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Friends Of Olancho

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

EIN: 320031150 ✦ Schoolcraft, MI ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Olancho?

Friends of Olancho is a nonprofit organization with a focus on offering financial assistance to the Diocese of Comayagua in Honduras, specifically aiding the education of young men seeking to join the Roman Catholic priesthood at both minor and major seminaries. Their mission involves supporting the Roman Catholic Diocese of Comayagua in Central America, contributing to the formation of future clergy members. The organization does not provide details on its location or the number of employees.

Is Friends Of Olancho legitimate?

Friends Of Olancho is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Olancho 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 Friends Of Olancho?

Friends of Olancho's mission is centered around providing financial assistance, primarily to the Diocese of Comayagua in Honduras. More specifically, their goal is to support the education of young men pursuing the Roman Catholic priesthood through the minor and major seminaries within the diocese. The organization's contributions aim to contribute to the overall development of the Roman Catholic priesthood in Honduras, Central America.

Who is the CEO of Friends Of Olancho?

Fr Paul Kersey is the President of Friends Of Olancho.

What is the revenue of Friends Of Olancho?

Friends Of Olancho's revenue in 2023 was $52,718.

Who are the executives of Friends Of Olancho and what are their salaries?


Here are 3 key members and their salaries:


Fr Paul Kersey (President)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Fr Peter Gregor (Secy, Treasu)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Dr James W Melliush (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Friends Of Olancho?

Friends Of Olancho's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Friends Of Olancho

Friends of Olancho, as an organization, is dedicated to offering financial assistance to the Diocese of Comayagua in Honduras, with a particular focus on supporting the minor and major seminaries in their mission to educate young men for the Roman Catholic priesthood. More specifically, Friends of Olancho aims to contribute to the education and formation of future priests within the Roman Catholic Diocese of Comayagua in Central America. Their mission is centered around providing financial support to ensure the continued operation and success of these seminaries, thereby contributing to the growth of the Roman Catholic Church in the region.

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Impact




August, 2024

Friends Of Olancho's impact is centered around providing crucial financial support to the diocese of Comayagua, Honduras. Specifically, the organization supports the minor and major seminaries in educating young men for the Roman Catholic priesthood. By supporting the educational endeavors of these seminaries, Friends Of Olancho plays a vital role in nurturing and developing future clergy members for the Roman Catholic Church in Honduras and Central America.




This information is meant to be a general summary of Friends Of Olancho. 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
$52,718 (2023)
Expenses
$48,808 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $52,718

Assets and Liabilities:

  • Total Assets: $30,727
  • Total Liabilities: $0
  • Net Assets: $30,727

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Organization Details

Principal Officer

Fr Paul Kersey

Main Address

9370 ALIDOR RD, SCHOOLCRAFT, MI, 49087

NTEE Category

Code: X12 - Religion related

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