Overview
What is Marketplace Integration And Developement Corp?
Marketplace Integration and Development Corp, based in Fairfield, Texas, is a nonprofit organization with a mission centered around religious activities. They primarily focus on translating and distributing religious writings, organizing religious services, and promoting inter-religious and cross-cultural reconciliation education. Their core objective involves supporting and training religious leaders for scripture engagement, translating and disseminating resources for scripture engagement, and providing models of social reconciliation. Additionally, they offer religious and cross-cultural education. With a modest workforce of 4 individuals, this organization strives to foster unity and understanding in various religious communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating. This rating indicates an overall score derived entirely from the Accountability & Finance category, reflecting the organization's commitment to financial transparency and responsible governance.
Marketplace Integration and Development Corp demonstrates strong accountability practices, with a high percentage of independent board members and thorough financial oversight measures. Notably, the organization has a clear conflict of interest policy, maintains comprehensive board meeting minutes, and has successfully avoided material diversion of assets, all contributing positively to its accountability score.
However, there are some areas for improvement, particularly regarding the liabilities to assets ratio, which stands at 58.09%. While the program expense ratio is reasonably strong at 67.51%, enhancing financial stability could further bolster the organization's standing. Overall, the charity maintains a solid framework for accountability and finance, but attention to its liabilities could strengthen its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Marketplace Integration And Developement Corp legitimate?
Marketplace Integration And Developement Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marketplace Integration And Developement Corp 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: $57,839
Professional Fundraising Fees: $552
Other Salaries and Wages: $72,319
For more financial information, click here
What is the mission statement of Marketplace Integration And Developement Corp?
Marketplace Integration and Development Corporation is dedicated to supporting and training leaders in scripture engagement, translating and distributing related resources, promoting models of social reconciliation, and providing religious and cross-cultural education. Their mission involves facilitating the translation and distribution of religious writings, organizing religious services, and offering inter-religious and cross-cultural reconciliation education.
Who is the CEO of Marketplace Integration And Developement Corp?
Judy Sneed is the Chairman Of The Board/Secretary of Marketplace Integration And Developement Corp. The CEO's salary of Marketplace Integration And Developement Corp is $57,839 and their total compensation is $57,839.
What is the revenue of Marketplace Integration And Developement Corp?
Marketplace Integration And Developement Corp's revenue in 2022 was $519,244.
Who are the executives of Marketplace Integration And Developement Corp and what are their salaries?
The average compensation at Marketplace Integration And Developement Corp during 2022 was $32,540. There are 4 employees and 5 volunteers at Marketplace Integration And Developement Corp.
Here are 7 key members and their salaries (Marketplace Integration And Developement Corp's CEO's salary is $57,839 and their total compensation is $57,839):
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- Compensation: $57,839
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Where can I find the form 990 for Marketplace Integration And Developement Corp?
Marketplace Integration And Developement Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marketplace Integration And Developement Corp
Marketplace Integration and Development Corp, a nonprofit organization, is dedicated to supporting and training leaders for scripture engagement, translating and distributing related resources, providing models of social reconciliation, and offering religious and cross-cultural education. Its mission involves translating religious writings and organizing religious services, as well as engaging in inter-religious and cross-cultural education and reconciliation. By offering these services, Marketplace Integration and Development Corp aims to promote understanding and unity among different religious and cultural groups.
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Impact
July, 2024
Marketplace Integration And Development Corp plays a significant role in supporting and training leaders for scripture engagement, translating and distributing resources for scripture engagement, providing models of social reconciliation, and offering religious/cross-cultural education. Through its mission-focused activities, the organization contributes to the promotion of religious writings, organization of religious services, and inter-religious/cross-cultural and reconciliation education. Its impact is particularly notable in the realm of international communities where these services are valuable for enhancing cultural understanding and promoting peaceful coexistence.
This information is meant to be a general summary of Marketplace Integration And Developement Corp. 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: $4,893
- Gross Receipts: $520,351
Assets and Liabilities:
- Total Assets: $259,557
- Total Liabilities: $164,160
- Net Assets: $95,397
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Organization Details
Founding Year
2003
Phone
(903) 389-9798Principal Officer
Judy Sneed
Main Address
PO BOX 946, FAIRFIELD, TX, 75840
NTEE Category
Code: Q31 - International
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