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Rbc Ministries

Our Daily Bread Ministries

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

EIN: 381613981 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

Overview

What is Rbc Ministries?

Rbc Ministries, also known as Our Daily Bread Ministries, is a Grand Rapids, Michigan-based nonprofit organization with a mission to make the profound wisdom of the Bible accessible to all. They achieve this through the publication of devotional materials, an active internet ministry, and radio broadcasting. With a team of 305 employees, Rbc Ministries aims to foster a deeper connection with God for individuals and families by bringing the Bible's life-changing knowledge within reach.


Official website here: www.odb.org

Is Rbc Ministries legitimate?

Rbc Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rbc Ministries 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: $1,611,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,516,437

For more financial information, click here


Official website here: www.odb.org

What is the mission statement of Rbc Ministries?

Rbc Ministries' mission is geared towards making the wisdom of the Bible relatable and reachable for all. They achieve this objective through various means, which include the publication of devotional materials, internet ministry, and radio broadcasting. The ministry's primary offering is "Our Daily Bread," a devotional for individuals and families who are keen on cultivating a deep connection with God.


Official website here: www.odb.org

Who is the CEO of Rbc Ministries?

Matt Lucas is the President of Rbc Ministries.


Official website here: www.odb.org

What is the revenue of Rbc Ministries?

Rbc Ministries's revenue in 2023 was $64,910,282.


Official website here: www.odb.org

Who are the executives of Rbc Ministries and what are their salaries?

The average compensation at Rbc Ministries during 2023 was $65,993. There are 305 employees and 100 volunteers at Rbc Ministries.

Here are 21 key members and their salaries:

    Cereen Varghese (Employee)
  • Compensation: $250,365
  • Related: $0
  • Other: $16,376

    • Gary Wicker (Treasurer/Cfo)
  • Compensation: $232,306
  • Related: $0
  • Other: $25,607

    • Matt Lucas (President) [Trustee/Director]
  • Compensation: $239,622
  • Related: $0
  • Other: $13,736

    • Matt Brubaker (Employee)
  • Compensation: $220,699
  • Related: $0
  • Other: $24,497

    • Vicki Harris (Employee)
  • Compensation: $194,829
  • Related: $0
  • Other: $17,513

    • Jay Keller (Employee)
  • Compensation: $184,112
  • Related: $0
  • Other: $23,694

    • William Oechsler (Employee)
  • Compensation: $185,657
  • Related: $0
  • Other: $21,656

    • Luis Garcia Seoane (Employee)
  • Compensation: $185,657
  • Related: $0
  • Other: $7,380

    • David Fik (Employee)
  • Compensation: $149,494
  • Related: $0
  • Other: $22,320

    • Daniel Ferwerda (Assist. Trea)
  • Compensation: $146,287
  • Related: $0
  • Other: $19,012

    • William Walker (Assist. Trea)
  • Compensation: $146,287
  • Related: $0
  • Other: $11,054

    • Evan Morgan (Employee)
  • Compensation: $148,463
  • Related: $0
  • Other: $5,875

    • Jennie Dimkoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Ameadaji (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Bontekoe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Maher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marty Doorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Lambert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Quek Jin Wee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Khary Bridgewater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luiz Silvado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.odb.org

    Where can I find the form 990 for Rbc Ministries?

    The Rbc Ministries’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.odb.org

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

    Mission Statement of Rbc Ministries

    Rbc Ministries, a dedicated organization, strives to make the profound wisdom of the Bible comprehensible and accessible to all. By publishing devotional materials, engaging in internet ministry, and broadcasting through radio, Rbc Ministries brings the life-changing insights of the Scriptures within reach of a wider audience.

    The organization's unwavering commitment is to help individuals and families cultivate a deep, meaningful relationship with God through its monthly devotional publication, "Our Daily Bread." This thoughtfully curated resource invites readers to connect with divine wisdom and grow spiritually, fostering a sense of intimacy with the Almighty.

    Impact

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




    Thursday, August 15, 2024

    RBC Ministries has a significant impact by making the life-changing wisdom of the Bible understandable and accessible to all. Through the publication of devotional materials, internet ministry, and radio broadcasting, they reach individuals and families who desire a close relationship with God. Their flagship publication, "Our Daily Bread," provides daily devotionals to help people connect with God on a deeper level. This outreach helps to spread the message of faith and spirituality to a wide audience, fostering personal growth and spiritual enrichment.





    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 2023.

  • Investment Income: $37,636
  • Program Service Revenue: $5,220,207
  • Gross Receipts: $65,019,670

    • Assets and Liabilities:
  • Total Assets: $21,310,620
  • Total Liabilities: $5,186,890
  • Net Assets: $16,123,730
  • Programs

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

    Religious Books/Music

    Revenue

    $4,938,040

    Seminary & Certificate Courses

    Revenue

    $282,167

    Organization Details

    Founding Year

    1942

    Principal Officer

    Matt Lucas

    Main Address

    PO BOX 2222, GRAND RAPIDS, MI, 49501

    NTEE Category

    Code: X20 - Religion related

    If you are a representative of Rbc Ministries 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.