Overview
What is Veap Inc?
Veap Inc, also known as Volunteers Enlisted to Assist People, is a nonprofit organization based in Bloomington, Minnesota. With a mission to create stronger, more hopeful communities, Veap focuses on providing access to healthy food and housing stability, along with supportive services. Their Food and Basic Needs Program is one of the largest in the state, distributing over 4.7 million pounds of food, including fresh fruits and vegetables, dairy, meats, and canned goods. The program includes an on-site food pantry, mobile food pantry, student food packs, food deliveries, and senior shuttle. Veap addresses transportation barriers and offers nutrition education through their state-of-the-art commercial and teaching kitchen. In 2022, they served 4,736 households, prepared 3,946 student food packs, and made 28,049 mobile pantry neighborhood visits. With a team of 30 employees, Veap's compassionate approach aims to empower communities in need.
Official website here: www.veap.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Veap Inc has received a high score of 96% from Charity Navigator, showcasing its strong accountability and finance practices. With a program expense ratio of 95.56%, the organization demonstrates a commitment to allocating the majority of its resources toward direct program services, ensuring effective use of donations. The charity is noted for its impressive scores in impact measurement, culture, and community engagement, all of which are rated at 100.
The nonprofit has shown remarkable adaptability, particularly during the Covid-19 pandemic, by successfully transforming its on-site food pantry into a drive-up distribution center, ensuring continued access to services for those in need. Furthermore, Veap Inc invests in leadership development through educational bonuses for employees, reflecting a commitment to fostering a skilled and motivated workforce. While the organization excels in many areas, continuous feedback collection and impact evaluation practices reinforce its dedication to improving and measuring its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Veap Inc?
94% of 26 reviewers on Facebook recommend Veap Inc. Here is a summary of their reviews:
The sentiment towards Veap Inc. appears to be strongly positive, with users expressing their satisfaction and support for the organization. The feedback is limited, but the enthusiastic recommendation highlights a solid level of trust and appreciation from those who have engaged with the nonprofit.
Overall, it seems that Veap Inc. has made a favorable impression on its supporters, suggesting that it effectively meets the needs of the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is Veap Inc legitimate?
Veap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veap 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: $249,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,347,918
For more financial information, click here
Official website here: www.veap.org
What is the mission statement of Veap Inc?
Veap Inc is a non-profit organization dedicated to strengthening communities by ensuring access to essential resources. Its mission is to create pathways towards more hopeful and resilient communities by providing healthy food and ensuring housing stability, along with supportive services. Through various programs, Veap offers food assistance, including an on-site food pantry, mobile pantry, student food packs, and food deliveries. The organization aims to address transportation barriers and distribute healthy food in underserved areas. With a significant food distribution in 2022, Veap provided for over 4,700 households and prepared student food packs for nearly 4,000 students. Their state-of-the-art kitchen serves as a platform for nutrition education and incubation for food start-ups.
Official website here: www.veap.org
Who is the CEO of Veap Inc?
Kari Thompson is the Ceo (September-December) of Veap Inc. The CEO's salary of Veap Inc is $40,000 and their total compensation is $40,000.
Official website here: www.veap.org
What is the revenue of Veap Inc?
Veap Inc's revenue in 2022 was $16,186,207.
Official website here: www.veap.org
Who are the executives of Veap Inc and what are their salaries?
The average compensation at Veap Inc during 2022 was $53,250. There are 30 employees and 1962 volunteers at Veap Inc.
Here are 17 key members and their salaries (Veap Inc's CEO's salary is $40,000 and their total compensation is $40,000):
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- Compensation: $72,784
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- Other: $7,875
- Compensation: $124,768
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- Other: $4,146
Official website here: www.veap.org
Where can I find the form 990 for Veap Inc?
Veap Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.veap.org
Learn more at the official website: www.veap.org
Mission Statement of Veap Inc
Veap Inc, a 501(c)(3) non-profit organization, is dedicated to strengthening communities by providing access to essential resources, especially healthy food and housing stability. Through their mission, "Together, we create pathways to stronger, more hopeful, communities," Veap Inc strives to empower individuals and families in need.
The Food and Basic Needs Program of Veap Inc is a vital aspect of their mission. This program offers various services aimed at addressing food insecurity, including an on-site food pantry, mobile food pantry, student food packs, food deliveries, senior shuttle, and transportation. Veap Inc's food pantry is one of the largest in the state, serving over 152,906 visits in 2022. Their distribution of food includes fresh fruits and vegetables, dairy, deli, culturally specific food choices, protein, meats, canned goods, and non-perishable items. Participants can visit the on-site or mobile pantry as needed, typically once or twice a month. Veap Inc also addresses transportation barriers by providing food deliveries for seniors and qualifying individuals.
In addition to food assistance, Veap Inc offers a state-of-the-art commercial and teaching kitchen, which hosts nutrition education classes and serves as a business incubation site for start-up businesses producing food for market wholesale. Through these efforts, Veap Inc not only provides immediate relief but also creates opportunities for long-term sustainability and growth within the communities they serve.
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Impact
October, 2024
Veap Inc significantly impacts the Bloomington, MN community by addressing food insecurity and promoting overall well-being. Through its robust Food and Basic Needs Program, it offers vital resources such as an on-site food pantry and mobile food pantry service, ensuring that households in need can access healthy, fresh foods. In 2022, Veap facilitated over 152,000 visits to its food pantry, distributing more than 4.7 million pounds of food, with 43% of that being fresh produce.
Moreover, Veap's initiatives extend beyond mere food distribution; they provide essential transportation services, including food deliveries for seniors and mobile pantry visits, which help overcome barriers to accessing healthy food options. The organization also recognizes the needs of youth by preparing food packs for school-age children, with nearly 4,000 students benefiting from this support in 2022.
Veap's commitment to nutrition education is evident in its state-of-the-art commercial kitchen, where it hosts classes that empower individuals to make healthy choices and encourages entrepreneurial ventures in food-related businesses. By fostering these pathways, Veap is not just addressing immediate food needs; it is actively working towards building stronger, more resilient communities.
This information is meant to be a general summary of Veap 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: $8,233
- Program Service Revenue: $67,761
- Gross Receipts: $16,257,859
Assets and Liabilities:
- Total Assets: $7,922,083
- Total Liabilities: $3,589,969
- Net Assets: $4,332,114
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract Revenue
Revenue
$67,761
Organization Details
Founding Year
1973
Phone
(952) 955-8311Principal Officer
Kari Thompson
Main Address
9600 Aldrich Ave S, Bloomington, MN, 55420
Website
www.veap.orgNTEE Category
Code: P02 - Human services
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