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Nonprofiteer
← RBC MINISTRIES

Form 990 for tax year 2022

Filed by RBC MINISTRIES.

Totals

Total revenue
$64,910,282
Total expenses
$66,043,558
Contributions and grants received
$57,308,311
Grants paid
$0
Program service revenue
$5,220,207
Investment income
$37,636
Other revenue
$2,344,128
Total assets, end of year
$21,310,620
Total liabilities, end of year
$5,186,890
Net assets or fund balances, end of year
$16,123,730
Program services expenses (Part IX)
$58,333,608
Management and general expenses
$6,508,717
Fundraising expenses
$1,201,233
Program service expenses (Part III)
$58,333,608

Program services were 88.3% 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.

  • 1a · Federated campaigns

    $27,553

  • 1d · Related organizations

    $5,991,966

  • 1f · All other contributions, gifts and grants

    $51,288,792

  • 1g · Noncash contributions included above

    $56,076

  • 2a · Program service revenue: Religious Books/Music

    total $4,938,040 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Seminary & Certificate Courses

    total $282,167 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $41,146 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $41,877 · related or exempt $41,877 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $149,226

  • 6b · Less rental expenses

    real property $16,644

  • 6c · Rental income or loss

    real property $132,582

  • 6d · Net rental income or loss

    total $132,582 · related or exempt $132,582

  • 7a · Gross sales of assets other than inventory

    securities $85,399 · other assets $3,835

  • 7b · Less cost or other basis and sales expenses

    securities $92,744 · other assets $0

  • 7c · Gain or loss

    securities -$7,345 · other assets $3,835

  • 7d · Net gain or loss

    total -$3,510 · related or exempt -$3,510 · unrelated business $0 · excluded $0

  • 11a · Other revenue: PRINTING FOR OTHER

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11b · Other revenue: MINISTRIES

    total $519,561 · related or exempt $519,561 · unrelated business $0 · excluded $0

  • 11c · Other revenue: MISCELLANEOUS

    total $1,650,108 · related or exempt $1,650,108 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $2,169,669

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,611,305 · program services $1,369,609 · management and general $225,583 · fundraising $16,113

  • 7 · Other salaries and wages

    total $18,516,437 · program services $16,077,534 · management and general $2,241,885 · fundraising $197,018

  • 8 · Pension plan contributions

    total $666,524 · program services $539,346 · management and general $119,056 · fundraising $8,122

  • 9 · Other employee benefits

    total $2,613,200 · program services $2,359,064 · management and general $218,891 · fundraising $35,245

  • 10 · Payroll taxes

    total $1,459,965 · program services $1,240,067 · management and general $204,265 · fundraising $15,633

  • 12 · Advertising and promotion

    total $1,478,206 · program services $1,477,156 · management and general $1,050 · fundraising $0

  • 15 · Royalties

    total $402,722 · program services $402,722 · management and general $0 · fundraising $0

  • 17 · Travel

    total $604,944 · program services $343,762 · management and general $260,720 · fundraising $462

  • 19 · Conferences, conventions and meetings

    total $32,137 · program services $32,038 · management and general $99 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $2,378,102 · program services $1,992,780 · management and general $357,664 · fundraising $27,658

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $791,381 · program services $635,448 · management and general $155,871 · fundraising $62

  • 24b · Other expenses: AUTO/TRUCK EXP

    total $16,110 · program services $0 · management and general $16,110 · fundraising $0

  • 24c · Other expenses: COST OF SALES

    total $1,504,497 · program services $1,504,497 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $33,968,028 · program services $30,359,585 · management and general $2,707,523 · fundraising $900,920

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,697,575 · end of year $1,661,388

  • 2 · Savings and temporary cash investments

    beginning of year $33,096 · end of year $19,554

  • 4 · Accounts receivable

    beginning of year $898,867 · end of year $464,168

  • 8 · Inventories for sale or use

    beginning of year $2,442,887 · end of year $2,544,915

  • 9 · Prepaid expenses and deferred charges

    beginning of year $519,478 · end of year $769,242

  • 10a · Land, buildings and equipment: cost or other basis

    $48,557,307

  • 10b · Land, buildings and equipment: accumulated depreciation

    $35,155,110

  • 10c · Land, buildings and equipment, net

    beginning of year $13,438,814 · end of year $13,402,197

  • 11 · Investments: publicly traded securities

    beginning of year $54,955 · end of year $20,237

  • 15 · Other assets

    beginning of year $2,762,320 · end of year $2,428,919

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,099,058 · end of year $1,319,641

  • 25 · Other liabilities

    beginning of year $4,493,877 · end of year $3,867,249

  • 27 · Net assets without donor restrictions

    beginning of year $17,255,057 · end of year $16,123,730

Mission and programs · 2022

Mission

RBC MINISTRIES' MISSION IS TO MAKE THE LIFE-CHANGING WISDOM OF THE BIBLE UNDERSTANDABLE AND ACCESSIBLE TO ALL THROUGH PUBLICATION OF DEVOTIONAL MATERIALS, INTERNET MINISTRY, AND RADIO BROADCASTING

  • OUR DAILY BREAD - A DEVOTIONAL PUBLISHED MONTHLY FOR INDIVIDUALS AND FAMILIES WHO DESIRE A CLOSE RELATIONSHIP WITH GOD.

    Expenses $48,162,501

  • DAILY BIBLE TEACHING - BIBLE TEACHING PRESENTED IN A PRACTICAL AND UNDERSTANDABLE WAY THROUGH VIDEOS, RADIO, "OUR DAILY BREAD DEVOTIONAL", "DISCOVER THE WORD", AND LITERATURE - "DISCOVERY SERIES" AS WELL AS PRODUCTION OF BOOKS AND MUSIC TITLES.

    Expenses $6,979,209

  • INTERNATIONAL MINISTRIES 1,946,150 INTERNET TEACHING 1,091,125 UNALLOCATED HEALTH INSURANCE CREDIT 154,623

    Expenses $3,191,898

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Luis Garcia Seoane

    EMPLOYEE

    Total calculated
    $193,037
    From this org
    $185,657
    From related orgs
    $0
    Other
    $7,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,657
    Bonus
    $0
    Other
    $0
    Deferred
    $7,380
    Nontaxable benefits
    $0
    Filer's total
    $193,037

  • Jennie Dimkoff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peter Ameadaji

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gary Wicker

    TREASURER/CFO

    Total calculated
    $257,913
    From this org
    $232,306
    From related orgs
    $0
    Other
    $25,607
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,306
    Bonus
    $0
    Other
    $0
    Deferred
    $9,231
    Nontaxable benefits
    $16,376
    Filer's total
    $257,913

  • William Bontekoe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Diane Maher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marty Doorn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeff Lambert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Oechsler

    EMPLOYEE

    Total calculated
    $207,313
    From this org
    $185,657
    From related orgs
    $0
    Other
    $21,656
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,657
    Bonus
    $0
    Other
    $0
    Deferred
    $6,480
    Nontaxable benefits
    $15,176
    Filer's total
    $207,313

  • Jay Keller

    EMPLOYEE

    Total calculated
    $207,806
    From this org
    $184,112
    From related orgs
    $0
    Other
    $23,694
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,112
    Bonus
    $0
    Other
    $0
    Deferred
    $7,318
    Nontaxable benefits
    $16,376
    Filer's total
    $207,806

  • Daniel Ferwerda

    ASSIST. TREA

    Total calculated
    $165,299
    From this org
    $146,287
    From related orgs
    $0
    Other
    $19,012
    Hours/week
    29

    Schedule J breakdown matched by us

    Base
    $146,287
    Bonus
    $0
    Other
    $0
    Deferred
    $5,790
    Nontaxable benefits
    $13,222
    Filer's total
    $165,299

  • Quek Jin Wee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Khary Bridgewater

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Fik

    EMPLOYEE

    Total calculated
    $171,814
    From this org
    $149,494
    From related orgs
    $0
    Other
    $22,320
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,494
    Bonus
    $0
    Other
    $0
    Deferred
    $5,944
    Nontaxable benefits
    $16,376
    Filer's total
    $171,814

  • Luiz Silvado

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Vicki Harris

    EMPLOYEE

    Total calculated
    $212,342
    From this org
    $194,829
    From related orgs
    $0
    Other
    $17,513
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,829
    Bonus
    $0
    Other
    $0
    Deferred
    $7,743
    Nontaxable benefits
    $9,770
    Filer's total
    $212,342

  • Matt Brubaker

    EMPLOYEE

    Total calculated
    $245,196
    From this org
    $220,699
    From related orgs
    $0
    Other
    $24,497
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,699
    Bonus
    $0
    Other
    $0
    Deferred
    $8,121
    Nontaxable benefits
    $16,376
    Filer's total
    $245,196

  • William Walker

    ASSIST. TREA

    Total calculated
    $157,341
    From this org
    $146,287
    From related orgs
    $0
    Other
    $11,054
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $146,287
    Bonus
    $0
    Other
    $0
    Deferred
    $5,790
    Nontaxable benefits
    $5,264
    Filer's total
    $157,341

  • Cereen Varghese

    EMPLOYEE

    Total calculated
    $266,741
    From this org
    $250,365
    From related orgs
    $0
    Other
    $16,376
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $250,365
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,376
    Filer's total
    $266,741

  • Matt Lucas

    PRESIDENT

    Total calculated
    $253,358
    From this org
    $239,622
    From related orgs
    $0
    Other
    $13,736
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,622
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,736
    Filer's total
    $253,358

  • Evan Morgan

    EMPLOYEE

    Total calculated
    $154,338
    From this org
    $148,463
    From related orgs
    $0
    Other
    $5,875
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,463
    Bonus
    $0
    Other
    $0
    Deferred
    $5,875
    Nontaxable benefits
    $0
    Filer's total
    $154,338

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Pt I Line 4a
MATT BRUBAKER, severance pay $17,369

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
1 November 2023
IRS schema version
2022v5.0
Source object
202323469349301202

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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