Lake Mead Christian Ministries Development Inc is located in Henderson, NV. The organization was established in 2016. 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. Lake Mead Christian Ministries Development 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 06/2021, Lake Mead Christian Ministries Development Inc generated $11.6m in total revenue. All expenses for the organization totaled $1.6m during the year ending 06/2021. While expenses have increased by 56.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OWNS THE SCHOOL BUILDING, LEASES THE PROPERTY AND MAKES CONTRIBUTIONS TO LAKE MEAD CHRISTIAN MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVERSEE THE DEVELOPMENT AND CONSTRUCTION OF THE EXPANDED CAMPUS FOR LAKE MEAD CHRISTIAN MINISTRIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gayle Sue Blakeley Secretary | OfficerTrustee | 0.5 | $0 |
Dory Scott President | OfficerTrustee | 0.5 | $0 |
Jason K Frame Member | Trustee | 0.5 | $0 |
Gidget Berg-Graham Member | Trustee | 0.5 | $0 |
Tara Young Member | Trustee | 0.5 | $0 |
Merlelynn Harris Member | Trustee | 0.5 | $0 |
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 | $1,164,318 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $11,552,971 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,022,841 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $25,000 |
Fees for services: Legal | $34,331 |
Fees for services: Accounting | $19,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $40,394 |
Advertising and promotion | $0 |
Office expenses | $314 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $111,103 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $358,455 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,611,738 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $187,081 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $10,403,834 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,590,915 |
Accounts payable and accrued expenses | $3,881 |
Grants payable | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,881 |
Net assets without donor restrictions | $8,587,034 |
Net assets with donor restrictions | $2,000,000 |
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 | $10,590,915 |
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Christian Center Of Park City Park City, UT | $13,844,095 | $7,996,060 |
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Tabernacle Christian School Concord, CA | $5,160,537 | $3,470,555 |
Alleluia Reedley, CA | $3,151,483 | $3,355,786 |
Interact Ministries Inc Boring, OR | $2,444,865 | $2,307,839 |
Desert Manna Barstow, CA | $1,202,550 | $2,591,102 |
Alberto Mottesi Evangelistic Assoc Inc Santa Ana, CA | $3,484,809 | $2,833,978 |
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