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The Rainbow Network Inc

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

EIN: 431720451 ✦ Springfield, MO ✦ Designated as a 501(c)(3)

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Overview

What is The Rainbow Network Inc?

The Rainbow Network Inc is a nonprofit organization based in Springfield, Missouri, dedicated to improving the living conditions of rural communities. They achieve this by constructing simple concrete homes equipped with basic amenities such as a secure door, cement floor, and utilities. These houses are built in batches of 25 and provided to families at the cost of building supplies, financed through interest-free loans. The organization emphasizes community participation, fostering pride, empowerment, and long-term benefits for homeowners and their children. The Rainbow Network has operated in 177 communities, collaborating with nearly 59,000 people, and has completed construction on 119 homes, supplementing them with essential facilities like water, latrines, and electricity. Their mission is to share the love of Jesus Christ by partnering with the poorest people of Nicaragua, providing them with healthcare, education, economic development, and improved housing in remote areas lacking sanitation, clean water, and medical care.


Official website here: www.rainbownetwork.org

Is The Rainbow Network Inc legitimate?

The Rainbow Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rainbow Network 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $496,663

For more financial information, click here


Official website here: www.rainbownetwork.org

What is the mission statement of The Rainbow Network Inc?

The Rainbow Network Inc's mission is centered around sharing the love of Jesus Christ with the most impoverished individuals in Nicaragua. They achieve this goal by collaborating with these communities in various sectors. Their primary focus is on healthcare, education, economic development, and housing. The organization specifically targets remote locations where people live in dirt-floor shacks, lacking essentials such as sanitation, clean water, and medical care. Additionally, they strive to expand educational opportunities that are currently limited in these areas.


Official website here: www.rainbownetwork.org

Who is the CEO of The Rainbow Network Inc?

Chuck Sauer is the Chairperson of The Rainbow Network Inc.


Official website here: www.rainbownetwork.org

What is the revenue of The Rainbow Network Inc?

The Rainbow Network Inc's revenue in 2022 was $2,265,343.


Official website here: www.rainbownetwork.org

Who are the executives of The Rainbow Network Inc and what are their salaries?

The average compensation at The Rainbow Network Inc during 2022 was $99,333. There are 5 employees and 10 volunteers at The Rainbow Network Inc.


Here are 13 key members and their salaries:


Megan Herrera (President)
  • Compensation: $97,775
  • Related: $0
  • Other: $2,775
Jeff Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Burdin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Guion (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kasey Hockman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Monarchio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Moneymaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Moore (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Alonso Perez Ordonez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Sauer (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sonheim (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rainbownetwork.org

Where can I find the form 990 for The Rainbow Network Inc?

The Rainbow Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rainbownetwork.org

Learn more at the official website: www.rainbownetwork.org

Mission Statement of The Rainbow Network Inc

The Rainbow Network Inc, a nonprofit organization, is dedicated to sharing the love of Jesus Christ with Nicaragua's poorest residents. They accomplish this by partnering with local communities in various sectors, including healthcare, education, economic development, and housing. Their focus is on remote locations where people live in dire conditions, lacking essentials such as sanitation, clean water, and medical care. Furthermore, education opportunities are often limited in these areas. By engaging in these initiatives, The Rainbow Network Inc aims to uplift the lives of those in need, providing them with a better quality of life.

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Impact




July, 2024

The impact of The Rainbow Network Inc is profound, as it directly addresses the critical needs of Nicaragua's poorest people living in remote locations. By focusing on healthcare, education, economic development, and housing, the organization brings tangible improvements to communities suffering in dirt-floor shacks without adequate sanitation, clean water, or medical care. Through initiatives like building simple concrete homes with secure doors and clean flooring, The Rainbow Network empowers families and promotes pride and responsibility among homeowners. Additionally, their efforts in providing potable water, latrines, and electricity further enhance the quality of life for those in need. Operating in numerous rural communities and partnering with thousands of individuals in a hand-up fashion, The Rainbow Network's work has a lasting impact on improving living conditions and fostering self-reliance in Nicaragua.




This information is meant to be a general summary of The Rainbow Network 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
$2,265,343 (2022)
Expenses
$1,998,731 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,438
  • Program Service Revenue: $134,558
  • Gross Receipts: $2,265,908

Assets and Liabilities:

  • Total Assets: $3,131,212
  • Total Liabilities: $122,623
  • Net Assets: $3,008,589

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Programs

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

AMORTIZATION OF MORTGAGE DISC

Revenue

$111,724

CLINIC

Revenue

$14,702

DENTAL CLINIC

Revenue

$7,839

HOUSING FINE

Revenue

$293

Organization Details

Founding Year

1995

Principal Officer

Chuck Sauer

Main Address

2840 E CHESTNUT EXPY STE A, SPRINGFIELD, MO, 65802

NTEE Category

Code: E20Z - Health

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