Meet The Need Development Corporation
- Assets
- $780.4k
- Revenue
- $353.3k
- Investments
- $0.0
- Employees
- 28
- Location
- Excelsior Springs, MO
- Founding
- 01/2005
- Data as of
- 12/2021
- EIN
- 03-0551006
Organization Overview
Meet The Need Development Corporation is located in Excelsior Springs, MO. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Meet The Need Development Corporation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meet The Need Development Corporation 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, Meet The Need Development Corporation generated $353.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $302.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MEET THE NEED IS TO ASSIST THE WORKING POOR THROUGH CRISIS SITUATIONS IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEET THE NEED PROVIDES JOB TRAINING AND MENTORSHIP AS WELL AS A CAFE CALLED OPPORTUNITY CAFE AND COFFEE. WE WANT THOSE WHO ARE STRUGGLING TO GET A JOB DUE TO POOR LIFE CHOICES IN THE PAST, AGING OUT OF FOSTER CARE SYSTEM, HUMAN TRAFFICKING, OR OTHER LIFE CHALLENGES THAT HAS CAUSED THEM NOT TO BE ABLE TO WORK TO HAVE THE OPPORTUNITY TO OVERCOME, TO BE RESTORED, AND TO THRIVE AGAIN! WE HAD A YOUNG MAN COME OUR WAY IN 2021 WHO FOUND THE CONFIDENCE HE NEEDED TO MOVE ON TO A BETTER PAYING JOB WITH BENEFITS. WE HAVE A GREAT STAFF THAT HAS FOUGHT THROUGH THE PANDEMIC AND HELPED US TO CONTINUE TO SERVE THE COMMUNITY OFFERING GREAT FOOD, CUSTOMER SERVICE, AND PRAYER. BASIC NEEDS MET AT THE ASSISTANCE CENTER:325 FAMILIES WHICH INCLUDES 1,030 INDIVIDUALSFOOD PANTRY ASSISTANCE:219 FAMILIES WHICH INCLUDES 3,343 INDIVIDUALSCRISIS CARE PROGRAM:181 FAMILIESBACK TO SCHOOL PROGRAM:111 CHILDRENWORK PROGRAM:46 FAMILIESCHRISTMAS PROGRAM:165 FAMILIES, 223 CHILDREN AND TEENS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Hoffecker Executive Director | 20 | $21,938 | |
Mitch Buhman Secretary | Trustee | 0.25 | $0 |
Karen Dolt Board Member | Trustee | 0.25 | $0 |
Andy Embrey President | Trustee | 0.25 | $0 |
Jim Kennedy Treasurer | Trustee | 0.25 | $0 |
Bob Gerdes Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,560 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,560 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $127,827 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $353,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,520 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,938 |
| Compensation of current officers, directors, key employees. | $2,194 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $112,388 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,276 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,796 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $213 |
| Office expenses | $771 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,225 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,183 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,883 |
| Insurance | $12,934 |
| All other expenses | $27,683 |
| Total functional expenses | $302,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,586 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $640 |
| Net Land, buildings, and equipment | $544,184 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $780,410 |
| Accounts payable and accrued expenses | $2,459 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $191,543 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $194,003 |
| Net assets without donor restrictions | $586,407 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $780,410 |
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