Overview
What is Sisters Of St Joseph Mission And Ministries Foundation?
Sisters of St. Joseph Mission and Ministries Foundation is a nonprofit organization located in Erie, Pennsylvania. Their primary mission is to support the Sisters of St. Joseph of Northwestern Pennsylvania and their current and future ministries. Additionally, they extend their support to other organizations with similar missions, as evidenced by the $43,288 in restricted gifts and grants they disbursed this year. This foundation plays a crucial role in uplifting and empowering related organizations, contributing to their ongoing operations and initiatives.
Official website here: www.ssjmmf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
The Sisters of St Joseph Mission and Ministries Foundation has received a 52% rating from Charity Navigator, which translates to a One-Star rating. This score reflects significant weaknesses in the organization’s accountability and financial practices, with a particularly concerning program expense ratio of 41.50%, indicating that a smaller portion of their expenses is directed toward programs compared to overhead.
On the positive side, the organization boasts a fully independent board, with all 17 members meeting the criteria for independence. Additionally, the foundation has demonstrated strong practices in several areas, such as having a well-structured audit and oversight committee, a conflict of interest policy, and documented board meeting minutes.
However, notable limitations include the absence of a whistleblower policy and the failure to post their tax form on their website, both of which contributed to their low accountability score. Furthermore, their liabilities to assets ratio is troubling, as it suggests financial vulnerabilities that could impact their operations and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Sisters Of St Joseph Mission And Ministries Foundation legitimate?
Sisters Of St Joseph Mission And Ministries Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sisters Of St Joseph Mission And Ministries Foundation 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:
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For more financial information, click here
Official website here: www.ssjmmf.org
What is the mission statement of Sisters Of St Joseph Mission And Ministries Foundation?
The Sisters of St. Joseph Mission and Ministries Foundation's mission is to support the Sisters of St. Joseph of Northwestern Pennsylvania and their current and future ministries, as well as other organizations with similar missions. This is achieved by providing financial assistance through restricted gifts and grants. The foundation also distributes funds to various non-profit organizations in addition to the Sisters of St. Joseph. The primary goal is to contribute to the ongoing work of these organizations and align with their shared missions.
Official website here: www.ssjmmf.org
What is the revenue of Sisters Of St Joseph Mission And Ministries Foundation?
Sisters Of St Joseph Mission And Ministries Foundation's revenue in 2023 was $1,049,080.
Official website here: www.ssjmmf.org
Who are the executives of Sisters Of St Joseph Mission And Ministries Foundation and what are their salaries?
There 125 volunteers at Sisters Of St Joseph Mission And Ministries Foundation.
Here are 10 key members and their salaries:
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- Related: $78,025
- Other: $3,412
Official website here: www.ssjmmf.org
Where can I find the form 990 for Sisters Of St Joseph Mission And Ministries Foundation?
Sisters Of St Joseph Mission And Ministries Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ssjmmf.org
Learn more at the official website: www.ssjmmf.org
Mission Statement of Sisters Of St Joseph Mission And Ministries Foundation
The Sisters of St. Joseph Mission and Ministries Foundation is dedicated to supporting the Sisters of St. Joseph of Northwestern Pennsylvania and their current and future ministries, as well as other organizations with similar missions. The foundation's main objective is to provide financial assistance in the form of restricted gifts and grants, contributing a total of $43,288 this year to both the Sisters of St. Joseph and various other nonprofit organizations. By doing so, the Sisters of St. Joseph Mission and Ministries Foundation aims to contribute to the ongoing work and initiatives of these organizations, furthering their missions and making a positive impact in their respective communities.
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Impact
July, 2024
The Sisters of St. Joseph Mission and Ministries Foundation has a direct impact on supporting the Congregation of the Sisters of St. Joseph of Northwestern Pennsylvania, along with various other organizations with similar missions. Through paid restricted gifts and grants, the foundation contributes to the growth and sustainability of these organizations. In the most recent year, the foundation distributed $43,288 in restricted gifts and grants, furthering the work and impact of these entities in their communities.
This information is meant to be a general summary of Sisters Of St Joseph Mission And Ministries Foundation. 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: $332,793
- Gross Receipts: $3,918,668
Assets and Liabilities:
- Total Assets: $14,385,616
- Total Liabilities: $84,532
- Net Assets: $14,301,084
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Organization Details
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