Church Financing Executive Helps Raise $15,000 for Teen Challenge New Jersey

    RINGOES, NJ, June 28, 2009 /24-7PressRelease/ -- Dave Dallenbach of New Jersey Financial Services (NJFS), a nationwide church financing company, co-chaired the 2nd Annual Teen Challenge Golf Outing in Ringoes on June 15. The Outing raised $15,000 for NJ Teen Challenge, which offers successful addiction recovery programs to the needy throughout the state.

"It was exciting to see the business community join with local pastors to support NJ Teen Challenge, which is committed to helping individuals break life-long addictions to drugs and alcohol," says Dallenbach, Senior Loan Officer at NJFS (www.njfinancialservices.org).

Dallenbach co-chaired the golf outing with Nick Mastrobuono, Executive Director of NJ Teen Challenge, located in Newark. To raise money for the charity, 86 golfers played at the Copperhill Country Club in Ringoes, NJ.

"We couldn't have had such a great turnout without Dave's help," says Mastrobuono. "We're a non-profit organization, so we're grateful for help from the community to keep us going during these difficult economic times."
"While NJFS is a leader in church financing, we are also committed to helping community service organizations such as Teen Challenge," says Dallenbach.

According to the 2002 National Survey on Drug Use, an estimated 7.7 million individuals age 12 or older were in need of care for an illicit drug problem. Furthermore, an estimated 18.6 million persons age 12 or older were in need of assistance for an alcohol problem. Teen Challenge has responded with action to statistics like these. Providing residential and non-residential care for thousands of men and women seeking freedom from life-controlling problems, Teen Challenge has become their answer.

The chief loan officer at NJFS, Dave Dallenbach was a successful Wall Street executive for more than 3 and 1/2 years with Merrill Lynch before joining NJFS in 1998. With 21 years of experience in direct church lending, Dallenbach is a recognized expert in the field of large capital real estate related construction for non-profit ministries.

NJFS offers a number of services to churches and ministries, including church refinancing. This is an option for churches that want to lower their interest rates. For those churches needing to add on to their facility, construct a new building or acquire property, NJFS also offers church construction loans, church financing and loans to purchase a new building or property.

For a free conference call to discuss lending opportunities, contact Dave Dallenbach at 888-878-0929. To learn more about NJFS or for tips on budgeting for a project or how to find the best architect, engineer and contractor, visit their website at www.njfinancialservices.org.

For more information on this press release, contact:

Diana Lipps
No Boundaries Christian Media
1-800-905-9141, ext. 100
[email protected]

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