Overview
What is Institute For Multi-Stakeholder Initiati?
The Institute for Multi-Stakeholder Initiative is a nonprofit organization situated in Pittsfield, Massachusetts. Their primary focus is on investigating and assessing the influence and worth of voluntary initiatives aimed at addressing business and human rights matters. Through research and analysis, they aim to promote learning and advancement in this field, while also developing tools for evaluation. The institute disseminates its findings via various mediums such as articles, blogs, news reports, webinars, virtual events, and discussions. In 2020, they published an extensive report on the effectiveness of voluntary business and human rights initiatives. The organization serves as a hub for knowledge and improvement in this area, contributing to a more responsible and equitable business environment.
Official website here: www.msi-integrity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
The Institute for Multi-Stakeholder Initiatives has earned a prestigious Four-Star rating from Charity Navigator, reflecting a perfect score of 100% based on its accountability and financial health. This rating signifies that the organization demonstrates exceptional transparency and responsible financial management, thereby gaining the trust of its donors and stakeholders.
Key strengths of the Institute include its commitment to having an independent board, with 80% of board members being independent, and a strong performance in financial ratios such as a low liabilities-to-assets ratio of 7.34%. The organization has implemented thorough policies related to conflict of interest, whistleblower protections, and document retention, all of which enhance its governance practices.
While the data indicates robust performance in accountability and finance, it's essential to consider the program expense ratio, which stands at 77.87%. This indicates that a substantial portion of its budget is allocated to programs, although potential donors may want to explore the organization's specific activities and impact further to understand the full scope of its work.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Multi-Stakeholder Initiati legitimate?
Institute For Multi-Stakeholder Initiati is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Multi-Stakeholder Initiati submitted a form 990EZ, 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.
Official website here: www.msi-integrity.org
What is the mission statement of Institute For Multi-Stakeholder Initiati?
The Institute for Multi-Stakeholder Initiative is dedicated to investigating the influence and significance of voluntary initiatives geared towards addressing business and human rights issues. The organization facilitates learning in this field and creates evaluation tools. It disseminates its findings through various mediums such as articles, blogs, webinars, virtual events, and discussions. In 2020, the institute published a comprehensive report assessing the effectiveness of voluntary business and human rights initiatives. The Institute for Multi-Stakeholder Initiative's primary goal is to contribute to the advancement of knowledge and best practices in this area.
Official website here: www.msi-integrity.org
Who is the CEO of Institute For Multi-Stakeholder Initiati?
Deval Desai is the President of Institute For Multi-Stakeholder Initiati.
Official website here: www.msi-integrity.org
What is the revenue of Institute For Multi-Stakeholder Initiati?
Institute For Multi-Stakeholder Initiati's revenue in 2022 was $10,233.
Official website here: www.msi-integrity.org
Who are the executives of Institute For Multi-Stakeholder Initiati and what are their salaries?
Here are 4 key members and their salaries:
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- Compensation: $92,028
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Official website here: www.msi-integrity.org
Where can I find the form 990EZ for Institute For Multi-Stakeholder Initiati?
Institute For Multi-Stakeholder Initiati's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.msi-integrity.org
Learn more at the official website: www.msi-integrity.org
Mission Statement of Institute For Multi-Stakeholder Initiati
The Institute for Multi-Stakeholder Initiative is dedicated to investigating and assessing the influence and significance of voluntary initiatives aimed at addressing business and human rights concerns. This nonprofit organization facilitates knowledge sharing within the field, creating and distributing evaluation tools. Through articles, blogs, news reports, webinars, virtual events, and discussions, the Institute disseminates its findings, contributing to the ongoing discourse on this critical topic. In 2020, the organization published a comprehensive 235-page report on the effectiveness of voluntary business and human rights initiatives, further demonstrating its commitment to advancing this vital area of study.
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Impact
August, 2024
The Institute For Multi-Stakeholder Initiati conducts research on the impact and effectiveness of voluntary initiatives addressing business and human rights. It contributes to the field by facilitating learning and developing evaluation tools. Through its dissemination efforts, including articles, blogs, news reports, webinars, virtual events, and discussions, the institute raises awareness about its findings. In 2020, it published a comprehensive 235-page report on the efficacy of voluntary business and human rights initiatives. Overall, the Institute For Multi-Stakeholder Initiati plays a crucial role in promoting understanding and improvement in this important area.
This information is meant to be a general summary of Institute For Multi-Stakeholder Initiati. 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: $233
- Program Service Revenue: $10,000
- Gross Receipts: $10,233
Assets and Liabilities:
- Total Assets: $82,837
- Total Liabilities: $2,853
- Net Assets: $79,984
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Organization Details
Phone
(617) 949-0585Principal Officer
Deval Desai
Main Address
82 Wendell Ave STE 100, Pittsfield, MA, 01201
Website
www.msi-integrity.orgNTEE Category
Code: P20 - Human services
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