First United Methodist Church Of Waco Foundation

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

EIN: 742410127 ✦ Waco, TX ✦ Designated as a 501(c)(3)

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Overview

What is First United Methodist Church Of Waco Foundation?

First United Methodist Church Of Waco Foundation is a charitable organization situated in Waco, Texas, specifically at 4901 Cobbs Dr. Its primary mission is to offer financial aid in the form of scholarships to students pursuing studies at Methodist seminaries. Furthermore, this foundation also contributes funds for capital improvements to the First United Methodist Church of Waco. This nonprofit entity aims to support the educational aspirations of Methodist seminary students and contribute to the upkeep of its affiliated church.

Is First United Methodist Church Of Waco Foundation legitimate?

First United Methodist Church Of Waco Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First United Methodist Church Of Waco 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

What is the mission statement of First United Methodist Church Of Waco Foundation?

The First United Methodist Church Of Waco Foundation's primary mission is to support Methodist seminary students by providing scholarships. Additionally, the foundation contributes funds for capital improvements to the First United Methodist Church of Waco. In essence, the foundation's role is twofold: it aids in the education of future religious leaders and contributes to the upkeep and enhancement of the church's physical structure.

Who is the CEO of First United Methodist Church Of Waco Foundation?

Lauren Lindsey is the Member of First United Methodist Church Of Waco Foundation.

What is the revenue of First United Methodist Church Of Waco Foundation?

First United Methodist Church Of Waco Foundation's revenue in 2022 was $221,585.

Who are the executives of First United Methodist Church Of Waco Foundation and what are their salaries?


Here are 12 key members and their salaries:


Jim Baker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Haller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Hornung (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Haynes-Clowe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Mankin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellie Morrison (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Welch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Johnson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Palmer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Gardell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Harding (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Lindsey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First United Methodist Church Of Waco Foundation?

First United Methodist Church Of Waco Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of First United Methodist Church Of Waco Foundation

The First United Methodist Church Of Waco Foundation is dedicated to supporting the educational pursuits of Methodist seminary students. This philanthropic organization extends its mission by providing financial aid to these students, fostering their growth and development in the religious field. Additionally, the foundation contributes funds for capital improvements to the First United Methodist Church of Waco, ensuring its continued upkeep and enhancement. By investing in both the spiritual education of future clergy and the physical well-being of their local church, the First United Methodist Church Of Waco Foundation plays a significant role in strengthening their religious community.

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Impact




October, 2024

First United Methodist Church of Waco Foundation has a significant impact by providing scholarships to Methodist seminary students, supporting their education and formation as future leaders in the church. This financial assistance fosters the growth of faith-driven individuals who are equipped to serve their communities and spread the message of Methodism. Additionally, the foundation allocates funds for capital improvements to the First United Methodist Church of Waco, ensuring that the church remains a vibrant and welcoming space for worship and community engagement. Through these efforts, the foundation enhances both the educational landscape for future clergy and the physical presence of the church in Waco, Texas.




This information is meant to be a general summary of First United Methodist Church Of Waco 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
$221,585 (2022)
Expenses
$135,615 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $145,483
  • Gross Receipts: $462,348

Assets and Liabilities:

  • Total Assets: $3,285,862
  • Total Liabilities: $0
  • Net Assets: $3,285,862

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Organization Details

Founding Year

1986

Principal Officer

Lauren Lindsey

Main Address

4901 COBBS DR, WACO, TX, 76710

NTEE Category

Code: X20 - Religion related

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