The Oklahoma United Methodist Foundation

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

EIN: 730758119 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is The Oklahoma United Methodist Foundation?

The Oklahoma United Methodist Foundation is a nonprofit organization situated in Oklahoma City, Oklahoma. Their primary objective is to promote and uphold the Christian faith as per the teachings of The United Methodist Church within Oklahoma. The foundation has actively contributed to various charitable causes, including providing $144,000 to support foster care ministry and the Pearls Hope Transitional Living Program for single mothers. Pearls Hope offers financial, educational, and familial resources to help these women secure and maintain independent housing. Additionally, the foundation has launched the Parent to Parent Program with a $75,000 investment, aiming to guide parents through the child welfare system, empower them, and strengthen families. The foundation also extends $24,000 of general support to foster care ministries. With a team of 15 dedicated individuals, the Oklahoma United Methodist Foundation is committed to enhancing lives and communities in Oklahoma.


Official website here: www.lastinggood.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

The Oklahoma United Methodist Foundation has received an 81% score, indicating a solid performance in accountability and finance. The organization boasts a board comprised entirely of independent members, which reflects strong governance practices. Its financial oversight is thorough, as evidenced by a perfect score on the audit and oversight committee, and it maintains transparency through documented board meeting minutes and various policies that safeguard its operations.

However, the foundation does have a low score in the liabilities to assets ratio, which may raise concerns about its financial stability. Despite this, the program expense ratio is commendable, showing that a significant majority of its resources are directed toward its mission. Overall, the foundation demonstrates a commitment to responsible financial management, although potential donors should be mindful of its liabilities when considering their support.


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

Is The Oklahoma United Methodist Foundation legitimate?

The Oklahoma United Methodist Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Oklahoma United Methodist 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: $727,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $971,313

For more financial information, click here


Official website here: www.lastinggood.org

What is the mission statement of The Oklahoma United Methodist Foundation?

The Oklahoma United Methodist Foundation's mission is centered around promoting and extending the Christian Faith as per the doctrine and worship of The United Methodist Church. Their activities are geared towards establishing and maintaining this faith in various capacities. They have provided financial support to various programs, such as the Oklahoma United Methodist Circle of Care's foster care ministry and Pearls Hope Transitional Living Program for single mothers, as well as launched the Parent to Parent Program to guide parents through the child welfare system. Their general support for foster care ministry further underscores their commitment to this mission.


Official website here: www.lastinggood.org

Who is the CEO of The Oklahoma United Methodist Foundation?

William Junk is the President of The Oklahoma United Methodist Foundation.


Official website here: www.lastinggood.org

What is the revenue of The Oklahoma United Methodist Foundation?

The Oklahoma United Methodist Foundation's revenue in 2022 was $5,185,917.


Official website here: www.lastinggood.org

Who are the executives of The Oklahoma United Methodist Foundation and what are their salaries?

The average compensation at The Oklahoma United Methodist Foundation during 2022 was $113,240. There are 15 employees at The Oklahoma United Methodist Foundation.


Here are 36 key members and their salaries:


William Junk (President)
  • Compensation: $307,884
  • Related: $0
  • Other: $61,050
David Battles (Executive Vice-President)
  • Compensation: $208,053
  • Related: $0
  • Other: $48,741
Billy Meade (Controller & Treasurer)
  • Compensation: $208,753
  • Related: $0
  • Other: $43,045
Joseph Wiley (Senior Advisor)
  • Compensation: $124,352
  • Related: $0
  • Other: $42,333
Cynthia Jones (Systems Developer)
  • Compensation: $112,826
  • Related: $0
  • Other: $41,285
Alan Herndon (Director Of Gift Planning)
  • Compensation: $117,073
  • Related: $0
  • Other: $36,755
Cara Nicklas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Jimmy Nunn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Roberts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Long (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Tish Malloy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Mcguire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Wheeler Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev David Wiggs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denver Woolsey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Springer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Sutter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Washburn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Ray Crawford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev David Daniel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Carol Cook Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Derrek Belase (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Mouzon Biggs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev David Burris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Farabough (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Kim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Lareau (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lambert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Judkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Gamble (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Foskin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Armstrong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Carter (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Braught (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lastinggood.org

Where can I find the form 990 for The Oklahoma United Methodist Foundation?

The Oklahoma United Methodist Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lastinggood.org

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

Mission Statement of The Oklahoma United Methodist Foundation

The Oklahoma United Methodist Foundation, as per its mission, is dedicated to fostering, promoting, and expanding the Christian Faith in accordance with the established doctrine and worship of The United Methodist Church within the state of Oklahoma. This foundation strives to achieve this goal by providing financial support and resources to various initiatives that align with its mission.

One of the ways in which the foundation fulfills its mission is by providing funds to organizations such as the Oklahoma United Methodist Circle of Care, Inc. and Pearls Hope Transitional Living Program. The funds provided to the Circle of Care support foster care ministry, while Pearls Hope offers financial, educational, and familial resources to single mothers, enabling them to secure and maintain housing independently. The foundation also launched the Parent to Parent Program, providing guidance to parents navigating the child welfare system. By empowering parents, restoring families, and transforming generations, this program aligns with the foundation's mission. Additionally, the foundation offers general support for foster care ministry, furthering its commitment to its mission.

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Impact




July, 2024

The Oklahoma United Methodist Foundation has made a significant impact by providing funds to support foster care ministry and transitional living programs for single mothers in the state of Oklahoma. They have contributed $144,000 to the Oklahoma United Methodist Circle of Care, Inc. to support these initiatives, specifically benefiting the Pearls Hope Transitional Living Program. This program offers financial, educational, and familial resources to single mothers seeking to secure and maintain housing independently. Additionally, the Foundation allocated $75,000 to launch the Parent to Parent Program, which serves as a guide for parents navigating the child welfare system, with a focus on empowering parents, restoring families, and transforming generations. In total, the Foundation has contributed $24,000 of general support for foster care ministry, making a positive difference in the lives of individuals and families in need within the community.




This information is meant to be a general summary of The Oklahoma United Methodist 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
$5,185,917 (2022)
Expenses
$4,707,280 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,877,707
  • Program Service Revenue: $2,419,455
  • Gross Receipts: $5,369,871

Assets and Liabilities:

  • Total Assets: $410,959,651
  • Total Liabilities: $373,072,595
  • Net Assets: $37,887,056

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Programs

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

Account service fees

Revenue

$2,419,455

Organization Details

Founding Year

1944

Principal Officer

William Junk

Main Address

4201 N CLASSEN BLVD, Oklahoma City, OK, 731182400

NTEE Category

Code: X20 - Religion related

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