Overview
What is United Faith Ministries Inc?
United Faith Ministries Inc is a tax-exempt, not-for-profit healthcare sharing ministry based in Norfolk, Virginia. Their members, united by shared ethical or religious beliefs, contribute to a pooled fund to cover each other's medical expenses. With approximately 111 employees, United Faith Ministries Inc acts as a platform for individuals to support one another during healthcare-related financial burdens, regardless of when a medical condition arises.
Official website here: www.uhsm.com
Is United Faith Ministries Inc legitimate?
United Faith Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Faith 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: $334,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,850,910
For more financial information, click here
Official website here: www.uhsm.com
What is the mission statement of United Faith Ministries Inc?
United Faith Ministries Inc. is a not-for-profit health care sharing ministry where members, bound by shared ethical or religious beliefs, pool together to cover each other's medical expenses. This tax-exempt organization continues to support its members, even after they develop medical conditions. The mission of United Faith Ministries Inc. revolves around the concepts of community, mutual support, and ethical or religious convictions in the health care sphere. Members come together to share the financial burden of medical costs and offer each other solidarity and compassion during challenging times. The ministry's primary objective is to provide a platform for individuals to band together and address their medical needs based on their common values and beliefs.
Official website here: www.uhsm.com
What is the revenue of United Faith Ministries Inc?
Who are the executives of United Faith Ministries Inc and what are their salaries?
The average compensation at United Faith Ministries Inc during 2022 was $28,699. There are 111 employees at United Faith Ministries Inc.
Here are 13 key members and their salaries (United Faith Ministries Inc's CEO's salary is $334,648 and their total compensation is $334,648):
- Christopher Jin (President/Ceo) [Trustee/Director]
- Brooke Schasteen-Smith (Vp Marketing)
- Andrew Downer (Bus. Analyst) [Trustee/Director]
- Molly M Ransone (Dir. Of Technology)
- Jason E Prater (Sr. Program Mgr)
- James Grass (Director)
- Steven Lentz (Director)
- David Kim (Director)
- Deirdre O'Neil Manchin (Director)
- Jacquie Blair (Director)
- Carlos Oregon (Director)
- Deanne Ward (Director)
- Mohammed Zayed (Director)
Official website here: www.uhsm.com
Where can I find the form 990 for United Faith Ministries Inc?
The United Faith Ministries Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.uhsm.com
Learn more at the official website: www.uhsm.com
Mission Statement of United Faith Ministries Inc
United Faith Ministries Inc is a notable tax-exempt organization that functions as a health care sharing ministry. This means that its members, united by a shared set of ethical or religious beliefs, come together to collectively cover each other's medical expenses according to these shared beliefs, even after a member develops a medical condition. In essence, this ministry offers a community of support for its members in managing their healthcare costs.
At the heart of United Faith Ministries Inc's mission lies the idea of shared responsibility. Members contribute towards the medical needs of their fellow community members, fostering a sense of solidarity and mutual care. The organizational structure of this ministry allows it to operate as a tax-exempt entity, enabling it to provide essential healthcare support to its members while adhering to their common ethical or religious principles.
United Faith Ministries Inc serves as a vital safety net for its members, offering them financial assistance during challenging times. By pooling their resources together, members can share the burden of healthcare expenses and rely on one another in times of need. The ministry's mission empowers its members to come together and provide for each other, fostering a spirit of unity and compassion within its community.
Impact
This information is meant to be a general summary of United Faith Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
United Faith Ministries Inc's impact is in providing a platform for individuals who share common ethical or religious beliefs to support each other in managing and sharing medical expenses. By operating as a health care sharing ministry, United Faith Ministries Inc facilitates a system where members can uphold their values while receiving the necessary care even when facing medical conditions. This approach to healthcare fosters a sense of community and mutual support among members, offering a unique alternative for individuals seeking to manage their medical expenses in alignment with their beliefs.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & FEES
Revenue
$51,892,006
Organization Details
Founding Year
2019
Phone
(757) 703-3553
Main Address
999 WATERSIDE DRIVE 2600, NORFOLK, VA, 23510
Website
www.uhsm.com
NTEE Category
Code: X20 - Religion related
If you are a representative of United Faith 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.