Rosaria Communities Foundation Inc
- Assets
- $341.6k
- Revenue
- $264.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Derwood, MD
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 47-2852593
Organization Overview
Rosaria Communities Foundation Inc is located in Derwood, MD. The organization was established in 1946. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rosaria Communities Foundation 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 Foundation Inc generated $264.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $358.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Rosaria Communities Foundation Inc has awarded 19 individual grants totaling $996,017. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONSTRUCTION/RENOVATION AND OPERATION OF GROUP HOMES FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF GROUP HOMES FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.
OPERATION OF GROUP HOMES FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin G Cameron ESQ Secretary/tr | OfficerTrustee | 0.5 | $0 |
Thomas F Welch Jr President | OfficerTrustee | 10 | $0 |
Mary C Mcginnity Vice Preside | OfficerTrustee | 0.2 | $0 |
Rachel Chung Director | Trustee | 0.2 | $0 |
James Cudjoe Director | Trustee | 0.2 | $0 |
Eileen M Brogan ESQ Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $60,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $115,854 |
| Noncash contributions included in lines 1a–1f | $69,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,854 |
| Total Program Service Revenue | $0 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $88,251 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $264,123 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $230,195 |
| 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 | $34,115 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $66,600 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,411 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $489 |
| Total functional expenses | $358,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,985 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,551 |
| Accounts receivable, net | $155,527 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,546 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $341,609 |
| Accounts payable and accrued expenses | $4,719 |
| Grants payable | $0 |
| Deferred revenue | $3,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,719 |
| Net assets without donor restrictions | $333,890 |
| 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 | $341,609 |
Grants Awarded
Over the last fiscal year, Rosaria Communities Foundation Inc has awarded $227,842 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ROSARIA COMMUNITIES IN MONTG COUNTY PURPOSE: CAPITAL/OPERATING EX | $205,920 |
Rockville, MD PURPOSE: GENERAL OPERATING | $12,072 |
Kensington, MD PURPOSE: GENERAL OPERATING | $9,850 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rosaria Communities Foundation Inc has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |