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Holy Trinity Greek Orthodox Church Endowment Fund

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

EIN: 823020234 ✦ Westfield, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Holy Trinity Greek Orthodox Church Endowment Fund?

The Holy Trinity Greek Orthodox Church Endowment Fund is a nonprofit organization, specifically a grant-giving entity, located at 250 Gallows Hill Road, Westfield, New Jersey 07090. Its primary mission is to support and enhance the ministries of the Holy Trinity Greek Orthodox Church of Westfield, New Jersey. This support could take various forms, such as financing religious programs, community outreach, or other church-related initiatives. The Endowment Fund's objective is to contribute positively to the church's activities and uphold its values.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 40%, Zero-Star out of Four Star rating.

The Holy Trinity Greek Orthodox Church Endowment Fund has received a low rating based primarily on its Accountability & Finance score. While the organization has a high score for maintaining an independent board and demonstrates no material diversion of assets, it lacks key governance policies such as a whistleblower policy and document retention procedures, which significantly detract from its overall evaluation.

Furthermore, the fund's program expense ratio is notably low at 7.16%, indicating that a minimal portion of its budget is directed towards its programs. This raises concerns about the effectiveness of its operations and the impact of its funding on the community it serves.

Despite some strengths in governance, the absence of essential policies and low program expenditure suggest that potential donors should proceed with caution and consider these factors when evaluating their support for the organization.


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

Is Holy Trinity Greek Orthodox Church Endowment Fund legitimate?

Holy Trinity Greek Orthodox Church Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Trinity Greek Orthodox Church 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

For more financial information, click here

What is the mission statement of Holy Trinity Greek Orthodox Church Endowment Fund?

The Holy Trinity Greek Orthodox Church Endowment Fund's mission is centered around supporting the various ministries of a Greek Orthodox church, specifically not specified in the provided information. By providing a grant to the Holy Trinity Greek Orthodox Church of Westfield NJ, the fund contributes to the church's activities and initiatives. The primary goal is to advance the church's mission and serve its community in an unspecified capacity. The fund does not disclose specific details about the nature or scope of the ministries it supports.

Who is the CEO of Holy Trinity Greek Orthodox Church Endowment Fund?

Ted Exarhakos is the Director - President of Holy Trinity Greek Orthodox Church Endowment Fund.

What is the revenue of Holy Trinity Greek Orthodox Church Endowment Fund?

Holy Trinity Greek Orthodox Church Endowment Fund's revenue in 2022 was $33,396.

Who are the executives of Holy Trinity Greek Orthodox Church Endowment Fund and what are their salaries?

There 21 volunteers at Holy Trinity Greek Orthodox Church Endowment Fund.


Here are 21 key members and their salaries:


Felicia Karsos (Director - President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Koutsaftes (Director - Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Exarhakos (Director - Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Colonias (Director - Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanos Arethas (Director - Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Sales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Arbes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Markos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Boutsikaris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Koniaris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Carayannopoulos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Daifotis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Steele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aj Karanikolas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Ladas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Sikellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Demetrios Skalkotos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Pangis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Tarhanidis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Dombalis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Notis Kotsolios (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Holy Trinity Greek Orthodox Church Endowment Fund?

Holy Trinity Greek Orthodox Church Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Holy Trinity Greek Orthodox Church Endowment Fund

The Holy Trinity Greek Orthodox Church Endowment Fund's mission is centered around benefiting the various ministries of the Holy Trinity Greek Orthodox Church. This nonprofit organization is dedicated to supporting the church's initiatives and activities, aiming to contribute positively to its overall operations and impact. By providing a grant to the Holy Trinity Greek Orthodox Church of Westfield NJ, the Endowment Fund plays a crucial role in strengthening and enhancing the church's services and programs. This support can potentially lead to a more enriching experience for the church's community and its members.

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Impact




October, 2024

The Holy Trinity Greek Orthodox Church Endowment Fund significantly impacts the community by providing essential financial support to the ministries of the Holy Trinity Greek Orthodox Church in Westfield, NJ. This funding allows the church to enhance its religious programs, outreach initiatives, and community services, fostering spiritual growth and connection among its members. By ensuring the sustainability of various ministries, the Endowment Fund plays a crucial role in nurturing the church's mission and facilitating a vibrant religious environment for worship and fellowship. Through its grants, the fund not only strengthens the church's ability to serve its congregation, but also contributes to the overall well-being of the broader community.




This information is meant to be a general summary of Holy Trinity Greek Orthodox Church 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.

Revenue
$33,396 (2022)
Expenses
$14,239 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $33,396
  • Gross Receipts: $33,396

Assets and Liabilities:

  • Total Assets: $1,136,840
  • Total Liabilities: $0
  • Net Assets: $1,136,840

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Organization Details

Founding Year

2018

Principal Officer

Ted Exarhakos

Main Address

250 Gallows Hill Road, Westfield, NJ, 07090

NTEE Category

Code: X12 - Religion related

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