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Faith Center Property Inc

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

EIN: 463369134 ✦ Kealakekua, HI ✦ Designated as a 501(c)(2)

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Overview

What is Faith Center Property Inc?

Faith Center Property Inc, based in Kealakekua, Hawaii, is a nonprofit organization primarily focused on managing and maintaining the property of Kona Faith Center, a religious institution. They collect income from this property and subsequently transfer the majority of the proceeds, after accounting for expenses, to Kona Faith Center. In essence, Faith Center Property Inc acts as a property management entity, ensuring the financial sustainability of Kona Faith Center.


Official website here: www.konafaithcenter.org/

Is Faith Center Property Inc legitimate?

Faith Center Property Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Faith Center Property 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


Official website here: www.konafaithcenter.org/

What is the mission statement of Faith Center Property Inc?

Faith Center Property Inc's primary role is to manage a property, specifically belonging to Kona Faith Center. They collect income generated from this property and then distribute the majority of it, after deducting expenses, to the Kona Faith Center. This organization essentially acts as a financial manager for the church, ensuring its property-related financial needs are met.


Official website here: www.konafaithcenter.org/

Who is the CEO of Faith Center Property Inc?

Terry Meechan is the Director of Faith Center Property Inc.


Official website here: www.konafaithcenter.org/

What is the revenue of Faith Center Property Inc?

Faith Center Property Inc's revenue in 2022 was $29.


Official website here: www.konafaithcenter.org/

Who are the executives of Faith Center Property Inc and what are their salaries?


Here are 4 key members and their salaries:


Doni Antone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Meechan (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Meechan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Shepherd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.konafaithcenter.org/

Where can I find the form 990 for Faith Center Property Inc?

Faith Center Property Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.konafaithcenter.org/

Learn more at the official website: www.konafaithcenter.org/

Mission Statement of Faith Center Property Inc

Faith Center Property Inc, as a nonprofit entity, is primarily tasked with holding the title to the property belonging to Kona Faith Center, a church. Its main objective is to collect income generated from this property and subsequently, after deducting any related expenses, transfer the remaining funds to Kona Faith Center. This mission ensures the financial sustainability of the church, allowing it to focus on its spiritual and community-based activities. By serving as a steward of the property's wealth, Faith Center Property Inc plays a crucial role in supporting the operations and growth of Kona Faith Center.

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Impact




October, 2024

Faith Center Property Inc plays a significant role in supporting the operations of the Kona Faith Center by holding the title to property and managing its financial aspects. By overseeing the collection of income generated from the property and managing related expenses, the organization ensures that resources are maximally available for the church's activities and community services. This stable property management allows the Kona Faith Center to focus on its mission of serving the local community, fostering spiritual growth, and enhancing community improvement initiatives. The presence of Faith Center Property Inc not only secures the church’s assets but also amplifies the overall impact of the church’s programs, contributing to the well-being and development of the Kealakekua area.




This information is meant to be a general summary of Faith Center Property 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
$29 (2022)
Expenses
$63,108 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29
  • Gross Receipts: $29

Assets and Liabilities:

  • Total Assets: $2,149,227
  • Total Liabilities: $919,014
  • Net Assets: $1,230,213

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Organization Details

Founding Year

2013

Principal Officer

Terry Meechan

Main Address

PO BOX 246, KEALAKEKUA, HI, 96750

NTEE Category

Code: S47 - Community improvement

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