Overview
What is Southwest Friends Financial Development Corporation?
Southwest Friends Financial Development Corporation is a nonprofit organization that offers financial aid to its church members. They accomplish this by adhering to the conditions outlined in trust agreements, thereby making payments to designated beneficiaries. Additionally, the corporation enhances their lending capacity through brokerage management, leading to increased organizational loans. Moreover, they extend financial support to churches in the form of grants, further strengthening their financial well-being. Overall, the primary mission of Southwest Friends Financial Development Corporation is to provide financial assistance to its church members and enhance their financial capabilities.
Is Southwest Friends Financial Development Corporation legitimate?
Southwest Friends Financial Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Friends Financial Development Corporation 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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Other Salaries and Wages: $6,600
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What is the mission statement of Southwest Friends Financial Development Corporation?
Southwest Friends Financial Development Corporation's mission is centered around providing financial aid to its affiliated churches. They accomplish this by making payments to beneficiaries according to the stipulations of trust agreements, effectively increasing organizational lending through brokerage management, and distributing grants to the churches themselves. This corporation's mission is aimed at supporting the financial needs of its member churches.
Who is the CEO of Southwest Friends Financial Development Corporation?
Ann Hablitzel is the President of Southwest Friends Financial Development Corporation.
What is the revenue of Southwest Friends Financial Development Corporation?
Southwest Friends Financial Development Corporation's revenue in 2022 was $96,097.
Who are the executives of Southwest Friends Financial Development Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Southwest Friends Financial Development Corporation?
Southwest Friends Financial Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southwest Friends Financial Development Corporation
Southwest Friends Financial Development Corporation, a nonprofit organization, is dedicated to providing financial assistance to its member churches. This assistance takes several forms. Firstly, the corporation pays beneficiaries according to the terms outlined in trust agreements. Secondly, it maximizes its lending capacity through brokerage management, thereby enhancing its financial capabilities. Lastly, Southwest Friends Financial Development Corporation offers grants to its church members. By employing these strategies, the organization aims to support its member churches financially, thereby contributing to their overall well-being.
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Impact
October, 2024
Southwest Friends Financial Development Corporation significantly impacts its member churches by providing essential financial assistance that enables them to thrive. By honoring trust agreements and paying beneficiaries, the organization ensures that critical resources are distributed effectively to support church missions and activities. Additionally, through brokerage management, it maximizes lending opportunities, allowing churches to secure funds for expansion, maintenance, or community outreach initiatives. The provision of grants further enhances their capacity to undertake new projects or address urgent needs, fostering growth and sustainability within the faith community. Overall, Southwest Friends Financial Development Corporation plays a vital role in empowering churches to fulfill their missions and serve their congregations and surrounding communities effectively.
This information is meant to be a general summary of Southwest Friends Financial Development Corporation. 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: $41,807
- Program Service Revenue: $54,290
- Gross Receipts: $96,097
Assets and Liabilities:
- Total Assets: $3,403,047
- Total Liabilities: $0
- Net Assets: $3,403,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REAL ESTATE LOAN INTEREST
Revenue
$54,290
Organization Details
Phone
(714) 779-7662Principal Officer
Ann Hablitzel
Main Address
PO BOX 213, YORBA LINDA, CA, 92885
NTEE Category
Code: X110 - Religion related
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