Missouri Brotherhood Financial Services Inc

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

EIN: 753183150 ✦ La russell, MO ✦ Designated as a 501(c)(4)

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Overview

What is Missouri Brotherhood Financial Services Inc?

Missouri Brotherhood Financial Services Inc is a nonprofit organization that offers below-market loans and financial assistance for homesteads and related purposes to individuals of the Mennonite faith who meet specific financial requirements. Based on the provided information, the organization's mission is to provide financial aid to its community, thereby supporting their housing needs. Although the exact activities or schedule of operations is not disclosed, it is clear that Missouri Brotherhood Financial Services Inc is dedicated to serving the Mennonite community with affordable financial solutions.

Is Missouri Brotherhood Financial Services Inc legitimate?

Missouri Brotherhood Financial Services Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Missouri Brotherhood Financial Services 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,300

For more financial information, click here

What is the mission statement of Missouri Brotherhood Financial Services Inc?

Missouri Brotherhood Financial Services is an organization dedicated to assisting members of the Mennonite faith who face financial hardships. They provide below-market loans and financial support for homesteads and related purposes, extending a helping hand to those in need. The organization's mission is centered around supporting its community, ensuring that eligible individuals can secure financing for essential home-related expenses.

Who is the CEO of Missouri Brotherhood Financial Services Inc?

Melvin Yoder is the Chairman of Missouri Brotherhood Financial Services Inc.

What is the revenue of Missouri Brotherhood Financial Services Inc?

Missouri Brotherhood Financial Services Inc's revenue in 2022 was $89,316.

Who are the executives of Missouri Brotherhood Financial Services Inc and what are their salaries?


Here are 6 key members and their salaries:


Jonathan Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Nissley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ephraim Peight (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Graber (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin Yoder (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laverne Schlabach (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Missouri Brotherhood Financial Services Inc?

Missouri Brotherhood Financial Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Missouri Brotherhood Financial Services Inc

Missouri Brotherhood Financial Services is an organization dedicated to extending below-market loans and financial aid to individuals of the Mennonite faith who exhibit a genuine need for such assistance, primarily for homesteads and related purposes. This nonprofit's mission is centered around providing financial support to its community members, ensuring they can secure their homes and related necessities under more favorable loan terms.

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Impact




October, 2024

Missouri Brotherhood Financial Services Inc significantly impacts the lives of its members by offering below-market loans and financial support specifically tailored for homesteads and related needs. This assistance is directed toward individuals within the Mennonite faith who demonstrate a genuine financial need, enabling them to secure housing and improve their living conditions. By providing accessible financial solutions, the organization fosters economic stability and self-sufficiency within the community, ultimately enhancing the quality of life for its members. The financial support helps individuals and families build or maintain their homes, contributing to a stronger and more cohesive community in La Russell, Missouri.




This information is meant to be a general summary of Missouri Brotherhood Financial Services 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
$89,316 (2022)
Expenses
$95,744 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,120
  • Program Service Revenue: $88,196
  • Gross Receipts: $89,316

Assets and Liabilities:

  • Total Assets: $3,182,913
  • Total Liabilities: $3,135,758
  • Net Assets: $47,155

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Programs

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

MEMBER LOANS

Revenue

$88,196

Organization Details

Founding Year

2005

Principal Officer

Melvin Yoder

Main Address

2269 HWY YY, LA RUSSELL, MO, 64848

NTEE Category

Code: Z99 - Unknown

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