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Bac Associates Inc

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

EIN: 222228854 ✦ Audubon, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Bac Associates Inc?

Bac Associates Inc is a nonprofit organization situated in Audubon, New Jersey. Its primary focus is providing financial services to churches, functioning as a religion-oriented general organization. The company is led by principal officer A, whose contact details include the name and address of F. Bac Associates Inc's purpose is to cater to the financial needs of religious institutions, contributing to their overall well-being.


Official website here: www.bacassoc.org

Is Bac Associates Inc legitimate?

Bac Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bac Associates Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $90,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,066

For more financial information, click here


Official website here: www.bacassoc.org

What is the mission statement of Bac Associates Inc?

Bac Associates Inc, as a religious organization, is dedicated to providing financial services to churches. Its mission is to support the financial needs of religious institutions, ensuring they have the necessary resources to carry out their religious activities effectively. By operating as a religion: general organization, Bac Associates Inc plays a crucial role in the financial management of churches, thereby contributing to the overall well-being of religious communities.

In essence, Bac Associates Inc serves as a financial intermediary, offering its expertise and services to churches, enabling them to focus on their spiritual and community-building activities. The company is guided by its commitment to supporting religious organizations, thereby promoting religious freedom and financial stability within the religious community.


Official website here: www.bacassoc.org

Who is the CEO of Bac Associates Inc?

John A Bier is the President of Bac Associates Inc.


Official website here: www.bacassoc.org

What is the revenue of Bac Associates Inc?

Bac Associates Inc's revenue in 2022 was $603,936.


Official website here: www.bacassoc.org

Who are the executives of Bac Associates Inc and what are their salaries?

The average compensation at Bac Associates Inc during 2022 was $35,968. There are 9 employees at Bac Associates Inc.


There is 1 key member and their salary:


John A Bier (President)
  • Compensation: $90,644
  • Related: $0
  • Other: $51,250


Official website here: www.bacassoc.org

Where can I find the form 990 for Bac Associates Inc?

Bac Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bacassoc.org

Learn more at the official website: www.bacassoc.org

Mission Statement of Bac Associates Inc

Bac Associates Inc, as a mission-driven organization, is dedicated to offering financial services to churches. Operating under the umbrella of a religion-based organization, Bac Associates is led by Principal Officer A. Their primary focus is to cater to the financial needs of religious institutions, providing them with the necessary financial support and management tools. This nonprofit organization is committed to serving its church clients with integrity and professionalism, aiming to foster their financial well-being and facilitate their religious activities.

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Impact




October, 2024

Bac Associates Inc has a significant impact on the financial health of churches by providing essential financial services tailored to meet their unique needs. By operating within the religious sector, Bac Associates facilitates better financial management, enabling churches to allocate resources effectively and focus on their mission-driven activities. Based in Audubon, NJ, the organization plays a crucial role in supporting local congregations by offering expertise and tailored solutions that enhance their operational efficiency. This support not only strengthens individual churches but also contributes to the overall vitality of the community they serve. By ensuring that churches are financially sound, Bac Associates ultimately helps them to expand their reach and fulfill their spiritual missions more effectively.




This information is meant to be a general summary of Bac Associates Inc. 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
$603,936 (2022)
Expenses
$568,330 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15
  • Program Service Revenue: $603,921
  • Gross Receipts: $603,936

Assets and Liabilities:

  • Total Assets: $539,794
  • Total Liabilities: $84,729
  • Net Assets: $455,065

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Doing the Books

Revenue

$555,277

Review Clients

Revenue

$21,339

Organization Details

Founding Year

1999

Principal Officer

John A Bier

Main Address

201 S White Horse Pike, Audubon, NJ, 08106

NTEE Category

Code: X99 - Religion related

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