Overview
What is Ocean State Charities Trust?
Ocean State Charities Trust is a charitable trust situated in Johnston, Rhode Island. With a small team of only two employees, they dedicate their efforts to promoting social welfare within the state. They achieve this by granting funds to public charities operating within Rhode Island. These charities primarily focus on providing assistance to the state's citizens, particularly those whose missions revolve around housing, health, education, and welfare. The trust's aim is to support these charitable organizations in their mission to better the lives of Rhode Island residents.
Official website here: www.osct.org
Is Ocean State Charities Trust legitimate?
Ocean State Charities Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean State Charities Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $77,705
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,587
For more financial information, click here
Official website here: www.osct.org
What is the mission statement of Ocean State Charities Trust?
Ocean State Charities Trust, functioning as a charitable trust, is dedicated to promoting social welfare within the state of Rhode Island. They achieve this by granting funds to public charities, specifically those that offer assistance to the citizens of Rhode Island. The primary focus of these charities lies in promoting or supporting housing, health, education, and welfare within the state. By providing financial aid to these organizations, Ocean State Charities Trust contributes to improving the overall well-being of the community, with a particular emphasis on those in need.
Official website here: www.osct.org
Who is the CEO of Ocean State Charities Trust?
Jane Lynch is the Executive Director of Ocean State Charities Trust.
Official website here: www.osct.org
What is the revenue of Ocean State Charities Trust?
Ocean State Charities Trust's revenue in 2023 was $539,797.
Official website here: www.osct.org
Who are the executives of Ocean State Charities Trust and what are their salaries?
The average compensation at Ocean State Charities Trust during 2023 was $63,646. There are 2 employees at Ocean State Charities Trust.
Here are 6 key members and their salaries:
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Official website here: www.osct.org
Where can I find the form 990 for Ocean State Charities Trust?
Ocean State Charities Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.osct.org
Learn more at the official website: www.osct.org
Mission Statement of Ocean State Charities Trust
Ocean State Charities Trust, as a charitable trust, is dedicated to promoting social welfare within the state of Rhode Island. Its mission is to achieve this by providing grants to public charities operating within the state. These charities focus on providing assistance to Rhode Island's citizens, particularly those whose purposes are centered around promoting or supporting housing, health, education, and welfare. By doing so, Ocean State Charities Trust plays a crucial role in contributing to the well-being of the community, ensuring that various sectors of society receive the necessary support they require.
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Impact
October, 2024
Ocean State Charities Trust significantly enhances social welfare in Rhode Island by providing essential grants to public charities that serve the community's needs. By focusing on areas such as housing, health, education, and general welfare, it supports initiatives that directly impact the lives of Rhode Islanders. The trust's strategic funding enables these charities to reach more citizens, ensuring that crucial resources and services are available to those in need. Its commitment to promoting social welfare fosters a more resilient and equitable community, addressing pressing issues and improving the quality of life throughout the state.
This information is meant to be a general summary of Ocean State Charities Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $417,847
- Gross Receipts: $2,852,960
Assets and Liabilities:
- Total Assets: $5,220,158
- Total Liabilities: $66,090
- Net Assets: $5,154,068
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Organization Details
Founding Year
1981
Phone
(401) 728-9008Principal Officer
Jane Lynch
Main Address
ONE CITIZENS BANK WAY, JOHNSTON, RI, 02919
Website
www.osct.orgNTEE Category
Code: T11 - Philanthropy
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