Bethel Ministries Inc

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

EIN: 842205113 ✦ Sparta, TN ✦ Designated as a 501(c)(3)

Overview

What is Bethel Ministries Inc?

Bethel Ministries Inc, located in Sparta, Tennessee (38583), is a compassionate nonprofit organization dedicated to assisting those in need. Their primary mission is to raise funds, primarily through the sales of a thrift store, to provide aid to less fortunate individuals. With a staff of 59 dedicated individuals, Bethel Ministries Inc strives to make a positive impact in their community and beyond, working tirelessly to fulfill their mission.


Is Bethel Ministries Inc legitimate?

Bethel Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethel 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: $90,909
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,282

For more financial information, click here


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

Mission Statement of Bethel Ministries Inc

Bethel Ministries Inc, as a nonprofit organization, is dedicated to providing assistance to those in need. They achieve this mission by leveraging multiple sources of income, primarily through the sales of goods at their thrift stores and various other means. The primary objective of Bethel Ministries Inc is to mobilize these funds to extend aid and support to less fortunate individuals. The organization's work is centered around the belief that every person deserves a chance to improve their living conditions and overcome challenges, and Bethel Ministries Inc plays a vital role in realizing this vision. By raising funds through various means, the organization is able to extend a helping hand to those in need, making a tangible difference in their lives.

Impact

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




Saturday, July 20, 2024

Bethel Ministries Inc's impact is significant in providing help and aid to the less fortunate in Sparta, Tennessee. Through its mission of raising funds from thrift store sales and other various means, Bethel Ministries Inc is able to directly support individuals in need within the community. Their focus on human services allows them to address a range of essential needs and make a positive difference in the lives of those facing challenges.





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: $0
  • Program Service Revenue: $2,293,267
  • Gross Receipts: $2,298,617

    • Assets and Liabilities:
  • Total Assets: $628,503
  • Total Liabilities: $385,485
  • Net Assets: $243,018
  • Programs

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

    THRIFT STORE SALES

    Revenue

    $2,293,267

    Organization Details

    Principal Officer

    David Burdette

    Main Address

    650 N SPRING ST, SPARTA, TN, 38583

    NTEE Category

    Code: P29 - Human services

    If you are a representative of Bethel 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.