Overview
What is Mount Carmel Endowment Fund Inc?
Mount Carmel Endowment Fund Inc is a nonprofit organization located in Milwaukee, Wisconsin, specifically at 8424 W Center ST. Its primary objective is to manage funds for the benefit of Mount Carmel Lutheran Church and its associated activities. The endowment fund contributes financially to various initiatives within the church, such as technological upgrades for online religious services, women's retreats, a prayer shawl ministry, hymnals, and music ministry. This philanthropic organization serves as a vital source of financial support for the church's programs and activities, thereby contributing to the spiritual and communal well-being of its congregation.
Is Mount Carmel Endowment Fund Inc legitimate?
Mount Carmel Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Carmel Endowment Fund 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.
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What is the mission statement of Mount Carmel Endowment Fund Inc?
The Mount Carmel Endowment Fund Inc is dedicated to managing funds for the benefit of Mount Carmel Lutheran Church and its associated activities. Their mission involves providing financial support for various church initiatives, such as technology updates for online service presentations, organizing women's retreats, supporting a prayer shawl ministry, procuring hymnals, and fostering the church's music ministry.
Who is the CEO of Mount Carmel Endowment Fund Inc?
Douglas F Mann is the Principal Officer of Mount Carmel Endowment Fund Inc.
What is the revenue of Mount Carmel Endowment Fund Inc?
Mount Carmel Endowment Fund Inc's revenue in 2022 was $27,025.
Who are the executives of Mount Carmel Endowment Fund Inc and what are their salaries?
There 7 volunteers at Mount Carmel Endowment Fund Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Mount Carmel Endowment Fund Inc?
Mount Carmel Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mount Carmel Endowment Fund Inc
Mount Carmel Endowment Fund Inc, a nonprofit organization, is dedicated to managing funds for the benefit of Mount Carmel Lutheran Church and its associated activities. The primary mission of this organization is to provide financial support for various projects and initiatives undertaken by the church. This includes funding for technological updates to facilitate the online presentation of church services, organizing women's retreats, supporting a prayer shawl ministry, purchasing hymnals, and fostering the church's music ministry. By managing these funds, Mount Carmel Endowment Fund Inc plays a crucial role in enhancing the church's capabilities and enabling it to carry out its religious and community-focused activities effectively.
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Impact
October, 2024
Mount Carmel Endowment Fund Inc plays a crucial role in enhancing the ministry and outreach of Mount Carmel Lutheran Church in Milwaukee, WI. By managing funds strategically, it enables the church to invest in vital initiatives that foster community engagement and spiritual growth.
The grants provided by the Endowment Fund facilitate essential technology updates, allowing the church to deliver services online, thereby reaching a broader audience and accommodating members who may not be able to attend in person. This adaptation is particularly significant in today's digital age, helping maintain connection and continuity in worship.
Additionally, the funding supports various programs such as women's retreats and a prayer shawl ministry, which promote fellowship, spiritual renewal, and community support. The provision of hymnals and resources for the music ministry enriches worship experiences, making them more engaging and meaningful.
Overall, Mount Carmel Endowment Fund Inc significantly enhances the church's capacity to serve its congregation and the wider community, ensuring that its programs remain vibrant and impactful.
This information is meant to be a general summary of Mount Carmel Endowment Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $26,637
- Gross Receipts: $42,063
Assets and Liabilities:
- Total Assets: $585,128
- Total Liabilities: $0
- Net Assets: $585,128
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Organization Details
Founding Year
1957
Phone
(414) 771-1270Principal Officer
Douglas F Mann
Main Address
8424 W Center ST, Milwaukee, WI, 532224712
NTEE Category
Code: T11 - Philanthropy
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