Overview
What is Iowa Food Bank Association?
The Iowa Food Bank Association is a nonprofit organization headquartered in Waterloo, Iowa. Their primary mission is to combat hunger within the state by supporting the operations of Feeding America food banks and their affiliates. This entails ensuring that adequate food supplies are accessible to all communities. The organization plays a crucial role in helping individuals apply for the Supplemental Nutrition Assistance Program (SNAP), as many people are unaware or face challenges in accessing this assistance. During the year, they assisted with 13,034 SNAP applications through their hotline and outreach specialists across the state. The Iowa Food Bank Association is dedicated to this cause with a small team of one dedicated employee.
Official website here: www.iowafba.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Iowa Food Bank Association has earned a high rating of 96%, reflecting strong accountability and financial practices. With a Four-Star designation, the organization demonstrates a commitment to transparency, evidenced by a complete score in areas such as independent board membership and a robust conflict of interest policy. The organization operates with a focus on maintaining a low liabilities to assets ratio and a high program expense ratio, indicating effective allocation of resources towards its mission.
Strengths include a fully independent board and a well-structured oversight committee, ensuring that governance is sound and that financial practices are closely monitored. The association maintains rigorous policies for whistleblowing, document retention, and conflict of interest, all of which contribute to a culture of accountability. The financial health of the organization is also strong, with a program expense ratio of nearly 96%, showcasing its dedication to its core services.
While the data supports the Iowa Food Bank Association's operational effectiveness, ongoing monitoring of its financial practices and board engagement will be essential to sustain this positive standing. Overall, the organization’s performance reflects its commitment to its mission and its stakeholders, making it a reliable choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Food Bank Association legitimate?
Iowa Food Bank Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Food Bank Association 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: $78,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.iowafba.org
What is the mission statement of Iowa Food Bank Association?
The Iowa Food Bank Association's mission is centered around alleviating hunger in the community. They accomplish this by supporting the Feeding America food banks operating within Iowa. The association's primary goal is to assist these food banks and their affiliates in ensuring that sufficient food is accessible to all individuals in need. One of their key initiatives includes helping individuals apply for the Supplemental Nutritional Assistance Program (SNAP), as many people are unaware of or have difficulty accessing this resource. During the year, the organization aided in 13,034 SNAP application processes through their hotline and outreach specialists across the state.
Official website here: www.iowafba.org
Who is the CEO of Iowa Food Bank Association?
Linda Gorkow is the Executive Director of Iowa Food Bank Association.
Official website here: www.iowafba.org
What is the revenue of Iowa Food Bank Association?
Iowa Food Bank Association's revenue in 2022 was $580,338.
Official website here: www.iowafba.org
Who are the executives of Iowa Food Bank Association and what are their salaries?
The average compensation at Iowa Food Bank Association during 2022 was $78,418. There is 1 employee and 7 volunteers at Iowa Food Bank Association.
Here are 8 key members and their salaries:
- Compensation: $73,387
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Official website here: www.iowafba.org
Where can I find the form 990 for Iowa Food Bank Association?
Iowa Food Bank Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iowafba.org
Learn more at the official website: www.iowafba.org
Mission Statement of Iowa Food Bank Association
The Iowa Food Bank Association, a nonprofit organization, is dedicated to alleviating hunger in Iowa. Its mission is to support the Feeding America food banks and their affiliates operating within the state, helping them ensure that nutritious food is accessible to all individuals who require it. The association recognizes that while the Supplemental Nutrition Assistance Program (SNAP) is available to assist individuals, many do not apply due to lack of access and awareness about the program. To bridge this gap, the Iowa Food Bank Association aids in 13,034 SNAP application processes annually through their hotline and outreach specialists scattered across the state.
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Impact
July, 2024
The Iowa Food Bank Association's impact is significant in alleviating hunger by supporting Feeding America food banks in Iowa. One of the key ways they make a difference is through assisting individuals in applying for the Supplemental Nutrition Assistance Program (SNAP). Due to the lack of access and knowledge about the program, many individuals do not apply to receive benefits. The organization has helped with 13,034 SNAP applications through the IFBA hotline and outreach specialists across the state. Their mission is to ensure that sufficient food is accessible to all, supporting the Feeding America food banks and their affiliates serving Iowa.
This information is meant to be a general summary of Iowa Food Bank Association. 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: $16
- Gross Receipts: $580,338
Assets and Liabilities:
- Total Assets: $392,519
- Total Liabilities: $172,892
- Net Assets: $219,627
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Organization Details
Founding Year
2009
Phone
(319) 361-5483Principal Officer
Linda Gorkow
Main Address
PO BOX 2397, WATERLOO, IA, 50704
Website
www.iowafba.orgNTEE Category
Code: K12 - Food
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