2024-11-15T10:10:35-06:00 2023-12-31 371374346 MANAGED TAX SERVICES LLC 2501 GALEN DRIVE CHAMPAIGN IL 61821 990 2023-01-01 320074485 SALT AND LIGHT NFP SALT 2173555654 1512 W ANTHONY DRIVE CHAMPAIGN IL 618211148 NATHAN MONTGOMERY EXECUTIVE DIRECTOR 2173555654 2024-11-15 1 1 DAE W KANG EA P01367554 2173568363 2024-11-15 2023 2024-10-15 13:58:12Z NATHAN MONTGOMERY 1512 W ANTHONY DRIVE CHAMPAIGN IL 618211148 3326820 0 X HTTPS://SALTANDLIGHTMINISTRY.ORG/ X 2003 IL SHARING THE LOVE OF GOD BY PROVIDING OPPORTUNITIES FOR THOSE LIVING IN POVERTY TO EQUIP THEMSELVES WITH THE TOOLS THEY NEED TO CREATE LASTING CHANGE IN THEIR LIVES 9 9 89 513 0 0 1035763 455173 2897166 2824971 0 0 22161 46676 3955090 3326820 0 0 0 0 1488797 1634902 0 0 103416 1967756 1721749 3456553 3356651 498537 -29831 2849796 2773699 2739986 2686987 109810 86712 X SHARING THE LOVE OF GOD BY PROVIDING OPPORTUNITIES FOR THOSE LIVING IN POVERTY TO EQUIP THEMSELVES WITH THE TOOLS THEY NEED TO CREATE LASTING CHANGE IN THEIR LIVES 0 0 2876228 2871647 FOOD PANTRY: A MEMBERSHIP-BASED PROGRAM THAT PROVIDES INDIVIDUALS THE OPPORTUNITY TO USE THEIR SKILLS, TALENTS, GIFTS, AND ABILITIES TO PROVIDE FOOD FOR THEMSELVES AND THEIR FAMILIES.THRIFT STORE: THE STORE SERVES FAMILIES AND INDIVIDUALS STRUGGLING WITH CHRONIC FOOD SECURITY ISSUES AS WELL AS OTHER HOUSEHOLD NEEDS. ALL AREAS OF THE STORE ARE OPEN TO THE COMMUNITY. THE VOLUNTEER ASPECT OF THE PROGRAM ALSO CREATES MEANINGFUL EMPLOYMENT AND TRAINING OPPORTUNITIES.EDUCATION: THROUGH THE NINE-WEEK FINANCIAL PEACE UNIVESRITY (FPU), AND THE TWELVE-WEEK FAITH AND FINANCE PROGRAM, THE ORGANIZATION PROVIDES INDIVIDUALS THE OPPORTUNITY TO LEARN TOOLS THAT WILL HELP THEM TO THINK BEYOND THIER SHORT-TERM NEEDS AND PUT THEIR FINANICAL HOUSE IN ORDER. THE TWO COMPREHENSIVE PROGRAMS TEACH HOW TO GET OUT OF DEBT, BUDGET FOR EXPENSES, PLAN FOR EMERGENCIES, AND ESTABLISH A FINANCIAL FUTURE THAT INCLUDES GIVING TO OTHERS IN NEED. THE TWO PROGRAMS ARE ON TWO DIFFERENT LEVELS OF EDUCATION TO ACCOMMODATE ANY NEED. THE COMPUTER LAB PROGRAM IS DESIGNED TO TEACH BASIC COMPUTER SKILLS AND PROVIDE BASIC COMPUTER ACCESS FOR CHILDREN AND ADULTS IN THE COMMUNITIES. JOBS FOR LIFE IS DESIGNED TO PROVIDE TRAINING COURSES FOR ADULTS AND IT INCORPORATES BIBLICAL TRUTHS AND STORIES TO HELP MEN AND WOMEN. 2876228 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 89 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 0 0 IL X SALT AND LIGHT 2173555654 1819 S PHILO RD URBANA IL 61802 LAMAR SCHROCK SECRETARY 4.00 X X 0 0 0 RYAN MAJERES VICE CHAIR 4.00 X X 0 0 0 DREW MARTIN BOARD MEMBER 4.00 X 0 0 0 SKY SANBORN UNTIL MARCH BOARD MEMBER 4.00 X 0 0 0 DAE KANG BOARD MEMBER 4.00 X 0 0 0 DESA PHETCHAREUN TREASURER 4.00 X X 0 0 0 JOSUE PERNILLO BOARD MEMBER 4.00 X 0 0 0 ALISON SMITH CHAIR 4.00 X X 0 0 0 SAM LIMENTATO FROM AUGUST 2023 BOARD MEMBER 4.00 X 0 0 0 PAM LAU UNTIL FEBRUARY 2023 BOARD MEMBER 4.00 X 0 0 0 MARY MCGREW FROM AUGUST 2023 BOARD MEMBER 4.00 X 0 0 0 NATHAN MONTGOMERY EXECUTIVE DIRECTOR 45.00 X 81139 0 0 MIKE JENKINS DIRECTOR OF RETAIL OPERATIONS 45.00 X 65000 0 0 LISA SHELTRA DIRECTOR OF COMMUNITY ENGAGEMENT 45.00 X 66139 0 0 LISA SULLIVAN DIRECTOR OF MARKETING AND COMMUNICATIONS 45.00 X 43308 0 0 AUREA GARVIN DIRECTOR OF PEOPLE AND CULTURE 45.00 X 43955 0 0 299541 0 0 0 0 0 0 0 455173 475 455173 RETAIL SALES 445100 2466472 2466472 SALVAGE REVENUE 459510 358499 358499 2824971 MISCELLANEOUS 900099 46676 46676 46676 3326820 2871647 0 0 70000 10500 35001 24499 1333565 1188635 114744 30186 115268 98557 12254 4457 116069 99241 12340 4488 67622 67622 11285 9648 1201 436 48948 41852 5204 1892 361965 309488 38481 13996 29128 24905 3097 1126 101121 86461 10750 3910 60409 51651 6422 2336 33017 28231 3510 1276 COST OF GOODS SOLD 723379 723379 REPAIRS & MAINTENANCE 89956 76915 9563 3478 REAL ESTATE TAXES 47788 40860 5080 1848 FIXTURES & EQUIPMENT 29678 25375 3155 1148 117453 60530 48583 8340 3356651 2876228 377007 103416 274599 192708 22633 59378 232828 241338 27634 27259 2601218 348202 2292036 2253016 66 2849796 2773699 385399 459992 2354587 2226995 2739986 2686987 X 109810 86712 109810 86712 2849796 2773699 -29831 6733 0 X 0 0 0 X 701763 690019 487008 1035763 455173 3369726 701763 690019 487008 1035763 455173 3369726 3369726 27 3 30 18 17816 7636 22161 46676 94307 3464063 0.97280 0.98500 X 0.98500 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 564732 564732 1681484 62563 1618921 71959 68046 3913 283043 217593 65450 2253016 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 IS EMAILED TO THE BOARD OF DIRECTORS FOR ANY QUESTIONS AND/OR CHANGES. IF NONE, THE RETURN IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12 SALT AND LIGHT NFP HAS A CONFLICT OF INTEREST POLICY IN PLACE. EACH YEAR THE EMPLOYEES AND BOARD MEMBERS COMPLETE FORMS DISCLOSING WHETHER THEY HAVE ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY AN INDEPENDENT GOVERNING BODY. THE BOARD USES THE EVANGELICAL COUNCIL FOR FINANCIAL ACCOUNTABILITY TO DETERMINE WHAT THE BROAD INDUSTRY AVERAGE IS. ALONG WITH THAT, THE BOARD ALSO TAKES INTO CONSIDERATION THE SIZE OF THE ORGNIZATION, YEARS OF SERVICE, MINISTRY PERFORMANCE AND RESPONSIBILITIES WHEN DETERMINING HIS COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 SALT AND LIGHT NFP MAKES ITS FORM 1023 AND 990S AVAILABLE TO THE PUBLIC DURING THE TAX YEAR VIA REQUEST. FORM 990, PART VI, SECTION C, LINE 19 SALT AND LIGHT NFP HAS MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ALL FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR VIA REQUEST.