Conference Claimants Endowment Bd California Ann Conf Methodist Ch

Conference Claimants Endowment Bd California Ann Conf Methodist Ch Overview

Conference Claimants Endowment Bd California Ann Conf Methodist Ch is located in Stockton, CA. The organization was established in 1943. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 04/2020, Conference Claimants Endowment Bd California Ann Conf Methodist Ch employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 04/2020, Conference Claimants Endowment Bd California Ann Conf Methodist Ch generated $8.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $3.9m during the year ending 04/2020. While expenses have increased by 3.2% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT OF RETIRED METHODIST CLERGY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED $1,800,000 FOR THE SUPPORT OF RETIRED METHODIST MINISTERS BY GIFTING FUNDS TO THE BOARD OF PENSIONS OF THE CALIF-NEVADA ANNUAL CONFERENCE OF THE METHODIST CHURCH.


PROVIDED $106,000 TO SUPPORT AFFILIATED ORGANIZATIONS OF THE CALIF-NEVADA ANNUAL CONFERENCE OF THE METHODIST CHURCH FOR THE BENEFIT OF RETIRED METHODIST MINISTERS.


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Conference Claimants Endowment Bd California Ann Conf Methodist Ch Board, Officers & Key Employees

Name (title)Compensation
Cory Parish
Executive Dir.
$309,158
Mark Ramorino
Treasurer
$95,591
Kim Smith
President
$0
Dave Bennett
Vice President
$0
Eric Antonio
Trustee
$0
John Dodson
Trustee
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$125,235
Investment income $291,423
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,873,945
Net Gain/Loss on Asset Sales $446,455
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,751,575

Endowment Analysis

Beg. Balance$1,716,092
Ending Balance$1,716,092

Conference Claimants Endowment Bd California Ann Conf Methodist Ch Peer Organizations

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