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First Covenant Church Foundation

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

EIN: 264448696 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is First Covenant Church Foundation?

First Covenant Church Foundation is a supporting organization based in Omaha, Nebraska, with an address at 201 N 90TH ST. Established to aid First Covenant Church of Omaha, the foundation's primary purpose is to enhance their evangelism and outreach efforts through initiatives like all-church retreat sponsorships. As a charitable, religious, and educational supporter, the foundation facilitates various activities for First Covenant Church of Omaha, ensuring their continued growth and service to the community.


Official website here: www.fccfoundationomaha.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating

First Covenant Church Foundation has received a solid rating of 83% from Charity Navigator, reflecting strong performance in the Accountability & Finance category. The organization has a fully independent board, with all five members meeting the criteria for independence. Additionally, it has demonstrated effective financial management, with a program expense ratio of 86.58%, indicating that a large portion of its resources is directed towards its programs.

The foundation excels in multiple areas, such as having no material diversion of assets and maintaining transparent board meeting minutes. However, it does have some notable gaps, specifically the absence of a whistleblower policy and a document retention and destruction policy. These missing elements could be areas for improvement to enhance overall governance and accountability practices.

Overall, while the First Covenant Church Foundation shows a strong commitment to accountability and financial integrity, addressing the identified limitations could further strengthen its operations and build trust among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is First Covenant Church Foundation legitimate?

First Covenant Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Covenant Church Foundation 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: $0

For more financial information, click here


Official website here: www.fccfoundationomaha.org

What is the mission statement of First Covenant Church Foundation?

The First Covenant Church Foundation serves as a supporting organization for the First Covenant Church of Omaha, Nebraska. Its primary role is to facilitate and support the church's charitable, religious, and educational activities. The foundation was established with the intention of aiding in the realization of the church's charitable objectives, including its evangelism and outreach efforts, as demonstrated through sponsorship of an all-church retreat. In essence, the mission of the First Covenant Church Foundation is to bolster the initiatives and programs of the First Covenant Church of Omaha, contributing to its overall mission and purpose.


Official website here: www.fccfoundationomaha.org

Who is the CEO of First Covenant Church Foundation?

Barbara Person is the President of First Covenant Church Foundation.


Official website here: www.fccfoundationomaha.org

What is the revenue of First Covenant Church Foundation?

First Covenant Church Foundation's revenue in 2022 was $35,585.


Official website here: www.fccfoundationomaha.org

Who are the executives of First Covenant Church Foundation and what are their salaries?

There 5 volunteers at First Covenant Church Foundation.


Here are 5 key members and their salaries:


Barbara Person (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jens Gregory (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott L Lickteig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Ressegieu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Small (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fccfoundationomaha.org

Where can I find the form 990 for First Covenant Church Foundation?

First Covenant Church Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fccfoundationomaha.org

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

Mission Statement of First Covenant Church Foundation

The First Covenant Church Foundation serves as a supporting organization for First Covenant Church of Omaha, Nebraska. Its primary mission is to bolster and facilitate the charitable, religious, and educational activities of the church. The foundation was established with the intent of strengthening the outreach and evangelism efforts of First Covenant Church of Omaha, specifically through sponsoring an all-church retreat. By supporting the church in these areas, the First Covenant Church Foundation aims to contribute to the overall growth and development of the religious community.

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Impact




October, 2024

First Covenant Church Foundation actively supports and enhances the mission of First Covenant Church of Omaha, Nebraska, by facilitating its charitable, religious, and educational activities. It plays a crucial role in promoting evangelism and outreach, especially through initiatives like sponsoring all-church retreats that foster community and spiritual growth. By providing resources and financial backing, the foundation enables the church to effectively carry out its mission and engage with the local community, ultimately enriching the lives of its members and extending its positive impact beyond the congregation.




This information is meant to be a general summary of First Covenant Church Foundation. 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
$35,585 (2022)
Expenses
$36,639 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35,585
  • Gross Receipts: $95,094

Assets and Liabilities:

  • Total Assets: $832,524
  • Total Liabilities: $0
  • Net Assets: $832,524

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Organization Details

Founding Year

2009

Principal Officer

Barbara Person

Main Address

201 N 90TH ST, OMAHA, NE, 68114

NTEE Category

Code: X112 - Religion related

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