Overview
What is Iron Gate Inc?
Iron Gate Inc, located in Tulsa, Oklahoma, is a compassionate nonprofit organization dedicated to addressing hunger and homelessness in the community. Their primary activity involves operating a daily soup kitchen, serving nutritious meals from 8:30 AM to 10:30 AM every day of the year. In 2022 alone, Iron Gate provided 222,486 meals, benefiting a total of 93,397 individuals. Their mission is to treat everyone, regardless of their circumstances, as guests on this earth, fostering an environment of courtesy, kindness, and respect. The organization employs a team of 30 individuals, working tirelessly to ensure that the hungry and homeless of Tulsa have access to food and support.
Official website here: www.irongatetulsa.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% (Four-Star out of Four Star rating).
Iron Gate Inc has achieved a perfect score of 100%, which reflects its exceptional performance in the area of Accountability & Finance. This rating is significant as it highlights the organization's commitment to transparency and effective financial management, ensuring that funds are utilized efficiently in support of its mission.
The nonprofit demonstrates strong governance practices, with a fully independent board of directors and rigorous financial oversight mechanisms in place. It has implemented essential policies such as conflict of interest and whistleblower protections, contributing to a culture of accountability. Additionally, with a program expense ratio of 83.73%, the organization dedicates a substantial portion of its budget to direct programs and services, indicative of its mission-driven focus.
Despite its strengths, the data does not indicate any specific limitations or areas for improvement. The organization’s low liabilities to assets ratio, combined with a substantial working capital ratio, suggests financial stability and resilience, making Iron Gate Inc a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Iron Gate Inc legitimate?
Iron Gate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Gate 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: $111,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $759,050
For more financial information, click here
Official website here: www.irongatetulsa.org
What is the mission statement of Iron Gate Inc?
Iron Gate Inc's mission is centered around alleviating hunger and homelessness. The organization operates on the belief that everyone is a guest on Earth, and as such, treats its guests with courtesy, kindness, and respect. They accomplish this mission through various means, including a soup kitchen, a grocery pantry, and a kids' pantry, ensuring daily nourishment for those in need. The charity invites its beneficiaries to eat with them, promoting an inclusive atmosphere.
Official website here: www.irongatetulsa.org
Who is the CEO of Iron Gate Inc?
Carrie Vesely Henderson is the Board Chair & President of Iron Gate Inc.
Official website here: www.irongatetulsa.org
What is the revenue of Iron Gate Inc?
Iron Gate Inc's revenue in 2022 was $2,062,580.
Official website here: www.irongatetulsa.org
Who are the executives of Iron Gate Inc and what are their salaries?
The average compensation at Iron Gate Inc during 2022 was $29,016. There are 30 employees and 1650 volunteers at Iron Gate Inc.
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- Compensation: $111,437
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Official website here: www.irongatetulsa.org
Where can I find the form 990 for Iron Gate Inc?
Iron Gate Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.irongatetulsa.org
Learn more at the official website: www.irongatetulsa.org
Mission Statement of Iron Gate Inc
Iron Gate Inc, a nonprofit organization, is dedicated to addressing the issue of hunger and homelessness in its community. Its mission is straightforward and compassionate: to provide nourishment and support to those in need every day. This is accomplished through three distinct channels: the soup kitchen, the grocery pantry, and the Kids Pantry. The individuals who benefit from these services are referred to as guests, reflecting Iron Gate Inc's belief in the inherent dignity and worth of all people. The organization's philosophy is rooted in the idea that everyone is a guest on this earth, and as such, guests should treat one another with courtesy, kindness, and respect. This approach creates an atmosphere of inclusivity and compassion, ensuring that those in need feel welcomed and supported.
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Impact
October, 2024
Iron Gate Inc has a profound impact on the community of Tulsa by providing essential food resources to those in need. Every day, it operates a daily soup kitchen where nutritious, home-cooked meals are served from 8:30 AM to 10:30 AM. In 2022 alone, Iron Gate provided 222,486 meals, positively affecting the lives of 93,397 individuals.
The organization operates through three main initiatives: a soup kitchen, a grocery pantry, and a kids' pantry. This comprehensive approach ensures that not only are immediate nutritional needs met, but also that families have access to groceries and resources for their children. Iron Gate fosters a sense of dignity and respect for those it serves, referring to patrons as "guests," which embodies its core philosophy that everyone deserves kindness and courtesy.
By actively engaging with the community and addressing food insecurity, Iron Gate Inc plays a crucial role in alleviating hunger and supporting the well-being of the most vulnerable populations in Tulsa.
This information is meant to be a general summary of Iron Gate 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: $84,053
- Program Service Revenue: $16,950
- Gross Receipts: $2,094,553
Assets and Liabilities:
- Total Assets: $10,469,285
- Total Liabilities: $2,812
- Net Assets: $10,466,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$16,950
Organization Details
Founding Year
1984
Phone
(918) 879-1702Principal Officer
Carrie Vesely Henderson
Main Address
501 W ARCHER ST, TULSA, OK, 74103
Website
www.irongatetulsa.orgNTEE Category
Code: X192 - Religion related
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