First United Methodist Church Of Ada Foundation

Organization Overview

First United Methodist Church Of Ada Foundation is located in Ada, OK. The organization was established in 1973. 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. First United Methodist Church Of Ada Foundation 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 04/2024, First United Methodist Church Of Ada Foundation generated $122.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $38.7k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL ASSISTANCE TO PROGRAMS AND ACTIVITIES OF THE FIRST METHODIST CHURCH OF ADA, OK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSIST WITH MISSION WORK OF THE CHURCH AND CAMPUS MINISTRY


ASSIST WITH MUSIC, EVANGALISM, CHILDREN AND SENIOR CITIZENS PROGRAMS.


ASSIST WITH BUILDING MAINTENANCE, CAPITAL EQUIPMENT PURCHASES, ETC.


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Board, Officers & Key Employees

Name (title)Compensation
Trudy Winter
President
$0
Steve Cody
Vice-President
$0
Donna Jamar
Secretary
$0
William Chapman
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$300
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$24,859
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,159
Total Program Service Revenue$0
Investment income $83,883
Tax Exempt Bond Proceeds $0
Royalties $13,336
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $122,378

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