Grace United Methodist Foundation Inc

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

EIN: 351576272 ✦ Lafayette, IN ✦ Designated as a 501(c)(3)

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Overview

What is Grace United Methodist Foundation Inc?

Grace United Methodist Foundation Inc is a nonprofit organization located in Lafayette, Indiana, specifically at 615 N 22nd St. The primary mission of this foundation is to manage funds and long-term investments for Grace United Methodist Church. By doing so, they contribute to various projects and improvements within the local church, ensuring its financial stability and growth. The foundation's role is crucial in supporting the church's activities and initiatives, contributing positively to the local community.

Is Grace United Methodist Foundation Inc legitimate?

Grace United Methodist Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace United Methodist Foundation 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 Grace United Methodist Foundation Inc?

The mission of Grace United Methodist Foundation Inc. is centered around managing funds and long-term investments. This is done with the objective of supporting the local church, specifically Grace United Methodist, by providing financial resources for various projects and improvements. The foundation's activities primarily revolve around managing its investments to benefit the church. It contributes funds to various projects and improvements, thereby playing a crucial role in supporting the operations and growth of the local church.

Who is the CEO of Grace United Methodist Foundation Inc?

Doug Curry is the President of Grace United Methodist Foundation Inc.

What is the revenue of Grace United Methodist Foundation Inc?

Grace United Methodist Foundation Inc's revenue in 2022 was $203,065.

Who are the executives of Grace United Methodist Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Doug Curry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Miller (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Denney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Cheesman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grace United Methodist Foundation Inc?

Grace United Methodist Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grace United Methodist Foundation Inc

Grace United Methodist Foundation Inc is dedicated to managing funds and long-term investments for Grace United Methodist Church in Lafayette, IN. Its mission is to ensure the financial stability and growth of the local church, by overseeing its investments and making contributions towards various projects and improvements. The foundation plays a crucial role in supporting the church's ongoing activities and initiatives, thereby contributing to its overall development and success.

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Impact




October, 2024

Grace United Methodist Foundation Inc significantly impacts the local community by effectively managing funds and long-term investments on behalf of Grace United Methodist Church in Lafayette, IN. By providing financial support for various projects and improvements, the foundation enhances the church's capacity to serve its congregation and the broader community. This support facilitates the growth and development of initiatives that foster spiritual and social engagement, ultimately contributing to a stronger and more vibrant local faith community. Through its commitment to sound financial stewardship, the foundation plays a crucial role in ensuring the church's sustainability and its ability to fulfill its mission.




This information is meant to be a general summary of Grace United Methodist Foundation 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
$203,065 (2022)
Expenses
$36,397 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $195,097
  • Gross Receipts: $372,149

Assets and Liabilities:

  • Total Assets: $836,169
  • Total Liabilities: $0
  • Net Assets: $836,169

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Organization Details

Founding Year

1983

Principal Officer

Doug Curry

Main Address

615 N 22ND ST, LAFAYETTE, IN, 479042620

NTEE Category

Code: X20 - Religion related

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