Blue Ladies Minerals Inc

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

EIN: 742971975 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Blue Ladies Minerals Inc?

Blue Ladies Minerals Inc is a nonprofit organization that primarily focuses on managing oil, gas, mineral rights, and real or personal property. Its main objective is to generate income, which is then channeled towards the Seton Fund of the Daughters of Charity of St. Vincent De Paul, Inc., and Ascension Texas. This organization plays a crucial role in providing functional support to both entities, aligning with Ascension's Catholic health ministry. This ministry is dedicated to holistic, spiritually-centered care, serving the poor and vulnerable, advocating for a compassionate society, and supporting patients, communities, and caregivers during challenging times, such as the COVID-19 pandemic. The income generated by Blue Ladies Minerals Inc contributes to these initiatives, ensuring continued support for the mission.

Is Blue Ladies Minerals Inc legitimate?

Blue Ladies Minerals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Ladies Minerals 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 Blue Ladies Minerals Inc?

Blue Ladies Minerals Inc's mission is centered around the compassionate and healing ministry of Jesus. They are dedicated to serving all individuals, with a special focus on those who are economically disadvantaged. Their mission encompasses holistic health care that nurtures both physical and spiritual well-being. They advocate for a just and compassionate society, expressing this through their actions and words. The revenues generated from their activities in oil, gas, mineral rights, and property are utilized to benefit the Seton Fund and Ascension Texas.

Who is the CEO of Blue Ladies Minerals Inc?

Unavailable

What is the revenue of Blue Ladies Minerals Inc?

Blue Ladies Minerals Inc's revenue in 2022 was $142,150.

Who are the executives of Blue Ladies Minerals Inc and what are their salaries?


Here are 6 key members and their salaries:


George Edward Gomez (Treasurer)
  • Compensation: $0
  • Related: $139,780
  • Other: $29,742
Miguel Romano Jr (Chair/President)
  • Compensation: $0
  • Related: $441,469
  • Other: $29,907
Susanna Olivarez (Secretary (End 2/2022))
  • Compensation: $0
  • Related: $109,338
  • Other: $28,248
Scott Herndon (Cfo, Ministry Market)
  • Compensation: $0
  • Related: $927,857
  • Other: $44,297
Craig A Cordola Fache (Former Officer (End 6/2019))
  • Compensation: $0
  • Related: $4,633,536
  • Other: $1,052,538
William A Davis (Former Officer (End 6/2021))
  • Compensation: $0
  • Related: $2,169,723
  • Other: $52,202
Where can I find the form 990 for Blue Ladies Minerals Inc?

Blue Ladies Minerals Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Blue Ladies Minerals Inc

Blue Ladies Minerals Inc, rooted in the healing ministry of Jesus, dedicates itself to serving all individuals, with a particular focus on the poor and vulnerable. Their mission is grounded in a Catholic health ministry, which emphasizes spiritually-centered, holistic care that aims to enhance the health of individuals and communities as a whole. This organization is committed to advocating for a compassionate and just society by expressing its actions and words. Blue Ladies Minerals Inc manages oil, gas, mineral rights, and real/personal property, with the profits benefitting the Seton Fund and Ascension Texas.

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Impact




October, 2024

Blue Ladies Minerals Inc plays a crucial role in supporting the Seton Fund and Ascension Texas by managing oil, gas, and mineral rights, along with real and personal property. The income generated from these assets is remitted to the Seton Fund, ensuring financial support for initiatives that align with the core mission of Ascension Texas. This organization is integral to the Ascension Catholic health ministry, which remains committed to delivering holistic and compassionate care, particularly to underserved populations.

In the wake of the COVID-19 pandemic, Blue Ladies Minerals Inc has been instrumental in providing resources that help sustain and improve community health. Their efforts directly contribute to the financial stability of healthcare services and support caregivers, allowing them to face the challenges presented by the global health crisis.

By managing these valuable assets, Blue Ladies Minerals not only fuels essential healthcare initiatives but also reinforces the broader mission of creating a compassionate society focused on the well-being of all individuals, especially those who are poor and vulnerable. Their impact extends beyond financial contributions, fostering a culture of care and advocacy within the communities they serve.




This information is meant to be a general summary of Blue Ladies Minerals 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
$142,150 (2022)
Expenses
$184,501 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $142,150
  • Gross Receipts: $142,150

Assets and Liabilities:

  • Total Assets: $845,840
  • Total Liabilities: $45,079
  • Net Assets: $800,761

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Programs

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

RENT

Revenue

$142,150

Organization Details

Founding Year

2000

Main Address

C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998

NTEE Category

Code: U00 - Science research

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