Overview
What is Fosterus?
Fosterus is a nonprofit organization situated in Wilmington, North Carolina. Its primary mission is to expand access to essential services such as healthcare, education, legal assistance, and social support for disadvantaged communities. To accomplish this, Fosterus offers loan repayment assistance programs, focusing on public service roles within nonprofit organizations or local government entities that cater to the needs of underserved and vulnerable populations. One of their initiatives includes the Prairie State Legal Services Loan Repayment Assistance Program, which provides financial aid to attorneys offering pro bono legal services to low-income individuals and seniors. Fosterus operates from 11 office locations across 36 counties in northern Illinois.
Official website here: www.fosterus.org
Is Fosterus legitimate?
Fosterus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fosterus 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: $71,436
For more financial information, click here
Official website here: www.fosterus.org
What is the mission statement of Fosterus?
Fosterus' mission is centered around enhancing accessibility to essential services for disadvantaged communities. They achieve this by offering loan repayment assistance for individuals working in public service positions within non-profit organizations or local government entities. These organizations are dedicated to addressing the healthcare, education, legal, and social service needs of underserved and vulnerable populations. By providing this assistance, Fosterus aims to encourage more professionals to join these organizations, thus strengthening their ability to serve these communities effectively.
Official website here: www.fosterus.org
What is the revenue of Fosterus?
Fosterus's revenue in 2023 was $2,478,956.
Official website here: www.fosterus.org
Who are the executives of Fosterus and what are their salaries?
The average compensation at Fosterus during 2023 was $35,718. There are 2 employees at Fosterus.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fosterus.org
Where can I find the form 990 for Fosterus?
Fosterus's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fosterus.org
Learn more at the official website: www.fosterus.org
Mission Statement of Fosterus
Fosterus, a notable organization, is committed to expanding the reach of essential healthcare, education, legal, and social services in underserved communities. They achieve this by offering loan repayment assistance for individuals working in public service positions within nonprofit organizations or local government entities. These entities are specifically established to cater to the healthcare, education, legal, and social needs of disadvantaged populations. By providing this assistance, Fosterus plays a significant role in making these crucial services more accessible to those who need them the most.
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Impact
July, 2024
Fosterus's impact is significant in increasing access to quality healthcare, education, legal, and social services for disadvantaged communities. By providing loan repayment assistance programs for public service positions within nonprofit organizations or local government entities, Fosterus assists in addressing the healthcare, education, legal, and social service needs of underserved and vulnerable populations. This support enables professionals to dedicate their skills and expertise to serving those in need, ultimately contributing to the betterment of these communities.
This information is meant to be a general summary of Fosterus. 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 2023.
- Investment Income: $18
- Program Service Revenue: $317,917
- Gross Receipts: $2,478,956
Assets and Liabilities:
- Total Assets: $1,006,259
- Total Liabilities: $0
- Net Assets: $1,006,259
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LRAP
Revenue
$317,917
Organization Details
Founding Year
2019
Principal Officer
Jantz Hoffman
Website
www.fosterus.orgNTEE Category
Code: B82 - Education
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