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EIN 85-0387276

Church Finance Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Albuquerque
State
New Mexico
Year formed
1960
Most recent tax filings
2022-12-01
NTEE code, primary
X20: Christian
Description
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.
Related structure
Church Finance Corporation is child organization, under the parent exemption from Baptist Convention of New Mexico.
Total revenues
$3,903,790
2022
Total expenses
$2,987,060
2022
Total assets
$88,136,013
2022
Num. employees
0
2022

Program areas at Church Finance Corporation

The Church Finance Corporation (Corporation) is a new mexico non-profit Corporation founded in 1960. The Corporation facilitates the growth of the baptist Church's work and other christian ministries by providing financial and related services and investment opportunities. The Corporation makes loan funds available to churches and ministries for property acquisition, building construction, expansion, and remodeling. The Corporation also provides investment opportunities that helps grow existing resources that allows churches and ministries to expand the body of christ.

Personnel at Church Finance Corporation

NameTitleCompensation
Barb MulveyChief Financial Officer
Lewis WilliamsChairman$0
Rick BreedenPresident$0
Joe CoeyVice Chairman$0
Kirk HudsonSecretary$0
...and 4 more key personnel

Financials for Church Finance Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,885
Program services$3,628,469
Investment income and dividends$271,436
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,903,790

Form 990s for Church Finance Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-28990View PDF
2021-122022-06-10990View PDF
2020-122021-07-15990View PDF
2019-122021-01-21990View PDF
2018-122019-10-04990View PDF
...and 4 more Form 990s

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Azalea Park Baptist Church and SOrlando, FL$1,815,625
Villa St ClareWheaton, IL$1,702,596
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Hope Movement CenterGroveland, FL$1,011,435
Iglesia Christiana Ebenezer GrimeslandAnaheim, CA$2,048,650
Covenant Living of GenevaSkokie, IL$1,323,914
Data update history
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
April 10, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
March 4, 2021
Updated personnel
Identified 3 new personnel
Nonprofit Types
Chapter / child organizationsCharitiesChurches
Issues
Religion
Characteristics
ReligiousChristianTax deductible donationsNo full-time employees
General information
Address
PO Box 16560
Albuquerque, NM 87191
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
churchfinancenm.org/ 
Phone
(505) 332-3777
IRS details
EIN
85-0387276
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X20: Christian
NAICS code, primary
813110: Religious Organizations
Parent/child status
Child within group exemption
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