Osterhus Publishing House Inc

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

EIN: 410462260 ✦ Robbinsdale, MN ✦ Designated as a 501(c)(3)

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Overview

What is Osterhus Publishing House Inc?

Osterhus Publishing House Inc, a nonprofit organization located in Robbinsdale, Minnesota (USA), primarily focuses on promoting the teachings of Jesus Christ. With a small team of two dedicated individuals, they specialize in producing and disseminating religious literature in various languages, reaching out to churches and organizations worldwide. Their mission is to spread religious messages, touching lives and communities globally.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

Osterhus Publishing House Inc has received a 73% rating from Charity Navigator, which translates to a Two-Star rating. This score is derived solely from its Accountability & Finance metrics, indicating a strong emphasis on financial transparency and governance practices. The charity has achieved a perfect score on several accountability measures, including having a fully independent board and no material diversion of assets, which highlights its commitment to ethical management.

The organization's strengths include a 93.75% program expense ratio, showing that a significant portion of its funding is allocated directly to its programs. This efficient use of resources is complemented by its low liabilities to assets ratio of 0.21%, suggesting a stable financial position. Additionally, the charity documents its board meeting minutes, further enhancing its accountability.

While Osterhus Publishing House Inc demonstrates strong financial practices, the limited rating suggests that there may be areas for improvement in other evaluation metrics that were not included in this score. Continued focus on operational effectiveness and transparency could enhance its overall rating and public perception.


This AI summary has been generated from information found on Charity Navigator.

Is Osterhus Publishing House Inc legitimate?

Osterhus Publishing House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osterhus Publishing House 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: $9,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,329

For more financial information, click here

What is the mission statement of Osterhus Publishing House Inc?

Osterhus Publishing House Inc's primary mission is centered around publishing and distributing Christian religious literature in various languages and countries. This organization is dedicated to spreading the teachings of Jesus Christ globally. They accomplish this by producing and disseminating religious materials, such as tracts, to churches and organizations worldwide. Their work aims to make religious literature accessible in multiple languages, thereby reaching a wider audience and fostering the spread of religious beliefs.

Who is the CEO of Osterhus Publishing House Inc?

Philip C Osterhus is the Director of Osterhus Publishing House Inc.

What is the revenue of Osterhus Publishing House Inc?

Osterhus Publishing House Inc's revenue in 2022 was $41,153.

Who are the executives of Osterhus Publishing House Inc and what are their salaries?

The average compensation at Osterhus Publishing House Inc during 2022 was $5,204. There are 2 employees at Osterhus Publishing House Inc.


Here are 4 key members and their salaries:


Rhonda Harmon (Director)
  • Compensation: $9,079
  • Related: $0
  • Other: $0
Philip C Osterhus (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Badgero (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Tramm (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Osterhus Publishing House Inc?

Osterhus Publishing House Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Osterhus Publishing House Inc

Osterhus Publishing House Inc, a nonprofit organization, is dedicated to the mission of disseminating Christian religious literature globally. This mission is carried out by printing, publishing, and distributing various religious materials, including tracts, to churches and organizations worldwide. The primary objective of this organization is to spread the teachings and message of Jesus Christ, reaching out to diverse communities in numerous languages. By doing so, Osterhus Publishing House Inc plays a significant role in promoting religious awareness and fostering a deeper understanding of Christian beliefs among its recipients.

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Impact




August, 2024

Osterhus Publishing House Inc has a significant impact on spreading the word of Jesus Christ through its publication and distribution of Christian religious literature in various languages and countries. Their tracts reach churches and organizations globally, helping to share the message of Christianity to a diverse audience. This work contributes to the spiritual growth and education of individuals who seek guidance and knowledge in their faith.




This information is meant to be a general summary of Osterhus Publishing House 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
$41,153 (2022)
Expenses
$65,975 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,521
  • Program Service Revenue: $12,570
  • Gross Receipts: $41,153

Assets and Liabilities:

  • Total Assets: $989,713
  • Total Liabilities: $2,127
  • Net Assets: $987,586

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BF Income

Revenue

$158

Postage Income

Revenue

$1,412

Sale of Tracts

Revenue

$11,000

Organization Details

Founding Year

1964

Principal Officer

Philip C Osterhus

Main Address

4500 West Broadway, Robbinsdale, MN, 55422

NTEE Category

Code: X20 - Religion related

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