Fosterus

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

EIN: 843390925 ✦ Wilmington, NC ✦ Designated as a 501(c)(3)

Overview

What is Fosterus?

Fosterus is a nonprofit organization situated in Wilmington, North Carolina. Its primary mission is to expand access to essential services such as healthcare, education, legal assistance, and social support for disadvantaged communities. To accomplish this, Fosterus offers loan repayment assistance programs, focusing on public service roles within nonprofit organizations or local government entities that cater to the needs of underserved and vulnerable populations. One of their initiatives includes the Prairie State Legal Services Loan Repayment Assistance Program, which provides financial aid to attorneys offering pro bono legal services to low-income individuals and seniors. Fosterus operates from 11 office locations across 36 counties in northern Illinois.


Official website here: www.fosterus.org

Is Fosterus legitimate?

Fosterus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fosterus 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.fosterus.org

What is the mission statement of Fosterus?

Fosterus' mission is centered around enhancing accessibility to essential services for disadvantaged communities. They achieve this by offering loan repayment assistance for individuals working in public service positions within non-profit organizations or local government entities. These organizations are dedicated to addressing the healthcare, education, legal, and social service needs of underserved and vulnerable populations. By providing this assistance, Fosterus aims to encourage more professionals to join these organizations, thus strengthening their ability to serve these communities effectively.


Official website here: www.fosterus.org

Who is the CEO of Fosterus?

Jantz Hoffman is the Secretary of Fosterus.


Official website here: www.fosterus.org

What is the revenue of Fosterus?

Fosterus's revenue in 2022 was $1,321,360.


Official website here: www.fosterus.org

Who are the executives of Fosterus and what are their salaries?

Here are 3 key members and their salaries:

    Lauren Collingwood (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jantz Hoffman (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Jarvis (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fosterus.org

    Where can I find the form 990 for Fosterus?

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


    Official website here: www.fosterus.org

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

    Mission Statement of Fosterus

    Fosterus, a notable organization, is committed to expanding the reach of essential healthcare, education, legal, and social services in underserved communities. They achieve this by offering loan repayment assistance for individuals working in public service positions within nonprofit organizations or local government entities. These entities are specifically established to cater to the healthcare, education, legal, and social needs of disadvantaged populations. By providing this assistance, Fosterus plays a significant role in making these crucial services more accessible to those who need them the most.

    Impact

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




    Saturday, July 20, 2024

    Fosterus's impact is significant in increasing access to quality healthcare, education, legal, and social services for disadvantaged communities. By providing loan repayment assistance programs for public service positions within nonprofit organizations or local government entities, Fosterus assists in addressing the healthcare, education, legal, and social service needs of underserved and vulnerable populations. This support enables professionals to dedicate their skills and expertise to serving those in need, ultimately contributing to the betterment of these communities.





    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: $5
  • Program Service Revenue: $174,699
  • Gross Receipts: $1,321,360

    • Assets and Liabilities:
  • Total Assets: $1,006,259
  • Total Liabilities: $0
  • Net Assets: $1,006,259
  • Programs

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

    LRAP

    Revenue

    $174,699

    Organization Details

    Founding Year

    2019

    Principal Officer

    Jantz Hoffman

    Main Address

    5426 Dunmore Rd, Wilmington, NC, 28409

    NTEE Category

    Code: B82 - Education

    If you are a representative of Fosterus 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.