CBMC, Inc.

The information on this page was last updated 5/31/2023. If you see errors or omissions, please email: [email protected]


Summary

Christian Business Men's Connection is a global men's ministry, founded during the Great Depression, that equips business and professional men to lead well, impact their communities and engage The Great Commission. Today, men are experiencing authentic relationships that result in Christ-led businesses and Christ-centered families.


Contact information

Mailing address:
CBMC Inc.
PO Box 8009
Chattanooga, TN 37414-0009

Website: cbmc.com

Phone: (423) 698-4444

Email: [email protected]


Organization details

EIN: 362004402

CEO/President: David Meyers

Chairman: Dirk Block

Board size: 12

Founder: Christian businessmen

Ruling year: 1976

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1979


Purpose

Christian Business Men's Connection is set apart as a unique marketplace ministry through relational one-on-one discipleship. Men are investing in other men, praying for each other, and intentionally engaging their lives to build spiritual reproducers. CBMC values men being actively engaged in their families, work, and communities by providing a network of teams that equip and train them to be on mission, with a purpose.

Our vision is for all Men in our Movement to Experience: The Power of One God, The Value of One Man, The Leverage of One Team Resulting in Spiritual Reproduction among Businessmen throughout the World.


Mission statement

Our mission is to present Jesus Christ as Savior and Lord to business and professional men and to develop Christian business and professional men to carry out the Great Commission.

CBMC exists to point marketplace men to Christ allowing the Gospel to transform them into marketplace ambassadors. Reaching men in the marketplace with the Gospel and equipping them for kingdom impact in their life and work, is now more relevant than ever. As men seek to live lives of significance, CBMC stands ready to share the hope of the Gospel and provide effective tools necessary for spiritual growth.


Statement of faith



Section 1. We believe in the Scripture of the Old and New Testament as verbally inspired by God and inerrant in the original writings, and that they are of supreme and final authority in faith and life.

Section 2. We believe in one God, eternally existing in three persons: Father, Son and Holy Spirit.

Section 3. We believe that Jesus Christ was begotten by the Holy Spirit, and born of the Virgin Mary and is true God and true man.

Section 4. We believe that man was created in the image of God; that he sinned, and thereby incurred not only physical death, but also spiritual death which is separation from God; and that all human beings are born with a sinful nature, and are sinners in thought, word and deed.

Section 5. We believe that the Lord Jesus Christ died for our sins according to the Scriptures, as a representative and substitutionary sacrifice; and that all who believe in Him are justified on the grounds of His shed blood.

Section 6. We believe in the resurrection of the crucified body of our Lord, in His ascension into Heaven and in His present life there for us as High Priest and Advocate.

Section 7. We believe in "That blessed hope", the personal and imminent return of our Lord and Savior, Jesus Christ.

Section 8. We believe that all who receive by faith the Lord Jesus Christ are born again of the Holy Spirit and thereby become children of God. Further, we believe in the eternal security of the believer.

Section 9. We believe in the bodily resurrection of the just and unjust, the everlasting blessedness of the saved, and the everlasting conscious punishment of the lost.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Fellowship Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating671 of 110223 of 31
Fund acquisition rating750 of 110319 of 31
Resource allocation rating594 of 110318 of 31
Asset utilization rating502 of 110219 of 31

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%11%12%7%9%14%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%8%9%6%6%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
86%72%73%80%73%78%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%9%9%7%7%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
14%28%27%20%27%22%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%81%81%73%73%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%90%95%86%96%98%
Program output ratio Program output ratio =
Program services /
Total revenue
74%73%77%63%70%74%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%10%5%14%4%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%13%6%19%7%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%10%10%21%21%14%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.161.091.191.151.611.71
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.433.003.873.103.682.56
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.603.274.623.585.934.39
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.328.655.716.454.045.03
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.120.180.160.250.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.823.252.142.831.522.19
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%8%5%5%7%8%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
80%85%80%82%58%54%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$2,119,741$1,572,640$1,728,910$1,496,498$1,991,021
Receivables, inventories, prepaids$1,048,905$655,805$854,726$255,711$237,139
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,168,646$2,228,445$2,583,636$1,752,209$2,228,160
Long-term investments$5,775,207$6,206,092$5,295,716$4,481,790$3,327,366
Fixed assets$148,279$171,480$114,454$106,550$37,050
Other long-term assets$420,956$28,898$27,756$106,367$107,409
Total long-term assets$6,344,442$6,406,470$5,437,926$4,694,707$3,471,825
Total assets$9,513,088$8,634,915$8,021,562$6,446,916$5,699,985
 
Liabilities20222021202020192018
Payables and accrued expenses$366,510$390,107$400,669$433,546$442,949
Other current liabilities$0$0$0$0$0
Total current liabilities$366,510$390,107$400,669$433,546$442,949
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$398,557$3,649$3,649$3,649$3,649
Total long-term liabilities$398,557$3,649$3,649$3,649$3,649
Total liabilities$765,067$393,756$404,318$437,195$446,598
 
Net assets20222021202020192018
Without donor restrictions$2,057,686$2,289,489$2,720,465$1,941,181$1,150,452
With donor restrictions$6,690,335$5,951,670$4,896,779$4,068,540$4,102,935
Net assets$8,748,021$8,241,159$7,617,244$6,009,721$5,253,387
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$8,234,606$7,871,421$8,573,120$7,925,060$7,768,432
Program service revenue$2,312,910$2,754,823$2,004,823$2,721,156$2,008,268
Membership dues$0$0$0$0$0
Investment income$150,518$167,467$133,155$118,386$125,303
Other revenue$754,054$0$7,650$52,742$27,878
Total other revenue$3,217,482$2,922,290$2,145,628$2,892,284$2,161,449
Total revenue$11,452,088$10,793,711$10,718,748$10,817,344$9,929,881
 
Expenses20222021202020192018
Program services$8,408,282$8,294,838$6,732,312$7,552,660$7,355,611
Management and general$1,043,440$1,040,868$1,897,385$2,141,808$1,358,092
Fundraising$894,284$958,439$612,579$691,490$1,058,267
Total expenses$10,346,006$10,294,145$9,242,276$10,385,958$9,771,970
 
Change in net assets20222021202020192018
Surplus (deficit)$1,106,082$499,566$1,476,472$431,386$157,911
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,106,082$499,566$1,476,472$431,386$157,911

Compensation

NameTitleCompensation
David MeyersPresident$230,418
Donald HoffertField Staff$154,085
Alan SmithField Staff$136,077
Stan BowerArea Director$135,935
Doug GascayCFO$132,403
David BalinskiField Staff$120,108
Philip StoneField Staff$119,724

Compensation data as of: 12/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/31/2023. To update the information below, please email: [email protected]


History

CBMC began in 1930 as Christian Business Men's Committee in the United States in 1930, when a small group of Christian businessmen coordinated a series of pre-Easter prayer rallies. With the Great Depression in its second year, these men saw an urgent need for spiritual revival and took it upon themselves to plan a six-week evangelistic series of meetings at the Garrick Theater, in the Chicago loop area. Public response to the first gathering on January 6, 1931, was overwhelming, as more than 800 packed into the 800-seat facility for all six sessions. As the meetings were drawing to a close, the downtown Chicago business community wanted to continue the gatherings as more and more men were experiencing life change through their newfound relationship with Christ.

Similar groups were soon popping all over the nation: Atlanta, Washington, DC, Orange County, California, and many other large, medium, and small cities began staging their own version of these outreaches. The ministry moved its Support Center from Chicago to Chattanooga in the 1970's. As the years passed, the work spread across the United States to fulfill an insatiable need for a personal relationship with Jesus Christ.

The decade of the 70's also saw the first release of a remarkable tool, known as Operation Timothy. There was a felt need for a discipleship tool to help men ignite their walk with Christ. OT was designed to be used for one-on-one applications where a mentor (whom we call a Paul, sits down with someone wishing to know more (a Timothy) and together they embark upon a transformational journey of exploring Christ's word.

In the 1990's, CBMC officially changed its name to Christian Business Men's Connection, but no matter what the name, there have been tens of thousands of intentional businessmen that have made this ministry thrive. These businessmen embraced two core beliefs: share the gospel with those who don't know the Good News and then go and make disciples: Be intentional about carrying out The Great Commission. (Matthew 28:19).

In the past few years, Operation Timothy has gone digital; likewise Living Proof, a reality-based video series was created to help share the gospel in a natural, caring, and Bible-centered lifestyle now called Living Proof Adventure.


Program accomplishments


Needs

CBMC encourages people to contact them and get involved in a local committee in your state. Contact CBMC for more information or visit their web site at www.cbmc.com