Overview
What is St Pauls United Methodist Church Endowment Foundation?
St. Paul's United Methodist Church Endowment Foundation is a nonprofit organization situated in Jamestown, North Dakota, which is dedicated to supporting the initiatives and activities of St. Paul's United Methodist Church. The foundation's primary objective is to reinforce the church's programs, contributing financially and resourcefully to its mission and vision. By doing so, the Endowment Foundation plays a crucial role in the church's overall operation and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial health for St Pauls United Methodist Church Endowment Foundation. The overall score is primarily derived from a single beacon score, indicating that while the organization performs well in certain areas, there are notable weaknesses in its governance practices.
Strengths of the foundation include a fully independent board with 100% of its members meeting independence criteria and a strong program expense ratio of 84.91%. This suggests that the majority of its funding is directed towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, showcasing a solid financial standing with a liabilities to assets ratio of 0.00%, which is an excellent indicator of financial stability.
However, there are significant limitations that impact its rating. The foundation is missing essential governance policies, including a conflict of interest policy and a whistleblower policy, both of which can enhance transparency and accountability. Furthermore, the organization’s website does not provide tax forms or other key documents, which are critical for donor trust and informed decision-making. These gaps in governance could affect its overall credibility and accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is St Pauls United Methodist Church Endowment Foundation legitimate?
St Pauls United Methodist Church Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Pauls United Methodist Church Endowment 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
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What is the mission statement of St Pauls United Methodist Church Endowment Foundation?
The St Pauls United Methodist Church Endowment Foundation's mission is centered around providing support for the various programs of St Pauls United Methodist Church. This foundation serves as a crucial source of aid, enabling the church to carry out its initiatives effectively. By doing so, it contributes to the church's overall mission and objectives, ultimately benefiting the community it serves. The foundation's primary role is to reinforce and contribute to the church's programs, ensuring their continued success and impact.
Who is the CEO of St Pauls United Methodist Church Endowment Foundation?
Sherry Mcguire is the Director of St Pauls United Methodist Church Endowment Foundation.
What is the revenue of St Pauls United Methodist Church Endowment Foundation?
St Pauls United Methodist Church Endowment Foundation's revenue in 2022 was $34,215.
Who are the executives of St Pauls United Methodist Church Endowment Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for St Pauls United Methodist Church Endowment Foundation?
St Pauls United Methodist Church Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Pauls United Methodist Church Endowment Foundation
The St. Paul's United Methodist Church Endowment Foundation is an organization dedicated to supporting the initiatives and programs of St. Paul's United Methodist Church. Its mission is to provide financial backing and resources to enhance the church's activities, thereby contributing to its overall growth and impact in its community. By offering this support, the Endowment Foundation plays a significant role in ensuring the continued success and vitality of St. Paul's United Methodist Church.
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Impact
October, 2024
St. Pauls United Methodist Church Endowment Foundation significantly enhances the community by providing essential support for the various programs of St. Pauls United Methodist Church in Jamestown, ND. Through its strategic financial backing, the foundation ensures that the church can effectively deliver its mission and meet the spiritual and social needs of its congregation and the broader community. This support enables a range of initiatives, from worship services and educational programs to outreach and community service projects, fostering a sense of connection, faith, and service among individuals. By investing in these programs, the foundation plays a crucial role in enriching lives and strengthening the community fabric.
This information is meant to be a general summary of St Pauls United Methodist Church Endowment 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: $34,215
- Gross Receipts: $220,597
Assets and Liabilities:
- Total Assets: $723,802
- Total Liabilities: $0
- Net Assets: $723,802
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Organization Details
Founding Year
1991
Phone
(701) 252-0422Principal Officer
Sherry Mcguire
Main Address
1000 5TH AVE NE, JAMESTOWN, ND, 58401
NTEE Category
Code: X11 - Religion related
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