New Salem Baptist Church
- Assets
- $1.3m
- Revenue
- $468.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 41-1170020
Organization Overview
New Salem Baptist Church, operating under the name New Salem Missionary Baptist Church, is located in Minneapolis, MN. The organization was established in 2002. 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 an independent organization and not affiliated with a larger national or regional group of organizations. New Salem Missionary Baptist 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 12/2023, New Salem Missionary Baptist Church generated $468.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $489.8k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE THE MEMBERS OF NEW SALEM MISSIONARY BAPTIST CHURCH BEING DISCIPLES OF JESUS CHRIST COMMIT TO PROVIDE SPIRITUAL HEALING TO A TROUBLED SP
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW SALEM EDUCATIONAL INITIATIVES IS A TUTORING PROGRAM THAT BENN SERVING THE COMMUNITY OF THE TWIN CITIES FOR OVER 30 YEARS. PROGRAM DIRECTOR, GARY DAVISON AND THE VOLUNTEER TUTORS HAS BEEN DEDICATED IN GIVING STUDENTS AND ADULTS THE PROPER UNDERSTANDING OF EDUCATION SKILL AND PREPARE THEM TO MEET THE REQUIRED MN BASIC COMPETENCY SKILLS EXAM. OUR TUESDAY TUTORING PROGRAM GIVE STUDENTAN OPPORTUNITY TO GET INDIVIDUAL ASSISTANT WITH THEIR HOMEWORK. HELPING ADULTS ATTAIN THEIR GED AND PREPARING STUDENT FOR COLLEGE.
NEW SALEM FOOD PROGRAM HAS BEEN PREPARING MEALS FOR OUR SENIORS AND DISABLED. THE PROGRAM BEGIN DURING COVID TO PROVIDE SENIORS WITH MEAL AND BAG OF GROCERIES DURING THE PANDEMIC.
NEW SALEM YOUTH PROGRAM PROMOTES POSITIVE SELF AWARENESS AND EMPOWERMENT WITH OUR DEDICATED MENTORS. SALEM YOUTH MENTORS PREPARE OUR YOUTHS WITH THE ABILITY TO CREATE THRU EXPRESSION AND GET A UNDERSTANDING OF THEIR SPIRITUALITY AND IDENTIFYING POSITIVE CHOICES. NEW SALEM YOUTHS ARE ABLE TO SEE POSITIVE GOALS AND MAKE CHOICES THAT IMPROVES THEIR SELF ESTEEM, PEER PRESSURE THAT GIVE CONFIDENCE TO MOVE IN BETTER LIFESTYLE JOURNEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willie Griffin Trustee President | Trustee | $0 | |
Roy Seay Trustee | Trustee | $0 | |
Jerry Mcafee Pastor | Officer | 45 | $100,450 |
Shunda Hollie Secretary | Trustee | $0 | |
Marvin Clark Board Member | Trustee | $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 | $395,581 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,581 |
| Total Program Service Revenue | $51,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,000 |
| 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 | $468,081 |
| 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 | $272,586 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $3,470 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,006 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $98,591 |
| Travel | $26,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,989 |
| Interest | $28,699 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $35,149 |
| All other expenses | $0 |
| Total functional expenses | $489,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,336 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,500 |
| 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 | $1,204,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,255,544 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $520,839 |
| 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 | $520,635 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,041,474 |
| Net assets without donor restrictions | $214,070 |
| 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 | $1,255,544 |