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New Covenant Missions Inc

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

EIN: 820535692 ✦ Coeur dalene, ID ✦ Designated as a 501(c)(3)

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Overview

What is New Covenant Missions Inc?

New Covenant Missions Inc is a nonprofit organization dedicated to both charitable and religious endeavors. They strive to revolutionize the way assistance is provided to nations in need, moving beyond conventional charity aid and fostering self-reliance by enabling individuals to overcome reliance on aid. Their mission is centered around empowering communities to break free from dependency, offering a fresh approach to international aid.


Official website here: www.newcovenantmissions.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75%, Three-Star out of Four Star Rating

New Covenant Missions Inc has received a solid Three-Star rating from Charity Navigator, indicating a respectable overall performance in its operations. The charity excels particularly in accountability and finance, scoring 83%, which reflects strong governance practices including an independent board and no material diversion of assets. The organization maintains a high program expense ratio of 89.90%, demonstrating a commitment to allocating resources directly to its mission.

On the leadership and adaptability front, New Covenant Missions Inc scored 10%, highlighting an area for improvement. However, it has achieved a perfect score in culture and community, showcasing effective feedback collection and utilization practices. This suggests the organization is attentive to stakeholder input and may foster a positive internal environment.

While the charity shows robust performance in many areas, the absence of a whistleblower policy could be seen as a limitation in its governance framework. Overall, New Covenant Missions Inc presents itself as a well-managed organization with a strong focus on programmatic impact, despite needing to enhance certain leadership practices.


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

Is New Covenant Missions Inc legitimate?

New Covenant Missions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Covenant Missions 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: $107,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,425

For more financial information, click here


Official website here: www.newcovenantmissions.org

What is the mission statement of New Covenant Missions Inc?

New Covenant Missions Inc. is actively involved in charitable and religious missions. The organization aims to introduce a novel approach to aiding countries in need, one that transcends conventional charity aid assistance and enables individuals to overcome dependency. This innovative model encourages self-sufficiency, enabling people to break free from reliance on external aid.


Official website here: www.newcovenantmissions.org

Who is the CEO of New Covenant Missions Inc?

Michael Smith is the Treasurer of New Covenant Missions Inc. The CEO's salary of New Covenant Missions Inc is $107,986 and their total compensation is $107,986.


Official website here: www.newcovenantmissions.org

What is the revenue of New Covenant Missions Inc?

New Covenant Missions Inc's revenue in 2022 was $1,775,320.


Official website here: www.newcovenantmissions.org

Who are the executives of New Covenant Missions Inc and what are their salaries?

The average compensation at New Covenant Missions Inc during 2022 was $34,682. There are 5 employees at New Covenant Missions Inc.


Here are 6 key members and their salaries (New Covenant Missions Inc's CEO's salary is $107,986 and their total compensation is $107,986):


Erik E Laursen (President & Ceo)
  • Compensation: $107,986
  • Related: $0
  • Other: $0
Bobby Carmody (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gil Mertz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Hiebert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stemm (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newcovenantmissions.org

Where can I find the form 990 for New Covenant Missions Inc?

New Covenant Missions Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newcovenantmissions.org

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

Mission Statement of New Covenant Missions Inc

New Covenant Missions Inc is dedicated to charitable and religious missions. Their unique approach to helping nations in distress departs from conventional charity aid assistance. Instead, they aim to empower individuals to rise above dependency and achieve self-sufficiency. This innovative model envisages a transformative shift in the way aid is provided, allowing communities to break free from reliance on external assistance.

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Impact




July, 2024

New Covenant Missions Inc has made a significant impact by engaging in charitable and religious missions that go beyond traditional aid assistance. Their vision of empowering people to break free from dependency sets them apart and allows for sustainable change in countries in need. This innovative approach has the potential to create long-lasting, positive effects in the communities they serve.




This information is meant to be a general summary of New Covenant Missions 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
$1,775,320 (2022)
Expenses
$1,813,872 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $65
  • Gross Receipts: $1,775,320

Assets and Liabilities:

  • Total Assets: $341,104
  • Total Liabilities: $81,669
  • Net Assets: $259,435

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Organization Details

Founding Year

2002

Principal Officer

Michael Smith

Main Address

PO BOX 218, COEUR dALENE, ID, 83816

NTEE Category

Code: Q30 - International

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