Mennonite Church Buildings Inc is located in Goshen, IN. The organization was established in 1976. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Mennonite Church Buildings Inc employed 2 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Mennonite Church Buildings 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 12/2022, Mennonite Church Buildings Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 2.6% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MENNONITE CHURCH BY PROVIDING REAL ESTATE OR REAL ESTATE LOANS FOR CHURCH BUILDINGS AND INSTITUTIONS OF THE MENNONITE CHURCH.
Describe the Organization's Program Activity:
OPERATIONS CURRENTLY CONSIST OF OWNERSHIP OF FACILITIES IN MENNONITE COMMUNITIES THROUGHOUT THE UNITED STATES. FACILITIES ARE RENTED TO VARIOUS EVERENCE ASSOCIATION AFFIILIATED ORGANIZATIONS INCLUDING FOR-PROFIT SUBSIDIARIES OWNED BY EVERENCE ASSOCIATION. RENT IS SET AT AN AMOUNT TO COVER COSTS AND A MODEST PROFIT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth D Hochstetler President | Officer | 2 | $0 |
Rodney D Diller Vice President | Officer | 0 | $0 |
Chad Horning Assistant Treasurer | Officer | 0 | $0 |
Fredrick Gingerich Treasurer (start 06/22) | Officer | 3 | $0 |
Lisa Nussbaum Assistant Treasurer | Officer | 2 | $0 |
Marlo J Kauffman Left 0622 Assistant Secretary | Officer | 0 | $0 |
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 | $1,345,295 |
Investment income | -$93,892 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$33,820 |
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 | $1,217,793 |
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 | $158,172 |
Pension plan accruals and contributions | $12,257 |
Other employee benefits | $27,870 |
Payroll taxes | $11,988 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12,145 |
Advertising and promotion | $0 |
Office expenses | $7,546 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,669 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $470,160 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $634,950 |
Insurance | $22,973 |
All other expenses | $74,418 |
Total functional expenses | $1,443,848 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $775,146 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,651 |
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 | $17,847 |
Net Land, buildings, and equipment | $11,272,669 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $138,241 |
Total assets | $12,230,554 |
Accounts payable and accrued expenses | $26,869 |
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 | $11,673,314 |
Total liabilities | $11,700,183 |
Net assets without donor restrictions | $530,371 |
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 | $12,230,554 |