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The Food Bank Network Of Somersert County Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222405550 ✦ Bound brook, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Food Bank Network Of Somersert County Inc?

The Food Bank Network Of Somersert County Inc is a nonprofit organization situated in Bound Brook, New Jersey. Its primary mission is to alleviate food insecurity in the region by distributing over a million pounds of food annually to approximately 4,800 families. The organization also operates the Backpack Program, providing easy-to-prepare food bags to around 600-800 children each week in 16 elementary schools. In addition to food assistance, The Food Bank Network of Somerset County Inc offers emergency relief, such as prescription drug purchases, funding for eye exams and glasses, and utility bill aid to prevent shutoffs. Holiday meals and gifts are also provided during specific times of the year. The organization's efforts extend to weekly food pantries in Somerville, Bound Brook, and North Plainfield, as well as responding to family needs during natural disasters and the 2020 pandemic. Furthermore, when USDA government surplus food is available, the organization distributes it, and it purchases specialized dietary food for individuals with health issues who lack financial resources. Weekend meals are also delivered to senior citizens living in isolation.


Official website here: www.somersetfoodbank.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Stars)

The Food Bank Network of Somerset County Inc received an 85% rating from Charity Navigator, indicating a good level of accountability and financial health. This rating is based entirely on the organization’s Accountability & Finance metrics, showcasing its commitment to transparency and effective management of resources.

Strengths noted include a fully independent board with eight members, robust financial practices such as a low liabilities-to-assets ratio, and a high program expense ratio of 95.25%, demonstrating that the majority of funds are directed toward programming rather than administrative costs. The organization also exhibits strong governance practices by documenting board meeting minutes and ensuring all tax forms are shared with the board prior to filing.

While the nonprofit shows a solid financial footing, the score reflects a singular focus on accountability and finance, which may limit insights into other operational aspects such as program effectiveness or community impact. Overall, the Food Bank Network is positioned well in terms of fiscal responsibility and governance.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Food Bank Network Of Somersert County Inc?

100% of 11 reviewers on Facebook recommend The Food Bank Network of Somerset County Inc. Here is a summary of their reviews:

The feedback highlights a strong appreciation for the essential services provided by the nonprofit. Reviewers emphasize the importance of the food bank in the community, noting that it is a crucial resource for those in need. The overall sentiment reflects gratitude towards the organization for its efforts in alleviating hunger and supporting families within the area.

Many reviewers express their satisfaction by stating they are proud to contribute to such a valuable initiative, underscoring the positive impact the food bank has on the local community. Overall, it’s evident that The Food Bank Network of Somerset County Inc. successfully meets the needs of those it serves.


This AI summary has been generated from reviews found on Facebook.

Is The Food Bank Network Of Somersert County Inc legitimate?

The Food Bank Network Of Somersert County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Food Bank Network Of Somersert County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,181

For more financial information, click here


Official website here: www.somersetfoodbank.org

What is the mission statement of The Food Bank Network Of Somersert County Inc?

The Food Bank Network of Somerset County Inc is an organization committed to providing assistance to individuals in need. Its primary activities include operating weekly food pantries in various locations and distributing emergency food aid on a daily basis. The organization addresses the food needs of individuals referred by social agencies and provides aid during natural disasters such as flooding, fires, and the 2020 pandemic. Additionally, the Food Bank Network distributes USDA government surplus food, purchases special dietary food for those with health problems who lack funds, and delivers weekend meals to senior citizens with inadequate fixed incomes. The organization's efforts extend to individuals and families falling between the cracks of existing public programs, including single-parent families, low-income families, long-term unemployed or underemployed persons, and senior citizens.


Official website here: www.somersetfoodbank.org

Who is the CEO of The Food Bank Network Of Somersert County Inc?

Gordon S White Iii is the President of The Food Bank Network Of Somersert County Inc.


Official website here: www.somersetfoodbank.org

What is the revenue of The Food Bank Network Of Somersert County Inc?

The Food Bank Network Of Somersert County Inc's revenue in 2022 was $2,914,417.


Official website here: www.somersetfoodbank.org

Who are the executives of The Food Bank Network Of Somersert County Inc and what are their salaries?

The average compensation at The Food Bank Network Of Somersert County Inc during 2022 was $40,036. There are 5 employees and 100 volunteers at The Food Bank Network Of Somersert County Inc.


Here are 8 key members and their salaries:


Gordon S White Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Simpkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sumita Saini (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Fenco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Mullen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Perantoni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cress Dominic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Katz (Executive Director)
  • Compensation: $100,000
  • Related: $0
  • Other: $0


Official website here: www.somersetfoodbank.org

Where can I find the form 990 for The Food Bank Network Of Somersert County Inc?

The Food Bank Network Of Somersert County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.somersetfoodbank.org

Learn more at the official website: www.somersetfoodbank.org

Mission Statement of The Food Bank Network Of Somersert County Inc

The Food Bank Network of Somerset County Inc is dedicated to providing essential aid to individuals in need within Somerset County, New Jersey. Their mission encompasses offering food, emergency relief assistance, and prescription drug assistance to those who are economically disadvantaged. The organization operates weekly food pantries in Somerville, Bound Brook, and North Plainfield, catering to a diverse range of individuals and families referred by social agencies. In times of crisis, such as natural disasters like floods or fires, or during periods of hardship like the 2020 pandemic, the Food Bank Network responds promptly to provide immediate relief.

In addition to their weekly food pantry services, the organization distributes USDA government surplus food whenever available. They also purchase special dietary food for individuals with health issues who are financially strained. Furthermore, the Food Bank Network delivers weekend meals to senior citizens who are shut-ins, ensuring they have adequate nutrition. The organization's beneficiaries include single-parent families, low-income families, long-term unemployed or underemployed individuals, senior citizens with inadequate fixed incomes, and those who fall through the cracks of existing public programs.

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Impact




October, 2024

The Food Bank Network of Somerset County Inc has a profound impact on the local community by addressing food insecurity and providing crucial support to vulnerable populations. In 2022 alone, the organization distributed over 1,260,000 pounds of food to approximately 4,800 families. Their initiatives include weekly food pantries in Somerville, Bound Brook, and North Plainfield, ensuring that those in need have consistent access to essential nutrition.

In addition to regular food distribution, the organization runs a Backpack Program that supplies easy-to-prepare food bags to approximately 600-800 children each week in 16 elementary schools. This initiative not only helps alleviate hunger among students but also supports their educational success.

The Food Bank Network doesn’t stop at food; it also focuses on emergency relief assistance. It aids those facing immediate financial crises by offering prescription drug assistance, covering costs for eye exams and glasses, and preventing emergency utility shutoffs. Their response to natural emergencies, such as flooding and the COVID-19 pandemic, highlights their commitment to serving those in crisis.

Additionally, by distributing USDA surplus food and providing special dietary needs for individuals with health issues, they ensure that diverse needs are met. Their dedication extends to delivering weekend meals to shut-in senior citizens, addressing the specific challenges faced by the elderly in the community.

Through these comprehensive services, the organization significantly impacts the lives of single-parent families, low-income households, long-term unemployed individuals, and seniors struggling on fixed incomes, fostering a community where everyone has access to the basic necessities of life.




This information is meant to be a general summary of The Food Bank Network Of Somersert County 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.

Revenue
$2,914,417 (2022)
Expenses
$3,067,638 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$132,859
  • Gross Receipts: $3,180,839

Assets and Liabilities:

  • Total Assets: $2,587,947
  • Total Liabilities: $11,701
  • Net Assets: $2,576,246

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Organization Details

Founding Year

1982

Principal Officer

Gordon S White Iii

Main Address

PO BOX 149, BOUND BROOK, NJ, 08805

NTEE Category

Code: K31Z - Food

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