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Mission Investors Exchange Inc

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

EIN: 475593271 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mission Investors Exchange Inc?

Mission Investors Exchange Inc, based in New York City, serves as a leading network for foundations committed to socially and environmentally impactful investing. As a charitable and educational organization, MIE offers various forums, materials, training, and support to foundations and philanthropic organizations, encouraging the strategic use of mission investing within their charitable activities. This includes both program-related and mission-related investments. MIE's offerings include educational programming such as workshops, webinars, and peer-learning opportunities, culminating in a biannual conference. With a team of 13 dedicated individuals, MIE plays a crucial role in fostering effective philanthropy through impact investing.


Official website here: www.missioninvestors.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 93% (Four-Star out of Four Star rating)

Mission Investors Exchange Inc has achieved a commendable score of 93% from Charity Navigator, indicating a high level of operational excellence and accountability. The organization excels in areas such as financial oversight, with a perfect score for its audit and oversight committee, and shows a strong commitment to governance, as evidenced by the 90% independence of its board members.

Strengths of the organization are highlighted by its effective policies and practices, with top scores in feedback collection and usage, which demonstrate its engagement with stakeholders. Additionally, there are no noted material diversions of assets, reinforcing its financial integrity. The organization is proactive in adhering to best practices, including having a conflict of interest policy and a whistleblower policy in place.

However, while the organization performs well in equity strategies, it has room for improvement in its equity data and policies, scoring lower in those categories. This suggests a need for further development in its equity initiatives to enhance its impact and inclusivity. Overall, Mission Investors Exchange Inc showcases strong financial health and governance practices, though it could benefit from addressing its equity-related processes.


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

Is Mission Investors Exchange Inc legitimate?

Mission Investors Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mission Investors Exchange Inc 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: $1,004,579
Professional Fundraising Fees: $0
Other Salaries and Wages: $580,178

For more financial information, click here


Official website here: www.missioninvestors.org

What is the mission statement of Mission Investors Exchange Inc?

Mission Investors Exchange Inc is a charitable and educational organization, serving as a leading network for foundations committed to deploying capital for social and environmental change. Their mission is to encourage effective use of mission investing, including both program-related and mission-related investments, as a significant part of their charitable activities. To achieve this, MIE provides educational forums, materials, training, and support to foundations and other philanthropic organizations. This includes organizing educational programming such as trainings, webinars, peer-to-peer learning opportunities, and a biannual conference.


Official website here: www.missioninvestors.org

Who is the CEO of Mission Investors Exchange Inc?

Matthew Onek is the President & Ceo of Mission Investors Exchange Inc. The CEO's salary of Mission Investors Exchange Inc is $305,895 and their total compensation is $330,646.


Official website here: www.missioninvestors.org

What is the revenue of Mission Investors Exchange Inc?

Mission Investors Exchange Inc's revenue in 2022 was $5,523,951.


Official website here: www.missioninvestors.org

Who are the executives of Mission Investors Exchange Inc and what are their salaries?

The average compensation at Mission Investors Exchange Inc during 2022 was $121,904. There are 13 employees and 12 volunteers at Mission Investors Exchange Inc.


Here are 18 key members and their salaries (Mission Investors Exchange Inc's CEO's salary is $305,895 and their total compensation is $330,646):


Matthew Onek (President & Ceo)
  • Compensation: $305,895
  • Related: $0
  • Other: $24,751
Christine Looney (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Jones (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Muller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joohee Rand (Secretary - Until 06/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Bynum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Comstock-Gay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mari Kuraishi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Phinney Silver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanaysha Sauls (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherece West-Scantlebury (Director Until 12/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wahls (Senior Vp, Programs)
  • Compensation: $209,431
  • Related: $0
  • Other: $22,361
Nick Almeida (Coo)
  • Compensation: $229,315
  • Related: $0
  • Other: $540
Melanie Audette (Sr. Vp, Member & Partner Engagement)
  • Compensation: $165,820
  • Related: $0
  • Other: $18,181
Rebecca Price (Vp, Membership - Until 07/2022)
  • Compensation: $102,067
  • Related: $0
  • Other: $3,312
Elizabeth Katzenbach (Director, Finance & Operation)
  • Compensation: $103,077
  • Related: $0
  • Other: $15,517


Official website here: www.missioninvestors.org

Where can I find the form 990 for Mission Investors Exchange Inc?

Mission Investors Exchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.missioninvestors.org

Learn more at the official website: www.missioninvestors.org

Mission Statement of Mission Investors Exchange Inc

Mission Investors Exchange Inc, a leading impact investing network, is dedicated to charitable foundations aiming to deploy capital for social and environmental change. As a charitable and educational organization, Mission Investors Exchange provides educational forums, materials, training, and support to foundations and other philanthropic organizations, encouraging them to utilize mission investing, including both program-related and mission-related investments, as a significant part of their charitable activities. To achieve this, Mission Investors Exchange organizes educational programming such as trainings, webinars, peer-to-peer learning opportunities, and a biannual conference. These initiatives help foundations and philanthropic organizations to develop effective strategies for mission investing, ultimately contributing to positive social and environmental change.

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Impact




July, 2024

Mission Investors Exchange Inc is the leading impact investing network for foundations dedicated to deploying capital for social and environmental change. Through its educational programming such as trainings, webinars, peer-to-peer learning opportunities, and a biannual conference, Mission Investors Exchange Inc empowers foundations and philanthropic organizations to effectively use mission investing as a significant part of their charitable activities. Based in New York, Mission Investors Exchange Inc plays a crucial role in promoting and implementing impact investing strategies among philanthropic entities, ultimately driving positive social and environmental outcomes.




This information is meant to be a general summary of Mission Investors Exchange Inc. 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
$5,523,951 (2022)
Expenses
$3,467,387 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,744
  • Program Service Revenue: $1,737,725
  • Gross Receipts: $5,523,951

Assets and Liabilities:

  • Total Assets: $7,567,685
  • Total Liabilities: $568,605
  • Net Assets: $6,999,080

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Programs

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

MEMBERSHIP DUES

Revenue

$1,059,521

PROGRAM REGISTRATIONS

Revenue

$675,704

HONORARIA

Revenue

$2,500

Organization Details

Founding Year

2015

Principal Officer

Matthew Onek

Main Address

105 W 86TH STREET 358, NEW YORK, NY, 10024

NTEE Category

Code: T01 - Philanthropy

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