Overview
What is Mcdowell Lfac?
Mcdowell Lfac is a 501(c)(3) nonprofit organization situated in Nebo, North Carolina. Their primary mission is to enhance the local food system in Mcdowell County by fostering connections and strengthening partnerships between producers, businesses, agencies, and not-for-profit organizations. By doing so, they aim to improve the health, income, and livelihoods of all community members. In 2020-2021, they executed several projects, such as a learning garden to support a produce for pediatrics initiative and engaged in regional and statewide resource sharing and networking opportunities. The organization also provided support for community engagement efforts and assisted in fundraising for the Foothills Food Hub. With a team of two dedicated individuals, Mcdowell Lfac continually works towards building a comprehensive food network in the community.
Official website here: www.foothillsfoodhub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Mcdowell Lfac has received a Two-Star rating from Charity Navigator, indicating a need for improvement in their overall operations. The organization scored 73% overall, with commendable performance in areas such as having a fully independent board and a strong program expense ratio, which stands at 74.89%. This suggests that a significant portion of their funds is directed towards programs rather than administrative costs, which is a positive aspect of their financial management.
However, the nonprofit's accountability and finance practices reveal several areas of concern. Notably, Mcdowell Lfac lacks key policies such as a whistleblower policy and a document retention and destruction policy, which are critical for transparency and governance. Additionally, they only received a review or compilation for their financial statements, which may limit a comprehensive understanding of their financial health.
Despite these limitations, the organization shows a commitment to responsible governance through its independent board structure and has no reported material diversion of assets. Overall, while Mcdowell Lfac demonstrates strengths in program funding, it must enhance its accountability measures to improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Mcdowell Lfac legitimate?
Mcdowell Lfac is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcdowell Lfac 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: $62,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.foothillsfoodhub.org
What is the mission statement of Mcdowell Lfac?
Mcdowell Lfac, a 501(c)(3) organization, aims to connect, coordinate, and strengthen the local food system in its operational area. The organization's primary goal is to enhance the health, income, and livelihoods of all community members. This is achieved by building a comprehensive network of producers, businesses, agencies, and non-profit organizations within the food system. Mcdowell Lfac accomplishes this by developing and implementing programs, special projects, and supportive food system infrastructure. The organization's mission is to improve the overall well-being of the community by fostering a robust and sustainable local food system.
Official website here: www.foothillsfoodhub.org
Who is the CEO of Mcdowell Lfac?
Alex Portelli is the Chair of Mcdowell Lfac.
Official website here: www.foothillsfoodhub.org
What is the revenue of Mcdowell Lfac?
Mcdowell Lfac's revenue in 2022 was $1,042,821.
Official website here: www.foothillsfoodhub.org
Who are the executives of Mcdowell Lfac and what are their salaries?
The average compensation at Mcdowell Lfac during 2022 was $31,086. There are 2 employees and 50 volunteers at Mcdowell Lfac.
Here are 9 key members and their salaries:
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- Compensation: $1,949
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- Compensation: $65,687
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- Other: $0
Official website here: www.foothillsfoodhub.org
Where can I find the form 990 for Mcdowell Lfac?
Mcdowell Lfac's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foothillsfoodhub.org
Learn more at the official website: www.foothillsfoodhub.org
Mission Statement of Mcdowell Lfac
Mcdowell LFAC, a 501(c)(3) organization, is dedicated to connecting, coordinating, and strengthening the local food system in its community. With a vision to enhance the health, income, and livelihoods of all residents, Mcdowell LFAC aims to construct a comprehensive food network consisting of producers, businesses, agencies, and not-for-profit organizations. The organization achieves this by developing and implementing programs, special projects, and supportive food system infrastructure, working towards building a self-sufficient and resilient local food ecosystem.
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Impact
July, 2024
Mcdowell LFAC's impact lies in its mission to connect, coordinate, and strengthen the local food system in McDowell County, North Carolina. By building a complete food network of producers, businesses, agencies, and not-for-profit organizations, LFAC aims to improve the health, income, and livelihoods of all community members. Through developing and implementing programs, special projects, and supportive food system infrastructure, LFAC is actively working towards enhancing the local food ecosystem in McDowell.
This information is meant to be a general summary of Mcdowell Lfac. 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.
- Program Service Revenue: $1,000
- Gross Receipts: $1,042,821
Assets and Liabilities:
- Total Assets: $1,323,302
- Total Liabilities: $2,977
- Net Assets: $1,320,325
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD HUB FARMER DUES
Revenue
$1,000
Organization Details
Founding Year
2018
Phone
(828) 442-5920Principal Officer
Alex Portelli
Main Address
PO BOX 851, NEBO, NC, 28761
Website
www.foothillsfoodhub.orgNTEE Category
Code: K99 - Food
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