Overview
What is Regular Baptist Fellowship Inc?
Regular Baptist Fellowship Inc, operating as Maranatha Village, is a nonprofit organization situated in Sebring, Florida. It provides a retirement community for individuals who share a common faith as born-again Christians. The village offers 137 apartments, 100 mobile homes, an RV park, and 213 acres of land, along with various service buildings. The amenities within the community include a fellowship center, health and fitness center, swimming pool, and golf course. Regular Baptist Fellowship Inc's primary goal is to offer enjoyment, promote health, and facilitate fellowship among its residents, as well as provide access to facilities not available in their dwellings. The organization sponsors dinners, community events, and activities to foster growth and unity among the residents.
Official website here: www.maranathavillage.churchpage.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Star rating)
Regular Baptist Fellowship Inc has received a low rating of 54% from Charity Navigator, indicating concerns regarding its accountability and financial practices. The organization scores particularly well in areas such as board independence and program expenses, suggesting a strong commitment to its mission. However, the overall score reflects significant weaknesses in financial transparency and governance policies.
The charity has earned full points for having a majority of independent board members and maintaining a solid program expense ratio, which implies effective resource allocation towards its objectives. However, it lacks critical financial documentation and policies, which are essential for demonstrating fiscal responsibility and accountability. This includes failing to provide accessible financial statements and lacking key governance policies like conflict of interest and whistleblower policies.
The absence of these important elements raises red flags about the organization's financial stewardship and transparency. Stakeholders and potential donors may wish to consider these limitations when evaluating their support for Regular Baptist Fellowship Inc, as the current rating suggests a need for improvement in governance and financial management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Regular Baptist Fellowship Inc legitimate?
Regular Baptist Fellowship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regular Baptist Fellowship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,721
For more financial information, click here
Official website here: www.maranathavillage.churchpage.us
What is the mission statement of Regular Baptist Fellowship Inc?
Regular Baptist Fellowship Inc's mission is to offer enjoyable activities and necessary facilities for its residents and their guests, prioritizing their health and fostering fellowship among them. The organization also aims to provide access to facilities that may not be available in their residences. Maranatha Village, under the auspices of Regular Baptist Fellowship Inc, serves as a retirement community for like-minded Christians, offering amenities such as a fellowship center, health and fitness center, swimming pool, golf course, and various service buildings. The village further encourages community engagement by sponsoring dinners, events, and activities, aiming to enhance the spiritual growth and fellowship of its residents.
Official website here: www.maranathavillage.churchpage.us
Who is the CEO of Regular Baptist Fellowship Inc?
Doug Peacock is the Director of Regular Baptist Fellowship Inc.
Official website here: www.maranathavillage.churchpage.us
What is the revenue of Regular Baptist Fellowship Inc?
Regular Baptist Fellowship Inc's revenue in 2022 was $1,309,580.
Official website here: www.maranathavillage.churchpage.us
Who are the executives of Regular Baptist Fellowship Inc and what are their salaries?
The average compensation at Regular Baptist Fellowship Inc during 2022 was $14,488. There are 24 employees and 7 volunteers at Regular Baptist Fellowship Inc.
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Official website here: www.maranathavillage.churchpage.us
Where can I find the form 990 for Regular Baptist Fellowship Inc?
Regular Baptist Fellowship Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maranathavillage.churchpage.us
Learn more at the official website: www.maranathavillage.churchpage.us
Mission Statement of Regular Baptist Fellowship Inc
Regular Baptist Fellowship Inc, in its mission, aims to cater to the needs and desires of its residents and their guests. The organization strives to provide enjoyable activities and facilities that enhance their health, fellowship, and offer access to amenities not available in their dwellings. By doing so, Regular Baptist Fellowship Inc aims to foster a sense of community and camaraderie among its residents.
The nonprofit organization operates Maranatha Village, a retirement setting that accommodates born-again Christians. This village includes 137 apartments, 100 mobile homes, an RV park, and 213 acres of land, all accompanied by several service buildings. To further promote the well-being of its residents, Regular Baptist Fellowship Inc provides additional amenities such as a fellowship center, health and fitness center, swimming pool, and golf course. Furthermore, the organization hosts dinners, community events, and activities to encourage the growth and fellowship of the residents, thereby contributing to a vibrant and harmonious living environment.
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Impact
October, 2024
Regular Baptist Fellowship Inc significantly enhances the quality of life for its residents through Maranatha Village, fostering a vibrant community centered around faith and fellowship. By providing a range of activities and facilities, the organization encourages social interaction among residents, promoting a sense of belonging and mutual support.
The retirement setting is specifically designed for those wishing to connect with fellow born-again Christians, creating a spiritually enriching environment. With 137 apartments, 100 mobile homes, and various amenities—including a fellowship center, health and fitness center, swimming pool, and golf course—residents have access to facilities that promote both physical health and social engagement.
Regular events, such as community dinners and activities, further strengthen the bonds among residents, ensuring that individuals can enjoy a fulfilling lifestyle filled with camaraderie and spiritual growth. This multifaceted approach not only nurtures the residents' well-being but also cultivates a tight-knit community where individuals can thrive together. Overall, Regular Baptist Fellowship Inc makes a profound impact by prioritizing health, enjoyment, and fellowship for its residents in Sebring, FL.
This information is meant to be a general summary of Regular Baptist Fellowship 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: $64,783
- Program Service Revenue: $1,367,564
- Gross Receipts: $1,309,580
Assets and Liabilities:
- Total Assets: $5,342,520
- Total Liabilities: $5,068,905
- Net Assets: $273,615
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINTENANCE FEES
Revenue
$872,724
ACQQUISITION FEES
Revenue
$318,576
GUEST FEES
Revenue
$105,649
SERVICE FEES
Revenue
$48,983
STORAGE FEES
Revenue
$21,632
Organization Details
Founding Year
1973
Phone
(863) 385-7897Principal Officer
Doug Peacock
Main Address
11 MARANATHA BLVD, SEBRING, FL, 33870
NTEE Category
Code: X20 - Religion related
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