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434 Ministries Inc

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

EIN: 811823443 ✦ Corydon, IN ✦ Designated as a 501(c)(3)

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Overview

What is 434 Ministries Inc?

434 Ministries Inc, situated in Harrison County, Indiana, is a nonprofit organization dedicated to addressing homelessness in the region. They offer essential resources to disadvantaged individuals and families who struggle to secure shelter and meet their basic needs. The primary initiative of 434 Ministries is Macy House, a multi-family residential facility that serves as a transitional home. This facility provides crucial support, helping those in need to regain stability and independence. The organization's mission extends beyond shelter, encompassing various resources aimed at preventing and ultimately eradicating homelessness in the community.


Official website here: www.434ministries.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating

434 Ministries Inc has achieved an impressive 97% score, which reflects its strong accountability and financial practices. The organization boasts a perfect score in several key areas, including having a fully independent board and no material diversion of assets. This high rating indicates that donors can be confident in the financial integrity of the organization.

The nonprofit's operational strengths are evident in its commitment to transparency and governance. It has established comprehensive policies for conflict of interest, whistleblower protection, and document retention, all of which contribute to its effective management. Furthermore, with a program expense ratio of 84.67%, the organization is utilizing a significant portion of its funds directly towards its programs, signaling a focus on impact.

While the rating highlights numerous strengths, it is essential to remain aware that the score is derived solely from accountability and finance metrics. Potential donors may want to explore additional factors such as program effectiveness and community impact to gain a comprehensive understanding of the organization's overall performance and reach.


This AI summary has been generated from information found on Charity Navigator.

Is 434 Ministries Inc legitimate?

434 Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 434 Ministries Inc submitted a form 990EZ, 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.


Official website here: www.434ministries.org

What is the mission statement of 434 Ministries Inc?

434 Ministries Inc's mission is centered around addressing homelessness. They provide resources to prevent and eventually eradicate this issue, particularly in the vicinity of Harrison County, Indiana. The organization operates Macy House, a residential facility offering transitional housing and essential resources to disadvantaged individuals and families who may struggle to access basic needs such as shelter. The aim is to support these individuals and families during their transition towards self-sufficiency.


Official website here: www.434ministries.org

Who is the CEO of 434 Ministries Inc?

Unavailable


Official website here: www.434ministries.org

What is the revenue of 434 Ministries Inc?

434 Ministries Inc's revenue in 2022 was $75,833.


Official website here: www.434ministries.org

Who are the executives of 434 Ministries Inc and what are their salaries?


Here are 6 key members and their salaries:


Michael Kurz (Chair Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Timberlake (Vice-Chair Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Sieberns (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Kaufman (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Mathes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Nance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.434ministries.org

Where can I find the form 990EZ for 434 Ministries Inc?

434 Ministries Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.434ministries.org

Learn more at the official website: www.434ministries.org

Mission Statement of 434 Ministries Inc

434 Ministries Inc, a dedicated nonprofit organization, is committed to eradicating homelessness in the vicinity of Harrison County, Indiana. Central to its mission is the operation of Macy House, a multi-family residential facility. This facility serves as a transitional home for disadvantaged individuals and families, offering them essential resources that they might otherwise lack, such as shelter and basic necessities. By providing this transitional housing, 434 Ministries Inc aims to empower these individuals and families, helping them regain their footing and rebuild their lives. The organization's overarching goal is to prevent and ultimately end homelessness in the area, thereby contributing to a more equitable and supportive community.

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Impact




August, 2024

434 Ministries Inc's impact is profound in the community, offering crucial resources that prevent and end homelessness in and around Harrison County, Indiana. Through their operation of Macy House, a multi-family residential facility providing transitional housing and essential support services, they are actively addressing the needs of disadvantaged individuals and families who may lack access to shelter and other basic necessities. By focusing on housing and support services, 434 Ministries Inc is making a tangible difference in combating homelessness and improving the lives of those in need in the Corydon area.




This information is meant to be a general summary of 434 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.

Revenue
$75,833 (2022)
Expenses
$63,130 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55
  • Program Service Revenue: $2,125
  • Gross Receipts: $75,833

Assets and Liabilities:

  • Total Assets: $251,171
  • Total Liabilities: $229
  • Net Assets: $250,942

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Organization Details

Main Address

270 Wyandotte Ave, Corydon, IN, 47112

NTEE Category

Code: L41 - Housing

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