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The Bread Of Life Inc

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

EIN: 562053857 ✦ Brevard, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Bread Of Life Inc?

The Bread of Life Inc, based in Transylvania, North Carolina, is a dedicated nonprofit organization that operates primarily through volunteer efforts. Their main objectives include operating a community kitchen and an emergency pantry. Through these initiatives, they prepare and serve or deliver free meals to individuals in need, such as the homeless, financially struggling, sick, and elderly residents of the area. The community kitchen and emergency pantry serve as vital resources for these individuals, providing them with essential support during challenging times.

Is The Bread Of Life Inc legitimate?

The Bread Of Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bread Of Life 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: $73,811
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Bread Of Life Inc?

The Bread of Life Inc's mission is centered around providing support to individuals in need. They operate an all-volunteer community kitchen, preparing and serving or delivering free meals to the homeless, financially struggling, ill, and elderly. Additionally, they manage an emergency pantry to assist these individuals in Transylvania, NC. Their mission is to provide essential aid during challenging times, promoting food security and community support.

Who is the CEO of The Bread Of Life Inc?

Karl Hosler is the President of The Bread Of Life Inc.

What is the revenue of The Bread Of Life Inc?

The Bread Of Life Inc's revenue in 2022 was $318,124.

Who are the executives of The Bread Of Life Inc and what are their salaries?

The average compensation at The Bread Of Life Inc during 2022 was $36,906. There are 2 employees and 20 volunteers at The Bread Of Life Inc.


Here are 7 key members and their salaries:


Michael Collins (Operations Director)
  • Compensation: $52,326
  • Related: $0
  • Other: $0
Paula Wesley (Finance Manager)
  • Compensation: $21,485
  • Related: $0
  • Other: $0
Corey Gafnea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Conley Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Hennig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Hosler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Komar (Vice Presdent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Bread Of Life Inc?

The Bread Of Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Bread Of Life Inc

The Bread of Life Inc, a nonprofit organization, is dedicated to serving the community by operating a free community kitchen and emergency pantry. This mission sees the organization preparing and serving, or delivering, meals to individuals in need, including the homeless, financially struggling, ill, and elderly. By doing so, The Bread of Life Inc provides a vital service, ensuring that no one goes without a nutritious meal, regardless of their circumstances. This mission is carried out by a dedicated team of volunteers, demonstrating the organization's commitment to its community and those in need.

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Impact




October, 2024

The Bread Of Life Inc has made a significant impact in Transylvania, NC, by operating a community kitchen and emergency pantry that provides essential meals to those in need. By leveraging the dedication of volunteers, they prepare and serve free meals to homeless individuals, financially disadvantaged families, the ill, and the elderly. This initiative not only addresses food insecurity but also fosters a sense of community and support among residents. The organization's efforts ensure that vulnerable populations in Brevard receive nutritious meals, contributing to their overall well-being and dignity. Through their compassionate service, The Bread Of Life Inc plays a critical role in uplifting and sustaining the local community.




This information is meant to be a general summary of The Bread Of Life 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
$318,124 (2022)
Expenses
$267,311 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $872
  • Gross Receipts: $318,124

Assets and Liabilities:

  • Total Assets: $752,041
  • Total Liabilities: $2,819
  • Net Assets: $749,222

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Organization Details

Founding Year

1996

Principal Officer

Karl Hosler

Main Address

238 S Caldwell St, Brevard, NC, 28712

NTEE Category

Code: K31 - Food

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