Food Bank Of The Albemarle

Organization Overview

Food Bank Of The Albemarle is located in Elizabeth City, NC. The organization was established in 1985. 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, Food Bank Of The Albemarle employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of The Albemarle 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, Food Bank Of The Albemarle generated $17.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $17.1m during the year ending 06/2022. While expenses have increased by 9.3% 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

TO FIGHT HUNGER AND POVERTY IN NORTHEASTERN NORTH CAROLINA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE INCEPTION IN 1982, THE FOOD BANK OF THE ALBEMARLE HAS DISTRIBUTED MORE THAN 107 MILLION POUNDS OF FOOD. THE FOOD BANK OF THE ALBEMARLE SERVES AS THE CENERAL FOOD SOURCING AND DISTRIBUTION CENTER TO MORE THAN 95 HUNGER RELIEF PARTNERS OPERATING 138 PROGRAMS PROVIDING FOOD ASSISTANCE BENEFIT TO THE HUNGRY IN 15 COUNTIES THROUGHOUT NORTHEASTERN NORTH CAROLINA. OUR REGION EMCOMPASSES MORE THAN 9,100 SQUARE MILES WITH MOST OF OUR COMMUNITIES IN RURAL UNDERSERVED LOCATIONS WITH HIGH FOOD INSECURITY. THEREFORE TO ENSURE THAT THOSE IN NEED RECEIVE FOOD, WE DELIVER TO THE MOST REMOTE LOCATIONS EVERY MONTH. THE COUNTIES THE FOOD BANK OF TH EALBEMARLE SERVES ARE: BERITE, BEAUFORT, CAMDEN, CHOWAN, CURRITUCK, DARE, GATES, HERTFORD, HYDE, MARTIN, NORTHAMPTON, PASQUOTANK, PERQUIMANS, TYRRELL AND WASHINGTON COUNTY. THESE DIVERSE COMMUNITIES ALSO HAVE DIVERSE NEEDS. THE COMMON ISSUE IS LACK OF AFFORDABLE HOUSING, LACK OF PUBLIC TRANSPORTATION AND STAGNANT WAGE GROWTH ARE PERVASIVE, RESULTING IN A GROWING NEED FOR FOOD FOR OVER 48,000 PEOPLE LIVING THROUGHOUT OUR REGION. IN NENC, 1 IN 6 PEOPLE AND 1 IN 4 CHILDREN LIVE WITH FOOD INSECURITY. FOOD DISTRIBUTION: IN RESPONSE TO A STAGGERING INCREASE IN THE NEED FOR EMERGENCY FOOD ASSISTANCE DUE TO THE COVID PANDEMIC, IN FY 21/22, FOOD BANK OF THE ALBEMARLE HAD A RECORD BREAKING YEAR DISTRIBUTING 5,043,878 POUNDS OF DONATED FOOD EQUIVILENT TO 4.2 MILLION MEALS VALUED AT 1.92 PER POUND EQUAL TO 9,684,246. THE VALUE IS DETERMINED ANNUALLY BY FEEDING AMERICA, THE NATIONAL NETWORK OF FOOD BANKS. THIS UNPRESIDENTED YEAR MARKED ALL TIME HIGHS IN FOOD DISTRIBUTION EFFORTS. WITH GROWING NUMBERS OF HOUSEHOLDS TURNING TO FOOD BANK OF THE ALBEMARLE AND OUR HUNGER RELIEF PARTNERS, FOOD BANK OF THE ALBEMARLE WORKED TO STRETCH EVERY AVAILABLE RESOURCE TO SOURCE MORE FOOD, AND EXPAND ACCESS FOR FAMILIES LIVING IN RURAL AREAS WHERE LITTLE OR NO ACCESS TO EMERGENCY FOOD SUPPORT. FOOD BANK OF THE ALBEMARLE RECOGNIZES THAT NUTRITIOUS FOOD IS ESSENTIAL TO THE OVERALL HEALTH AND WELL BEING AND WORKS DILIGENTLY TO SOURCE NUTRITIONALLY DENSE FOOD THAT CAN BE DISTRIBUTED TO OUR HUNGER RELIEF PARTNERS. WE ARE FOCUSED ON PROVIDING FRESH FRUITS AND VEGETABLES, LEAN PROTEINS AND WHOLE GRAINS. FOOD BANK OF THE ALBEMARLE PARTNERS WITH OVER 95 HUNGER RELIEF PARTNERS TO DISTRIBUTE FOOD, INCLUDING FOOD PANTRIES, SHELTERS, COMMUNITY PROGRAMS, MOBILE DISTRIBUTIONS, CHURCH MINISTRIES OFFERING EMERGENCY FOOD ASSISTANCE FOR NENC RESIDENTS STRUGGLING WITH FOOD INSECURITY - INCLUDING CHILDREN, FAMILIES, SENIORS, VETERANS, DISABLED PERSONS AND WORKING POOR.


ALL OTHER ACCOMPLISHMENTS THE REMAINING ALLOCATION AND PROGRAM SERVICE EXPENSES WERE INCURRED TO DISTRIBUTE DONATED AND PURCHASED FOOD AND SUPPORT THE OPERATIONS OF THE FOOD BANK AND FOOD PANTRY.


USDA COMMODITY PROGRAM, THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP), ADMINISTERED BY THE FOOD BANK DISTRIBUTED 1,396,602 POUNDS OF TEFAP FOOD TO MORE THAN 5,000 HOUSEHOLDS EACH MONTH IN 14 COUNTIES IN NORTHEASTERN NORTH CAROLINA COMPRISED OF BERTIE, BEAUFORT, CAMDEN, CHOWAN, CURRITUCK, DARE, GATES, HERTFORD, HYDE, MARTIN, PASQUOTANK, PERQUIMANS, AND TYRRELL COUNTIES. THE USDA COMMODITY PROGRAM - COMMODITY SUPPLEMENTAL FOOD PROGRAM (CSFP) ADMINISTERED BY THE FOOD BANK DISTRIBUTED 940,431 POUNDS OF CSFP FOOD TO AN AVERAGE OF 2,700 SENIOR HOUSEHOLDS IN 14 COUNTIES IN NORTHEAST NORTH CAROLINA COMPRISED OF BERTIE, BEAUFORT, CAMDEN, CHOWAN, CURRITUCK, GATES, HERTFORD, MARTIN, NORTHHAMPTON, PASQUOTANK, PERQUIMANS, TYRRELL AND WASHINGTON.


THE FOOD BANK OF THE ALBEMARLE PURCHASED 765,308 POUNDS OF NUTRITIOUS FOOD, EQUIVALENT TO 637,757 MEALS FOR FAMILIES, SENIORS, AND VETERANS THAT DEPEND ON THE 155 HUNGER RELIEF PROGRAMS PROVIDING FOOD ASSISTANCE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Reasoner
Executive Di
$83,384
Galen Niederhauser
President
$0
Kayla Hall
Vice Preside
$0
Wanda Carter
Secretary
$0
Will Meiggs
Treasurer
$0
Debra Perkins
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,791,289
All other contributions, gifts, grants, and similar amounts not included above$10,960,559
Noncash contributions included in lines 1a–1f $11,860,123
Total Revenue from Contributions, Gifts, Grants & Similar$16,751,848
Total Program Service Revenue$489,729
Investment income -$255,995
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 $0
Miscellaneous Revenue$0
Total Revenue $16,985,582

Grants Awarded

Over the last fiscal year, Food Bank Of The Albemarle has awarded $175,094 in support to 9 organizations.

Grant RecipientAmount

FIRST BAPTIST CHURCH

|

|

$15,180

BEACH FOOD PANTRY

|

|

$15,180

GOOD SHEPHERD

|

|

$15,180

KINGDOM APOSTOLIC

|

|

$15,180

LOWER CURRITUCK

|

|

$15,180

OPEN DOOR PERQUIMANS

PURPOSE: PURCHASE EQUIPMENT

$9,750
View Grant Profile

Peer Organizations

Organization NameAssets
Harvest Hope Food Bank
Columbia, SC
$52,907,942
Foodbank Of Southeastern Virginia
Norfolk, VA
$46,085,772
Feeding Southwest Virginia
Salem, VA
$44,371,162
Second Harvest Food Bank Of East Tennessee
Maryville, TN
$40,937,339
Manna Food Bank
Asheville, NC
$36,666,910
Second Harvest Of South Georgia Inc
Valdosta, GA
$36,132,665
Chattanooga Area Food Bank Inc
Chattanooga, TN
$33,949,925
Golden Harvest Food Bank Inc
Augusta, GA
$42,603,313
Feed America First Of Tennessee
Murfreesboro, TN
$28,381,708
Second Harvest Food Bank Of Northeast Tennessee Inc
Kingsport, TN
$27,618,047
Feeding The Valley Inc
Columbus, GA
$26,953,500
Food Bank Of Northeast Georgia
Athens, GA
$23,249,969
Fredericksburg Regional Foodbank
Fredericksburg, VA
$21,705,762
Virginia Peninsula Foodbank
Hampton, VA
$19,403,587
Middle Georgia Community Food Bank Inc
Macon, GA
$18,727,629
Southern Crescent Resource Ministries Inc
Mcdonough, GA
$17,287,079
Food Bank Of The Albemarle
Elizabeth City, NC
$16,985,582
The Outreach Center
Morganton, NC
$14,499,667
Americas Second Harvest Of Coastal Georgia Inc
Savannah, GA
$43,034,695
Georgia Mountain Food Bank Inc
Gainesville, GA
$9,701,736
Northern Virginia Food Rescue
Manassas, VA
$8,986,800
Mrcharity Inc
Greenville, NC
$9,513,450
Federation Of Virginia Food Banks
Richmond, VA
$8,484,893
Arlington Food Assistance Center
Arlington, VA
$8,394,141
Btg Community Outreach Inc
Newnan, GA
$5,195,399

Create an account to unlock the data you need.

or