Overview
What is Southeast Missouri Food Bank Inc?
The Southeast Missouri Food Bank Inc, situated in Sikeston, Missouri, is a nonprofit organization dedicated to fighting hunger in the region. With approximately 33 employees, their mission involves the promotion of food recovery, acquiring and distributing food and household products, and providing community leadership and education on issues of hunger and poverty. They serve around 80,000 people every month by distributing food to tax-exempt nonprofit organizations that aid needy families. Their essential work addresses food insecurity and poverty concerns in the community.
Official website here: www.semofoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating on Charity Navigator)
The Southeast Missouri Food Bank Inc has achieved a perfect score of 100%, which signifies its outstanding performance in both accountability and finance, as well as impact and measurement. This exemplary rating reflects the organization's commitment to transparency and effective management of resources, ensuring that donations are maximized for the benefit of the community.
With a cost per meal that is less than 75% of the local meal cost, the food bank demonstrates efficiency in its operations, allowing it to reach and assist more individuals in need. This financial prudence enhances its ability to deliver essential services to local residents facing food insecurity.
While the organization has received high marks for its operational effectiveness, ongoing support and engagement from the community will be vital in maintaining its services and expanding its impact in the region. The strong ratings indicate a solid foundation for future growth and outreach efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Missouri Food Bank Inc legitimate?
Southeast Missouri Food Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Missouri Food Bank 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: $0
Professional Fundraising Fees: $100,555
Other Salaries and Wages: $1,312,820
For more financial information, click here
Official website here: www.semofoodbank.org
What is the mission statement of Southeast Missouri Food Bank Inc?
The Southeast Missouri Food Bank works towards recovering food and acquiring household products, with the ultimate goal of distributing them to tax-exempt nonprofit organizations. These organizations, in turn, provide food to needy families. In an effort to alleviate hunger in the region, the food bank also engages in community leadership and education on issues of poverty and hunger. Approximately 80,000 individuals benefit from the food distribution efforts of this organization each month.
Official website here: www.semofoodbank.org
What is the revenue of Southeast Missouri Food Bank Inc?
Southeast Missouri Food Bank Inc's revenue in 2023 was $24,578,252.
Official website here: www.semofoodbank.org
Who are the executives of Southeast Missouri Food Bank Inc and what are their salaries?
The average compensation at Southeast Missouri Food Bank Inc during 2023 was $39,782. There are 33 employees and 3754 volunteers at Southeast Missouri Food Bank Inc.
Here are 13 key members and their salaries:
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Official website here: www.semofoodbank.org
Where can I find the form 990 for Southeast Missouri Food Bank Inc?
Southeast Missouri Food Bank Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.semofoodbank.org
Learn more at the official website: www.semofoodbank.org
Mission Statement of Southeast Missouri Food Bank Inc
The Southeast Missouri Food Bank, a mission-driven organization, works tirelessly to address food insecurity and poverty in the region. Committed to promoting food recovery and alleviating hunger, the Food Bank acquires and distributes food and household products to tax-exempt nonprofit organizations. These organizations then provide essential nourishment to needy families. Serving approximately 80,000 individuals every month, the Food Bank's influence is far-reaching.
In line with its mission, the Southeast Missouri Food Bank is dedicated to community leadership and education on issues surrounding hunger and poverty. Through its initiatives, it strives to create a sustainable and inclusive food system, ensuring that everyone in the community has access to the basic necessities. The Food Bank's efforts are not limited to mere distribution; it also takes the lead in organizing awareness campaigns, advocacy programs, and outreach activities to inspire change and empower individuals. With its unwavering commitment to making a difference, the Southeast Missouri Food Bank continues to be an essential force in the fight against hunger in the region.
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Impact
October, 2024
Southeast Missouri Food Bank Inc plays a crucial role in alleviating hunger in the region. The organization promotes food recovery and manages the acquisition and distribution of food and household products to those in need. It ensures that approximately 80,000 people each month have access to essential food supplies, supporting local tax-exempt organizations that provide direct assistance to families facing food insecurity. Beyond food distribution, Southeast Missouri Food Bank Inc also engages in community leadership and education on hunger and poverty issues, fostering awareness and encouraging collective action to address these pressing challenges in the community.
This information is meant to be a general summary of Southeast Missouri Food Bank 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 2023.
- Investment Income: $276,267
- Program Service Revenue: $640,287
- Gross Receipts: $24,594,035
Assets and Liabilities:
- Total Assets: $17,416,742
- Total Liabilities: $110,850
- Net Assets: $17,305,892
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHARED MAINTENANCE FEE
Revenue
$637,062
AGENCY REGISTRATION FEES
Revenue
$3,225
Organization Details
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