Rosaria Communities In Olney Inc
- Assets
- $451.1k
- Revenue
- $45.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Derwood, MD
- Founding
- Data as of
- 06/2022
- EIN
- 46-1772734
Organization Overview
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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary C Mcginnity Vice Preside | OfficerTrustee | 0.1 | $0 |
Justin G Cameron ESQ Secretary/tr | OfficerTrustee | 0.2 | $0 |
Thomas F Welch Jr President | OfficerTrustee | 1.5 | $0 |
Eileen Brogan ESQ Director | Trustee | 0.1 | $0 |
Stephen Ring ESQ Director | Trustee | 0.2 | $0 |
James Cudjoe Director | Trustee | 0.1 | $0 |
Financial Statements
| 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 |
Grants Recieved
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 |
Peer Organizations
| 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 |