Overview
What is Providence Ministries For The Needy Inc?
Providence Ministries For The Needy Inc, based in Holyoke, Massachusetts, is a nonprofit organization dedicated to supporting individuals in need. Their primary initiatives include Margaret's Pantry and St. Jude's clothing center. Margaret's Pantry, located at 56 Cabot Street, offers monthly food distributions of about 75 pounds per person to families and children in need, based on referrals. This pantry is part of the foodbank of Western MA and collaborates with local supermarkets, farms, and other donors to distribute perishables and non-perishables. During 2022, Margaret's Pantry served 18,663 individuals. St. Jude's clothing center, situated within the pantry area at 56 Cabot Street, provides no-cost or low-cost clothing and small household goods to the community. This center often assists families affected by natural disasters or fires. The organization's mission, as stated, is to provide for and assist in the feeding, housing, and caring for those in need. With a team of 14 employees, Providence Ministries For The Needy Inc carries out its mission in Holyoke and surrounding areas.
Official website here: www.provministries.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Providence Ministries For The Needy Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finances. The organization boasts an impressive independent board, with 100% of its members being independent, enhancing its governance. Additionally, the charity has demonstrated effective financial management, as evidenced by a low liabilities to assets ratio of 3.95% and a high program expense ratio of 86.14%, indicating that most of its funds are directed towards its programs.
The charity's commitment to transparency is evident through the presence of a conflict of interest policy, whistleblower policy, and documented board meeting minutes. All these factors contribute to its overall score in accountability and finance, showcasing a well-structured organization that prioritizes ethical practices and stakeholder trust.
While the organization appears to be well-managed with no reported material diversion of assets, potential supporters should consider the context and impact of its programs alongside financial data for a holistic understanding of its effectiveness in serving those in need.
This AI summary has been generated from information found on Charity Navigator.
Is Providence Ministries For The Needy Inc legitimate?
Providence Ministries For The Needy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Ministries For The Needy Inc 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: $73,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $359,131
For more financial information, click here
Official website here: www.provministries.org
What is the mission statement of Providence Ministries For The Needy Inc?
Providence Ministries For The Needy Inc is dedicated to supporting individuals in need. Their mission is to offer assistance in providing food, housing, and basic care to those who are struggling. This is achieved through initiatives like Margaret's Pantry, which distributes food to families and children in need, and St. Jude's clothing center, which provides affordable clothing and household items. The organization also extends aid to families affected by natural disasters and fires. In 2022, they served over 18,000 individuals through these programs.
Official website here: www.provministries.org
Who is the CEO of Providence Ministries For The Needy Inc?
Jennie Adamczyk is the Executive Dir. of Providence Ministries For The Needy Inc.
Official website here: www.provministries.org
What is the revenue of Providence Ministries For The Needy Inc?
Providence Ministries For The Needy Inc's revenue in 2022 was $1,886,343.
Official website here: www.provministries.org
Who are the executives of Providence Ministries For The Needy Inc and what are their salaries?
The average compensation at Providence Ministries For The Needy Inc during 2022 was $30,883. There are 14 employees and 1581 volunteers at Providence Ministries For The Needy Inc.
Here are 13 key members and their salaries:
- Compensation: $73,224
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- Other: $16,296
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Official website here: www.provministries.org
Where can I find the form 990 for Providence Ministries For The Needy Inc?
Providence Ministries For The Needy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.provministries.org
Learn more at the official website: www.provministries.org
Mission Statement of Providence Ministries For The Needy Inc
Providence Ministries For The Needy Inc is committed to providing aid and assistance to individuals in need. Their mission, in essence, is to cater to the essentials of food and shelter for these individuals. Through their Margaret's Pantry and St. Jude's clothing center, located at 56 Cabot Street, they distribute food and clothing to families and children in need, based on referrals. The food distribution typically amounts to about 75 pounds per person and includes perishable and non-perishable items from various local sources. In addition, St. Jude's clothing center offers no-cost or low-cost clothing and small household goods to the community. The organization frequently extends its assistance to families who have been affected by natural disasters or fires. By providing these essentials, Providence Ministries For The Needy Inc strives to make a positive impact on the lives of those in need.
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Impact
July, 2024
Providence Ministries For The Needy Inc, through Margaret's Pantry and St. Jude's clothing center, has had a significant impact on the community in Holyoke, MA. In 2022 alone, they served 18,663 individuals, providing monthly food distribution of approximately 75 pounds per person to families and children in need. Additionally, St. Jude's clothing center offers no/low-cost clothing and household goods to community members, especially those displaced by natural disasters or fires. This organization plays a crucial role in ensuring that the most vulnerable members of the community have access to essential resources, making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Providence Ministries For The Needy Inc. 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: $4,623
- Program Service Revenue: $572,736
- Gross Receipts: $2,032,451
Assets and Liabilities:
- Total Assets: $1,032,679
- Total Liabilities: $40,842
- Net Assets: $991,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES
Revenue
$572,736
Organization Details
Founding Year
1988
Phone
(413) 536-9109Principal Officer
Jennie Adamczyk
Main Address
51 Hamilton Street, Holyoke, MA, 01040
Website
www.provministries.orgNTEE Category
Code: L400 - Housing
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