Korean Baptist Church Of Schaumburg

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

EIN: 364374916 ✦ Schaumburg, IL ✦ Designated as a 501(c)(3)

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Overview

What is Korean Baptist Church Of Schaumburg?

The Korean Baptist Church of Schaumburg is a nonprofit organization established with the purpose of fostering a community for worship and fellowship. Its primary objective is to help mature believers engage in ministries, while simultaneously promoting the Pentecostal Holy Spirit movement globally. This mission extends beyond their local community, aiming to share this spiritual movement across various nations.

Is Korean Baptist Church Of Schaumburg legitimate?

Korean Baptist Church Of Schaumburg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean Baptist Church Of Schaumburg 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Korean Baptist Church Of Schaumburg?

The Korean Baptist Church of Schaumburg was established with a mission to serve as a community of worship and fellowship. Its primary objective is to help believers mature and prepare them for works of ministry. Additionally, the church aims to spread the Pentecostal Holy Spirit movement to all nations. By doing so, it aspires to contribute to the global Pentecostal movement. The church's mission is focused on fostering personal growth and spreading its beliefs across different nations.

Who is the CEO of Korean Baptist Church Of Schaumburg?

Kwangsop Kim is the Nior Pastor of Korean Baptist Church Of Schaumburg.

What is the revenue of Korean Baptist Church Of Schaumburg?

Korean Baptist Church Of Schaumburg's revenue in 2021 was $305,758.

Who are the executives of Korean Baptist Church Of Schaumburg and what are their salaries?

The average compensation at Korean Baptist Church Of Schaumburg during 2021 was $24,000. There is 1 employee at Korean Baptist Church Of Schaumburg.


There is 1 key member and their salary:


Kwangsop Kim (Nior Pastor)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Korean Baptist Church Of Schaumburg?

Korean Baptist Church Of Schaumburg's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Korean Baptist Church Of Schaumburg

The Korean Baptist Church of Schaumburg is established with a mission to serve as a community of worship and fellowship. Its primary objective is to aid in the maturation of believers, empowering them to carry out works of ministry. Additionally, the church has a mission to propagate the Pentecostal Holy Spirit movement to various nations worldwide. This mission is aimed at fostering a spiritual growth within the community and spreading the faith to all corners of the globe.

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Impact




October, 2024

The Korean Baptist Church of Schaumburg plays a vital role in the community by fostering a space for worship and fellowship. It focuses on maturing believers, equipping them to engage in meaningful ministry work. This commitment not only strengthens the faith of its members but also encourages them to reach out and share the message of the Pentecostal Holy Spirit movement with diverse communities. The church serves as a cultural hub for individuals and families, promoting education and spiritual growth, while simultaneously bridging connections between faith and daily life. Through its initiatives, the church contributes to the social and spiritual fabric of Schaumburg, nurturing a spirit of community service and outreach that impacts not only its members but also the broader population.




This information is meant to be a general summary of Korean Baptist Church Of Schaumburg. 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
$305,758 (2021)
Expenses
$252,347 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $305,758

Assets and Liabilities:

  • Total Assets: $164,618
  • Total Liabilities: $0
  • Net Assets: $164,618

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Organization Details

Founding Year

1982

Principal Officer

Kwangsop Kim

Main Address

316 N SPRINGSGUTH RD, SCHAUMBURG, IL, 60194

NTEE Category

Code: B00 - Education

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