NonprofitsChurch Finance Corporation

Church Finance Corporation

ALBUQUERQUE, NM

Total revenue

$5.4M

Total expenses

$3.7M

Net assets

$12.0M

Grants received

EIN

850387276

Tax year

2024

Mission

The church finance corporation (corporation) is a new mexico non-profit corporation founded in 1960. The corporation was formed to assist southern baptist and other evangelical christian churches and related ministries in obtaining or providing financing for the purpose of purchasing property and erecting or improving buildings. The corporation's major revenue sources are from interest income from loans receivable and loan processing fees.

Financials

FY 2024

Revenue

Contributions & grants$3K
Program service revenue$4.8M
Investment income$580K
Other revenue
Total revenue$5.4M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$3.7M
Total expenses$3.7M
Total assets$88.2M
Net assets$12.0M

People

9 listed

NameRoleCompensation

RICK BREEDEN

PRESIDENT

Board

40 hrs/wk

LEWIS WILLIAMS

CHAIRMAN

Board

2 hrs/wk

JOE COEY

VICE CHAIRMA

Board

2 hrs/wk

KIRK HUDSON

SECRETARY

Board

2 hrs/wk

LINDA DEAN

DIRECTOR

Board

1 hrs/wk

EDDIE MCCALL

DIRECTOR

Board

1 hrs/wk

RICHARD GOMEZ

DIRECTOR

Board

1 hrs/wk

JAMES FRANCIS

DIRECTOR

Board

1 hrs/wk

ROBERT EWING

DIRECTOR

Board

1 hrs/wk

Independent contractors

NEW MEXICO BAPTIST FOUNDATION

MANAGEMENT

$600K

Details

EIN850387276
Subsection03
Ruling date1968-08
Formed1960
Employees0
CHURCH FINANCE CORPORATION — Mission, Financials & Grants Received | Grantivo