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Wholesome Wave Inc

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

EIN: 260352899 ✦ Bridgeport, CT ✦ Designated as a 501(c)(3)

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Overview

What is Wholesome Wave Inc?

Wholesome Wave Inc is a nonprofit organization, based in Bridgeport, Connecticut, with a focus on promoting nutritional well-being among underserved communities. They lead the National Nutrition Incentive Network (NNIN), a vast network of researchers, community-based nonprofits, and program operators, sharing best practices for their flagship program that doubles the value of SNAP benefits when spent on fruits and vegetables. This network spans over 1,400 farmers markets, grocery stores, corner stores, farm stands, CSAs, community-based partners, and more, across 48 states. Wholesome Wave Inc aims to make healthy, fresh, local, and regional food affordable for those who need it most, thereby encouraging healthier food choices among the underserved. The organization currently has a workforce of 14 employees.


Official website here: www.wholesomewave.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 88% - Three-Star out of Four Star Rating

Wholesome Wave Inc. has received an 88% score, which translates to a Three-Star rating, indicating a strong performance in accountability and finance. The organization boasts an impressive Accountability & Finance score of 85 and a perfect Leadership & Adaptability score of 100. The charity's commitment to transparency is evident, with all financial documents properly listed and independent oversight in place.

The strengths of Wholesome Wave Inc. are further highlighted by its high marks in culture and community, scoring 94. The organization demonstrates a commitment to equity and invests significantly in leadership development, suggesting a robust framework for ensuring its mission is effectively carried out. The majority of its board members are independent, enhancing its governance structure.

However, while the overall financial health appears solid, the rating reflects areas like adaptability and culture that, despite scoring well, present opportunities for further improvement. The organization may focus on enhancing its community engagement strategies to complement its strong financial practices and leadership initiatives.


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

Is Wholesome Wave Inc legitimate?

Wholesome Wave Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wholesome Wave 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: $235,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $529,067

For more financial information, click here


Official website here: www.wholesomewave.org

What is the mission statement of Wholesome Wave Inc?

Wholesome Wave Inc aims to encourage healthier food choices among underprivileged consumers by enhancing their access to fresh, local, and regional produce. They lead a national network of researchers, community-based nonprofits, and program operators to share best practices on their flagship program, which doubles the value of SNAP benefits when spent on fruits and vegetables. This network consists of over 1,400 farmers markets, grocery stores, corner stores, farm stands, CSAs, community-based partners, and more across 48 states, helping them make produce more affordable for those who need it most.


Official website here: www.wholesomewave.org

Who is the CEO of Wholesome Wave Inc?

Natalia Feinstein is the President of Wholesome Wave Inc. The CEO's salary of Wholesome Wave Inc is $107,383 and their total compensation is $113,636.


Official website here: www.wholesomewave.org

What is the revenue of Wholesome Wave Inc?

Wholesome Wave Inc's revenue in 2022 was $1,621,720.


Official website here: www.wholesomewave.org

Who are the executives of Wholesome Wave Inc and what are their salaries?

The average compensation at Wholesome Wave Inc during 2022 was $54,637. There are 14 employees and 20 volunteers at Wholesome Wave Inc.


Here are 13 key members and their salaries (Wholesome Wave Inc's CEO's salary is $107,383 and their total compensation is $113,636):


Michel Nischan (President)
  • Compensation: $125,962
  • Related: $0
  • Other: $0
Ed Kelly (Marcom Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen O'Connor (Finance Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Goggans (Data Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Hicks Herr (Development Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariel Pica (Ww Junior Board Chair)
  • Compensation: $8,012
  • Related: $0
  • Other: $0
Daniel Ross (Board Member (New Dec 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dipa Shah-Patel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Deans Martell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Perkins (Ceo Thru 6/30/22/Fed Committee Chair Since 7/1/22)
  • Compensation: $107,383
  • Related: $0
  • Other: $6,253
Natalia Feinstein (Executive Director)
  • Compensation: $108,193
  • Related: $0
  • Other: $23,160
Amy Jolin (Director Of Development)
  • Compensation: $101,516
  • Related: $0
  • Other: $5,255
Brent Ling (Director Of External Affairs)
  • Compensation: $113,921
  • Related: $0
  • Other: $6,294


Official website here: www.wholesomewave.org

Where can I find the form 990 for Wholesome Wave Inc?

Wholesome Wave Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wholesomewave.org

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

Mission Statement of Wholesome Wave Inc

Wholesome Wave Inc, a renowned nonprofit organization, strives to motivate underserved consumers to make healthier food choices by enhancing affordable access to fresh, local, and regional produce. By leading a national network of researchers, community-based nonprofits, and program operators, this organization shares best practices on their flagship program, which effectively doubles the value of SNAP (formerly known as Food Stamps) when spent on fruits and vegetables. With over 1,400 partner locations, including farmers markets, grocery stores, corner stores, farm stands, CSAs, and community-based partners across 48 states, Wholesome Wave Inc helps these establishments make produce more affordable for those who need it the most. This mission aims to improve the dietary habits and overall health of underserved communities by making nutritious food more accessible and affordable.

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Impact




June, 2024

Wholesome Wave Inc inspires underserved consumers to make healthier food choices by increasing affordable access to fresh, local, and regional food. Their flagship program, the National Nutrition Incentive Network (NNIN) / Doubling SNAP, doubles the value of SNAP benefits when spent on fruits and vegetables. This initiative impacts over 1,400 farmers markets, grocery stores, corner stores, farm stands, CSAs, and community-based partners across 48 states, making produce more affordable for those who need it most. Through their efforts, Wholesome Wave Inc is improving access to nutritious food and promoting healthier eating habits in underserved communities.




This information is meant to be a general summary of Wholesome Wave 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
$1,621,720 (2022)
Expenses
$1,863,688 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$88
  • Program Service Revenue: $126,892
  • Gross Receipts: $1,627,361

Assets and Liabilities:

  • Total Assets: $834,069
  • Total Liabilities: $709,766
  • Net Assets: $124,303

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM INCOME

Revenue

$126,892

Organization Details

Founding Year

2007

Principal Officer

Natalia Feinstein

Main Address

PO BOX 3968, BRIDGEPORT, CT, 06605

NTEE Category

Code: C02 - Environment

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