Church Management & Tax Conference Inc
- Assets
- $7.6m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Chattanooga, TN
- Founding
- 03/1999
- Data as of
- 12/2023
- EIN
- 62-1311229
Organization Overview
Church Management & Tax Conference Inc, operating under the name dba International Congress of Churches & Ministers, is located in Chattanooga, TN. The organization was established in 1999. According to its NTEE Classification (X02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Religion-Related and related organizations. As of 12/2023, dba International Congress of Churches & Ministers employed 6 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. dba International Congress of Churches & Ministers 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, dba International Congress of Churches & Ministers generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION OF CHURCHES & NON PROFIT ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022 CMTC CONDUCTED SEMINARS IN APROX. 20 CITIES IN THE USA ON 501(C)(3) ISSUES, COMPLIANCE AND PROPER IRS 501(C)(3) FILING. POSTAGE, MAILING LIST RENTAL & BROCHURE PRINTING TO PROMOTE SEMINAR DATE AND TIME TELEPHONE CONSULTATION SUPPORT
INTERNATIONAL CONGRESS OF CHURCHES & MINISTERS A DBA OF THIS ORGANIZATION. ACROSS THE UNITED STATES BECOME501(C)3 EXEMPT THOURGH A GROUP EXEMPTION. ADVERTISING TO PROMOTE THIS SERVICE.
PROMOTION OF WRITTEN MATERIAL, TRAVEL TO EACH CITY TO EDUCATE AND CONDUCT CONFERENCES, DISPLAY AND DISTRIBUTE INFORMATION FREE. FREE PUBLICATION COST APX $250,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Michael Chitwood CEO (cmtc) | OfficerTrustee | 40 | $140,400 |
Debbie Booth Director | Trustee | 40 | $27,800 |
Dr Shannon Cook Director | OfficerTrustee | 20 | $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 | $1,057,710 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,057,710 |
| Total Program Service Revenue | $334,431 |
| Investment income | $22,353 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $250,000 |
| 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 | $137,810 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,884,351 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $112,067 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,513 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,635 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,791 |
| Office expenses | $3,219 |
| Information technology | $32,850 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $56,907 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $91,576 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $346,502 |
| Insurance | $9,973 |
| All other expenses | $827,791 |
| Total functional expenses | $1,681,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,359,809 |
| 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 | $216,156 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,898,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $145,000 |
| Total assets | $7,619,104 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,069,087 |
| Secured mortgages and notes payable | $1,490,148 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $27,189 |
| Total liabilities | $2,586,424 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $5,032,680 |
| Total liabilities and net assets/fund balances | $7,619,104 |