Overview
What is Stephen Best Memorial Fund Security Federal Savings Bank?
The Stephen Best Memorial Fund, affiliated with Security Federal Savings Bank, is a nonprofit organization situated in Loganport, Indiana. Its primary mission is to contribute to the charitable initiatives of two local Lutheran churches: Trinity Lutheran Church and Faith Lutheran Church. By offering support, the fund aims to contribute positively to the community and its residents in Loganport.
Is Stephen Best Memorial Fund Security Federal Savings Bank legitimate?
Stephen Best Memorial Fund Security Federal Savings Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stephen Best Memorial Fund Security Federal Savings Bank 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: $2,350
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What is the mission statement of Stephen Best Memorial Fund Security Federal Savings Bank?
The Stephen Best Memorial Fund, affiliated with Security Federal Savings Bank, has a mission to support the charitable work of two churches located in Logansport, Indiana: Trinity Lutheran Church and Faith Lutheran Church. This mission is carried out by providing financial assistance to these religious institutions, aiming to contribute positively to their charitable endeavors. The fund's purpose is to contribute to the communities served by these churches, thereby promoting social welfare and community development.
Who is the CEO of Stephen Best Memorial Fund Security Federal Savings Bank?
Security Federal Savings Bank is the Trustee of Stephen Best Memorial Fund Security Federal Savings Bank.
What is the revenue of Stephen Best Memorial Fund Security Federal Savings Bank?
Stephen Best Memorial Fund Security Federal Savings Bank's revenue in 2023 was $118,011.
Who are the executives of Stephen Best Memorial Fund Security Federal Savings Bank and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,350
- Related: $0
- Other: $0
Where can I find the form 990 for Stephen Best Memorial Fund Security Federal Savings Bank?
Stephen Best Memorial Fund Security Federal Savings Bank's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Stephen Best Memorial Fund Security Federal Savings Bank
The Stephen Best Memorial Fund, affiliated with Security Federal Savings Bank, is committed to furthering the charitable endeavors of two religious institutions, Trinity Lutheran Church and Faith Lutheran Church, both situated in Logansport, Indiana. This fund serves as a means to support and contribute to the noble causes pursued by these churches. The main objective of the Stephen Best Memorial Fund is to strengthen and foster the charitable work of these two religious organizations, thereby making a positive impact in their respective communities.
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Impact
October, 2024
The Stephen Best Memorial Fund at Security Federal Savings Bank plays a significant role in enhancing community welfare through its support of Trinity Lutheran Church and Faith Lutheran Church in Logansport, Indiana. By providing financial backing for various charitable initiatives, the fund helps these churches address the needs of their congregations and the broader community.
This support enables the churches to carry out a range of activities, from providing essential services and outreach programs to fostering a sense of community and spiritual growth among parishioners. The impact of the fund can be seen in the increased capacity of these churches to serve individuals and families in need, thereby promoting social welfare and strengthening the fabric of the local community. Overall, the Stephen Best Memorial Fund contributes to a more compassionate and connected community in Logansport.
This information is meant to be a general summary of Stephen Best Memorial Fund Security Federal Savings Bank. 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 2023.
- Investment Income: $1,217
- Gross Receipts: $123,018
Assets and Liabilities:
- Total Assets: $778,874
- Total Liabilities: $0
- Net Assets: $778,874
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Organization Details
Founding Year
1983
Phone
(574) 722-6261Principal Officer
Security Federal Savings Bank
Main Address
314 4TH STREET, LOGANSPORT, IN, 46947
NTEE Category
Code: X21J - Religion related
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