Rbm Ministries Inc
- Assets
- $1.4m
- Revenue
- $906.6k
- Investments
- $131.9k
- Employees
- 21
- Location
- Plainwell, MI
- Founding
- 12/1943
- Data as of
- 12/2022
- EIN
- 38-6006342
Organization Overview
Rbm Ministries Inc is located in Plainwell, MI. The organization was established in 1943. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Rbm Ministries Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rbm 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 12/2022, Rbm Ministries Inc generated $906.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RBM MINISTRIES IS A FAITH-BASED MINISTRY COMMITTED TO ASSISTING BIBLE BELIEVING CHURCHES IN THE GREAT LAKES REGION TO REACH CHILDREN WITH THE GOSPEL OF JESUS CHRIST AND TO SEE THOSE CHILDREN AND THEIR FAMILIES DISCIPLED AND ESTABLISHED IN THE LOCAL CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RBM MINISTERS TO THE SPIRITUAL NEEDS OF PEOPLE, WORKING IN COOPERATION WITH ESTABLISHED FUNDAMENTAL CHURCHES; THEY HAVE A FOCUS ON REACHING CHILDREN WITH THE GOOD NEWS OF JESUS CHRIST. RBM HOLDS BIBLE CLASSES FOR STUDENTS WHO TAKE ADVANTAGE OF RELEASE TIME FROM SCHOOL FOR RELIGIOUS INSTRUCTION. RBM ALSO HOLDS SUMMER VACATION BIBLE SCHOOLS FOR BIBLE STUDY AND TRAINING IN CHRISTIAN LIVING. IN 2022, ABOUT 6,000 CHILDREN IN THE GREAT LAKES REGION WERE SERVED. FOLLOW-UP PROGRAMS PROVIDE INDIVIDUALS WITH SPIRITUAL ENCOURAGMENT AND MATERIALS FOR GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Gilbertson Executive Director | OfficerTrustee | 40 | $72,575 |
Bill White Director | Trustee | 1 | $0 |
Dana Hodges Director | Trustee | 1 | $0 |
Jeffrey Waltermire Director | Trustee | 1 | $0 |
Dennis Ross Director | Trustee | 1 | $0 |
Glen Cowles Treasurer | OfficerTrustee | 2 | $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 | $901,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $901,647 |
| Total Program Service Revenue | $0 |
| Investment income | $28,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$23,363 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $906,567 |
| 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. | $72,575 |
| Compensation of current officers, directors, key employees. | $27,216 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $742,237 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,990 |
| Payroll taxes | $43,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,992 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,911 |
| Fees for services: Other | $0 |
| Advertising and promotion | $176 |
| Office expenses | $36,358 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,510 |
| Travel | $62,565 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,688 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,794 |
| Insurance | $12,358 |
| All other expenses | $33,206 |
| Total functional expenses | $1,084,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,995 |
| Savings and temporary cash investments | $30,192 |
| 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 | $207,002 |
| Investments—publicly traded securities | $1,006,716 |
| Investments—other securities | $131,850 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,439,755 |
| Accounts payable and accrued expenses | $7,844 |
| 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 | $7,844 |
| Net assets without donor restrictions | $1,127,209 |
| Net assets with donor restrictions | $304,702 |
| 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 | $1,439,755 |