Overview
What is Midwest Hemp Council Inc?
Midwest Hemp Council Inc, based in Martinsville, Indiana, is a nonprofit organization with a primary mission to foster the growth and advancement of the industrial hemp industry within the state. Their key activities involve educational outreach and promotion, aiming to cultivate a supportive environment for the development of this industry. By leveraging their resources and expertise, they strive to make significant contributions to this burgeoning sector.
Official website here: www.mhc.memberclicks.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
Midwest Hemp Council Inc has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting a significant concern regarding its accountability and financial practices. The organization scored only 30% overall, primarily due to its low accountability and finance score, which indicates deficiencies in governance and transparency.
One of the key weaknesses noted is the lack of independent board members, with 0 out of 10 points allocated in this area. Additionally, the council does not have a conflict of interest policy, which raises potential concerns about decision-making and oversight. While some policies, such as whistleblower and document retention policies, are in place, the absence of independent oversight and transparency in financial reporting is troubling.
On the positive side, the organization has shown no material diversion of assets, maintaining a good score in that area. However, the missing tax form on the nonprofit's website and a program expense ratio of 0.00% highlight overall operational challenges that could affect donor confidence and support. Overall, potential supporters should be aware of these significant governance issues when considering contributing to the Midwest Hemp Council Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Midwest Hemp Council Inc legitimate?
Midwest Hemp Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Hemp Council 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: $0
For more financial information, click here
Official website here: www.mhc.memberclicks.net
What is the mission statement of Midwest Hemp Council Inc?
The Midwest Hemp Council Inc is dedicated to furthering the industrial hemp industry in Indiana. Their mission encompasses three key areas: education, promotion, and development. They strive to educate the public and relevant parties about the potential of industrial hemp, advocate for its growth, and contribute to its progression within the state. This mission aims to foster a thriving industrial hemp industry in Indiana.
Official website here: www.mhc.memberclicks.net
Who is the CEO of Midwest Hemp Council Inc?
Jamie Campbell Petty is the Board Member of Midwest Hemp Council Inc.
Official website here: www.mhc.memberclicks.net
What is the revenue of Midwest Hemp Council Inc?
Midwest Hemp Council Inc's revenue in 2022 was $29,012.
Official website here: www.mhc.memberclicks.net
Who are the executives of Midwest Hemp Council Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.mhc.memberclicks.net
Where can I find the form 990 for Midwest Hemp Council Inc?
Midwest Hemp Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhc.memberclicks.net
Learn more at the official website: www.mhc.memberclicks.net
Mission Statement of Midwest Hemp Council Inc
Midwest Hemp Council Inc, a nonprofit organization, is dedicated to advocating for and advancing the growth of the industrial hemp industry in Indiana. Its mission is multifaceted, with a focus on education, promotion, and contribution to the development of this sector. The council aims to enlighten the public and stakeholders about the potential and benefits of industrial hemp, thereby fostering its widespread adoption. Furthermore, the council actively works towards promoting the industry, creating awareness about its opportunities and possibilities. Lastly, Midwest Hemp Council Inc is committed to contributing to the industry's development, providing resources and support that help it thrive and grow.
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Impact
August, 2024
Midwest Hemp Council Inc's impact is centered around educating, promoting, and contributing to the development of the industrial hemp industry in Indiana. Their activities aim to raise awareness, provide resources, and support the growth of the hemp sector in the state. Through their mission-driven initiatives, they are helping to build a thriving hemp industry that benefits various stakeholders, from farmers and businesses to consumers interested in hemp-derived products.
This information is meant to be a general summary of Midwest Hemp Council 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.
- Gross Receipts: $31,431
Assets and Liabilities:
- Total Assets: $704
- Total Liabilities: $0
- Net Assets: $704
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Organization Details
Founding Year
2019
Phone
(317) 370-5208Principal Officer
Jamie Campbell Petty
Main Address
6955 Hall School Road, Martinsville, IN, 46151
Website
www.mhc.memberclicks.netNTEE Category
Code: K20 - Food
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