Overview
What is The Well Resource Center?
The Well Resource Center is a nonprofit organization situated in Pella, Iowa, specifically at 419 E Oskaloosa Street. Their mission is to provide support and hope to individuals in need, leveraging the love of their community and the inner strength of each person. They offer a diverse range of services, including financial assistance, emotional support, spiritual counseling, and mental health/addiction help. Through one-on-one coaching, programs, and services, they have served over 1700 clients and had an average of 25 working clients. Moreover, they have reached out to over 200 individuals through various programs in five communities in Central Iowa. The organization is staffed by 126 dedicated employees.
Official website here: www.thewelliowa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating
The Well Resource Center has received a Two-Star rating from Charity Navigator, indicating some challenges in their accountability and financial transparency. While they have a relatively high program expense ratio of 91%, suggesting that a significant portion of their funds is directed towards their programs, their lack of available financial statements negatively impacts their overall financial score.
One of the organization’s notable strengths is its governance structure, which features a fully independent board, with 83% of members being independent. Additionally, they have solid policies in place, such as a conflict of interest policy and a whistleblower policy, both of which enhance their operational integrity. However, the liabilities to assets ratio is a concern, standing at 59.34%, indicating potential financial risk.
Despite these limitations, the presence of documented board meeting minutes and a clear website listing on their tax form reflect a commitment to transparency. However, the absence of detailed financial statements suggests that stakeholders may need more comprehensive information to fully assess the organization’s financial health and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Well Resource Center?
86% of the 14 reviewers on Facebook recommend The Well Resource Center. Here is a summary of their reviews:
Many users appreciate the positive impact the organization has in their community, noting the joy and connection they feel when engaging with the center. One reviewer highlighted the joy they derive from a specific item purchased, suggesting that the center not only provides valuable resources but also fosters a sense of celebration and love.
Overall, sentiments lean towards a favorable view, with patrons expressing satisfaction with both the offerings and the mission of The Well Resource Center. The positive feedback reflects a supportive environment that resonates well with those who visit.
This AI summary has been generated from reviews found on Facebook.
Is The Well Resource Center legitimate?
The Well Resource Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Well Resource Center 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: $2,227,092
For more financial information, click here
Official website here: www.thewelliowa.org
What is the mission statement of The Well Resource Center?
The Well Resource Center's mission is centered around combining three key elements: the love of Jesus, the aid of communities, and the resilience within each individual, with the goal of providing hope for life. Through their activities, they have offered over 1700 client appointments, supported around 25 individuals through employment, and hosted more than 200 people in programs that provide a range of services, including financial assistance, emotional support, spiritual counseling, and mental health/addiction support, delivered through one-on-one coaching, programs, and services.
Official website here: www.thewelliowa.org
Who is the CEO of The Well Resource Center?
Matt Gritters is the Board Member of The Well Resource Center.
Official website here: www.thewelliowa.org
What is the revenue of The Well Resource Center?
The Well Resource Center's revenue in 2022 was $4,035,852.
Official website here: www.thewelliowa.org
Who are the executives of The Well Resource Center and what are their salaries?
The average compensation at The Well Resource Center during 2022 was $17,675. There are 126 employees and 583 volunteers at The Well Resource Center.
Here are 6 key members and their salaries:
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Official website here: www.thewelliowa.org
Where can I find the form 990 for The Well Resource Center?
The Well Resource Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thewelliowa.org
Learn more at the official website: www.thewelliowa.org
Mission Statement of The Well Resource Center
The Well Resource Center, a nonprofit organization, is committed to combining the love of Jesus, the aid of communities, and the strength within each individual to instill hope for life. Their mission is to provide a comprehensive approach to support, encompassing financial assistance, emotional comfort, spiritual counseling, and mental health/addiction assistance through one-on-one coaching, programs, and services. This nonprofit has served over 1,700 clients and averaged 25 working clients, while also attracting over 200 individuals to programs that cater to various needs in five communities situated in Central Iowa.
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Impact
July, 2024
The Well Resource Center has made a significant impact by providing over 1700 client appointments, assisting an average of 25 workers, and hosting programs that have been attended by over 200 individuals. They offer a wide range of services including financial assistance, emotional support, spiritual counseling, and mental health/addiction support through one-on-one coaching. Their programs and services are available in five communities in central Iowa, contributing to the well-being and hope of many individuals in need.
This information is meant to be a general summary of The Well Resource Center. 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: $290
- Program Service Revenue: $622,795
- Gross Receipts: $4,056,453
Assets and Liabilities:
- Total Assets: $3,615,376
- Total Liabilities: $2,145,661
- Net Assets: $1,469,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WELL WORKS
Revenue
$622,795
Organization Details
Founding Year
2014
Phone
(641) 621-0164Principal Officer
Matt Gritters
Main Address
419 E OSKALOOSA ST, PELLA, IA, 50219
Website
www.thewelliowa.orgNTEE Category
Code: H99 - Medical research
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