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Siloam Missionary Homes

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

EIN: 570956955 ✦ Snow camp, NC ✦ Designated as a 501(c)(3)

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Overview

What is Siloam Missionary Homes?

Siloam Missionary Homes is a nonprofit organization situated in Snow Camp, North Carolina. Its primary mission is to offer temporary housing accommodations for missionaries and their families. These missionaries may be on furlough in the United States, undergoing deputation and fundraising for their upcoming overseas service, or transitioning back to live in the U.S. The organization manages fifteen housing units, catering to the needs of these individuals during their transitional periods. The team at Siloam Missionary Homes comprises eight dedicated employees, ensuring a welcoming and supportive environment for the missionaries during their time of rest or preparation.


Official website here: www.siloamhomes.org

Is Siloam Missionary Homes legitimate?

Siloam Missionary Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Siloam Missionary Homes 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: $98,557
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,425

For more financial information, click here


Official website here: www.siloamhomes.org

What is the mission statement of Siloam Missionary Homes?

Siloam Missionary Homes provides temporary housing for missionaries who are on furlough in the United States or undergoing deputation. Their mission is to offer a place of residence for overseas missionaries and their families during these transitional periods. The homes provide fifteen housing units, catering to missionaries who are returning to live in the US permanently as well. This service aims to support missionaries and their families, enabling them to focus on their spiritual and personal needs during their time in the United States.


Official website here: www.siloamhomes.org

Who is the CEO of Siloam Missionary Homes?

Michael Gay is the President of Siloam Missionary Homes.


Official website here: www.siloamhomes.org

What is the revenue of Siloam Missionary Homes?

Siloam Missionary Homes's revenue in 2022 was $313,648.


Official website here: www.siloamhomes.org

Who are the executives of Siloam Missionary Homes and what are their salaries?

The average compensation at Siloam Missionary Homes during 2022 was $21,498. There are 8 employees and 4 volunteers at Siloam Missionary Homes.


Here are 9 key members and their salaries:


Michael Gay (President)
  • Compensation: $39,096
  • Related: $0
  • Other: $3,739
Rachel George (Director)
  • Compensation: $38,990
  • Related: $0
  • Other: $0
Joyce George (Secretary)
  • Compensation: $20,470
  • Related: $0
  • Other: $12,127
Ray Soyars (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Johns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Massey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Speicher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracie Duff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.siloamhomes.org

Where can I find the form 990 for Siloam Missionary Homes?

Siloam Missionary Homes's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.siloamhomes.org

Learn more at the official website: www.siloamhomes.org

Mission Statement of Siloam Missionary Homes

Siloam Missionary Homes serves a unique purpose in providing temporary housing for overseas missionaries. Born out of a need to support these dedicated individuals, the organization offers fifteen housing units for missionaries and their families who are either on furlough in the United States or undergoing deputation, a period of fundraising before serving overseas. Furthermore, Siloam Missionary Homes extends its services to missionary families who are transitioning back to living in the United States again. This nonprofit organization plays a significant role in providing a temporary home for these individuals, offering a much-needed respite during crucial stages of their missionary journeys.

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Impact




October, 2024

Siloam Missionary Homes creates a significant impact by providing essential temporary housing for missionaries and their families who are returning from overseas service. With fifteen dedicated housing units, they offer a supportive environment for those on furlough, allowing them to reconnect with their families and communities during their transitional periods. The organization not only caters to missionaries preparing for overseas service through deputation and fundraising efforts but also assists families as they readjust to life in the United States after their missions. By ensuring comfortable and accessible accommodations, Siloam Missionary Homes plays a vital role in sustaining the well-being of missionaries, enabling them to focus on their work and ultimately enhancing their impact on global communities. Their work reinforces the connection between faith-based missions and practical support for those who dedicate their lives to serving others.




This information is meant to be a general summary of Siloam Missionary Homes. 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
$313,648 (2022)
Expenses
$367,551 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Gross Receipts: $313,648

Assets and Liabilities:

  • Total Assets: $1,067,894
  • Total Liabilities: $81,692
  • Net Assets: $986,202

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Organization Details

Founding Year

1992

Principal Officer

Michael Gay

Main Address

Post Office Box 705, Snow Camp, NC, 27349

NTEE Category

Code: L400 - Housing

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