Overview
What is The Cooperative Ministry?
The Cooperative Ministry is a nonprofit organization situated in Columbia, South Carolina, specifically at 3821 West Beltline Boulevard. Their primary goal is to enhance the economic self-sufficiency of individuals struggling with poverty in the Midlands region. They achieve this mission by offering crisis assistance and sustainability programs. These include providing guidance, counseling, referrals, and direct financial aid to those in need. In addition to these services, The Cooperative Ministry also runs health programs aimed at addressing medical needs within the community. With a team of 19 dedicated individuals, they strive to make a positive impact in the lives of those they serve.
Official website here: www.coopmin.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating
The Cooperative Ministry has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. With a score of 96 in Accountability & Finance, the organization demonstrates robust financial health and transparency, highlighted by its independent board composition and thorough audit procedures. Additionally, it allocates over 90% of its expenditures directly to programs, ensuring that funds are used effectively to meet its mission.
The nonprofit also scores highly in its culture and community engagement, with a score of 95. The organization actively collects and utilizes constituent feedback, achieving perfect scores in both feedback collection and usage. This commitment to engagement suggests that The Cooperative Ministry is responsive to the needs of the communities it serves, which can enhance its overall impact.
While the organization excels in many areas, there are some limitations in its equity policies and processes, evidenced by a score of 4 out of 7. This indicates room for improvement in developing comprehensive strategies for equity within its operations. Overall, The Cooperative Ministry stands out as a well-managed organization focused on accountability and effective community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is The Cooperative Ministry legitimate?
The Cooperative Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cooperative Ministry 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: $311,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $590,847
For more financial information, click here
Official website here: www.coopmin.org
What is the mission statement of The Cooperative Ministry?
The Cooperative Ministry's mission is centered around enhancing economic self-sufficiency for individuals grappling with poverty in the Midlands region. To achieve this, the organization offers crisis assistance and sustainability programs. These initiatives include providing guidance, counseling, and referrals, as well as offering direct financial aid. Furthermore, the Ministry is involved in health programs, offering assistance to meet medical needs. The ultimate goal is to empower these individuals, enabling them to lead more stable and independent lives.
Official website here: www.coopmin.org
Who is the CEO of The Cooperative Ministry?
Beth Irick is the Ceo of The Cooperative Ministry. The CEO's salary of The Cooperative Ministry is $114,650 and their total compensation is $118,925.
Official website here: www.coopmin.org
What is the revenue of The Cooperative Ministry?
The Cooperative Ministry's revenue in 2023 was $6,032,984.
Official website here: www.coopmin.org
Who are the executives of The Cooperative Ministry and what are their salaries?
The average compensation at The Cooperative Ministry during 2023 was $47,470. There are 19 employees and 73 volunteers at The Cooperative Ministry.
Here are 24 key members and their salaries (The Cooperative Ministry's CEO's salary is $114,650 and their total compensation is $118,925):
- Compensation: $114,650
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- Other: $4,275
- Compensation: $105,331
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- Other: $3,741
- Compensation: $79,704
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- Other: $3,098
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Official website here: www.coopmin.org
Where can I find the form 990 for The Cooperative Ministry?
The Cooperative Ministry's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coopmin.org
Learn more at the official website: www.coopmin.org
Mission Statement of The Cooperative Ministry
The Cooperative Ministry, a nonprofit organization, is committed to enhancing the economic independence of individuals grappling with poverty in the Midlands region. It achieves this mission through a twofold approach: crisis assistance and sustainability programs. The organization offers valuable guidance and counseling, alongside essential referrals, to those in need. Furthermore, it extends direct financial aid to help alleviate their difficulties. In addition to these services, The Cooperative Ministry also provides assistance for medical needs, demonstrating its holistic approach to supporting individuals as they strive for self-sufficiency.
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Impact
July, 2024
The Cooperative Ministry tremendously impacts the Midlands community by increasing the economic self-sufficiency of individuals facing poverty through crisis assistance and sustainability programs. This organization offers guidance, counseling, referrals, and direct financial assistance to help people in need. In particular, their health programs provide essential assistance for medical needs, contributing to the overall well-being of individuals in Columbia, SC.
This information is meant to be a general summary of The Cooperative Ministry. 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: $14,796
- Gross Receipts: $6,069,803
Assets and Liabilities:
- Total Assets: $4,057,602
- Total Liabilities: $338,853
- Net Assets: $3,718,749
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Organization Details
Founding Year
1986
Phone
(803) 799-3853Principal Officer
Beth Irick
Main Address
3821 West Beltline Boulevard, Columbia, SC, 29204
Website
www.coopmin.orgNTEE Category
Code: P600 - Human services
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