Grace Community Church is located in Centreville, VA. The organization was established in 1974. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Grace Community Church 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 12/2022, Grace Community Church generated $82.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $73.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Ahn Senior Pastor | 40 | $20,400 | |
Lisa Kim Senior Pastor | 20 | $14,400 | |
Yang Joong Kim Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $82,461 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $82,461 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $41,562 |
Professional fees and other payments to independent contractors | $710 |
Occupancy, rent, utilities, and maintenance | $11,750 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,741 |
Total expenses | $73,763 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $137,219 |
Other assets | $0 |
Total assets | $137,219 |
Total liabilities | $15,286 |
Net assets or fund balances | $121,933 |