Overview
What is Multi-Church Initiative Inc?
Multi-Church Initiative Inc, with the Doing Business As Name of "New Branches," is a collaborative venture between three religious institutions: Lake Nokomis Lutheran Church, Living Table United Church of Christ, and Spirit of St. Stephen Catholic Community. This partnership aims to acquire and manage a shared property, as per Section 501(c)(25) of the Internal Revenue Code. The collaboration allows each church to maintain its unique faith identity while collectively managing the property, hence fostering unity and shared resources. The organization is headquartered in Minneapolis, Minnesota, and employs a modest team of two individuals.
Official website here: www.newbranchesmn.org
Is Multi-Church Initiative Inc legitimate?
Multi-Church Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Multi-Church Initiative 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: $0
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Other Salaries and Wages: $19,989
For more financial information, click here
Official website here: www.newbranchesmn.org
What is the mission statement of Multi-Church Initiative Inc?
The Multi-Church Initiative Inc. is established with a primary purpose of acquiring and managing real estate properties, as outlined in Section 501(c)(25) of the Internal Revenue Code. This initiative is a collaborative effort between Lake Nokomis Lutheran Church, Living Table United Church of Christ, and Spirit of St. Stephens Catholic Community. The churches form a unique partnership, retaining their individual faith identities, to jointly purchase a building and oversee its administration. This collaboration allows each church to leverage resources and shared management services, ensuring the effective use of their collective assets.
Official website here: www.newbranchesmn.org
Who is the CEO of Multi-Church Initiative Inc?
Sarah Borgerding is the Board Member of Multi-Church Initiative Inc.
Official website here: www.newbranchesmn.org
What is the revenue of Multi-Church Initiative Inc?
Multi-Church Initiative Inc's revenue in 2023 was $212,544.
Official website here: www.newbranchesmn.org
Who are the executives of Multi-Church Initiative Inc and what are their salaries?
The average compensation at Multi-Church Initiative Inc during 2023 was $9,994. There are 2 employees and 10 volunteers at Multi-Church Initiative Inc.
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Official website here: www.newbranchesmn.org
Where can I find the form 990 for Multi-Church Initiative Inc?
Multi-Church Initiative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newbranchesmn.org
Learn more at the official website: www.newbranchesmn.org
Mission Statement of Multi-Church Initiative Inc
The Multi-Church Initiative Inc, a collaborative endeavor, was established with a primary objective. This organization, comprising Lake Nokomis Lutheran Church, Living Table United Church of Christ, and Spirit of St. Stephens Catholic Community, aims to acquire and manage real estate properties. Operating under Section 501(c)(25) of the Internal Revenue Code, the Multi-Church Initiative Inc serves as a platform for these three faith-based organizations to jointly purchase and maintain properties, while preserving their distinct identities. The initiative allows these churches to pool their resources and expertise, fostering a unique partnership that benefits all involved.
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Impact
October, 2024
Multi-Church Initiative Inc significantly enhances community engagement and collaboration among three different faith communities in Minneapolis—Lake Nokomis Lutheran Church, Living Table United Church of Christ, and Spirit of St. Stephens Catholic Community. By acquiring and managing a shared building, this initiative fosters a unique partnership that preserves each church's individual identity while pooling resources for more significant impact.
The collaborative approach allows these churches to create a space that serves not only their congregants but also the broader community. This multi-church partnership can lead to diverse programming, outreach initiatives, and significant support for local residents, addressing various needs from spiritual guidance to social services.
Moreover, the initiative exemplifies innovative use of resources by demonstrating how multiple organizations can come together to achieve a common goal: enhancing their facilities for better community service while maintaining their unique religious identities. This model can inspire other congregations to explore similar collaborations, ultimately strengthening community ties and expanding the reach of their missions.
This information is meant to be a general summary of Multi-Church Initiative 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 2023.
- Investment Income: $394
- Program Service Revenue: $194,431
- Gross Receipts: $212,544
Assets and Liabilities:
- Total Assets: $1,787,450
- Total Liabilities: $578,878
- Net Assets: $1,208,572
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Organization Details
Founding Year
2021
Phone
(612) 405-1153Principal Officer
Sarah Borgerding
Main Address
5011 31st Ave South, Minneapolis, MN, 55417
Website
www.newbranchesmn.orgNTEE Category
Code: X20 - Religion related
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