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Congregational Foundation Inc

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

EIN: 412091039 ✦ Oak creek, WI ✦ Designated as a 501(c)(3)

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Overview

What is Congregational Foundation Inc?

Congregational Foundation Inc, located in Oak Creek, Wisconsin, is a nonprofit organization dedicated to supporting the activities and affiliated churches of the National Association of Congregational Christian Churches in the United States. Their mission involves providing financial assistance to this association and its ministries and programs, with a focus on building lasting, sustainable revenue sources. The foundation operates with a twofold approach: maintaining relationships with existing donors and attracting new ones, working towards the long-term success of the National Association of Congregational Christian Churches.

Is Congregational Foundation Inc legitimate?

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

The Congregational Foundation Inc's mission is centered around supporting the National Association of Congregational Christian Churches and its affiliated churches. Their primary objective is to ensure the sustainability of revenue sources for the organization's ministries and programs. They accomplish this by catering to current donors and developing potential donors. The foundation's vision is to foster long-term financial support for the National Association of Congregational Christian Churches' activities and affiliated churches within the United States.

Who is the CEO of Congregational Foundation Inc?

Kevin Gromley is the Secretary of Congregational Foundation Inc.

What is the revenue of Congregational Foundation Inc?

Congregational Foundation Inc's revenue in 2023 was $502,458.

Who are the executives of Congregational Foundation Inc and what are their salaries?

There 6 volunteers at Congregational Foundation Inc.


Here are 6 key members and their salaries:


Varnum Philbrook (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Hamby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Gromley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Smith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Leonard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Congregational Foundation Inc?

Congregational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Congregational Foundation Inc

The Congregational Foundation Inc is committed to supporting the National Association of Congregational Christian Churches and its ministries and programs. Their mission is to foster long-term, sustainable sources of revenue that can sustain the association's ministries and programs. The foundation aims to strengthen its relationship with current donors and attract new ones, thereby ensuring the financial stability of the National Association of Congregational Christian Churches. By doing so, the Congregational Foundation Inc plays a crucial role in upholding the activities and affiliated churches of this national organization based in the United States.

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Impact




October, 2024

Congregational Foundation Inc significantly supports the National Association of Congregational Christian Churches and its associated ministries and programs. By focusing on strengthening relationships with current donors and cultivating prospective donor engagement, the Foundation aims to establish sustainable revenue sources. This commitment enhances the financial stability of the Church's initiatives, enabling them to thrive and serve their communities effectively.

The Foundation’s impact extends beyond financial support; it strengthens the network of affiliated churches by ensuring they have the resources necessary to fulfill their missions. Through its efforts, Congregational Foundation Inc contributes to the vitality of the Congregational Christian movement across the United States, empowering churches to engage better with their congregations and communities. Their vision fosters long-term growth and stability, crucial for the ongoing success of their missions and programs.




This information is meant to be a general summary of Congregational 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
$502,458 (2023)
Expenses
$545,413 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $423,895
  • Gross Receipts: $754,968

Assets and Liabilities:

  • Total Assets: $12,341,732
  • Total Liabilities: $1,415
  • Net Assets: $12,340,317

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Organization Details

Founding Year

2003

Principal Officer

Kevin Gromley

Main Address

8473 S HOWELL AVENUE, OAK CREEK, WI, 53154

NTEE Category

Code: X11 - Religion related

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