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1/18 LONG THREAD: Harvest Bible Chapel Niles' Financial History is interesting …and also something that Greg Bradshaw, Mo Zachariah, Al Miranda, & Brian Laird didn’t talk about in their May 30 video OR in the 5/30/19 Niles family meeting. Let’s take a look…
2/ On 5/11/04, Harvest Bible Chapel of Niles was formed as an IL NFP corp. 1 mo. later, Crossway Baptist Church (w/prior name Belden Regular Baptist Church still on 7333 N. Caldwell deed in '04) transferred property to that newly-formed corporation. CBC was dissolved Oct '04 2/
3/ On Jan. 21, 2005, HBC of Niles took out a 2-year, $6.6M interest-only loan that was signed by then-HBC1 EB Chair D. Corning & Exec Pastor of Business Operations Daryl Rice. It was paid two years later. However…
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