Overview
What is Redeeming Love Ministries?
Redeeming Love Ministries is a nonprofit organization situated in Colorado Springs, Colorado. Their primary mission is to extend aid and nurture the underprivileged children in the Democratic Republic of Congo. They achieve this by providing essential resources such as clean water, medical care, and quality education, complemented by the teachings of the Bible. In 2022, they constructed eight water wells, built homes for widows and their children, established a school in a remote area, and offered monthly food supplies to over 500 households. Additionally, they sponsored over 600 children's education and initiated the construction of a Hope Center in Kavumu and Luwindja, offering spiritual and physical support, as well as opportunities for learning various trades, agriculture, and microfinance.
Official website here: www.rlmcongo.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Redeeming Love Ministries has received a rating of 81%, indicating a solid performance in the realm of accountability and finance. The rating is based entirely on this single beacon score, emphasizing the charity's commitment to financial transparency and operational best practices. A significant strength noted is the presence of an independent board, with 85% of its members meeting this criterion, which reflects well on governance.
The charity has demonstrated strong financial responsibility, reported no material diversion of assets, and maintains a low liabilities to assets ratio of 0.25%. Furthermore, it allocates a high percentage of its expenses (88.14%) directly to its programs, suggesting a strong focus on its mission rather than administrative costs. The organization has also implemented policies for conflict of interest, whistleblower protection, and document retention, enhancing its credibility.
While the specific details of the charity's programs and their impact were not highlighted in the rating, the high program expense ratio and robust accountability measures indicate that Redeeming Love Ministries is effectively managing its resources and prioritizing its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is Redeeming Love Ministries legitimate?
Redeeming Love Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redeeming Love Ministries 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: $43,507
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,600
For more financial information, click here
Official website here: www.rlmcongo.net
What is the mission statement of Redeeming Love Ministries?
Redeeming Love Ministries is dedicated to collaborating with other organizations to spread the message of Jesus Christ among the indigent and orphaned children in the Democratic Republic of Congo. They achieve this mission through educational, feeding, and medical support initiatives. The organization operates primarily for charitable and ministerial purposes, funding projects such as building clean water wells, constructing homes for widows and their children, establishing schools, providing monthly food aid, and initiating the construction of a Hope Center offering spiritual and physical nourishment. This Hope Center also aims to teach trades, agriculture, and microfinance skills.
Official website here: www.rlmcongo.net
Who is the CEO of Redeeming Love Ministries?
Julie Mwozi is the President of Redeeming Love Ministries.
Official website here: www.rlmcongo.net
What is the revenue of Redeeming Love Ministries?
Redeeming Love Ministries's revenue in 2022 was $696,959.
Official website here: www.rlmcongo.net
Who are the executives of Redeeming Love Ministries and what are their salaries?
The average compensation at Redeeming Love Ministries during 2022 was $29,554. There are 2 employees and 10 volunteers at Redeeming Love Ministries.
Here are 7 key members and their salaries:
- Compensation: $43,507
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.rlmcongo.net
Where can I find the form 990 for Redeeming Love Ministries?
Redeeming Love Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rlmcongo.net
Learn more at the official website: www.rlmcongo.net
Mission Statement of Redeeming Love Ministries
Redeeming Love Ministries is committed to collaborating with various organizations to spread the message of Jesus Christ among the indigent and orphaned children in the Democratic Republic of the Congo. This mission is accomplished through three primary avenues: education, feeding, and medical support. The nonprofit's activities are focused on providing children with access to clean water, constructing homes and schools, offering regular meals, and ensuring they receive proper medical care. In addition, Redeeming Love Ministries provides funding for essential resources such as blackboards, desks, and bathrooms in schools, and ensures that over 600 children receive an education. Moreover, the organization constructs Hope Centers in communities like Kavumu and Luwindja, offering both spiritual and physical nourishment as well as opportunities for learning practical skills like agriculture and microfinance.
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Impact
July, 2024
Redeeming Love Ministries has made a significant impact by providing essential support to the indigent and orphaned children of the Democratic Republic of the Congo. Through their various initiatives, including building wells for clean water, homes for widows and children, and schools in underserved communities, they have positively impacted the lives of many individuals. Additionally, their efforts to provide food, education, and medical care to those in need have helped improve the overall well-being of the communities they serve. Their commitment to spreading the gospel message of Jesus Christ while addressing the practical needs of the people demonstrates their holistic approach to ministry and youth development.
This information is meant to be a general summary of Redeeming Love Ministries. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $51
- Gross Receipts: $696,959
Assets and Liabilities:
- Total Assets: $415,522
- Total Liabilities: $1,047
- Net Assets: $414,475
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Organization Details
Founding Year
2015
Phone
(719) 240-8502Principal Officer
Julie Mwozi
Main Address
PO Box 25088, Colorado Springs, CO, 80936
Website
www.rlmcongo.netNTEE Category
Code: O11 - Youth development
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