Overview
What is Rosaria Comm In Gaithersburg Inc?
Rosaria Comm In Gaithersburg Inc is a nonprofit organization situated in Derwood, Maryland. Their primary focus is on constructing and managing a group home for individuals with developmental disabilities. This facility aims to provide a supportive environment for these individuals, enabling them to live independently with care and assistance. The organization's mission reflects its commitment to providing a safe and nurturing living space, ensuring that the individuals under its care have access to essential needs and resources.
Official website here: www.facebook.com/rosariacommunities
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Rosaria Community in Gaithersburg Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable score of 82%. This rating is entirely based on the organization's Accountability & Finance metrics, indicating a strong commitment to financial management and transparency. The fiscal year 2023 data reveals that the charity is effectively governed, with 100% of its board members being independent, which supports unbiased decision-making.
The organization demonstrates excellence in various governance practices, earning full points for its conflict of interest policy, material diversion of assets, and the availability of board meeting minutes. Additionally, its program expense ratio stands at an impressive 81.47%, showcasing a strong focus on directing resources towards its mission. However, the charity's liabilities to assets ratio of 160.07% raises concerns about its financial leverage and sustainability, pointing to potential vulnerabilities in its financial health.
Overall, while Rosaria Community in Gaithersburg Inc shows a robust governance framework and effective program spending, the high liabilities compared to assets may warrant closer scrutiny for prospective donors. The organization's transparency in policies and adherence to best practices are significant strengths, contributing to its solid reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Rosaria Comm In Gaithersburg Inc legitimate?
Rosaria Comm In Gaithersburg Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rosaria Comm In Gaithersburg Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,642
For more financial information, click here
Official website here: www.facebook.com/rosariacommunities
What is the mission statement of Rosaria Comm In Gaithersburg Inc?
Rosaria Comm Incorporated, focusing on individuals with developmental disabilities, is committed to constructing and operating a group home. Their mission is centered around providing a suitable living environment for these individuals, aiming to enhance their quality of life. By undertaking this construction and operation project, the organization seeks to contribute positively to the community, offering a supportive living space for those in need.
Official website here: www.facebook.com/rosariacommunities
Who is the CEO of Rosaria Comm In Gaithersburg Inc?
Thomas F Welch Jr is the Director of Rosaria Comm In Gaithersburg Inc.
Official website here: www.facebook.com/rosariacommunities
What is the revenue of Rosaria Comm In Gaithersburg Inc?
Rosaria Comm In Gaithersburg Inc's revenue in 2022 was $54,163.
Official website here: www.facebook.com/rosariacommunities
Who are the executives of Rosaria Comm In Gaithersburg Inc and what are their salaries?
There 2 volunteers at Rosaria Comm In Gaithersburg Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.facebook.com/rosariacommunities
Where can I find the form 990 for Rosaria Comm In Gaithersburg Inc?
Rosaria Comm In Gaithersburg Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.facebook.com/rosariacommunities
Learn more at the official website: www.facebook.com/rosariacommunities
Mission Statement of Rosaria Comm In Gaithersburg Inc
Rosaria Comm In Gaithersburg Inc is dedicated to constructing and operating a group home for individuals with developmental disabilities. This nonprofit organization's mission is to provide a supportive living environment where these individuals can thrive and lead fulfilling lives. Through the construction and operation of this group home, Rosaria Comm In Gaithersburg Inc aims to contribute positively to the community, offering a safe and nurturing environment for individuals with developmental disabilities. The nonprofit's work is instrumental in promoting inclusivity and equality, ensuring that individuals with special needs have access to the care and support they require to reach their full potential.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Rosaria Comm In Gaithersburg Inc makes a significant impact by providing housing and support services for developmentally disabled individuals in Derwood, MD. Their construction and operation of group homes create a safe and nurturing environment for these individuals to live independently and thrive within the community. This organization plays a vital role in meeting the housing needs of this vulnerable population and promoting their overall well-being.
This information is meant to be a general summary of Rosaria Comm In Gaithersburg Inc. 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 2022.
- Investment Income: $2
- Program Service Revenue: $10,727
- Gross Receipts: $54,163
Assets and Liabilities:
- Total Assets: $479,627
- Total Liabilities: $717,852
- Net Assets: -$238,225
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROUP HOME-DISABLED PERSONS
Revenue
$10,727
Organization Details
Founding Year
2004
Phone
(301) 279-2020Principal Officer
Thomas F Welch Jr
Main Address
15400 CALHOUN DR 125, DERWOOD, MD, 20855
NTEE Category
Code: L21 - Housing
If you are a representative of Rosaria Comm In Gaithersburg Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.