Form 990 for tax year 2023
Filed by CHRISTS SANCTIFIED HOLY CHURCH FOUNDATION TR.
Totals
- Total revenue
- $612,403
- Total expenses
- $137,019
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $612,403
- Other revenue
- $0
- Total assets, end of year
- $3,795,531
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,795,531
- Program services expenses (Part IX)
- $100,000
- Management and general expenses
- $37,019
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $100,000
Program services were 73.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $90,919 · excluded $90,919
-
7a · Gross sales of assets other than inventory
securities $2,648,792
-
7b · Less cost or other basis and sales expenses
securities $2,127,308
-
7c · Gain or loss
securities $521,484
-
7d · Net gain or loss
total $521,484 · excluded $521,484
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $205 · management and general $205
-
11c · Fees: accounting
total $5,250 · management and general $5,250
-
11f · Fees: investment management
total $29,604 · management and general $29,604
-
21 · Payments to affiliates
total $100,000 · program services $100,000
-
23 · Insurance
total $1,960 · management and general $1,960
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $87,081 · end of year $13,001
-
2 · Savings and temporary cash investments
beginning of year $69,148 · end of year $86,438
-
7 · Other notes and loans receivable
beginning of year $900,000 · end of year $1,400,000
-
12 · Investments: other securities
beginning of year $2,452,487 · end of year $2,296,092
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $3,508,716 · end of year $3,795,531
Mission and programs · 2023
Mission
THE CHRIST'S SANCTIFIED HOLY CHURCH FOUNDATION TRUST WAS ESTABLISHED IN ORDER TO PROVIDE A LEGAL, PERPETUATING INSTITUTION BY WHICH MEMBERS AND FRIENDS MAY MAKE GIFTS OF MONEY TO CHRIST'S SANCTIFIED HOLY CHURCH.
-
THE CHRIST'S SANCTIFIED HOLY CHURCH FOUNDATION TRUST (THE "TRUST") WAS ORGANIZED FOR THE PURPOSE OF PROVIDING:1. OPERATION AND MAINTENANCE OF THE CHRIST'S SANCTIFIED HOLY CHURCH HOME FOR THE AGED LOCATED IN PERRY, GEORGIA.2. PERPETUAL CARE FOR THE CHRIST'S SANCTIFIED HOLY CHURCH CEMETERY LOCATED IN PERRY, GEORGIA.3. MAINTENANCE OF THE CHRIST'S SANCTIFIED HOLY CHURCH'S CHAPEL, OFFICES, MEETING ROOMS, OTHER FACILITIES AND GROUNDS AT THE CHRIST'S SANCTIFIED HOLY CHURCH HEADQUARTERS LOCATED IN PERRY, GEORGIA.4. ESTABLISHMENT AND COCONSTRUCTION OF A NEW CHRIST'S SANCITIFIED HOLY CHURCH THROUGH LOANS OR GIFTS.
Expenses $100,000
As filed on the 2023 return.
Listed in Part VII
-
JANICE B NORMAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
TRACY ROGERS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
SHELLY BISHOP
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
SCOTT HAGAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
ELWOOD COLLIER JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
SAMM JERNIGAN III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
CANDACE BARNES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
SHEILA B KOLB
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CHRIST'S SANCTIFIED HOLY CHURCH
501(C)(3) · CHURCH · NC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431279349301958
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