Overview
What is The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur?
The Conference Claimants Endowment, affiliated with the Calif-Nevada Annual Conference of the Methodist Church, is a nonprofit organization that extends its support to retired Methodist clergy. By donating a significant sum of $1,800,000 to The Board of Pensions of the same conference and providing an additional $106,000 to associated organizations, this endowment aims to improve the living conditions and well-being of retired Methodist ministers. The funds contributed to these organizations directly benefit these retired clergy members, extending the reach and impact of the Conference Claimants Endowment.
What are the reviews and ratings of this charity?
The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur received a 58% overall score from Charity Navigator, earning a One-Star out of Four Star rating. This score is primarily based on their Accountability & Finance, signaling significant room for improvement in their financial management and operational transparency. While scoring well on independent board members and audit oversight, the organization falls short on policies like whistleblower and document retention.
Their Accountability & Finance score of 58 suggests a mixed financial standing, marked by a liabilities-to-assets ratio of 56.44%, which is moderate but not optimal. The organization does not post its tax forms on its website, impacting transparency. Another shortfall is the low program expense ratio at 51.87%, indicating that only about half of expenditures directly support their mission, which is below sector norms.
The ratings highlight clear strengths in governance, including a fully independent board, which should help in maintaining objective oversight. However, the lack of policies such as a whistleblower program suggests potential vulnerabilities. The combination of high executive salaries relative to program spending could also be a point of concern for stakeholders assessing the efficiency and stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur legitimate?
The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur 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: $586,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $379,415
For more financial information, click here
What is the mission statement of The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur?
The Conference Claimants Endowment, affiliated with the Annual Conference of the Methodist Church in California and Nevada, is dedicated to supporting retired Methodist clergy. They accomplish this mission by donating a significant sum of $1,800,000 annually to The Board of Pensions of the Calif-Nevada Annual Conference of The Methodist Church. Additionally, the organization provides an additional $106,000 to aid affiliated organizations that work towards the betterment of retired Methodist ministers.
Who is the CEO of The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur?
Mary Popish is the President of The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur.
What is the revenue of The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur?
The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur's revenue in 2023 was $11,299,696.
Who are the executives of The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur and what are their salaries?
The average compensation at The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur during 2023 was $18,941. There are 51 employees at The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur.
Here are 19 key members and their salaries:
- Compensation: $367,292
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- Other: $60,878
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- Other: $43,590
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Where can I find the form 990 for The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur?
The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur
The Conference Claimants Endowment, an entity affiliated with the Annual Conference of the Methodist Church in California, is dedicated to supporting retired Methodist clergy. Through its mission, the organization gifts a significant sum of $1,800,000 annually to The Board of Pensions of The Calif-Nevada Annual Conference of The Methodist Church. This financial aid is intended to provide resources for the well-being of retired Methodist ministers.
Furthermore, The Conference Claimants Endowment extends its support beyond monetary contributions. It also provides $106,000 to various organizations that are affiliated with the Calif-Nevada Annual Conference of The Methodist Church. This funding is specifically allocated for the benefit of retired Methodist clergy. By offering financial assistance and support to these organizations, The Conference Claimants Endowment aims to enhance the living conditions and well-being of the retired Methodist ministers it seeks to serve.
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Impact
July, 2024
The Conference Claimants Endowment The CA Annual Conf Of The Methodist Chur makes a significant impact by supporting retired Methodist clergy in the California Annual Conference of The Methodist Church. The endowment generously gifts $1,800,000 to The Board of Pensions of The California-Nevada Annual Conference of The Methodist Church, ensuring financial assistance for retired ministers. Additionally, it provides $106,000 to support affiliated organizations within the conference, benefiting retired Methodist clergy. This support is crucial in ensuring that these dedicated individuals are taken care of after their years of service to the church.
This information is meant to be a general summary of The Conference Claimants Endowment The Ca Annual Conf Of The Methodist Chur. 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: $215,300
- Gross Receipts: $36,164,195
Assets and Liabilities:
- Total Assets: $136,978,429
- Total Liabilities: $77,317,291
- Net Assets: $59,661,138
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Organization Details
Founding Year
1911
Phone
(209) 472-7288Principal Officer
Mary Popish
Main Address
1341 W Robinhood Drive Suite A, Stockton, CA, 95207
NTEE Category
Code: X110 - Religion related
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