Treasuring Christ Together Network
- Assets
- $97.0k
- Revenue
- $91.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Minneapolis, MN
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-4075988
Organization Overview
Treasuring Christ Together Network is located in Minneapolis, MN. The organization was established in 2016. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Treasuring Christ Together Network employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Treasuring Christ Together Network 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, Treasuring Christ Together Network generated $91.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $84.6k during the year ending 12/2021. While expenses have increased by 4.8% 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
NURTURING HEALTHY PASTORS AND HEALTHY CHURCHES TO PLANT HEALTHY CHURCHES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RETREAT PROVIDED FOR PASTORS OF MEMBER CHURCHES THROUGHOUT THE YEAR. PASTORS &WIVES ATTENDED AND RECEIVED ENCOURAGEMENT, TEACHING AND REST OVER A TWO DAY PERIOD.
PROVIDED HEALTH AND STRATEGY ASSESSMENTS AND TRAINING FOR PASTORS AND WIVES.
CHURCH PLANTING DOMESTICALLY AND OVERSEAS SUPPORTED
HELD MICRO-CONFERENCE FOR NATIONAL TRAINING & RECRUITING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher S Cordell Executive Director | OfficerTrustee | 5 | $6,000 |
Jordan Thomas Director | Trustee | 2.5 | $3,000 |
Kenneth Stokes Vicechair | OfficerTrustee | 0.5 | $0 |
Brett Louis Director | Trustee | 0.5 | $0 |
Nathan Knight Director | Trustee | 0.5 | $0 |
Timothy Cain Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $90,193 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $885 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,078 |
| Total Program Service Revenue | $500 |
| 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 | $91,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,250 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,019 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,390 |
| 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 | $83 |
| Information technology | $547 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $31,712 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,527 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $661 |
| All other expenses | $125 |
| Total functional expenses | $84,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,004 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $97,004 |
| Accounts payable and accrued expenses | $1,772 |
| 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 | $1,772 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $95,232 |
| 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 | $97,004 |
Grants Awarded
Over the last fiscal year, Treasuring Christ Together Network has awarded $5,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Tampa, FL PURPOSE: Pastoral Residency Grant | $4,000 |
TRAINING LEADERS INTER PURPOSE: Support Theological ed | $1,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Treasuring Christ Together Network has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
St Francis Home Breckenridge, MN | $31,134,827 | $7,139,521 |
Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Faith Lutheran Home Osage, IA | $4,614,532 | $5,533,666 |
Divine Providence Community Home Sleepy Eye, MN | $3,627,339 | $4,817,279 |
Time Of Grace Ministry Milwaukee, WI | $2,034,999 | $5,176,400 |
St Francis Health Services Of Morris Inc Morris, MN | $57,875,580 | $5,381,423 |
Dominican Sisters Corp St Ann Rest Home Milwaukee, WI | $0 | $3,927,255 |
Real Resources Inc Golden Valley, MN | $2,778,257 | $4,979,217 |
Bethesda Of Beresford Beresford, SD | $3,676,012 | $3,683,299 |
Isaiah St Paul, MN | $8,070,299 | $3,505,026 |