Overview
What is Ronald Mcdonald House Charities Midwest Mn Wi Ia?
Ronald Mcdonald House Charities Midwest Mn Wi Ia is a renowned nonprofit organization situated in Rochester, Minnesota. For over four decades, they have been providing a compassionate "home away from home" for families with children undergoing medical treatment. Their primary mission is to support these families during challenging times, keeping them united during the demanding days and long nights associated with their child's medical journey. With the support of their founding mission partner, McDonald's, this organization relies on the generosity of their community and the dedication of committed volunteers to fulfill their mission. They serve families from across the United States and around the world, offering essential comfort and care to each family they assist. Their team of 29 individuals works tirelessly to ensure the success of their mission.
Official website here: www.rmhcmidwestmwi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 98% - Four-Star out of Four Star Rating
Ronald McDonald House Charities Midwest Mn Wi Ia has achieved an impressive 98% rating on Charity Navigator, reflecting its strong performance in accountability and finance. The organization maintains a high program expense ratio of 86.02%, indicating that a significant portion of its funding is directed towards its mission. Additionally, the charity boasts a robust working capital ratio of 8.94 years, showcasing its financial stability.
Strengths in leadership and community engagement are evident, with perfect scores in both leadership adaptability and culture. The board of directors is entirely independent, comprising 22 members, which enhances transparency and governance. The charity also displays exemplary practices in financial oversight and feedback collection, demonstrating its commitment to accountability and responsiveness to stakeholders.
While the charity excels in multiple areas, the ratings suggest that there may be room for improvement in its leadership and adaptability metrics, which received lower overall weight in the evaluation. Nonetheless, the high levels of financial management and community involvement make Ronald McDonald House Charities Midwest Mn Wi Ia a commendable choice for potential donors looking to support a well-managed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ronald Mcdonald House Charities Midwest Mn Wi Ia legitimate?
Ronald Mcdonald House Charities Midwest Mn Wi Ia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ronald Mcdonald House Charities Midwest Mn Wi Ia 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: $116,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,036,910
For more financial information, click here
Official website here: www.rmhcmidwestmwi.org
What is the mission statement of Ronald Mcdonald House Charities Midwest Mn Wi Ia?
Ronald Mcdonald House Charities aims to provide a "home away from home" and offer supportive services to families whose children require medical care. This organization's mission is to alleviate the impact of a child's medical treatment on their entire family, keeping them together during challenging times. The Ronald Mcdonald House relies on the generosity of a caring community and the dedication of committed volunteers to carry out its mission, which is to advance its cause with the support of its founding mission partner, McDonald's. The house provides a sanctuary for families from across the United States and around the world, offering them comfort and support during their children's medical journeys.
Official website here: www.rmhcmidwestmwi.org
Who is the CEO of Ronald Mcdonald House Charities Midwest Mn Wi Ia?
Nick Mueller is the Executive Director of Ronald Mcdonald House Charities Midwest Mn Wi Ia.
Official website here: www.rmhcmidwestmwi.org
What is the revenue of Ronald Mcdonald House Charities Midwest Mn Wi Ia?
Ronald Mcdonald House Charities Midwest Mn Wi Ia's revenue in 2022 was $4,440,454.
Official website here: www.rmhcmidwestmwi.org
Who are the executives of Ronald Mcdonald House Charities Midwest Mn Wi Ia and what are their salaries?
The average compensation at Ronald Mcdonald House Charities Midwest Mn Wi Ia during 2022 was $39,781. There are 29 employees and 347 volunteers at Ronald Mcdonald House Charities Midwest Mn Wi Ia.
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- Compensation: $39,161
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- Other: $980
Official website here: www.rmhcmidwestmwi.org
Where can I find the form 990 for Ronald Mcdonald House Charities Midwest Mn Wi Ia?
Ronald Mcdonald House Charities Midwest Mn Wi Ia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmhcmidwestmwi.org
Learn more at the official website: www.rmhcmidwestmwi.org
Mission Statement of Ronald Mcdonald House Charities Midwest Mn Wi Ia
Ronald McDonald House Charities Midwest MN Wi IA's mission is centered around providing a "home away from home" and offering supportive services to families who are seeking medical care for their children. This nonprofit organization aims to alleviate the impact that a child's medical treatment has on the entire family by keeping them together during challenging times and long nights. For four decades, Ronald McDonald House has been serving families from various parts of the United States and beyond, providing them with a caring environment and the necessary support they need during their child's medical journey. The organization relies on the generosity of a compassionate community and the dedication of committed volunteers to advance its mission, which is to make a difference in the lives of these families during their difficult times.
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Impact
July, 2024
Ronald McDonald House Charities Midwest Mn Wi Ia has a significant impact by providing a "home away from home" and support to families seeking medical care for their children. The organization, specifically the Ronald McDonald House in Rochester, MN, has been serving families for forty years, offering a caring and supportive environment for families facing the challenges of a child's medical treatment. By keeping families together during difficult days and long nights, Ronald McDonald House Charities Midwest Mn Wi Ia plays a crucial role in helping families navigate through challenging times. Supported by the generosity of the community and dedicated volunteers, the organization fulfills its mission of providing comfort and support to those in need.
This information is meant to be a general summary of Ronald Mcdonald House Charities Midwest Mn Wi Ia. 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: $469,236
- Program Service Revenue: $44,768
- Gross Receipts: $4,707,807
Assets and Liabilities:
- Total Assets: $26,472,033
- Total Liabilities: $215,239
- Net Assets: $26,256,794
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THIRD PARTY BILLING
Revenue
$44,768
Organization Details
Founding Year
1979
Phone
(507) 282-3955Principal Officer
Nick Mueller
Main Address
850 2ND ST SW, ROCHESTER, MN, 55902
Website
www.rmhcmidwestmwi.orgNTEE Category
Code: E86 - Health
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