Midwest Food Bank Nfp Inc
- Assets
- $66.7m
- Revenue
- $450.0m
- Investments
- $0.0
- Employees
- 69
- Location
- Normal, IL
- Founding
- 11/2004
- Data as of
- 12/2021
- EIN
- 41-2120170
Organization Overview
Midwest Food Bank Nfp Inc is located in Normal, IL. The organization was established in 2004. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2021, Midwest Food Bank Nfp Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Food Bank Nfp 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, Midwest Food Bank Nfp Inc generated $450.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $443.8m during the year ending 12/2021. While expenses have increased by 19.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ALLEVIATING HUNGER AND MALNUTRITION LOCALLY AND THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIDWEST FOOD BANK PROVIDES FOOD TO PARTNERING NON-PROFIT ORGANIZATIONS SUCH AS FOOD PANTRIES, SOUP KITCHENS, HOMELESS SHELTERS, CHURCHES, AND OTHER NON-PROFIT ORGANIZATIONS, FREE OF CHARGE, TO BE DISTRIBUTED IN THEIR COMMUNITIES.
MIDWEST FOOD BANK PARTNERS WITH OTHER DISASTER RELIEF NON-PROFIT ORGANIZATIONS TO PROVIDE FOOD AND SUPPLIES TO AREAS AFFECTED BY NATURAL DISASTER.
MIDWEST FOOD BANK PRODUCES AND DISTRIBUTES TENDER MERCIES MEALS WHICH IS A HIGH PROTEIN RICE AND BEAN MEAL FORTIFIED WITH ESSENTIAL VITAMINS.
OTHER PROGRAM SERVICES - HOPE PACKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Hodel CEO | Officer | 40 | $217,871 |
Jada Hoerr Cro | Officer | 40 | $130,206 |
David Kieser President | OfficerTrustee | 15 | $0 |
Dave Hodel Secretary/treasurer | OfficerTrustee | 10 | $0 |
Bill Leman Vice President | OfficerTrustee | 10 | $0 |
Dennis Mott Director | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $216,964 |
| All other contributions, gifts, grants, and similar amounts not included above | $448,870,203 |
| Noncash contributions included in lines 1a–1f | $434,716,840 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $449,087,167 |
| Total Program Service Revenue | $55,947 |
| Investment income | $133,477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,825 |
| Net Income from Fundraising Events | $566,661 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $449,997,097 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $19,080 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $382,447 |
| Compensation of current officers, directors, key employees. | $255,054 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,733,188 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $290,123 |
| Payroll taxes | $251,064 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $273,905 |
| Advertising and promotion | $104,590 |
| Office expenses | $0 |
| Information technology | $212,195 |
| Royalties | $0 |
| Occupancy | $1,066,740 |
| Travel | $72,011 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39,943 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,382,000 |
| Insurance | $281,871 |
| All other expenses | $259,825 |
| Total functional expenses | $443,775,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,626,973 |
| Savings and temporary cash investments | $391,839 |
| Pledges and grants receivable | $52,550 |
| 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 | $37,619,234 |
| Prepaid expenses and deferred charges | $177,960 |
| Net Land, buildings, and equipment | $13,928,773 |
| Investments—publicly traded securities | $3,880,575 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,677,904 |
| Accounts payable and accrued expenses | $273,364 |
| 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 | $936,706 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,210,070 |
| Net assets without donor restrictions | $64,853,401 |
| Net assets with donor restrictions | $614,433 |
| 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 | $66,677,904 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Midwest Food Bank Nfp Inc has recieved totaling $168,302.
| Awarding Organization | Amount |
|---|---|
Living Water Foundation Normal, IL PURPOSE: MIDWEST FOOD BANK IS A 501(C)(3) THAT IS COMMITTED TO ALLEVIATING HUNGER AND PROVIDING RELIEF FROM DISASTER. | $54,000 |
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $35,652 |
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $30,848 |
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $21,525 |
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $16,848 |
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $9,429 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Network Of Child Care Resource And Referral Agencies Bloomington, IL | $6,781,928 | $519,478,049 |
Midwest Food Bank Nfp Inc Normal, IL | $66,677,904 | $449,997,097 |
Presbyterian Homes Skokie, IL | $460,360,428 | $88,918,255 |
Corporate America Family Credit Elgin, IL | $809,180,688 | $33,061,096 |
Renaissance Social Services Inc Chicago, IL | $2,138,317 | $6,632,596 |
National Council Of The United States Society Of St Vincent De Pa Maryland Heights, MO | $13,687,159 | $9,469,574 |
Hamdard Center For Health And Human Services Nfp Addison, IL | $4,418,541 | $7,412,868 |
Community Memorial Foundation Hinsdale, IL | $100,177,205 | $2,649,104 |
Korean-American Senior Center Inc Chicago, IL | $3,306,753 | $5,703,474 |
Make-A-Wish Foundation Of Missouri And Kansas Ballwin, MO | $7,006,477 | $5,966,300 |
Nurses For Newborns Maplewood, MO | $4,515,132 | $4,457,590 |
On My Own Inc Nevada, MO | $3,816,358 | $3,622,772 |