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Pool Of Siloam Inc

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

EIN: 274751942 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Pool Of Siloam Inc?

Pool of Siloam Inc is a nonprofit organization situated in Brooklyn, New York. Established in 2012, the organization has a strong focus on spiritual growth and community service. Its primary mission is to glorify God, bear witness to the effectiveness of the Holy Bible, and promote the gospel of Jesus Christ. The organization has historically rented a place of worship and finds rental expenses to be a significant portion of its budget. With a goal to reduce costs and prioritize program accomplishments, Pool of Siloam Inc also engages in feeding the hungry as part of its charitable activities.

Is Pool Of Siloam Inc legitimate?

Pool Of Siloam Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pool Of Siloam 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: $0

For more financial information, click here

What is the mission statement of Pool Of Siloam Inc?

Pool of Siloam Inc's mission is centered around glorifying God and bearing witness to the effectiveness of the Holy Bible. A significant part of their mission involves promoting the gospel of Jesus Christ. The organization has been renting a place of worship since 2012, and while this continues to be a significant expense, they are actively seeking alternative ways to reduce costs and focus more on their program accomplishments. Additionally, they are committed to addressing hunger and feeding those in need.

Who is the CEO of Pool Of Siloam Inc?

Paul Severe is the Secretary of Pool Of Siloam Inc.

What is the revenue of Pool Of Siloam Inc?

Pool Of Siloam Inc's revenue in 2022 was $192,576.

Who are the executives of Pool Of Siloam Inc and what are their salaries?


Here are 3 key members and their salaries:


Sylvia Maxi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Thadal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Severe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pool Of Siloam Inc?

Pool Of Siloam Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pool Of Siloam Inc

Pool of Siloam Inc, as per its mission statement, strives to glorify God in all aspects of its operations. The organization seeks to serve as a testament to the effectiveness of the Holy Bible and propagate the gospel of Jesus Christ. Its primary objective is to promote the teachings and principles of the Bible, and to share the message of salvation through Jesus Christ. Additionally, Pool of Siloam Inc also aims to provide assistance to those in need, particularly by feeding the hungry. Despite focusing on religious activities, the organization is also conscious of managing its expenses, and is currently exploring ways to reduce costs and channel more resources towards achieving its program goals.

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Impact




October, 2024

Pool Of Siloam Inc has made a significant impact in the Brooklyn community through its commitment to glorifying God and promoting the Gospel of Jesus Christ. Since renting a place of worship in 2012, the organization has focused on maintaining a welcoming space for worship and community activities, although the associated rental costs have posed a challenge.

The organization actively seeks ways to reduce operational expenses, allowing more resources to be directed towards impactful programs, particularly in honoring their mission to serve those in need. One of their key initiatives is the ongoing effort to feed the hungry, demonstrating their dedication to addressing food insecurity and providing vital support to those facing hardships.

By fostering a spirit of community and outreach, Pool Of Siloam Inc stands as a beacon of hope and faith, encouraging individuals to come together, share their beliefs, and support one another in times of need. Their work not only enhances the spiritual landscape of the area but also contributes significantly to the well-being of the community as a whole.




This information is meant to be a general summary of Pool Of Siloam 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.

Revenue
$192,576 (2022)
Expenses
$85,756 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $192,576

Assets and Liabilities:

  • Total Assets: $585,305
  • Total Liabilities: $0
  • Net Assets: $585,305

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Organization Details

Founding Year

2010

Principal Officer

Paul Severe

Main Address

PO BOX 250116, BROOKLYN, NY, 11225

NTEE Category

Code: X20 - Religion related

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