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Sylva Fumc Foundation

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

EIN: 562190858 ✦ Sylva, NC ✦ Designated as a 501(c)(3)

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Overview

What is Sylva Fumc Foundation?

The Sylva Fumc Foundation is a charitable organization, specifically based to support Sylva First United Methodist. Its primary role involves receiving donations, managing these funds meticulously, and distributing them in accordance with their beneficiary. The foundation operates in a manner that solely generates interest income, ensuring that no program-related expenses are incurred. Furthermore, the Sylva Fumc Foundation also accepts and manages restricted cash donations, demonstrating its dedication to its given purpose.


Official website here: www.none

Is Sylva Fumc Foundation legitimate?

Sylva Fumc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sylva Fumc Foundation 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.none

What is the mission statement of Sylva Fumc Foundation?

The Sylva Fumc Foundation's primary objective is to receive donations, manage these funds effectively, and distribute them for the benefit of Sylva First United Methodist. The foundation operates programs that generate interest income without incurring program expenses. Furthermore, it manages restricted cash donations on behalf of the recipients. The foundation's role is to support the interests of Sylva First United Methodist, ensuring the proper allocation and utilization of the funds it receives.


Official website here: www.none

Who is the CEO of Sylva Fumc Foundation?

Craig N Green is the Chairman of Sylva Fumc Foundation.


Official website here: www.none

What is the revenue of Sylva Fumc Foundation?

Sylva Fumc Foundation's revenue in 2022 was $30,671.


Official website here: www.none

Who are the executives of Sylva Fumc Foundation and what are their salaries?

There 8 volunteers at Sylva Fumc Foundation.


Here are 5 key members and their salaries:


Patrick Dowling (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Massie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Cogdill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Sylva Fumc Foundation?

Sylva Fumc Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Sylva Fumc Foundation

The Sylva First United Methodist Foundation, in essence, serves as a facilitator for donations. Its primary mission is to collect, manage, and distribute funds on behalf of Sylva First United Methodist. The organization operates in a way that generates interest income without incurring program expenses. Furthermore, it manages and administers restricted cash donations, ensuring they are utilized in accordance with the donors' intentions. The Sylva First United Methodist Foundation plays a crucial role in channeling financial support towards the betterment of the community, all while adhering to the donors' stipulations.

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Impact




October, 2024

The Sylva Fumc Foundation significantly impacts the community by effectively managing gifts and funds for Sylva First United Methodist. By focusing on generating interest income, the foundation ensures that financial resources are maximized without incurring additional program expenses. This approach allows for the efficient administration of both unrestricted and restricted cash donations, strengthening the church's mission and outreach initiatives. The foundation's efforts contribute to the sustainability of programs that enhance local community engagement, support church activities, and address the needs of its members in Sylva, NC.




This information is meant to be a general summary of Sylva Fumc Foundation. 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
$30,671 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $671
  • Gross Receipts: $30,671

Assets and Liabilities:

  • Total Assets: $67,508
  • Total Liabilities: $0
  • Net Assets: $67,508

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Organization Details

Founding Year

2000

Principal Officer

Craig N Green

Main Address

PO BOX 296 77 JACKSON STREET, SYLVA, NC, 28779

Website

www.none

NTEE Category

Code: T11 - Philanthropy

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