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Ray Of Hope Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223758869 ✦ Mine hill, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Ray Of Hope Foundation Inc?

Ray of Hope Foundation Inc, established as a nonprofit organization, is dedicated to aiding needy children. They accomplish this mission by channeling donations to various institutions such as hospitals, churches, and other charitable organizations. Furthermore, the foundation extends its support beyond institutional settings, offering assistance to over 50 individuals directly. The primary objective of Ray of Hope Foundation Inc is to alleviate the hardships faced by underprivileged children, demonstrating a commendable commitment to their cause.


Official website here: www.rayofhopefoundation.com

Is Ray Of Hope Foundation Inc legitimate?

Ray Of Hope Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ray Of Hope Foundation 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: $0

For more financial information, click here


Official website here: www.rayofhopefoundation.com

What is the mission statement of Ray Of Hope Foundation Inc?

The Ray of Hope Foundation's mission revolves around aiding needy children. They accomplish this by donating funds to various institutions such as hospitals and churches, as well as offering direct assistance to over 50 individuals in need. The foundation's primary objective is to provide support for these children, utilizing donations and collaborations with various organizations to make a positive impact.


Official website here: www.rayofhopefoundation.com

Who is the CEO of Ray Of Hope Foundation Inc?

Diana Saltarelli is the President of Ray Of Hope Foundation Inc.


Official website here: www.rayofhopefoundation.com

What is the revenue of Ray Of Hope Foundation Inc?

Ray Of Hope Foundation Inc's revenue in 2022 was -$24,796.


Official website here: www.rayofhopefoundation.com

Who are the executives of Ray Of Hope Foundation Inc and what are their salaries?

There 2 volunteers at Ray Of Hope Foundation Inc.


Here are 2 key members and their salaries:


Diana Saltarelli (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Cassano (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rayofhopefoundation.com

Where can I find the form 990 for Ray Of Hope Foundation Inc?

Ray Of Hope Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rayofhopefoundation.com

Learn more at the official website: www.rayofhopefoundation.com

Mission Statement of Ray Of Hope Foundation Inc

The Ray of Hope Foundation, in its mission, focuses on aiding needy children. This nonprofit organization achieves this by channeling donations to various institutions such as hospitals and churches, as well as other organizations. Beyond financial support, the Ray of Hope Foundation extends its assistance to more than 50 individuals directly. By doing so, it contributes to enhancing the lives of these children, providing them with essential resources and support.

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Impact




October, 2024

Ray Of Hope Foundation Inc significantly impacts the lives of needy children and individuals in Mine Hill, NJ, through substantial support and resources. By providing donations to hospitals, churches, and various organizations, the foundation plays a crucial role in alleviating the challenges faced by vulnerable children and families. This assistance extends beyond financial contributions, fostering a sense of community and hope among those who benefit from their initiatives. With a focus on health and well-being, the foundation not only addresses immediate needs but also promotes long-term support for over 50 individuals, ensuring a brighter future for many in the area.




This information is meant to be a general summary of Ray Of Hope Foundation 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.

Revenue
-$24,796 (2022)
Expenses
$54,472 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$31,333
  • Gross Receipts: $483,576

Assets and Liabilities:

  • Total Assets: $320,413
  • Total Liabilities: $0
  • Net Assets: $320,413

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Organization Details

Founding Year

2003

Principal Officer

Diana Saltarelli

Main Address

25 GLEN AVENUE, MINE HILL, NJ, 078033111

NTEE Category

Code: E12 - Health

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