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Gnbc International Corporation

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

EIN: 833802424 ✦ Hamilton, VA ✦ Designated as a 501(c)(3)

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Overview

What is Gnbc International Corporation?

Gnbc International Corporation is a nonprofit organization that is committed to supporting Christian causes globally. Their primary focus includes church growth and alleviating poverty. They run VeDeme Orphanage and Children's School in Ghana, providing living quarters and reduced tuition for 76 orphans and 150 school children, totaling an expense of $28,550. Furthermore, they financially aid Good News Bible Church in Ghana, funding missionary activities, capital expenditures, and relief efforts such as food, medical aid, and construction projects, with a total cost of $25,650.

Is Gnbc International Corporation legitimate?

Gnbc International Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gnbc International Corporation submitted a form 990EZ, 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.

What is the mission statement of Gnbc International Corporation?

GNBC International Corporation is dedicated to supporting Christian endeavors globally. Their mission encompasses providing resources for church growth and offering assistance, particularly in the area of poverty relief. One of their significant initiatives is the operation of VeDeme Orphanage and Children's School in Ghana, which provides housing and reduced-cost education to 76 orphans and 150 school children, at a total annual expense of $28,550. Furthermore, the corporation funds various projects in Ghana, including medical relief, missionary expenses, house and church construction, and conference expenses, amounting to $25,650. Overall, GNBC International Corporation's mission is geared towards supporting Christian causes and addressing social issues, such as poverty, through their various initiatives.

Who is the CEO of Gnbc International Corporation?

Walter Jay Moon is the Vice President of Gnbc International Corporation.

What is the revenue of Gnbc International Corporation?

Gnbc International Corporation's revenue in 2022 was $90,878.

Who are the executives of Gnbc International Corporation and what are their salaries?


Here are 3 key members and their salaries:


Edward Wormald (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Jay Moon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Damon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Gnbc International Corporation?

Gnbc International Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Gnbc International Corporation

GNBC International Corporation is a non-profit organization committed to fostering Christian initiatives globally. Its mission encompasses two key areas: church growth and poverty relief. In line with this mission, GNBC operates the VeDeme Orphanage and Children's School in Ghana, offering housing and reduced-cost education to 76 orphans and 150 school children, respectively. The organization's annual expenses for these initiatives amount to $28,550.

Beyond orphanage and schooling, GNBC International Corporation extends its support to Christian missions in Ghana. This includes funding for missionary activities, capital expenditures, food and medical relief, conference expenses, house construction, and church construction. The total cost of these initiatives is $25,650. The organization's commitment to Ghana extends to humanitarian efforts, providing aid in the form of food and medical relief. GNBC International Corporation's mission is to contribute to the betterment of communities worldwide, with a focus on supporting Christian endeavors and alleviating poverty.

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Impact




October, 2024

Gnbc International Corporation plays a significant role in supporting Christian initiatives and addressing poverty in Ghana and beyond. By operating the VeDeme Orphanage and Children's School, the organization provides essential housing, food, and education to 76 orphans and offers reduced tuition for 150 school children, demonstrating a strong commitment to improving the lives of vulnerable populations.

Beyond direct aid to children, Gnbc also funds various missionary activities and capital projects for the Good News Bible Church in Ghana. This includes providing food and medical relief, organizing conferences, and constructing homes and churches, all of which are crucial for community development and spiritual growth. With total expenditures around $54,200, the organization's efforts are instrumental in fostering growth and providing essential resources to enhance the quality of life for those in need.




This information is meant to be a general summary of Gnbc International Corporation. 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
$90,878 (2022)
Expenses
$80,667 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $90,878

Assets and Liabilities:

  • Total Assets: $22,472
  • Total Liabilities: $0
  • Net Assets: $22,472

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Organization Details

Principal Officer

Walter Jay Moon

Main Address

16580 Swanbourne Drive, Hamilton, VA, 20158

NTEE Category

Code: Q30 - International

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