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Terre Haute Catholic Charities Foodbank Inc

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

EIN: 311074018 ✦ Terre haute, IN ✦ Designated as a 501(c)(3)

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Overview

What is Terre Haute Catholic Charities Foodbank Inc?

Terre Haute Catholic Charities Foodbank Inc is a vital nonprofit organization situated in Terre Haute, Indiana. As a member of Feeding America, the largest domestic emergency food bank network, they play a significant role in addressing food insecurity. In the fiscal year 2021 alone, they managed to distribute over 5.6 million pounds of food to various charitable agencies, including soup kitchens, food pantries, senior centers, and youth centers, in seven surrounding counties. This distribution network significantly contributed to providing over 47,000 meals through the Loaves and Fishes Soup Kitchen. The organization's primary mission is to combat hunger in the communities of Clay, Greene, Knox, Parke, Sullivan, Vermillion, and Vigo counties by supplying emergency food through an extensive network of member agencies. Engaging the local community in the fight against hunger is a core aspect of their mission.


Official website here: www.archindy.org/cc/terrehaute/programs-foodbank.html

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Stars)

Terre Haute Catholic Charities Foodbank Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong financial health and accountability. The organization's overall score of 95% highlights its commitment to transparency and effectiveness, especially its high marks in accountability and finance, where it scored 97%. The nonprofit benefits from a majority independent board and has no reported material diversion of assets, which further enhances its credibility.

The organization excels in its program expense ratio, dedicating 80.73% of its budget to programs directly serving the community. Additionally, its fundraising efficiency is commendable at $0.12 per dollar raised, showcasing effective resource management. The foodbank's robust working capital ratio of 2.13 years indicates financial stability, allowing it to effectively sustain its operations and services.

However, while the charity scores well in culture and community aspects, with an overall score of 83%, there is room for improvement in its equity strategies, where it received a score of 75 out of 100. Despite this, the feedback collection and usage practices are outstanding, indicating a strong commitment to listening to constituents and adapting to their needs. Overall, Terre Haute Catholic Charities Foodbank Inc demonstrates a solid foundation of accountability and a focus on serving its community effectively.


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

Is Terre Haute Catholic Charities Foodbank Inc legitimate?

Terre Haute Catholic Charities Foodbank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terre Haute Catholic Charities Foodbank 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $515,534

For more financial information, click here


Official website here: www.archindy.org/cc/terrehaute/programs-foodbank.html

What is the mission statement of Terre Haute Catholic Charities Foodbank Inc?

The Terre Haute Catholic Charities Foodbank's mission is centered around alleviating hunger in various counties. Specifically, it aims to serve Clay, Greene, Knox, Parke, Sullivan, Vermillion, and Vigo counties. The organization accomplishes this mission by establishing a network of emergency food distribution member agencies. Its primary goal is to engage the community in the fight against hunger and provide necessary food resources to those in need. As a member of Feeding America, the organization collects, stores, and distributes substantial amounts of food annually, reaching over 85 charitable agencies across seven counties. In addition to food distribution, the Loaves and Fishes Soup Kitchen offers around 47,000 meals each year.


Official website here: www.archindy.org/cc/terrehaute/programs-foodbank.html

Who is the CEO of Terre Haute Catholic Charities Foodbank Inc?
What is the revenue of Terre Haute Catholic Charities Foodbank Inc?

Terre Haute Catholic Charities Foodbank Inc's revenue in 2022 was $1,507,845.


Official website here: www.archindy.org/cc/terrehaute/programs-foodbank.html

Who are the executives of Terre Haute Catholic Charities Foodbank Inc and what are their salaries?

There 70 volunteers at Terre Haute Catholic Charities Foodbank Inc.


Here are 17 key members and their salaries:


David Bethuram (Executive Director)
  • Compensation: $0
  • Related: $116,562
  • Other: $15,677
Deacon Brad Anderson (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Sullivan (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Martin (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hirschauer (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Bercovitz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Hagovsky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Rivers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Stamper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Colby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ody Oruche (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Jerrell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney Eisgruber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Spangler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Burkert (Treasurer)
  • Compensation: $0
  • Related: $125,926
  • Other: $32,517
Monsignor William Stumpf (Vice President)
  • Compensation: $0
  • Related: $30,657
  • Other: $1,200


Official website here: www.archindy.org/cc/terrehaute/programs-foodbank.html

Where can I find the form 990 for Terre Haute Catholic Charities Foodbank Inc?

Terre Haute Catholic Charities Foodbank Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.archindy.org/cc/terrehaute/programs-foodbank.html

Learn more at the official website: www.archindy.org/cc/terrehaute/programs-foodbank.html

Mission Statement of Terre Haute Catholic Charities Foodbank Inc

Terre Haute Catholic Charities Foodbank, as a dedicated organization, is committed to addressing hunger in Clay, Greene, Knox, Parke, Sullivan, Vermillion, and Vigo counties. Their mission, in essence, is twofold. Firstly, they strive to alleviate hunger by distributing emergency food supplies through a network of member agencies. These agencies include soup kitchens, food pantries, senior centers, youth centers, and other charitable organizations. Secondly, they aim to engage their community in the fight against hunger, fostering a collective effort to eradicate this pressing issue. As a member of Feeding America, the largest domestic emergency food bank network, Terre Haute Catholic Charities Foodbank successfully distributed over 5.6 million pounds of food in the fiscal year 2021, providing vital nourishment to more than 85 member agencies. Moreover, the Loaves and Fishes Soup Kitchen served over 47,000 meals during this period, further underscoring the organization's commitment to feeding the hungry in their community.

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Impact




October, 2024

Terre Haute Catholic Charities Foodbank Inc significantly impacts the communities in Clay, Greene, Knox, Parke, Sullivan, Vermillion, and Vigo counties by addressing the critical issue of hunger. In the fiscal year 2021, the organization collected, warehoused, and distributed over 5.6 million pounds of food, ensuring that more than 85 local agencies—such as soup kitchens, food pantries, senior centers, and youth centers—could serve those in need.

The Loaves and Fishes Soup Kitchen, as part of this network, alone provided over 47,000 meals, highlighting the foodbank’s essential role in sustaining vulnerable populations. Through its extensive outreach and collaboration with various emergency food distribution member agencies, the foodbank actively engages the community in the fight against hunger, fostering a collective response to food insecurity in the region. This initiative not only addresses immediate needs but also raises awareness and promotes community involvement toward ending hunger in the area.




This information is meant to be a general summary of Terre Haute Catholic Charities Foodbank 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
$1,507,845 (2022)
Expenses
$1,540,545 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,250
  • Program Service Revenue: $366,824
  • Gross Receipts: $1,508,475

Assets and Liabilities:

  • Total Assets: $3,726,498
  • Total Liabilities: $483,734
  • Net Assets: $3,242,764

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Programs

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

Community Food Service

Revenue

$366,824

Organization Details

Founding Year

1983

Main Address

1801 Poplar Street, Terre Haute, IN, 47803

NTEE Category

Code: K31 - Food

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