Massachusetts Baptist Multicultural Ministries Inc
- Assets
- $978.6k
- Revenue
- $321.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Lowell, MA
- Founding
- 03/2011
- Data as of
- 03/2023
- EIN
- 27-2782979
Organization Overview
Massachusetts Baptist Multicultural Ministries Inc is located in Lowell, MA. The organization was established in 2011. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 03/2023, Massachusetts Baptist Multicultural Ministries Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Baptist Multicultural Ministries 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 03/2023, Massachusetts Baptist Multicultural Ministries Inc generated $321.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $548.3k during the year ending 03/2023. While expenses have increased by 10.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MASSACHUSETTS BAPTIST MULTICULTURAL MINISTRIES IS AN ORGANIZATION THAT STRIVES TO BRIDGE THE DIFFERENT ETHNIC CHURCHES TO THE AMERICAN BAPTIST CHURCH-USA AND TO FOSTER GREATER TIES WITHIN THE DENOMINATION. MBMM'S OBJECTIVE IS TO RECOGNIZE DIVERSITY AND TO CELEBRATE ITS GREAT OFFERINGS WITHIN THE WHOLE MISSION OF THE CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY PURPOSE IS TO BUILD RELATIONSHIPS WITH NEW IMMIGRANT CHURCHES, INCLUDING REFUGEES, IN ORDER TO UNDERSTAND THE PLIGHT AND NEEDS OF THESE COMMUNITIES AND TO PROVIDE APPROPRIATE ASSISTANCE; TO PROVIDE TRAINING, COURSES, WORKSHOPS AND CONFERENCES FOR INDIVIDUALS AND PASTORAL LEADERS ON MULTICULTURAL SUBJECTS SUCH AS ETHNICITY, IDENTITY, INTER AND INTRACULTURAL ISSUES, INTERGENERATIONAL ISSUES, BAPTIST POLICY, ETHICS, AND CULTURAL ADJUSTMENT; TO FACILITATE MEETING VARIOUS NEEDS OF THE REFUGEES IN CULTURAL SENSITIVITY, ADJUSTMENT AND SETTLEMENT; AND TO CONDUCT PROGRAMS THAT PROVIDE OPPORTUNITY FOR MULTICULTURAL LEARNING FOR ALL WHO CELEBRATE CULTURAL AND ETHNIC DIVERSITIES.
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) | Role | Hours | Compensation |
|---|---|---|---|
Rev Dr Mar Imsong Executive Director | Trustee | 40 | $56,597 |
Ms Barbara Drauschke President | OfficerTrustee | 10 | $0 |
Prof Brita Gill-Austern Director | Trustee | 5 | $0 |
Rev Richard Haley Treasurer | Trustee | 5 | $0 |
Ms Jenny Bonham-Carter Director | Trustee | 5 | $0 |
Rev Dr Mary Day Miller Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,871 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,788 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $297,659 |
| Total Program Service Revenue | $40,516 |
| Investment income | $13,815 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$30,453 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $321,537 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,597 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,548 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,819 |
| Payroll taxes | $12,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,559 |
| Advertising and promotion | $0 |
| Office expenses | $32,729 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,617 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,790 |
| Insurance | $3,822 |
| All other expenses | $0 |
| Total functional expenses | $548,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $106,024 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,920 |
| Investments—publicly traded securities | $867,678 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $978,622 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $978,622 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $978,622 |