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Florida United Methodist Foundation Inc

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

EIN: 591148710 ✦ Lakeland, FL ✦ Designated as a 501(c)(3)

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Overview

What is Florida United Methodist Foundation Inc?

Florida United Methodist Foundation Inc is a nonprofit organization committed to bolstering the ministries of United Methodist churches and agencies. They achieve this mission by promoting Christian stewardship through education, consulting, development, and financial services. By doing so, they receive funds intended for religious, charitable, or educational purposes, thereby contributing significantly to these sectors.


Official website here: www.fumf.org

Is Florida United Methodist Foundation Inc legitimate?

Florida United Methodist Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida United Methodist 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $950,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $650,493

For more financial information, click here


Official website here: www.fumf.org

What is the mission statement of Florida United Methodist Foundation Inc?

Florida United Methodist Foundation's mission is centered around reinforcing the ministries of United Methodist churches and related agencies. They accomplish this by advocating for Christian stewardship through educational programs, consulting services, and financial aid. The foundation's objective is to receive funds for religious, charitable, or educational purposes, thereby contributing to these organizations' growth and development.


Official website here: www.fumf.org

Who is the CEO of Florida United Methodist Foundation Inc?

Rev Edward New is the CEO of Florida United Methodist Foundation Inc The CEO's salary of Florida United Methodist Foundation Inc is $127,827 and their total compensation is $244,679.


Official website here: www.fumf.org

What is the revenue of Florida United Methodist Foundation Inc?

Florida United Methodist Foundation Inc's revenue in 2023 was $7,244,417.


Official website here: www.fumf.org

Who are the executives of Florida United Methodist Foundation Inc and what are their salaries?

The average compensation at Florida United Methodist Foundation Inc during 2023 was $106,731. There are 15 employees and 19 volunteers at Florida United Methodist Foundation Inc.

Here are 24 key members and their salaries (Florida United Methodist Foundation Inc's CEO's salary is $127,827 and their total compensation is $244,679):


Ron Coleman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Bell (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Marks-Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bledsoe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Clarke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Ford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Frye (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Hager (Board Member - Thru 6/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Hannah (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Haralson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emma Harmon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Hurt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Klock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Nussel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Rivera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Simmons (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamika Smith (Board Member - Thru 7/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cesar Villafana (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Vlassis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Edward New (President & Ceo)
  • Compensation: $127,827
  • Related: $0
  • Other: $116,852
Pamela Hicks (Vice President)
  • Compensation: $171,919
  • Related: $0
  • Other: $37,741
Rev John Peterson (Vice President)
  • Compensation: $100,175
  • Related: $0
  • Other: $107,207
Andrew Craske (Vice President)
  • Compensation: $130,474
  • Related: $0
  • Other: $29,405
Margaret Cox (Treasurer)
  • Compensation: $110,220
  • Related: $0
  • Other: $18,655


Official website here: www.fumf.org

Where can I find the form 990 for Florida United Methodist Foundation Inc?

Florida United Methodist Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fumf.org

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

Mission Statement of Florida United Methodist Foundation Inc

Florida United Methodist Foundation, a nonprofit organization, is committed to enhancing the ministries of United Methodist churches and related agencies. They achieve this mission through various means, primarily by promoting Christian stewardship. Their strategies include education, consulting, and providing financial services. The foundation's primary purpose is to receive funds for religious, charitable, or educational purposes, thereby contributing to the growth and development of these ministries. By offering these services, Florida United Methodist Foundation plays a crucial role in supporting and strengthening the United Methodist community.

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Impact




October, 2024

Florida United Methodist Foundation Inc enhances the effectiveness and sustainability of United Methodist Churches and agencies by promoting Christian stewardship. Through comprehensive education, consulting, and financial services, the Foundation empowers these ministries to grow and thrive. By receiving and managing funds for religious, charitable, and educational purposes, it enables communities to develop their programs and outreach efforts, fostering a stronger connection within the faith-based community. The impact can be seen in the strengthened ministries and improved resources that help congregations serve their members and the broader community more effectively.




This information is meant to be a general summary of Florida United Methodist 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.

Revenue
$7,244,417 (2023)
Expenses
$7,135,033 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,149,469
  • Program Service Revenue: $6,220,577
  • Gross Receipts: $46,284,877

Assets and Liabilities:

  • Total Assets: $262,067,515
  • Total Liabilities: $249,400,044
  • Net Assets: $12,667,471

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$5,644,046

TRUST ADMINISTRATIVE FEES

Revenue

$572,409

SEMINAR AND SERVICE FEES

Revenue

$4,122

Organization Details

Founding Year

1966

Principal Officer

Edward New

NTEE Category

Code: X120 - Religion related

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