Overview
What is St John Endowment Trust Fund Inc?
St. John Endowment Trust Fund Inc. is a nonprofit organization situated in Oak Harbor, Ohio, specifically at 122 W Ottawa St. Their primary role is to manage the endowment of St. John Lutheran Church in Oak Harbor, Ohio. The fund has committed to distributing a portion of its year-end net value, with half of the distributions supporting missions and ministries within the church and the other half allocated to support missions and ministries of the Evangelical Lutheran Church of America and the Greater Oak Harbor, Ohio community.
Is St John Endowment Trust Fund Inc legitimate?
St John Endowment Trust Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St John Endowment Trust Fund 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:
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Other Salaries and Wages: $0
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What is the mission statement of St John Endowment Trust Fund Inc?
The St John Endowment Trust Fund Inc's mission is centered around managing an endowment, specifically that of St. John Lutheran Church in Oak Harbor, Ohio. The primary objective is to make distributions that assist in supporting the missions and ministries of the church. In practice, this involves distributing a certain percentage of its year-end net value, with half of that amount allocated to initiatives within St. John Lutheran Church and the other half directed towards missions and ministries affiliated with the Evangelical Lutheran Church of America and the wider Oak Harbor community in Ohio.
Who is the CEO of St John Endowment Trust Fund Inc?
Doug Ceraldi is the President of St John Endowment Trust Fund Inc.
What is the revenue of St John Endowment Trust Fund Inc?
St John Endowment Trust Fund Inc's revenue in 2022 was -$10,637.
Who are the executives of St John Endowment Trust Fund Inc and what are their salaries?
There 7 volunteers at St John Endowment Trust Fund Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for St John Endowment Trust Fund Inc?
St John Endowment Trust Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St John Endowment Trust Fund Inc
St. John Endowment Trust Fund Inc is dedicated to managing an endowment, primarily derived from St. John Lutheran Church of Oak Harbor, Ohio. Its primary objective is to distribute funds supporting the missions and ministry of the church. The organization makes distributions, with approximately 6% of its year-end net value being committed to this cause. Half of these distributions are allocated to missions within St. John Lutheran Church of Oak Harbor, while the other half is utilized to support missions and ministries of the Evangelical Lutheran Church of America and the broader Oak Harbor, Ohio community.
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Impact
October, 2024
St John Endowment Trust Fund Inc significantly influences both the local community and the broader religious landscape through its financial support of various missions and ministries. By managing the endowment of St. John Lutheran Church in Oak Harbor, Ohio, it ensures a sustainable source of funding for initiatives that align with the church's mission.
The fund commits to distributing approximately 6% of its year-end net value, effectively channeling resources into two primary areas: half of these distributions support missions directly within St. John Lutheran Church, fostering spiritual growth and community engagement. The other half extends its impact beyond the church, aiding missions and ministries affiliated with the Evangelical Lutheran Church of America and addressing needs within the greater Oak Harbor community.
This dual focus not only strengthens the church's internal programs but also reinforces its role as a vital contributor to the social and spiritual fabric of Oak Harbor, thereby fostering a sense of community and shared purpose among its members and the wider population.
This information is meant to be a general summary of St John Endowment Trust Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$18,157
- Gross Receipts: $478,414
Assets and Liabilities:
- Total Assets: $813,298
- Total Liabilities: $0
- Net Assets: $813,298
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Organization Details
Founding Year
2021
Phone
(419) 898-6474Principal Officer
Doug Ceraldi
Main Address
122 W OTTAWA ST, OAK HARBOR, OH, 43449
NTEE Category
Code: X21 - Religion related
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