Overview
What is Neighbors Inc?
Neighbors Inc, based in South St. Paul, Minnesota, is a nonprofit organization that prioritizes community support. With a mission to empower volunteers and staff, they offer essential services such as food, clothing, and individual assistance to individuals with low incomes, primarily serving communities in and around South St. Paul, West St. Paul, Inver Grove Heights, Mendota, Mendota Heights, Lilydale, and Sunfish Lake. The organization caters to a diverse population, with 40% being white, 32% Latinx, 14% African American, 12% multiracial, and 2% Asian and Native American. Neighbors Inc has evolved over time to address the changing needs of its community, now operating multiple food relief programs, emergency small sums grants, and clothing vouchers through their thrift store. They also have a seasonal holiday gift adoption program for families in need. The organization relies heavily on volunteers to help meet its mission and provides opportunities for community engagement, education, and training. When someone contacts Neighbors for food support, they are offered comprehensive assistance, including eligibility screening for various federal and state programs. The organization addresses the community's needs in food security, resilience, and community engagement.
Official website here: www.neighborsmn.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Stars)
Neighbors Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. With a high Accountability & Finance Score of 97, the organization demonstrates transparency and effective use of its resources. Key metrics, such as a Program Expense Ratio of 92.65%, indicate that a significant portion of its expenditures is directed toward its programs, further showcasing its commitment to fulfilling its mission.
The nonprofit benefits from a fully independent board, comprising ten members, which contributes to effective governance. Its fundraising efficiency is notable, with a low cost of $0.02 per dollar raised, indicating that the majority of funds raised are utilized for its programs and initiatives. Additionally, the organization scores full points for its audit and oversight practices and demonstrates prudent management of its assets.
While the organization exhibits many strengths, there is limited feedback regarding its specific programs and community impact, which could provide a more comprehensive view of its effectiveness. Nonetheless, the strong financial health and governance practices suggest that Neighbors Inc is a reliable and trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Neighbors Inc legitimate?
Neighbors Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighbors 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: $129,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $691,084
For more financial information, click here
Official website here: www.neighborsmn.org
What is the mission statement of Neighbors Inc?
Neighbors Inc, established in response to an economic crisis, operates with a mission to provide opportunities for individuals in need to thrive. This is achieved by connecting volunteers with those in need. Their vision is reflected in their actions, aiming to create transformed communities where everyone is nourished. Tracing back to 1972, the organization was founded by six local faith communities, who sought to support families affected by the closure of meat packing companies. Since then, Neighbors Inc has expanded its network, working with various faith communities, businesses, civic groups, foundations, and others, maintaining the philosophy of serving the community through the time and talent of volunteers.
Official website here: www.neighborsmn.org
Who is the CEO of Neighbors Inc?
Charles D Thompson is the Chair of Neighbors Inc. The CEO's salary of Neighbors Inc is $115,437 and their total compensation is $120,722.
Official website here: www.neighborsmn.org
What is the revenue of Neighbors Inc?
Neighbors Inc's revenue in 2022 was $3,081,544.
Official website here: www.neighborsmn.org
Who are the executives of Neighbors Inc and what are their salaries?
The average compensation at Neighbors Inc during 2022 was $43,203. There are 19 employees and 465 volunteers at Neighbors Inc.
Here are 13 key members and their salaries (Neighbors Inc's CEO's salary is $115,437 and their total compensation is $120,722):
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- Compensation: $115,437
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- Other: $5,285
Official website here: www.neighborsmn.org
Where can I find the form 990 for Neighbors Inc?
Neighbors Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neighborsmn.org
Learn more at the official website: www.neighborsmn.org
Mission Statement of Neighbors Inc
Neighbors Inc, established in 1972, is a mission-driven organization with a vision of transforming communities where all individuals are nourished. Its mission, in essence, is to provide opportunities for neighbors to thrive by connecting volunteers with those in need. This nonprofit organization originated from the collective efforts of six local faith communities, aiming to assist families who were struggling following the closure of two major local industries, resulting in the loss of 9,000 jobs.
The philosophy of Neighbors Inc revolves around serving the community through the time and talent of volunteers. Over the years, the organization has grown and now operates with the support of more than 30 faith communities, local businesses, civic groups, foundations, and numerous other entities. Neighbors Inc's mission is reflected in its daily operations, as it continuously strives to connect volunteers with people in need, thereby contributing to a thriving community.
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Impact
July, 2024
Neighbors Inc's impact is profound in providing opportunities for our neighbors to thrive by connecting volunteers with people in need. By offering a range of services including food support, resiliency programs, and community engagement initiatives, Neighbors Inc has significantly improved the lives of individuals with low incomes in Northern Dakota County. Through their comprehensive efforts, they ensure that those seeking assistance not only receive basic necessities like food and clothing but also access to a variety of support services that address diverse needs such as housing, utilities, education, and employment. This organization's commitment to serving a culturally diverse population reflects their inclusive approach to community support. Overall, Neighbors Inc stands out for its long-standing dedication to transforming communities and nourishing the lives of those they serve.
This information is meant to be a general summary of Neighbors 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: $6,655
- Program Service Revenue: $139,227
- Gross Receipts: $3,108,272
Assets and Liabilities:
- Total Assets: $3,016,753
- Total Liabilities: $137,551
- Net Assets: $2,879,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES TO PUBLIC
Revenue
$69,819
GOVERNMENT FEES
Revenue
$69,408
Organization Details
Founding Year
1974
Phone
(651) 455-5000Principal Officer
Charles D Thompson
Main Address
222 GRAND AVE W, SOUTH ST PAUL, MN, 550754000
Website
www.neighborsmn.orgNTEE Category
Code: P600 - Human services
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