Overview
What is Food Bank Of Siouxland Inc?
Food Bank of Siouxland Inc is a vital nonprofit organization situated in Siouxland, dedicated to combating hunger. The organization plays a significant role in this fight by procuring approximately 74% of its food contributions. This collected food is then distributed to various charities, aiding them in their mission to provide nourishment to the underprivileged, needy, and hungry individuals within the community. By leading this initiative, Food Bank of Siouxland Inc is making a substantial impact on hunger relief in Siouxland.
Official website here: www.siouxlandfoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98% (Four-Star out of Four Star rating)
Food Bank Of Siouxland Inc has achieved an impressive Four-Star rating, reflecting its strong performance in accountability and financial health. With perfect scores in accountability, finance, and impact measurement, the organization demonstrates effective management and commitment to its mission of fighting hunger in the Siouxland area. Their program expense ratio of 94.91% indicates that a significant portion of their funds is directed towards programs rather than administrative costs.
Despite these strengths, the organization has received a lower score in the Culture & Community category, primarily due to the limited implementation of equity practices. Currently, only two equity practices are reported, which suggests an area for potential improvement. Additionally, while their fundraising efficiency ratio is commendable at $0.04, their working capital ratio of 0.62 years may indicate some financial vulnerability.
Overall, Food Bank Of Siouxland Inc is a highly rated nonprofit that effectively addresses food insecurity in its community. Continued focus on enhancing equity practices and financial stability could further strengthen its impact and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Food Bank Of Siouxland Inc legitimate?
Food Bank Of Siouxland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Bank Of Siouxland 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: $62,852
Professional Fundraising Fees: $180,372
Other Salaries and Wages: $437,270
For more financial information, click here
Official website here: www.siouxlandfoodbank.org
What is the mission statement of Food Bank Of Siouxland Inc?
Food Bank of Siouxland Inc is at the forefront of addressing hunger issues in its community. It primarily accomplishes this by procuring approximately three-quarters of its resources through food collection and subsequently distributing these supplies to various charities. These charities, in turn, assist in providing nourishment to individuals who are economically disadvantaged, needy, and hungry.
Official website here: www.siouxlandfoodbank.org
Who is the CEO of Food Bank Of Siouxland Inc?
Jacob Wanderscheid is the Exec. Director of Food Bank Of Siouxland Inc.
Official website here: www.siouxlandfoodbank.org
What is the revenue of Food Bank Of Siouxland Inc?
Food Bank Of Siouxland Inc's revenue in 2022 was $6,894,598.
Official website here: www.siouxlandfoodbank.org
Who are the executives of Food Bank Of Siouxland Inc and what are their salaries?
The average compensation at Food Bank Of Siouxland Inc during 2022 was $27,785. There are 18 employees and 1561 volunteers at Food Bank Of Siouxland Inc.
Here are 17 key members and their salaries:
- Compensation: $49,826
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.siouxlandfoodbank.org
Where can I find the form 990 for Food Bank Of Siouxland Inc?
Food Bank Of Siouxland Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.siouxlandfoodbank.org
Learn more at the official website: www.siouxlandfoodbank.org
Mission Statement of Food Bank Of Siouxland Inc
Food Bank of Siouxland, a leading organization, is dedicated to combating hunger in its community. With a significant portion of its contributions coming from food collection, the charity plays a pivotal role in supplying nourishment to various charities that cater to the needs of the impoverished, needy, and hungry individuals in the area. By distributing this collected food to these charities, Food Bank of Siouxland contributes to an essential mission of alleviating hunger and ensuring that no one goes without adequate nutrition.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Food Bank Of Siouxland Inc plays a crucial role in leading Siouxland in the fight against hunger. By collecting food that accounts for 74% of its contributions and distributing it to other charities that assist the poor, needy, and hungry, it directly impacts the community by providing essential food resources to those in need. Through its mission, the Food Bank of Siouxland actively combats food insecurity and contributes to improving the well-being of individuals and families in Sioux City, IA.
This information is meant to be a general summary of Food Bank Of Siouxland 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: $13,296
- Program Service Revenue: $285,088
- Gross Receipts: $6,933,095
Assets and Liabilities:
- Total Assets: $3,758,082
- Total Liabilities: $81,482
- Net Assets: $3,676,600
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHARED MAINTENANCE FEES
Revenue
$285,088
Organization Details
Founding Year
1991
Phone
(712) 255-9741Principal Officer
Jacob Wanderscheid
Main Address
PO BOX 985, SIOUX CITY, IA, 51102
Website
www.siouxlandfoodbank.orgNTEE Category
Code: K31 - Food
If you are a representative of Food Bank Of Siouxland Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.