Grace Community Church is located in Centreville, VA. The organization was established in 1974. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Grace Community Church 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 12/2022, Grace Community Church generated $82.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $73.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Ahn Senior Pastor | 40 | $20,400 | |
Lisa Kim Senior Pastor | 20 | $14,400 | |
Yang Joong Kim Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,461 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,461 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,562 |
| Professional fees and other payments to independent contractors | $710 |
| Occupancy, rent, utilities, and maintenance | $11,750 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,741 |
| Total expenses | $73,763 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,219 |
| Other assets | $0 |
| Total assets | $137,219 |
| Total liabilities | $15,286 |
| Net assets or fund balances | $121,933 |