RAINBOW NETWORK INC
7123 VALBURN DRIVE, AUSTIN, TX 78731 www.rainbownetwork.org

Total Revenue
$1,717,103
Total Expenses
$1,583,005
Net Assets
$740,163

Organizations Filed Purposes: TO SHARE THE LOVE OF JESUS CHRIST WITH NICARAGUA'S POOREST PEOPLE BY PARTNERING WITH THEM IN HEALTHCARE, EDUCATION, ECONOMIC DEVELOPMENT, AND HOUSING. THEIR WORK TARGETS REMOTE LOCATIONS WHERE PEOPLE ARE SUFFERING IN DIRT-FLOOR SHACKS; WHERE THERE IS A LACK OF SANITATION, PURE WATER, AND MEDICAL CARE; AND WHERE EDUCATIONAL OPPORTUNITIES ARE LIMITED.

THE ORGANIZATION BUILDS SIMPLE CONCRETE HOMES WITH A SECURE WOOD OR METAL DOOR AND A CEMENT FLOOR TO PREVENT PARASITES. THESE HOUSES ARE BUILT 25 AT A TIME AND PROVIDED TO RECIPIENT FAMILIES FOR THE COST OF BUILDING SUPPLIES FINANCED WITH NO INTEREST OVER A 10-25 YEAR PERIOD. COMMUNITY PARTICIPATION IS ESSENTIAL TO THE RAINBOW NETWORK'S HOUSING MODEL AND REFLECTS THE ORGANIZATION'S ROOTS IN HABITAT FOR HUMANITY. THE PRIDE AND EMPOWERMENT BUILT THROUGH THIS MODEL, TRANSFERS INTO RESPONSIBILITY AND LIFELONG BENEFITS FOR HOMEOWNERS AND THEIR CHILDREN.

THE ORGANIZATIONS'S ECONOMIC DEVELOPMENT PROGRAM FOCUSES ON MICRO ENTERPRISE LOANS, AVERAGING ABOUT 280. THE ORGANIZATION HAS ABOUT 3,000 LOANS OUTSTANDING AT ANY GIVEN TIME. IT ORGANIZES SMALL COMMUNITY "BANKS" WITH ABOUT 15 MEMBERS. THE MEMBERS AGREE TO HELP EACH OTHER AND PAY BACK LOANS ON BEHALF OF ANY MEMBER THAT IS UNABLE TO MAKE PAYMENTS. THE ORGANIZATION PROVIDES TRAINING TO HELP THE RECIPIENTS OF THEIR LOANS SUCCESSFULLY OPERATE A SMALL BUSINESS.

PROFESSIONAL HEALTHCARE DOES NOT EXIST IN MOST OF THE COMMUNITIES OF THE COMMUNITIES WHERE THE ORGANIZATION OPERATES. THE ORGANIZATION'S GOAL IS TO PROVIDE AT LEAST BASIC MEDICAL SERVICES NEEDED TO RELEIVE PAIN AND SUFFERING PLUS KEEP THE POPULATION HEALTHY AND FREE OF TREATABLE DISEASES. IT OFFERS SUPPORT TO THOSE WITH SPECIAL MEDICAL NEEDS THAT ARE BEYOND BASIC MEDICAL CARE, NOT ONLY ARRANGING FOR THE CARE, BUT ALSO ALL THE COSTS ASSOCIATED WITH THE SPECIAL TREATMENT AND/OR HOSPITAL NEEDED TO TREAT THE AILMENT, SURGERY OR REHABILITATION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Megan HerreraEXECUTIVE DI40$76,922
Kari WilsonDIRECTOR1$0
John StaffordDIRECTOR1$0
Oscar StadthagenDIRECTOR1$0
Steve SonheimSECRETARY1$0
Chuck SauerCHAIRPERSON1$0
Luis Alonso Perez OrdonezDIRECTOR1$0
Will MooreVICE CHAIRPE1$0
Bill MooreDIRECTOR1$0
John MoneymakerDIRECTOR1$0
Cleo KottwitzDIRECTOR1$0
Bob HockmanTREASURER1$0
Jay GuffeyDIRECTOR1$0
Rev Andy BryanDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023189349312837_public.xml