Overview
What is Food Bank Of Central & Eastern Nc Inc?
The Food Bank of Central & Eastern North Carolina, founded in 1980, is a nonprofit organization based in Raleigh, North Carolina. With a team of 196 dedicated employees, the Food Bank has been addressing hunger issues in the region for over 40 years. They serve a network of more than 700 partner agencies, such as soup kitchens, food pantries, shelters, and programs for children and adults, through distribution centers in Durham, Greenville, New Bern, Raleigh, the Sandhills (Southern Pines), and Wilmington. The organization's mission is to nourish people, build solutions, and empower communities, ensuring that no one goes hungry. In the fiscal year ending June 30, 2023, they distributed 90 million meals worth of food to those in need.
Official website here: www.foodbankcenc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating
The Food Bank of Central & Eastern NC Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in several key areas. The charity demonstrates complete accountability and financial transparency, with a perfect score of 100% in Accountability & Finance. Additionally, the organization excels in Impact & Measurement, showcasing its effectiveness in fulfilling its mission to combat hunger in the region.
Strengths of the food bank include its fully independent board comprised of 25 members and robust financial practices, such as a strong program expense ratio of 96.90%. The organization maintains clear policies for conflict of interest, whistleblowing, and document retention, indicating a high standard of governance and ethical practices. Its high scores in leadership and community engagement illustrate a commitment to adaptability and responsiveness to the needs of the populations it serves.
Despite its strengths, the food bank's lowest score was in Leadership & Adaptability, at 100%, suggesting that while it is performing exceptionally, there may be areas for potential development or growth in leadership strategies. Overall, the Food Bank of Central & Eastern NC Inc stands out as a highly effective nonprofit, demonstrating a serious commitment to accountability, impact, and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Food Bank Of Central & Eastern Nc Inc legitimate?
Food Bank Of Central & Eastern Nc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Bank Of Central & Eastern Nc 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: $517,368
Professional Fundraising Fees: $1,471,086
Other Salaries and Wages: $10,157,518
For more financial information, click here
Official website here: www.foodbankcenc.org
What is the mission statement of Food Bank Of Central & Eastern Nc Inc?
The Food Bank of Central & Eastern North Carolina, established in 1980, is a nonprofit organization dedicated to providing food for individuals at risk of hunger. With a network of over 700 partner agencies, including soup kitchens, food pantries, shelters, and programs for children and adults, the Food Bank has been serving central and eastern North Carolina for over 40 years. Its mission is to nourish people, build solutions, and empower communities, ensuring that no one goes hungry. During the fiscal year ended June 30, 2023, the Food Bank distributed 90 million meals worth of food to these partner agencies, an achievement made possible through the support of dedicated staff, volunteers, donors, advocates, and corporate partners.
Official website here: www.foodbankcenc.org
Who is the CEO of Food Bank Of Central & Eastern Nc Inc?
Ashley Mccumber is the Chair of Food Bank Of Central & Eastern Nc Inc. The CEO's salary of Food Bank Of Central & Eastern Nc Inc is $74,061 and their total compensation is $76,690.
Official website here: www.foodbankcenc.org
What is the revenue of Food Bank Of Central & Eastern Nc Inc?
Food Bank Of Central & Eastern Nc Inc's revenue in 2023 was $232,338,914.
Official website here: www.foodbankcenc.org
Who are the executives of Food Bank Of Central & Eastern Nc Inc and what are their salaries?
The average compensation at Food Bank Of Central & Eastern Nc Inc during 2023 was $54,464. There are 196 employees and 56445 volunteers at Food Bank Of Central & Eastern Nc Inc.
Here are 33 key members and their salaries (Food Bank Of Central & Eastern Nc Inc's CEO's salary is $74,061 and their total compensation is $76,690):
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Official website here: www.foodbankcenc.org
Where can I find the form 990 for Food Bank Of Central & Eastern Nc Inc?
Food Bank Of Central & Eastern Nc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foodbankcenc.org
Learn more at the official website: www.foodbankcenc.org
Mission Statement of Food Bank Of Central & Eastern Nc Inc
Food Bank of Central & Eastern North Carolina, a nonprofit organization established in 1980, has been dedicated to providing food for individuals at risk of hunger in the region for over 40 years. With a network of over 700 partner agencies, the Food Bank serves communities across Central and Eastern North Carolina through distribution centers in various cities. The organization's mission is threefold: to nourish people, build solutions, and empower communities.
The Food Bank of Central & Eastern North Carolina has played a vital role in addressing food insecurity by distributing approximately 90 million meals worth of food during the fiscal year ended June 30, 2023. This significant achievement was made possible by a dedicated team of staff, volunteers, donors, advocates, and corporate partners. The organization's primary goal is to ensure that no one goes hungry in the communities it serves. By providing food to a range of partner agencies, including soup kitchens, food pantries, shelters, and programs for children and adults, the Food Bank offers essential nourishment to those in need.
The organization's efforts extend beyond merely distributing food. They seek to build long-term solutions and empower communities by collaborating with their partners to address the root causes of food insecurity. Through their work, they have helped feed thousands of children, seniors, families, and individuals across the region. The Food Bank of Central & Eastern North Carolina is a beacon of hope and support for those facing food insecurity, working tirelessly to make a difference in the lives of those they serve.
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Impact
October, 2024
The Food Bank of Central & Eastern North Carolina has been a vital force in combating hunger in the region since its establishment in 1980. Over four decades, it has successfully nourished thousands of individuals, families, seniors, and children at risk of hunger.
In the recent fiscal year, the organization distributed an impressive 90 million meals through a robust network of around 700 partner agencies, including soup kitchens, food pantries, and shelters. This extensive distribution network, coupled with dedicated staff, volunteers, and community partners, highlights the strong community commitment to addressing food insecurity.
Its mission goes beyond just providing meals; it focuses on building sustainable solutions and empowering communities. The Food Bank strives to ensure that no one in Central and Eastern North Carolina goes hungry, making a significant impact on the lives of many who rely on its services for nourishment and support.
This information is meant to be a general summary of Food Bank Of Central & Eastern Nc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $499,589
- Program Service Revenue: $1,539,500
- Gross Receipts: $264,739,562
Assets and Liabilities:
- Total Assets: $104,815,207
- Total Liabilities: $3,832,235
- Net Assets: $100,982,972
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PURCHASE PROGRAM
Revenue
$1,539,500
Organization Details
Founding Year
1980
Phone
(919) 875-0707Principal Officer
Ashley Mccumber
Main Address
1924 CAPITAL BOULEVARD, RALEIGH, NC, 276042147
Website
www.foodbankcenc.orgNTEE Category
Code: K310 - Food
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