Overview
What is Amo Membership Assistance Program Trust?
The Amo Membership Assistance Program Trust is a nonprofit organization established to aid members of Amo, retired Amo members, and their families facing financial hardships due to natural disasters, such as Hurricane Katrina, and future emergencies. Their mission is to extend assistance in various forms, including financial aid, to those eligible members who have been affected by these catastrophes. The trust provides disaster assistance to eligible members as part of its programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
The Amo Membership Assistance Program Trust has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement, particularly in governance and transparency. With an overall score of 71%, the organization demonstrates a strong program expense ratio of 93.53%, suggesting that a substantial portion of its funding is directed towards its programs rather than administrative costs.
However, the organization has notable weaknesses, particularly in board independence and financial transparency. There are no independent board members, which raises concerns about governance practices. Additionally, the nonprofit has not made key documents, such as board meeting minutes and its tax form, available on its website, resulting in a lack of transparency that is critical for donor trust.
On a positive note, the organization has a strong conflict of interest policy, a whistleblower policy, and a document retention policy in place, indicating some commitment to accountability. The absence of material diversion of assets is also a positive aspect, reflecting responsible financial management. Overall, while the Amo Membership Assistance Program Trust shows promise through its program delivery, it needs to enhance its governance and transparency practices to improve its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Amo Membership Assistance Program Trust legitimate?
Amo Membership Assistance Program Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amo Membership Assistance Program Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Amo Membership Assistance Program Trust?
The Amo Membership Assistance Program Trust is committed to offering assistance, both financial and otherwise, to members of Amo, retired members of Amo, and their families who have been affected by the devastation caused by natural disasters and emergencies, such as Hurricane Katrina. Their mission is to provide aid to those eligible members who require financial assistance during these challenging times. The trust's programs include providing disaster relief to eligible members.
Who is the CEO of Amo Membership Assistance Program Trust?
Thom Heaton is the Vice President Trustee of Amo Membership Assistance Program Trust.
What is the revenue of Amo Membership Assistance Program Trust?
Amo Membership Assistance Program Trust's revenue in 2022 was $91,371.
Who are the executives of Amo Membership Assistance Program Trust and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $242,478
- Other: $64,321
- Compensation: $0
- Related: $234,133
- Other: $73,171
- Compensation: $0
- Related: $108,564
- Other: $53,051
- Compensation: $0
- Related: $236,684
- Other: $73,575
- Compensation: $0
- Related: $254,901
- Other: $72,960
- Compensation: $0
- Related: $236,752
- Other: $73,191
Where can I find the form 990 for Amo Membership Assistance Program Trust?
Amo Membership Assistance Program Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Amo Membership Assistance Program Trust
The Amo Membership Assistance Program Trust is a philanthropic organization with a mission to extend aid, both financially and otherwise, to members of the Amo association, as well as retired members and their families. This assistance is provided in response to the hardships faced due to the catastrophic effects of natural disasters, such as Hurricane Katrina, and other emergencies. The trust's primary objective is to alleviate the financial burdens that these calamities may impose upon its eligible members, thereby offering them a degree of support during their time of need. The Amo Membership Assistance Program Trust's programs are designed to provide disaster assistance to those who qualify, demonstrating its commitment to assisting its members in overcoming the challenges posed by such events.
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Impact
October, 2024
The Amo Membership Assistance Program Trust significantly impacts the lives of AMO members, retired members, and their families by offering vital financial assistance in the aftermath of devastating events like Hurricane Katrina, as well as for future natural disasters and emergencies. This initiative ensures that those in need can access critical support when facing the challenges brought about by such disasters.
Through its programs, the Trust provides disaster assistance tailored to the eligibility of its members, helping families recover, rebuild, and regain stability. By focusing on community resilience, the Trust not only alleviates immediate financial burdens but also fosters a sense of solidarity among members, ensuring that no one faces the aftermath of a disaster alone. The support extends beyond financial aid, addressing the broader emotional and social needs of individuals and families during difficult times. Ultimately, the Amo Membership Assistance Program Trust plays a crucial role in enhancing public safety by empowering its members to navigate the uncertainties associated with natural disasters.
This information is meant to be a general summary of Amo Membership Assistance Program Trust. 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: $26,490
- Gross Receipts: $1,104,974
Assets and Liabilities:
- Total Assets: $486,166
- Total Liabilities: $0
- Net Assets: $486,166
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Organization Details
Founding Year
2005
Phone
(954) 921-2221Principal Officer
Thom Heaton
Main Address
601 S FEDERAL HIGHWAY, DANIA BEACH, FL, 33004
NTEE Category
Code: M20 - Public safety
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