South Michigan Food Bank
- Assets
- $7.0m
- Revenue
- $26.2m
- Investments
- $140.2k
- Employees
- 43
- Location
- Battle Creek, MI
- Founding
- 02/1983
- Data as of
- 12/2023
- EIN
- 38-2445948
Organization Overview
South Michigan Food Bank is located in Battle Creek, MI. The organization was established in 1983. 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 12/2023, South Michigan Food Bank employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Michigan Food Bank 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 12/2023, South Michigan Food Bank generated $26.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $26.1m during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FEED HUNGRY PEOPLE BY COLLECTING AND DISTRIBUTING FOOD AND GROCERY PRODUCTS, ADVOCATING FOR HUNGER RELIEF PROGRAMS, AND COLLABORATING WITH OTHERS WHO ADDRESS BASIC HUMAN NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLEAN, COLLECT, WAREHOUSE, AND FACILLITATE THE DISTRIBUTION OF FOOD TO THOSE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Vogel Executive Di | Officer | 40 | $139,945 |
Jim Stockman Chair | OfficerTrustee | 1 | $0 |
Tami Pitale Vice Chair | OfficerTrustee | 1 | $0 |
Mark Clise Secretary/tr | OfficerTrustee | 1 | $0 |
Michael Mcfarlen Director | Trustee | 1 | $0 |
Chris Kallgren Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $160,673 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,419,424 |
| Noncash contributions included in lines 1a–1f | $22,122,113 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,580,097 |
| Total Program Service Revenue | $1,504,310 |
| Investment income | $102,568 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,065 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,210,667 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,489,722 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,945 |
| Compensation of current officers, directors, key employees. | $34,986 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,325,975 |
| Pension plan accruals and contributions | $91,860 |
| Other employee benefits | $248,119 |
| Payroll taxes | $112,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $232,145 |
| Advertising and promotion | $63,647 |
| Office expenses | $24,151 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $110,244 |
| Travel | $115,210 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,526 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $232,402 |
| Insurance | $68,378 |
| All other expenses | $29,589 |
| Total functional expenses | $26,085,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $604,413 |
| Savings and temporary cash investments | $530,520 |
| Pledges and grants receivable | $120,393 |
| Accounts receivable, net | $239,512 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,051,414 |
| Prepaid expenses and deferred charges | $72,428 |
| Net Land, buildings, and equipment | $1,307,860 |
| Investments—publicly traded securities | $2,798,360 |
| Investments—other securities | $140,160 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,620 |
| Total assets | $6,956,680 |
| Accounts payable and accrued expenses | $135,189 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $68,135 |
| Total liabilities | $203,324 |
| Net assets without donor restrictions | $6,190,865 |
| Net assets with donor restrictions | $562,491 |
| 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 | $6,956,680 |