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Nonprofiteer
← IBEROAMERICAN MINISTRIES

Form 990 for tax year 2025

Filed by IBEROAMERICAN MINISTRIES.

Totals

Total revenue
$2,591,663
Total expenses
$2,683,098
Contributions and grants received
$2,591,060
Grants paid
$1,303,059
Program service revenue
$0
Investment income
$603
Other revenue
$0
Total assets, end of year
$690,388
Total liabilities, end of year
$10,263
Net assets or fund balances, end of year
$680,125
Program services expenses (Part IX)
$2,384,582
Management and general expenses
$190,889
Fundraising expenses
$107,627
Program service expenses (Part III)
$2,384,582

Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,591,060

  • 1g · Noncash contributions included above

    $16,397

  • 3 · Investment income

    total $1 · excluded $1

  • 7a · Gross sales of assets other than inventory

    securities $16,577

  • 7b · Less cost or other basis and sales expenses

    securities $15,975

  • 7c · Gain or loss

    securities $602

  • 7d · Net gain or loss

    total $602 · excluded $602

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $399,854 · program services $399,854

  • 3 · Grants to foreign organizations and individuals

    total $903,205 · program services $903,205

  • 5 · Compensation of officers, directors and key employees

    total $284,728 · program services $247,713 · management and general $22,779 · fundraising $14,236

  • 7 · Other salaries and wages

    total $532,041 · program services $408,279 · management and general $93,368 · fundraising $30,394

  • 10 · Payroll taxes

    total $58,433 · program services $47,568 · management and general $7,849 · fundraising $3,016

  • 11b · Fees: legal

    total $2,693 · program services $2,693

  • 11c · Fees: accounting

    total $3,450 · management and general $3,450

  • 11g · Fees: other

    total $40,974 · program services $9,007 · management and general $3,234 · fundraising $28,733

  • 13 · Office expenses

    total $80,196 · program services $65,826 · management and general $12,528 · fundraising $1,842

  • 16 · Occupancy

    total $1,087 · program services $1,087

  • 17 · Travel

    total $288,373 · program services $256,092 · management and general $8,639 · fundraising $23,642

  • 19 · Conferences, conventions and meetings

    total $13,814 · program services $8,050 · fundraising $5,764

  • 20 · Interest

    total $48 · management and general $48

  • 22 · Depreciation, depletion and amortization

    total $11,946 · program services $11,946

  • 23 · Insurance

    total $14,150 · management and general $14,150

  • 24a · Other expenses: PROPERTY REPAIRS/RENTAL

    total $33,922 · program services $19,294 · management and general $14,628

  • 24b · Other expenses: MINISTRY EXPENSES

    total $10,067 · management and general $10,067

  • 24c · Other expenses: MISC EXPENSES

    total $3,042 · program services $2,893 · management and general $149

  • 24d · Other expenses: EDUCATION & TRAINING

    total $1,075 · program services $1,075

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $760,038 · end of year $673,479

  • 10a · Land, buildings and equipment: cost or other basis

    $161,759

  • 10b · Land, buildings and equipment: accumulated depreciation

    $144,850

  • 10c · Land, buildings and equipment, net

    beginning of year $21,477 · end of year $16,909

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,205 · end of year $7,513

  • 18 · Grants payable

    beginning of year $2,750 · end of year $2,750

  • 27 · Net assets without donor restrictions

    beginning of year $499,483 · end of year $408,048

  • 28 · Net assets with donor restrictions

    beginning of year $272,077 · end of year $272,077

Mission and programs · 2025

Mission

TO PLANT CHURCHES, SERVE WITH COMPASSION AND SEND DISCIPLES.

  • IBEROAMERICAN MINISTRIES (IAM) INVESTS IN MISSIONARIES BOTH FROM THE US AND FROM LATIN AMERICAN COUNTRIES TO EVANGELIZE, DISCIPLE, PROVIDE LEADERSHIP TRAINING AND PLANT CHURCHES IN ORDER TO ESTABLISH INDIGENOUS CONGREGATIONS IN CHILE, ECUADOR, PERU, AS WELL AS NORTH AFRICA, THE MIDDLE EAST, SPAIN AND ITALY. WE WORK TO MAKE THESE CHURCHES SELF-GOVERNING, SELF-SUSTAINING, AND REPRODUCING. TO ACCOMPLISH THIS, WE TRAIN PERSPECTIVE PASTORS AND MISSIONARIES IN OUR INSTITUTE WHICH PROVIDES A 2 YEAR BIBLE CERTIFICATE, BACHELORS AND MASTERS PROGRAMS. IN ADDITION WE PROVIDE ONGOING SUPPORT FOR OUR CHURCH PLANTS THROUGH VISITING TEAMS OF SHORT TERM MISSIONARIES, LEADERSHIP ENCOURAGEMENT AND OVERSIGHT.

    Expenses $2,384,582 · Grants $1,303,059

As filed on the 2025 return.

Listed in Part VII

  • GABRIEL PHILLIPS

    DIRECTOR

    Total calculated
    $69,492
    From this org
    $69,492
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • SCOTT WALLACE

    DIRECTOR

    Total calculated
    $67,036
    From this org
    $67,036
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • DOUG KALLESTAD

    DIRECTOR

    Total calculated
    $66,000
    From this org
    $66,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • JEFF PHILLIPS

    DIRECTOR

    Total calculated
    $54,000
    From this org
    $54,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • CHADWICK COURTNEY

    CEO

    Total calculated
    $28,200
    From this org
    $28,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • JOE MARKUM

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • JEFF MCKINLEY

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • DR LYNNE ELLIS-GRAY

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • BRYAN YOUNG

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • ELIZABETH CASSIDY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • JOHN CAMPBELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • JANA RUHLMAN

    DIRECTOR (UNTIL 06/2025)

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2025
Filed
27 August 2026
IRS schema version
2025v4.2
Source object
202622449349301872

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