Latin America Missions Church Fund
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, MN
- Founding
- 12/1998
- Data as of
- 12/2021
- EIN
- 39-1941565
Organization Overview
Latin America Missions Church Fund is located in Farmington, MN. The organization was established in 1998. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Latin America Missions Church Fund 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 12/2021, Latin America Missions Church Fund generated $54.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $56.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE ADMINISTRATE 5 CHURCHES AND 3 MISSION CHURCHES IN MEXICO, PROVIDING, TRAINING MATERIALS, PASTORAL COUNSELING, AND LEGAL SERVICES. A HISPANIC CHURCH IN MINNEAPOLIS, MN WAS ALSO STARTED. WE PRODUCED AND MAINTAINED A BIBLE INSTITUTE CURRICULUM WITH 10 STUDENTS STUDYING OUR COURSES. THE MATERIAL IS AVAILABE ON OUR WEBSITE. WE ALSO PROVIDED ONE LEADERSHIP TRAINING SEMINAR AND LED FOUR CHURCH GROUPS FOR CHURCH CONSTRUCTION AND EVANGELISM. IN ADDITION, WE PRODUCED SPANISH GOSPEL TRACTS FOR EVANGLISM AND PRINTING OFF ON OUR WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Stilwell President | 40 | $48,000 | |
Dan Stilwell Secretary | 5 | $0 | |
Tom Kelby Director | 5 | $0 | |
Mark Kohler Director | 5 | $0 | |
Tom Mayfield Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,291 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,300 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $29 |
| Printing, publications, postage, and shipping | $28 |
| Other expenses | $7,077 |
| Total expenses | $56,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,464 |
| Other assets | $0 |
| Total assets | $16,464 |
| Total liabilities | $74 |
| Net assets or fund balances | $16,390 |
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