Overview
What is Sacred Heart Catholic Parish Endowment Fund?
The Sacred Heart Catholic Parish Endowment Fund is a nonprofit organization situated in Hallettsville, Texas. Its primary source of income is donations and interest earned from investments. The interest revenue is allocated towards supporting the upkeep and maintenance of Sacred Heart Catholic Church and Sacred Heart Catholic School. This includes funding for the upkeep of both the church and school facilities, contributing to the ongoing mission of Catholic education in these institutions.
Is Sacred Heart Catholic Parish Endowment Fund legitimate?
Sacred Heart Catholic Parish Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart Catholic Parish Endowment Fund 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
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What is the mission statement of Sacred Heart Catholic Parish Endowment Fund?
The Sacred Heart Catholic Parish Endowment Fund's mission is centered around supporting the maintenance of Sacred Heart Catholic Church and Sacred Heart Catholic School. This is achieved through the use of funds derived from donations and interest earned on investments. The interest income generated is then allocated towards enhancing Catholic education within the church and school by ensuring their upkeep.
Who is the CEO of Sacred Heart Catholic Parish Endowment Fund?
Rev John C Peters is the Chairman of Sacred Heart Catholic Parish Endowment Fund.
What is the revenue of Sacred Heart Catholic Parish Endowment Fund?
Sacred Heart Catholic Parish Endowment Fund's revenue in 2022 was $147,529.
Who are the executives of Sacred Heart Catholic Parish Endowment Fund and what are their salaries?
There 5 volunteers at Sacred Heart Catholic Parish Endowment Fund.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sacred Heart Catholic Parish Endowment Fund?
Sacred Heart Catholic Parish Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sacred Heart Catholic Parish Endowment Fund
The Sacred Heart Catholic Parish Endowment Fund is dedicated to ensuring the maintenance and upkeep of Sacred Heart Catholic Church and Sacred Heart Catholic School. This mission is achieved through the fund's revenue, which primarily comes from donations and interest earned on its investments. The interest income generated is then utilized to support Catholic education within the church and school, contributing to their overall upkeep.
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Impact
October, 2024
The Sacred Heart Catholic Parish Endowment Fund plays a crucial role in ensuring the ongoing maintenance and improvement of Sacred Heart Catholic Church and Sacred Heart Catholic School in Hallettsville, TX. Through the generous donations received and the interest income generated from its investments, the Fund supports essential upkeep and enhancements that nourish the spiritual and educational environment of the community.
By investing in both the church and the school, the Fund directly contributes to furthering Catholic education and fostering a vibrant faith community. This financial foundation ensures that the facilities remain welcoming and functional, facilitating worship, learning, and community engagement. The impact is significant, as it allows for the continuation of a rich tradition of faith and education, benefiting current and future generations.
This information is meant to be a general summary of Sacred Heart Catholic Parish Endowment Fund. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $118,163
- Gross Receipts: $147,529
Assets and Liabilities:
- Total Assets: $3,705,040
- Total Liabilities: $0
- Net Assets: $3,705,040
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Organization Details
Founding Year
1980
Phone
(361) 798-5888Principal Officer
Rev John C Peters
Main Address
P O Box H, Hallettsville, TX, 77964
NTEE Category
Code: X22Z - Religion related
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