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Believers Stewardship Services Inc

Legacy Ministry Services

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

EIN: 311782614 ✦ Dubuque, IA ✦ Designated as a 501(c)(3)

Overview

What is Believers Stewardship Services Inc?

Believers Stewardship Services Inc, operating under the name Legacy Ministry Services, is a nonprofit organization situated in Dubuque, Iowa (52001). Their primary mission is to help Christian believers uphold biblical stewardship by aiding them in achieving their financial and estate planning objectives. They offer a range of services, including donor-advised funds and fund management for individuals, trusts/estates, and both active and dissolved churches/ministries. Additionally, the organization assists churches with corporate governance and assists in the asset dissolution process during the year. Their work aims to glorify God by supporting local New Testament churches and associated ministries with financial and governance-related matters. With a team of nine dedicated individuals, Believers Stewardship Services Inc is committed to fulfilling its mission.


Official website here: www.believerstewardship.org

Is Believers Stewardship Services Inc legitimate?

Believers Stewardship Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Believers Stewardship Services 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: $128,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,600

For more financial information, click here


Official website here: www.believerstewardship.org

What is the mission statement of Believers Stewardship Services Inc?

Believers Stewardship Services Inc's mission is centered around glorifying God through biblical stewardship. They achieve this by assisting Christian believers in achieving their financial and estate planning goals. The organization also supports local New Testament churches and associated ministries with financial and governance-related matters. In addition, they provide donor-advised fund and other fund management services to individuals, trusts/estates, and churches/ministries. Furthermore, Believers Stewardship Services Inc offers assistance with corporate governance to churches and assists churches with asset dissolution during the year.


Official website here: www.believerstewardship.org

Who is the CEO of Believers Stewardship Services Inc?

Robert C Sullivan is the President of Believers Stewardship Services Inc.


Official website here: www.believerstewardship.org

What is the revenue of Believers Stewardship Services Inc?

Believers Stewardship Services Inc's revenue in 2022 was $5,402,636.


Official website here: www.believerstewardship.org

Who are the executives of Believers Stewardship Services Inc and what are their salaries?

The average compensation at Believers Stewardship Services Inc during 2022 was $54,999. There are 9 employees and 4 volunteers at Believers Stewardship Services Inc.

Here are 5 key members and their salaries:

    Robert Sullivan (President) [Trustee/Director]
  • Compensation: $103,275
  • Related: $0
  • Other: $17,924

    • William Coyle (Chairman & Assistant Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Thorpe Jr (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Skip Elliott (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Keller (Risk Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.believerstewardship.org

    Where can I find the form 990 for Believers Stewardship Services Inc?

    The Believers Stewardship Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.believerstewardship.org

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

    Mission Statement of Believers Stewardship Services Inc

    Believers Stewardship Services Inc is committed to glorifying God by assisting Christian believers in fulfilling biblical stewardship. Their mission is twofold: firstly, they aim to help individuals, trusts/estates, and both active and dissolved churches/ministries achieve their financial and estate planning goals. Secondly, they provide support to local New Testament churches and associated ministries in managing their finances and governance matters. This includes rendering donor-advised fund and other fund management services, as well as offering assistance with asset dissolution for churches during the year. Overall, Believers Stewardship Services Inc seeks to glorify God by empowering Christians to manage their finances in accordance with biblical principles, while also supporting the financial needs of local churches and ministries.

    Impact

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




    Thursday, August 15, 2024

    Believers Stewardship Services Inc plays a crucial role in assisting Christian believers to glorify God through biblical stewardship. By rendering donor advised fund and other fund management services to individuals, trusts/estates, and active or dissolved churches/ministries, this organization enables its clients to align their financial resources with their faith values. Additionally, Believers Stewardship Services Inc provides vital support to churches and ministries by offering corporate governance guidance and assistance with asset dissolution when needed. Through these services, the organization contributes to fulfilling its mission of glorifying God through biblical stewardship and supporting local New Testament churches and associated ministries in their financial and governance matters.





    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: $913,727
  • Program Service Revenue: $2,765
  • Gross Receipts: $10,031,621

    • Assets and Liabilities:
  • Total Assets: $15,426,767
  • Total Liabilities: $4,045,633
  • Net Assets: $11,381,134
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Robert C Sullivan

    Main Address

    2250 Chaney Rd, Dubuque, IA, 52001

    NTEE Category

    Code: T30 - Philanthropy

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