Overview
What is Milford United Methodist Church Endowment Fund?
The Milford United Methodist Church Endowment Fund is a charitable organization, classified as a 501(c)(3), based in an undisclosed location. Its primary objective is to generate income through its investments, with the proceeds being allocated by the trustees towards necessary repairs and enhancements for the Church facilities. By serving as a financial resource, this endowment fund plays a crucial role in supporting the maintenance and improvement of Milford First United Methodist Church.
Is Milford United Methodist Church Endowment Fund legitimate?
Milford United Methodist Church Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milford United Methodist Church Endowment 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:
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What is the mission statement of Milford United Methodist Church Endowment Fund?
The Milford United Methodist Church Endowment Fund, as a 501(c)(3) organization, primarily focuses on generating income through asset investments. This income is then utilized by the fund's trustees for essential repairs and improvements to the Church facilities. By doing so, the fund effectively contributes to the upkeep and maintenance of the Milford First United Methodist Church. The primary objective of the Endowment Fund is to provide a steady source of income for the Church, ensuring its continued growth and development.
Who is the CEO of Milford United Methodist Church Endowment Fund?
Milford First United Methodist is the Principal Officer of Milford United Methodist Church Endowment Fund.
What is the revenue of Milford United Methodist Church Endowment Fund?
Milford United Methodist Church Endowment Fund's revenue in 2022 was $191,781.
Who are the executives of Milford United Methodist Church Endowment Fund and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Milford United Methodist Church Endowment Fund?
Milford United Methodist Church Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Milford United Methodist Church Endowment Fund
The Milford United Methodist Church Endowment Fund is a 501(c)(3) organization with a mission to generate income. This is achieved by investing its assets. The income generated from these investments is then utilized by the fund's trustees for crucial repairs and improvements to the facilities of Milford First United Methodist Church. In essence, the Milford United Methodist Church Endowment Fund serves as a financial resource, providing essential support to maintain and enhance the Church's infrastructure.
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Impact
October, 2024
The Milford United Methodist Church Endowment Fund plays a crucial role in ensuring the sustainability and upkeep of the church facilities. By generating income through the investment of its assets, the fund provides essential financial support for necessary repairs and improvements. This allows the trustees to maintain a welcoming and functional environment for the congregation and the wider community, preserving the church's legacy and enhancing its ability to serve local needs. The impact of the Endowment Fund is seen in the continuous availability of resources for critical projects, fostering growth and engagement within the Milford First United Methodist Church.
This information is meant to be a general summary of Milford United Methodist Church Endowment 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 2022.
- Investment Income: $191,781
- Gross Receipts: $367,158
Assets and Liabilities:
- Total Assets: $1,268,877
- Total Liabilities: $0
- Net Assets: $1,268,877
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Organization Details
Founding Year
1979
Phone
(513) 831-5500Principal Officer
Milford First United Methodist
Main Address
541 Main Street, Milford, OH, 45150
NTEE Category
Code: X20 - Religion related
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