Overview
What is Blue Meridian Partners Inc?
Blue Meridian Partners Inc is a New York-based nonprofit organization dedicated to discovering and financing scalable solutions to the issues that trap young people and families in poverty and hinder economic mobility in America. By pooling philanthropic capital, they make long-term, flexible investments and offer strategic planning and operational support to social sector leaders, enabling them to expand their impact and influence.
Official website here: www.bluemeridian.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star Rating)
Blue Meridian Partners Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial integrity. The charity's overall score is derived entirely from its Accountability & Finance metrics, showcasing its exceptional management and transparency practices, including a 91% score in this area.
The organization benefits from a highly independent board, with 77% of its members being independent. It maintains rigorous oversight through various policies, such as a conflict of interest policy and a whistleblower policy, both of which are fully in place. The financial health of Blue Meridian is illustrated by its impressive program expense ratio of 98.63%, indicating that the vast majority of its funding directly supports its mission.
Despite its strengths, there are no specific limitations or concerns highlighted in the available data. Overall, Blue Meridian Partners Inc demonstrates strong operational practices and a clear commitment to maximizing the impact of its resources for its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Meridian Partners Inc legitimate?
Blue Meridian Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Meridian Partners 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: $5,424,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,936,421
For more financial information, click here
Official website here: www.bluemeridian.org
What is the mission statement of Blue Meridian Partners Inc?
Blue Meridian Partners Inc is dedicated to identifying and financing scalable solutions that help alleviate issues preventing youth and families in America from escaping poverty and achieving economic mobility. Through pooling philanthropic capital, the organization makes long-term investments and offers strategic planning and operational support to social sector leaders, enabling them to expand their impact and reach. Their goal is to provide sustainable solutions that address the root causes of poverty and improve economic opportunities for the next generation.
Official website here: www.bluemeridian.org
Who is the CEO of Blue Meridian Partners Inc?
Kay Nemoto is the President And Ceo of Blue Meridian Partners Inc. The CEO's salary of Blue Meridian Partners Inc is $1,006,419 and their total compensation is $1,107,552.
Official website here: www.bluemeridian.org
What is the revenue of Blue Meridian Partners Inc?
Blue Meridian Partners Inc's revenue in 2022 was $1,212,525,156.
Official website here: www.bluemeridian.org
Who are the executives of Blue Meridian Partners Inc and what are their salaries?
The average compensation at Blue Meridian Partners Inc during 2022 was $206,304. There are 89 employees and 7 volunteers at Blue Meridian Partners Inc.
Here are 21 key members and their salaries (Blue Meridian Partners Inc's CEO's salary is $1,006,419 and their total compensation is $1,107,552):
- Compensation: $1,006,419
- Related: $0
- Other: $101,133
- Compensation: $60,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $819,653
- Related: $0
- Other: $100,472
- Compensation: $632,436
- Related: $0
- Other: $63,876
- Compensation: $587,821
- Related: $0
- Other: $64,788
- Compensation: $668,232
- Related: $0
- Other: $87,277
- Compensation: $500,488
- Related: $0
- Other: $64,506
- Compensation: $425,465
- Related: $0
- Other: $80,945
- Compensation: $493,036
- Related: $0
- Other: $74,153
- Compensation: $531,730
- Related: $0
- Other: $72,526
- Compensation: $487,434
- Related: $0
- Other: $82,809
- Compensation: $482,657
- Related: $0
- Other: $60,085
- Compensation: $458,943
- Related: $0
- Other: $43,352
- Compensation: $454,709
- Related: $0
- Other: $51,232
Official website here: www.bluemeridian.org
Where can I find the form 990 for Blue Meridian Partners Inc?
Blue Meridian Partners Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bluemeridian.org
Learn more at the official website: www.bluemeridian.org
Mission Statement of Blue Meridian Partners Inc
Blue Meridian Partners, a leading organization, is dedicated to identifying and funding scalable solutions that help alleviate the issues trapping America's youth and families in poverty and limiting their economic mobility. The organization pools philanthropic capital to make long-term, flexible investments and offers strategic planning and operational support to social sector leaders. By doing so, Blue Meridian Partners empowers these leaders to expand the reach, impact, and influence of their solutions. In simpler terms, Blue Meridian Partners acts as a catalyst, providing the resources and support necessary for social sector organizations to effectively address the root causes of poverty and economic immobility in the United States. With a mission driven by compassion and a commitment to making a meaningful difference, Blue Meridian Partners continues to invest in and support initiatives that have the potential to transform lives and communities.
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Impact
October, 2024
Blue Meridian Partners Inc. has a significant impact by addressing the systemic issues that prevent young people and families in the United States from achieving economic mobility and escaping poverty. By pooling philanthropic capital, they enable substantial, long-term investments in innovative and scalable solutions. This funding approach not only provides financial resources but also offers strategic planning and operational support to social sector leaders.
Their commitment to finding and funding effective programs helps to expand the reach and influence of these solutions, ultimately aiming to transform the lives of vulnerable populations. By focusing on sustainable impact, Blue Meridian Partners plays a crucial role in creating pathways out of poverty, fostering economic stability, and promoting resilience in communities across the nation. Their work is pivotal in fostering an environment where every individual has the opportunity to thrive, contributing to a more equitable society.
This information is meant to be a general summary of Blue Meridian Partners 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: $31,813,953
- Gross Receipts: $3,553,322,962
Assets and Liabilities:
- Total Assets: $2,400,151,638
- Total Liabilities: $3,501,130
- Net Assets: $2,396,650,508
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Organization Details
Founding Year
2017
Phone
(212) 551-9100Principal Officer
Kay Nemoto
Main Address
477 MADISON AVE 6TH FL, NEW YORK, NY, 10022
Website
www.bluemeridian.orgNTEE Category
Code: P12 - Human services
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