Financial

Financial Integrity

Our accounting records are streamlined by two independent teams, SimplifyChurch and Churchshield. Our partnership with these teams allow us the freedom to focus on the more important matters of ministry while maintaining the highest level of accountability and low administrative costs. These teams manage every contribution (cash and non-cash), disbursement, payroll, quarterly filings, account reconciliation, financial statements and distribution of contribution records.

Our records are conducted in accordance with generally accepted accounting principles and include proper disclosures of financial statements to the core team on a regular basis.  These financial statements include statement of activities (income statement), statement of financial position (balance sheet), statement of cash flow and check disbursements.  Our goal is to become a member of the Evangelical Council for Financial Accountability. It is the highest accreditation agency dedicated to helping Christian ministries earn the public’s trust through adherence to seven standardsSimplifyChurch   ChurchShield

Tax Exemption

Crossroad Community, Inc is a legally qualified section 501(c)(3) organization, tax number 45-1638010. Contributions are deductible under section 170 of the Internal Revenue Code. This qualified organization may receive tax deductible bequests, devises, transfers and/or gifts under section 2055, 2106 or 2522 of the Internal Revenue Code. For those who require a copy of our “letter of determination” for your records, you may find it here.   Determination Letter

Corporation 

Crossroad Community, Inc. is a legally qualified corporation in the state of Pennsylvania, entity number 4028792. This corporation was approved by the Pennsylvania Department of State in 2011.   Articles of Incorporation

Legal

Each year an internal audit is conducted to ensure legal compliance. We partnered with an independent team of legal experts on church law to establish the initial corporation. In 2016, the same team conducted an independent review of the corporation and implemented revisions. Today’s laws are continuously changing at an ever-increasing rate, and our partnership with a qualified team strengthens the integrity of this corporation.

 

 

 

 

 

 

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