Overview
What is Good Samaritan Ministries?
Good Samaritan Ministries is a nonprofit organization headquartered in Holland, Michigan, with a mission to end poverty and homelessness within their community. They achieve this objective by engaging faith-based and community partners, activating individual and community assets, and addressing immediate needs. Affordable housing is a significant aspect of their mission, as they help vulnerable individuals and families achieve housing stability and offer affordable housing to low-income households. Their professional property management services prioritize the care of tenants, ensuring they are equipped to thrive and avoid eviction. The organization also catalyzes financial goals for low-income individuals and families through the Circles program, bringing together people of diverse income backgrounds. The Clearinghouse serves as a valuable resource portal for individuals, families, agencies, and churches to find appropriate referrals for immediate needs. With a workforce of 37 employees, Good Samaritan Ministries is dedicated to making a difference and creating a lasting impact in their community.
Official website here: www.goodsamottawa.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star Rating)
Good Samaritan Ministries has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored an impressive 96% in this category, showcasing effective governance and oversight practices, which are critical for maintaining donor trust and confidence.
The nonprofit boasts an entirely independent board, with 100% of its members meeting this criterion, indicating a high level of impartiality in decision-making. Additionally, the organization has established robust policies such as a conflict of interest policy and a whistleblower policy, further enhancing its operational integrity. The financial health of Good Samaritan Ministries is also notable, with a low liabilities to assets ratio and a high program expense ratio, suggesting that the majority of funds are directed toward its mission-related activities.
While the data reflects strong governance and financial management, there are no specific limitations identified in the ratings. This further reinforces the organization's reputation as a reliable entity that effectively utilizes its resources to serve its community. Overall, Good Samaritan Ministries stands out as a responsible nonprofit committed to transparency and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Good Samaritan Ministries legitimate?
Good Samaritan Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Samaritan Ministries 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: $66,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,014,418
For more financial information, click here
Official website here: www.goodsamottawa.org
What is the mission statement of Good Samaritan Ministries?
Good Samaritan Ministries is dedicated to ending poverty and homelessness within the community. They accomplish this mission by mobilizing faith-based and community partners, activating individual and community assets, and addressing immediate needs. The organization offers affordable housing connections, helping vulnerable individuals and families achieve stability. Good Samaritan Ministries also manages properties with a tenant-focused approach and provides financial assistance through Circles, a program that brings together individuals of diverse income levels. Their Clearinghouse serves as a vital resource hub for individuals, families, agencies, and churches, ensuring they can access the necessary referrals to meet their immediate needs.
Official website here: www.goodsamottawa.org
What is the revenue of Good Samaritan Ministries?
Good Samaritan Ministries's revenue in 2024 was $2,950,761.
Official website here: www.goodsamottawa.org
Who are the executives of Good Samaritan Ministries and what are their salaries?
The average compensation at Good Samaritan Ministries during 2024 was $27,021. There are 40 employees and 50 volunteers at Good Samaritan Ministries.
Here are 11 key members and their salaries:
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- Compensation: $13,787
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Official website here: www.goodsamottawa.org
Where can I find the form 990 for Good Samaritan Ministries?
Good Samaritan Ministries's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.goodsamottawa.org
Learn more at the official website: www.goodsamottawa.org
Mission Statement of Good Samaritan Ministries
Good Samaritan Ministries, a mission-driven organization, strives to put an end to poverty and homelessness in the community. They believe in mobilizing faith-based and community partners, activating individual and community assets, and addressing immediate needs to make a significant impact.
The organization's efforts begin with their Affordable Housing Connections program, which helps vulnerable individuals and families achieve housing stability. Good Samaritan Ministries provides affordable housing to low-income households, ensuring they have a safe and secure place to call home. GSM Properties' professional property management services prioritize tenant care, fostering an environment where tenants are equipped to thrive and avoid eviction.
Moreover, Good Samaritan Ministries facilitates the Circles program, which brings people from diverse income backgrounds together to support low-income individuals and families in achieving their financial goals. This collaborative approach creates a powerful network that empowers community members to lift each other up and break the cycle of poverty.
Lastly, the organization's Clearinghouse serves as a valuable resource portal for individuals, families, agencies, and churches seeking appropriate referrals to meet their immediate needs. By connecting those in need with the right resources, Good Samaritan Ministries strengthens the community and helps people regain control of their lives. Overall, Good Samaritan Ministries' mission is to unite and empower the community to end poverty and homelessness.
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Impact
October, 2024
Good Samaritan Ministries has a profound impact on addressing poverty and homelessness by mobilizing community resources and fostering partnerships. Their efforts revolve around achieving housing and financial stability for vulnerable individuals and families, ensuring that low-income households have access to affordable housing. Through initiatives like Affordable Housing Connections, they connect those in need with shelter while providing the necessary support to avoid eviction.
The organization also facilitates programs such as Circles, which brings together people from diverse economic backgrounds to help low-income individuals and families reach their financial goals, promoting financial literacy and community support. Additionally, Clearinghouse serves as a vital resource portal, offering referrals and connections to meet immediate needs for individuals, families, agencies, and churches.
Through these multifaceted approaches, Good Samaritan Ministries actively works to transform lives, instill hope, and reduce the prevalence of poverty and homelessness in the Holland, MI community. Their holistic strategies not only address immediate needs but also empower individuals to build a stable and secure future.
This information is meant to be a general summary of Good Samaritan Ministries. 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 2024.
- Investment Income: $71,139
- Program Service Revenue: $1,334,034
- Gross Receipts: $2,964,260
Assets and Liabilities:
- Total Assets: $4,532,054
- Total Liabilities: $1,788,042
- Net Assets: $2,744,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING PROGRAM INCOME
Revenue
$842,559
PROPERTY MANAGEMENT IN
Revenue
$431,578
RENT INCOME
Revenue
$36,283
UNITED WAY- GREATER OT
Revenue
$23,614
Organization Details
Founding Year
1969
Principal Officer
De Vos Brian
Website
www.goodsamottawa.orgNTEE Category
Code: P600 - Human services
If you are a representative of Good Samaritan Ministries and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.