Overview
What is Emmanuel Reformed Church Endowment Foundation?
The Emmanuel Reformed Church Endowment Foundation is a nonprofit entity established to support Emmanuel Reformed Church. Its primary mission involves managing and administering funds for various purposes. Specifically, it provides scholarships for leadership development and tuition assistance for the church's staff members. To achieve this, the foundation receives and skillfully manages gifts and contributions, ensuring financial stability. The foundation's ultimate aim is to offer grants and scholarships, contributing to the church's mission and growth. Located at 8303 Alondra Blvd, Paramount, CA 90723, the Emmanuel Reformed Church Endowment Foundation serves as a vital resource for the church's educational and developmental endeavors.
Is Emmanuel Reformed Church Endowment Foundation legitimate?
Emmanuel Reformed Church Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emmanuel Reformed Church Endowment Foundation 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Emmanuel Reformed Church Endowment Foundation?
The Emmanuel Reformed Church Endowment Foundation serves as an endowment body, primarily aimed at managing gifts and contributions received for Emmanuel Reformed Church. Its primary mission involves providing sound fiscal management, offering grants, and offering scholarships, particularly for leadership development and tuition assistance for church staff members. The foundation's activities focus on receiving, administering, and managing funds to support the church's initiatives.
Who is the CEO of Emmanuel Reformed Church Endowment Foundation?
Ted Degroot is the President of Emmanuel Reformed Church Endowment Foundation.
What is the revenue of Emmanuel Reformed Church Endowment Foundation?
Emmanuel Reformed Church Endowment Foundation's revenue in 2022 was $327,337.
Who are the executives of Emmanuel Reformed Church Endowment Foundation and what are their salaries?
There 6 volunteers at Emmanuel Reformed Church Endowment Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $207,548
- Other: $0
- Compensation: $0
- Related: $125,605
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Emmanuel Reformed Church Endowment Foundation?
Emmanuel Reformed Church Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Emmanuel Reformed Church Endowment Foundation
The Emmanuel Reformed Church Endowment Foundation serves a crucial role as an endowment organization for Emmanuel Reformed Church. Its primary mission is to receive and administer gifts and contributions with a focus on providing sound fiscal management. Beyond this, the foundation also extends its services by offering grants and scholarships, specifically for leadership development and tuition assistance for church staff members. By managing funds in this manner, Emmanuel Reformed Church is able to support its members and staff in various capacities, promoting growth and development within the church community.
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Impact
October, 2024
The Emmanuel Reformed Church Endowment Foundation has a significant impact by providing crucial financial support to the Emmanuel Reformed Church community in Paramount, CA. By managing gifts and contributions, the foundation ensures sound fiscal management, allowing the church to focus on its mission.
One of the key impacts of the foundation is its support for leadership development through scholarships. These funds enable members of the church to pursue educational opportunities that enhance their leadership skills, ultimately strengthening the church community. Additionally, the foundation offers tuition assistance for staff members, ensuring that those who serve the church are supported in their professional development.
Through its grants and scholarships, the foundation fosters growth and sustainability within the church, contributing to a thriving environment where faith and community can flourish. The financial resources managed by the foundation empower the congregation and enhance the church's capacity to serve its members and the broader community.
This information is meant to be a general summary of Emmanuel Reformed Church Endowment Foundation. 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: $89,468
- Gross Receipts: $327,337
Assets and Liabilities:
- Total Assets: $2,981,030
- Total Liabilities: $0
- Net Assets: $2,981,030
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Organization Details
Founding Year
1984
Phone
(562) 272-4963Principal Officer
Ted Degroot
Main Address
8303 ALONDRA BLVD, PARAMOUNT, CA, 90723
NTEE Category
Code: X20 - Religion related
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