Overview
What is Midwest Biodiversity Institute Inc?
The Midwest Biodiversity Institute Inc, situated in Columbus, Ohio, is a nonprofit organization dedicated to addressing crucial environmental and natural resource concerns. With a team of 26 employees, they primarily focus on assessing issues related to water quality and biodiversity protection and restoration. Their research efforts involve collecting samples of invertebrates and analyzing water quality in various streams and rivers. The institute's mission is to fund and conduct basic biological research, with the ultimate goal of reporting the findings to contribute to a better understanding of these environmental issues.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Star rating)
Midwest Biodiversity Institute Inc has received a Two-Star rating from Charity Navigator, indicating a fair level of performance in terms of accountability and finance. The organization has demonstrated strong governance practices, with an independent board consisting entirely of independent members and a solid record in areas such as conflict of interest policies and material diversion of assets.
However, the institute faces notable limitations, particularly in financial transparency. The absence of financial statements and missing disclosures on their website, such as the tax form and whistleblower policy, adversely impacts their overall rating. While the program expense ratio is relatively good at 67.14%, the lack of financial documentation raises concerns regarding the organization's fiscal accountability.
Overall, while Midwest Biodiversity Institute Inc shows strengths in governance and certain financial practices, the significant gaps in transparency and documentation hinder its evaluation as a fully accountable nonprofit. Prospective donors and stakeholders may want to consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Midwest Biodiversity Institute Inc legitimate?
Midwest Biodiversity Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Biodiversity Institute 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: $35,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $644,206
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What is the mission statement of Midwest Biodiversity Institute Inc?
The Midwest Biodiversity Institute Inc is committed to addressing significant environmental and natural resource concerns, particularly focusing on water quality and the preservation and restoration of biodiversity. As part of its mission, the Institute conducts research in this area, contributing to basic biological research and reporting the findings. Their research projects involve collecting samples of invertebrates, water quality, and fish from various streams and rivers. The Institute's activities are instrumental in assessing and addressing these environmental issues.
Who is the CEO of Midwest Biodiversity Institute Inc?
James Lane is the Chairman of Midwest Biodiversity Institute Inc.
What is the revenue of Midwest Biodiversity Institute Inc?
Midwest Biodiversity Institute Inc's revenue in 2022 was $1,295,110.
Who are the executives of Midwest Biodiversity Institute Inc and what are their salaries?
The average compensation at Midwest Biodiversity Institute Inc during 2022 was $26,154. There are 26 employees at Midwest Biodiversity Institute Inc.
Here are 10 key members and their salaries:
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- Compensation: $108,857
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Where can I find the form 990 for Midwest Biodiversity Institute Inc?
Midwest Biodiversity Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Midwest Biodiversity Institute Inc
The Midwest Biodiversity Institute Inc is committed to addressing significant environmental and natural resource concerns, with a particular focus on water quality and the preservation and restoration of biodiversity. This nonprofit organization is dedicated to assessing these issues, aiming to contribute to fundamental biological research and report the findings of their studies. Their research projects encompass the collection of various invertebrate samples and water quality samples from numerous streams and rivers. The grants and allocations associated with these projects are directly connected to these initiatives. In essence, the Midwest Biodiversity Institute Inc is a vital player in the conservation of the environment and the protection of diverse plant and animal species.
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Impact
October, 2024
Midwest Biodiversity Institute Inc plays a crucial role in addressing significant environmental and natural resource issues, particularly focusing on water quality and the conservation and restoration of biodiversity. Through comprehensive research initiatives, the Institute conducts vital studies that include sampling invertebrates, water quality assessments, and fish population studies across various streams and rivers.
The results of this research contribute to a broader understanding of ecological health and inform strategies for sustainable resource management. By focusing on essential environmental metrics, Midwest Biodiversity Institute Inc aids in identifying threats to biodiversity and water integrity, facilitating informed decision-making for conservation efforts. Their commitment to rigorous scientific inquiry supports foundational biological research essential for both local ecosystems and broader environmental policies, ultimately fostering a healthier and more sustainable environment.
This information is meant to be a general summary of Midwest Biodiversity Institute 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,586
- Program Service Revenue: $1,267,327
- Gross Receipts: $1,295,456
Assets and Liabilities:
- Total Assets: $438,236
- Total Liabilities: $44,980
- Net Assets: $393,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH PROGRAM SERVICES
Revenue
$1,267,327
Organization Details
Founding Year
1997
Phone
(614) 457-6000Principal Officer
James Lane
Main Address
PO BOX 21561, COLUMBUS, OH, 43221
NTEE Category
Code: V20Z - Social research
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