nonprofit logo

Matthew 25 House Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 870790640 ✦ Ames, IA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Matthew 25 House Inc?

Matthew 25 House Inc is a nonprofit organization located in Ames, Iowa, specifically at 330 South 2nd Street. Their mission is to provide a nurturing and supportive environment for former inmates, allowing them to develop both social and spiritual networks. By offering a warm and wholesome atmosphere, the organization aims to foster a positive lifestyle and instill positive values in its residents. Matthew 25 House Inc serves as a safe space for individuals transitioning from incarceration, providing them with the resources and environment necessary to rebuild their lives.


Official website here: www.matthew25house.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

Matthew 25 House Inc has achieved a 76% score, which translates into a Three-Star rating, primarily based on its Accountability & Finance metrics. The organization demonstrates strong governance with a fully independent board, scored perfectly in several key areas such as independent board size and the absence of material asset diversion. It also maintains a favorable liabilities to assets ratio, indicating sound financial health.

However, the nonprofit has notable deficiencies, particularly in its governance policies. It lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are critical for transparency and accountability. Additionally, the organization does not provide board meeting minutes, which could limit stakeholder insight into decision-making processes.

Despite these limitations, Matthew 25 House Inc effectively allocates its resources, with a program expense ratio of 100%, suggesting that all funding is directed toward its mission. Overall, while the organization performs well in financial accountability, improvements in governance policies could enhance its credibility and operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Matthew 25 House Inc legitimate?

Matthew 25 House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew 25 House 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.matthew25house.org

What is the mission statement of Matthew 25 House Inc?

Matthew 25 House Inc's mission is centered around providing a nurturing, Christian environment for former inmates. This environment aims to foster a supportive and positive lifestyle change for these individuals. By offering housing within a family-like setting, Matthew 25 House Inc encourages the development of both social and spiritual networks, aiming to help former inmates transition back into society with a fresh start. The organization's primary goal is to create an atmosphere that encourages personal growth and the adoption of positive values.


Official website here: www.matthew25house.org

Who is the CEO of Matthew 25 House Inc?

Kevin Geis is the Board President of Matthew 25 House Inc.


Official website here: www.matthew25house.org

What is the revenue of Matthew 25 House Inc?

Matthew 25 House Inc's revenue in 2022 was $78,798.


Official website here: www.matthew25house.org

Who are the executives of Matthew 25 House Inc and what are their salaries?

There 10 volunteers at Matthew 25 House Inc.


Here are 7 key members and their salaries:


Terry Herrman (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Knight (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Larson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Geis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Little (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kosterman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Maldonado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.matthew25house.org

Where can I find the form 990 for Matthew 25 House Inc?

Matthew 25 House Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.matthew25house.org

Learn more at the official website: www.matthew25house.org

Mission Statement of Matthew 25 House Inc

Matthew 25 House Inc strives to offer a nurturing and spiritual environment for former inmates. Their mission is to provide a welcoming and supportive atmosphere that encourages the development of positive values and lifestyles for these individuals. By offering a Christian family environment, Matthew 25 House Inc aims to help former inmates rebuild their lives and establish a strong network of social and spiritual support.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




August, 2024

Matthew 25 House Inc's impact is profound as it provides a crucial service to former inmates by offering them a supportive Christian family environment. By offering housing in such a setting, the organization helps these individuals in developing positive lifestyle choices and values. This nurturing atmosphere enables them to build social and spiritual networks, fostering their rehabilitation and reintegration into society. Through their mission, Matthew 25 House Inc contributes significantly to community improvement by positively impacting the lives of those who have been incarcerated.




This information is meant to be a general summary of Matthew 25 House 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.

Revenue
$78,798 (2022)
Expenses
$66,657 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,101
  • Program Service Revenue: $11,900
  • Gross Receipts: $78,798

Assets and Liabilities:

  • Total Assets: $328,598
  • Total Liabilities: $350
  • Net Assets: $328,248

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENTIAL FEES

Revenue

$11,900

Organization Details

Founding Year

2006

Principal Officer

Kevin Geis

Main Address

330 SOUTH 2ND STREET, AMES, IA, 50010

NTEE Category

Code: S20 - Community improvement

If you are a representative of Matthew 25 House Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.