Nazareth Inc

Overview

Nazareth Inc. is a U.S. nonprofit organization designated as a 501(c)(3) entity by the Internal Revenue Service (IRS). It falls under the category of Housing and Senior Citizens' Housing/Retirement Communities as classified by the National Taxonomy of Exempt Entities (NTEE). Donations to this organization are tax deductible.

Financial Details

• Revenue Sources: As of the fiscal year ending June 2024, the organization primarily derived its revenue from program services, which accounted for 99.6% of its total revenue. Other revenue sources were minimal, with no contributions reported in that year[1].
• Expenses: Salaries and wages constituted a significant portion of expenses, totaling approximately $2,007,717 and representing about 38.5% of total expenses in 2024[1].
• Assets and Debt: The organization reported total assets of $3,018,821 and total liabilities of $2,540,738 as of June 2024[1].

Governance

Key personnel include Sister Kathleen Brazda as President, Sister Helen Skormisley as Vice President, Sister Marie Hogan as Secretary, Sister Patricia Warbritton as Treasurer, and Sister Sue Torgersen as a Board Member. None of these officers received compensation[1].

Purpose and Activities

Specific details about the organization's day-to-day activities and mission are not readily available. However, its NTEE classification suggests a focus on housing and services related to senior citizens. For more detailed information, consulting the organization's IRS filings or contacting them directly may be necessary.

Tax Filings

Nazareth Inc. files its tax returns annually with the IRS, submitting Form 990, which provides detailed information about its finances and governance[1].