476 at year end.
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