Interfaith Refugee Ministry Inc
- Assets
- $318.7k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 20
- Location
- New Bern, NC
- Founding
- 01/1940
- Data as of
- 12/2023
- EIN
- 27-4394349
Organization Overview
Interfaith Refugee Ministry Inc is located in New Bern, NC. The organization was established in 1940. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Interfaith Refugee Ministry Inc employed 20 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Interfaith Refugee Ministry 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 12/2023, Interfaith Refugee Ministry Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 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
IRM EXISTS TO ENCOURAGE CONGREGATIONS OF ALL DENOMINATIONS AND OTHER POTENTIAL SPONSORING GROUPS TO RESPOND TO GOD'S CALL TO OFFER HOSPITALITY, WELCOME, AND CARING FOR THE STRANGER BY RESPONDING TO THE NEEDS OF REFUGEES AND ASYLEES, AND TO PROVIDE A SUPPORTIVE NETWORK OF RESOURCES AND INFORMATION FOR THESE LOCAL MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECEPTION AND PLACEMENT (R&P) PROVIDED HOUSING, FOOD, CLOTHING, TRANSPORTATION, STAFF ASSISTANCE AND ADVICE, ETC. FOR REFUGEES IN THEIR FIRST 30 DAYS IN THE USA.
OTHER PROGRAMS PROVIDE HOUSING, FOOD, CLOTHING AND OTHER ASSISTANCE TO REFUGEES.
REFUGEE SUPPORT SERVICES (RSS) PROVIDED HOUSING, FOOD, CLOTHING, TRANSPORTATION ETC. FOR REFUGEES DURING 5 YEARS AFTER THE FIRST 30 DAYS IN THE USA.
MATCH GRANT (M\G) PROVIDED CASH, FOOD, TRANSPORTATION, HEALTH SERVICES, EMPLOYMENT ASSISTANCE, AND STAFF ASSISTANCE AND ADVICE, ETC. FOR REFUGEES DURING THEIR FIRST 6 MONTHS IN THE USA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vesna Dujimusic Finance Mana | Officer | 40 | $50,880 |
Susan Husson Executive Di | Officer | 40 | $55,040 |
Samar Badwan Member | Trustee | 1 | $0 |
Jim Behl Member | Trustee | 1 | $0 |
Steve Bows Member | Trustee | 1 | $0 |
Ed Koffenberger Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,538,311 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,580,547 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,090 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,601,733 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $529,724 |
| Pension plan accruals and contributions | $41,434 |
| Other employee benefits | $87,371 |
| Payroll taxes | $39,876 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,498 |
| Travel | $24,106 |
| 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 | $0 |
| Insurance | $5,256 |
| All other expenses | $71,104 |
| Total functional expenses | $1,586,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,166 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $204,413 |
| Accounts receivable, net | $4,164 |
| 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 | $7,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $318,743 |
| Accounts payable and accrued expenses | $29,970 |
| 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 | $29,970 |
| Net assets without donor restrictions | $288,773 |
| 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 | $318,743 |