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First Baptist Church Foundation

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

EIN: 331027547 ✦ Fergus falls, MN ✦ Designated as a 501(c)(3)

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Overview

What is First Baptist Church Foundation?

The First Baptist Church Foundation is a nonprofit organization situated in Fergus Falls, Minnesota. Its primary role is to collect, preserve, and distribute funds, primarily intended to bolster the operations of Crossroads Church. Operating as a faith-based, single organization support, the foundation plays a crucial role in upholding the religious activities and initiatives within the community.

Is First Baptist Church Foundation legitimate?

First Baptist Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Baptist Church Foundation submitted a form 990EZ, 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 First Baptist Church Foundation?

The First Baptist Church Foundation's mission is centered around supporting a specific religious organization, namely Crossroads Church. It accomplishes this by receiving, holding, and distributing funds to further its objectives. The foundation functions as a single organization support, operating within the religious sphere. Its purpose is to assist Crossroads Church in its operations and growth.

What is the revenue of First Baptist Church Foundation?

First Baptist Church Foundation's revenue in 2023 was $23,654.

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

Here are 3 key members and their salaries:


Doug Hansen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Wick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Wilken (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for First Baptist Church Foundation?

First Baptist Church Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of First Baptist Church Foundation

The First Baptist Church Foundation serves a crucial role in supporting Crossroads Church. This organization receives, stores, and disperses funds with the primary objective of bolstering the operations of Crossroads Church. Operating as a religion-related single organization support, the First Baptist Church Foundation is committed to contributing to the growth and success of Crossroads Church.

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Impact




October, 2024

First Baptist Church Foundation plays a crucial role in supporting Crossroads Church in Fergus Falls, MN, by receiving, holding, and distributing funds strategically. This financial stewardship enables the church to thrive and fulfill its mission within the community. By facilitating the flow of resources, the foundation ensures that Crossroads Church can focus on its religious and community initiatives, fostering spiritual growth and engagement among its members. The foundation's commitment to sustaining and enhancing the church's activities significantly impacts the local community, allowing for a more vibrant, supportive, and faith-driven environment.




This information is meant to be a general summary of First Baptist 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
$23,654 (2023)
Expenses
$95,570 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $229
  • Gross Receipts: $23,654

Assets and Liabilities:

  • Total Assets: $21,512
  • Total Liabilities: $0
  • Net Assets: $21,512

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Organization Details

Principal Officer

Jay Wick

NTEE Category

Code: X112 - Religion related

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