Overview
What is Masinyusane Inc?
Masinyusane Inc is a compassionate nonprofit organization based in Boston, Massachusetts. Their primary mission is to uplift impoverished communities in South Africa by providing educational opportunities. They accomplish this by sponsoring top-performing high school students from 34 townships in Port Elizabeth, offering support for university applications, financial aid, and tuition, as well as housing, meals, and mentoring services. With a dedicated team of one employee, Masinyusane Inc's goals extend beyond education, aiming to empower individuals and alleviate poverty in these communities.
Official website here: www.masinyusane.org
Is Masinyusane Inc legitimate?
Masinyusane Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masinyusane 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: $46,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.masinyusane.org
What is the mission statement of Masinyusane Inc?
Masinyusane Inc's mission is centered around raising and utilizing funds to execute development projects in disadvantaged communities in South Africa. The primary objective is to combat poverty and improve the lives of the community members. A significant part of their efforts is focused on the education of children and youth, aiming to empower them and provide them with opportunities to break the cycle of poverty. Additionally, Masinyusane Inc supports top high school learners from impoverished townships in Port Elizabeth, providing assistance with university applications, financial aid, tuition, transportation, housing, food, and mentoring.
Official website here: www.masinyusane.org
Who is the CEO of Masinyusane Inc?
Rosaria Salerno is the Principal Officer of Masinyusane Inc.
Official website here: www.masinyusane.org
What is the revenue of Masinyusane Inc?
Masinyusane Inc's revenue in 2022 was $123,532.
Official website here: www.masinyusane.org
Who are the executives of Masinyusane Inc and what are their salaries?
The average compensation at Masinyusane Inc during 2022 was $46,800. There is 1 employee at Masinyusane Inc.
Here are 6 key members and their salaries:
- Compensation: $49,500
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.masinyusane.org
Where can I find the form 990 for Masinyusane Inc?
Masinyusane Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.masinyusane.org
Learn more at the official website: www.masinyusane.org
Mission Statement of Masinyusane Inc
Masinyusane Inc is a nonprofit organization dedicated to addressing poverty in impoverished communities within South Africa. Their primary mission is to raise and allocate funds for development projects aiming to alleviate suffering and eradicate poverty. Through their initiatives, they aim to provide educational opportunities for children and youth, empower individuals, and ultimately improve living conditions in these communities.
One of Masinyusane Inc's most notable programs is the support of top-performing high school students from Port Elizabeth's 34 underserved township schools. The nonprofit assists these students in various ways, including application fees, securing financial aid and scholarships, covering tuition costs, offering transportation assistance, providing housing in their Houses of Excellence, and offering food and welfare support. In addition, Masinyusane Inc offers mentoring and tutoring services to help these students succeed in their academic pursuits and beyond. As of their latest data, Masinyusane Inc was supporting over 1000 students in high school and university, all of whom come from economically disadvantaged backgrounds.
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Impact
October, 2024
Masinyusane Inc has a transformative impact on impoverished communities in South Africa by focusing on education and empowerment. By facilitating access to higher education for top learners from Port Elizabeth's 34 underprivileged township high schools, the organization breaks the cycle of poverty. It provides crucial support, including application fees, financial aid assistance, tuition, and living stipends, ensuring students can focus on their studies without the burden of financial insecurity.
With a commitment to mentoring and tutoring, Masinyusane actively fosters academic success, enabling over 1,000 students to realize their potential and embark on paths to meaningful careers. This initiative not only elevates individual lives but also strengthens communities by creating educated and empowered leaders who can contribute positively to society. Through these efforts, Masinyusane Inc plays a vital role in alleviating suffering and poverty, paving the way for a brighter future in South Africa.
This information is meant to be a general summary of Masinyusane 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.
- Gross Receipts: $123,532
Assets and Liabilities:
- Total Assets: $103,076
- Total Liabilities: $0
- Net Assets: $103,076
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Organization Details
Founding Year
2010
Phone
(617) 599-0319Principal Officer
Rosaria Salerno
Main Address
149 Massachusetts Ave, Boston, MA, 02115
Website
www.masinyusane.orgNTEE Category
Code: T12 - Philanthropy
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