Public Charity

PROFESSIONAL AND BUSINESS ASSOCIATION

Based in COLLEGEDALE, TN, PROFESSIONAL AND BUSINESS ASSOCIATION operates as a Public Charity. The organization reported $1.0M in revenue, $826K in expenses, $20.4M in total assets for fiscal year 2024. Imperigo tracks 7 reported grants from this foundation totaling approximately $605K.

EIN: 626081777 COLLEGEDALE, TN Latest filing: 2024
Total Revenue$1.0M
Total Expenses$826K
Total Assets$20.4M
Grants Given7
Grant Total$605K
Filing Years2019–2024

Mission

TO PROVIDE CAPITAL IN THE FORM OF LOANS AT REASONABLE RATES TO CHURCHES AND CHURCH SCHOOLS FOR THE PURPOSE OF NEW AND REPLACEMENT CONSTRUCTION. CAPITAL IS ACCUMULATED THROUGH LOANS MADE TO THE ORGANIZATION BY MEMBERS AND OTHERS. THE ORGANIZATION ALSO MAKES OCCASIONAL DIRECT GRANTS TO THE LOCAL CONFERENCE OF CHURCHES TO ASSIST IN DEVELOPMENT.

Sample Grants Given

GEORGIA-CUMBERLAND CONFERENCE OF SEVENTH-DAY ADVENTIST
CALHOUN, GA · 2024
EXEMPT PURPOSE
$90,000
GEORGIA-CUMBERLAND CONFERENCE OF SEVENTH-DAY ADVENTIST
CALHOUN, GA · 2023
EXEMPT PURPOSE
$90,000
GEORGIA-CUMBERLAND CONFERENCE OF SEVENTH-DAY ADVENTIST
CALHOUN, GA · 2022
EXEMPT PURPOSE
$85,000
GA-CUMBERLAND CONFERENCE OF SDA
CALHOUN, GA · 2020
EXEMPT PURPOSE
$85,000
GA-Cumberland Conference of SDA
Calhoun, GA · 2019
Exempt Purpose
$85,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Barry Patterson
BOARD MEMBER Charles Young
VICE-PRESIDENT Ed Rusk
BOARD MEMBER Fred Knopper
SECRETARY Karen Mccolpin
BOARD MEMBER Lester Haag

Officer compensation and complete director data available with membership.

Top Grant Purposes

EXEMPT PURPOSE
$350,000 4 grants
Exempt Purpose
$255,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.0M $826K $20.4M
2023 $712K $585K $19.9M
2022 $478K $397K $16.8M
2020 $522K $421K $17.6M
2019 $463K $384K $16.7M

Between 2019 and 2024, reported annual revenue grew from $463K to $1.0M (+121%), with total assets most recently reported at $20.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in GA.

GA

Full geographic grant map with state-by-state breakdown available with membership.

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