Diocese Of Knoxville Paraclete Bookstore Inc

The Paraclete

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

EIN: 454967889 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Diocese Of Knoxville Paraclete Bookstore Inc?

Diocese of Knoxville Paraclete Bookstore Inc, often referred to as The Paraclete, is a nonprofit organization situated in Knoxville, Tennessee. Their primary mission revolves around selling and distributing religious books and materials to help strengthen and encourage the faithful in their Catholic faith. This organization serves as a vital resource for individuals seeking to deepen their religious understanding and practice, contributing to the spread of Roman Catholic teachings. Moreover, any excess revenue from these sales at the end of the fiscal year is utilized for the education of seminarians and supporting their formation as future priests within the Roman Catholic Diocese. The organization employs a team of nine individuals dedicated to carrying out these important objectives.


Official website here: www.paracletecatholic.org

Is Diocese Of Knoxville Paraclete Bookstore Inc legitimate?

Diocese Of Knoxville Paraclete Bookstore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diocese Of Knoxville Paraclete Bookstore 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: $86,699

For more financial information, click here


Official website here: www.paracletecatholic.org

What is the mission statement of Diocese Of Knoxville Paraclete Bookstore Inc?

The Diocese of Knoxville Paraclete Bookstore Inc's primary mission is to sell and distribute religious books and materials, serving to assist and encourage the faithful and spread the teachings and practices of the Roman Catholic Church. By offering a wide array of resources, the bookstore aids in the spiritual growth of the faithful, with the intention of fostering evangelization within communities. Furthermore, any excess revenue from sales at the end of the fiscal year is allocated towards the education of seminarians and their formation as future priests within the Roman Catholic Diocese.


Official website here: www.paracletecatholic.org

Who is the CEO of Diocese Of Knoxville Paraclete Bookstore Inc?

David Boettner is the Director of Diocese Of Knoxville Paraclete Bookstore Inc.


Official website here: www.paracletecatholic.org

What is the revenue of Diocese Of Knoxville Paraclete Bookstore Inc?

Diocese Of Knoxville Paraclete Bookstore Inc's revenue in 2022 was $211,771.


Official website here: www.paracletecatholic.org

Who are the executives of Diocese Of Knoxville Paraclete Bookstore Inc and what are their salaries?

The average compensation at Diocese Of Knoxville Paraclete Bookstore Inc during 2022 was $9,633. There are 9 employees at Diocese Of Knoxville Paraclete Bookstore Inc.


Here are 5 key members and their salaries:


Karl Fillaurer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Humbrecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Boettner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lucheon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Otey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.paracletecatholic.org

Where can I find the form 990 for Diocese Of Knoxville Paraclete Bookstore Inc?

Diocese Of Knoxville Paraclete Bookstore Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.paracletecatholic.org

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

Mission Statement of Diocese Of Knoxville Paraclete Bookstore Inc

The Diocese of Knoxville Paraclete Bookstore Inc dedicates its activities to the sale and distribution of religious books and materials. This mission serves to assist and encourage the faithful, supporting them in their Catholic faith, and furthering the teachings and practices of the Roman Catholic Church. The organization strives to spread these teachings and practices within communities, aiming to foster a deeper understanding and commitment to the faith.

In addition to its primary mission, the Diocese of Knoxville Paraclete Bookstore Inc also contributes to the education of seminarians and the formation of future priests for the Roman Catholic Diocese. This is achieved by utilizing any fiscal year-end surplus generated from the sale of religious materials. By supporting the education and formation of future clergy, the bookstore contributes to the broader Catholic community, ensuring a continuous line of spiritual guidance and leadership.

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Impact




October, 2024

The Diocese of Knoxville Paraclete Bookstore Inc significantly impacts its community by providing a wide array of religious books and materials that support the spiritual growth of individuals within the Roman Catholic faith. By making accessible resources that are essential for understanding and practicing Catholic teachings, the bookstore serves as a vital hub for education and evangelization.

In addition to fostering personal faith development, the bookstore plays a crucial role in the formation of future priests. Surplus revenue generated from sales is dedicated to the education and training of seminarians, ensuring a continuous supply of well-prepared clergy to serve the diocese. This dual focus not only enriches the lives of the faithful but also strengthens the church's leadership and outreach capabilities, helping to spread Catholic teachings in the surrounding communities.

Overall, the Diocese of Knoxville Paraclete Bookstore Inc serves as a key player in promoting religious education, nurturing faith, and supporting the pastoral mission of the church.




This information is meant to be a general summary of Diocese Of Knoxville Paraclete Bookstore 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
$211,771 (2022)
Expenses
$198,424 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $305
  • Gross Receipts: $566,081

Assets and Liabilities:

  • Total Assets: $294,843
  • Total Liabilities: $161,248
  • Net Assets: $133,595

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Organization Details

Founding Year

2012

Principal Officer

David Boettner

Main Address

805 S NORTHSHORE DRIVE, KNOXVILLE, TN, 37919

NTEE Category

Code: X22 - Religion related

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