Seventh Day Baptist Memorial Fund Inc

Organization Overview

Seventh Day Baptist Memorial Fund Inc is located in Janesville, WI. The organization was established in 2000. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Seventh Day Baptist Memorial Fund 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 12/2018, Seventh Day Baptist Memorial Fund Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $794.4k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION RECEIVES ENDOWMENTS AND DISTRIBUTES THE INCOME. THEY ALSO MAKE LOANS TO OTHER SEVENTH DAY BAPTIST ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICES INCLUDES GRANTS, DISTRIBUTIONS, AND SCHOLARSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Donald M Graffius
President
$0
A Douglas Mackintosh
1st Vice President
$0
Myron J Mcpherson
Secretary
$0
Erin M Inabnit
Assistant Secretary
$0
James E Goodrich
Treasurer
$0
Stephen Rogers
Assistant Treasurer
$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$62,671
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$62,671
Total Program Service Revenue$138,906
Investment income $378,036
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,400
Net Gain/Loss on Asset Sales $2,281,593
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,869,606

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