Overview
What is Society Of St Vincent De Paul Of Monroe Inc?
Society of St. Vincent de Paul of Monroe Inc is a compassionate nonprofit organization situated in Monroe, Wisconsin. Their primary mission is to operate and manage a charitable store, where they collect used merchandise and sell it back to the community at affordable prices. This initiative serves as a valuable resource for the local community, making essential items more accessible to individuals with limited financial means. The organization, with a team of 16 dedicated employees, is dedicated to contributing positively to the well-being of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Star Rating)
The Society of St. Vincent De Paul of Monroe Inc has received a two-star rating from Charity Navigator, reflecting a score of 71%. This score is entirely derived from their Accountability & Finance metrics, indicating that while the organization meets certain financial standards, there may be room for improvement in overall operations and impact.
The organization boasts a fully independent board with 100% of its members being independent, which is a positive indicator of governance. Additionally, they demonstrate strong financial health with a low liabilities to assets ratio of 11.04% and a high program expense ratio of 85.78%, suggesting that a significant portion of their resources is allocated towards their charitable programs.
However, the overall rating signifies that the organization might face challenges in areas beyond financial management. While their financial practices are commendable, further transparency and effectiveness in other operational aspects may be necessary to enhance their impact and rating.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of St Vincent De Paul Of Monroe Inc legitimate?
Society Of St Vincent De Paul Of Monroe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of St Vincent De Paul Of Monroe 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: $551,265
For more financial information, click here
What is the mission statement of Society Of St Vincent De Paul Of Monroe Inc?
The Society of St Vincent de Paul of Monroe Inc. is dedicated to operating and maintaining a charitable store. The primary purpose of this store is to collect utilized items and subsequently sell them at affordable prices, returning these goods back to the community. This mission serves to provide essential items to the community at reduced costs, promoting social equality and economic accessibility.
Who is the CEO of Society Of St Vincent De Paul Of Monroe Inc?
Roy Thomas is the President of Society Of St Vincent De Paul Of Monroe Inc.
What is the revenue of Society Of St Vincent De Paul Of Monroe Inc?
Society Of St Vincent De Paul Of Monroe Inc's revenue in 2022 was $1,000,770.
Who are the executives of Society Of St Vincent De Paul Of Monroe Inc and what are their salaries?
The average compensation at Society Of St Vincent De Paul Of Monroe Inc during 2022 was $34,454. There are 16 employees and 12 volunteers at Society Of St Vincent De Paul Of Monroe Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Society Of St Vincent De Paul Of Monroe Inc?
Society Of St Vincent De Paul Of Monroe Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Society Of St Vincent De Paul Of Monroe Inc
The Society of St. Vincent de Paul of Monroe Inc. is dedicated to operating and maintaining a charitable store with a noble mission. This mission involves collecting a vast array of used merchandise and reselling it at affordable prices back to the community. By doing so, the organization aims to provide essential items to individuals and families in need, promoting economic accessibility and social justice within the community. The Society's charitable store serves as a vital resource, allowing people to obtain necessities at a reduced cost, thereby contributing to their overall well-being and economic stability.
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Impact
July, 2024
The Society of St. Vincent de Paul of Monroe Inc operates and maintains a charitable store that collects used merchandise and resells it at low cost back to the community. Their impact lies in providing affordable goods to the community while also supporting their mission of helping those in need. By offering low-cost items, they make it easier for individuals and families to access essential goods and support their overall well-being. This organization's work contributes to the betterment of the community and helps to address the needs of vulnerable populations.
This information is meant to be a general summary of Society Of St Vincent De Paul Of Monroe 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: $10,522
- Gross Receipts: $1,052,958
Assets and Liabilities:
- Total Assets: $1,871,974
- Total Liabilities: $256,640
- Net Assets: $1,615,334
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Organization Details
Founding Year
1994
Phone
(608) 329-7837Principal Officer
Roy Thomas
Main Address
PO Box 178, Monroe, WI, 53566
NTEE Category
Code: P29 - Human services
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