Overview
What is Redeemer Lutheran Church Foundation Of Seymour In?
Redeemer Lutheran Church Foundation of Seymour, Indiana, is a nonprofit organization with a mission to support the religious, educational, and charitable purposes of Redeemer Lutheran Church and its community. Located at 504 N Walnut St, Seymour, IN 47274, the foundation achieves its mission by receiving assets and managing funds, which are then utilized to enhance various educational programs and church operations, as well as local missions. Through these efforts, the foundation contributes to the betterment of Redeemer Lutheran Church and its congregation within the Christian community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
The Redeemer Lutheran Church Foundation of Seymour, Indiana, has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 67%. The foundation excels in maintaining a fully independent board, which has been positively assessed with 100% of members being independent. Additionally, it demonstrates strong financial health with a liabilities to assets ratio of 0.00% and a program expense ratio of 80.68%, indicating a commitment to using a significant portion of its resources for its programs.
However, the organization faces several significant shortcomings that have impacted its overall rating. Notably, it lacks essential financial transparency, with no financial statements available and several key governance policies missing, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These deficiencies suggest a need for improvement in accountability and governance practices, which are critical for building trust with stakeholders.
While the Redeemer Lutheran Church Foundation has some strong financial indicators, its overall governance and transparency issues must be addressed to enhance its rating and better serve its mission. The absence of required documents and policies could hinder its operational effectiveness and community trust in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Redeemer Lutheran Church Foundation Of Seymour In legitimate?
Redeemer Lutheran Church Foundation Of Seymour In is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redeemer Lutheran Church Foundation Of Seymour In 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 Redeemer Lutheran Church Foundation Of Seymour In?
The Redeemer Lutheran Church Foundation's mission is to support the religious, educational, and charitable endeavors of a Lutheran church and its congregation, as well as the wider Christian community. This is achieved by receiving assets and managing funds to advance these purposes. The foundation contributes financially to various programs and operations within the church, including educational initiatives and missions.
In simple terms, the foundation serves as a financial backbone, providing resources to enhance the religious, educational, and charitable activities of the Redeemer Lutheran Church and its community.
The foundation's activities are primarily focused on promoting the well-being and growth of the church and its members, as well as contributing to the broader Christian community.
The foundation's financial support extends to various church programs and operations, contributing a total of $48,662 to educational initiatives, missions, and other church activities.
In essence, the Redeemer Lutheran Church Foundation plays a significant role in fostering the spiritual and communal growth of its church and community, through its financial support and commitment to its religious, educational, and charitable purposes.
The foundation's mission is guided by its belief in the importance of faith, education, and service to the community, and its commitment to supporting the Redeemer Lutheran Church and its congregation in these areas.
Who is the CEO of Redeemer Lutheran Church Foundation Of Seymour In?
John T Beatty Officer is the President of Redeemer Lutheran Church Foundation Of Seymour In.
What is the revenue of Redeemer Lutheran Church Foundation Of Seymour In?
Redeemer Lutheran Church Foundation Of Seymour In's revenue in 2022 was $155,347.
Who are the executives of Redeemer Lutheran Church Foundation Of Seymour In and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Redeemer Lutheran Church Foundation Of Seymour In?
Redeemer Lutheran Church Foundation Of Seymour In's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Redeemer Lutheran Church Foundation Of Seymour In
The Redeemer Lutheran Church Foundation's mission is centered around supporting and enhancing the initiatives of Redeemer Lutheran Church. This support is primarily achieved through the acquisition and management of funds. The primary purpose of these funds is to foster religious, educational, and charitable activities within the church, its congregation, and the broader Christian community. By receiving and distributing assets, the foundation plays a crucial role in promoting the religious and educational growth of the church, as well as contributing to its charitable endeavors. In essence, the Redeemer Lutheran Church Foundation serves as a catalyst for the advancement of Redeemer Lutheran Church's religious, educational, and charitable ventures.
The Redeemer Lutheran Church Foundation's mission is carried out through the allocation of financial resources. These funds are used to support various educational programs and missions within the church, as well as other church operations. By providing these resources, the foundation enables Redeemer Lutheran Church to fulfill its religious, educational, and charitable mandate, thereby strengthening its position within the Christian community. Through its activities, the Redeemer Lutheran Church Foundation contributes to the spiritual growth and development of the church, its congregation, and the wider Christian community.
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Impact
October, 2024
The Redeemer Lutheran Church Foundation of Seymour, IN plays a significant role in enhancing the religious, educational, and charitable initiatives of the local church and its community. By awarding grants totaling $48,662, the foundation actively supports various educational programs, missions, and operational needs of Redeemer Lutheran Church. This financial backing not only promotes spiritual growth within the congregation but also strengthens the church's outreach efforts and community involvement, impacting the lives of many in the Christian community. Through its dedication to furthering the church's mission, the foundation fosters a vibrant environment for learning, service, and faith-based activities.
This information is meant to be a general summary of Redeemer Lutheran Church Foundation Of Seymour In. 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: $31,106
- Gross Receipts: $206,109
Assets and Liabilities:
- Total Assets: $687,901
- Total Liabilities: $0
- Net Assets: $687,901
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Organization Details
Founding Year
1982
Principal Officer
John T Beatty Officer
Main Address
504 N Walnut St, Seymour, IN, 47274
NTEE Category
Code: X20 - Religion related
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