Overview
What is Commission Ministers Network?
Commission Ministers Network is a nonprofit organization, based in Kerrville, Texas, with a primary focus on providing financial assistance to support Christian ministers and their ministries. Their mission involves credentialing and offering ongoing support to these ministers, ensuring they can effectively serve their communities. With a small team of one dedicated individual, they strive to make a significant impact in the spiritual realm.
Official website here: www.cmnetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 69%)
The Commission Ministers Network has received a two-star rating from Charity Navigator, indicating it needs improvement in its operational practices and transparency. The overall score of 69% reflects both strengths and weaknesses in the organization's accountability and financial management. Notably, the board consists entirely of independent members, which is a positive aspect in terms of governance.
Strengths include a high program expense ratio of 97.11%, suggesting that the majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, the organization has shown no material diversion of assets and has a favorable liabilities to assets ratio of 0.27%, indicating financial stability. However, the lack of financial statements and missing policies such as conflict of interest and whistleblower protections raise concerns about the organization's commitment to transparency and best practices.
Despite these strengths, the absence of essential financial documents and policies could hinder stakeholder trust and confidence. The organization's need for improvement is evident, particularly in enhancing its accountability measures and providing more complete financial disclosures on its website. Addressing these limitations could help the Commission Ministers Network improve its rating and foster greater public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Commission Ministers Network legitimate?
Commission Ministers Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commission Ministers Network 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: $35,493
For more financial information, click here
Official website here: www.cmnetwork.org
What is the mission statement of Commission Ministers Network?
The Commission Ministers Network's mission is centered around credentialing and providing support to Christian ministers and their ministries. This organization's primary goal is to offer financial aid, thereby assisting ministers and their related activities.
Official website here: www.cmnetwork.org
Who is the CEO of Commission Ministers Network?
Richard Malm is the President of Commission Ministers Network.
Official website here: www.cmnetwork.org
What is the revenue of Commission Ministers Network?
Commission Ministers Network's revenue in 2020 was $1,708,442.
Official website here: www.cmnetwork.org
Who are the executives of Commission Ministers Network and what are their salaries?
The average compensation at Commission Ministers Network during 2020 was $35,493. There is 1 employee at Commission Ministers Network.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $9,496
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cmnetwork.org
Where can I find the form 990 for Commission Ministers Network?
Commission Ministers Network's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.cmnetwork.org
Learn more at the official website: www.cmnetwork.org
Mission Statement of Commission Ministers Network
Commission Ministers Network is an organization with a mission to credential and support Christian ministers and their ministries. Specifically, they aim to provide financial assistance to aid these individuals and their religious undertakings. By offering this support, Commission Ministers Network seeks to contribute to the growth and success of the Christian ministry sector.
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Impact
October, 2024
The Commission Ministers Network has a significant impact on the Christian ministry landscape by credentialing and providing essential support to ministers and ministries. Through its focused efforts, it facilitates access to resources, training, and networking opportunities that bolster the effectiveness of these religious leaders.
By offering financial assistance, the network helps alleviate some of the economic burdens faced by ministers and their ministries, enabling them to concentrate on their mission of service and outreach. This support cultivates a thriving environment for spiritual growth and community engagement in Kerrville, TX, and beyond.
The Commission Ministers Network plays a critical role in fostering a well-equipped and supported cohort of Christian ministers, ultimately enhancing the overall vitality of religious communities. Their commitment to credentialing ensures that ministers are recognized and validated, promoting not only individual growth but also the collective strength of the ministry as a whole.
This information is meant to be a general summary of Commission Ministers Network. 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 2020.
- Investment Income: -$833
- Program Service Revenue: $129,693
- Gross Receipts: $1,722,846
Assets and Liabilities:
- Total Assets: $406,443
- Total Liabilities: $1,116
- Net Assets: $405,327
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN FEE INCOME
Revenue
$127,913
APPLICATION FEES
Revenue
$1,780
Organization Details
Founding Year
2003
Phone
(830) 896-8326Principal Officer
Richard Malm
Main Address
PO BOX 291002, KERRVILLE, TX, 78029
Website
www.cmnetwork.orgNTEE Category
Code: X20 - Religion related
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