Overview
What is Lake Brownwood Christian Retreat Endowment Foundation?
The Lake Brownwood Christian Retreat Endowment Foundation, situated in Brownwood, Texas, was established with a mission to manage and invest funds intended for the Lake Brownwood Christian Retreat. This nonprofit organization's role is to distribute these funds to aid the retreat in its operational needs. The foundation is committed to supporting the retreat solely, ensuring its resources are utilized for the retreat's benefit. The foundation's primary purpose is to act as a financial backbone for the Lake Brownwood Christian Retreat, ensuring its continued operation and growth.
Is Lake Brownwood Christian Retreat Endowment Foundation legitimate?
Lake Brownwood Christian Retreat Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Brownwood Christian Retreat Endowment 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
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What is the mission statement of Lake Brownwood Christian Retreat Endowment Foundation?
The Lake Brownwood Christian Retreat Endowment Foundation's primary mission is to manage and invest funds, with the intention of distributing these resources for the benefit of the Lake Brownwood Christian Retreat. This organization is committed to supporting the retreat, utilizing its funds primarily for operational capital. The foundation's purpose is to contribute to the retreat's ongoing activities and initiatives.
Who is the CEO of Lake Brownwood Christian Retreat Endowment Foundation?
Jerry Prather is the President of Lake Brownwood Christian Retreat Endowment Foundation.
What is the revenue of Lake Brownwood Christian Retreat Endowment Foundation?
Lake Brownwood Christian Retreat Endowment Foundation's revenue in 2022 was $21,314.
Who are the executives of Lake Brownwood Christian Retreat Endowment Foundation and what are their salaries?
There 5 volunteers at Lake Brownwood Christian Retreat Endowment Foundation.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Lake Brownwood Christian Retreat Endowment Foundation?
Lake Brownwood Christian Retreat Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lake Brownwood Christian Retreat Endowment Foundation
The Lake Brownwood Christian Retreat Endowment Foundation's mission is centered around the management and investment of funds. This organization holds and invests money with the intention of distributing it for the benefit of the Lake Brownwood Christian Retreat. By doing so, they aim to support the retreat's operating capital, ensuring its continued operation and service provision. The foundation's role is to safeguard and grow the funds, ultimately contributing to the success and sustainability of the Lake Brownwood Christian Retreat.
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Impact
October, 2024
Lake Brownwood Christian Retreat Endowment Foundation has a significant impact by providing essential financial support to the Lake Brownwood Christian Retreat through careful management and investment of funds. By holding and investing these funds, the Foundation ensures a steady flow of operating capital for the retreat, allowing it to continue its mission of fostering spiritual growth and community engagement. This financial backing not only sustains the retreat’s daily operations but also enhances its ability to offer programs and services that benefit participants and the community at large. The Foundation’s commitment to long-term financial health is crucial for ensuring the retreat can thrive and adapt over time, making it a vital resource for the area.
This information is meant to be a general summary of Lake Brownwood Christian Retreat Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $21,314
- Gross Receipts: $21,314
Assets and Liabilities:
- Total Assets: $569,738
- Total Liabilities: $0
- Net Assets: $569,738
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Organization Details
Founding Year
2009
Phone
(325) 784-5133Principal Officer
Jerry Prather
Main Address
9030 RETREAT ROAD, BROWNWOOD, TX, 76801
NTEE Category
Code: T11 - Philanthropy
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