Overview
What is Food Bank Of Iowa?
Food Bank of Iowa is a Des Moines-based nonprofit organization dedicated to addressing hunger within the state. They receive, warehouse, and distribute salvageable food items to eligible non-profit tax-exempt member agencies, ensuring that the ill, needy, and infants in Iowa receive essential nourishment. Their mission is to strengthen communities by providing food for children, families, and seniors, enabling them to lead full and active lives. The organization employs a team of 46 individuals.
Official website here: www.foodbankiowa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
Food Bank of Iowa has achieved an exceptional Four-Star out of Four Star rating from Charity Navigator, reflecting its high standards in accountability and financial management. The organization's impressive scores in key areas, such as a perfect 100 in both Accountability & Finance and Impact & Measurement, showcase its commitment to transparency and effectiveness. The charity boasts a strong independent board, with 93% of its members being independent, and maintains rigorous oversight practices.
The organization demonstrates remarkable financial health, with a program expense ratio of 96.18%, indicating that the vast majority of its resources are directed toward its mission. Additionally, its fundraising efficiency ratio of $0.022 suggests that Food Bank of Iowa effectively raises funds relative to its expenditures. The organization also excels in impact evaluation and feedback practices, scoring 100 in these areas, which highlights its dedication to measuring success and incorporating stakeholder input.
While the organization has a strong overall performance, there are minor limitations noted in its culture and community score, which stands at 98. However, this does not significantly detract from its overall effectiveness. Food Bank of Iowa is well-positioned to continue its impactful work in addressing food insecurity in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Food Bank Of Iowa legitimate?
Food Bank Of Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Bank Of Iowa 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: $235,454
Professional Fundraising Fees: $80,262
Other Salaries and Wages: $2,289,910
For more financial information, click here
Official website here: www.foodbankiowa.org
What is the mission statement of Food Bank Of Iowa?
Food Bank of Iowa plays a crucial role in providing sustenance for children, families, and seniors in Iowa. Its mission is geared towards enabling them to live full and active lives. The organization collects, stores, and distributes salvageable food items to eligible tax-exempt member agencies. These agencies, in turn, employ the food resources to support individuals dealing with illnesses, those in need, and infants. By supplying food to these vulnerable groups, the Food Bank of Iowa aims to strengthen the communities where they reside.
Official website here: www.foodbankiowa.org
Who is the CEO of Food Bank Of Iowa?
Michelle Book is the Board Chair of Food Bank Of Iowa. The CEO's salary of Food Bank Of Iowa is $235,454 and their total compensation is $235,454.
Official website here: www.foodbankiowa.org
What is the revenue of Food Bank Of Iowa?
Food Bank Of Iowa's revenue in 2022 was $34,755,317.
Official website here: www.foodbankiowa.org
Who are the executives of Food Bank Of Iowa and what are their salaries?
The average compensation at Food Bank Of Iowa during 2022 was $54,899. There are 46 employees and 9268 volunteers at Food Bank Of Iowa.
Here are 13 key members and their salaries (Food Bank Of Iowa's CEO's salary is $235,454 and their total compensation is $235,454):
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Official website here: www.foodbankiowa.org
Where can I find the form 990 for Food Bank Of Iowa?
Food Bank Of Iowa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foodbankiowa.org
Learn more at the official website: www.foodbankiowa.org
Mission Statement of Food Bank Of Iowa
Food Bank of Iowa is a mission-driven organization that plays a crucial role in providing essential nourishment to children, families, and seniors across the state. Its primary goal is to collect, warehouse, and distribute salvageable food items to non-profit tax-exempt member agencies, which in turn feed those who are ill, needy, and infants.
By providing food for Iowa's most vulnerable population, Food Bank of Iowa enables them to lead full and active lives, thereby strengthening the communities where they reside. The organization's work reaches far and wide, touching the lives of countless individuals who would otherwise struggle to access the nutritious sustenance they require to thrive.
Food Bank of Iowa's team works tirelessly to receive, process, and distribute food items that would otherwise go to waste. This process ensures that these items are salvaged and put to good use, making a tangible difference in the lives of those who need it most. The organization's efforts extend to various non-profit organizations throughout the state, which then distribute this food to the ill, needy, and infants in their care.
In summary, Food Bank of Iowa serves as a vital link in the state's food distribution network. By collecting, warehousing, and distributing salvageable food items to non-profit tax-exempt member agencies, this organization plays an essential role in ensuring that Iowa's children, families, and seniors have access to the essential nourishment they need to live healthy, active lives.
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Impact
October, 2024
Food Bank of Iowa plays a crucial role in addressing food insecurity across the state. By receiving, warehousing, and distributing salvageable food items, it effectively ensures that children, families, and seniors have access to the nourishment they need to lead full and active lives. The organization supports a network of nonprofit member agencies, enabling them to provide food to the ill, needy, and infants. This not only helps individual households but also strengthens communities by fostering a more resilient and connected society. Through its efforts, Food Bank of Iowa directly impacts the well-being of many, working tirelessly to alleviate hunger and improve the quality of life for those it serves.
This information is meant to be a general summary of Food Bank Of Iowa. 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: -$105,114
- Program Service Revenue: $812,226
- Gross Receipts: $35,369,659
Assets and Liabilities:
- Total Assets: $31,143,627
- Total Liabilities: $358,662
- Net Assets: $30,784,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNER AGENCY REVENUESPARTNER AG
Revenue
$812,226
Organization Details
Founding Year
1982
Phone
(515) 564-0330Principal Officer
Michelle Book
Main Address
2220 EAST 17TH STREET, DES MOINES, IA, 50316
Website
www.foodbankiowa.orgNTEE Category
Code: K31Z - Food
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