Christian Union Inc
- Assets
- $13.1m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 61
- Location
- Princeton, NJ
- Founding
- 07/2003
- Data as of
- 06/2022
- EIN
- 22-3834440
Organization Overview
Christian Union Inc is located in Princeton, NJ. The organization was established in 2003. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Christian Union Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Union 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 06/2022, Christian Union Inc generated $9.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $7.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Christian Union Inc has awarded 48 individual grants totaling $605,450. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP CHRISTIAN LEADERS TO TRANSFORM CULTURE.
Describe the Organization's Program Activity:
CHRISTIAN UNION PROVIDED LEADERSHIP DEVELOPMENT MINISTRIES AT BROWNUNIVERSITY, CORNELL UNIVERSITY, THE UNIVERSITY OF PENNSYLVANIA, STANFORD, HARVARD LAW, DARTMOUTH COLLEGE AND YALE UNIVERSITY, PRODUCED THE MAGAZINE (A QUARTERLY JOURNAL), PROVIDED MINISTRY CENTERS AT PRINCETON, BROWN, AND CORNELL. IT CONDUCTED CONFERENCES AND RETREATS AND PROVIDED MINISTRY TO ALUMNI AND NEW YORK CITY PASTORS AND LEADERS.
CHRISTIAN UNION PROVIDED WEEKLY BIBLE COURSES AND LEADERSHIP LECTURE SERIES, LEADERSHIP DEVELOPMENT TRAINING, AND PERSONAL MENTORING TO STUDENTS ATTENDING COLUMBIA UNIVERSITY. APPROXIMATELY 81 STUDENTS WERE INVOLVED IN BIBLE COURSES.
CHRISTIAN UNION PROVIDED WEEKLY BIBLE COURSES AND LEADERSHIP LECTURESERIES, LEADERSHIP DEVELOPMENT TRAINING, AND PERSONAL MENTORING TO STUDENTS ATTENDING HARVARD COLLEGE. APPROXIMATELY 102 STUDENTS WERE INVOLVED IN BIBLE COURSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lee COO | Officer | 40 | $214,025 |
David Magnuson Avp Development | 40 | $152,259 | |
Matt Bennett Chairman/ceo | OfficerTrustee | 40 | $123,688 |
Dian Naman Secretary | OfficerTrustee | 1.5 | $0 |
Winston Wu Treasurer | OfficerTrustee | 1.5 | $0 |
James Armstrong Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,787,193 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,047,369 |
| Noncash contributions included in lines 1a–1f | $40,744 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,834,562 |
| Total Program Service Revenue | $0 |
| Investment income | $54,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$160,276 |
| Net Gain/Loss on Asset Sales | $1,411 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,787,161 |
| 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. | $381,802 |
| Compensation of current officers, directors, key employees. | $4,774 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,769,472 |
| Pension plan accruals and contributions | $57,914 |
| Other employee benefits | $602,704 |
| Payroll taxes | $283,578 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,610 |
| 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 | $444,453 |
| Advertising and promotion | $124,497 |
| Office expenses | $508,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $201,164 |
| Travel | $152,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $195,679 |
| Interest | $64,177 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,942 |
| Insurance | $72,642 |
| All other expenses | $323,323 |
| Total functional expenses | $7,270,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,529,631 |
| Savings and temporary cash investments | $40,001 |
| Pledges and grants receivable | $75,000 |
| 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 | $58,600 |
| Net Land, buildings, and equipment | $9,358,033 |
| Investments—publicly traded securities | $987,925 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,385 |
| Total assets | $13,074,575 |
| Accounts payable and accrued expenses | $196,310 |
| Grants payable | $0 |
| Deferred revenue | $12,400 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $4,931,836 |
| Secured mortgages and notes payable | $1,715,882 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,500 |
| Total liabilities | $6,876,928 |
| Net assets without donor restrictions | $5,207,895 |
| Net assets with donor restrictions | $989,752 |
| 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 | $13,074,575 |
Grants Awarded
Over the last fiscal year, Christian Union Inc has awarded $181,200 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Buchanan, MI PURPOSE: GENERAL SUPPORT | $10,000 |
THE DYNAMIC LIFE PURPOSE: GENERAL SUPPORT | $10,000 |
CHOOSE LIFE AT YALE PURPOSE: PROGRAM SUPPORT | $10,000 |
Buchanan, MI PURPOSE: GENERAL SUPPORT | $10,000 |
THE DYNAMIC LIFE PURPOSE: GENERAL SUPPORT | $10,000 |
Philadelphia, PA PURPOSE: PROGRAM SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Christian Union Inc has recieved totaling $3,469,482.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $2,708,745 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $500,000 |
Boost Others Washington, DC PURPOSE: SPREADING THE GOSPEL | $160,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $30,200 |
Soma Foundation Inc Columbus, GA PURPOSE: FINANCIAL SUPPORT | $25,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kolel Torah Inc Brooklyn, NY | $234,559 | $10,096,931 |
Christian Union Inc Princeton, NJ | $13,074,575 | $9,787,161 |
Eretz Hachaim Us Inc Brooklyn, NY | $7,972,379 | $9,030,705 |
Norman E Alexander Family S Foundation Inc New York, NY | $92,718,623 | $22,235,113 |
Strength Of Israel Inc Lawrence, NY | $1,436,056 | $5,202,580 |
Kupas Yom Tov Inc Lakewood, NJ | $35,904 | $3,631,675 |
Norman E Alexander Family M Foundation Inc New York, NY | $80,702,389 | $17,666,816 |
Norman E Alexander Family G Foundation Inc New York, NY | $74,799,909 | $16,778,157 |
Episcopal Charities Of The Diocese Of New York New York, NY | $4,370,956 | $2,900,488 |
Mosdos Rabbainu Nachum Meshadyk Brooklyn, NY | $3,226,330 | $4,187,685 |
Emet Veshalom Brooklyn, NY | $8,411 | $1,783,747 |
Daat Center Inc Brooklyn, NY | $444,170 | $1,892,675 |