Overview
What is St Luke United Methodist Church Foundation Inc?
St. Luke United Methodist Church Foundation Inc is a nonprofit organization, situated in Sanford, North Carolina. The primary focus of this foundation is to provide financial aid and support to St. Luke United Methodist Church for various capital improvements, as well as extend assistance to other organizations within the Lee County community. This aid is aimed at enhancing the quality of life for those in need. The foundation's mission is to fund and back the operational and programmatic endeavors of St. Luke United Methodist Church.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Star rating)
St Luke United Methodist Church Foundation Inc has received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. The organization’s lack of independent board members and missing key governance policies has contributed to this rating. These deficiencies raise questions about the transparency and oversight of the foundation's operations.
On a positive note, the foundation appears to be effectively allocating its funds, with a program expense ratio of 100%. This suggests that all of its expenses are directed towards its programs, which is a notable strength. However, the absence of a website listed on its tax form and the lack of essential policies such as conflict of interest and whistleblower protections highlight areas needing improvement.
Overall, while the foundation demonstrates a commitment to directing its resources towards programs, its governance structure and accountability practices require significant enhancements. Stakeholders may want to consider these factors when evaluating the organization's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is St Luke United Methodist Church Foundation Inc legitimate?
St Luke United Methodist Church Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Luke United Methodist Church Foundation 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.
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What is the mission statement of St Luke United Methodist Church Foundation Inc?
The St Luke United Methodist Church Foundation Inc's mission is centered around funding and supporting the operations and programs of Saint Luke United Methodist Church. In essence, the foundation aims to contribute financially to the church's activities and initiatives. The foundation has also extended its support to various other organizations, working towards improving the quality of life for individuals in the Lee County community who are in need of assistance.
Who is the CEO of St Luke United Methodist Church Foundation Inc?
A Dean Kelser Jr is the Chairman of St Luke United Methodist Church Foundation Inc.
What is the revenue of St Luke United Methodist Church Foundation Inc?
St Luke United Methodist Church Foundation Inc's revenue in 2022 was $60,920.
Who are the executives of St Luke United Methodist Church Foundation Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for St Luke United Methodist Church Foundation Inc?
St Luke United Methodist Church Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Luke United Methodist Church Foundation Inc
St. Luke United Methodist Church Foundation Inc's mission lies in funding and supporting the operations and programs of St. Luke United Methodist Church. This nonprofit organization is committed to providing financial assistance, aiming to enhance the church's capabilities and reach. Beyond supporting their own institution, the foundation also extends its resources to other organizations working towards improving the quality of life for individuals in need within the Lee County community. The foundation's actions reflect a dedication to making a positive impact, contributing to the betterment of the community as a whole.
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Impact
October, 2024
St. Luke United Methodist Church Foundation Inc. significantly impacts the Sanford, NC community by funding and supporting the operations and programs of Saint Luke United Methodist Church. Through its financial grants, the foundation enhances capital improvements within the church while also extending support to various organizations aimed at improving the quality of life for those in Lee County who are in need. By addressing local challenges and fostering community development, the foundation plays a crucial role in uplifting individuals and families, promoting wellbeing, and strengthening community ties. Its commitment to service ensures that essential resources and programs are available to those who require assistance, ultimately contributing to a healthier and more vibrant community.
This information is meant to be a general summary of St Luke United Methodist Church Foundation 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 2022.
- Investment Income: $13,808
- Gross Receipts: $383,992
Assets and Liabilities:
- Total Assets: $1,066,252
- Total Liabilities: $0
- Net Assets: $1,066,252
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Organization Details
Founding Year
1985
Phone
(919) 774-4888Principal Officer
A Dean Kelser Jr
Main Address
2916 WICKER STREET, SANFORD, NC, 27330
NTEE Category
Code: X11 - Religion related
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