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The Foundry Ministries Inc

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

EIN: 630624278 ✦ Bessemer, AL ✦ Designated as a 501(c)(3)

Overview

What is The Foundry Ministries Inc?

The Foundry Ministries Inc is a nonprofit organization located in Bessemer, Alabama. With a mission to restore hope and rebuild the lives of the addicted and destitute, the organization operates a Christ-centered rescue mission and long-term addiction recovery center. They provide shelter, food, and clothing to homeless men and women, housing over 300 individuals. In addition to these services, The Foundry Ministries Inc offers various community outreach programs such as food distribution and medical care, aiming to support those in need. The organization employs 205 dedicated individuals in its noble cause.


Official website here: www.foundryministries.com

Is The Foundry Ministries Inc legitimate?

The Foundry Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundry 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: $478,883
Professional Fundraising Fees: $78,126
Other Salaries and Wages: $2,390,240

For more financial information, click here


Official website here: www.foundryministries.com

What is the mission statement of The Foundry Ministries Inc?

The Foundry Ministries Inc operates as a non-profit, Christ-centered organization, providing a rescue mission and long-term addiction recovery center. Their mission is to restore hope and rebuild the lives of the addicted and destitute. They accomplish this through a Christ-centered recovery program, offering shelter, food, and clothing to homeless men and women. The organization goes beyond housing, also providing community outreach services such as food distribution and medical care for over 300 individuals.


Official website here: www.foundryministries.com

Who is the CEO of The Foundry Ministries Inc?

Micah Andrews is the Chairman of The Foundry Ministries Inc. The CEO's salary of The Foundry Ministries Inc is $115,000 and their total compensation is $115,132.


Official website here: www.foundryministries.com

What is the revenue of The Foundry Ministries Inc?

The Foundry Ministries Inc's revenue in 2022 was $8,931,425.


Official website here: www.foundryministries.com

Who are the executives of The Foundry Ministries Inc and what are their salaries?

The average compensation at The Foundry Ministries Inc during 2022 was $13,996. There are 205 employees and 100 volunteers at The Foundry Ministries Inc.

Here are 21 key members and their salaries (The Foundry Ministries Inc's CEO's salary is $115,000 and their total compensation is $115,132):

    Micah Andrews (Chief Executive Officer)
  • Compensation: $115,000
  • Related: $0
  • Other: $132

    • Joey Daly Iv (Chief Development Office)
  • Compensation: $77,000
  • Related: $0
  • Other: $6,112

    • Brandon Lackey (Chief Program Officer)
  • Compensation: $71,125
  • Related: $0
  • Other: $9,551

    • Darrell Garrett (Chief Operating Officer)
  • Compensation: $76,208
  • Related: $0
  • Other: $1,502

    • Quinn Barefield (Chief Business Officer)
  • Compensation: $66,750
  • Related: $0
  • Other: $3,342

    • Josh Heintz (Chief Enterprise Developme)
  • Compensation: $37,800
  • Related: $0
  • Other: $3,588

    • Victor C Slay (Chief Financial Officer)
  • Compensation: $35,000
  • Related: $0
  • Other: $2,541

    • Edmund Perry (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Kerley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Cecil (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherri Jackson Pereira (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Bandura (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Whit Debardeleben (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Fischer Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Jackson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • M J Lyons Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Cornay (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Stewart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Weatherly (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mayfield (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Ben Nevins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundryministries.com

    Where can I find the form 990 for The Foundry Ministries Inc?

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


    Official website here: www.foundryministries.com

    Learn more at the official website: www.foundryministries.com

    Mission Statement of The Foundry Ministries Inc

    The Foundry Ministries Inc is committed to restoring hope and rebuilding the lives of the destitute and addicted through a Christ-centered recovery program. As a non-profit organization, it operates a rescue mission and long-term addiction recovery center. This mission is manifested in providing shelter, food, and clothing to homeless men and women, housing over 300 individuals. Beyond these basic necessities, The Foundry Ministries Inc extends its services to the community, offering food distribution and medical care. The organization's holistic approach aims to provide a pathway to recovery, not just physically but also spiritually, thereby transforming the lives of those in need.

    Impact

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




    Saturday, July 20, 2024

    The Foundry Ministries Inc plays a crucial role in restoring hope and rebuilding the lives of individuals struggling with addiction and homelessness through its Christ-centered recovery programs. With a focus on providing shelter, food, and clothing to those in need, the organization has impacted over 300 individuals by offering not just basic necessities but also long-term support and services. Additionally, the ministry extends its reach to the community through various outreach efforts such as food distribution and medical care, making a tangible difference in the lives of many.





    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: $-27,030
  • Program Service Revenue: $708,741
  • Gross Receipts: $9,136,481

    • Assets and Liabilities:
  • Total Assets: $6,292,436
  • Total Liabilities: $3,253,583
  • Net Assets: $3,038,853
  • Programs

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

    PROGRAM SERVICE REVENU

    Revenue

    $708,741

    Organization Details

    Founding Year

    1994

    Principal Officer

    Micah Andrews

    Main Address

    PO BOX 824, BESSEMER, AL, 350210824

    NTEE Category

    Code: P28Z - Human services

    If you are a representative of The Foundry 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.