Overview
What is Marketplace Ministries Inc?
Marketplace Ministries Inc is a nonprofit organization based in Plano, Texas, with a workforce of 2,225 employees. They offer chaplain services to around 1,466 businesses at 5,747 locations, reaching over 363,855 company employees. Their mission is to share God's love in the workplace by providing a personalized and proactive employee care service through chaplain teams. Approximately 2,127 chaplains minister to over 1.3 million people through this 24/7 nationwide service.
Official website here: www.mchapusa.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Marketplace Ministries Inc has demonstrated a strong performance in accountability and financial management, achieving a commendable 96% score. This rating reflects the organization's commitment to transparency, as evidenced by its perfect scores across various criteria such as independent board membership, financial oversight, and the absence of material asset diversions.
The organization boasts a fully independent board, which enhances its governance and accountability. It has effectively implemented essential policies, including conflict of interest and whistleblower policies, ensuring ethical practices within its operations. Moreover, a significant portion of its expenses, at 83.26%, is directed towards programs, indicating a focus on fulfilling its mission.
While the rating highlights the strengths in governance and financial management, specific details regarding the impact of its programs or areas for improvement were not provided. Overall, the data suggests that Marketplace Ministries Inc is a financially sound charity with robust practices in place to support its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Marketplace Ministries Inc legitimate?
Marketplace Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marketplace Ministries 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: $699,078
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,588,374
For more financial information, click here
Official website here: www.mchapusa.com
What is the mission statement of Marketplace Ministries Inc?
Marketplace Ministries Inc is dedicated to sharing God's love in the workplace. They accomplish this mission by providing a personalized and proactive employee care service through chaplain teams. The chaplains offer this care to approximately 1,466 companies at 5,747 locations, reaching over 363,855 company employees. The ministry's reach extends beyond employees to include over 1.3 million people under its compassionate umbrella. Through the chaplain care service, which is available 24/7 nationwide, Marketplace Ministries aims to bring comfort, support, and spiritual guidance to individuals in their professional environment. Their chaplains foster a nurturing and inclusive atmosphere, offering a listening ear, guidance, and resources for employees facing various challenges.
Official website here: www.mchapusa.com
Who is the CEO of Marketplace Ministries Inc?
Jason Brown is the President/Ceo of Marketplace Ministries Inc. The CEO's salary of Marketplace Ministries Inc is $24,057 and their total compensation is $29,503.
Official website here: www.mchapusa.com
What is the revenue of Marketplace Ministries Inc?
Marketplace Ministries Inc's revenue in 2022 was $26,607,271.
Official website here: www.mchapusa.com
Who are the executives of Marketplace Ministries Inc and what are their salaries?
The average compensation at Marketplace Ministries Inc during 2022 was $8,669. There are 2225 employees and 7 volunteers at Marketplace Ministries Inc.
Here are 14 key members and their salaries (Marketplace Ministries Inc's CEO's salary is $24,057 and their total compensation is $29,503):
- Compensation: $221,467
- Related: $0
- Other: $37,571
- Compensation: $133,032
- Related: $0
- Other: $11,551
- Compensation: $96,827
- Related: $0
- Other: $3,018
- Compensation: $61,479
- Related: $0
- Other: $5,393
- Compensation: $46,557
- Related: $0
- Other: $11,572
- Compensation: $36,237
- Related: $0
- Other: $4,871
- Compensation: $24,057
- Related: $0
- Other: $5,446
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mchapusa.com
Where can I find the form 990 for Marketplace Ministries Inc?
Marketplace Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mchapusa.com
Learn more at the official website: www.mchapusa.com
Mission Statement of Marketplace Ministries Inc
Marketplace Ministries Inc, a nonprofit organization, is dedicated to sharing God's love in the workplace by providing a personalized and proactive employee care service through chaplain teams. The mission of this faith-based organization is to bring spiritual support to employees in various workplaces across the nation.
Approximately 2,127 chaplains from Marketplace Ministries Inc offer chaplain and employee care to over 1,466 companies, reaching out to 5,747 locations and ministering to over 363,855 company employees. The scope of this organization's compassion extends beyond just the employees, with an estimated impact on over 1.3 million people. This comprehensive chaplain care service is available 24/7, ensuring that help is always accessible to those in need.
Marketplace Ministries Inc's chaplains work tirelessly to provide emotional, spiritual, and practical support to employees, addressing their unique needs and concerns. Through these interactions, the organization fosters a work environment that encourages personal growth, resilience, and a stronger sense of community. The chaplains' presence in the workplace also promotes open communication and creates a safe space for employees to discuss their challenges and seek guidance.
In summary, Marketplace Ministries Inc, a nonprofit organization, is committed to spreading God's love in the workplace by providing personalized and proactive employee care through its chaplain teams. With approximately 2,127 chaplains serving over 1,466 companies and reaching out to over 363,855 employees and impacting over 1.3 million people, this organization truly embodies the power of compassionate care in the workplace.
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Impact
October, 2024
Marketplace Ministries Inc significantly impacts workplaces across the nation by providing dedicated chaplain services to companies and their employees. With a network of approximately 2,127 chaplains, the organization reaches 1,466 companies at 5,747 locations, supporting over 363,855 employees. This expansive outreach means that more than 1.3 million individuals, including employees and their family members, benefit from compassionate care and support.
The mission centers on sharing God's love in the workplace, offering a personalized and proactive approach to employee care. This commitment fosters a supportive environment where employees can seek guidance and assistance in both personal and professional challenges, promoting overall well-being and morale. The 24/7 accessibility of chaplain services allows for immediate support at any time, enhancing the resilience and community within organizations.
Overall, Marketplace Ministries Inc plays a vital role in cultivating healthier workplace cultures by integrating spiritual care into the daily lives of employees, ultimately enriching both professional environments and individual lives.
This information is meant to be a general summary of Marketplace Ministries 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,904
- Program Service Revenue: $25,402,804
- Gross Receipts: $26,607,271
Assets and Liabilities:
- Total Assets: $6,768,644
- Total Liabilities: $3,252,562
- Net Assets: $3,516,082
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Chaplain Program
Revenue
$25,402,804
Organization Details
Founding Year
1984
Phone
(972) 941-4400Principal Officer
Jason Brown
Main Address
2001 West Plano Parkway, Plano, TX, 75075
Website
www.mchapusa.comNTEE Category
Code: X20Z - Religion related
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