NonprofitsBelievers Stewardship Services Inc

Public Foundations

Believers Stewardship Services Inc

DUBUQUE, IA

Total revenue

$4.8M

Total expenses

$4.6M

Net assets

$19.6M

Grants received

$437K

12 grants

EIN

311782614

Tax year

2023

Mission

Assisting Christian believers to glorify God through biblical stewardship

Programs

2 programs

Rendering estate planning services (e.g., assistance in the preparation of wills, revocable living trusts, powers of attorney, estate and trust tax returns) and planned giving (e.g., administration of charitable gift annuities and charitable remainder trusts) to clients as well as other ministries' clients during the fiscal year, benefiting many charities besides LMS. Providing donor education through seminars in areas of estate planning and planned giving. We entered into a subscription agreement with Freewill in order for us to have an effective tool to assist most individuals to prepare wills, trusts, etc. This subscription tool if offered to clients at no charge, because we cover the cost.

Expenses: $30K

Rendering or paying other vendors to render tax preparation services to individuals (including missionaries, and ministers of the gospel), trusts and estates, and a few charitable organizations.

Expenses: $6K

Financials

FY 2023

Revenue

Contributions & grants$3.6M
Program service revenue
Investment income$1.1M
Other revenue$30K
Total revenue$4.8M

Expenses

Grants paid$3.7M
Salaries & benefits$550K
Fundraising$29K
Other expenses$364K
Total expenses$4.6M
Total assets$23.4M
Net assets$19.6M

People

7 listed

NameRoleCompensation

Robert Sullivan

President & CEO

Board

$116K

40 hrs/wk

Samuel Thorpe Jr

Vice Chairman

Board

0.2 hrs/wk

Mark Keller

Risk Officer

Board

1 hrs/wk

William Coyle

Chairman & Assistant Secretary

Board

2 hrs/wk

John Peasland

Director

Board

0.5 hrs/wk

Paul Bonner

Director

Board

0.2 hrs/wk

Walkter Skip Elliott

Treasurer

Board

1 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$20K
PUBLIC, SOCIETAL BENEFIT
2023
$20K
GENERAL CHARITABLE
2023
$17K
For grant recipient's exempt purposes
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$75K
GENERAL CHARITABLE
2022
$59K
PUBLIC, SOCIETAL BENEFIT
2022
$11K
For grant recipient's exempt purposes
2022
$140K
PUBLIC, SOCIETAL BENEFIT
2021
$13K
For grant recipient's exempt purposes
2021
$13K
For grant recipient's exempt purposes
2021
$35K
PUBLIC, SOCIETAL BENEFIT
2020
$25K
PUBLIC, SOCIETAL BENEFIT
2019

Funded by

$437K from 4 funders · 12 grants · 2019–2023

Donor Advised Charitable Giving Inc

$279K · 5 grants · 2019–2023

Perrin Foundation Inc

$95K · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$53K · 4 grants · 2021–2023

The Us Charitable Gift Trust

$10K · 1 grant · 2023

Details

EIN311782614
NTEE codeT30
Subsection03
Ruling date2001-10
Formed2001
Employees5
Volunteers6
BELIEVERS STEWARDSHIP SERVICES INC — Mission, Financials & Grants Received | Grantivo