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Church Of God Foundation Inc

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

EIN: 621870586 ✦ Cleveland, TN ✦ Designated as a 501(c)(3)

Overview

What is Church Of God Foundation Inc?

Church of God Foundation Inc, located in Cleveland, Tennessee, serves as a financial assistance and investment opportunity provider for the congregation of the Church of God. This nonprofit organization offers investment opportunities solely to advance the Church's mission, manages funds for Church of God churches and ministries, promotes legacy giving programs, acts as trustee for planned gifts like charitable trusts and gift annuities, and provides financial and leadership resources for Church of God ministers and congregations. Additionally, the Foundation encourages charitable giving to Church of God ministries, fostering prudent stewardship of its assets to further the kingdom.


Is Church Of God Foundation Inc legitimate?

Church Of God Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Church Of God Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Church Of God Foundation Inc?
Who is the CEO of Church Of God Foundation Inc?
What is the revenue of Church Of God Foundation Inc?
Who are the executives of Church Of God Foundation Inc and what are their salaries?
Where can I find the form 990 for Church Of God Foundation Inc?

Mission Statement of Church Of God Foundation Inc

The Church of God Foundation Inc, in its mission, aims to offer investors and donors the chance to engage in investment opportunities. These opportunities are managed with the sole intention of advancing the kingdom, demonstrating a prudent stewardship of the assets involved. The foundation functions as an extension fund and financial services ministry for the constituents of the Church of God, Cleveland, TN. By doing so, it provides investment opportunities to its Church of God constituents, offers financing to various Church of God churches and ministries, promotes legacy giving programs, acts as a trustee for planned gifts such as charitable trusts and charitable gift annuities, provides financial and leadership resources for Church of God ministers and congregations, and encourages charitable giving to Church of God ministries. Overall, the Church of God Foundation Inc seeks to facilitate financial growth and support for the Church of God community, using its investment opportunities to further the kingdom's interests.

Impact

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




Saturday, July 20, 2024

Church Of God Foundation Inc's impact lies in furthering the Kingdom through prudent stewardship of assets. It serves as a financial services ministry, providing investment opportunities, financing for churches and ministries, promoting legacy giving programs, acting as trustee of planned gifts, and offering financial and leadership resources to ministers and congregations. Additionally, it promotes charitable giving to Church of God ministries, ultimately contributing to the growth and sustenance of the Church of God community.





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: $125,335
  • Program Service Revenue: $2,705,141
  • Gross Receipts: $2,919,415

    • Assets and Liabilities:
  • Total Assets: $44,026,853
  • Total Liabilities: $40,137,459
  • Net Assets: $3,889,394
  • Programs

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

    INTEREST ON TRUST ACCO

    Revenue

    $2,705,141

    Organization Details

    Founding Year

    2001

    Principal Officer

    Dwight Spivey

    Main Address

    PO BOX 3331, CLEVELAND, TN, 37320

    NTEE Category

    Code: X112 - Religion related

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