Overview
What is Muskingum Economic Opportunity Action Group?
Muskingum Economic Opportunity Action Group, based in Zanesville, Ohio, is a nonprofit organization dedicated to addressing poverty in Muskingum County and its surrounding areas. Their mission involves utilizing both public and private resources proactively to combat poverty and its underlying causes. The organization offers various services such as Community Services Block Grant, Home Investments Participation, job training referrals, and housing development for special needs populations. They aim to establish programs promising progress towards poverty elimination, engaging in activities of sufficient scope and size to make a significant impact. The organization employs a workforce of 24 individuals.
Official website here: www.meoag.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Muskingum Economic Opportunity Action Group has earned an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The high score is primarily attributed to their robust governance practices, including a fully independent board and comprehensive audit oversight. With a significant focus on financial integrity, they demonstrate transparency and effective management of their resources.
Strengths highlighted in their evaluation include a perfect score for their independent board members and the absence of any material diversion of assets, indicating a solid foundation in ethical governance. The organization also excels in maintaining excellent fiscal ratios, with a program expense ratio of over 90%, ensuring that the majority of funds are directed towards their mission-related activities.
While the data showcases many strengths, it's essential to recognize that the rating is derived solely from accountability and finance metrics. This focus means that other aspects of the organization, such as program effectiveness or community impact, are not evaluated in this rating, which may limit a comprehensive understanding of their overall performance. Nonetheless, the strong financial governance provides a positive indication of their operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Muskingum Economic Opportunity Action Group legitimate?
Muskingum Economic Opportunity Action Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Muskingum Economic Opportunity Action Group 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: $118,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $547,123
For more financial information, click here
Official website here: www.meoag.org
What is the mission statement of Muskingum Economic Opportunity Action Group?
The Muskingum Economic Opportunity Action Group's mission is to initiate and utilize both public and private resources in a proactive and collaborative approach to combat poverty in Muskingum County, Ohio, and its surrounding areas. They aim to establish and promote activities of sufficient scale to foster hope towards the eradication of poverty or its underlying causes. The organization's mission is focused on launching programs that promise progress towards poverty elimination.
Official website here: www.meoag.org
Who is the CEO of Muskingum Economic Opportunity Action Group?
Steve Wilson is the Executive Director of Muskingum Economic Opportunity Action Group.
Official website here: www.meoag.org
What is the revenue of Muskingum Economic Opportunity Action Group?
Muskingum Economic Opportunity Action Group's revenue in 2022 was $2,806,863.
Official website here: www.meoag.org
Who are the executives of Muskingum Economic Opportunity Action Group and what are their salaries?
The average compensation at Muskingum Economic Opportunity Action Group during 2022 was $27,741. There are 24 employees and 12 volunteers at Muskingum Economic Opportunity Action Group.
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- Compensation: $67,850
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Official website here: www.meoag.org
Where can I find the form 990 for Muskingum Economic Opportunity Action Group?
Muskingum Economic Opportunity Action Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.meoag.org
Learn more at the official website: www.meoag.org
Mission Statement of Muskingum Economic Opportunity Action Group
The Muskingum Economic Opportunity Action Group, in its mission, seeks to initiate and utilize both public and private resources in a proactive and coordinated manner, aiming to tackle poverty in Muskingum County, Ohio, and its surrounding areas. The organization's objective is to establish and promote activities of sufficient scale and impact to offer a promising prospect of progress towards eradicating poverty or its underlying causes. By mobilizing resources effectively, the Muskingum Economic Opportunity Action Group aims to contribute significantly to the fight against poverty in its community.
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Impact
October, 2024
Muskingum Economic Opportunity Action Group plays a pivotal role in combating poverty within Muskingum County, Ohio, and its surrounding areas. Through a multifaceted approach, the organization mobilizes both public and private resources to implement effective programs aimed at alleviating poverty.
Key initiatives include managing Community Services Block Grants, facilitating housing opportunities through Home Investment Participation, and providing job training referrals, all of which contribute significantly to improving the quality of life for residents. By focusing on housing development for special needs populations and promoting activities of considerable scale, the group fosters sustainable progress towards eliminating the root causes of poverty.
Their commitment to addressing systemic issues enables a collective effort that not only supports individuals in immediate need but also drives long-term socioeconomic growth within the community. The overall impact of the Muskingum Economic Opportunity Action Group is demonstrated through enhanced community resilience, increased access to resources, and the empowerment of individuals and families striving for a better future.
This information is meant to be a general summary of Muskingum Economic Opportunity Action Group. 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: $92,076
- Program Service Revenue: $68,979
- Gross Receipts: $2,806,863
Assets and Liabilities:
- Total Assets: $4,236,825
- Total Liabilities: $1,671,777
- Net Assets: $2,565,048
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$67,152
SERVICE REVENUE
Revenue
$1,827
Organization Details
Founding Year
1965
Phone
(740) 454-3241Principal Officer
Steve Wilson
Main Address
828 LEE STREET, ZANESVILLE, OH, 43701
Website
www.meoag.orgNTEE Category
Code: G40 - Disease
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