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Iberoamerican Ministries

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

EIN: 911563968 ✦ Monroe, WA ✦ Designated as a 501(c)(3)

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Overview

What is Iberoamerican Ministries?

Iberoamerican Ministries is a nonprofit organization, headquartered in Monroe, Washington, with a focus on evangelization, discipleship, and leadership training. They collaborate with missionaries from both the United States and Latin American countries to establish self-governing, self-sustaining, and replicating indigenous congregations in Chile, Ecuador, Peru, as well as North Africa, the Middle East, Spain, and Italy. Their work involves planting churches, showing compassion, and nurturing disciples. To achieve this, they offer a two-year Bible certificate, bachelor's, and master's programs at their institute, and provide ongoing support to their church plants through visiting teams, leadership encouragement, and oversight. The organization currently employs around 30 individuals.


Official website here: www.iamweb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

Iberoamerican Ministries has earned an 86% rating from Charity Navigator, reflecting a strong commitment to accountability and financial management, as evidenced by its high program expense ratio of 87.40% and impressive fundraising efficiency. The organization has a fully independent board with a significant majority, and it adheres to best practices with policies on conflicts of interest and document retention. These factors contribute to its solid score in accountability and finance.

The organization scores exceptionally well in leadership and adaptability, achieving a perfect score of 100. This indicates effective governance and a proactive approach to organizational development, including recent improvements in board evaluation processes and training programs. Their mission focuses on church planting, community service, and disciple-making, reinforcing their commitment to impactful outreach.

However, the working capital ratio of 0.38 years suggests some challenges regarding short-term financial stability, which is worth monitoring. While overall the charity demonstrates strong operational effectiveness, continued focus on financial health will be essential for sustained impact and growth.


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

Is Iberoamerican Ministries legitimate?

Iberoamerican Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iberoamerican Ministries 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: $242,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $596,770

For more financial information, click here


Official website here: www.iamweb.org

What is the mission statement of Iberoamerican Ministries?

Iberoamerican Ministries' mission is centered around planting churches, serving with compassion, and sending disciples. This organization invests in missionaries from both the United States and Latin American countries to evangelize, disciple, provide leadership training, and establish self-governing, self-sustaining, and reproducing indigenous congregations in various countries such as Chile, Ecuador, Peru, North Africa, the Middle East, Spain, and Italy. To accomplish this, they offer Bible training programs, including a 2-year certificate, bachelor's, and master's programs, at their institute. Furthermore, Iberoamerican Ministries provides ongoing support to their church plants through short-term missionary teams, leadership encouragement, and oversight.


Official website here: www.iamweb.org

Who is the CEO of Iberoamerican Ministries?

Dr Lynn Ellis-Gray is the Director of Iberoamerican Ministries. The CEO's salary of Iberoamerican Ministries is $15,000 and their total compensation is $15,000.


Official website here: www.iamweb.org

What is the revenue of Iberoamerican Ministries?

Iberoamerican Ministries's revenue in 2022 was $2,125,086.


Official website here: www.iamweb.org

Who are the executives of Iberoamerican Ministries and what are their salaries?

The average compensation at Iberoamerican Ministries during 2022 was $27,979. There are 30 employees and 5 volunteers at Iberoamerican Ministries.


Here are 10 key members and their salaries (Iberoamerican Ministries's CEO's salary is $15,000 and their total compensation is $15,000):


Doug Kallestad (Director)
  • Compensation: $63,000
  • Related: $0
  • Other: $0
Gabriel Phillips (Director)
  • Compensation: $59,600
  • Related: $0
  • Other: $0
Scott Wallace (Director)
  • Compensation: $57,000
  • Related: $0
  • Other: $0
Jeff Phillips (Director)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
Chadwick Courtney (Ceo)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Joe Markum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lynne Ellis-Gray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Ruhlman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mikinley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laretta Shrader (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iamweb.org

Where can I find the form 990 for Iberoamerican Ministries?

Iberoamerican Ministries's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iamweb.org

Learn more at the official website: www.iamweb.org

Mission Statement of Iberoamerican Ministries

Iberoamerican Ministries is an organization dedicated to spreading the Christian faith and establishing self-governing, self-sustaining, and replicating churches. They achieve this mission by investing in both American and Latin American missionaries. These missionaries are tasked with evangelizing, discipling, and providing leadership training to establish indigenous congregations in various countries, including Chile, Ecuador, Peru, North Africa, the Middle East, Spain, and Italy.

To ensure the success of these churches, Iberoamerican Ministries provides comprehensive training through their institute. This institute offers a 2-year Bible certificate program, as well as bachelor's and master's degrees. Beyond initial training, the organization offers ongoing support to their church plants through visiting teams of short-term missionaries, leadership encouragement, and oversight. This holistic approach aims to foster the growth and sustainability of these new congregations.

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Impact




July, 2024

Iberoamerican Ministries is making a significant impact by investing in missionaries from both the US and Latin American countries to evangelize, disciple, provide leadership training, and plant churches. They are working diligently to establish indigenous congregations in Chile, Ecuador, Peru, as well as in North Africa, the Middle East, Spain, and Italy. By focusing on making these churches self-governing, self-sustaining, and reproducing, Iberoamerican Ministries is ensuring the long-term sustainability and growth of these communities of faith. Through their training programs and ongoing support for church plants, they are equipping pastors and missionaries to effectively spread the message of compassion and discipleship. This organization's efforts are not only transforming communities and individual lives but also contributing to the global advancement of the Christian faith.




This information is meant to be a general summary of Iberoamerican Ministries. 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
$2,125,086 (2022)
201120122013201420152016201720182019202020212022$0$650k$1.3M$1.95M$2.6M
Expenses
$2,176,562 (2022)
201120122013201420152016201720182019202020212022$0$650k$1.3M$1.95M$2.6M
Efficiency
2011201220132014201520162017201820192020202120220%8%16%24%32%40%

Other financial information:

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

  • Investment Income: $2
  • Gross Receipts: $2,125,086

Assets and Liabilities:

  • Total Assets: $849,186
  • Total Liabilities: $2,492
  • Net Assets: $846,694

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Organization Details

Founding Year

1991

Principal Officer

Dr Lynn Ellis-Gray

Main Address

PO BOX 1493, MONROE, WA, 98272

NTEE Category

Code: Z99Z - Unknown

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