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Kingdom Capital Fund

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

EIN: 260194811 ✦ Sioux falls, SD ✦ Designated as a 501(c)(3)

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Overview

What is Kingdom Capital Fund?

Kingdom Capital Fund is a charitable organization located in Sioux Falls, South Dakota, with a modest workforce of two individuals. The primary objective of this nonprofit is to contribute financially to qualified charitable organizations that share its Christian values and mission. These supported organizations focus on promoting and carrying out various charitable, religious, and educational initiatives. By donating to these entities, Kingdom Capital Fund aims to contribute positively to their causes and ultimately improve the lives of those they serve.


Official website here: www.kingdomcapitalfund.org

Is Kingdom Capital Fund legitimate?

Kingdom Capital Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kingdom Capital Fund 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: $79,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,356

For more financial information, click here


Official website here: www.kingdomcapitalfund.org

What is the mission statement of Kingdom Capital Fund?

The Kingdom Capital Fund operates with a mission to serve charitable, religious, and educational purposes. Its primary objective is to support and benefit qualified charitable organizations that uphold and advance Christian objectives. The fund achieves this by making donations to non-profit organizations that align with its mission. The Kingdom Capital Fund's activities are centered around furthering the causes and objectives of these qualified charitable organizations.


Official website here: www.kingdomcapitalfund.org

Who is the CEO of Kingdom Capital Fund?

Rich Merkouris is the President of Kingdom Capital Fund.


Official website here: www.kingdomcapitalfund.org

What is the revenue of Kingdom Capital Fund?

Kingdom Capital Fund's revenue in 2022 was $2,314,616.


Official website here: www.kingdomcapitalfund.org

Who are the executives of Kingdom Capital Fund and what are their salaries?

The average compensation at Kingdom Capital Fund during 2022 was $71,890. There are 2 employees and 14 volunteers at Kingdom Capital Fund.


Here are 15 key members and their salaries:


Steve Jankord (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heath Oberloh (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Broin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Konz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Bones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Kerkvliet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Dejong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Huisken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Huisken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Lemme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Reitsma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Schaap (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Merkouris (President)
  • Compensation: $79,423
  • Related: $0
  • Other: $0


Official website here: www.kingdomcapitalfund.org

Where can I find the form 990 for Kingdom Capital Fund?

Kingdom Capital Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kingdomcapitalfund.org

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

Mission Statement of Kingdom Capital Fund

Kingdom Capital Fund is a charitable organization with a mission to operate for purposes that are religious, educational, and charitable. Its primary objective is to support and benefit qualified charitable organizations that uphold and promote Christian values. This non-profit organization aims to channel its donations towards these qualified charities, thereby contributing to their respective causes. By doing so, Kingdom Capital Fund plays a crucial role in furthering the work of these organizations and advancing the Christian objectives they stand for.

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Impact




October, 2024

Kingdom Capital Fund significantly impacts the community by supporting charitable, religious, and educational initiatives that align with Christian values. Through targeted donations to qualified organizations, it effectively promotes and enhances various programs that fulfill its mission. By focusing on granting assistance to nonprofits that advocate for and perform Christian objectives, the fund nurtures a network of support that amplifies the reach and effectiveness of these organizations. Located in Sioux Falls, South Dakota, Kingdom Capital Fund plays a crucial role in fostering community engagement and promoting positive change through its commitment to charitable giving and religious education.




This information is meant to be a general summary of Kingdom Capital Fund. 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
$2,314,616 (2022)
Expenses
$985,954 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $350,020
  • Gross Receipts: $2,892,591

Assets and Liabilities:

  • Total Assets: $4,266,192
  • Total Liabilities: $526,591
  • Net Assets: $3,739,601

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Organization Details

Founding Year

2007

Principal Officer

Rich Merkouris

Main Address

5735 E 41ST ST, SIOUX FALLS, SD, 57110

NTEE Category

Code: X21 - Religion related

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