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Compass Rose Charities

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

EIN: 273674047 ✦ Reston, VA ✦ Designated as a 501(c)(3)

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Overview

What is Compass Rose Charities?

Compass Rose Charities is a nonprofit organization that offers financial aid to the U.S. Intelligence Community and supports various charitable causes. One of their recent initiatives involved donating $50,000 to the Loudoun Career Fire Fighters Foundation, thereby providing assistance and comfort to all the members of IAFF Local 3756, including both uniformed and civilian employees of Loudoun. Additionally, Compass Rose Charities operates an Employee Assistance Fund, which assists members of Compass Rose HealthPlan who require therapies not covered by their insurance but are unable to afford them. The organization's work primarily centers around providing financial support and alleviating financial burdens for those in need.

Is Compass Rose Charities legitimate?

Compass Rose Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass Rose Charities submitted a form 990EZ, 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.

What is the mission statement of Compass Rose Charities?

Compass Rose Charities, as an organization, is dedicated to providing financial aid to members of the U.S. Intelligence Community and supporting various charitable causes. One of their recent initiatives involved donating $50,000 to the Loudoun Career Fire Fighters Foundation to support the well-being of all IAFF Local 3756 members, both uniformed and civilian employees of the Loudoun. Additionally, Compass Rose Charities operates an Employee Assistance Fund, which assists members of Compass Rose HealthPlan by covering uninsured therapies when they lack the means to pay for them. In essence, Compass Rose Charities aims to uplift and aid individuals and communities in need.

Who is the CEO of Compass Rose Charities?

William Simmons is the President of Compass Rose Charities.

What is the revenue of Compass Rose Charities?

Compass Rose Charities's revenue in 2022 was $64,555.

Who are the executives of Compass Rose Charities and what are their salaries?


Here are 4 key members and their salaries:


Randy Stoughton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sherri Hebert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Simmons (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dharti Desai (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Compass Rose Charities?

Compass Rose Charities's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Compass Rose Charities

Compass Rose Charities, as a nonprofit organization, is committed to extending financial aid to the U.S. Intelligence Community and supporting various charitable causes. Beyond its financial support, Compass Rose Charities also operates an Employee Assistance Fund. This fund is particularly significant for members of Compass Rose HealthPlan who require therapies that are not covered by their insurance, yet lack the resources to pay for them. By providing such assistance, Compass Rose Charities demonstrates its dedication to supporting individuals within the U.S. Intelligence Community, ensuring they receive necessary care and assistance.

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Impact




August, 2024

Compass Rose Charities has a significant impact on the community by providing financial assistance to members of the U.S. Intelligence Community and supporting various charitable causes. Through their recent donation of $50,000 to the Loudoun Career Fire Fighters Foundation, they are helping to provide aid and comfort to all IAFF Local 3756 members, including uniformed and civilian employees of Loudoun. Additionally, Compass Rose Charities operates an Employee Assistance Fund that helps pay bills for members of Compass Rose HealthPlan who require therapies not covered by insurance and lack the means to pay for them. This organization's dedication to philanthropy and support for those in need highlights its positive and tangible impact on the community.




This information is meant to be a general summary of Compass Rose Charities. 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
$64,555 (2022)
Expenses
$54,606 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $118,731

Assets and Liabilities:

  • Total Assets: $37,119
  • Total Liabilities: $0
  • Net Assets: $37,119

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Organization Details

Principal Officer

William Simmons

Main Address

11490 Commerce Park Drive Suite 220, Reston, VA, 20191

NTEE Category

Code: T12 - Philanthropy

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