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Word Of Life Foundation Inc

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

EIN: 452899583 ✦ Schroon lake, NY ✦ Designated as a 501(c)(3)

Overview

What is Word Of Life Foundation Inc?

Word of Life Foundation Inc, based in Schroon Lake, New York, functions as a supporting organization for the religious, charitable, and educational initiatives of Word of Life Fellowship Inc. The Foundation manages and distributes funds to further the causes of Word of Life Fellowship and other tax-exempt organizations aligned with its mission. The Foundation's actions are overseen by Word of Life to ensure consistency with its mission, vision, values, and purposes.


Official website here: www.wol.org

Is Word Of Life Foundation Inc legitimate?

Word Of Life Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Word Of Life 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.

Here 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


Official website here: www.wol.org

What is the mission statement of Word Of Life Foundation Inc?

The Word of Life Foundation Inc is established to support and advance the religious, charitable, and educational causes of Word of Life Fellowship Inc. The Foundation manages donations and disperses funds to organizations aligned with the mission and purposes of Word of Life Fellowship Inc. It acts as a supplementary body, working in consonance with Word of Life Fellowship Inc to further their common objectives. The Foundation's role is to receive and distribute funds to various tax-exempt organizations that contribute to the advancement of Word of Life Fellowship Inc's endeavors.


Official website here: www.wol.org

Who is the CEO of Word Of Life Foundation Inc?

Nelson Benjamin J is the Director of Word Of Life Foundation Inc.


Official website here: www.wol.org

What is the revenue of Word Of Life Foundation Inc?

Word Of Life Foundation Inc's revenue in 2022 was $11,873,124.


Official website here: www.wol.org

Who are the executives of Word Of Life Foundation Inc and what are their salaries?

Here are 9 key members and their salaries:

    Lough Don H (Director)
  • Compensation: $0
  • Related: $166,259
  • Other: $23,804

    • Nelson Benjamin J (Director)
  • Compensation: $0
  • Related: $101,862
  • Other: $15,829

    • Nightingale Deb (Director Treasurer)
  • Compensation: $0
  • Related: $59,817
  • Other: $7,560

    • Brown Bob G (Director-Secretary)
  • Compensation: $0
  • Related: $23,081
  • Other: $127

    • Peterson Bruce (Director-President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brown Andrew (Director-Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Swanson Dane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter R Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad J Lubke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wol.org

    Where can I find the form 990 for Word Of Life Foundation Inc?

    The Word Of Life Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wol.org

    Learn more at the official website: www.wol.org

    Mission Statement of Word Of Life Foundation Inc

    Word of Life Foundation Inc is a charitable organization established to support and advance the religious, charitable, and educational pursuits of Word of Life Fellowship Inc. The Foundation acts as a partner in fulfilling the mission and vision of Word of Life by managing and distributing funds to further its causes. With a focus on tax-exempt organizations, the Foundation plays a crucial role in amplifying the reach and impact of Word of Life Fellowship Inc's initiatives.

    In essence, the Word of Life Foundation Inc functions as a vital pillar in realizing the aspirations and goals of Word of Life Fellowship Inc. It does so by providing financial resources to both the fellowship and other tax-exempt organizations that share its values and objectives. By pooling and dispersing charitable contributions, the Foundation serves as a vital catalyst in the growth and success of its affiliated organizations.

    Impact

    This information is meant to be a general summary of Word Of Life Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Word Of Life Foundation Inc's impact is centered around supporting and furthering the religious, charitable, and educational tax-exempt purposes of Word of Life Fellowship Inc. By raising and distributing funds to Word of Life Fellowship Inc and other tax-exempt organizations that align with the mission and vision of Word of Life Fellowship Inc, the foundation plays a crucial role in advancing these important causes. The Foundation's activities contribute to the overall mission of Word of Life Fellowship Inc, helping to make a positive difference in communities and furthering the organization's values and purposes.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-49,314
  • Program Service Revenue: $0
  • Gross Receipts: $30,875,897

    • Assets and Liabilities:
  • Total Assets: $19,665,070
  • Total Liabilities: $0
  • Net Assets: $19,665,070
  • Organization Details

    Founding Year

    2012

    Principal Officer

    Nelson Benjamin J

    Main Address

    PO Box 600, Schroon Lake, NY, 12870

    NTEE Category

    Code: X111 - Religion related

    If you are a representative of Word Of Life Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.