Overview
What is First Methodist Church-Tua?
First Methodist Church-Tua, as per the provided information, is a nonprofit entity primarily focused on providing support to the First Methodist Church of Keyser, WV. Based on the description, this support seems to involve funding for the church's general operations. The exact nature of this assistance, such as financial aid, resources, or services, is not specified in the data. The church's location is not mentioned in the information provided, so we cannot determine if First Methodist Church-Tua is a separate entity or a specific funding source for the church in Keyser, WV.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% - One-Star out of Four Star rating
First Methodist Church-Tua has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has an overall score of 50%, primarily due to the absence of independent board members and various missing governance policies, which are critical for maintaining transparency and accountability.
Despite the low score, the church shows a strong commitment to program expenses, with a program expense ratio of 97.78%. This suggests that the majority of its resources are directed towards its mission rather than administrative costs. However, the lack of essential governance documents and policies raises questions about the organization's operational integrity and oversight.
The church's missing website and public documentation further illustrate deficiencies in transparency that could affect donor trust. Overall, while First Methodist Church-Tua excels in directing funds towards its programs, it must improve its governance structure and transparency practices to enhance its accountability rating.
This AI summary has been generated from information found on Charity Navigator.
Is First Methodist Church-Tua legitimate?
First Methodist Church-Tua is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Methodist Church-Tua 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: $2,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of First Methodist Church-Tua?
The mission of First Methodist Church-Tua, as stated, is to offer support to the First Methodist Church of Keysers, West Virginia. This support is carried out through general funding, aiming to contribute to the church's operations and activities. The exact nature of the support provided is not specified in the information provided.
Who is the CEO of First Methodist Church-Tua?
Truist Bank is the Trustee of First Methodist Church-Tua.
What is the revenue of First Methodist Church-Tua?
First Methodist Church-Tua's revenue in 2022 was $4,989.
Who are the executives of First Methodist Church-Tua and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,051
- Related: $0
- Other: $0
Where can I find the form 990 for First Methodist Church-Tua?
First Methodist Church-Tua's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of First Methodist Church-Tua
First Methodist Church-Tua's mission is centered around providing support to the First Methodist Church of Keyser, West Virginia. In essence, this organization plays a crucial role in aiding and strengthening the operations of the First Methodist Church of Keyser. This support extends to various aspects, contributing to the church's general functioning. While specific details about the nature of this support are not provided, it can be inferred that First Methodist Church-Tua is committed to ensuring the smooth running of the First Methodist Church of Keyser.
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Impact
October, 2024
First Methodist Church-Tua plays a vital role in supporting the First Methodist Church of Keyser, WV, by providing essential funding that enhances its mission and outreach efforts. This support allows the Keyser congregation to continue its religious activities, community services, and various programs aimed at fostering spiritual growth and enhancing the quality of life for its members and the surrounding community.
By ensuring that the Keyser church has the financial resources needed, First Methodist Church-Tua contributes to a range of initiatives, from worship services and educational programs to community engagement and charitable activities. This not only strengthens the local church's ability to serve its congregation but also promotes community cohesion and support among residents.
Overall, First Methodist Church-Tua's impact is reflected in the sustained vibrancy and effectiveness of the First Methodist Church of Keyser, WV, enabling it to fulfill its mission and make a meaningful difference in the lives of individuals and families in the area.
This information is meant to be a general summary of First Methodist Church-Tua. 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 2022.
- Investment Income: $4,989
- Gross Receipts: $54,826
Assets and Liabilities:
- Total Assets: $123,750
- Total Liabilities: $0
- Net Assets: $123,750
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Organization Details
Founding Year
1962
Phone
(304) 357-5003Principal Officer
Truist Bank
Main Address
PO BOX 919798, ORLANDO, FL, 328919798
NTEE Category
Code: X112 - Religion related
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