Salem Gospel Mission International - Bronx Assembly
- Assets
- $673.2k
- Revenue
- $150.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 06/2012
- Data as of
- 12/2023
- EIN
- 27-5077765
Organization Overview
Salem Gospel Mission International - Bronx Assembly is located in Bronx, NY. The organization was established in 2012. 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. Salem Gospel Mission International - Bronx Assembly 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, Salem Gospel Mission International - Bronx Assembly generated $150.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $211.9k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 8 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
RELIGIOUS MISSION TO PROMOTE DEEP UNDERSTANDING OF CHRITIAN FAITH AND IMPROVE MEMBERS AND COMMUNITY FAITH IN CHRIST AND CHRISTIAN DOCTRINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALEM GOSPEL SEARCH THE SCRIPTURE AND BIBLE TEACHING IS A SCRIPTURAL PROGRAM BASED ON CHRISTIAN DOCTRINE. THE PROGRAM GOAL IS TO IMPROVE MEMBERS UNDERSTANDING OF CHRIST TEACHING AND TO APPLY SUCH TEACHING TO THEIR RESPECTIVE DAILY LIVES. IT IS A THREE DAYS PER WEEK PROGRAM DIRECTED TO BOTH ADULTS AND CHILDREN TO LOVE THE FAMILY AND THE COMMUNITY AS TAUGHT BY CHRIST AND BACKED WITH BIBLE REFERENCES.THIS IS THE CORE OR HEART OF THIS CHURCH.EXPENSES INCLUDES MORTGAGE AND ASSOCIATED COST INCLUDING BULDING REPAIRS AND RECONSTRUCTION
THE GROWTH EXPERIENCED BY THE CHURCH IN TERMS OF MEMBERSHIP IS A TESTAMENT TO THE SPIRITUAL REVIVAL OF THE NEIGHBORHOOD ESPECIALLY AT THE LOCATION IN SOUNDVIEW SECTION OF THE BRONX. THE CHURCH LOCATION BROUGHT SOCIAL AND BEHAVIORAL IMPROVEMENT AND GOOD RELATIONSHIP AMONG THE COMMUNITY BECAUSE OF THE EVANGELISM WORK CONDUCTED BY THE CHURCH. CHURCH'S OPERATION FEED THE HUNGRY ALEVIATE POOR NUTRITION IN THE NEIGHBORHOOD
CHILDREN SUNDAY SCHOOL PROGRAM WAS DEVELOPED TO ASSIST THE CHURCH TO ACCOMPLISH ITS ORIGINAL MISSION TO IMPROVE CHILDREN SPIRITUAL UNDERSTANDING OF DEEP CHRISTIAN FAITH. THE PROGRAM PROVIDES DAY CARE SERVICES TO THE COMMUNITY DURING THE SUMMER MONTH (JULY AND AUGUST. THE PROGRAM IS NOT RESTRICTED TO CHURCH MEMBER THE PROGRAM IS DESIGN TO HELP WORKING CLASS FAMILY IN THE COMMUNITY ESPECIALLY DURING THE SUMMER MONTHS. IT IS FREE FOR ALL PARTICIPANTS
WOMEN FELLOWSHIP PROGRAM IS A FAMILY COUNSELING DESIGNED TO ADDRESS FAMILY ISSUES INCLUDING BUT NOT LIMITED TO MARITAL CONFLICT/DISPUTE SERVICES INCLUDE DOMESTIC VIOLENCE, CHILD ABUSE, SPOUSAL ABUSE,DRUG AND ALCOHOL COUNSELING, WELLNESS PROGRAMS. THE PROGRAM ALSO INCLUDE PRE-NATAL AND POST PARTUM SERVICES FOR WOMEN. SERVICES ARE FREE TO ALL PARTICIPATING MEMBERS OF THE COMMUNITY. NOT RESTRICTED TO CHURCH CONGREGATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olubunmi Akindebe | OfficerTrustee | 30 | $0 |
Abiodun Adurosaiye | OfficerTrustee | 30 | $0 |
Bola Durosaiye | Officer | 15 | $0 |
Olufemi Oyede | Officer | 15 | $0 |
Arinola Oyede | Officer | 15 | $0 |
Modupeola Akindebe | Officer | 15 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $150,609 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $650 |
| Fees for services: Accounting | $750 |
| 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 | $12,941 |
| Information technology | $5,150 |
| Royalties | $0 |
| Occupancy | $37,767 |
| Travel | $4,280 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,501 |
| Interest | $24,550 |
| Payments to affiliates | $2,859 |
| Depreciation, depletion, and amortization | $15,807 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $211,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,605 |
| Savings and temporary cash investments | $0 |
| 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 | $633,609 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $673,214 |
| Accounts payable and accrued expenses | $12,500 |
| 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 | $601,714 |
| Unsecured mortgages and notes payable | $59,000 |
| Other liabilities | $0 |
| Total liabilities | $673,214 |
| Net assets without donor restrictions | $0 |
| 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 | $673,214 |