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Read Ministries Inc

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

EIN: 200222800 ✦ St cloud, MN ✦ Designated as a 501(c)(3)

Overview

What is Read Ministries Inc?

Read Ministries Inc is a nonprofit organization situated in St. Cloud, Minnesota, with a focus on equipping the Eurasian church for effective ministry. They carry out various initiatives in countries like Ukraine, Kyrgyzstan, and a restricted-access nation in Central Asia. Their activities involve training workers for ministry in evangelical churches, distributing Christian literature, media resources, and facilitating resource development and publication initiatives. In response to the humanitarian crisis caused by Russia's invasion of Ukraine, Read Ministries launched a Crisis Relief Fund to support its Ukrainian partners and their crisis response efforts. In 2022, the organization distributed $342,000 from its Crisis Relief Fund to its Ukrainian partner network. Due to the ongoing war, some of their traditional ministry initiatives were suspended, while they continued to focus on crisis response and support for their Ukrainian partner network. Read Ministries also distributed books to local churches in Ukraine, donated literature resources to theological school graduates, funded a digital library distribution initiative, and conducted regional conferences for church leaders in Ukraine.


Official website here: www.readministries.org

Is Read Ministries Inc legitimate?

Read Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Read 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: $93,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,810

For more financial information, click here


Official website here: www.readministries.org

What is the mission statement of Read Ministries Inc?

Read Ministries Inc's mission is centered around equipping churches in various Eurasian countries, including Ukraine, Kazakhstan, Kyrgyzstan, and Belarus, as well as restricted access countries, for effective ministry. Their primary focus is on training workers for ministry in evangelical churches, distributing Christian literature and other media resources, and initiating resource development and publication projects. Due to the humanitarian crisis caused by Russia's invasion of Ukraine, the organization launched a crisis relief fund to support its Ukrainian partners in their crisis response efforts. In 2022, Read Ministries distributed funds totaling $342,000 from its crisis relief fund to its Ukrainian partner network. Some of their ministry initiatives were suspended during this period as they focused on crisis response and supporting their Ukrainian partner network. In addition, they donated literature resources to students and graduates of theological schools and funded a digital library distribution initiative for church leaders in a restricted access country in Central Asia.


Official website here: www.readministries.org

Who is the CEO of Read Ministries Inc?

Steven Eckert is the Executive Director of Read Ministries Inc.


Official website here: www.readministries.org

What is the revenue of Read Ministries Inc?

Read Ministries Inc's revenue in 2022 was $874,610.


Official website here: www.readministries.org

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

The average compensation at Read Ministries Inc during 2022 was $37,297. There are 4 employees and 6 volunteers at Read Ministries Inc.

Here are 7 key members and their salaries:

    Steven Eckert (Executive Director)
  • Compensation: $93,379
  • Related: $0
  • Other: $0

    • Rich Schoenert (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Pound (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Volodymyr Degtyaryov (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Melin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Pareigat (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Magnuson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.readministries.org

    Where can I find the form 990 for Read Ministries Inc?

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


    Official website here: www.readministries.org

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

    Mission Statement of Read Ministries Inc

    Read Ministries Inc is committed to equipping the Eurasian church for effective ministry in countries such as Ukraine, Kazakhstan, Kyrgyzstan, Belarus, and restricted-access countries. Their mission is to provide resources, training, and support to workers in evangelical churches, distribute Christian literature and media resources, and engage in resource development and publication initiatives. Due to the humanitarian crisis caused by Russia's invasion of Ukraine, Read Ministries launched its Crisis Relief Fund to support its trusted Ukrainian partners and their crisis response efforts. In 2022, the organization distributed $342,000 from this fund to its Ukrainian partner network. Despite the ongoing war, some of Read Ministries' traditional ministry initiatives were suspended as it focused on its crisis response and support of its Ukrainian partner network.

    In addition to its crisis relief efforts, Read Ministries also engaged in various ministry initiatives in 2022. For instance, it distributed approximately 6,000 books to local churches participating in theological school-based ministry training initiatives in Ukraine. It also donated literature resources to students and graduates of various theological schools of the Euro-Asian Accrediting Association (EAAA). Each graduate of an accredited department within these schools received about 8-10 books upon graduation. Furthermore, Read Ministries donated 10 textbooks to each of the approximately 30 graduate-level students enrolled in the Master's in Christian Leadership program at the Kremenchuk Evangelical Seminary.

    In summary, Read Ministries Inc is dedicated to empowering the Eurasian church for effective ministry. It achieves this by providing resources, training, and support to workers in evangelical churches, distributing Christian literature and media resources, and engaging in resource development and publication initiatives. During times of crisis, such as the ongoing war in Ukraine, the organization also provides financial support to its trusted partners and engages in crisis relief efforts.

    Impact

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




    Thursday, August 15, 2024

    Read Ministries Inc has had a significant impact in equipping the Eurasian church for effective ministry, particularly in countries such as Ukraine, Kazakhstan, Kyrgyzstan, Belarus, and other restricted-access nations. In 2022, the organization sponsored and conducted various Christian-literature-based ministry initiatives, including training workers for ministry in evangelical churches, distributing Christian literature and media resources, and developing and publishing resources.

    One notable impact of Read Ministries in 2022 was its response to the crisis in Ukraine following Russia's invasion. The organization launched a Crisis Relief Fund to assist its trusted Ukrainian partners and their crisis response efforts. Through the fund, Read Ministries distributed a total of $342,000 to its Ukrainian partner network scattered across the country, providing crucial support during the humanitarian crisis.

    Additionally, Read Ministries distributed approximately 6,000 books to over 110 local churches participating in theological school-based ministry training initiatives in Ukraine. The organization also donated literature resources to students and graduates of various member theological schools in the Euro-Asian Accrediting Association, supporting the education and development of future church leaders.

    Furthermore, Read Ministries funded digital library distribution initiatives, regional conferences for church leaders, and training conferences in countries like Kyrgyzstan, enhancing the capacity and knowledge of church leaders in these regions. The organization's commitment to equipping the Eurasian church for effective ministry has made a tangible and lasting impact on communities and individuals across Eurasia.





    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: $1,025
  • Program Service Revenue: $0
  • Gross Receipts: $874,610

    • Assets and Liabilities:
  • Total Assets: $457,365
  • Total Liabilities: $5,660
  • Net Assets: $451,705
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Steven Eckert

    Main Address

    203 COOPER AVE N 350, ST CLOUD, MN, 56303

    NTEE Category

    Code: X20 - Religion related

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