Northeast Iowa Food Bank Inc

Organization Overview

Northeast Iowa Food Bank Inc is located in Waterloo, IA. The organization was established in 1981. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Northeast Iowa Food Bank Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Iowa Food Bank Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Northeast Iowa Food Bank Inc generated $17.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $18.9m during the year ending 06/2022. While expenses have increased by 6.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

RECEIVING AND DISTRIBUTING FOOD AND NON-FOOD PRODUCTS TO PEOPLE IN NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CEDAR VALLEY FOOD PANTRY PROGRAM - PROVIDED AN AVERAGE OF 3,10 FAMILIES EACH MONTH WITH FOOD THROUGH THE CEDAR VALLEY FOOD PANTRY. THIS PROGRAM PROVIDES SUPPLEMENTAL FOOD AND GROCERY PRODUCTS TO THOSE WHO FALL UNDER THE FEDERAL POVERTY GUIDELINES.


MEMBER AGENCY DISTRIBUTION PROGRAM FOOD DISTRIBUTION TO NONPROFIT PANTRIES, COMMUNITY MEAL SITES, DAY CARES AND OTHER COMMUNITY PROGRAMS IN OUR 16 COUNTY SERVICE AREA. WE HAVE OVER 153 MEMBER AGENCIES.


OTHER PROGRAMS : BACKPACK PROGRAM - PROVIDED 159 SCHOOLS WITH FOOD THROUGH THE BACKPACK PROGRAM, PROVIDING OVER 100,000 BAGS TO OVER 3,509 KIDS EACH WEEK DURING THE NORMAL; SCHOOL YEAR. THIS FOOD IS PROVIDED FOR KIDS TO MAKE SURE THEY HAVE FOOD OVER THE WEEKEND WHEN SCHOOL IS NOT IN SESSION. KIDS CAFE PROGRAM - PROVIDED OVER 46,000 MEALS TO KIDS IN THE SCHOOL YEAR THROUGH THE KIDS CAFE PROGRAM WHILE ALSO SERVING ON AVERAGE 230 CHILDREN DAILY. WE SERVED CHILDREN AT 13 SITES INCLUDING THE SALVATION ARMY, BOYS & GIRLS CLUB, YWCA & YMCA. THIS PROGRAM PROVIDES MEALS AND FOOD TO KIDS THROUGH AFTER SCHOOL PROGRAMS. ELDERLY NUTRITION PROGRAM - PROVIDED AN AVERAGE OF 198 INDIVIDUALS MONTHLY WITH FOOD THROUGH OUR ELDERLY NUTRITION PROGRAM. WE DISTRIBUTED OVER 160,437 MEALS IN PARTNERSHIP WITH AREA AGENCIES ON AGING AND SENIOR SITES FOR SENIORS WHO ARE HOMEBOUND OR NEED FOOD OVER THE WEEKEND WHEN SENIOR MEAL SITES ARE NOT OPERATIONAL.MOBILE FOOD PANTRY PROGRAM - PROVIDED 17 COMMUNITIES IN NORTHEAST IOWA WITH MOBILE FOOD PANTRIES, REACHING AN AVERAGE OF 93 FAMILIES EACH MONTH AT EACH SITE, PROVIDING OVER 929,000 MEALS TOTAL. MOBILE FOOD PANTRIES PROVIDE SUPPLEMENTAL ASSISTANCE TO UNDER-SERVED COMMUNITIES. SUMMER FEEDING PROGRAM - SUMMER OF 2021 WE WERE AT 17 SITES. THIS INCLUDES SITES IN WATERLOO, CEDAR FALLS, CHICKASAW COUNTY & FAYETTE COUNTY. WE SERVED AN AVERAGE OF 300 KIDS EACH DAY.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Prather
Executive Director
$107,655
Michelle Sullivan
Dir. Of Operations (thru Aug 2022)
$74,292
Corey Lorenzen
Vice Chair
$0
Ken Cutts
Chair
$0
Paul Jungen II
Secretary
$0
Emily Girsch
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$61,347
Membership dues$0
Fundraising events$11,560
Related organizations$0
Government grants $5,948,344
All other contributions, gifts, grants, and similar amounts not included above$10,913,129
Noncash contributions included in lines 1a–1f $12,510,244
Total Revenue from Contributions, Gifts, Grants & Similar$16,934,380
Total Program Service Revenue$209,647
Investment income $54,187
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $15,195
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,224,102

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Northeast Iowa Food Bank Inc has recieved totaling $903,163.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$378,002
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$219,661
Northern Illinois Food Bank

Geneva, IL

PURPOSE: FEED THE HUNGRY

$56,399
Otto Schoitz Foundation

Waterloo, IA

PURPOSE: PROGRAMMATIC SUPPORT

$50,000
Harold W Siebens Charitable

New York, NY

PURPOSE: TECHNOLOGY UPGRADES

$50,000
Cedar Valley United Way

Waterloo, IA

PURPOSE: GRANT FOR SPECIFIC PROGRAM SUPPORT.

$37,035
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$354,081
Earnings-$17,241
Net Contributions$1,250
Grants$12,336
Ending Balance$325,754

Peer Organizations

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