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Fundamental Baptist Home Missions Inc

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

EIN: 581484537 ✦ Bessemer city, NC ✦ Designated as a 501(c)(3)

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Overview

What is Fundamental Baptist Home Missions Inc?

Fundamental Baptist Home Missions Inc is a nonprofit organization based in Bessemer City, North Carolina. Their primary focus is providing financial support for the living expenses and church needs of 116 missionaries who dedicate their time to spreading the gospel of Jesus Christ. This support enables these missionaries to preach the word, establish churches, and train men to become missionaries, teachers, and pastors. Their work is integral to the growth and spread of the Baptist faith, contributing to the spiritual well-being of communities.


Official website here: www.fbhm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating. This rating reflects a solid performance in accountability and finance for Fundamental Baptist Home Missions Inc. The organization has a comprehensive accountability score, indicating its commitment to transparency and responsible financial practices.

The charity's strengths include a fully independent board, which enhances its governance, as all members (8 out of 8 points) are independent. Additionally, it has demonstrated no material diversion of assets and maintains high program expense ratios, with 96.77% of its expenses directed toward its programs. Its commitment to policies regarding conflicts of interest and whistleblower protections further showcases its dedication to ethical operation.

While the overall rating is commendable, it is based solely on accountability and finance metrics without evaluating other potential aspects of performance such as program effectiveness or community impact. This limited scope means that while the financial practices are strong, it does not provide a full picture of the charity's overall effectiveness in achieving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Fundamental Baptist Home Missions Inc legitimate?

Fundamental Baptist Home Missions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fundamental Baptist Home Missions 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fbhm.org

What is the mission statement of Fundamental Baptist Home Missions Inc?

Fundamental Baptist Home Missions Inc's primary mission is centered around spreading the Gospel of Jesus Christ. They accomplish this by supporting missionaries financially, enabling them to live and preach effectively. Their objective extends beyond just financial support, as they also aim to establish churches and train men to become missionaries, teachers, and pastors. The organization plays a significant role in nurturing future spiritual leaders. The financial aid provided by Fundamental Baptist Home Missions Inc is utilized for the missionaries' living expenses and church needs, benefitting 116 missionaries in their endeavor to propagate the Gospel.


Official website here: www.fbhm.org

Who is the CEO of Fundamental Baptist Home Missions Inc?

Gene Chip Stowe is the President of Fundamental Baptist Home Missions Inc.


Official website here: www.fbhm.org

What is the revenue of Fundamental Baptist Home Missions Inc?

Fundamental Baptist Home Missions Inc's revenue in 2023 was $1,863,781.


Official website here: www.fbhm.org

Who are the executives of Fundamental Baptist Home Missions Inc and what are their salaries?

There 116 volunteers at Fundamental Baptist Home Missions Inc.


Here are 7 key members and their salaries:


Chip Stowe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Stewart (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucille B Ellis (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernesto Andrade (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grady Gregory (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bo Wagner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fbhm.org

Where can I find the form 990 for Fundamental Baptist Home Missions Inc?

Fundamental Baptist Home Missions Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fbhm.org

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

Mission Statement of Fundamental Baptist Home Missions Inc

Fundamental Baptist Home Missions Inc is an organization dedicated to supporting missionaries in spreading the gospel of Jesus Christ. Their primary mission is to preach this message, establish new churches, and train men to become missionaries, teachers, and pastors. To achieve this, they provide financial assistance for living expenses and church needs to over one hundred and sixteen missionaries under their auspices. This financial support enables these individuals to focus on their mission of sharing the gospel, establishing new congregations, and mentoring others in their faith. By doing so, Fundamental Baptist Home Missions Inc plays a crucial role in spreading the teachings of Jesus Christ and fostering the growth of religious communities.

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Impact




July, 2024

Fundamental Baptist Home Missions Inc has a significant impact by supporting missionaries in preaching the Gospel of Jesus Christ. They provide financial support for living expenses and church needs to 116 Fundamental Baptist home missionaries. Through this support, the organization plays a crucial role in spreading the message of Jesus Christ, establishing churches, and training individuals to be missionaries, teachers, and pastors. Their work in Bessemer City, NC, reflects their dedication to advancing the teachings of Christianity and building a strong community of believers.




This information is meant to be a general summary of Fundamental Baptist Home Missions 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.

Revenue
$1,863,781 (2023)
Expenses
$1,830,236 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,741
  • Gross Receipts: $1,863,781

Assets and Liabilities:

  • Total Assets: $995,175
  • Total Liabilities: $0
  • Net Assets: $995,175

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Organization Details

Founding Year

1982

Principal Officer

Gene Chip Stowe

Main Address

P O BOX 1510, BESSEMER CITY, NC, 28016

NTEE Category

Code: X20Z - Religion related

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