Overview
What is Society Of St Vincent De Paul Racine County Council Inc?
Society of St Vincent de Paul Racine County Council Inc is a nonprofit organization situated in Racine, Wisconsin. Their primary objective is to offer aid to individuals and families in need, primarily in Racine County. They accomplish this mission through various means, including operating a retail store where merchandise is sold at an affordable price. This year, they opened a new store in Racine, and previously, they had a well-received resale store in Waterford, Wisconsin. Besides selling donated items, they also distribute 229 vouchers for essential living necessities. In addition to material support, they provide spiritual and compassionate assistance to the community, totalling 59,336 customers served. The organization employs 21 dedicated individuals to carry out their mission.
Official website here: www.svdpracine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Society of St Vincent De Paul Racine County Council Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The rating is based solely on its performance in these areas, highlighting the organization's commitment to transparency and responsible management of funds. The organization scored particularly well in categories such as independent board governance and financial oversight, with all board members being independent and an effective audit committee in place.
Strengths of the organization include its dedication to program expenses, with an impressive 95.64% of funds utilized directly for programs. This indicates a strong focus on mission-related activities rather than administrative costs. While the organization maintains a low ratio of liabilities to assets, showcasing its financial stability, there are a few areas noted for improvement, such as the absence of a whistleblower policy and documentation of board meeting minutes.
Overall, the Society of St Vincent De Paul Racine County Council Inc stands out as a reliable nonprofit with a solid financial base and a commitment to serving its community efficiently. However, addressing the noted governance gaps could further enhance its operational transparency and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of St Vincent De Paul Racine County Council Inc legitimate?
Society Of St Vincent De Paul Racine County Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of St Vincent De Paul Racine County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $658,554
For more financial information, click here
Official website here: www.svdpracine.org
What is the mission statement of Society Of St Vincent De Paul Racine County Council Inc?
The Society of St Vincent de Paul Racine County Council Inc is committed to providing essential aid to needy families primarily within their community. Their mission encompasses offering food, clothing, shelter, utilities, and spiritual support, all delivered with compassion. The organization operates a retail store, where merchandise is sold at affordable prices to assist those in need. In addition to the resale of donated items, they distribute vouchers for basic living essentials to numerous individuals and families. The society's efforts aim to uplift and support the community, fostering a sense of care and understanding towards those in need.
Official website here: www.svdpracine.org
Who is the CEO of Society Of St Vincent De Paul Racine County Council Inc?
Jim Corona is the President of Society Of St Vincent De Paul Racine County Council Inc.
Official website here: www.svdpracine.org
What is the revenue of Society Of St Vincent De Paul Racine County Council Inc?
Society Of St Vincent De Paul Racine County Council Inc's revenue in 2022 was $2,642,408.
Official website here: www.svdpracine.org
Who are the executives of Society Of St Vincent De Paul Racine County Council Inc and what are their salaries?
The average compensation at Society Of St Vincent De Paul Racine County Council Inc during 2022 was $31,360. There are 21 employees and 204 volunteers at Society Of St Vincent De Paul Racine County Council Inc.
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Official website here: www.svdpracine.org
Where can I find the form 990 for Society Of St Vincent De Paul Racine County Council Inc?
Society Of St Vincent De Paul Racine County Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svdpracine.org
Learn more at the official website: www.svdpracine.org
Mission Statement of Society Of St Vincent De Paul Racine County Council Inc
The Society of St. Vincent de Paul Racine County Council Inc is committed to providing essential assistance to families in need primarily within the county. This nonprofit organization's mission is twofold: firstly, it aims to offer food, clothing, shelter, and utilities to help alleviate the hardships faced by these families. Secondly, it provides spiritual and compassionate support, demonstrating a deep concern for the well-being of the individuals it serves.
To fulfill its mission, the Society of St. Vincent de Paul Racine County Council Inc operates a retail store. The primary objective of this store is to sell merchandise at affordable prices, thereby aiding individuals and families in need. Furthermore, the organization distributes vouchers for basic living items to 229 families annually. This initiative aims to ensure that these families have access to the necessities they require. The Society of St. Vincent de Paul Racine County Council Inc serves a significant number of customers each year, with over 59,000 individuals benefiting from its services.
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Impact
July, 2024
Society Of St Vincent De Paul Racine County Council Inc provides vital assistance to needy families primarily in Racine County. Through their activities such as providing food, clothing, shelter, utilities, and spiritual and compassionate support, they have a significant impact on the community. Their store, which sells merchandise at a minimal cost, helps to support individuals and families in need. The organization's dedication to serving the less fortunate is evident in the number of customers they assist, with 59,336 customers benefiting from their services. Their mission to provide essential support to those facing hardships in Racine County is truly commendable.
This information is meant to be a general summary of Society Of St Vincent De Paul Racine County 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: $32,884
- Program Service Revenue: $1,073,180
- Gross Receipts: $2,642,408
Assets and Liabilities:
- Total Assets: $1,676,896
- Total Liabilities: $96,968
- Net Assets: $1,579,928
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BALES
SHOE RECYCLING
THRIFT STORE-WATERFORD
Revenue
$1,073,180
Organization Details
Founding Year
1934
Phone
(262) 633-6467Principal Officer
Jim Corona
Main Address
PO BOX 44195, RACINE, WI, 53404
Website
www.svdpracine.orgNTEE Category
Code: X22 - Religion related
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