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St John Lutheran Church And School Of Ocala Foundation Inc

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

EIN: 453086987 ✦ Ocala, FL ✦ Designated as a 501(c)(3)

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Overview

What is St John Lutheran Church And School Of Ocala Foundation Inc?

St. John Lutheran Church and School of Ocala Foundation Inc is a nonprofit organization based in Ocala, Florida. Their primary mission is to manage and invest charitable bequests and contributions in a permanent endowment, generating interest and dividend income for Christian educational and charitable purposes aligned with the Lutheran Church-Missouri Synod's doctrine and teachings. The foundation is also authorized to pursue any other lawful purpose in accordance with Florida statutes and the powers granted to non-profit corporations under Florida law. When needed, the organization provides financial assistance to St. John Lutheran Church or other suitable charities.

Is St John Lutheran Church And School Of Ocala Foundation Inc legitimate?

St John Lutheran Church And School Of Ocala Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St John Lutheran Church And School Of Ocala 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 St John Lutheran Church And School Of Ocala Foundation Inc?

St. John Lutheran Church and School of Ocala Foundation Inc's primary mission is to collect, invest, and manage charitable donations and bequests in a permanent endowment. The interest and dividend income generated from this endowment are then utilized for supporting Christian educational and charitable purposes, aligning with the doctrines and beliefs of the Lutheran Church-Missouri Synod and the teachings of Christ Jesus. Additionally, the foundation has the power to pursue any other lawful purpose as permitted by Florida statutes and the authority granted to non-profit corporations under the state's laws.

Who is the CEO of St John Lutheran Church And School Of Ocala Foundation Inc?

Jonathan S Dean is the Treasurer of St John Lutheran Church And School Of Ocala Foundation Inc.

What is the revenue of St John Lutheran Church And School Of Ocala Foundation Inc?

St John Lutheran Church And School Of Ocala Foundation Inc's revenue in 2022 was $302,189.

Who are the executives of St John Lutheran Church And School Of Ocala Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Jonathan S Dean (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan E Dean (Vp/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Smallwood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St John Lutheran Church And School Of Ocala Foundation Inc?

St John Lutheran Church And School Of Ocala Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St John Lutheran Church And School Of Ocala Foundation Inc

St. John Lutheran Church and School of Ocala Foundation Inc is established with a dual mission. Primarily, its purpose is to collect, invest, and manage charitable donations and bequests in a permanent endowment. The interest and dividend income derived from this endowment are then utilized for Christian educational and charitable purposes, aligning with the doctrine and beliefs of the Lutheran Church-Missouri Synod and the teachings of Lord Christ Jesus. This implies that the foundation is dedicated to providing financial support for educational and charitable initiatives that uphold these religious beliefs.

In addition to its primary mission, St. John Lutheran Church and School of Ocala Foundation Inc also has the authority to pursue any other lawful purpose as per Florida statutes and the powers conferred upon non-profit corporations under the laws of Florida. This flexibility allows the foundation to expand its scope of activities and support various causes beyond Christian education and charity, as long as they comply with the legal frameworks for non-profit organizations. In summary, St. John Lutheran Church and School of Ocala Foundation Inc is a charitable organization dedicated to raising funds, managing investments, and distributing income for Christian educational and charitable purposes, while maintaining flexibility to engage in other lawful activities.

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Impact




October, 2024

St. John Lutheran Church and School of Ocala Foundation Inc. significantly contributes to the community by managing and investing charitable bequests and contributions, ensuring sustainable financial support for Christian educational initiatives and charitable purposes. By utilizing interest and dividend income from a permanent endowment, the foundation fosters educational opportunities consistent with the teachings of the Lutheran Church—Missouri Synod.

The foundation is committed to providing financial assistance to St. John Lutheran Church and other relevant charitable organizations, thereby enhancing community services and outreach programs. Through its efforts, it plays a vital role in supporting the spiritual and educational development of individuals and families in Ocala, aligning with its mission to further Christian values and community support in accordance with its beliefs. Overall, the foundation's impact extends beyond financial aid; it cultivates a sense of community, promotes education, and helps individuals grow in their faith.




This information is meant to be a general summary of St John Lutheran Church And School Of Ocala 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
$302,189 (2022)
Expenses
$20,919 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27,096
  • Gross Receipts: $323,051

Assets and Liabilities:

  • Total Assets: $743,964
  • Total Liabilities: $0
  • Net Assets: $743,964

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Organization Details

Founding Year

2011

Principal Officer

Jonathan S Dean

Main Address

230 NE 25TH AVE STE 100, OCALA, FL, 34470

NTEE Category

Code: X12 - Religion related

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