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Compassion Way Inc

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

EIN: 474269529 ✦ Chesterfield, MO ✦ Designated as a 501(c)(3)

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Overview

What is Compassion Way Inc?

Compassion Way Inc is a nonprofit organization situated in Chesterfield, Missouri. Primarily, their mission is to financially support the Covenant Church, an entity that comprises over 100 service-oriented churches. These churches operate in various states of East India and adjacent regions of Bangladesh, dedicating themselves to social and community development projects. One of their significant initiatives involves opening sewing centers and providing food and employment opportunities for the impoverished population. Additionally, Compassion Way Inc spends on prayer life seminars to educate and train their workers to execute various projects and programs provided by the Covenant Church. Furthermore, they contribute educational grants to students within their staff and CVAIOS communities.

Is Compassion Way Inc legitimate?

Compassion Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compassion Way 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: $0

For more financial information, click here

What is the mission statement of Compassion Way Inc?

Compassion Way Inc's primary mission is to financially support Covenant Church. This church, part of over 100 service-oriented congregations, carries out a wide range of social and community development initiatives in the states of East India and neighboring regions of Bangladesh. The organization has invested a significant sum of $100,658 in supporting various programs and projects run by Covenant Church. These initiatives include the establishment of sewing centers, providing food, and employing impoverished populations. Additionally, Compassion Way Inc has allocated $53,927 towards prayer life seminars, aimed at educating and training workers to execute various projects and programs proposed by Covenant Church. Furthermore, the organization has provided educational grants worth $3,800 to students from the staff and communities associated with Covenant and CVIAO.

Who is the CEO of Compassion Way Inc?

Richard Dale Perryman is the President of Compassion Way Inc.

What is the revenue of Compassion Way Inc?

Compassion Way Inc's revenue in 2022 was $133,815.

Who are the executives of Compassion Way Inc and what are their salaries?


Here are 5 key members and their salaries:


Richard Dale Perryman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bloch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Perryman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ivancic (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Hammers (Vounteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Compassion Way Inc?

Compassion Way Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Compassion Way Inc

Compassion Way Inc is an organization dedicated to financially supporting Covenant Church, which in turn operates over 100 service-oriented churches across various states in East India and adjacent areas of Bangladesh. The mission of Compassion Way Inc is to contribute to the church's initiatives, which include a wide range of social and community development programs and projects. This support has led to numerous impactful projects, such as the establishment of sewing centers, providing food, and employment opportunities for impoverished populations.

In addition to its financial support, Compassion Way Inc also invests in the educational development of the church's workers and the local community. It has allocated funds for prayer life seminars, aimed at educating and training these individuals to effectively execute various projects and programs provided by Covenant Church. Moreover, Compassion Way Inc has provided educational grants to students from the church's staff and surrounding communities, furthering its commitment to community development.

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Impact




October, 2024

Compassion Way Inc significantly impacts communities by financially supporting Covenant Church, which encompasses over 100 service-oriented congregations dedicated to social and community development. The organization contributes substantial funds, amounting to $100,658, to support programs such as opening sewing centers and providing food assistance, which directly aid impoverished populations.

Moreover, Compassion Way invests in the education and training of local workers, spending $53,927 on prayer life seminars that equip individuals to effectively implement various community projects. The organization also believes in empowering the next generation, awarding $3,800 in educational grants to students from staff and local communities. Through these initiatives, Compassion Way Inc fosters holistic development, addressing both immediate needs and long-term growth in regions of East India and nearby areas of Bangladesh.




This information is meant to be a general summary of Compassion Way 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
$133,815 (2022)
Expenses
$161,162 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $133,815

Assets and Liabilities:

  • Total Assets: $15,133
  • Total Liabilities: $722
  • Net Assets: $14,411

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Organization Details

Principal Officer

Richard Dale Perryman

Main Address

PO BOX 4454, Chesterfield, MO, 63017

NTEE Category

Code: Q33 - International

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