Minnesota Council Of Churches Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 416022658 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota Council Of Churches Foundation?

The Minnesota Council of Churches Foundation is a nonprofit organization, headquartered at 122 West Franklin Avenue, Suite 100, Minneapolis, Minnesota 55404. Its primary mission is to provide annual financial assistance to the Minnesota Council of Churches, an entity dedicated to fostering interfaith collaboration and advocating for social justice issues. While the specific programs and initiatives of the foundation are not specified in the provided information, we can infer that their support contributes to the broader mission of the Minnesota Council of Churches. The foundation's role is crucial in upholding the Council's operations and promoting its goals within the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall, the Minnesota Council of Churches Foundation has been rated with a score of 73%, which corresponds to a Two-Star out of Four Star rating. This indicates that while the organization meets some criteria for accountability and finance, there are areas that require significant improvement, particularly in governance and transparency.

The foundation demonstrates strengths in having an independent board, with all members meeting this criteria, and it maintains a strong program expense ratio of 73.67%. Additionally, the organization has shown good management of its assets, with a liabilities to assets ratio of 0.00% and no material diversion of assets reported. These factors reflect a solid foundational structure in terms of financial health and oversight.

However, the foundation lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have all been flagged as missing. Furthermore, there is an absence of publicly available tax forms on the nonprofit's website. These gaps can affect the organization's perceived transparency and may raise concerns among potential donors regarding its governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Minnesota Council Of Churches Foundation legitimate?

Minnesota Council Of Churches Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Council Of Churches Foundation 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: $0

For more financial information, click here

What is the mission statement of Minnesota Council Of Churches Foundation?

The Minnesota Council of Churches Foundation's mission is centered around providing annual support to the Minnesota Council of Churches. In essence, its role is to financially aid and contribute to the operations and initiatives of this council. By doing so, the foundation aims to support and strengthen the religious and community-focused activities undertaken by the council. The foundation's primary objective is to contribute to the council's mission and vision, enabling it to carry out its religious and social service responsibilities effectively.

Who is the CEO of Minnesota Council Of Churches Foundation?

Katherine Austin Mahle is the Principal Officer of Minnesota Council Of Churches Foundation.

What is the revenue of Minnesota Council Of Churches Foundation?

Minnesota Council Of Churches Foundation's revenue in 2020 was $71,654.

Who are the executives of Minnesota Council Of Churches Foundation and what are their salaries?

There 15 volunteers at Minnesota Council Of Churches Foundation.


Here are 9 key members and their salaries:


Rev Kathi Austin Mahle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcom Mcdonald (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stanoch (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Gunderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Reatha Clark King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kita L Mcvay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hyon T Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Minnesota Council Of Churches Foundation?

Minnesota Council Of Churches Foundation's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Minnesota Council Of Churches Foundation

The Minnesota Council of Churches Foundation is committed to providing annual support to its namesake organization, the Minnesota Council of Churches. This financial backing is instrumental in furthering the council's efforts and missions. By offering this ongoing support, the foundation contributes to the council's ability to carry out its activities and fulfill its role in the community. The specific nature and scope of the council's activities and missions are not detailed in the provided information, but it is clear that the foundation's mission is to bolster the council's capacity and enable it to achieve its goals.

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Impact




October, 2024

The Minnesota Council of Churches Foundation plays a vital role in enhancing the work of the Minnesota Council of Churches. By providing annual financial support, it enables the Council to engage in various activities that promote interfaith dialogue, community outreach, and social justice initiatives across the state. This foundation's contributions help strengthen the relationships among diverse religious communities, fostering collaboration and understanding in a rapidly changing cultural landscape. Through its support, the Foundation amplifies the Council's mission to uplift marginalized voices and create a more inclusive society, ultimately benefiting numerous communities throughout Minnesota.




This information is meant to be a general summary of Minnesota Council Of Churches Foundation. 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.

Revenue
$71,654 (2020)
Expenses
$86,230 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $71,654
  • Gross Receipts: $623,776

Assets and Liabilities:

  • Total Assets: $1,128,183
  • Total Liabilities: $0
  • Net Assets: $1,128,183

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Organization Details

Founding Year

1953

Principal Officer

Katherine Austin Mahle

Main Address

122 W FRANKLIN AVE NO 100, MINNEAPOLIS, MN, 55404

NTEE Category

Code: X11 - Religion related

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