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Koinonia House Inc

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

EIN: 237292636 ✦ Post falls, ID ✦ Designated as a 501(c)(3)

Overview

What is Koinonia House Inc?

Koinonia House Inc is a nonprofit organization situated in Post Falls, Idaho. With a membership spanning across 75 countries and territories, their primary focus is on providing instructional programs for serious Bible study among thinking Christians. They encourage weekly Bible study programs for personal growth through individual and small group sessions. Additionally, they conduct research, monitor, and publish information to promote awareness of strategic trends impacting the times and personal ministries. As of December 31, Koinonia House Inc boasts an active membership of 27,892, with a total enrollment of 2,757 members who have earned their Bronze Medallions, 166 with Silver Medallions, and 44 with Gold Medallions. Their mission is to stimulate, encourage, and facilitate serious study of the Bible as the inerrant Word of God, through creating, developing, and distributing relevant materials.


Official website here: www.khouse.org

Is Koinonia House Inc legitimate?

Koinonia House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Koinonia House 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: $52,911
Professional Fundraising Fees: $0
Other Salaries and Wages: $772,659

For more financial information, click here


Official website here: www.khouse.org

What is the mission statement of Koinonia House Inc?

Koinonia House Inc's mission is centered around promoting serious Bible study. They achieve this by creating, developing, and distributing educational materials, stimulating, encouraging, and facilitating in-depth exploration of the Bible as the inerrant word of God. Their activities extend beyond individual study, encouraging weekly Bible study programs for personal growth. They also conduct research, monitor trends, and publish information to stimulate awareness of strategic trends impacting our times and personal ministries. Their reach extends to 75 countries and territories, with a substantial membership base.


Official website here: www.khouse.org

What is the revenue of Koinonia House Inc?

Koinonia House Inc's revenue in 2022 was $2,655,570.


Official website here: www.khouse.org

Who are the executives of Koinonia House Inc and what are their salaries?

The average compensation at Koinonia House Inc during 2022 was $45,865. There are 18 employees and 50 volunteers at Koinonia House Inc.

Here are 5 key members and their salaries (Koinonia House Inc's CEO's salary is $0 and their total compensation is $0):

    Dave Hanson (Operations Mgr) [Trustee/Director]
  • Compensation: $52,911
  • Related: $0
  • Other: $0

    • Ronald E Matsen (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Duane Matsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher S Corlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Murray G Bell (Secretary/Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.khouse.org

    Where can I find the form 990 for Koinonia House Inc?

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


    Official website here: www.khouse.org

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

    Mission Statement of Koinonia House Inc

    Koinonia House Inc is dedicated to stimulating, encouraging, and facilitating serious Bible study among thinking Christians. Their mission involves creating, developing, and distributing materials to accomplish this objective, viewing the Bible as the inerrant word of God. The organization provides religious education through Koinonia Institute, an online school, focusing on three key areas: offering instructional programs for in-depth Bible study, encouraging weekly Bible study programs for personal growth, and researching, monitoring, and publishing information to stimulate awareness of strategic trends impacting our times and personal ministries. Koinonia House Inc's membership spans over 75 countries and territories, with 27,892 active members as of December 31. The organization has also recognized the achievements of its members, with 3,193 earning their Bronze Medallions, 166 earning their Silver Medallions, and 44 earning their Gold Medallions.

    Impact

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




    Thursday, August 15, 2024

    Koinonia House Inc's impact lies in its dedicated efforts to stimulate and facilitate serious study of the Bible among thinking Christians. Through its Koinonia Institute, this organization provides religious education through an online school that focuses on providing instructional programs for the study of the Bible, encouraging weekly individual and small group Bible study programs for personal growth, and researching, monitoring, and publishing information to raise awareness of the strategic trends impacting our times and personal ministries. With a membership spanning 75 countries and territories, Koinonia House Inc has successfully engaged thousands of individuals in deepening their understanding of the Bible and its teachings. Through their initiatives, they contribute significantly to nurturing a community of informed and committed Christian believers.





    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: $54,480
  • Program Service Revenue: $542,994
  • Gross Receipts: $3,004,625

    • Assets and Liabilities:
  • Total Assets: $2,969,071
  • Total Liabilities: $42,327
  • Net Assets: $2,926,744
  • Programs

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

    KOINONIA INSTITUTE
    SUBSCRIPTIONS
    TOURS

    Revenue

    $542,994

    Organization Details

    Founding Year

    1973

    Main Address

    4055 E 3RD AVENUE, POST FALLS, ID, 83854

    NTEE Category

    Code: X200 - Religion related

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