Interfaith Ministries For Greater Houston
- Assets
- $18.0m
- Revenue
- $50.3m
- Investments
- $0.0
- Employees
- 298
- Location
- Houston, TX
- Founding
- 11/1964
- Data as of
- 06/2023
- EIN
- 74-1488102
Organization Overview
Interfaith Ministries For Greater Houston is located in Houston, TX. The organization was established in 1964. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2023, Interfaith Ministries For Greater Houston employed 298 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith Ministries For Greater Houston 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 06/2023, Interfaith Ministries For Greater Houston generated $50.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $49.9m during the year ending 06/2023. While expenses have increased by 15.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING PEOPLE OF DIVERSE FAITH TRADITIONS TOGETHER FOR DIALOGUE, COLLABORATION, AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
VOLUNTEER SERVICES - INTERFAITH MINISTRIES RECEIVED VOLUNTEER SUPPORT FROM APPROXIMATELY 1,500 VOLUNTEERS IN THIS FISCAL PERIOD. THESE VOLUNTEERS DONATED OVER 30,000 HOURS OF THEIR TIME IN SUPPORT OF IMGH'S PROGRAM SERVICE AREAS. VOLUNTEER OPPORTUNITIES INCLUDE SENIOR MEAL PACKAGING AND DELIVERY, PET MEAL PACKAGING AND DELIVERY, TRANSLATION AND CULTURAL ORIENTATION FOR REFUGEES, SPECIAL EVENTS AND OUTREACH, BOARD AND COMMITTEE PARTICIPATION, INTERNSHIPS, AND ADMINISTRATIVE ASSISTANCE. VIRTUAL VOLUNTEER OPPORTUNITIES INCLUDED THANKSGIVING PHONE CALLS TO SENIORS, CREATING CARDS AND GIFTS FOR CLIENTS, AND PROVIDING REFUGEE FAMILY MENTORSHIP. THE ESTIMATED VALUE OF THESE VOLUNTEER HOURS WAS ALMOST $900,000.EXPLANATION OF IM SUPPORT - IM SUPPORT WAS ORGANIZED IN AUGUST 2013 AS A TEXAS NONPROFIT CORPORATION TO SECURE NEW MARKET TAX CREDITS FINANCING FOR THE CONSTRUCTION OF THE W.T. AND LOUISE J. MORAN BUILDING AND THE RENOVATIONS OF THE ALBERT AND ETHEL HERZSTEIN BUILDING, AND TO HOLD OWNERSHIP OF THESE PROPERTIES FOR USE BY INTERFAITH MINISTRIES FOR GREATER HOUSTON. THE GRANT REPRESENTS ASSETS DONATED TO IM SUPPORT FROM INTERFAITH MINISTRIES.
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Evans Chair | OfficerTrustee | 2 | $0 |
Kathy Flanagan Chair-Elect | OfficerTrustee | 2 | $0 |
Henry Florsheim Vice Chair | OfficerTrustee | 2 | $0 |
Ann Kaesermann Treasurer | OfficerTrustee | 2 | $0 |
Saied Alavi Secretary | OfficerTrustee | 2 | $0 |
Charlene Chaung Immediate Past Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ti Constructors Construction | 6/29/23 | $1,195,348 |
M Ali Zakaria & Associates Pc Refugee Legal Services | 6/29/23 | $740,132 |
Generocity Services Inc Construction | 6/29/23 | $517,204 |
Optimum Mechanical Solutions Mechanical Service And Maintenance | 6/29/23 | $381,890 |
True Sense Marketing Direct Mail | 6/29/23 | $267,152 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $928,567 |
| Membership dues | $0 |
| Fundraising events | $512,387 |
| Related organizations | $0 |
| Government grants | $41,435,622 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,805,325 |
| Noncash contributions included in lines 1a–1f | $593,492 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,681,901 |
| Total Program Service Revenue | $529,260 |
| Investment income | $115,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,500 |
| Net Income from Fundraising Events | -$71,808 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,321,558 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $379,389 |
| Grants and other assistance to domestic individuals. | $33,492,680 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $555,061 |
| Compensation of current officers, directors, key employees. | $427,109 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,461,565 |
| Pension plan accruals and contributions | $187,997 |
| Other employee benefits | $1,301,721 |
| Payroll taxes | $713,842 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,435 |
| Fees for services: Accounting | $47,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $251,900 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $519,191 |
| Advertising and promotion | $52,697 |
| Office expenses | $591,729 |
| Information technology | $317,533 |
| Royalties | $0 |
| Occupancy | $840,290 |
| Travel | $88,453 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,172 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $284,360 |
| Insurance | $104,597 |
| All other expenses | $0 |
| Total functional expenses | $49,876,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,347,446 |
| Savings and temporary cash investments | $3,039,786 |
| Pledges and grants receivable | $5,504,925 |
| Accounts receivable, net | $14,892 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $125,568 |
| Prepaid expenses and deferred charges | $366,526 |
| Net Land, buildings, and equipment | $5,300,507 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $311,347 |
| Total assets | $18,010,997 |
| Accounts payable and accrued expenses | $1,463,698 |
| Grants payable | $0 |
| Deferred revenue | $537,881 |
| 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 | $311,347 |
| Total liabilities | $2,312,926 |
| Net assets without donor restrictions | $5,158,484 |
| Net assets with donor restrictions | $10,539,587 |
| 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 | $18,010,997 |
Grants Awarded
Over the last fiscal year, Interfaith Ministries For Greater Houston has awarded $379,389 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
IM SUPPORT PURPOSE: General support | $354,389 |
UNITED WAY OF GREATER HOUSTON PURPOSE: General support | $25,000 |