Overview
What is Minnesota Milk Bank For Babies?
Minnesota Milk Bank for Babies is a nonprofit organization situated in Golden Valley, Minnesota. Their primary mission is to enhance infant health outcomes by providing access to safely pasteurized human donor milk for babies in Minnesota and the Upper Midwest. In 2022, the organization distributed 63,027 bottles of donor milk, totaling 239,811 ounces. To cater to families in need, they added three distribution sites, offering bridge bags of pasteurized donor human milk at no cost for financially struggling families. The organization's activities aim to support medically vulnerable babies whose mothers' milk supply is unavailable or low. With a team of 17 dedicated individuals, Minnesota Milk Bank for Babies continues to serve its purpose in the community.
Official website here: www.mnmilkbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
The Minnesota Milk Bank For Babies has received an 88% rating, indicating a commendable level of accountability and financial health. The organization boasts a fully independent board of directors and has excelled in financial oversight, showcasing no material diversions of assets. With a high program expense ratio of nearly 87%, the majority of funds are directed towards its mission.
Despite these strengths, there are notable areas for improvement. The charity lacks a whistleblower policy and a document retention and destruction policy, which are key components of organizational governance. Furthermore, the tax form is not available on their website, which could affect transparency for potential donors and stakeholders.
Overall, the Minnesota Milk Bank For Babies demonstrates a solid financial standing and commitment to its cause, but addressing the gaps in governance policies could enhance its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Milk Bank For Babies legitimate?
Minnesota Milk Bank For Babies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Milk Bank For Babies 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: $76,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,368
For more financial information, click here
Official website here: www.mnmilkbank.org
What is the mission statement of Minnesota Milk Bank For Babies?
The Minnesota Milk Bank for Babies is dedicated to improving infant health outcomes for medically vulnerable babies in Minnesota and the Upper Midwest. They ensure access to safely pasteurized, life-giving human donor milk when a mother's milk is unavailable or in low supply. Their mission is achieved through the distribution of donor milk to families in need, providing a vital bridge until their own milk supply increases. In 2022, they distributed 63,027 bottles of donor milk, totaling 239,811 ounces. To expand their reach, they added three distribution sites for outpatient families, offering bridge bags of donor milk at no cost for families experiencing financial need. In addition, a new bridge bag program was developed in collaboration with a county public health family visiting agency and WIC program, set to start dispensing in 2023.
Official website here: www.mnmilkbank.org
Who is the CEO of Minnesota Milk Bank For Babies?
Linda Dech is the Executive Di of Minnesota Milk Bank For Babies.
Official website here: www.mnmilkbank.org
What is the revenue of Minnesota Milk Bank For Babies?
Minnesota Milk Bank For Babies's revenue in 2022 was $1,381,741.
Official website here: www.mnmilkbank.org
Who are the executives of Minnesota Milk Bank For Babies and what are their salaries?
The average compensation at Minnesota Milk Bank For Babies during 2022 was $25,223. There are 17 employees and 377 volunteers at Minnesota Milk Bank For Babies.
Here are 9 key members and their salaries:
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- Compensation: $76,430
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Official website here: www.mnmilkbank.org
Where can I find the form 990 for Minnesota Milk Bank For Babies?
Minnesota Milk Bank For Babies's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnmilkbank.org
Learn more at the official website: www.mnmilkbank.org
Mission Statement of Minnesota Milk Bank For Babies
Minnesota Milk Bank for Babies is dedicated to enhancing infant health outcomes in Minnesota and the Upper Midwest. Their mission is to ensure that medically vulnerable babies, whose mothers' milk is unavailable or in low supply, have access to safely pasteurized, life-giving human donor milk. By providing this vital resource, the organization aims to improve the health and well-being of these infants, ultimately contributing to better overall outcomes.
In pursuit of this mission, Minnesota Milk Bank for Babies distributes donor milk to families in need. In 2022 alone, they distributed 63,027 bottles of donor milk, totalling 239,811 ounces. Recognizing the financial challenges some families may face, the organization added three distribution sites for outpatient families to access pasteurized donor human milk (PDHM) at no cost, as a bridge until their own milk supply increased. Two of these sites offer bridge bags of up to 10 bottles of PDHM, while a third bridge bag program was developed in 2022 in a county public health family home visiting agency and WIC program, set to start dispensing in 2023.
In essence, Minnesota Milk Bank for Babies serves as a vital safety net for infants in need, providing them with essential nutrients when their own mothers' milk is unavailable or scarce. This nonprofit's mission is a testament to its commitment to improving the lives of vulnerable infants and their families, contributing to healthier and stronger communities.
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Impact
July, 2024
Minnesota Milk Bank For Babies' impact is significant in improving infant health outcomes by ensuring that medically vulnerable babies in Minnesota and the Upper Midwest have access to safely pasteurized life-giving human donor milk when mother's milk is unavailable or in low supply. In 2022 alone, the organization distributed 63,027 bottles of donor milk totaling 239,811 ounces. Additionally, they added three distribution sites for outpatient families to access pasteurized donor human milk as a bridge until their milk supply increased. Two of these sites offer bridge bags of up to 10 bottles of donor milk at no cost for families experiencing financial need. Their efforts extend to partnering with a county public health family home visiting agency and WIC program to start a new bridge bag program in 2023. Through these initiatives, Minnesota Milk Bank For Babies is making a tangible difference in the lives of vulnerable infants and their families.
This information is meant to be a general summary of Minnesota Milk Bank For Babies. 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: -$633
- Program Service Revenue: $1,228,593
- Gross Receipts: $1,382,624
Assets and Liabilities:
- Total Assets: $861,992
- Total Liabilities: $94,600
- Net Assets: $767,392
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MILK SALES & PROCESSING
Revenue
$1,228,593
Organization Details
Founding Year
2012
Phone
(763) 546-8051Principal Officer
Linda Dech
Main Address
2525 NEVADA AVE N SUITE 304, GOLDEN VALLEY, MN, 55427
Website
www.mnmilkbank.orgNTEE Category
Code: E60 - Health
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