Overview
What is Central Illinois Foodbank Inc?
Central Illinois Foodbank Inc is a nonprofit organization based in Springfield, Illinois, with a mission to alleviate food insecurity in their twenty-one county region. Through charitable food distribution, they solicit food products from the food industry and distribute them to food pantries, soup kitchens, children's organizations, and residential facilities. The Foodbank annually dispenses approximately 9.5 million pounds of food, in addition to operating programs like Kids Cafe, Summer Food, and Healthy Foods Distribution. With a team of 23 employees, they work diligently to provide essential nourishment and raise awareness about food insecurity.
Official website here: www.centralilfoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 99%, Four-Star out of Four Star rating.
Central Illinois Foodbank Inc demonstrates exemplary performance with a 99% rating, reflecting its strong commitment to accountability and transparency. The organization scored 100 in both Accountability & Finance and Impact & Measurement, indicating comprehensive financial oversight and effective evaluation of its initiatives. The high program expense ratio of 96.67% suggests that a significant portion of its budget is directed towards programs, while the minimal fundraising efficiency ratio highlights its cost-effective fundraising efforts.
The organization has a fully independent board, with 100% of its 11 members being independent, further ensuring impartial governance. Additionally, the Foodbank exhibits a robust approach to feedback collection and utilization, scoring a perfect 100 in both categories, which indicates responsiveness to stakeholder input. Its diverse equity strategies and investment in leadership development also reflect a commitment to fostering a strong organizational culture.
Despite its many strengths, the working capital ratio of 0.72 years suggests some challenges in short-term financial liquidity, which may pose risks in funding operational needs. However, the overall financial health and adaptability of Central Illinois Foodbank Inc position it as a leader in the nonprofit sector, effectively serving its community and addressing food insecurity.
This AI summary has been generated from information found on Charity Navigator.
Is Central Illinois Foodbank Inc legitimate?
Central Illinois Foodbank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Illinois Foodbank 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: $274,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $701,057
For more financial information, click here
Official website here: www.centralilfoodbank.org
What is the mission statement of Central Illinois Foodbank Inc?
Central Illinois Foodbank Inc is dedicated to addressing food insecurity in their community. Their mission encompasses providing essential nourishment and promoting awareness for this issue. Annually, they distribute approximately 9.5 million pounds of food to various organizations including food pantries, soup kitchens, and children's programs within their twenty-one county region. Beyond supplying food to these partners, the Foodbank also offers programs like Kids Cafe, Summer Food, and Healthy Foods Distribution to extend their reach. The Foodbank's efforts contribute significantly to alleviating hunger and ensuring access to nutritious meals for those in need.
Official website here: www.centralilfoodbank.org
Who is the CEO of Central Illinois Foodbank Inc?
Dean Robert Jr is the President of Central Illinois Foodbank Inc.
Official website here: www.centralilfoodbank.org
What is the revenue of Central Illinois Foodbank Inc?
Central Illinois Foodbank Inc's revenue in 2023 was $17,327,822.
Official website here: www.centralilfoodbank.org
Who are the executives of Central Illinois Foodbank Inc and what are their salaries?
The average compensation at Central Illinois Foodbank Inc during 2023 was $42,402. There are 23 employees and 607 volunteers at Central Illinois Foodbank Inc.
Here are 13 key members and their salaries:
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- Compensation: $125,056
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- Compensation: $159,526
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- Other: $18,877
Official website here: www.centralilfoodbank.org
Where can I find the form 990 for Central Illinois Foodbank Inc?
Central Illinois Foodbank Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.centralilfoodbank.org
Learn more at the official website: www.centralilfoodbank.org
Mission Statement of Central Illinois Foodbank Inc
Central Illinois Foodbank Inc is a dedicated organization that strives to provide food and bring awareness to the issue of food insecurity. With a mission to feed those in need, the Foodbank distributes around 9.5 million pounds of food annually to over 150 partners, including food pantries, soup kitchens, children's organizations, and residential facilities, across its twenty-one county region. Going beyond just food distribution, Central Illinois Foodbank Inc also offers programs such as Kids Cafe, Summer Food, and Healthy Foods Distribution to ensure that individuals have access to nutritious meals. By supplying food to these partners, the Foodbank plays a crucial role in addressing food scarcity and supporting the community.
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Impact
October, 2024
Central Illinois Foodbank Inc plays a vital role in combating food insecurity in its twenty-one county region, distributing approximately 9.5 million pounds of food each year. Through its network of 150 food pantries, soup kitchens, children's organizations, and residential facilities, it ensures that vulnerable populations have access to nutritious food.
In addition to traditional food distribution, the Foodbank addresses the needs of children and families through specialized programs like Kids Cafe and Summer Food initiatives, which provide meals during critical times when school is out. The Healthy Foods Distribution Program further emphasizes the importance of nutrition, offering fresh and wholesome options to those in need.
By soliciting food products from the food industry and redistributing them to various feeding assistance partners, Central Illinois Foodbank Inc not only alleviates hunger but also fosters community awareness and encourages innovative solutions to the challenge of food insecurity.
This information is meant to be a general summary of Central Illinois Foodbank 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 2023.
- Investment Income: $67,136
- Program Service Revenue: $1,484,559
- Gross Receipts: $17,491,226
Assets and Liabilities:
- Total Assets: $13,682,553
- Total Liabilities: $751,676
- Net Assets: $12,930,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Food distribution
Revenue
$1,484,559
Organization Details
Founding Year
1981
Phone
(217) 522-4022Principal Officer
Dean Robert Jr
Main Address
1937 East Cook Street, Springfield, IL, 62703
Website
www.centralilfoodbank.orgNTEE Category
Code: K31Z - Food
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