Overview
What is Faith Mission Of Elkhart Inc?
Faith Mission Of Elkhart Inc is a nonprofit organization situated in Elkhart, Indiana, serving the homeless population and surrounding communities. Their primary mission involves providing emergency and transitional housing, offering essential services such as meals, clothing, transportation, education, counseling, and chapel services. They also extend these provisions on a walk-in basis to individuals in need within the area. In addition, the organization operates a thrift store, selling second-hand items to the general public, while also providing these items to residents of the mission. Faith Mission Of Elkhart Inc has a team of 39 employees committed to their cause, serving 756 individuals and providing a total of 224,311 meals.
Official website here: www.thefaithmission.org
What are the reviews and ratings of this charity?
85% rating from Charity Navigator indicates that Faith Mission Of Elkhart Inc has a solid level of accountability and financial management. The charity's score, which reflects strong practices in its financial operations, reveals an emphasis on transparency and responsibility. With a three-star rating, it demonstrates a commendable commitment to maintaining high standards in the nonprofit sector.
The organization excels in several key areas, including having an entirely independent board, no material diversion of assets, and effective financial ratios. Its program expense ratio is notably high at 79.70%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization shows strong fundraising efficiency, with minimal costs associated with generating donations.
However, there are some limitations, including the absence of a whistleblower policy, which detracts from its overall accountability score. Despite this, the charity maintains a solid operational structure with proactive policies in place for conflict of interest and document retention. Overall, Faith Mission Of Elkhart Inc showcases a well-managed organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Faith Mission Of Elkhart Inc legitimate?
Faith Mission Of Elkhart Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Mission Of Elkhart 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: $88,763
Professional Fundraising Fees: $323,744
Other Salaries and Wages: $730,726
For more financial information, click here
Official website here: www.thefaithmission.org
What is the mission statement of Faith Mission Of Elkhart Inc?
Faith Mission Of Elkhart Inc's mission is centered around providing assistance to the homeless and individuals in need. They offer emergency and transitional housing, as well as essential services such as meals, clothing, transportation, education, counseling, and chapel services. Additionally, they operate a thrift store selling second-hand items to the general public and providing these items to their residents as well. The organization serves to offer meals on a walk-in basis to individuals in need living in the surrounding areas. Faith Mission Of Elkhart Inc has provided shelter for 756 individuals and served a total of 224,311 meals to those in need.
Official website here: www.thefaithmission.org
Who is the CEO of Faith Mission Of Elkhart Inc?
Ross Swihart is the Executive Di of Faith Mission Of Elkhart Inc.
Official website here: www.thefaithmission.org
What is the revenue of Faith Mission Of Elkhart Inc?
Faith Mission Of Elkhart Inc's revenue in 2021 was $4,422,629.
Official website here: www.thefaithmission.org
Who are the executives of Faith Mission Of Elkhart Inc and what are their salaries?
The average compensation at Faith Mission Of Elkhart Inc during 2021 was $21,013. There are 39 employees and 4641 volunteers at Faith Mission Of Elkhart Inc.
Here are 13 key members and their salaries:
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Official website here: www.thefaithmission.org
Where can I find the form 990 for Faith Mission Of Elkhart Inc?
Faith Mission Of Elkhart Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.thefaithmission.org
Learn more at the official website: www.thefaithmission.org
Mission Statement of Faith Mission Of Elkhart Inc
Faith Mission Of Elkhart Inc is committed to providing emergency and transitional housing, training, and counseling for the homeless in Elkhart and surrounding counties, Indiana. The organization offers shelter, meals, clothing, transportation, education, and chapel services to its residents. In addition to these services, Faith Mission Of Elkhart Inc operates a thrift store where second-hand clothing and household items are sold to the general public. These items are also provided to mission residents in need. The organization has made significant strides, providing shelter to 756 individuals and serving a total of 224,311 meals. The mission of Faith Mission Of Elkhart Inc is to offer a comprehensive approach to helping the homeless, providing them with the essentials they need to rebuild their lives.
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Impact
October, 2024
Faith Mission of Elkhart Inc. has a significant impact on the community by addressing critical needs of the homeless population and individuals in crisis in Elkhart and surrounding counties, Indiana. They provide emergency and transitional housing, accommodating 756 individuals, and have served a remarkable 224,311 meals, ensuring that those facing hardship have access to food and shelter.
In addition to housing and meals, the organization offers essential services such as transportation, education, counseling, and chapel services, which support individuals in their journey towards stability and self-sufficiency. The counseling and case management sessions further empower residents by helping them navigate challenges and access resources.
Furthermore, the operation of a thrift store plays a dual role: it offers affordable second-hand clothing and household goods to the general public while also supplying items to the mission's residents at no cost. This not only fosters community engagement but also promotes sustainability by extending the life cycle of donated goods.
Overall, Faith Mission of Elkhart Inc. is vital in creating a safety net for those in need, facilitating both immediate relief and long-term solutions for homelessness and poverty in the region.
This information is meant to be a general summary of Faith Mission Of Elkhart 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 2021.
- Investment Income: -$3,838
- Program Service Revenue: $181,104
- Gross Receipts: $4,430,657
Assets and Liabilities:
- Total Assets: $6,178,098
- Total Liabilities: $65,911
- Net Assets: $6,112,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MERCHANDISE SALES INCOME:FURN
Revenue
$111,520
PROGRAM FEES INCOME:HOUSING F
Revenue
$44,870
MERCHANDISE SALES INCOME:VEHI
Revenue
$7,805
PROGRAM FEES INCOME:OAKLAWN H
Revenue
$5,040
PROGRAM INCOME -525 RENT INCO
Revenue
$4,426
Organization Details
Founding Year
1960
Phone
(574) 293-3406Principal Officer
Ross Swihart
Main Address
PO BOX 162, ELKHART, IN, 46515
Website
www.thefaithmission.orgNTEE Category
Code: X00 - Religion related
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