Overview
What is Men Of Melchizedek Inc?
Men Of Melchizedek Inc, located in Imlay City, Michigan, is a nonprofit organization with a mission to support indigent Catholic priests. They offer financial aid to address various necessities such as living expenses, legal proceedings, and healthcare costs. The organization's purpose aligns with the authentic teachings of the Holy Catholic Church and the Holy Father, providing solutions to the challenges faced by Catholic priests. With a small team of two employees, Men Of Melchizedek Inc strives to uphold the priesthood within the Holy Roman Catholic Church and Eastern Rite Catholic churches, all under the Supreme Pontiff's primacy.
Official website here: www.menofmelchizedek.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Men Of Melchizedek Inc has received a One-Star rating from Charity Navigator, primarily reflecting its low overall score of 52%. This rating indicates significant concerns regarding the charity's financial management and transparency. While the organization excels in certain governance aspects, such as having a fully independent board and effective oversight practices, these strengths are overshadowed by weaknesses in financial performance metrics.
The charity's financial statements reveal critical issues, particularly the liabilities to assets ratio, which received a score of 0 out of 15, suggesting potential financial instability. Additionally, the organization scored poorly on the program expense ratio, earning 0 out of 25 points, indicating that a minimal portion of its expenses is being directed toward its programs. This raises questions about the effectiveness of its resource allocation.
Moreover, while Men Of Melchizedek Inc demonstrates a commitment to governance practices with policies on conflicts of interest and whistleblower protections, the absence of posted tax documents on its website (0 out of 4 points) further contributes to transparency concerns. Overall, stakeholders should approach this nonprofit with caution, given the significant financial and transparency issues highlighted in the rating.
This AI summary has been generated from information found on Charity Navigator.
Is Men Of Melchizedek Inc legitimate?
Men Of Melchizedek Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Men Of Melchizedek 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: $155,705
For more financial information, click here
Official website here: www.menofmelchizedek.org
What is the mission statement of Men Of Melchizedek Inc?
Men of Melchizedek Inc's mission is focused on offering assistance to the priesthood within the Holy Roman Catholic Church and the Eastern Rite Catholic churches, all under the authority of the Supreme Pontiff through the Congregation for the Eastern Churches. Their primary goal is to identify and address the challenges faced by Catholic priests, ensuring their solutions align with the teachings of the Holy Catholic Church and the Holy Father, as well as his predecessors.
Official website here: www.menofmelchizedek.org
What is the revenue of Men Of Melchizedek Inc?
Men Of Melchizedek Inc's revenue in 2024 was $602,305.
Official website here: www.menofmelchizedek.org
Who are the executives of Men Of Melchizedek Inc and what are their salaries?
The average compensation at Men Of Melchizedek Inc during 2024 was $77,852. There are 2 employees at Men Of Melchizedek Inc.
Here are 5 key members and their salaries:
- Compensation: $137,550
- 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.menofmelchizedek.org
Where can I find the form 990 for Men Of Melchizedek Inc?
Men Of Melchizedek Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.menofmelchizedek.org
Learn more at the official website: www.menofmelchizedek.org
Mission Statement of Men Of Melchizedek Inc
Men of Melchizedek Inc is a nonprofit organization dedicated to offering support to the priesthood of the Holy Roman Catholic Church and the Eastern Rite Catholic churches, under the jurisdiction of the Supreme Pontiff. This support is facilitated through the Congregation for the Eastern Churches. The primary objective of Men of Melchizedek Inc is to identify and address the challenges faced by Catholic priests, ensuring their solutions align with the authentic teachings of the Holy Catholic Church and the Holy Father, as well as his predecessors. The organization's mission is to uphold and strengthen the priesthood, ensuring it remains true to its traditional values and continues to serve its congregations effectively.
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Impact
July, 2024
Men of Melchizedek Inc's impact lies in providing vital financial assistance to indigent Catholic priests facing a variety of challenges. By offering support for living expenses, legal proceedings, healthcare, and other essential needs, the organization ensures that these priests can continue their important work without the burden of financial stress. Through their actions, Men of Melchizedek Inc plays a crucial role in supporting the priesthood of the Holy Roman Catholic Church and the Eastern Rite Catholic churches, ultimately upholding the teachings of the Church and the Holy Father.
This information is meant to be a general summary of Men Of Melchizedek 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 2024.
- Gross Receipts: $602,305
Assets and Liabilities:
- Total Assets: $35,025
- Total Liabilities: $2,333
- Net Assets: $32,692
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Organization Details
Founding Year
2019
Principal Officer
Joseph R Maher
Website
www.menofmelchizedek.orgNTEE Category
Code: P80 - Human services
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