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Global Benefit

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

EIN: 020520453 ✦ Laconia, NH ✦ Designated as a 501(c)(3)

Overview

What is Global Benefit?

Global Benefit is a compassionate nonprofit organization, headquartered in Laconia, New Hampshire, with a focus on aiding individuals and communities grappling with extreme poverty and distress. Their mission encompasses education, vocational training, micro-business financing, and community healthcare. Through their efforts, they aim to offer hope and improve lives. In 2022, they donated a substantial sum to Laconia Christian Fellowship to support their missionary work in Rwanda, benefiting 140 impoverished schoolchildren by providing essentials such as school supplies, uniforms, health insurance, and supplementary food for their families. Additionally, they completed 13 safe housing units, installed solar panels, and piped clean water to the community. Global Benefit's work embodies a commitment to fostering holistic development and well-being.


Official website here: www.globalbenefit.org

Is Global Benefit legitimate?

Global Benefit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Benefit 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.

Here 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


Official website here: www.globalbenefit.org

What is the mission statement of Global Benefit?

Global Benefit, as a Christ-centered organization, is dedicated to offering hope to individuals struggling with extreme poverty and distress. They accomplish this mission through various means, including education, vocational training, micro-business financing, and community healthcare. The organization's primary goal is to provide a better future for those in need, aiming to uplift their living standards and improve their overall well-being. In particular, they support underprivileged children by sponsoring their education, providing them with necessary school supplies, uniforms, and health insurance. Additionally, Global Benefit has undertaken projects such as constructing safe and secure housing units, installing solar panels, and piping pure water to communities, demonstrating their commitment to holistic development.


Official website here: www.globalbenefit.org

Who is the CEO of Global Benefit?

Richard Bonifas is the Principal Officer of Global Benefit.


Official website here: www.globalbenefit.org

What is the revenue of Global Benefit?

Global Benefit's revenue in 2022 was $481,271.


Official website here: www.globalbenefit.org

Who are the executives of Global Benefit and what are their salaries?

Here are 6 key members and their salaries:

    Alan Graustein Edd Chair (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Warren (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathaniel Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Karangwa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Vaughn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Bonifas Edd (Executive Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.globalbenefit.org

    Where can I find the form 990 for Global Benefit?

    The Global Benefit’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.globalbenefit.org

    Learn more at the official website: www.globalbenefit.org

    Mission Statement of Global Benefit

    Global Benefit, a faith-based organization, is committed to bringing hope to those grappling with extreme poverty and distress. Through its mission, Global Benefit seeks to accomplish this by offering education, vocational training, micro-business financing, and community health-care services. The organization aims to uplift individuals and communities in need, providing them with the resources and opportunities necessary to overcome their challenges and regain control of their lives. Global Benefit's efforts have included donating funds to support the educational and living needs of impoverished children in Rwanda, as well as constructing safe housing units and installing solar panels and water piping in the affected communities. By investing in education, vocational training, and micro-business financing, Global Benefit empowers individuals to break the cycle of poverty and build sustainable, self-sufficient lives.

    Impact

    This information is meant to be a general summary of Global Benefit. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Global Benefit's impact is significant in providing hope and support to those facing extreme poverty and distress through education, vocational training, micro-business financing, and community health-care. This includes sponsoring very poor school children in Rwanda, providing them with essential resources such as school supplies, uniforms, health insurance, and supplemental food for their families. Additionally, Global Benefit has completed safe housing units and a community worship center, installed solar panels for sustainable energy, and facilitated the piping of pure water to the community. Through these initiatives, Global Benefit is making a tangible difference in improving the lives of individuals and communities in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $481,271

    • Assets and Liabilities:
  • Total Assets: $2,492
  • Total Liabilities: $0
  • Net Assets: $2,492
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Richard Bonifas

    Main Address

    1386 Meredith Center Rd, Laconia, NH, 03246

    NTEE Category

    Code: Q33 - International

    If you are a representative of Global Benefit and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.