Mount Carmel Church In Minneapolis Foundation

Organization Overview

Mount Carmel Church In Minneapolis Foundation is located in Minneapolis, MN. The organization was established in 1965. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mount Carmel Church In Minneapolis Foundation 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, Mount Carmel Church In Minneapolis Foundation generated $47.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $46.4k during the year ending 12/2021. While expenses have increased by 11.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RECEIVE ASSETS, INVEST THEM, AND USE THE INCOME THEREFROM FOR RELIGIOUS, CHARITABLE, BENEVOLENT, AND EDUCATIONAL USES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AN ONGOING SERVICE PROGRAM IS TO FUND POST SECONDARY SCHOLARSHIPS FOR QUALIFYING MEMBERS OF MOUNT CARMEL LUTHERAN CHURCH. SCHOLARSHIP AWARDS ARE AVAILABLE FOR ANY FORM OF POST SECONDARY STUDY. THEY ARE BASED ON CONTRIBUTIONS TO THE RELIGIOUS LIFE OF THE CHURCH AS WELL AS POTENTIAL FOR SCHOLASTIC SUCCESS, LEADERSHIP, AND PERSONAL ATTRIBUTES. THE OBJECTIVE OF THIS PROGRAM IS TO AID MEMBERS BY DEFRAYING EXPENSES AND ENCOURAGE THEIR LONG TERM SUCCESS THROUGH HIGHER EDUCATION.


ONE SERVICE OF THE FOUNDATION'S PROGRAM IS TO SUPPORT THE EXTRA-BUDGETARY NEEDS OF THE PHYSICAL PLANT OF MOUNT CARMEL LUTHERAN CHURCH. THE OBJECTIVE OF THIS PROGRAM IS TO ALLOW THE CHURCH TO MAKE TIMELY MAINTENANCE AND REPAIRS TO ITS PROPERTY. ITS ACTIVITY SERVED THE ENTIRE CONGREGATION OF MOUNT CARMEL LUTHERAN CHURCH AND THE SURROUNDING COMMUNITY.


ONE SERVICE PROGRAM IS TO SUPPORT EXTRA-BUDGETARY PROGRAMS AT MOUNT CARMEL LUTHERAN CHURCH. THE OBJECTIVE OF THIS PROGRAM IS TO ALLOW THE CHURCH TO OFFER PROGRAMS WHICH SERVE AND GROW ITS MEMBERSHIP, WHICH RANGES FROM 10 TO 250 PEOPLE.


CHRISTIAN/ADULT EDUCATION


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Diane Langer
President
$0
Matt Nordeen
Treasurer
$0
Kathy Halverson
Secretary
$0
Kevin Ziegler
Vice President
$0
Ralph Matthes
Director
$0
Mary Catherine
Director
$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$6,717
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,717
Total Program Service Revenue$0
Investment income $10,603
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $30,284
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $47,604

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mount Carmel Church In Minneapolis Foundation has recieved totaling $53.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$53
View Grant Recipient Profile

Create an account to unlock the data you need.

or