Overview
What is Toledo Northwestern Ohio Food Bank?
The Toledo Northwestern Ohio Food Bank is a nonprofit organization located at 24 E Woodruff Ave, Toledo, OH, 43604. Their mission is to end hunger in the community by efficiently obtaining and distributing food to various agencies, group homes, and organizations. Through their food collection and distribution system, they aim to maximize community resources and provide meals and food baskets to those in need. The Food Bank recently completed a construction project at the James C. Caldwell Center, as part of a long-term hunger strategy, enabling other community organizations to effectively address food insecurity. The organization employs a team of 27 individuals to carry out its crucial work.
Official website here: www.toledofoodbank.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% - Four-Star out of Four Star Rating from Charity Navigator.
The Toledo Northwestern Ohio Food Bank has achieved an impressive Four-Star rating due to its high overall score of 98%. This indicates a strong commitment to accountability and financial transparency, as reflected in its 95% score in that area. The organization effectively manages its funds, with a program expense ratio of 95.85%, meaning that a significant portion of its budget is dedicated to its core mission of providing food assistance.
In addition to financial efficiency, the Food Bank excels in impact and measurement, scoring a perfect 100%. This suggests that the organization has robust systems in place to measure the effectiveness of its programs and ensure that they are making a tangible difference in the community. Notably, the cost per meal provided is less than 75% of the local meal cost, demonstrating their ability to operate efficiently while maximizing the impact of their resources.
While the overall metrics are strong, the organization maintains a working capital ratio of 1.01 years, indicating stability in its financial position. However, continuous evaluation and adaptation will be essential for sustaining its operations and addressing the evolving needs of the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Toledo Northwestern Ohio Food Bank legitimate?
Toledo Northwestern Ohio Food Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toledo Northwestern Ohio Food Bank 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: $307,868
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,893
For more financial information, click here
Official website here: www.toledofoodbank.com
What is the mission statement of Toledo Northwestern Ohio Food Bank?
The Toledo Northwestern Ohio Food Bank aims to facilitate the ending of hunger in the community by maximizing available resources and effectively distributing food through a collection and distribution system. The organization enables various agencies, group homes, and organizations to provide meals and food baskets to those in need. A significant part of their efforts is the completion of a construction project at the James C. Caldwell Center, which is part of a long-term strategy to address hunger.
Official website here: www.toledofoodbank.com
Who is the CEO of Toledo Northwestern Ohio Food Bank?
James M Caldwell is the President & Ceo of Toledo Northwestern Ohio Food Bank. The CEO's salary of Toledo Northwestern Ohio Food Bank is $250,889 and their total compensation is $307,867.
Official website here: www.toledofoodbank.com
What is the revenue of Toledo Northwestern Ohio Food Bank?
Toledo Northwestern Ohio Food Bank's revenue in 2021 was $14,115,464.
Official website here: www.toledofoodbank.com
Who are the executives of Toledo Northwestern Ohio Food Bank and what are their salaries?
The average compensation at Toledo Northwestern Ohio Food Bank during 2021 was $26,028. There are 27 employees and 1510 volunteers at Toledo Northwestern Ohio Food Bank.
Here are 17 key members and their salaries (Toledo Northwestern Ohio Food Bank's CEO's salary is $250,889 and their total compensation is $307,867):
- Compensation: $250,889
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- Other: $56,978
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Official website here: www.toledofoodbank.com
Where can I find the form 990 for Toledo Northwestern Ohio Food Bank?
Toledo Northwestern Ohio Food Bank's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.toledofoodbank.com
Learn more at the official website: www.toledofoodbank.com
Mission Statement of Toledo Northwestern Ohio Food Bank
The Toledo Northwestern Ohio Food Bank is a community organization committed to enabling other groups to put an end to hunger. Through an efficient food collection and distribution system, this esteemed institution strives to maximize available resources and effectively distribute food to various agencies, group homes, and organizations in need.
By providing essential food supplies to those in need, the Toledo Northwestern Ohio Food Bank plays a crucial role in strengthening the community's ability to address hunger issues. With a focus on collaboration and resource optimization, this Food Bank ensures that food baskets and meals reach those who require assistance most.
Construction projects, such as the one recently completed at the James C. Caldwell Center, are part of the Food Bank's long-term hunger strategy. The successful completion of this project underscores the organization's unwavering dedication to providing a consistent and reliable food supply to those in need. As the Toledo Northwestern Ohio Food Bank continues its mission, it remains a vital resource and partner in the community's ongoing efforts to address and ultimately eliminate hunger.
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Impact
October, 2024
Toledo Northwestern Ohio Food Bank plays a critical role in addressing food insecurity in the region by distributing food to various agencies, group homes, and organizations that provide meals and food baskets to those in need. Their efforts help to ensure that vulnerable populations have access to nutritious food, directly impacting the community's overall health and well-being.
The completion of the construction project at the James C. Caldwell Center marks an important step in their long-term strategy to combat hunger. This facility enhances their capacity to collect and distribute food more efficiently, ultimately enabling them to maximize community resources in the fight against hunger. Through collaboration with other organizations, the Food Bank empowers these agencies to effectively serve their communities, contributing significantly to alleviating food scarcity in Toledo and Northwestern Ohio.
This information is meant to be a general summary of Toledo Northwestern Ohio Food Bank. 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 2021.
- Investment Income: $212,375
- Program Service Revenue: $290,381
- Gross Receipts: $14,148,076
Assets and Liabilities:
- Total Assets: $14,026,334
- Total Liabilities: $97,875
- Net Assets: $13,928,459
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHARED MAINTENANCE FEES
Revenue
$251,495
DELIVERY CHARGES
Revenue
$38,886
Organization Details
Founding Year
1984
Phone
(419) 242-5000Principal Officer
James M Caldwell
Main Address
24 E WOODRUFF AVE, TOLEDO, OH, 43604
Website
www.toledofoodbank.comNTEE Category
Code: K31Z - Food
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