Overview
What is Preble Street?
Preble Street is a prominent nonprofit organization based in Portland, Maine. With a team of 393 employees, they provide vital services to address the needs of individuals and families struggling with homelessness, housing, hunger, and poverty. Their primary mission is to empower people in need and advocate for lasting solutions. Preble Street operates a Food Program that prepares and distributes nearly one million meals annually. Through their Food Security Hub, they prepare meals for homeless and low-income guests in shelters, quarantine centers, and other service providers. Soup kitchens serve three meals daily, and their food pantry distributes emergency food boxes, including culturally appropriate meals to immigrants, refugees, and asylum seekers. Additionally, mobile food programs distribute prepared meals and essential needs to homeless individuals throughout Portland.
Official website here: www.preblestreet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
Preble Street has received an exemplary Four-Star rating from Charity Navigator, reflecting its outstanding performance in accountability and finance. With perfect scores in critical areas such as leadership adaptability and financial oversight, the organization demonstrates a strong commitment to maintaining high standards of governance. The presence of a fully independent board and comprehensive policies for conflict of interest, whistleblowing, and document retention further enhances its credibility.
The nonprofit excels in program efficiency, boasting a program expense ratio of 86.48%, indicating that a significant portion of its resources is directed toward its mission. Preble Street's strategic goals focus on improving food access, combating chronic homelessness, and fostering a culture of equity, which highlights its dedication to addressing pressing community issues. The organization also prioritizes feedback collection and usage, ensuring that stakeholder input shapes its operations and initiatives.
Despite its many strengths, the organization acknowledges the ongoing challenges it faces, particularly in adapting to changing needs and environments, as seen during the COVID-19 pandemic. Nonetheless, Preble Street's investment in leadership development and its proactive approach to adaptability position it as a resilient and effective nonprofit committed to making a meaningful impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Preble Street legitimate?
Preble Street is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preble Street 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $193,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,745,028
For more financial information, click here
Official website here: www.preblestreet.org
What is the mission statement of Preble Street?
Preble Street is a non-profit organization dedicated to providing accessible and barrier-free services to empower individuals dealing with issues of homelessness, housing insecurity, hunger, and poverty. Their mission is to advocate for solutions to these problems and offer essential services to those in need. The organization operates food programs, preparing and distributing approximately one million meals annually to homeless and low-income individuals and families, including culturally appropriate meals for immigrants, refugees, and asylum seekers. Preble Street operates soup kitchens, serving three meals a day, 365 days a year, and a food pantry distributing emergency food boxes five days a week. Additionally, they have collaborative caseworkers who distribute meals and other essentials to unhoused people through mobile food programs.
Official website here: www.preblestreet.org
Who is the CEO of Preble Street?
Mark R Swann is the President of Preble Street.
Official website here: www.preblestreet.org
What is the revenue of Preble Street?
Preble Street's revenue in 2022 was $24,166,217.
Official website here: www.preblestreet.org
Who are the executives of Preble Street and what are their salaries?
The average compensation at Preble Street during 2022 was $30,379. There are 393 employees and 988 volunteers at Preble Street.
Here are 21 key members and their salaries:
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Official website here: www.preblestreet.org
Where can I find the form 990 for Preble Street?
Preble Street's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preblestreet.org
Learn more at the official website: www.preblestreet.org
Mission Statement of Preble Street
Preble Street, a leading nonprofit organization, is dedicated to making a difference in the lives of those experiencing homelessness, housing insecurity, hunger, and poverty. Their mission is clear: to provide accessible, barrier-free services that empower individuals in need and advocate for lasting solutions to these complex issues.
At the heart of Preble Street's efforts are their food programs. They are the largest direct service emergency food provider in Northern New England, preparing and distributing approximately one million meals each year. Preble Street's Food Security Hub cooks up meals twice daily for guests at homeless shelters, quarantine shelters, and other service providers. In addition, they operate Soup Kitchens, serving three meals a day, 365 days a year, at the Teen Center and Florence House. Their Food Pantry distributes emergency food boxes to individuals and families five days a week, including culturally appropriate meals for immigrants, refugees, and asylum seekers. Furthermore, their Mobile Food program distributes prepared meals via street outreach to unhoused people throughout Portland, offering essential needs in addition to meals.
Preble Street's commitment to addressing the root causes of homelessness, housing insecurity, hunger, and poverty extends beyond their food programs. They also employ collaborative caseworkers who distribute meals and essentials twice a day, connecting with unhoused individuals throughout the city to offer support and resources. Through their advocacy efforts, Preble Street champions for lasting solutions to these pressing issues, empowering those in need and working towards a more equitable society.
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Impact
August, 2024
Preble Street's impact is far-reaching, providing accessible, barrier-free services to empower individuals experiencing homelessness, housing issues, hunger, and poverty. Through its food programs, Preble Street is the largest direct service emergency food provider in northern New England, preparing and distributing approximately one million meals annually to meet the nutritional needs of homeless and low-income individuals and families.
Specifically, Preble Street's food programs play a vital role in addressing food insecurity by operating a Food Security Hub that prepares meals twice a day for guests at homeless shelters, quarantine shelters, and other service providers. Additionally, their soup kitchens serve three meals a day, 365 days a year at the Teen Center and Florence House. The food pantry distributes emergency food boxes to individuals and families in need, including culturally appropriate meals to immigrants, refugees, and asylum seekers five days a week. Further, Preble Street's mobile food program distributes prepared meals via street outreach collaborative caseworkers to unsheltered individuals throughout Portland.
Overall, Preble Street's dedication to providing essential services and advocating for solutions to homelessness, hunger, and poverty has a significant impact on the community, helping individuals in need access the support and resources necessary to improve their quality of life and well-being.
This information is meant to be a general summary of Preble Street. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $510,578
- Gross Receipts: $24,971,374
Assets and Liabilities:
- Total Assets: $31,889,328
- Total Liabilities: $8,667,720
- Net Assets: $23,221,608
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Organization Details
Founding Year
1977
Phone
(207) 775-0026Principal Officer
Mark R Swann
Main Address
55 PORTLAND STREET, PORTLAND, ME, 04101
Website
www.preblestreet.orgNTEE Category
Code: P300 - Human services
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