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Food Bank Of Northwest Indiana Inc

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

EIN: 351528285 ✦ Merrillville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Food Bank Of Northwest Indiana Inc?

Food Bank of Northwest Indiana Inc is a nonprofit organization situated in Merrillville, Indiana, with a workforce of 47 employees. Their primary mission is to gather, preserve, and distribute food to various charitable organizations and needy individuals in Northwest Indiana. By doing so, they aim to alleviate hunger and support local communities in need. Through their actions, the Food Bank of Northwest Indiana bridges the gap between food availability and access for those in need.


Official website here: www.foodbanknwi.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 100%

Food Bank Of Northwest Indiana Inc has achieved a perfect score of 100%, resulting in a prestigious Four-Star out of Four Star rating. This high score reflects the organization's robust commitment to accountability, impact measurement, and community engagement, showcasing their strong financial management and effective operational practices.

The nonprofit excels in various areas, including outstanding performance in accountability and finance, where it also received a perfect score. With 100% of its board members being independent, the organization demonstrates transparency and ethical governance. The Food Bank’s commitment to its mission is evidenced by its high program expense ratio of 94.69%, indicating that the majority of its funds are directed towards its programs rather than administrative costs.

While the organization has many strengths, it is important to note that the ratings reflect a limited focus on leadership and adaptability, scoring lower in these areas compared to accountability and impact. However, they have still shown evidence of investing in leadership development and adapting to community needs, which suggests a proactive approach to improving their services over time. Overall, the Food Bank Of Northwest Indiana Inc is a well-managed nonprofit dedicated to addressing food insecurity in their community.


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

Is Food Bank Of Northwest Indiana Inc legitimate?

Food Bank Of Northwest Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Bank Of Northwest Indiana 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: $120,573
Professional Fundraising Fees: $178,336
Other Salaries and Wages: $1,111,983

For more financial information, click here


Official website here: www.foodbanknwi.org

What is the mission statement of Food Bank Of Northwest Indiana Inc?

The Food Bank of Northwest Indiana Inc is dedicated to supplying food to charitable organizations and needy individuals within the region. Their primary objective is to collect, preserve, and distribute food to those in need, including families, the elderly, and children. By doing so, they aim to help alleviate hunger and improve the overall wellbeing of the community. The food bank's efforts encompass a wide range of charities and individuals, ensuring that those who are struggling have access to essential nourishment. Through their distribution network, they work to bridge the gap between those who have enough and those who do not, promoting a more equitable society.


Official website here: www.foodbanknwi.org

Who is the CEO of Food Bank Of Northwest Indiana Inc?

Victor Garcia is the President of Food Bank Of Northwest Indiana Inc.


Official website here: www.foodbanknwi.org

What is the revenue of Food Bank Of Northwest Indiana Inc?

Food Bank Of Northwest Indiana Inc's revenue in 2022 was $18,311,333.


Official website here: www.foodbanknwi.org

Who are the executives of Food Bank Of Northwest Indiana Inc and what are their salaries?

The average compensation at Food Bank Of Northwest Indiana Inc during 2022 was $26,225. There are 47 employees and 5609 volunteers at Food Bank Of Northwest Indiana Inc.


Here are 13 key members and their salaries:


Shawn Strack (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Jacobs (1St Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Pae (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Tauber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Lowry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Greenhill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Horon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Boufis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iain Downie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Rios-Sanchez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Zukrow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Iverson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Garcia (President &)
  • Compensation: $117,000
  • Related: $0
  • Other: $0


Official website here: www.foodbanknwi.org

Where can I find the form 990 for Food Bank Of Northwest Indiana Inc?

Food Bank Of Northwest Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foodbanknwi.org

Learn more at the official website: www.foodbanknwi.org

Mission Statement of Food Bank Of Northwest Indiana Inc

Food Bank of Northwest Indiana Inc, a crucial nonprofit organization, is dedicated to supplying food to various charitable institutions and needy individuals residing in Northwest Indiana. With a selfless mission, this philanthropic entity strives to alleviate food insecurity within the community.

The Food Bank of Northwest Indiana Inc assumes the responsibility of acquiring, storing, and distributing provisions to a multitude of organizations and families in need. Their efforts extend to assisting the elderly, children, and other vulnerable individuals who may be grappling with hunger. Through their unwavering commitment to making a difference, they ensure that those in need have access to essential nutrients.

This noble endeavor facilitates a ripple effect of relief and support, ultimately contributing to the overall well-being and stability of the community. By providing food to charitable organizations, they enable these institutions to maintain their vital services, offering sustenance and hope to those in need. Additionally, their direct distribution to individuals enables them to focus on their personal challenges rather than the burden of hunger, enhancing their quality of life.

In summary, the Food Bank of Northwest Indiana Inc operates as a vital bridge, connecting those facing food insecurity with the necessary provisions to thrive. Their relentless pursuit of helping those in need not only addresses immediate hunger but also promotes long-term sustainability and development within the community.

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Impact




October, 2024

Food Bank of Northwest Indiana Inc significantly impacts the community by acquiring, storing, and distributing food to various charitable organizations and individuals in need. Through its efforts, it ensures that families, the elderly, and children have access to nutritious food, addressing food insecurity in the region. By partnering with local charities, the Food Bank strengthens the safety net for vulnerable populations in Northwest Indiana, making a vital contribution to the overall well-being of the community. Its dedication to alleviating hunger fosters a healthier, more resilient environment for all residents.




This information is meant to be a general summary of Food Bank Of Northwest Indiana 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
$18,311,333 (2022)
Expenses
$16,100,799 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28,367
  • Program Service Revenue: $102,953
  • Gross Receipts: $18,362,968

Assets and Liabilities:

  • Total Assets: $13,781,689
  • Total Liabilities: $212,123
  • Net Assets: $13,569,566

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$102,953

Organization Details

Founding Year

1982

Principal Officer

Victor Garcia

Main Address

6490 BROADWAY, MERRILLVILLE, IN, 46410

NTEE Category

Code: K31Z - Food

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