Overview
What is Sisters Of St Joseph Ministries Fund?
Sisters Of St Joseph Ministries Fund is a 501(C)(3) charitable organization based in St. Paul, Minnesota, with a team of seven dedicated individuals. Their primary mission is to make a positive impact in the lives of those in need by raising and distributing funds to support the various ministries served by the Sisters of St. Joseph of Carondelet, St. Paul Province. Their supported initiatives include healthcare services for low-income families, a safe haven for women, an English language school, and a year-long social change program. These ministries cater to various needs, such as health care, education, human services, and spiritual growth, in the Twin Cities and other communities where the Sisters of St. Joseph are present.
Official website here: www.csjministriesfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
The Sisters Of St Joseph Ministries Fund has achieved a solid Three-Star rating, reflecting an 80% score based entirely on its Accountability & Finance practices. This rating signifies a commitment to transparency and responsible financial management, particularly in maintaining an independent board, which consists entirely of 19 members, ensuring unbiased governance.
The organization excels in various areas, scoring full points for its conflict of interest policy, whistleblower policy, and the establishment of an audit and oversight committee. Additionally, the absence of material diversion of assets and a strong liabilities to assets ratio indicates a prudent financial approach. However, the program expense ratio of 57.53% suggests that there may be room for improvement in allocating funds directly to programmatic activities.
Overall, while the Sisters Of St Joseph Ministries Fund demonstrates strong governance and accountability measures, its program expense ratio indicates a somewhat lower percentage of funds directed to its programs, which could be a point of consideration for potential donors looking for high programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Sisters Of St Joseph Ministries Fund legitimate?
Sisters Of St Joseph Ministries Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sisters Of St Joseph Ministries Fund 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: $124,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,432
For more financial information, click here
Official website here: www.csjministriesfoundation.org
What is the mission statement of Sisters Of St Joseph Ministries Fund?
The Sisters of St. Joseph Ministries Fund aims to positively impact the lives of those in need by raising and distributing funds. This mission serves to support the ongoing and future ministries of the Sisters of St. Joseph of Carondelet, a recognized 501(C)(3) religious organization. The Ministries Foundation fosters a partnership among individuals who recognize the importance of the Sisters' mission and contribute to making a difference in the lives of those less fortunate.
Official website here: www.csjministriesfoundation.org
Who is the CEO of Sisters Of St Joseph Ministries Fund?
Ralph Scorpio is the Executive Director (Ex Officio) of Sisters Of St Joseph Ministries Fund.
Official website here: www.csjministriesfoundation.org
What is the revenue of Sisters Of St Joseph Ministries Fund?
Sisters Of St Joseph Ministries Fund's revenue in 2022 was $884,046.
Official website here: www.csjministriesfoundation.org
Who are the executives of Sisters Of St Joseph Ministries Fund and what are their salaries?
The average compensation at Sisters Of St Joseph Ministries Fund during 2022 was $60,699. There are 7 employees and 45 volunteers at Sisters Of St Joseph Ministries Fund.
Here are 19 key members and their salaries:
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Official website here: www.csjministriesfoundation.org
Where can I find the form 990 for Sisters Of St Joseph Ministries Fund?
Sisters Of St Joseph Ministries Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csjministriesfoundation.org
Learn more at the official website: www.csjministriesfoundation.org
Mission Statement of Sisters Of St Joseph Ministries Fund
The Sisters of St. Joseph Ministries Fund is an organization dedicated to making a significant impact in the lives of those in need. By acting as a catalyst, it generates and distributes funds to support the ongoing and future ministries of the Sisters of St. Joseph of Carondelet, a recognized 501(C)(3) church organization. This mission-driven partnership recognizes the importance of the Sisters of St. Joseph's mission and aims to extend their reach and impact, thereby making a difference in the lives of numerous individuals. The Ministries Foundation serves as a vital resource, ensuring the continuation and development of the Sisters of St. Joseph of Carondelet's charitable endeavors.
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Impact
July, 2024
The impact of the Sisters Of St Joseph Ministries Fund is profound and far-reaching. Through their Partners in Ministry Grants, they support essential services like healthcare, education, human services, and spiritual development for those in need. Ministries such as St. Mary's Health Clinics, Sarah's Oasis for Women, Learning in Style, and The St. Joseph Worker Program benefit from these grants, providing vital support to low-income individuals, immigrants, and those seeking to improve their lives. By generating and allocating funds, the Sisters Of St Joseph Ministries Fund plays a crucial role in empowering communities and fostering social change.
This information is meant to be a general summary of Sisters Of St Joseph Ministries Fund. 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.
- Program Service Revenue: $69,294
- Gross Receipts: $26,929,087
Assets and Liabilities:
- Total Assets: $19,387,202
- Total Liabilities: $377,259
- Net Assets: $19,009,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Fees
Revenue
$69,294
Organization Details
Founding Year
1992
Phone
(651) 690-7097Principal Officer
Ralph Scorpio
Main Address
1884 Randolph Ave, St Paul, MN, 55105
NTEE Category
Code: X22 - Religion related
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