Overview
What is Mid-Atlantic Food Trade Organization?
The Mid-Atlantic Food Trade Organization is a nonprofit based in Reading, Pennsylvania, with a mission to enhance lives by contributing to charity, offering education, granting scholarships, and hosting social events. They promote and advance the food marketing industry and culture through these initiatives. Notably, they ran a Community Care Package Program, collecting food, consumer products, gift cards, and coupons, and distributing them to those in need, recognizing essential workers, and supporting local hunger relief organizations. This program resulted in a significant contribution to Philabundance, a prominent food bank in the Delaware Valley. The organization's charitable efforts also include expenses for marketing and supplies.
Official website here: www.mafto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Mid-Atlantic Food Trade Organization has received a 76% rating from Charity Navigator, which translates to a Three-Star designation. This score is derived solely from its Accountability & Finance beacon, indicating a strong emphasis on these areas. The organization has excelled in several aspects, including full independence of its board members, with all 10 members being independent, and maintaining a strong program expense ratio of 88.19%.
Despite these strengths, there are notable limitations regarding the organization’s governance policies. The charity is lacking essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are critical for ensuring transparency and accountability. These missing elements could impact stakeholders' trust and the organization's overall governance framework.
While the Mid-Atlantic Food Trade Organization demonstrates effective financial management and accountability, addressing the gaps in governance policies will be essential for further enhancing its credibility and operational effectiveness. Stakeholders may benefit from ongoing monitoring of these areas to ensure continued growth and trust in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-Atlantic Food Trade Organization legitimate?
Mid-Atlantic Food Trade Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Atlantic Food Trade Organization 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.
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Official website here: www.mafto.org
What is the mission statement of Mid-Atlantic Food Trade Organization?
The Mid-Atlantic Food Trade Organization aims to enhance the quality of lives through various initiatives. These include charity work, educational programs, providing scholarships, hosting social events, and fostering networking opportunities. The organization's mission is to advance and promote its food marketing industry and culture. They have shown their commitment by launching a Community Care Package Program, which collects essential items and donates them to those in need. This program has resulted in a significant contribution to a major hunger relief organization in the Delaware Valley. The funds raised were used for marketing and supplies related to the program.
Official website here: www.mafto.org
Who is the CEO of Mid-Atlantic Food Trade Organization?
John J Brennan is the President of Mid-Atlantic Food Trade Organization.
Official website here: www.mafto.org
What is the revenue of Mid-Atlantic Food Trade Organization?
Mid-Atlantic Food Trade Organization's revenue in 2022 was $104,465.
Official website here: www.mafto.org
Who are the executives of Mid-Atlantic Food Trade Organization and what are their salaries?
There 6 volunteers at Mid-Atlantic Food Trade Organization.
Here are 24 key members and their salaries:
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Official website here: www.mafto.org
Where can I find the form 990 for Mid-Atlantic Food Trade Organization?
Mid-Atlantic Food Trade Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mafto.org
Learn more at the official website: www.mafto.org
Mission Statement of Mid-Atlantic Food Trade Organization
The Mid-Atlantic Food Trade Organization, with a mission-driven approach, aims to enhance the quality of lives in diverse ways. They accomplish this through charitable initiatives, educational programs, scholarship offerings, social events, and networking opportunities. The organization's primary objective is to promote and advance the food marketing industry and culture, contributing to overall community well-being.
To fulfill its mission, the Mid-Atlantic Food Trade Organization undertakes various activities. One such initiative is their Community Care Package Program, which collects essential food items, consumer products, gift cards, and free goods coupons. These care packages provide value to consumers, recognize essential workers, and support those in need. The organization's efforts in this regard led to a substantial contribution of 37,500 to Philabundance, one of the Delaware Valley's largest hunger relief organizations. The expenses associated with this program were primarily for marketing and supplies.
In summary, the Mid-Atlantic Food Trade Organization is committed to improving lives by engaging in a wide range of activities. These activities include charitable efforts, educational programs, scholarship offerings, and networking opportunities. The organization's ultimate goal is to promote and advance the food marketing industry and culture, while also giving back to the community and supporting those in need. The Mid-Atlantic Food Trade Organization's initiatives, such as the Community Care Package Program, demonstrate their dedication to making a positive impact on the lives of individuals and the community as a whole.
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Impact
October, 2024
The Mid-Atlantic Food Trade Organization significantly enhances community well-being through a variety of initiatives aimed at enriching the food marketing industry and supporting those in need. One of its key programs is the Community Care Package Program, which collects food, consumer products, gift cards, and free goods coupons to support essential workers and individuals facing hardships. This initiative not only provides immediate relief but also fosters a sense of community by recognizing the contributions of essential workers during challenging times.
Additionally, the organization has made a substantial impact by contributing $37,500 to Philabundance, a leading hunger relief organization in the Delaware Valley. This financial support highlights the organization's commitment to addressing food insecurity within the region. By investing in charitable efforts, educational opportunities, and networking events, the Mid-Atlantic Food Trade Organization plays a vital role in advancing the food marketing industry while simultaneously improving the quality of life for many in the community.
This information is meant to be a general summary of Mid-Atlantic Food Trade Organization. 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: $2,223
- Program Service Revenue: $93,593
- Gross Receipts: $308,388
Assets and Liabilities:
- Total Assets: $616,630
- Total Liabilities: $0
- Net Assets: $616,630
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHILABUNDANCE
Revenue
$52,900
CHRISTMAS FOR ALL KIDS
Revenue
$26,635
INDUSTRY SCHOLARSHIPS
Revenue
$14,058
Organization Details
Founding Year
1986
Phone
(484) 577-9791Principal Officer
John J Brennan
Main Address
2612 WHITTIER AVENUE, READING, PA, 19608
Website
www.mafto.orgNTEE Category
Code: Z99 - Unknown
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