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Saving Grace Ministries Inc

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

EIN: 161573408 ✦ Williamsville, NY ✦ Designated as a 501(c)(3)

Overview

What is Saving Grace Ministries Inc?

Saving Grace Ministries Inc, situated in Williamsville, New York, is a nonprofit organization committed to assisting individuals recently released from correctional facilities. Their mission is to facilitate a smooth transition back into society by offering a comprehensive program grounded in Christian principles. This program encompasses housing, food, clothing, educational programs, teaching, supervision, and mentoring. The goal is to empower these individuals to lead successful lives within their communities. With a team of 23 dedicated employees, the organization provides essential support, resources, and guidance to help individuals overcome challenges and thrive in their new environments.


Official website here: www.sgmworld.org

Is Saving Grace Ministries Inc legitimate?

Saving Grace Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saving Grace Ministries 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.

Here are some key statistics you may want to consider:

Executive Compensation: $98,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $557,621

For more financial information, click here


Official website here: www.sgmworld.org

What is the mission statement of Saving Grace Ministries Inc?

Saving Grace Ministries Inc's mission is centered around facilitating a seamless transition for individuals leaving correctional facilities back into the community. This is achieved through the implementation of a rigorous program grounded in Christian principles. The organization offers a variety of support services, including housing, food, clothing, education, supervision, mentoring, and teaching, to help program residents successfully reintegrate into society. By providing a structured environment, Saving Grace Ministries Inc aims to empower individuals to lead productive lives upon their release, fostering their personal growth and development.


Official website here: www.sgmworld.org

Who is the CEO of Saving Grace Ministries Inc?

Rev Terry King is the Ceo of Saving Grace Ministries Inc. The CEO's salary of Saving Grace Ministries Inc is $53,614 and their total compensation is $53,614.


Official website here: www.sgmworld.org

What is the revenue of Saving Grace Ministries Inc?

Saving Grace Ministries Inc's revenue in 2022 was $1,214,971.


Official website here: www.sgmworld.org

Who are the executives of Saving Grace Ministries Inc and what are their salaries?

The average compensation at Saving Grace Ministries Inc during 2022 was $28,541. There are 23 employees and 50 volunteers at Saving Grace Ministries Inc.

Here are 7 key members and their salaries (Saving Grace Ministries Inc's CEO's salary is $53,614 and their total compensation is $53,614):

    Charise Cobbs (Executive Director)
  • Compensation: $62,824
  • Related: $0
  • Other: $0

    • Rev Terry King (Ceo) [Trustee/Director]
  • Compensation: $53,614
  • Related: $0
  • Other: $0

    • Sheryl King (President & Sec) [Trustee/Director]
  • Compensation: $29,669
  • Related: $0
  • Other: $0

    • Leroy Wiggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Ron Burgio (Director/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Don Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Wing (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sgmworld.org

    Where can I find the form 990 for Saving Grace Ministries Inc?

    The Saving Grace Ministries Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sgmworld.org

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

    Mission Statement of Saving Grace Ministries Inc

    Saving Grace Ministries Inc is dedicated to facilitating a seamless transition for individuals who have completed their terms in correctional facilities, embracing a structured program based on Christian principles. The organization's primary mission is to offer a supportive environment that includes housing, food, clothing, educational programs, teaching, supervision, mentoring, and more, to aid in the successful reintroduction of these individuals into community life. The goal is to empower these individuals, providing them with the necessary tools and guidance to navigate their new beginnings and foster a prosperous future.

    Impact

    This information is meant to be a general summary of Saving Grace Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Saving Grace Ministries Inc's impact is evident in their dedication to providing a smooth transition to community life for individuals released from a correctional facility. By offering a highly structured program based on Christian principles, they have successfully provided housing, food, clothing, shelter, educational programs, teaching, supervision, and mentoring to all residents of the program. This holistic approach ensures that individuals in the program are supported in making a successful transition from prison back into the community. Through their efforts, Saving Grace Ministries Inc is making a positive impact by helping individuals reintegrate into society and reducing the likelihood of reoffending.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $6,248
  • Program Service Revenue: $669,614
  • Gross Receipts: $1,214,971

    • Assets and Liabilities:
  • Total Assets: $4,000,432
  • Total Liabilities: $3,393,964
  • Net Assets: $606,468
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    BED SHELTER FEES

    Revenue

    $327,521

    ERIE CTY REENTRY PROGRAM

    Revenue

    $44,800

    NYS DEPARTMENT OF CORR

    Revenue

    $61,318

    OFC OF TEMP AND DISAB

    Revenue

    $235,975

    Organization Details

    Founding Year

    1999

    Principal Officer

    Rev Terry King

    Main Address

    PO BOX 1013, WILLIAMSVILLE, NY, 14231

    NTEE Category

    Code: I31 - Crime

    If you are a representative of Saving Grace Ministries Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.