Overview
What is The Rosser Foundation A Pure Charitable Trust And Public Charity?
The Rosser Foundation, a charitable trust and public charity based in Newport News, Virginia, with an address at 99 Old Oyster Point Road, has a mission to support the growth of the church worldwide. They focus on designing and constructing churches in collaboration with churches and other ministries. With a team of 75 employees working under the Doing Business As name "International Cooperating," The Rosser Foundation aims to nurture believers and contribute to the expansion of the church community on a global scale.
Official website here: www.icm.org
What are the reviews and ratings of this charity?
Charity Navigator rates The Rosser Foundation A Pure Charitable Trust And Public Charity with a score of 94%, which earns it a Four-Star out of Four Star rating. This high score indicates strong overall performance in accountability and financial health, reflecting the organization's commitment to transparency and effective management of its resources.
The foundation boasts an impressive financial setup, with a program expense ratio of 89.64%, meaning a significant majority of its funds are directed towards its charitable activities. Additionally, the organization has a well-composed board, with 93% independent members, ensuring governance is free from conflicts of interest. Its commitment to financial oversight is evident with a perfect score in audit and oversight, coupled with the absence of material diversion of assets.
However, there is a notable point regarding the working capital ratio, which stands at 0.30 years, indicating potential challenges in financial liquidity. While the charity excels in many areas, this could suggest that maintaining sufficient operational funds may require attention. Overall, the Rosser Foundation demonstrates a strong commitment to its mission through efficient resource use and solid governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Rosser Foundation A Pure Charitable Trust And Public Charity legitimate?
The Rosser Foundation A Pure Charitable Trust And Public Charity is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rosser Foundation A Pure Charitable Trust And Public Charity 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: $785,309
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,312,504
For more financial information, click here
Official website here: www.icm.org
What is the mission statement of The Rosser Foundation A Pure Charitable Trust And Public Charity?
The Rosser Foundation, a charitable trust and public charity, is dedicated to nurturing believers and aiding in the expansion of the church worldwide. Their primary mission is to support the growth of the church globally. Through their efforts, they design and construct churches in partnership with various churches and ministries around the world. By providing this assistance, The Rosser Foundation contributes to the spiritual development of communities and strengthens the faith of believers. Their focus is on fostering religious growth and unity on a global scale.
Official website here: www.icm.org
Who is the CEO of The Rosser Foundation A Pure Charitable Trust And Public Charity?
Janice H Stringer is the President/Ce of The Rosser Foundation A Pure Charitable Trust And Public Charity.
Official website here: www.icm.org
What is the revenue of The Rosser Foundation A Pure Charitable Trust And Public Charity?
The Rosser Foundation A Pure Charitable Trust And Public Charity's revenue in 2022 was $33,908,201.
Official website here: www.icm.org
Who are the executives of The Rosser Foundation A Pure Charitable Trust And Public Charity and what are their salaries?
The average compensation at The Rosser Foundation A Pure Charitable Trust And Public Charity during 2022 was $54,638. There are 75 employees and 33 volunteers at The Rosser Foundation A Pure Charitable Trust And Public Charity.
Here are 30 key members and their salaries:
- Compensation: $166,193
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- Other: $4,995
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- Other: $4,120
- Compensation: $132,652
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- Other: $3,843
- Compensation: $106,691
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- Other: $3,317
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Official website here: www.icm.org
Where can I find the form 990 for The Rosser Foundation A Pure Charitable Trust And Public Charity?
The Rosser Foundation A Pure Charitable Trust And Public Charity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icm.org
Learn more at the official website: www.icm.org
Mission Statement of The Rosser Foundation A Pure Charitable Trust And Public Charity
The Rosser Foundation, a Pure Charitable Trust and Public Charity, is dedicated to fostering believers and aiding in the expansion of the church worldwide. Through this mission, the organization focuses on nurturing individuals in their faith and contributing to the growth of religious communities around the globe. In collaboration with churches and other ministries, The Rosser Foundation designs and constructs places of worship, providing physical structures for spiritual growth and community. By supporting the development of religious institutions, this charitable entity plays a crucial role in fostering spiritual growth and unity among believers worldwide.
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Impact
October, 2024
The Rosser Foundation significantly contributes to the growth of the global church by focusing on nurturing believers and supporting church development. Through the design and construction of churches worldwide, the foundation collaborates with local churches and ministries to address the spiritual needs of communities. This initiative enhances access to places of worship, fostering stronger faith-based communities and encouraging congregational growth. By investing in the physical infrastructure of churches, The Rosser Foundation empowers believers and cultivates environments where spiritual growth thrives, ultimately impacting lives and communities on a global scale.
This information is meant to be a general summary of The Rosser Foundation A Pure Charitable Trust And Public Charity. 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: -$91,719
- Gross Receipts: $36,402,768
Assets and Liabilities:
- Total Assets: $10,270,767
- Total Liabilities: $191,934
- Net Assets: $10,078,833
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Organization Details
Founding Year
1986
Phone
(757) 827-6704Principal Officer
Janice H Stringer
Main Address
99 OLD OYSTER POINT ROAD, NEWPORT NEWS, VA, 23602
Website
www.icm.orgNTEE Category
Code: T22Z - Philanthropy
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