Savings Fund Of The Netherlands Reformed Congregations In The Usa

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222165151 ✦ Pequannock, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Savings Fund Of The Netherlands Reformed Congregations In The Usa?

The Savings Fund of the Netherlands Reformed Congregations in the USA is a nonprofit organization, managed by Kenneth Baum, that primarily offers loans for capital improvement projects within its affiliated churches. This institution, situated in Pequannock, New Jersey, operates with a distinct religious background, being Jewish-based. Its mission is to support the growth and maintenance of the churches it serves.

Is Savings Fund Of The Netherlands Reformed Congregations In The Usa legitimate?

Savings Fund Of The Netherlands Reformed Congregations In The Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Savings Fund Of The Netherlands Reformed Congregations In The Usa 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 Savings Fund Of The Netherlands Reformed Congregations In The Usa?

The Savings Fund of the Netherlands Reformed Congregations in the USA primarily focuses on providing financial assistance for capital improvements in affiliated churches. Although the mission statement is not explicitly stated in the provided information, it can be inferred that their mission is to support the growth and development of their religious community by offering financial aid for necessary improvements. The organization operates as a Jewish-based institution, but it does not limit its support to churches of a specific faith. The Savings Fund is managed by an individual named Kenneth Baum, as mentioned in the information provided.

Who is the CEO of Savings Fund Of The Netherlands Reformed Congregations In The Usa?

Gerrit Bleeker is the Trustee of Savings Fund Of The Netherlands Reformed Congregations In The Usa.

What is the revenue of Savings Fund Of The Netherlands Reformed Congregations In The Usa?

Savings Fund Of The Netherlands Reformed Congregations In The Usa's revenue in 2023 was $13,299.

Who are the executives of Savings Fund Of The Netherlands Reformed Congregations In The Usa and what are their salaries?


Here are 6 key members and their salaries:


Donald Rose (President & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Baum (Treasurer & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Debel (Secretary & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerrit Bleeker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Southway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Teunissen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Savings Fund Of The Netherlands Reformed Congregations In The Usa?

Savings Fund Of The Netherlands Reformed Congregations In The Usa's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Savings Fund Of The Netherlands Reformed Congregations In The Usa

The Savings Fund of the Netherlands Reformed Congregations in the USA, in essence, serves as a financial resource for its affiliated churches, offering loans for capital improvements. As a Jewish-based institution, this organization is commended for its role in supporting the growth and development of these religious communities. The organization is overseen by Kenneth Baum, ensuring its operations run smoothly and effectively. Although the specifics of its mission are not elaborated in the provided information, it can be inferred that the Savings Fund contributes significantly to the upkeep and enhancement of its partner churches, thereby contributing to the religious and community life of its members.

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Impact




October, 2024

The Savings Fund of the Netherlands Reformed Congregations in the USA plays a crucial role in supporting the growth and development of affiliate churches through its loan program aimed at capital improvements. By providing financial resources, it enables congregations to enhance their facilities, thereby fostering a more conducive environment for worship and community activities. This funding not only facilitates physical upgrades but also strengthens the overall impact of the churches within their communities, promoting religious engagement and outreach.

Managed by Kenneth Baum and located in Pequannock, NJ, the organization’s focus on capital improvements reflects a commitment to the long-term sustainability of these religious institutions. The ability to secure loans for necessary enhancements empowers churches to address their evolving needs and maintain relevance in their communities. This support underscores the interconnectedness of faith and community development, contributing to the vitality and resilience of the congregations served.




This information is meant to be a general summary of Savings Fund Of The Netherlands Reformed Congregations In The Usa. 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.

Revenue
$13,299 (2023)
Expenses
$12,090 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $13,299
  • Gross Receipts: $13,299

Assets and Liabilities:

  • Total Assets: $433,840
  • Total Liabilities: $363,009
  • Net Assets: $70,831

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Organization Details

Principal Officer

Gerrit Bleeker

Main Address

11 Mary Place, Pequannock, NJ, 07440

NTEE Category

Code: X30 - Religion related

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