Overview
What is Orthodox Church Capital Improvement Fund?
The Orthodox Church Capital Improvement Fund is a nonprofit organization situated in North Highlands, California, specifically at 5040 JACKSON STREET SP 12. Its primary mission is to contribute to the expansion of the Orthodox Church in America. To achieve this goal, the organization offers funding to parishes, missions, and monastic communities under the jurisdictions of Orthodox bishops within the United States. This financial aid is intended for the acquisition, construction, renovation, and refinancing of church-related properties. During 2022, the organization continued serving the loans of previous projects and managed its Investment Certificate Program.
Official website here: www.occif.org
Is Orthodox Church Capital Improvement Fund legitimate?
Orthodox Church Capital Improvement Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orthodox Church Capital Improvement 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: $6,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.occif.org
What is the mission statement of Orthodox Church Capital Improvement Fund?
The Orthodox Church Capital Improvement Fund's mission is centered around supporting the growth of the Orthodox Church in America. This is achieved by providing funding to parishes, missions, and monastic communities under the canonical jurisdictions of Orthodox bishops in the United States. The organization's primary objective is to assist in acquiring, building, remodeling, and refinancing church-related properties, thereby furthering the mission of Christ's Church. In 2022, the fund continued to manage the loans for previously completed projects and oversee its Investment Certificate Program.
Official website here: www.occif.org
What is the revenue of Orthodox Church Capital Improvement Fund?
Orthodox Church Capital Improvement Fund's revenue in 2023 was $208,935.
Official website here: www.occif.org
Who are the executives of Orthodox Church Capital Improvement Fund and what are their salaries?
There 7 volunteers at Orthodox Church Capital Improvement Fund.
Here are 9 key members and their salaries:
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- Compensation: $6,000
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Official website here: www.occif.org
Where can I find the form 990 for Orthodox Church Capital Improvement Fund?
Orthodox Church Capital Improvement Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.occif.org
Learn more at the official website: www.occif.org
Mission Statement of Orthodox Church Capital Improvement Fund
The Orthodox Church Capital Improvement Fund, in its mission, aims to foster the growth of the Orthodox Church in America. This is accomplished by providing financial assistance to parishes, missions, and monastic communities that are under the canonical jurisdictions of Orthodox bishops within the United States. The organization's primary goal is to help these religious entities acquire, construct, renovate, or refinance church-related properties, thereby furthering the great mission of Christ's Church. In 2022, the Orthodox Church Capital Improvement Fund continued its role in servicing the loans of previously completed projects and managing its Investment Certificate Program.
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Impact
October, 2024
The Orthodox Church Capital Improvement Fund plays a vital role in strengthening and expanding the presence of the Orthodox Church in America. By providing essential funding to parishes, missions, and monastic communities, it enables these entities to acquire, build, remodel, and refinance church-related properties. This financial backing supports the overall growth of the Orthodox Church, allowing communities to enhance their facilities and serve their congregations more effectively.
In 2022, the Fund continued servicing loans from previously completed projects, demonstrating its commitment to sustaining ongoing efforts within the community. Additionally, the management of the investment certificate program reflects its focus on prudent financial stewardship, ensuring that resources are available to further the mission of Christ's Church. By fostering growth and development within the Orthodox community, the Fund contributes significantly to the spiritual and communal life of its members across the United States.
This information is meant to be a general summary of Orthodox Church Capital Improvement 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $166,156
- Program Service Revenue: $8,229
- Gross Receipts: $208,935
Assets and Liabilities:
- Total Assets: $4,253,985
- Total Liabilities: $4,539,214
- Net Assets: -$285,229
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN PROCESSING FEES
Revenue
$7,988
LATE PAYMENT FEES
Revenue
$241
Organization Details
Founding Year
2008
Principal Officer
Fr John Dresko
Website
www.occif.orgNTEE Category
Code: X12 - Religion related
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