Overview
What is Pastor-In-Residence Ministries Inc?
Pastor-In-Residence Ministries Inc, based in Farmington Hills, Michigan, is a nonprofit organization dedicated to supporting and encouraging pastors in their professional journeys. They provide spiritual and emotional assistance, facilitating personal growth and conflict resolution. The organization conducts various coaching programs and assessments, fostering a network with churches and ministries. Their mission includes expanding their reach, as evidenced by the addition of two regional directors and the growth of their donor base by 25%. Pastor-In-Residence Ministries Inc also participates in national church conferences, strengthens partnerships with six denominations, and collaborates with two ministries addressing pastoral spouses' needs.
Official website here: www.priministries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, Two-Star out of Four Star rating. This rating reflects a score based entirely on the Accountability & Finance beacon, indicating some strengths as well as notable weaknesses in governance and transparency.
Pastor-In-Residence Ministries Inc demonstrates strong governance with an impressive 83% independent board members and no material diversion of assets. Their program expense ratio is also commendable at 77.65%, suggesting that a significant portion of their funds is directed towards their mission-driven activities.
However, there are significant areas of concern, particularly in their lack of essential policies such as conflict of interest, whistleblower, and document retention, which could affect transparency and accountability. Additionally, their liabilities to assets ratio of 78.76% raises some red flags regarding financial health. Overall, while the organization shows good potential in certain areas, improvements are needed in governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Pastor-In-Residence Ministries Inc legitimate?
Pastor-In-Residence Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pastor-In-Residence 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: $43,655
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,542
For more financial information, click here
Official website here: www.priministries.org
What is the mission statement of Pastor-In-Residence Ministries Inc?
Pastor-In-Residence Ministries Inc's mission is centered around supporting and encouraging pastors during their vocational transitions. The organization provides spiritual and emotional support to clergy, connecting them with churches and other ministries that can help them process unresolved personal conflicts. Through various programs and assessments, Pastor-In-Residence Ministries aims to empower pastors, offering coaching opportunities and networking possibilities. The ministry has expanded its reach by adding new regional directors and strengthening partnerships with national church denominations. It has also initiated a sabbatical toolkit and participated in relevant summits and conferences, demonstrating its commitment to the well-being of pastors.
In summary, Pastor-In-Residence Ministries Inc is dedicated to offering spiritual, emotional, and professional support to pastors as they navigate the challenges of their vocational transitions, connecting them with resources and opportunities for growth and renewal.
Official website here: www.priministries.org
What is the revenue of Pastor-In-Residence Ministries Inc?
Pastor-In-Residence Ministries Inc's revenue in 2023 was $230,485.
Official website here: www.priministries.org
Who are the executives of Pastor-In-Residence Ministries Inc and what are their salaries?
The average compensation at Pastor-In-Residence Ministries Inc during 2023 was $16,525. There are 8 employees and 20 volunteers at Pastor-In-Residence Ministries Inc.
Here are 6 key members and their salaries:
- Compensation: $43,655
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.priministries.org
Where can I find the form 990 for Pastor-In-Residence Ministries Inc?
Pastor-In-Residence Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.priministries.org
Learn more at the official website: www.priministries.org
Mission Statement of Pastor-In-Residence Ministries Inc
Pastor-In-Residence Ministries Inc is committed to encouraging and supporting pastors as they navigate the transition phases of their lives. This nonprofit organization provides spiritual and emotional support to these clergy members, connecting them with churches and other ministries that offer opportunities for processing unresolved personal conflicts. By administering professional assessments, conducting coaching programs, and expanding their team with new regional directors, Pastor-In-Residence Ministries Inc aims to assist pastors in overcoming challenges and maintaining their well-being. The organization also works on a sabbath toolkit to address the growing need for pastors to take time off, and participates in various events and conferences to strengthen its network and share its expertise. Moreover, Pastor-In-Residence Ministries Inc partners with other organizations to address the needs of pastoral spouses and grows its donor base to sustain its operations.
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Impact
October, 2024
Pastor-In-Residence Ministries Inc significantly impacts the lives of pastors navigating vocational transitions by providing essential spiritual and emotional support. By administering over 40 professional assessments for ministry leaders and seminary students, they help individuals gain clarity and direction in their careers. The organization conducts coaching programs, having completed 30 sessions and introduced an additional 25 opportunities for pastors, which fosters personal and professional development.
The expansion of their staff with two new regional directors increases their capacity to serve more pastors, ensuring that support is accessible across broader geographic areas. Recognizing the importance of rest for pastoral leaders, they are developing a sabbatical toolkit to address the growing need for sabbatical planning.
Their participation in the first Small Church Summit for the Evangelical Presbyterian Church (EPC) and their presence at seven national church conferences through workshops and exhibitions showcases their commitment to equipping pastors with relevant resources and tools.
Moreover, Pastor-In-Residence Ministries has strengthened partnerships with six national church denominations and formed strategic alliances with other ministries, enhancing their ability to support pastors and their families. The growth of their donor base by 25% further indicates a rising recognition of their mission and impact within the community they serve.
This information is meant to be a general summary of Pastor-In-Residence 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $32,117
- Gross Receipts: $230,485
Assets and Liabilities:
- Total Assets: $26,191
- Total Liabilities: $4,551
- Net Assets: $21,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PIR PROGRAM INCOME
Revenue
$32,117
Organization Details
Founding Year
1996
Principal Officer
Roy A Yanke
Website
www.priministries.orgNTEE Category
Code: P58 - Human services
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