Overview
What is First United Methodist Church Foundation?
The First United Methodist Church Foundation is a charitable organization, based at 2051 Monument Street, Noblesville, Indiana. Its primary mission is to support the initiatives and programs of the First United Methodist Church of Noblesville, Indiana. This nonprofit organization contributes to various church-related activities, aiming to enhance and further the work of the First United Methodist Church within the Noblesville community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (73%)
The First United Methodist Church Foundation has received a "Needs Improvement" rating, indicating some areas of concern despite strengths in accountability and finance. With a perfect score of 100% in this category, the organization shows strong governance practices, notably having a fully independent board and no material diversion of assets. However, the absence of crucial policies such as a conflict of interest policy and a whistleblower policy has negatively impacted its overall score.
While the organization demonstrates financial responsibility with a program expense ratio of 100%, indicating that all expenditures are directed toward its programs, the lack of a publicly accessible website for essential documents, including tax forms and meeting minutes, could hinder transparency. The foundation's liabilities to assets ratio of 0.00% suggests sound financial health, but the deficiencies in policy documentation and website resources are significant limitations that need to be addressed for improved stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is First United Methodist Church Foundation legitimate?
First United Methodist Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First United Methodist Church Foundation 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 First United Methodist Church Foundation?
The First United Methodist Church Foundation's mission is centered around supporting the programs of a specific United Methodist church. By doing so, they aim to contribute to the church's initiatives and activities, without providing specific details about the nature or scope of these programs. The foundation's primary goal is to align its efforts with the church's objectives, thereby supporting its overall mission and goals. This support may encompass a variety of initiatives, ranging from community outreach programs to religious education, but the exact details are not provided in the data.
Who is the CEO of First United Methodist Church Foundation?
David Redden is the Board Member of First United Methodist Church Foundation.
What is the revenue of First United Methodist Church Foundation?
First United Methodist Church Foundation's revenue in 2022 was $80,843.
Who are the executives of First United Methodist Church Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for First United Methodist Church Foundation?
First United Methodist Church Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of First United Methodist Church Foundation
The First United Methodist Church Foundation's primary mission is centered around providing support for the various programs operated by the First United Methodist Church of Noblesville, IN. This nonprofit organization plays a pivotal role in upholding and fostering the initiatives undertaken by the church. By doing so, it contributes to the church's overall objectives and objectives, ensuring their continued success and reach. The Foundation's purpose can be summarized as an active commitment to strengthening and sustaining the programs of the First United Methodist Church of Noblesville, IN.
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Impact
October, 2024
The First United Methodist Church Foundation significantly enhances the community by supporting the programs of the First United Methodist Church in Noblesville, IN. This support fosters spiritual growth, community engagement, and social services that benefit individuals and families in the area. By providing resources for various church initiatives, the Foundation helps nurture a sense of belonging and promotes active participation in faith-based activities. Through its commitment to the church's mission, the Foundation plays a vital role in the well-being and development of the Noblesville community.
This information is meant to be a general summary of First United Methodist 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $80,843
- Gross Receipts: $464,520
Assets and Liabilities:
- Total Assets: $875,035
- Total Liabilities: $0
- Net Assets: $875,035
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Organization Details
Founding Year
1963
Phone
(317) 773-2500Principal Officer
David Redden
Main Address
2051 MONUMENT STREET, NOBLESVILLE, IN, 460602491
NTEE Category
Code: X20 - Religion related
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