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World Encounter

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

EIN: 411847206 ✦ Saint paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is World Encounter?

World Encounter is a nonprofit organization situated in Saint Paul, Minnesota, with the address 542 Lovell Ave Apt 8. Their primary focus is on aiding the impoverished in developing nations, employing a faith-based, holistic approach to community development. They offer microloans to the working poor, empowering individuals to climb out of poverty. Additionally, World Encounter sends short-term volunteer teams to provide essential training in basic business and career-specific skills, thereby fostering self-sufficiency and progress.


Official website here: www.world-encounter.org

Is World Encounter legitimate?

World Encounter is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Encounter 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.world-encounter.org

What is the mission statement of World Encounter?

World Encounter's mission is centered around serving the impoverished population in developing countries. Their primary objective is to provide microloans to the working poor, enabling them to break free from the cycle of poverty. Additionally, the organization sends short-term volunteer teams to these regions. These teams offer training in essential business skills and career-specific knowledge, aiming to empower individuals and boost their earning potential.


Official website here: www.world-encounter.org

Who is the CEO of World Encounter?

Curt Rosen is the Ceo of World Encounter. The CEO's salary of World Encounter is $0 and their total compensation is $24,000.


Official website here: www.world-encounter.org

What is the revenue of World Encounter?

World Encounter's revenue in 2022 was $245,614.


Official website here: www.world-encounter.org

Who are the executives of World Encounter and what are their salaries?

There 34 volunteers at World Encounter.


Here are 4 key members and their salaries (World Encounter's CEO's salary is $0 and their total compensation is $24,000):


Curtis Rosen (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $24,000
Diana Martensen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Vossen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Carroll (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.world-encounter.org

Where can I find the form 990 for World Encounter?

World Encounter's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.world-encounter.org

Learn more at the official website: www.world-encounter.org

Mission Statement of World Encounter

World Encounter, a faith-based organization, is committed to holistic community development. Its mission is centered around serving the impoverished in developing nations. The organization provides microloans to the working poor, aiming to help individuals escape the cycle of poverty. In addition to financial assistance, World Encounter sends short-term volunteer teams to these communities. These teams offer training in essential business skills and career-specific competencies, empowering the recipients to become self-sufficient. By combining financial aid and skill-based instruction, World Encounter seeks to uplift and transform the lives of the poor, fostering sustainable development in the process.

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Impact




October, 2024

World Encounter has a significant impact on communities in the developing world by empowering the working poor through microloans and essential training. By providing financial resources, individuals are able to start or expand small businesses, enabling them to work their way out of poverty. The short-term volunteer teams play a crucial role by offering training in basic and career-specific skills, which equips these communities with the knowledge necessary to thrive economically.

This faith-based approach fosters holistic community development, addressing not only the financial needs but also the skills and confidence required for sustained growth. As a result, beneficiaries are able to improve their living conditions and provide for their families, thereby contributing to the overall well-being of their communities. The ripple effect of these efforts enhances economic stability and fosters a sense of empowerment among individuals, leading to stronger, self-sufficient communities.




This information is meant to be a general summary of World Encounter. 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
$245,614 (2022)
Expenses
$188,129 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $834
  • Gross Receipts: $245,614

Assets and Liabilities:

  • Total Assets: $135,414
  • Total Liabilities: $59,207
  • Net Assets: $76,207

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Organization Details

Founding Year

1996

Principal Officer

Curt Rosen

Main Address

542 LOVELL AVE APT 8, SAINT PAUL, MN, 551134611

NTEE Category

Code: X80 - Religion related

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