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Nonprofit · EIN 91-1208397

TACOMA NEW LIFE PRESBYTERIAN CHURCH

Also known as TACOMA KOREAN

Tax-exempt · TACOMA, WA 98445

Financials

$1.2M$1.1M2025
Revenue Expenses · by fiscal year end
Financials of TACOMA NEW LIFE PRESBYTERIAN CHURCH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$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.

NameTitleHours / weekCompensationOther / benefits
Younghee LimSenior Pastor / Board President
Trustee or director, Officer
80$87,600$15,000
Eric ShinSenior Elder/Director
Trustee or director
3$0$0
Nae Muk KimELder
Trustee or director
3$0$0
Mun Tae KimElder
Trustee or director
3$0$0
Eric MoreElder
Trustee or director
3$0$0
Barry DixonElder
Trustee or director
3$0$0
Steve AhnSecretary
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).

990 for the year ended December 31, 2025

Program accomplishments

  • Domestic & Foreign Mission Outreach
    Expenses $112,130 · revenue $92,378
  • Pastoral Ministry and Church Support Services Continue Education
    Expenses $210,315
  • General ministry operations including worship services, ministry activities, and support for pastoral and worship staff
    Expenses $123,164 · revenue $1,122,472
  • Korean Language School Support
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,214,849$1,093,103$5,084,476XML

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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