First Presbyterian Church Foundation Of Hastings Nebraska

Organization Overview

First Presbyterian Church Foundation Of Hastings Nebraska is located in Hastings, NE. The organization was established in 2001. 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. First Presbyterian Church Foundation Of Hastings Nebraska 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, First Presbyterian Church Foundation Of Hastings Nebraska generated $220.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $232.8k during the year ending 12/2021. While expenses have increased by 9.0% 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 SUPPORT THE FIRST PRESBYTERIAN CHURCH OF HASTINGS, NEBRASKA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUILDING, EQUIPMENT, REPAIRS, SUPPLIES, AND TRAINING WERE FUNDED TO SUPPORT THE MISSION OF FIRST PRESBYTERIAN CHURCH OF HASTINGS, NEBRASKA.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Karloff
President
$0
Tony Eddleman
Secretary
$0
Willene Kummer
Treasurer
$0
Mark Hemje
Vice Preside
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $154,339
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $66,416
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $220,755

Grants Recieved

Over the last fiscal year, we have identified 1 grants that First Presbyterian Church Foundation Of Hastings Nebraska has recieved totaling $49,667.

Awarding OrganizationAmount
Hastings Community Foundation Inc

Hastings, NE

PURPOSE: GENERAL OPERATIONS

$49,667
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,165,089
Earnings$433,365
Admin Expense-$20,370
Other Expense-$212,408
Ending Balance$4,365,676

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