Overview
What is Community Food Bank?
The Community Food Bank, located in Grand Junction, Colorado, is a compassionate nonprofit organization dedicated to addressing food insecurity. Over the course of its operations, it has successfully distributed an impressive 772,369 pounds of food, serving a total of 39,088 unique individuals and providing a grand total of 643,640 meals. Its primary mission revolves around providing essential food supplies to those in need, offering a vital lifeline for many families. In addition to emergency food assistance, the Community Food Bank also extends a helping hand with resource navigation, ensuring that individuals and families can access the necessary support during challenging times. With a team of just 5 dedicated employees, this nonprofit organization continues to make a significant impact in its community, alleviating hunger and promoting overall well-being.
Official website here: www.foodbankgj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Community Food Bank has achieved an 88% rating from Charity Navigator, indicating strong performance in accountability and finance. The organization demonstrates excellent governance with 100% independent board members and a solid program expense ratio of 93.13%, reflecting a commitment to direct support for its mission. The financial health of the organization is also robust, as evidenced by a low liabilities to assets ratio of 0.34%.
However, there are some areas for improvement. The charity is missing certain policies, including a whistleblower policy and a document retention and destruction policy, which may affect its overall governance score. Additionally, the tax form is not posted on the nonprofit's website, which could hinder transparency efforts and accessibility for stakeholders.
Overall, while the Community Food Bank showcases strong financial management and governance practices, addressing these gaps in policy and documentation could enhance its accountability and transparency further.
This AI summary has been generated from information found on Charity Navigator.
Is Community Food Bank legitimate?
Community Food Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Food Bank 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: $140,883
For more financial information, click here
Official website here: www.foodbankgj.org
What is the mission statement of Community Food Bank?
The Community Food Bank's mission is centered around providing emergency food assistance to individuals and families in need. Beyond this, they also offer assistance with navigating resources. In practice, they have contributed 772,369 pounds of food to families in need, served meals to 39,088 unique individuals, and collectively provided 643,640 meals.
Official website here: www.foodbankgj.org
Who is the CEO of Community Food Bank?
Cole Sjoholm is the Director of Community Food Bank.
Official website here: www.foodbankgj.org
What is the revenue of Community Food Bank?
Community Food Bank's revenue in 2022 was $910,063.
Official website here: www.foodbankgj.org
Who are the executives of Community Food Bank and what are their salaries?
The average compensation at Community Food Bank during 2022 was $28,177. There are 5 employees and 217 volunteers at Community Food Bank.
Here are 11 key members and their salaries:
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Official website here: www.foodbankgj.org
Where can I find the form 990 for Community Food Bank?
Community Food Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foodbankgj.org
Learn more at the official website: www.foodbankgj.org
Mission Statement of Community Food Bank
The Community Food Bank, in its mission, is dedicated to providing essential food supplies to individuals and families who are in need. Its primary objective is to offer emergency food assistance, aiming to alleviate hunger and supplement the daily diet of those who are struggling. Furthermore, the organization extends its support beyond just food, by assisting individuals in navigating available resources.
In carrying out its mission, the Community Food Bank has made significant strides. It has provided families in need with a substantial amount of food, amounting to 772,369 pounds. This food has been distributed to a total of 643,640 meals, serving a significant number of individuals. The organization has also reached out to 39,088 unique individuals, ensuring that multiple families can benefit from its services. These statistics underscore the Community Food Bank's commitment to addressing food insecurity in the community.
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Impact
July, 2024
Community Food Bank's impact can be seen in the significant amount of support it provides to individuals and families in need. In the city of Grand Junction, Colorado, it has distributed 772,369 pounds of food, serving 39,088 duplicated individuals with a total of 643,640 meals. This assistance helps alleviate hunger and food insecurity among community members, fulfilling its mission of providing emergency food assistance and aiding with resource navigation.
This information is meant to be a general summary of Community Food Bank. 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: $51
- Program Service Revenue: $50
- Gross Receipts: $910,063
Assets and Liabilities:
- Total Assets: $1,305,959
- Total Liabilities: $4,641
- Net Assets: $1,301,318
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$50
Organization Details
Founding Year
1978
Phone
(970) 640-0336Principal Officer
Cole Sjoholm
Main Address
PO BOX 3614, GRAND JUNCTION, CO, 81502
Website
www.foodbankgj.orgNTEE Category
Code: K31 - Food
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