Overview
What is Beloit Meals On Wheels Inc?
Beloit Meals On Wheels Inc is a compassionate nonprofit organization located in Beloit, Wisconsin, specifically at 1534 Shore Drive. Their primary mission is to nourish and enhance the lives of homebound seniors, as well as the disabled, promoting dignity and independent living. With a dedicated team of five employees, they deliver daily nutritious meals and offer relevant information to their beneficiaries, ensuring they maintain their independence and quality of life. The organization is committed to this mission, striving to make a positive impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Beloit Meals On Wheels Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a score of 94%, the organization excels in providing transparency and responsible management of its resources, ensuring that the majority of its expenditures directly benefit the community it serves.
The nonprofit boasts a fully independent board, with all members being free from conflicts of interest. Its financial practices are sound, as evidenced by a high program expense ratio of 87.34%, ensuring that the majority of funds are used for its core mission of delivering meals. Additionally, the organization has established robust policies regarding whistleblower protections and document retention, further emphasizing its dedication to ethical governance.
While the organization's financial health appears strong, with a low liabilities to assets ratio of 1.36%, it is important to consider the salary disclosures. The executive director's salary is notably higher than others listed, which may raise questions about compensation fairness within the organization. Overall, Beloit Meals On Wheels Inc demonstrates a solid operational framework that supports its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Beloit Meals On Wheels Inc legitimate?
Beloit Meals On Wheels Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beloit Meals On Wheels 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: $71,857
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,220
For more financial information, click here
What is the mission statement of Beloit Meals On Wheels Inc?
Beloit Meals On Wheels Inc's mission is centered around nourishing and enriching the lives of homebound seniors, aiming to uphold their dignity and promote independent living. The organization provides daily nutritious meals to seniors, the elderly, and disabled individuals, serving as a vital resource to maintain their well-being and self-reliance. By delivering these meals, Beloit Meals On Wheels contributes to the overall health and independence of its recipients, ensuring they can continue to live in their own homes with dignity.
Who is the CEO of Beloit Meals On Wheels Inc?
Ellen Wiegand is the Director of Beloit Meals On Wheels Inc.
What is the revenue of Beloit Meals On Wheels Inc?
Beloit Meals On Wheels Inc's revenue in 2022 was $1,542,992.
Who are the executives of Beloit Meals On Wheels Inc and what are their salaries?
The average compensation at Beloit Meals On Wheels Inc during 2022 was $27,615. There are 5 employees and 518 volunteers at Beloit Meals On Wheels Inc.
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- Compensation: $71,857
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Where can I find the form 990 for Beloit Meals On Wheels Inc?
Beloit Meals On Wheels Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beloit Meals On Wheels Inc
Beloit Meals On Wheels, as a nonprofit organization, is dedicated to enriching the lives of homebound seniors. Their mission is to promote dignity and independent living among this population by providing them with daily nutritious meals. By doing so, the organization aims to alleviate the challenges faced by elderly and disabled individuals who may find it difficult to obtain or prepare meals for themselves. This service not only ensures their nutritional needs are met but also contributes to their overall well-being and ability to maintain their independence. Additionally, Beloit Meals On Wheels offers informational resources to further support their clients, emphasizing their commitment to improving the lives of the homebound elderly.
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Impact
July, 2024
Beloit Meals On Wheels Inc's impact is centered around nourishing and enriching the lives of homebound seniors in Beloit, Wisconsin. They provide daily nutritious meals to promote dignity and independent living for the elderly and disabled individuals in the community. Their mission is to ensure that those in need receive not only sustenance but also crucial information to support their well-being. Through their efforts, Beloit Meals On Wheels Inc plays a vital role in improving the quality of life for those who may otherwise struggle with access to proper nutrition and support services.
This information is meant to be a general summary of Beloit Meals On Wheels 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: $4,859
- Program Service Revenue: $89,467
- Gross Receipts: $1,542,992
Assets and Liabilities:
- Total Assets: $1,824,446
- Total Liabilities: $24,969
- Net Assets: $1,799,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES, CLIENT PAYMENTS
Revenue
$89,467
Organization Details
Founding Year
1971
Phone
(608) 362-3683Principal Officer
Ellen Wiegand
Main Address
1534 SHORE DRIVE, BELOIT, WI, 53511
NTEE Category
Code: K36 - Food
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