Overview
What is First Congregational Church?
First Congregational Church is a nonprofit organization located in Walton, NY. Their primary focus is to invest and collect income from restricted funds. This income is then distributed semiannually to support charitable causes within the church. The church's mission is to utilize these funds for charitable purposes, ensuring that they contribute positively to their community. The church's income distributions are specifically intended for charitable endeavors, further emphasizing their commitment to giving back.
Is First Congregational Church legitimate?
First Congregational Church is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Congregational Church submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of First Congregational Church?
The First Congregational Church's mission involves managing restricted funds, generating income semi-annually, and transferring it to support charitable causes. The primary objective is to utilize the income from these investments for benevolent purposes. The church makes regular income distributions to serve charitable needs.
Who is the CEO of First Congregational Church?
Wayne Bank Wealth Mgmt is the Trustee of First Congregational Church.
What is the revenue of First Congregational Church?
First Congregational Church's revenue in 2020 was $377.
Who are the executives of First Congregational Church and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for First Congregational Church?
First Congregational Church's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of First Congregational Church
First Congregational Church is committed to investing and collecting income on restricted funds. The primary objective of these funds is to support charitable causes. Semi-annually, a portion of the income generated is transferred to the First Congregational Church in Walton, NY, which then utilizes this income for its charitable endeavors. Beyond this, the church also distributes income from its investments for charitable purposes, further extending its reach and impact in the realm of charitable giving.
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Impact
October, 2024
First Congregational Church significantly impacts the community through its commitment to philanthropy and charitable initiatives. By investing and collecting income on restricted funds, the church ensures a steady flow of resources that can be utilized for various charitable purposes. These funds are transferred semi-annually to the First Congregational Church in Walton, NY, amplifying support for community-driven projects and outreach efforts.
The church's financial stewardship fosters a culture of giving, enabling the distribution of income from investments specifically for charitable needs. This approach not only strengthens the church's mission but also empowers local initiatives that directly benefit individuals and families in need. Through these concerted efforts, First Congregational Church plays a vital role in enhancing the well-being of its community and fostering a spirit of generosity and support among its members and beyond.
This information is meant to be a general summary of First Congregational Church. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $377
- Gross Receipts: $377
Assets and Liabilities:
- Total Assets: $100
- Total Liabilities: $0
- Net Assets: $100
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Organization Details
Phone
(570) 253-8506Principal Officer
Wayne Bank Wealth Mgmt
Main Address
C/O WAYNE BANK 717 MAIN ST, HONESDALE, PA, 18431
NTEE Category
Code: T00 - Philanthropy
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