Southside United Methodist Church Foundation Inc

Organization Overview

Southside United Methodist Church Foundation Inc is located in Jacksonville, FL. The organization was established in 1984. 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. Southside United Methodist Church Foundation 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 12/2023, Southside United Methodist Church Foundation Inc generated $27.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $13.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION WAS ESTABLISHED TO RECEIVE AND ADMINISTER FUNDS FOR SPECIFIED PURPOSES AS THEY RELATE TO ONGOING OPERATIONS OF SOUTHSIDE METHODIST CHURCH

Describe the Organization's Program Activity:

Part 3 - Line 4a

AMOUNTS PAID TO ASSIST QUALIFIED INDIVIDUALS IN UNDERWRITING EDUCATIONAL COSTS IN AN ESTABLISHED EDUCATIONAL PROGRAM AND/OR INSTITUTION.


TRANSFERS TO SOUTHSIDE METHODIST CHURCH TO HELP DEFRAY COSTS OF REPAIRS AND MAINTENANCE TO CHURCH FACILITIES, OTHER CHURCH PROPERTIES AND VARIOUS CHURCH PROGRAMS.


TRANSFERS TO SOUTHSIDE METHODIST CHURCH TO HELP DEFRAY COSTS OF CHURCH YOUTH PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
David Mosby
Trustee
$0
Tamara Baker
Trustee
$0
Carolyn Blake
Trustee
$0
Corey Dawson
Trustee
$0
Shay Hill
Trustee
$0
Mark Thiele
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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $27,389
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 $27,389

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