Overview
What is Matthew 25?
Matthew 25 is a nonprofit organization situated in Cedar Rapids, Iowa. Their primary mission is to revitalize communities by inspiring neighbors to envision possibilities, fostering sustainable reinvestment, and promoting sound public policies in designated neighborhoods. They offer a shared network of tools and resources to facilitate this process. In 2022, Matthew 25 achieved various neighborhood building goals, including rehabilitating 215 homes with 4,453.75 hours of volunteer labor and renting out 17 units of affordable housing. They also lent tools to 148 individuals. Their activities are geared towards improving the health of people and neighborhoods, achieved through investments in affordable housing, nutritious food, educational opportunities, and community building. Their vision is to create flourishing, interconnected communities with sharing economies, where individuals are valued, talents are multiplied, and neighbors live healthy, nourished lives brimming with opportunities.
Official website here: www.matthew-25.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
Matthew 25 has earned an impressive Four-Star rating from Charity Navigator, signifying a strong commitment to accountability and financial health. The charity's overall score is entirely based on its Accountability & Finance assessment, where it scored a remarkable 97%. Such a high rating indicates robust governance and financial practices, showcasing the organization’s transparency and dedication to its mission.
The evaluation highlights that Matthew 25 has a fully independent board, with 12 members, and adheres to best practices in financial oversight, such as having an Audit and Oversight Committee. The absence of any material diversions of assets further strengthens its credibility. Additionally, their operational efficiency is reflected in a program expense ratio of 80.95%, meaning a significant majority of funds are directed towards their programs rather than administrative costs.
Despite these strengths, no limitations or areas for improvement were mentioned in the provided data. Overall, Matthew 25 demonstrates excellent performance in financial accountability, making it a trustworthy organization for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Matthew 25?
100% of 19 reviewers on Facebook recommend Matthew 25. Here is a summary of their reviews:
The organization is highly praised for its wide-ranging community efforts, including gardens, affordable housing projects, and tool libraries. One reviewer expressed their appreciation for being part of a neighborhood cleanup project, noting the significant impact the organization made in just one day, which the reviewer felt they could not achieve alone over a year and a half.
Overall, Matthew 25 is recognized for its commitment to enhancing the community and creating positive change. Many users highlight their desire to further engage with the organization and support its mission, indicating a strong sense of gratitude and admiration towards the services provided.
This AI summary has been generated from reviews found on Facebook.
Is Matthew 25 legitimate?
Matthew 25 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew 25 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: $154,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $912,903
For more financial information, click here
Official website here: www.matthew-25.org
What is the mission statement of Matthew 25?
Matthew 25 envisions thriving, connected communities with sharing economies, where people are valued, talents are multiplied, and neighbors live healthy, nourished lives filled with opportunities. Their mission is to improve the health of individuals and neighborhoods by investing in affordable housing, healthy food, educational opportunities, and community building. Through neighborhood revitalization, they encourage neighbors to dream of possibilities, organize sustainable reinvestment and sound public policy in targeted neighborhoods, and provide a shared network of tools and resources. During 2022, Matthew 25 achieved its neighborhood building goals by rehabilitating 215 homes using volunteer labor, renting 17 units of quality, affordable housing, and checking out tools to 148 individuals.
Official website here: www.matthew-25.org
What is the revenue of Matthew 25?
Matthew 25's revenue in 2023 was $2,209,879.
Official website here: www.matthew-25.org
Who are the executives of Matthew 25 and what are their salaries?
The average compensation at Matthew 25 during 2023 was $17,221. There are 62 employees and 602 volunteers at Matthew 25.
Here are 14 key members and their salaries:
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- Compensation: $82,508
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- Compensation: $62,124
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- Other: $1,872
Official website here: www.matthew-25.org
Where can I find the form 990 for Matthew 25?
Matthew 25's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.matthew-25.org
Learn more at the official website: www.matthew-25.org
Mission Statement of Matthew 25
Matthew 25 aims to improve the health and well-being of communities and individuals by investing in affordable housing, nutritious food, educational opportunities, and community building. Their vision is to foster thriving, connected communities where people are valued, talents are multiplied, and neighbors live healthy, nourished lives filled with opportunities. They achieve this by revitalizing neighborhoods, encouraging neighbors to dream of possibilities, and organizing sustainable reinvestment and sound public policy in targeted areas. Matthew 25 provides a shared network of tools and resources, and in 2022, they rehabilitated 215 homes using 4,453.75 hours of volunteer labor, rented 17 units of quality, affordable housing, and checked out tools to 148 individuals.
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Impact
October, 2024
Matthew 25 plays a pivotal role in transforming communities by focusing on several key areas that contribute to overall well-being. Its multifaceted approach includes investing in quality affordable housing, promoting healthy food access, enhancing educational opportunities, and fostering community building.
By rehabilitating 215 homes and utilizing over 4,400 hours of volunteer labor, Matthew 25 directly addresses the housing needs of the Cedar Rapids community, ensuring that families have a safe and stable place to live. The commitment to renting 17 units of quality, affordable housing demonstrates an ongoing effort to provide accessible options for individuals and families facing financial challenges.
Beyond housing, Matthew 25 encourages a sense of community and belonging. By checking tools out to 148 individuals, it empowers residents to engage in their neighborhoods actively, fostering skills development and collaboration among neighbors. This kind of neighborly support helps build a network that thrives on shared resources and mutual aid.
The vision of thriving, connected communities where individuals are valued and talents are multiplied resonates deeply, leading to healthier, nourished lives full of opportunity. Through its initiatives, Matthew 25 not only meets immediate needs but also cultivates a sustainable environment where residents can dream of possibilities and work together to realize them. Overall, the organization's comprehensive efforts contribute profoundly to revitalizing communities and enhancing the quality of life for countless individuals in Cedar Rapids, IA.
This information is meant to be a general summary of Matthew 25. 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 2023.
- Investment Income: $19,193
- Program Service Revenue: $411,725
- Gross Receipts: $2,209,879
Assets and Liabilities:
- Total Assets: $5,031,258
- Total Liabilities: $906,585
- Net Assets: $4,124,673
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$411,725
Organization Details
Founding Year
2007
Principal Officer
Twedt-Ball Clint
Website
www.matthew-25.orgNTEE Category
Code: P99 - Human services
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