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Matthew 2540 Inc

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

EIN: 621480758 ✦ Dyersburg, TN ✦ Designated as a 501(c)(3)

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Overview

What is Matthew 2540 Inc?

Matthew 2540 Inc is a compassionate nonprofit organization situated in Dyersburg, Tennessee. With a modest workforce of just two individuals, their primary mission is to extend emergency financial aid to individuals and families in need within the Dyer County area. This assistance encompasses essential expenses such as food, rent, utilities, medical costs, and other unforeseen emergencies. By providing this vital support, Matthew 2540 Inc plays a crucial role in alleviating financial hardships in their local community.

Is Matthew 2540 Inc legitimate?

Matthew 2540 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew 2540 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,030

For more financial information, click here

What is the mission statement of Matthew 2540 Inc?

Matthew 2540 Inc's mission is centered around providing emergency financial aid. This organization extends its support to individuals and families in need, specifically within their operational area. Their primary objective is to alleviate financial hardships by providing assistance with expenses such as food, rent, utilities, medical bills, and other emergencies. In essence, Matthew 2540 Inc serves as a financial lifeline for those going through difficult times.

Who is the CEO of Matthew 2540 Inc?

Sarah Alley is the Pres of Matthew 2540 Inc.

What is the revenue of Matthew 2540 Inc?

Matthew 2540 Inc's revenue in 2023 was $173,284.

Who are the executives of Matthew 2540 Inc and what are their salaries?

The average compensation at Matthew 2540 Inc during 2023 was $12,015. There are 2 employees and 15 volunteers at Matthew 2540 Inc.


Here are 5 key members and their salaries:


Susan Mashburn (Sec-Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Murray (Board Mbr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Alley (Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Meade (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Misty Hutcherson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Matthew 2540 Inc?

Matthew 2540 Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Matthew 2540 Inc

Matthew 2540 Inc is a nonprofit organization dedicated to providing emergency financial assistance to individuals and families in need within its community. Their mission is twofold: firstly, they offer financial aid to help alleviate immediate needs such as food distribution and paying for rent, utilities, medical expenses, and other emergency costs. Secondly, this nonprofit organization serves as a safety net for those in financial distress, ensuring they can maintain a stable living situation during challenging times. By providing this essential support, Matthew 2540 Inc plays a critical role in uplifting and empowering vulnerable individuals and families in their community.

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Impact




October, 2024

Matthew 2540 Inc significantly impacts the Dyer County area by offering crucial emergency financial assistance to individuals and families in need. By addressing immediate financial crises, the organization provides support for essential services such as food distribution, rent, utilities, and medical expenses. This assistance not only alleviates the pressures faced by vulnerable populations but also fosters stability within the community. Through its mission, Matthew 2540 Inc plays a vital role in enhancing the quality of life for those experiencing hardship, ensuring that basic needs are met and helping families regain their footing during challenging times.




This information is meant to be a general summary of Matthew 2540 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
$173,284 (2023)
Expenses
$133,289 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,387
  • Gross Receipts: $173,284

Assets and Liabilities:

  • Total Assets: $35,106
  • Total Liabilities: $30,000
  • Net Assets: $5,106

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Organization Details

Founding Year

1991

Principal Officer

Sarah Alley

Main Address

432 W OOURT ST, DYERSBURG, TN, 38024

NTEE Category

Code: P60Z - Human services

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