Overview
What is First Baptist Church Lubbock Foundation?
The First Baptist Church Lubbock Foundation is a charitable organization, based in Lubbock, Texas, with an address at 2201 BROADWAY, 794012998. Its primary objective is to manage funds for the First Baptist Church of Lubbock and maintain an endowment to benefit the church. In the recent fiscal year ending March 2023, due to staffing, COVID-19, and timing issues, a distribution to the church was not made. However, a catch-up distribution has already been calculated and is being processed. The foundation's mission is to provide financial support for major building and maintenance projects of the church, thereby sustaining and enhancing its ministries.
Official website here: www.firstlubbock.org
Is First Baptist Church Lubbock Foundation legitimate?
First Baptist Church Lubbock Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Baptist Church Lubbock 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
Official website here: www.firstlubbock.org
What is the mission statement of First Baptist Church Lubbock Foundation?
The First Baptist Church Lubbock Foundation's mission is centered around providing financial support for significant building and maintenance projects within the First Baptist Church. This support is aimed at maintaining and strengthening the church's ministries. The foundation was established to manage funds for the First Baptist Church of Lubbock and maintain an endowment for its benefit. Due to staffing, COVID-19, and timing issues, a distribution to the church was not made during the fiscal year ending in March 2023. However, a catch-up distribution has been calculated and is currently being paid to the church.
Official website here: www.firstlubbock.org
Who is the CEO of First Baptist Church Lubbock Foundation?
Dean Johnson is the Deacon Chairman of First Baptist Church Lubbock Foundation.
Official website here: www.firstlubbock.org
What is the revenue of First Baptist Church Lubbock Foundation?
First Baptist Church Lubbock Foundation's revenue in 2023 was $169,225.
Official website here: www.firstlubbock.org
Who are the executives of First Baptist Church Lubbock Foundation and what are their salaries?
There 7 volunteers at First Baptist Church Lubbock Foundation.
Here are 8 key members and their salaries:
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Official website here: www.firstlubbock.org
Where can I find the form 990 for First Baptist Church Lubbock Foundation?
First Baptist Church Lubbock Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.firstlubbock.org
Learn more at the official website: www.firstlubbock.org
Mission Statement of First Baptist Church Lubbock Foundation
The First Baptist Church Lubbock Foundation's mission is centered around providing financial support for significant building and maintenance projects within the First Baptist Church. This support is instrumental in maintaining and sustaining the church's ministries. The foundation was established with the purpose of managing funds and maintaining an endowment beneficial for the church. Despite challenges such as staffing issues, COVID-19, and timing difficulties, the foundation did not make a distribution to the church during the fiscal year ending in March 2023. However, a catch-up distribution has been calculated and is currently in the process of being paid to the church. This highlights the foundation's commitment to its mission, even in the face of adversity.
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Impact
October, 2024
First Baptist Church Lubbock Foundation plays a vital role in ensuring the overall development and sustainability of First Baptist Church and its various ministries. By providing financial support for major building and maintenance projects, the Foundation helps maintain a conducive environment for worship and community engagement.
Although there were challenges during the fiscal year ending March 2023 that prevented a distribution to the church, a catch-up distribution is currently in process. This demonstrates the Foundation's commitment to its mission of funds management and endowment maintenance, ensuring that financial resources are available to support the church's ongoing needs.
By prioritizing the church's structural and maintenance requirements, the Foundation actively contributes to the enhancement of community services and programs, ultimately reinforcing the significance of First Baptist Church within the Lubbock community.
This information is meant to be a general summary of First Baptist Church Lubbock 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $103,118
- Gross Receipts: $169,225
Assets and Liabilities:
- Total Assets: $2,213,539
- Total Liabilities: $0
- Net Assets: $2,213,539
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Organization Details
Founding Year
1998
Phone
(806) 795-4238Principal Officer
Dean Johnson
Main Address
2201 BROADWAY, LUBBOCK, TX, 794012998
Website
www.firstlubbock.orgNTEE Category
Code: X20Z - Religion related
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