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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Religious & Spiritual The Church Initiative Inc

The Church Initiative Inc

Fiscal year ending 2024. Filed on September 20, 2025.

250 S Allen Rd
Wake Forest, North Carolina 27587

The Church Initiative Inc (EIN: 56-1889818) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, The Church Initiative Inc, a 501(c)(3) charitable organization, reported compensation for 5 out of 49 total employees. Among the employees shown here, the average compensation is $171,229. The highest compensated employee at The Church Initiative Inc is Richard W Ragland with fiscal year 2024 compensation of $216,917.

Revenue, expenses, and employee compensation

Revenue

$7,225,340

Expenses

$6,091,873

Employee compensation

$3,473,410
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard W Ragland
Senior Vice President
$216,917
$189,648 No related comp$27,269
Samuel J Hodges
President
$214,449
$141,459 No related comp$72,990
Jenna Bonner
Vice President Customer Success
$150,485
$125,404 No related comp$25,081
Joel Hopkins
Vice President, Marketing
$145,048
$117,375 No related comp$27,673
Joshua MacFarlane
Vice President Product Data Tec
$129,245
$115,839 No related comp$13,406

Benchmark Employee Compensation

Non-Employee Board Members

Stephen D Grissom
Chief Executive Officer
$41,987
$36,000 No related comp$5,987
Cheryl A Grissom
Vice President
$14,600
$10,608 No related comp$3,992
William B Dunn
Director
No compensation reported
Kim Faucette
Director
No compensation reported
Dwayne McKinney
Director
No compensation reported
Robert S Stancil
Director
No compensation reported
Brian Keel
Director
No compensation reported
Joe Humphries
Director
No compensation reported

Contractors

Kelly Networking Services
$208,914

Mission Statement

We equip churches to offer Christ-centered support groups (DivorceCare & GriefShare) for people grieving the death of a loved one or suffering from a broken marriage.

Revisions to this organization profile

September 20, 2025:
2024 The Church Initiative Inc 990 filed
May 14, 2024:
2023 The Church Initiative Inc 990 filed
May 15, 2023:
2022 The Church Initiative Inc 990 filed

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