Danville Central Christian Church Foundation

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

EIN: 371026998 ✦ Danville, IL ✦ Designated as a 501(c)(3)

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Overview

What is Danville Central Christian Church Foundation?

The Danville Central Christian Church Foundation is a nonprofit organization located at 1101 N Vermilion Street, Danville, Illinois. Its primary mission is to manage and distribute earnings derived from its investments to support the Danville Central Christian Church. The foundation's role is instrumental in providing financial assistance to the church, thereby contributing to its overall operations and growth.

Is Danville Central Christian Church Foundation legitimate?

Danville Central Christian Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Danville Central Christian 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 Danville Central Christian Church Foundation?

The Danville Central Christian Church Foundation's mission is centered around managing and distributing earnings derived from investments. This financial strategy is aimed at supporting the Danville Central Christian Church. The foundation's primary role involves channeling the returns from its investments towards the church, thereby contributing to its ongoing operations and initiatives. This unwavering commitment to financial management and support is instrumental in the church's continued growth and service to its community.

Who is the CEO of Danville Central Christian Church Foundation?

Ted Vacketta is the Secretary of Danville Central Christian Church Foundation.

What is the revenue of Danville Central Christian Church Foundation?

Danville Central Christian Church Foundation's revenue in 2022 was $152,538.

Who are the executives of Danville Central Christian Church Foundation and what are their salaries?


Here are 4 key members and their salaries:


Janet Pipken (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Swiersz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Vacketta (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reggie Warfield (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Danville Central Christian Church Foundation?

Danville Central Christian Church Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Danville Central Christian Church Foundation

The Danville Central Christian Church Foundation, as its mission statement suggests, is dedicated to managing and distributing earnings derived from its investments. The primary objective of this nonprofit organization is to channel these earnings towards the Danville Central Christian Church. This mission is essential in supporting the church's operations and contributing to its growth and sustainability. The foundation's role is to ensure that the church receives a steady income from its investments, thereby enabling it to carry out its religious and community activities effectively. By managing and distributing earnings, the Danville Central Christian Church Foundation plays a crucial role in supporting its affiliated church and promoting its mission.

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Impact




October, 2024

Danville Central Christian Church Foundation plays a crucial role in supporting the activities and mission of Danville Central Christian Church by managing and distributing earnings from its investments. This financial stewardship allows the church to access vital resources, enhancing its ability to serve the community and fulfill its religious mission. Through strategic investment management, the foundation ensures a steady flow of funds that contribute to various church initiatives, programs, and outreach efforts, ultimately fostering spiritual growth and community engagement in Danville, Illinois. The foundation's commitment to financial responsibility and growth strengthens the church’s impact, enabling it to sustain its operations and expand its services to those in need.




This information is meant to be a general summary of Danville Central Christian 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.

Revenue
$152,538 (2022)
Expenses
$113,013 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $125,465
  • Gross Receipts: $285,721

Assets and Liabilities:

  • Total Assets: $2,022,505
  • Total Liabilities: $0
  • Net Assets: $2,022,505

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Organization Details

Founding Year

1981

Principal Officer

Ted Vacketta

Main Address

1101 N VERMILION ST, DANVILLE, IL, 61832

NTEE Category

Code: X20 - Religion related

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