Interfaith Assistance Ministry Inc

Organization Overview

Interfaith Assistance Ministry Inc is located in Hendersonville, NC. The organization was established in 1984. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Interfaith Assistance Ministry Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith Assistance Ministry 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 12/2021, Interfaith Assistance Ministry Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 15.2% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST MEMBERS OF OUR COMMUNITY EXPERIENCING CRISIS WITH BASIC NEEDS, IN AN ATMOSPHERE OF COMPASSION AND RESPECT

Describe the Organization's Program Activity:

Part 3 - Line 4a

IAM PROVIDED 43,056 CRISIS SERVICE TOUCHES TO NEIGHBORS IN NEED IN 2021. THOSE SERVICES INCLUDED FOOD ORDERS THAT FED 41,870 CHILDREN AND ADULTS PROVIDING ENOUGH FOOD TO PREPARE 879,270 MEALS. THE VERY POPULAR DRIVE-THRU TUESDAY WEEKLY FOOD DISTRIBUTION SERVED 10,771 HOUSEHOLDS WITH FOOD AND HYGIENE PRODUCTS SUFFICIENT FOR EVERY MEMBER OF THE FAMILY FOR A WEEK. IAM PROVIDED FINANCIAL ASSISTANCE, WORKING DIRECTLY WITH UTILITIES AND LANDLORDS , THAT HELPED 436 FAMILIES AVOID DISCONNECTIONS AND PROVIDED 662 INDIVIDUALS WITH RENT OR MORTGAGE ASSISTANCE; GASOLINE VOUCHERS AND BUS TICKETS ASSISTED 262 INDIVIDUALS. THE CLOTHING ASSISTANCE DEPARTMENT SERVED 1,595 FAMILIES COMPRISED OF 3,222 INDIVIDUALS PROVIDING CLOTHING, JACKETS, SHOES AND LINENS TO NEIGHBORS IN NEED.


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Moss
Executive Director
$108,763
Rabbi Rachael Jackson
President
$0
Dick Weaver
Secretary
$0
David Scott
Treasurer
$0
Rick Merrill
Vice President
$0
Marcia Caserio
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $72,121
All other contributions, gifts, grants, and similar amounts not included above$2,661,304
Noncash contributions included in lines 1a–1f $1,055,671
Total Revenue from Contributions, Gifts, Grants & Similar$2,733,425
Total Program Service Revenue$0
Investment income $21,647
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $104,950
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,860,022

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Interfaith Assistance Ministry Inc has recieved totaling $1,111,025.

Awarding OrganizationAmount
Manna Food Bank Inc

Asheville, NC

PURPOSE: FOOD DISTRIBUTION

$762,341
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$115,244
Wnc Bridge Foundation

Asheville, NC

PURPOSE: NOW/IMPACT GRANT

$78,500
$46,990
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$25,000
Organization Name not Listed

PURPOSE: CHARITABLE DONATION

|

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$99,273
Earnings$15,640
Admin Expense$786
Other Expense$1,826
Ending Balance$112,301

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