Korean Emmanuel United Methodist Church

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

EIN: 842539059 ✦ Englewood, CO ✦ Designated as a 501(c)(3)

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Overview

What is Korean Emmanuel United Methodist Church?

What are the reviews and ratings of this charity?

Charity Navigator Rating: 55%, One-Star out of Four Stars

Korean Emmanuel United Methodist Church has received a low rating of 55%, reflecting a One-Star status. This score indicates significant room for improvement in areas of accountability and transparency, which are crucial for donor trust. Despite some strengths, such as having a fully independent board and no reported material diversion of assets, critical policies and documentation are missing, which adversely impacts their overall score.

The organization scores well in certain financial metrics, including a healthy liabilities-to-assets ratio at 26.77% and a program expense ratio of 57.68%. However, it has not adequately addressed several key governance practices, such as maintaining a website for transparency, having conflict of interest and whistleblower policies, and posting meeting minutes or tax forms online. This lack of transparency may deter potential donors and supporters.

Overall, while Korean Emmanuel United Methodist Church demonstrates some positive governance aspects, the absence of essential accountability measures and online resources suggests a need for improvement to foster greater trust and engagement with stakeholders.


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

Is Korean Emmanuel United Methodist Church legitimate?

Korean Emmanuel United Methodist Church is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean Emmanuel United Methodist Church 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: $41,800

For more financial information, click here

What is the mission statement of Korean Emmanuel United Methodist Church?

This mission statement is temporarily unavailable

Who is the CEO of Korean Emmanuel United Methodist Church?

Richard Hee Nam is the Cfo of Korean Emmanuel United Methodist Church.

What is the revenue of Korean Emmanuel United Methodist Church?

Korean Emmanuel United Methodist Church's revenue in 2022 was $152,827.

Who are the executives of Korean Emmanuel United Methodist Church and what are their salaries?

The average compensation at Korean Emmanuel United Methodist Church during 2022 was $41,800. There is 1 employee and 10 volunteers at Korean Emmanuel United Methodist Church.


There is 1 key member and their salary:


Richard Hee Nam (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Korean Emmanuel United Methodist Church?

Korean Emmanuel United Methodist Church's most recent form 990 was submitted in 2022 and can be accessed here.

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Impact




October, 2024

Korean Emmanuel United Methodist Church significantly impacts its community by focusing on the health and growth of its congregation. By nurturing members in their Christian faith, the church fosters a supportive environment where individuals can grow spiritually. The church emphasizes community building, ensuring that members connect with one another in a shared spirit of faith. Offering programs in religious ministry and education, it facilitates opportunities for both personal growth and collective worship. Located in Englewood, CO, the church serves as a vital space for spiritual development and communal support within its diverse community.




This information is meant to be a general summary of Korean Emmanuel United Methodist Church. 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
$152,827 (2022)
Expenses
$120,581 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $181,741

Assets and Liabilities:

  • Total Assets: $943,223
  • Total Liabilities: $287,344
  • Net Assets: $655,879

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Organization Details

Principal Officer

Richard Hee Nam

Main Address

3095 S University Blvd, Englewood, CO, 80113

NTEE Category

Code: X20 - Religion related

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