Overview
What is Volunteer Ministry Center?
Volunteer Ministry Center is a nonprofit organization situated in Knoxville, Tennessee. Their primary mission is to assist individuals experiencing homelessness in securing permanent housing and accessing essential supportive services. They operate a transitional day program, offering various amenities such as showers, meals, laundry facilities, computer access, mail services, classes, and social activities. The Resource Center served 279 individuals in 2022, with 39 successfully achieving permanent housing. In addition to their direct services, Volunteer Ministry Center also works to prevent homelessness for those on the brink of losing their homes. With a dedicated workforce of 61 employees, the organization is committed to making a significant impact in the lives of homeless individuals.
Official website here: www.vmcinc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
Volunteer Ministry Center has achieved a perfect score of 100%, highlighting its strong performance in key areas such as accountability, financial health, and impact measurement. The organization operates with a fully independent board, which enhances its governance and oversight capabilities. The charity demonstrates excellent financial management, with a program expense ratio of 87.70%, indicating that a significant portion of its funds directly supports its mission.
The organization has effectively established systems for collecting and using feedback, as well as for evaluating its impact, both scoring 100%. Additionally, it shows a commitment to equity strategies and leadership development, further underscoring its adaptability and community engagement efforts. The presence of a well-defined conflict of interest policy and consistent financial practices adds to its credibility and trustworthiness.
While the data reflects exceptional performance, the organization must maintain its standards to continue meeting the expectations of stakeholders and constituents. Overall, Volunteer Ministry Center stands out as a highly effective nonprofit with robust governance and a clear focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Volunteer Ministry Center legitimate?
Volunteer Ministry Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Volunteer Ministry Center 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: $124,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vmcinc.org
What is the mission statement of Volunteer Ministry Center?
The Volunteer Ministry Center's mission is centered around assisting homeless individuals. Their primary goal is to help these individuals secure permanent housing, while also providing access to necessary supportive services. Additionally, the organization takes proactive steps to prevent homelessness for individuals who are marginally housed. The center offers a transitional day program, providing professional case management to help individuals in need achieve and maintain stable housing. Facilities and services offered at the center include showers, meals, laundry, computer access, mail services, classes, and social activities. In 2022, the center served 279 individuals and successfully housed 39 of them permanently.
Official website here: www.vmcinc.org
Who is the CEO of Volunteer Ministry Center?
Bo Townsend is the CEO of Volunteer Ministry Center The CEO's salary of Volunteer Ministry Center is $23,432 and their total compensation is $23,432.
Official website here: www.vmcinc.org
What is the revenue of Volunteer Ministry Center?
Volunteer Ministry Center's revenue in 2023 was $6,128,585.
Official website here: www.vmcinc.org
Who are the executives of Volunteer Ministry Center and what are their salaries?
The average compensation at Volunteer Ministry Center during 2023 was $2,045. There are 61 employees and 1421 volunteers at Volunteer Ministry Center.
Here are 24 key members and their salaries (Volunteer Ministry Center's CEO's salary is $23,432 and their total compensation is $23,432):
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- Compensation: $23,432
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- Compensation: $66,107
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Official website here: www.vmcinc.org
Where can I find the form 990 for Volunteer Ministry Center?
Volunteer Ministry Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vmcinc.org
Learn more at the official website: www.vmcinc.org
Mission Statement of Volunteer Ministry Center
The Volunteer Ministry Center, a nonprofit organization, is dedicated to assisting homeless individuals and those at risk of becoming homeless. Its mission is twofold: firstly, it works tirelessly to help homeless individuals secure permanent housing; secondly, it aims to prevent homelessness for those who are marginally housed. The center achieves this through its transitional day program, which offers various supportive services. These services include professional case management, access to facilities such as showers, meals, laundry, and computer use, as well as classes and social activities. In 2022, the program served 279 individuals, with 39 of them successfully achieving and maintaining permanent housing.
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Impact
July, 2024
Volunteer Ministry Center's impact is evident in the lives of the homeless individuals they serve. Through their Resource Center program, they have successfully helped 39 individuals achieve permanent housing in 2022. Additionally, their services such as showers, meals, laundry, computer access, and more, provide vital support to highly vulnerable individuals experiencing homelessness. By working to prevent homelessness for marginally housed individuals, Volunteer Ministry Center is making a tangible difference in the community of Knoxville, TN.
This information is meant to be a general summary of Volunteer Ministry Center. 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: $141,926
- Program Service Revenue: $1,173,484
- Gross Receipts: $6,198,998
Assets and Liabilities:
- Total Assets: $10,353,138
- Total Liabilities: $652,110
- Net Assets: $9,701,028
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE INCOME
Revenue
$1,154,044
MANAGEMENT FEES
Revenue
$19,440
Organization Details
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