Overview
What is Western Egyptian Economic Opportunity Council Inc?
Western Egyptian Economic Opportunity Council Inc is a nonprofit organization situated in Steeleville, Illinois. Their primary mission is to equip low-income individuals and families with the necessary resources for stability and self-sufficiency. During the past fiscal year, they provided assistance through the Low Income Home Energy Assistance Program (LIHEAP), helping 4,472 applicants with a total payment amount of $3,524,126. This is an increase of 552 applications and $536,242 compared to the previous year. The organization's approval rate was over 80%. They also received funding through the Utility Disconnection Avoidance Program (UDAP) and the State's Summer Supplemental Benefit to support clients dealing with increased energy costs. For furnace issues, they repaired 11 and replaced 26 furnaces, benefiting a total of $122,594.61. Additionally, they served 701 active clients through the Payment Integrity Program (PIPP), an increase of 200 clients compared to the previous year. Their outreach services remained operational, offering support via telephone, email, fax, US mail, and drop boxes at each office.
Official website here: www.weeoc.org
What are the reviews and ratings of this charity?
Western Egyptian Economic Opportunity Council Inc has received a Three-Star out of Four Star rating from Charity Navigator, with a score of 81%. This rating indicates a solid level of accountability and financial responsibility, as the organization earned full points in several key governance areas, such as having an independent board and implementing strong oversight policies. However, their liabilities to assets ratio scored zero, suggesting room for improvement in their financial stability.
The organization showcases robust governance practices, as demonstrated by its perfect scores in board independence, conflict of interest and whistleblower policies, and complete documentation of board meetings. Its commitment to program expenses is notable, with a high program expense ratio of 95.95%, indicating that a significant portion of its funds is directed towards its mission-focused activities.
Despite these strengths, one area of concern is the absence of certain key public documents, as their tax form is not posted on their website. Additionally, there are no scores available for their impact and measurement or community engagement, making it difficult to assess performance in these areas. There are also no user reviews available from GreatNonprofits to provide further insights into the community impact or public perception of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Western Egyptian Economic Opportunity Council Inc legitimate?
Western Egyptian Economic Opportunity Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Egyptian Economic Opportunity Council 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: $160,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,607,245
For more financial information, click here
Official website here: www.weeoc.org
What is the mission statement of Western Egyptian Economic Opportunity Council Inc?
The Western Egyptian Economic Opportunity Council Inc's mission is centered around equipping low-income individuals and families with the necessary resources for achieving stability and self-sufficiency. This organization strives to provide resources that aid in overcoming financial challenges, as shown through their successful Energy Assistance Program and other initiatives. In the Energy Assistance Program, they saw an increase in applications and financial assistance provided to clients, showcasing their commitment to helping those in need. Furthermore, their Furnace Voucher Program was successful, repairing and replacing furnaces for clients, and their Payment Interruption Program for Payroll Errors (PIPP) saw an increase in active clients. Overall, the Western Egyptian Economic Opportunity Council Inc is dedicated to empowering low-income individuals and families, providing essential resources to improve their living conditions.
Official website here: www.weeoc.org
Who is the CEO of Western Egyptian Economic Opportunity Council Inc?
Paulette Hamlin is the Chairman of Western Egyptian Economic Opportunity Council Inc.
Official website here: www.weeoc.org
What is the revenue of Western Egyptian Economic Opportunity Council Inc?
Western Egyptian Economic Opportunity Council Inc's revenue in 2022 was $11,656,141.
Official website here: www.weeoc.org
Who are the executives of Western Egyptian Economic Opportunity Council Inc and what are their salaries?
The average compensation at Western Egyptian Economic Opportunity Council Inc during 2022 was $21,969. There are 126 employees and 105 volunteers at Western Egyptian Economic Opportunity Council Inc.
Here are 17 key members and their salaries:
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Official website here: www.weeoc.org
Where can I find the form 990 for Western Egyptian Economic Opportunity Council Inc?
Western Egyptian Economic Opportunity Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weeoc.org
Learn more at the official website: www.weeoc.org
Mission Statement of Western Egyptian Economic Opportunity Council Inc
Western Egyptian Economic Opportunity Council Inc is dedicated to equipping low-income individuals and families with the necessary resources for achieving stability and self-sufficiency. Their mission revolves around providing essential resources to empower these vulnerable groups, enabling them to overcome their financial challenges and improve their living conditions.
The organization's activities are centered around various programs, one of which is the Energy Assistance Program, specifically the Low Income Home Energy Assistance Program (LIHEAP). During the fiscal year 2022, Western Egyptian Economic Opportunity Council Inc served a significant number of individuals, with a total application count of 4,472, resulting in a total client payment amount of $3,524,126. This marked an increase of 552 applications and an increased payment amount of $536,242 compared to the previous year. The agency's application approval rate surpassed 80%, indicating their effectiveness in helping clients in need.
Furthermore, the organization received funding through the Utility Disconnection Avoidance Program (UDAP) to assist clients struggling with increased energy costs. The benefits derived from UDAP amounted to $752,318.20, demonstrating Western Egyptian Economic Opportunity Council Inc's commitment to providing assistance in times of need. In addition, funding was received for a Summer Supplemental Benefit, which provided a $200 credit to current LIHEAP recipients directly to their utility vendors.
The organization's outreach offices remained operational, albeit closed to the public, and were fully staffed throughout the year. Outreach staff were able to assist clients via telephone, email, fax, US mail, and by utilizing drop boxes at each office. The Furnace Voucher Program was also successful, with the organization repairing 11 furnaces and replacing 26 furnaces, in addition to conducting assessments that were otherwise resolved. The total client benefits from the Furnace Program amounted to $122,594.61.
In conclusion, Western Egyptian Economic Opportunity Council Inc's mission can be summed up as providing essential resources to support and empower low-income individuals and families, enabling them to achieve stability and self-sufficiency. Their primary focus is on energy assistance, with the LIHEAP program being a significant part of their efforts, but they also offer other assistance programs to help those in need.
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Impact
October, 2024
Western Egyptian Economic Opportunity Council Inc significantly enhances the quality of life for low-income individuals and families through comprehensive resource provision. The organization plays a critical role in alleviating energy costs, offering programs such as the Low-Income Home Energy Assistance Program (LIHEAP), which helped 4,472 clients in PY22 with a total payment amount of $3,524,126. This represents a notable increase in both applications and funding, demonstrating the growing need for energy assistance in the community.
Additionally, the Utility Disconnection Avoidance Program (UDAP) further supports vulnerable clients by providing $752,318.20 in benefits, ensuring many families can maintain essential utility services despite financial hardships. The successful implementation of a Summer Supplemental Benefit, providing current LIHEAP recipients with a $200 credit on their utility bills, exemplifies the organization's commitment to immediate financial relief.
The Furnace Voucher Program also stands out, with 11 furnace repairs and 26 replacements contributing significantly to over $122,594 in client benefits. This proactive approach not only mitigates the risk of heating issues but enhances the safety and comfort of residents during colder months.
With a 200-client increase in the Percentage of Income Payment Plan (PIPP), the agency is effectively expanding its reach, providing ongoing support and encouraging stability for families striving for self-sufficiency. Despite the challenges posed by closed outreach offices, the staff's adaptability in providing assistance through various virtual channels reflects a commitment to continuous client support.
Overall, the Western Egyptian Economic Opportunity Council Inc's impact is profound, equipping low-income families with essential resources that foster stability and promote self-sufficiency within the community.
This information is meant to be a general summary of Western Egyptian Economic Opportunity Council 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: $427
- Program Service Revenue: $25,854
- Gross Receipts: $11,656,141
Assets and Liabilities:
- Total Assets: $2,229,536
- Total Liabilities: $2,043,299
- Net Assets: $186,237
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$25,854
Organization Details
Founding Year
1965
Phone
(618) 965-3458Principal Officer
Paulette Hamlin
Main Address
1 INDUSTRIAL PARK PO BOX 7, STEELEVILLE, IL, 62288
Website
www.weeoc.orgNTEE Category
Code: P200 - Human services
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