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Myers Pointe Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465104153 ✦ Dover, DE ✦ Designated as a 501(c)(3)

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Overview

What is Myers Pointe Incorporated?

Myers Pointe Incorporated is a nonprofit organization situated in Dover, Delaware, specifically at 73 Greentree Dr APT 347. The primary objective of this organization is to contribute financially to various religious institutions and nonprofit entities. Their income is derived from fundraising activities. The organization's mission is centered around providing financial support, contributing to the broader charitable sector.


Official website here: www.myerspointe.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

Myers Pointe Incorporated has received a score of 76%, which translates to a Three-Star rating based on its accountability and financial transparency. The rating is derived from a comprehensive assessment of various financial metrics, with a strong emphasis on accountability practices. The organization boasts an entirely independent board, which positively influences its governance score.

Strengths include a 100% program expense ratio, indicating that all of its financial resources are directed toward its mission-related activities. The organization has no material diversion of assets, further enhancing its credibility. However, there are notable weaknesses, such as the absence of essential policies like a conflict of interest policy and a whistleblower policy, which detract from its overall accountability score.

In summary, while Myers Pointe Incorporated demonstrates commendable financial practices, it could benefit from establishing key governance policies to improve its rating. The absence of these policies suggests areas for growth that could enhance transparency and trust with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Myers Pointe Incorporated legitimate?

Myers Pointe Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Myers Pointe Incorporated 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: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.myerspointe.com

What is the mission statement of Myers Pointe Incorporated?

Myers Pointe Incorporated's mission is centered around providing financial aid to religious organizations and non-profit entities. The organization serves this purpose through its fundraising activities, ultimately generating revenue to support these entities. The goal is to contribute financially to these organizations, thereby empowering them to carry out their respective missions and serve their communities.


Official website here: www.myerspointe.com

Who is the CEO of Myers Pointe Incorporated?

Vernon Beachy is the Chairman of Myers Pointe Incorporated.


Official website here: www.myerspointe.com

What is the revenue of Myers Pointe Incorporated?

Myers Pointe Incorporated's revenue in 2022 was $40,483.


Official website here: www.myerspointe.com

Who are the executives of Myers Pointe Incorporated and what are their salaries?


Here are 4 key members and their salaries:


Vernon Beachy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fredrik Ruhe (Vice-Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Sacra (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Sacra (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myerspointe.com

Where can I find the form 990 for Myers Pointe Incorporated?

Myers Pointe Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.myerspointe.com

Learn more at the official website: www.myerspointe.com

Mission Statement of Myers Pointe Incorporated

Myers Pointe Incorporated, as a nonprofit organization, is dedicated to providing financial support to religious organizations and other charitable entities. This mission is executed through the fundraising activities undertaken by the organization, which ultimately generates revenue. By financially aiding these organizations, Myers Pointe Incorporated plays a significant role in strengthening and sustaining their operations, thereby contributing to the broader community.

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Impact




August, 2024

Myers Pointe Incorporated provides vital financial support to religious organizations and nonprofits through revenue generated from fundraising activities. Their impact is felt in the Dover, DE community, where their philanthropic efforts help sustain and strengthen important social and charitable initiatives. Through their mission to provide financial assistance, Myers Pointe Incorporated positively contributes to the well-being of both religious institutions and nonprofit organizations in the area.




This information is meant to be a general summary of Myers Pointe Incorporated. 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.

Revenue
$40,483 (2022)
Expenses
$33,137 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $40,483
  • Gross Receipts: $40,483

Assets and Liabilities:

  • Total Assets: $15,940
  • Total Liabilities: $0
  • Net Assets: $15,940

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Revenue

Revenue

$40,483

Organization Details

Founding Year

2014

Principal Officer

Vernon Beachy

Main Address

73 Greentree Dr APT 347, Dover, DE, 19904

NTEE Category

Code: T12 - Philanthropy

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