Overview
What is Qlbc Foundation Inc?
Qlbc Foundation Inc, based in Stockton, California, is a nonprofit religious organization established under California's Nonprofit Religious Corporation Law. With a mission aligned with Section 501(c)(3) of the Internal Revenue Code, its primary objective is to support Quail Lakes Baptist Church of Stockton as an auxiliary endowment fund. The foundation operates to further religious purposes, contributing to the spiritual community and potentially providing financial stability to the church. The address provided for the foundation is 1904 Quail Lakes Drive, Stockton, CA, 95207.
Is Qlbc Foundation Inc legitimate?
Qlbc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Qlbc Foundation 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.
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What is the mission statement of Qlbc Foundation Inc?
The Qlbc Foundation Inc, as a nonprofit religious organization under the California Nonprofit Religious Corporation Law and qualified under Section 501(c)(3) of the Internal Revenue Code, serves as an auxiliary endowment fund for the Quail Lakes Baptist Church of Stockton, CA. Its primary objective is to support the religious activities and initiatives of the church through financial contributions. The foundation's role is to provide long-term financial stability and resources to advance the religious mission of the church. Its work is focused on furthering religious causes, in accordance with its nonprofit status and religious purpose.
Who is the CEO of Qlbc Foundation Inc?
Mike Sather is the President/Treas of Qlbc Foundation Inc.
What is the revenue of Qlbc Foundation Inc?
Qlbc Foundation Inc's revenue in 2022 was $28,166.
Who are the executives of Qlbc Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Qlbc Foundation Inc?
Qlbc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Qlbc Foundation Inc
Qlbc Foundation Inc, as a nonprofit religious organization, is established under the California Nonprofit Religious Corporation Law, falling within the scope of Section 501(c)(3) of the Internal Revenue Code. Its primary objective is to serve as an auxiliary endowment fund for Quail Lakes Baptist Church of Stockton, CA. In simpler terms, the foundation's mission is to support and enhance the religious activities of the Quail Lakes Baptist Church through its financial resources. By functioning as an endowment fund, Qlbc Foundation Inc contributes to the long-term financial stability and growth of the church, enabling it to carry out its religious mission more effectively.
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Impact
October, 2024
Qlbc Foundation Inc plays a vital role in supporting the spiritual and community outreach efforts of Quail Lakes Baptist Church in Stockton, California. By serving as an endowment fund auxiliary organization, it ensures the sustainability and growth of the church’s programs, including their daily AM radio broadcasts. These broadcasts not only share religious teachings but also foster a sense of community and connection among listeners.
The foundation’s focus on religious purposes aligns with its mission to provide financial support, enabling the church to expand its reach and impact through various initiatives. By facilitating philanthropic efforts, Qlbc Foundation Inc enhances the church's ability to serve the community, helping individuals find spiritual guidance and support. Through its work, the foundation contributes significantly to the overall health and vitality of the local community, promoting values of faith, service, and philanthropy.
This information is meant to be a general summary of Qlbc Foundation 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: -$5,609
- Gross Receipts: $51,552
Assets and Liabilities:
- Total Assets: $829,293
- Total Liabilities: $0
- Net Assets: $829,293
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Organization Details
Principal Officer
Mike Sather
Main Address
1904 Quail Lakes Drive, Stockton, CA, 95207
NTEE Category
Code: T11 - Philanthropy
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