Overview
What is Resourcewest?
Resourcewest is a nonprofit organization located in Hopkins, Minnesota, specifically at 1011 1st St S. Their primary mission is to assist low-income families and individuals in the West Metro area who are finding it challenging to meet their daily needs. Resourcewest aims to help these individuals become more connected, resourceful, and hopeful for a better future. They achieve this goal through collaborative programs and connections to resources, guiding them towards greater stability. Their initiatives are divided into two main areas: Social Services and Children and Youth Programs. Within Social Services, they offer case management, emergency assistance, and an information and referral service, connecting individuals to resources such as food, clothing, housing, and healthcare. In the Children and Youth Programs, they provide support through initiatives like the Back-to-School Program, Winter Warm Wear Program, and Toy Chest Program, ensuring children in need have access to essential school supplies, winter clothing, and holiday gifts. Resourcewest serves a significant number of households and children annually, striving to positively impact the community by offering hope and stability to those in need. With a dedicated team of six employees, they work tirelessly to improve the lives of their neighbors in the West Metro area.
Official website here: www.resourcewest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Resourcewest has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is solely derived from its Accountability & Finance metrics, which emphasize the organization's financial health and governance practices. The strong rating indicates a well-managed nonprofit with responsible stewardship of its resources.
The organization exhibits several strengths in its governance, including a fully independent board composed of nine members, with no material diversion of assets. It has implemented comprehensive policies, such as conflict of interest, whistleblower protections, and document retention, which are all crucial for maintaining transparency and accountability. Additionally, a high program expense ratio of 76.29% suggests that a significant portion of its funds are directed towards its mission-driven activities.
Despite its strong performance, the rating is based on a single category, which may limit insights into other important areas such as program effectiveness and community impact. However, based on available data, Resourcewest appears to prioritize accountability in its operations, making it a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Resourcewest legitimate?
Resourcewest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resourcewest 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: $82,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,426
For more financial information, click here
Official website here: www.resourcewest.org
What is the mission statement of Resourcewest?
ResourceWest, a non-profit organization, aims to support individuals and families in communities experiencing financial hardship, by providing collaborative programs and connections to resources. This assistance is designed to help these individuals and families move towards greater stability. ResourceWest's mission is achieved through two primary initiatives: social services and children and youth programs. The social services program offers case management, emergency assistance, and referrals to other agencies, while the children and youth programs provide resources during back-to-school seasons, winter, and through the Toy Chest Program. The organization's services, from crisis intervention to long-term support, ultimately contribute to healthier communities by helping one neighbor at a time.
Official website here: www.resourcewest.org
What is the revenue of Resourcewest?
Resourcewest's revenue in 2024 was $501,509.
Official website here: www.resourcewest.org
Who are the executives of Resourcewest and what are their salaries?
The average compensation at Resourcewest during 2024 was $46,649. There are 5 employees and 150 volunteers at Resourcewest.
Here are 12 key members and their salaries:
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- Compensation: $79,610
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- Other: $2,129
Official website here: www.resourcewest.org
Where can I find the form 990 for Resourcewest?
Resourcewest's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.resourcewest.org
Learn more at the official website: www.resourcewest.org
Mission Statement of Resourcewest
ResourceWest, a non-profit community agency, is dedicated to supporting low-income families and individuals in the West Metro who are struggling to make ends meet. The organization's mission is to help these individuals become more connected, resourceful, and hopeful for their future. ResourceWest achieves this mission by collaborating with various programs and providing connections to resources that can help families and individuals move towards greater stability.
ResourceWest's approach is two-fold. Firstly, they offer social services, which include case management, emergency assistance, and an information and referral service. Case managers work with community members to help them achieve greater stability. Emergency assistance grants are provided for transportation challenges, childcare assistance, and employment. Furthermore, the information and referral service offers answers to questions and referrals to other agencies that provide assistance with food, clothing, housing, healthcare, and more.
Secondly, ResourceWest focuses on children and youth programs. They run several initiatives, such as the Back-to-School Program, the Winter Warm Wear Program, and the Toy Chest Program. These programs aim to support children by providing school supplies, winter clothing, and gifts during the holiday season. Through these initiatives, ResourceWest serves over 3,000 children each year, helping to bring joy and support to families in need.
In summary, ResourceWest is a non-profit organization that supports low-income families and individuals in the West Metro by connecting them to resources and collaborating with various programs. Their mission is to help these individuals become more connected, resourceful, and hopeful for their future, moving towards greater stability. Their social services and children and youth programs provide essential assistance and support, helping to improve the lives of many families and individuals in the community.
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Impact
July, 2024
ResourceWest's impact can be seen in the lives of individuals and families in the West Metro region who have been able to receive support and assistance through collaborative programs and connections to resources. By providing services ranging from case management to emergency assistance grants, ResourceWest has helped stabilize families in crisis and guide them towards a more hopeful future. Additionally, their children and youth programs have benefited thousands of young individuals, providing them with necessary resources like school supplies, winter clothing, and holiday gifts. Through their efforts, ResourceWest not only supports individual families but also contributes to building healthier communities one neighbor at a time.
This information is meant to be a general summary of Resourcewest. 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 2024.
- Investment Income: $8,943
- Gross Receipts: $513,685
Assets and Liabilities:
- Total Assets: $454,095
- Total Liabilities: $13,894
- Net Assets: $440,201
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Organization Details
Founding Year
2000
Principal Officer
Sara Chovan
Website
www.resourcewest.orgNTEE Category
Code: B90 - Education
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