2023-10-16T10:31:05-05:00 2023-06-30 560574444 CHERRY BEKAERT ADVISORY LLC 1422 BURTONWOOD DRIVE STE 100 GASTONIA NC 28054 990 2022-07-01 581484537 FUNDAMENTAL BAPTIST HOME MISSIONS INC FUND 7046294176 P O BOX 1510 BESSEMER CITY NC 28016 GENE CHIP STOWE PRESIDENT/GENERAL DIRECTOR 7046294176 2023-10-09 1 GENE CHIP STOWE XXX-XX-XXXX 0 TRENT WILSON P00104338 7048652396 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GENE CHIP STOWE P O BOX 1510 BESSEMER CITY NC 28016 1863781 0 X WWW.FBHM.ORG X 1982 NC SUPPORT MISSIONARIES IN PREACHING THE GOSPEL. 7 7 0 116 0 0 1752021 1862040 0 0 207 1741 0 0 1752228 1863781 1677138 1753896 0 0 0 0 0 0 0 55345 76340 1732483 1830236 19745 33545 961630 995175 0 0 961630 995175 PREACH THE GOSPEL OF JESUS CHRIST, ESTABLISH CHURCHES, AND TRAIN MEN TO BE MISSIONARIES, TEACHERS AND PASTORS. 0 0 1765271 1753896 FINANCIAL SUPPORT UTILIZED FOR LIVING EXPENSES AND CHURCH NEEDS WAS PROVIDED TO 116 FUNDAMENTAL BAPTIST HOME MISSIONARIES IN PREACHING THE GOSPEL OF JESUS CHRIST. 1765271 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X GENE (CHIP) STOWE JR 7046294176 200 W VIRGINIA AVENUE BESSEMER CITY NC 28016 X CHIP STOWE PRESIDENT 40.00 X X 0 0 0 JACK STEWART VICE PRESIDENT 40.00 X X 0 0 0 LUCILLE B ELLIS SECRETARY-TREASURER 40.00 X X 0 0 0 ERNESTO ANDRADE BOARD MEMBER 2.00 X 0 0 0 GRADY GREGORY BOARD MEMBER 2.00 X 0 0 0 JASON MOORE BOARD MEMBER 2.00 X 0 0 0 BO WAGNER BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 1862040 1862040 1741 1741 1863781 0 0 1741 1038933 1038933 714963 714963 48401 48401 14256 14256 5410 5410 5965 5965 2119 2119 TAXES AND LICENSES 189 189 1830236 1765271 64965 0 261132 294677 700498 0 700498 700498 961630 995175 0 0 X 0 0 0 0 961630 995175 961630 995175 961630 995175 33545 0 X 0 0 0 X 1369024 1531781 1514624 1752021 1862689 8030139 1369024 1531781 1514624 1752021 1862689 8030139 38763 7991376 447 1088 585 207 1092 3419 8033558 0.99470 0.99680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 376106 376106 124432 124432 178609 178609 21351 21351 700498 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 449752 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 15536 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 105059 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 29467 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 70465 RUSSIA AND NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 44685 0 0 0 0 0 0 714964 0 714964 STARTING CHURCHES CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 38 449752 WIRE TRANSFER STARTING CHURCHES NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 3 15536 WIRE TRANSFER STARTING CHURCHES EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 4 29467 WIRE TRANSFER STARTING CHURCHES SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 4 70465 WIRE TRANSFER STARTING CHURCHES SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 4 105059 WIRE TRANSFER STARTING CHURCHES RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 1 44685 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: THE FIELD MISSIONARIES REQUEST GRANTS, VIA E-MAIL, FROM THE FUNDAMENTAL BAPTIST HOME MISSIONS. THE REQUEST IS REVIEWED AND AN AMOUNT IS AGREED UPON. THE FUNDS ARE THEN DEPOSITED IN AN ACCOUNT TO WHICH ONLY THE FIELD MISSIONARY HAS ACCESS. ANY FUNDS SPENT ARE REQUIRED TO BE SUBSTANTIATED WITH RECEIPTS WHICH ARE FORWARDED TO THE FUNDAMENTAL BAPTIST HOME MISSIONS. THE RECEIPTS ARE THEN COMPARED TO THE GRANT AMOUNTS, AND ALL RECORDS ARE MAINTAINED BY THE ORGANIZATION. PART III ACCOUNTING METHOD: 1 STARTING CHURCHES 31 1038933 PART I, LINE 2: THE FIELD MISSIONARIES REQUEST GRANTS, VIA E-MAIL, FROM THE FUNDAMENTAL BAPTIST HOME MISSIONS. THE REQUEST IS REVIEWED AND AN AMOUNT IS AGREED UPON. THE FUNDS ARE THEN DEPOSITED IN AN ACCOUNT TO WHICH ONLY THE FIELD MISSIONARY HAS ACCESS. ANY FUNDS SPENT ARE REQUIRED TO BE SUBSTANTIATED WITH RECEIPTS WHICH ARE FORWARDED TO THE FUNDAMENTAL BAPTIST HOME MISSIONS. THE RECEIPTS ARE THEN COMPARED TO THE GRANT AMOUNTS, AND ALL RECORDS ARE MAINTAINED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD OFFICERS. AFTER THEIR REVIEW, A COPY OF THE 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN THE EVENT THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST, SUCH MEMBER SHALL DISCLOSE THE CONFLICT TO THE OTHER MEMBERS OF THE BOARD. IN ADDITION, HE/SHE SHALL RECUSE HIMSELF/HERSELF FROM ANY DISCUSSIONS AND VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 NONE OF THE BOARD MEMBERS ARE PAID. THE PEOPLE WHO WORK 40 HOURS A WEEK ARE PAID FROM THEIR RESPECTIVE CHURCHES. THIS INFORMATION IS FOUND ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS AND OTHER RECORDS ARE KEPT AT THE ORGANIZATION'S OFFICE AND ARE AVAILABLE UPON REQUEST.