Overview
What is Food Bank Of The Albemarle?
The Food Bank of the Albemarle is a North Carolina-based nonprofit organization that has been addressing food insecurity in northeastern North Carolina since 1982. With a team of 55 employees, the Food Bank acts as a central food sourcing and distribution center, serving over 95 hunger relief partners operating in 15 counties. Their mission reaches communities spanning over 9,100 square miles, primarily rural and underserved areas with high food insecurity. To ensure access to food for those in need, the Food Bank delivers to the most remote locations every month. The served counties include Beaufort, Camden, Chowan, Currituck, Dare, Gates, Hertford, Hyde, Martin, Northampton, Pasquanank, Perquimans, Tyrrell, and Washington. With a growing need for food assistance due to factors like lack of affordable housing, inadequate public transportation, and stagnant wage growth, the Food Bank of the Albemarle works diligently to distribute nutritious food, providing fresh fruits, vegetables, lean proteins, and whole grains to its partners. During the COVID-19 pandemic, the Food Bank experienced record-breaking food distribution, distributing 5,043,878 pounds of donated food, equivalent to 4.2 million meals, to help alleviate the increased demand for emergency food assistance.
Official website here: www.afoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 99%, Four-Star out of Four Star rating.
The Food Bank of the Albemarle has achieved an impressive 99% score from Charity Navigator, reflecting its strong performance in both accountability and financial management. With a high program expense ratio of 95.97% and a fundraising efficiency ratio that indicates minimal cost per dollar raised, the organization demonstrates effective use of resources to fulfill its mission. The high impact and measurement score of 100 suggests that the nonprofit is highly effective in its outreach and service delivery, providing meals at a lower cost compared to local meal prices.
User feedback has recognized the vital role the Food Bank plays in the community, but some reviews indicate areas for improvement, particularly in distribution fairness. A client expressed concerns about receiving an unequal share of available resources, raising important issues regarding the equitable distribution of food. This highlights a need for the organization to reassess its distribution practices to ensure all clients feel valued and supported.
Overall, while the Food Bank of the Albemarle excels in financial health and operational impact, addressing user concerns about fairness and equity in service delivery will be crucial for maintaining community trust and effectiveness.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Food Bank Of The Albemarle legitimate?
Food Bank Of The Albemarle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Bank Of The Albemarle 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: $83,384
Professional Fundraising Fees: $82,349
Other Salaries and Wages: $1,234,735
For more financial information, click here
Official website here: www.afoodbank.org
What is the mission statement of Food Bank Of The Albemarle?
The Food Bank of the Albemarle is dedicated to combating hunger and poverty in northeastern North Carolina since its inception in 1982. With the distribution of over 107 million pounds of food, they serve as the central food sourcing and distribution center to over 95 hunger relief partners operating 138 programs. These programs provide food assistance benefits to more than 48,000 individuals living in 15 counties. The diverse communities they serve are predominantly rural, underserved locations with high food insecurity, suffering from issues like lack of affordable housing, limited public transportation, and stagnant wage growth. Despite these challenges, one in six people and one in four children in the region experience food insecurity. In response to the COVID-19 pandemic, the Food Bank had a record-breaking year in FY 21/22, distributing 5,043,878 pounds of donated food equivalent to 4.2 million meals, valued at $9,684,246. The organization is committed to sourcing nutritious food for distribution, focusing on fresh fruits and vegetables, lean proteins, and whole grains. They collaborate with over 95 hunger relief partners to distribute food, including food pantries, shelters, community programs, mobile distributions, and church ministies.
Official website here: www.afoodbank.org
Who is the CEO of Food Bank Of The Albemarle?
Elizabeth Reasoner is the Executive Di of Food Bank Of The Albemarle.
Official website here: www.afoodbank.org
What is the revenue of Food Bank Of The Albemarle?
Food Bank Of The Albemarle's revenue in 2022 was $16,985,582.
Official website here: www.afoodbank.org
Who are the executives of Food Bank Of The Albemarle and what are their salaries?
The average compensation at Food Bank Of The Albemarle during 2022 was $23,966. There are 55 employees and 3335 volunteers at Food Bank Of The Albemarle.
Here are 13 key members and their salaries:
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Official website here: www.afoodbank.org
Where can I find the form 990 for Food Bank Of The Albemarle?
Food Bank Of The Albemarle's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afoodbank.org
Learn more at the official website: www.afoodbank.org
Mission Statement of Food Bank Of The Albemarle
Food Bank of the Albemarle, a vital organization established in 1982, has been working tirelessly to combat hunger and poverty in northeastern North Carolina. With a mission to alleviate food insecurity and improve the lives of over 48,000 individuals living in the region, the Food Bank of the Albemarle serves as the central food sourcing and distribution center for more than 95 hunger relief partners operating across 15 counties. These communities, which include Berite, Beaufort, Camden, Chowan, Currituck, Dare, Gates, Hertford, Hyde, Martin, Northampton, Pasquotank, Perquimans, Tyrrell, and Washington County, face common challenges such as lack of affordable housing, limited access to public transportation, and stagnant wage growth.
The Food Bank of the Albemarle's reach extends to the most remote locations every month, providing essential food assistance to those in need. Recognizing the importance of nutritious food in maintaining overall health and well-being, the organization focuses on sourcing and distributing fresh fruits and vegetables, lean proteins, and whole grains. In response to the unprecedented need for emergency food assistance during the COVID-19 pandemic, the Food Bank of the Albemarle distributed a record-breaking 5,043,878 pounds of donated food, equivalent to 4.2 million meals, in the 2021/22 fiscal year. By partnering with various hunger relief organizations, Food Bank of the Albemarle continues to expand access to emergency food support for individuals and families facing food insecurity, including children, seniors, veterans, disabled persons, and working poor.
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Impact
October, 2024
The Food Bank of the Albemarle has made a significant impact in the fight against hunger and poverty in northeastern North Carolina since its inception in 1982. By distributing over 107 million pounds of food, it serves as a crucial resource for more than 95 hunger relief partners across 15 counties. In a region characterized by high food insecurity and many underserved rural communities, the Food Bank plays a pivotal role in ensuring access to nutritious food.
The organization's efforts have been particularly vital during times of crisis, such as the COVID-19 pandemic, which saw a record-breaking distribution of over 5 million pounds of food in one fiscal year alone. This response addressed the needs of more than 48,000 individuals facing food insecurity, including 1 in 6 adults and 1 in 4 children in the area.
The Food Bank’s distribution ecosystem includes partnerships with food pantries, shelters, community programs, and mobile distributions, aiming to reach those in the most remote locations. By emphasizing the importance of nutritious food, they work to source and provide fresh fruits, vegetables, lean proteins, and whole grains to families facing hunger.
Their commitment to understanding and accommodating the diverse needs of different communities—due to economic factors such as lack of affordable housing and stagnant wages—underlines their essential role in the region. The Food Bank of the Albemarle effectively addresses food insecurity while contributing to the overall health and well-being of the communities it serves, marking a transformative impact on the lives of countless individuals and families.
This information is meant to be a general summary of Food Bank Of The Albemarle. 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: -$255,995
- Program Service Revenue: $489,729
- Gross Receipts: $16,985,582
Assets and Liabilities:
- Total Assets: $8,532,057
- Total Liabilities: $308,540
- Net Assets: $8,223,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DELIVERY FEES
Revenue
$182,664
AGENCY FOOD PURCHASES
Revenue
$154,518
AGENCY SHARED CONTRIBUTION FE
Revenue
$124,677
MISCELLANEOUS INCOME
Revenue
$27,870
Organization Details
Phone
(252) 335-4035Principal Officer
Elizabeth Reasoner
Main Address
PO BOX 1704, ELIZABETH CITY, NC, 279061704
Website
www.afoodbank.orgNTEE Category
Code: K31Z - Food
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