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La Promesa Foundation

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

EIN: 752648137 ✦ Midland, TX ✦ Designated as a 501(c)(3)

Overview

What is La Promesa Foundation?

La Promesa Foundation is a non-profit, Catholic organization situated without specified location details provided in the information. Their primary objective is to promote Catholic programs. They accomplish this mission through two significant initiatives: the Guadalupe Resource Center and the Guadalupe Radio Network. The Guadalupe Resource Center functions as a substantial, bilingual library, stocked with resources that support and disseminate the fundamental principles of the Catholic faith. Meanwhile, the Guadalupe Radio Network broadcasts Catholic programming, further extending the reach of their mission. In summary, La Promesa Foundation leverages its Guadalupe Resource Center and Radio Network to spread Catholic teachings and promote related programs, catering to a bilingual audience.


Official website here: www.grnonline.com

Is La Promesa Foundation legitimate?

La Promesa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Promesa Foundation 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: $840,492
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,012,407

For more financial information, click here


Official website here: www.grnonline.com

What is the mission statement of La Promesa Foundation?

The La Promesa Foundation, being a non-profit Catholic organization, is committed to promoting Catholic programs. This mission is carried out through the Guadalupe Resource Center, which houses a substantial bilingual library aimed at disseminating materials that uphold the Catholic faith's principles. Additionally, the Guadalupe Radio Network is another initiative of the foundation, providing Catholic programming. The overall goal is to spread the teachings and values of Catholicism.


Official website here: www.grnonline.com

Who is the CEO of La Promesa Foundation?

Sammy Rodriquez Jr is the Dir Of Development of La Promesa Foundation. The CEO's salary of La Promesa Foundation is $110,400 and their total compensation is $110,400.


Official website here: www.grnonline.com

What is the revenue of La Promesa Foundation?

La Promesa Foundation's revenue in 2022 was $5,314,206.


Official website here: www.grnonline.com

Who are the executives of La Promesa Foundation and what are their salaries?

The average compensation at La Promesa Foundation during 2022 was $63,893. There are 29 employees at La Promesa Foundation.

Here are 13 key members and their salaries (La Promesa Foundation's CEO's salary is $110,400 and their total compensation is $110,400):

    Joseph Schuler Jr (Dir Of Development)
  • Compensation: $114,221
  • Related: $0
  • Other: $0

    • Kent Loney (Engineer)
  • Compensation: $111,838
  • Related: $0
  • Other: $0

    • Leonard J Oswald (Ceo)
  • Compensation: $110,400
  • Related: $0
  • Other: $0

    • Richard Reyna (Vice President)
  • Compensation: $109,263
  • Related: $0
  • Other: $0

    • Sammy Rodriquez Jr (President)
  • Compensation: $106,280
  • Related: $0
  • Other: $0

    • David Palmer (Executive Director)
  • Compensation: $105,416
  • Related: $0
  • Other: $0

    • Joseph Mcclane (Program Director)
  • Compensation: $104,615
  • Related: $0
  • Other: $0

    • Timothy Motte (General Manager)
  • Compensation: $78,459
  • Related: $0
  • Other: $0

    • Suzanne Haney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Schwartz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Toya E Hall (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Stoltz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice Gist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.grnonline.com

    Where can I find the form 990 for La Promesa Foundation?

    The La Promesa Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.grnonline.com

    Learn more at the official website: www.grnonline.com

    Mission Statement of La Promesa Foundation

    La Promesa Foundation, a non-profit Catholic organization, is committed to promoting Catholic programs. Central to its mission is the Guadalupe Resource Center, a hub that houses a vast, bilingual library filled with materials designed to uphold the teachings of the Catholic faith. The Foundation extends its reach beyond the physical realm through the Guadalupe Radio Network, broadcasting Catholic programming to a wider audience. By operating these two platforms, La Promesa Foundation strives to reinforce and spread the Catholic faith's tenets.

    Impact

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




    Saturday, July 20, 2024

    La Promesa Foundation's impact is significant in promoting Catholic programs through its Guadalupe Resource Center and Guadalupe Radio Network. These platforms provide a large bilingual library of materials and Catholic programming to enrich and promote the truths of the Catholic faith. The Foundation's work in Midland, TX, plays a crucial role in fostering religious education and connection within the community.





    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: $253,878
  • Program Service Revenue: $53,084
  • Gross Receipts: $5,423,629

    • Assets and Liabilities:
  • Total Assets: $6,532,260
  • Total Liabilities: $111,015
  • Net Assets: $6,421,245
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LEASE INCOME

    Revenue

    $42,216

    MINERAL INTEREST

    Revenue

    $10,868

    Organization Details

    Founding Year

    1996

    Principal Officer

    Sammy Rodriquez Jr

    Main Address

    PO BOX 10571, MIDLAND, TX, 79702

    NTEE Category

    Code: X21 - Religion related

    If you are a representative of La Promesa Foundation 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.