Camp Bethel Inc
- Assets
- $748.8k
- Revenue
- $121.6k
- Investments
- $634.3k
- Employees
- 0
- Location
- Waynesville, NC
- Founding
- 09/2006
- Data as of
- 12/2021
- EIN
- 20-5121036
Organization Overview
Camp Bethel Inc is located in Waynesville, NC. The organization was established in 2006. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camp Bethel Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Camp Bethel Inc generated $121.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $132.9k during the year ending 12/2021. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF CAMP BETHEL IS EXPERIENCING GOD IN SOLITUDE AND CHRIST IN SERVITUDE. THE GOAL OF CAMP BETHEL IS TO PROVIDE A PLACE OF COMMUNITY GATHERING OPEN TO ALL WHO LIVE BY THE EXAMPLE PROVIDED BY THE EARLIEST CHURCH IN ACTS 2:42 CAMP BETHEL ALSO CREATED A PROGRAM TO PROVIDE AFFORDABLE HOUSING FOR NEEDY INDIVUDUALS AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Bates V-P & Treas | 5 | $0 | |
Richard Bates Pres & Secty | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $92,600 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,990 |
| Total Revenue | $121,590 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,434 |
| Depreciation | $0 |
| Occupancy | $20,621 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $65,096 |
| Total operating and administrative expenses | $132,853 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $132,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,319 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $88,330 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $634,261 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,850 |
| Total assets | $748,760 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $40,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $40,000 |
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