Rosaria Communities In Olney Inc is located in Derwood, MD. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rosaria Communities In Olney Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Rosaria Communities In Olney Inc generated $45.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $64.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RENOVATION/OPERATION OF GROUP HOME FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENOVATION/OPERATION OF GROUP HOME FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.
RENOVATION/OPERATION OF GROUP HOME FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justin G Cameron ESQ Secretary/tr | OfficerTrustee | 0.2 | $0 |
Thomas F Welch Jr President | OfficerTrustee | 1.5 | $0 |
Mary C Mcginnity Vice Preside | OfficerTrustee | 0.1 | $0 |
Rachel Chung Director | Trustee | 0.1 | $0 |
James Cudjoe Director | Trustee | 0.1 | $0 |
Eileen Brogan ESQ Director | Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $9,812 |
All other contributions, gifts, grants, and similar amounts not included above | $17,040 |
Noncash contributions included in lines 1a–1f | $26,852 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,852 |
Total Program Service Revenue | $18,820 |
Investment income | $3 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $45,675 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,642 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $13,320 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,281 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $9,812 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,838 |
Insurance | $3,322 |
All other expenses | $0 |
Total functional expenses | $64,232 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,471 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $6,951 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,036 |
Net Land, buildings, and equipment | $421,887 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $6,755 |
Other assets | $0 |
Total assets | $451,100 |
Accounts payable and accrued expenses | $5,313 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $275,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $280,313 |
Net assets without donor restrictions | $170,787 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $451,100 |
Over the last fiscal year, we have identified 1 grants that Rosaria Communities In Olney Inc has recieved totaling $27,777.
Awarding Organization | Amount |
---|---|
Rosaria Communities Foundation Inc Derwood, MD PURPOSE: GENERAL OPERATING | $27,777 |
Organization Name | Assets | Revenue |
---|---|---|
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
International Association Of Sheet Metal Air Rail & Transportation Parma, OH | $15,017,637 | $10,750,864 |
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
American Council For An Energy Efficient Economy Washington, DC | $16,572,613 | $13,111,647 |
Healing Place Inc Louisville, KY | $37,666,074 | $13,853,449 |
Manhattan Country School Inc New York, NY | $44,093,729 | $11,269,443 |
Keren Hashviis Inc Lakewood, NJ | $9,961,423 | $20,140,768 |
North Hills Country Club Inc Manhasset, NY | $8,665,701 | $10,144,490 |
Feinstein Health Fund Inc Hauppauge, NY | $26,525,981 | $4,778,709 |
Jewish Family & Childrens Service Pittsburgh, PA | $22,894,637 | $12,787,096 |
Bell-Whitley Community Action Agency Inc Pineville, KY | $7,463,214 | $9,666,646 |
International Brotherhood Of Elect Rical Workers Afl Cio Local Union Reading, PA | $13,723,869 | $11,802,055 |