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Tefco Ministries Inc

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

EIN: 455472461 ✦ Newport, NC ✦ Designated as a 501(c)(3)

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Overview

What is Tefco Ministries Inc?

Tefco Ministries Inc, located in Newport, North Carolina, serves as a nonprofit organization. Their primary function involves receiving and distributing charitable contributions to support various religious and charitable ministry services that align with their board's approval. This mission is geared towards advancing the Apostolic Faith, furthering its influence and impact through monetary contributions.

Is Tefco Ministries Inc legitimate?

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

Tefco Ministries Inc's mission is centered around receiving and distributing charitable contributions, primarily to support ministry services and advance the beliefs of the Apostolic Faith. Their activities involve approving and funding various religious and charitable initiatives, as guided by their board of directors. In essence, the organization serves as a conduit for philanthropic funds, channeling them towards the betterment of ministry services and the promotion of their religious beliefs.

Who is the CEO of Tefco Ministries Inc?

Teddy Erskine is the President of Tefco Ministries Inc.

What is the revenue of Tefco Ministries Inc?

Tefco Ministries Inc's revenue in 2022 was $205,900.

Who are the executives of Tefco Ministries Inc and what are their salaries?


There is 1 key member and their salary:


Teddy Erskine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tefco Ministries Inc?

Tefco Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tefco Ministries Inc

Tefco Ministries Inc is a nonprofit organization dedicated to channeling charitable contributions towards the advancement of religious and charitable ministry services. The mission of this entity is to act as a conduit for such contributions, thereby supporting various faith-based initiatives and acts of benevolence. The organization's role involves the approval and disbursement of funds to these approved ministries, ensuring that they receive the necessary financial assistance to carry out their missions. By disbursing contributions, Tefco Ministries Inc plays a crucial role in fostering and strengthening these religious and charitable initiatives.

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Impact




October, 2024

Tefco Ministries Inc significantly impacts the community by facilitating charitable contributions that support various religious and charitable ministry services. By disbursing funds as approved by its board of directors, the organization actively promotes the Apostolic Faith and enhances the reach and effectiveness of community outreach initiatives. This includes funding for religious programs, educational resources, and support for those in need, thereby fostering a sense of unity and spiritual growth among individuals and families in Newport, NC, and beyond. The ministry plays a crucial role in mobilizing resources to address both spiritual and practical needs, making a tangible difference in the lives of many.




This information is meant to be a general summary of Tefco Ministries 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
$205,900 (2022)
Expenses
$58,405 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $205,900

Assets and Liabilities:

  • Total Assets: $764,622
  • Total Liabilities: $0
  • Net Assets: $764,622

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Organization Details

Founding Year

2012

Principal Officer

Teddy Erskine

Main Address

231 Sandhills Dr, Newport, NC, 28570

NTEE Category

Code: X20 - Religion related

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