Midwest Christian Ministries

The information for Midwest Christian Ministries is as of the organization's most recent filing in December '21. This organization is located in Des Moines, IA. It has been in existence for 10 years, following its founding in 2011.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Midwest Christian Ministries is classified under the NTEE code X19, which indicates that it falls under the major classification of Religion-Related. The minor classification for this organization is Support N.E.C., meaning it provides various forms of support except for financial assistance or fund raising for other organizations within the Religion Related, Spiritual Development category. As a 501(c)(3) organization, Midwest Christian Ministries is categorized under the C Section Code 3, which encompasses Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations. The mission of the organization is to make rental office space available at or below cost to 501(c)(3) organizations described in IRS 509(A)(1) or 509(A)(2) that have as their primary purpose the spreading of the Gospel of Jesus Christ as taught in the Holy Bible.

Program Areas

The organization's program area focuses on providing rental office space at or below cost to 501(c)(3) organizations that are dedicated to spreading the gospel of Jesus Christ as taught in the Holy Bible. This program area falls within the general fund and includes reporting all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Board Governance

Midwest Christian Ministries appears to be well-governed based on the provided information. The organization has a small number of voting members, which suggests a streamlined decision-making process. Additionally, all members are independent, indicating that there are no potential conflicts of interest among the governing body. The fact that board meetings and committee meetings are documented demonstrates a commitment to transparency and accountability. This documentation allows for a record of discussions and decisions, ensuring that all members are informed and involved in the organization's governance. Furthermore, Midwest Christian Ministries has a conflict of interest policy in place, which requires disclosure of conflicts. This policy helps to prevent any potential conflicts from influencing decision-making processes, ensuring that the organization's best interests are prioritized. However, there are areas where the organization could improve its governance practices. For instance, the absence of a written whistleblower policy may hinder the reporting of any unethical behavior or misconduct. Additionally, the lack of a document retention policy raises concerns about the organization's ability to maintain important records and documents. Overall, Midwest Christian Ministries demonstrates a strong commitment to governance through its independent board members, documented meetings, and conflict of interest policy. However, implementing additional policies such as a whistleblower policy and a document retention policy would further enhance the organization's governance practices.

Organization Growth

Over the given time period, Midwest Christian Ministries has experienced overall growth. Contributions and grants received increased from $10.4K in 2019 to $15.4K in 2021, demonstrating an upward trend in financial support. Additionally, investment income rose from $2.2K in 2019 to $4.1K in 2021, indicating an increase in returns from investments. Other revenue also saw significant growth, rising from $7.0K in 2019 to $23.7K in 2021. This suggests that the organization has diversified its revenue sources. Total revenue increased from $110.5K in 2019 to $132.4K in 2021, reflecting the overall growth of the organization. However, program service revenue decreased slightly from $90.9K in 2019 to $89.1K in 2021. Despite this, the overall growth in revenue indicates that Midwest Christian Ministries has grown over the given time period.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
William R Gustoff
Secretary
$0
Lemar Koethe
President
$0
Janice Scavo
Treasurer
$0
Greg Crawford
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$15,400
Noncash contributions included in lines 1a–1f $15,400
Total Revenue from Contributions, Gifts, Grants & Similar$15,400
Total Program Service Revenue$89,140
Investment income $4,118
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,894
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 $132,359

Create an account to unlock the data you need.

or