2024-04-29T12:02:24+00:00 2023-06-30 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2022-07-01 311782614 Believers Stewardship Services Inc BELI 5635824818 2250 Chaney Road Dubuque IA 52001 Robert C Sullivan President & CEO 5635824818 2024-04-29 true Robert Sullivan 999009999 Shannon Maynard P01585823 5055022746 2022 2023-04-26 12:10:37Z Legacy Ministry Services Robert C Sullivan 2250 Chaney Road Dubuque IA 52001 15636264 false X www.believerstewardship.org X 2001 IN Assisting Christian believers to glorify God through biblical stewardship 6 5 8 5 0 0 4429019 9859946 2765 0 913727 1762149 57125 95489 5402636 11717584 4694043 3420842 0 0 654563 586537 0 0 25327 208885 453953 5557491 4461332 -154855 7256252 15426767 22648425 4045633 3999237 11381134 18649188 The ministry is designed to glorify God in fulfilling biblical stewardship by assisting Christians to accomplish their financial & estate planning goals & by supporting local New Testament churches & associated ministries with financial and governance related matters. 3947825 3420842 Rendering donor advised fund and other fund management services to individuals, trusts/estates, and active or dissolved churches/ministries, providing churches and other ministries with corporate governance, and assisting churches with asset dissolution during the year. 3156 33126 Rendering or paying other vendors to render tax preparation services to individuals (including missionaries, and ministers of the gospel), trusts and estates, and a few charitable organizations. Rendering estate planning services (e.g., assistance in the preparation of wills, revocable living trusts, powers of attorney, estate and trust tax returns) and planned giving (e.g., administration of charitable gift annuities and charitable remainder trusts) to clients as well as other ministries' clients during the fiscal year, benefiting many charities besides BSS. Providing donor education through seminars in areas of estate planning and planned giving. There were no expenses associated with this program during the fiscal year, but it remains an active program of the organization. 3950981 true true false false true false false false true true true true false true false true false false false true true false false false false false true false false false false false false false false false false true false false false false true true false false false true X 40 0 true 8 true false false false false false false false false false false false false false false false X 6 5 false false false false false false false true true false false true true true true true true true true false CA CO CT FL GA AL HI IL KS KY LA ME AK MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA AZ RI SC TN TX UT VA AR WA WV WI X Glen Deligdisch 5635824818 2250 Chaney Rd Dubuque IA 52001 Mark Keller Risk Officer 1.0 X X 0 0 0 Robert Sullivan President & CEO 40.0 X X 108250 0 18408 Samuel Thorpe Jr Vice Chairman 0.2 X X 0 0 0 Walkter Skip Elliott Treasurer 1.0 X X 0 0 0 William Coyle Chairman & Assistant Secretary 2.0 X X 0 0 0 Paul Bonner Director 0.2 X 0 0 0 108250 0 18408 1 false false false 0 9859946 1831438 9859946 0 0 0 0 0 406671 406671 22974 22974 39389 39389 0 39389 39389 4495358 778800 3082480 836200 1412878 -57400 1355478 1355478 33126 33126 0 0 33126 11717584 33126 0 1824512 3365627 3365627 55215 55215 133588 51687 81842 59 305461 118188 187139 134 70766 27381 43354 31 42890 16595 26276 19 33832 11187 19867 2778 73084 54225 18859 36761 27275 9486 37473 27803 9670 0 4380 4380 9898 2602 5019 2277 27442 6797 11131 9514 37191 31041 1816 4334 624 624 700 700 14591 5107 8171 1313 7000 7000 204809 149551 54770 488 4461332 3950981 485024 25327 42468 1436711 857822 5847 3720 0 0 24334 18194 1125897 76002 1250250 1049895 8630859 12954813 334898 3876551 3701400 3887430 0 0 15426767 22648425 36266 20675 496254 495644 0 20000 20000 3493113 3462918 4045633 3999237 11156374 18428357 224760 220831 11381134 18649188 15426767 22648425 X 7256252 10937 865 X false true X true false X 4081589 2606705 3122157 4429019 9859946 24099416 0 0 4081589 2606705 3122157 4429019 9859946 24099416 2901723 21197693 331143 323443 348353 447661 469034 1919634 0 0 0 0 0 33126 33126 26052176 428305 0.8137 0.6729 X Schedule A, Part II, Line 1 Unusual grant received in 2018-2019 (same trust as 2012-2013's): $474,599 Unusual grant received in 2022-2023 (same trust as 2012-2013's): $30,503 Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISC. INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 33126.0, COLUMN F - 33126.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87 9786870 3146135 14247654 true true 75000 75000 75000 75000 75000 75000 75000 75000 3361731 3286731 75000 0.0 1.0 0.0 false false 288000 288000 740000 740000 38873 28086 10787 59024 47916 11108 1049895 Mineral Rights 135000 U.S. Treasury Notes 3741551 3876551 Charitable Trust & Agency 3813244 F Note Receivable - EBC Loan 74186 C 3887430 Charitable Trust Obligations and agency funds 2871556 Annuity Obligations Liability under charitable remainder trusts 591362 3462918 11747386 10937 18000 865 29802 11717584 0 0 11717584 4479332 18000 0 18000 4461332 0 0 4461332 Schedule D, Part V, Line 4 Intended uses of endowment funds The $75,000 is to be held in perpetuity with any earnings benefiting the organization. The funds are pooled with other operational reserves and therefore earnings are not separately identified for the permanently restricted endowment fund. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Actuarial gain - 865 true Europe (Including Iceland and Greenland) 0 0 Grants to Recipients 20900 Sub-Saharan Africa 0 0 Grants to Recipients 19440 North America (Canada & Mexico only) 0 0 Grants to Recipients 15250 0 0 0 0 0 0 55590 0 55590 Sub-Saharan Africa General Support 19065 Wire transfer Europe (Including Iceland and Greenland) General Support 17900 Wire transfer North America (Canada & Mexico only) General Support 10000 Wire transfer North America (Canada & Mexico only) General Support 5250 Wire transfer Europe (Including Iceland and Greenland) General Support 3000 Wire transfer 5 0 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds BSS distributes funds to foreign organizations upon the suggestion of trusted donors. BSS confirms the recipient organization's nonprofit status in its respective country before initial transfer of funds. Nonprofit status is further confirmed annually. Since BSS sends donations for general support with suggested use, it usually only requires general accounting for the amounts given. Additionally, BSS adjusts its monitoring procedures based on the perceived risk. For the Canadian organizations, BSS merely confirms the organizations are still registered charities. For the European organizations, an initial affidavit or monthly general accounting and annual financial statements are also required. For the African organization, internal accountings are also reviewed. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SUB-SAHARAN AFRICA-Accrual true Boulevard Bible Chapel 8201 SW 27th Place Davie FL 33328 770713790 501(c)(3) 651000 0 N/A N/A General Support Christian Missions in Many Lands Inc PO Box 13 Spring Lake NJ 07762 132688413 501(c)(3) 599898 0 N/A N/A General Support Generations Church Inc 949 Nancy Rd Waterloo IA 50701 862210136 501(c)(3) 496718 0 N/A N/A General Support Christian Workers Fellowship Fund Inc PO Box 12347 Kansas City KS 66112 426073219 501(c)(3) 325940 0 N/A N/A General Support Immanuel Mission Carrizo Christian Academy Teec Nos Pos AZ 865142000 860178476 501(c)(3) 117900 0 N/A N/A General Support Camp Horizon 7369 Sunnyside Drive Leesburg FL 34748 237150336 501(c)(3) 115617 0 N/A N/A General Support Portico Inc 726 S Church Street Murfreesboro TN 37130 621262109 501(c)(3) 91200 0 N/A N/A General Support Believers Gospel Chapel - GA PO Box 5866 Augusta GA 309165866 237289811 501(c)(3) 82430 0 N/A N/A General Support School Ministries Inc 101 Rice Bent Way 6 Columbia SC 29229 570942086 501(c)(3) 72750 0 N/A N/A General Support Pittsboro Christian Village 1825 East Street Pittsboro NC 27312 560797911 501(c)(3) 60347 0 N/A N/A General Support Stewards Foundation 1420 W Mockinbird Lane Dallas TX 75247 362125679 501(c)(3) 48147 0 N/A N/A General Support Emmaus Bible College 2570 Asbury Road Dubuque IA 52002 362270695 501(c)(3) 42400 0 N/A N/A General Support Gospel Missions of India Inc PO Box 1043 Warren MI 54490 382517938 501(c)(3) 42300 0 N/A N/A General Support Fort Lauderdale Hope Bible Chapel 141 NW 38th Street Fort Lauderdale FL 33309 237375996 501(c)(3) 40500 0 N/A N/A General Support Truth and Tidings Gospel Trust USA 37177 White Tail Ct Farmington Hills MI 48335 382559707 501(c)(3) 40000 0 N/A N/A General Support Bethany Bible Chapel 4507 Rownd Street Cedar Falls IA 50613 426058604 501(c)(3) 35604 0 N/A N/A General Support Emmaus Worldwide PO Box 1028 Dubuque IA 52004 010555559 501(c)(3) 32100 0 N/A N/A General Support Mountain Top Youth Camp 1460 Mackay Lane Pinnacle NC 27043 566061681 501(c)(3) 29925 0 N/A N/A General Support Believers' Chapel 1820 South Rutherford Boulevard Murfreesboro TN 37130 621137341 501(c)(3) 27000 0 N/A N/A General Support Far East Broadcasting Company 15700 Imperial Hwy La Mirada CA 90638 951461574 501(c)(3) 26500 0 N/A N/A General Support Moody Bible Institute Attn Stewardship Department Chicago IL 60610 362167792 501(c)(3) 25000 0 N/A N/A General Support Arbor Oaks Bible Chapel 2843 JFK Road Dubuque IA 52002 421231207 501(c)(3) 24825 0 N/A N/A General Support New Heights Chapel 2650 Street Andrews Drive Murfreesboro TN 37128 626072883 501(c)(3) 22200 0 N/A N/A General Support Horton Haven Christian Camp PO Box 276 Chapel Hill TN 37034 237445262 501(c)(3) 21500 0 N/A N/A General Support North Boulevard Church of Christ 1112 N Rutherford Blvd Murfreesboro TN 37130 626011027 501(c)(3) 21100 0 N/A N/A General Support Maplewood Bible Chapel c/o Roy Areeckal Treasurer Bergenfield NJ 07621 132688413 501(c)(3) 20000 0 N/A N/A General Support Crossroads Christian Youth Center 49W294 US Hwy 30 Big Rock IL 60511 362767413 501(c)(3) 17750 0 N/A N/A General Support Voice of Christ Media Ministries PO Box 7145 Beaverton OR 97007 330078914 501(c)(3) 17362 0 N/A N/A General Support Village Church 574 Rimer Pond Road Blythewood SC 29016 571130583 501(c)(3) 16400 0 N/A N/A General Support Cru PO Box 628222 Orlando FL 328628222 956006173 501(c)(3) 16100 0 N/A N/A General Support Wauwatosa Bible Chapel 2200 N 67th St Wauwatosa WI 53213 237199376 501(c)(3) 16050 0 N/A N/A General Support Wycliffe Bible Translators Inc PO Box 628200 Orlando FL 32771 396024926 501(c)(3) 14300 0 N/A N/A General Support Greenwood Hills Bible Conference 7062 Lincoln Way East Fayetteville PA 17222 237448597 501(c)(3) 14000 0 N/A N/A General Support Samaritan's Purse PO Box 3000 Boone NC 286073000 581437002 501(c)(3) 13300 0 N/A N/A General Support ECS Ministries of Georgia Inc PO Box 12454 Augusta GA 309142454 262752391 501(c)(3) 13000 0 N/A N/A General Support Woodside Bible Chapel c/o T Wilson 6817 Lyons St Morton Grove IL 60053 237198170 501(c)(3) 12000 0 N/A N/A General Support Navigators PO Box 6079 Albert Lea MN 560076679 846007896 501(c)(3) 11300 0 N/A N/A General Support Mountain Ridge Bible Chapel 763 Mountain Avenue Berkeley Heights NJ 07922 226080739 501(c)(3) 11100 0 N/A N/A General Support HBI Global Partners PO Box 3037 Broken Arrow OK 74013 951996703 501(c)(3) 11000 0 N/A N/A General Support D James Kennedy Ministries PO Box 11184 Fort Lauderdale FL 33339 650496702 501(c)(3) 10000 0 N/A N/A General Support Ecuadorian Harvest Ministries c/o J Stewart 20005 NE Redmond Rd Redmond WA 98053 911659508 501(c)(3) 10000 0 N/A N/A General Support His Camps Inc 2341 Camp Road Hallstead PA 18822 232924581 501(c)(3) 10000 0 N/A N/A General Support Northgate Gospel Chapel 23442 23rd Avenue S Des Moines WA 98198 237287239 501(c)(3) 10000 0 N/A N/A General Support Seattle's Union Gospel Mission PO Box 202 Seattle WA 98053 911659508 501(c)(3) 10000 0 N/A N/A General Support Allow the Children 20883 Timberlake Road Lynchburg VA 24502 582673475 501(c)(3) 9940 0 N/A N/A General Support Bible Truth Chapel 13410 Archer Road Gainesville FL 32618 592370757 501(c)(3) 8769 0 N/A N/A General Support Mission Aviation Fellowship PO Box 47 Nampa ID 83653 951920983 501(c)(3) 8525 0 N/A N/A General Support Voice of the Martyrs PO Box 443 Bartlesville OK 74005 731395057 501(c)(3) 8500 0 N/A N/A General Support Independent Faith Mission PO Box 7791 Greensboro NC 27417 251302920 501(c)(3) 8000 0 N/A N/A General Support Forest Springs N8890 Forest Lane Westboro MI 54490 391696475 501(c)(3) 7800 0 N/A N/A General Support Trinity Bible Church PO Box 76 Beverly MA 01915 043253656 501(c)(3) 7000 0 N/A N/A General Support Pioneers 10123 William Carey Drive Orlando FL 32832 521206938 501(c)(3) 6900 0 N/A N/A General Support Plano Bible Chapel 1900 Shiloh Road Plano TX 75074 751802873 501(c)(3) 6500 0 N/A N/A General Support Rock International PO Box 4766 Greenville SC 29608 208352757 501(c)(3) 6500 0 N/A N/A General Support American Center for Law & Justice PO Box 90555 Washington DC 200900555 541586817 501(c)(3) 6000 0 N/A N/A General Support Reach India International PO Box 681385 Franklin TN 37068 232970834 501(c)(3) 6000 0 N/A N/A General Support Youth Alive 8071 Mineral Road Viola CA 96088 943182080 501(c)(3) 6000 0 N/A N/A General Support Steubenville Gospel Hall c/o Earl H Trikones Steubenville OH 43952 346597483 501(c)(3) 5704 0 N/A N/A General Support Calvary Chapel SE Portland 13520 SE Pheasant Court Milwaukie OR 97222 931081040 501(c)(3) 5520 0 N/A N/A General Support South River Bible Church c/o R Rogers Hardwood MD 20776 521033737 501(c)(3) 5025 0 N/A N/A General Support Camp Berea 68 Berea Road Hebron NH 03241 222736224 501(c)(3) 5000 0 N/A N/A General Support Crossway Chapel International 115 Oak Street North Aurora IL 60542 270720544 501(c)(3) 5000 0 N/A N/A General Support Greater Baltimore Jail & Prison Ministry 2004 Summit Ave Baltimore MD 21207 521786888 501(c)(3) 5000 0 N/A N/A General Support Kingdom Community Center 700 Center Point Road NE Cedar Rapids IA 52402 843340333 501(c)(3) 5000 0 N/A N/A General Support Mechanicsburg Christian Fellowship 67 Hellam Drive Mechanicsburg PA 17055 462678669 501(c)(3) 5000 0 N/A N/A General Support Messages of God's Love Multilingual 1234 SW 304th St Federal Way WA 98023 956047960 501(c)(3) 5000 0 N/A N/A General Support Mission of Hope PO Box 171500 Auston TX 78717 134207776 501(c)(3) 5000 0 N/A N/A General Support Nashville Gospel Chapel 7305 Sonya Drive Nashville TN 37209 620961865 501(c)(3) 5000 0 N/A N/A General Support Northgate Chapel 3207 Duke Homestead Road Durham NC 27705 561324031 501(c)(3) 5000 0 N/A N/A General Support Three Oaks Bible Chapel 3350 Avondale Mill Road Macon GA 31216 237093531 501(c)(3) 5000 0 N/A N/A General Support Vantage Point 3 2104 S Summit Ave Sioux Falls SD 57105 331054426 501(c)(3) 5000 0 N/A N/A General Support Waynesville Christian Fellowship 1115 Dillowood Road Wayneville NC 28786 237039502 501(c)(3) 5000 0 N/A N/A General Support 72 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Prior to initial disbursement of funds to a domestic organization, BSS obtains each organization's 501(c)(3) letter and confirms the organization's current status in Publication 76 or obtains reasonable support that the organization is a church (170(b)(A)(1)(i). For organizations to which BSS has not granted funds for a prolonged time, BSS reconfirms 501(c)(3) status in Publication 76. In addition, BSS receives news updates on projects and financial reports when requested. Contributions to 501(c)(3)'s are given as unrestricted general support. BSS provides suggestions for use of the contributions, but specifically states that the suggestions are subject to the recipient organization's control. X 18 995238 Market value X 1 836200 Opinions of experts 1 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions The organization uses real estate professionals and other experts to sell real property when contributed to the organization. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - The number of contributions represent the number of contributions received, not the number of items donated. Real estate - Residential - The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part V, Line 2a Believers Stewardship Services, Inc. files a few W-2's and the remaining employees are outsourced from a professional employment organization. Believers Stewardship Services, Inc. reimburses the professional employment organization for the employees' compensation and the reimbursements are reported on 990 Part VII, Section A and 990 Part IX, Lines 5-10. Form 990, Part VI, Line 1a The Executive Committee shall consist of at least three (3) Directors of the Corporation, two of which shall be the Chairman of the Board, as specified in Article 4, section 15, and the President, as specified in Article 6, section 4, respectively, who shall serve as members of the Executive Committee with the right to vote, and one of which shall be appointed by the Board and shall serve at the pleasure of the Board. Subject to the limitations set forth in Section 2 of this Article 5, the Executive Committee shall have and exercise the full authority of the Board of Directors between meetings of the Board. Per Section 2 of Article 5, the Executive Committee may not: (1) adopt a plan for the distribution of the assets of the Corporation, or for dissolution: (2) fill vacancies on the Board or on any committees; (3) elect, appoint or remove any office or Director or member of any committee, or fix the compensation of any member of a committee; (4) adopt, amend or repeal the bylaws of the Articles of Incorporation of the Corporation; (5) adopt a plan of merger or adopt a plan of consolidation with another Corporation, or authorize the sale, lease, exchange or mortgage of all or substantially all of the property or assets of the Corporation; or (6) amend, alter, repeal or take action inconsistent with any resolution or action of the Board when the resolution or action of the Board provides by its terms that it shall not be amended, altered or repealed by action of a committee. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The conflict of interest policy is reviewed at the Annual Meeting. Directors and officers are required to document and disclose any potential conflicts of interest. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Board of Directors established the Executive Compensation Committee, composed of the Chairman, Treasurer, and Risk Officer who review the President's salary and benefits on an annual basis and provide a recommendation for the Board. The Committee reviews comparability data on a periodic basis and documents its deliberations in annual meeting minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees The President, in consultation with the Comptroller, reviews periodic comparability data and sets the salary for all other employees. The Directors approve the salaries upon approval of the budget. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Income - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other Revenue - Total Revenue: 33126, Related or Exempt Function Revenue: 33126, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Actuarial Gain - 865; Charitable Remainder Trust (5) Trust IA Believers Stewardship Services Inc Trust true false false false false false false false false false false false false false false false false false false false