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American Church Mortgage Company
10400 Yellow Circle Drive
Suite 102
Phone: (612) 945-9455p:612 945-9455 Minnetonka, MN  55343  United States
This company ceased filing statements with the SEC on 8/2/2022.
On 7/20/2022, American Church Mortgage Company filed a Notice of Intent to Dissolve with the Minnesota Secretary of State.
On 8/2/2022, the Company filed a Form 15 with the Securities and Exchange Commission, terminating the registration of the Company's common stock, par value $0.01 per share.
On 8/9/2022, the Company approved the payment of an initial liquidating distribution to the Company's shareholders of record on 8/20/2022 with the initial liquidating distribution paid on 8/30/2022.
This company is no longer actively traded on any major stock exchange.
Business Summary
American Church Mortgage Company is a real estate investment trust (REIT). The Company is engaged in the business of making mortgage loans to churches and other non-profit religious organizations throughout the United States. The principal amount of loans it offers ranges from approximately $100,000 to $2,000,000. It has made approximately 201 loans to 171 churches. Out of the 201 loans it has made, 137 loans have been repaid early by the borrowing churches. The Company also own approximately $18,093,000 principal amount of Church Bonds. It offers a range of loan types, which include 25/30-year term, 20-year term, three-year renewable term and construction one year term. The Company’s business operations are managed by Church Loan Advisors, Inc. (the Advisor), which provides investment advisory.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202212/31/2021YesYes---

Industries
SIC Code Description
6162 Mortgage bankers and loan correspondents
6798 Real estate investment trusts

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Secretary Philip J.Myers 65 4/1/2001 4/1/2001
Chief Financial Officer, Treasurer Scott J.Marquis 63 11/2/2009 11/2/2009
Independent Director Michael G.Holmquist 71 1/1/2003 1/1/2003

Business Names
Business Name
ACMC
AMERICAN CHURCH MORTGAGE CO
American Church Mortgage Co.

General Information
Outstanding Shares: 1,676,598 (As of 8/15/2022)
Shareholders: 664
Stock Exchange: OTC
Federal Tax Id: 411793975


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Friday, November 22, 2024