Neighborhood Cooperative Ministries Inc

Organization Overview

Neighborhood Cooperative Ministries Inc is located in Norcross, GA. The organization was established in 1989. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Neighborhood Cooperative Ministries Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Cooperative Ministries 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 12/2022, Neighborhood Cooperative Ministries Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MINISTRY IS A FAITH-BASED, NON-PROFIT ECUMENICAL MINISTRY DEDICATED TO PROVIDING EMERGENCY ASSISTANCE AND PROGRAMS TO CITIZENS OF NORCROSS, GA AND SURROUNDING AREAS.

Describe the Organization's Program Activity:

THE MINISTRY IS DEDICATED TO PROVIDING EMERGENCY ASSISTANCE TO FAMILIES BY PROVIDING FOOD, CLOTHING AND LIMITED FINANCIAL ASSISTANCE TO FAMILIES IN CRISIS. DURING THE YEAR ENDED 12/31/2022 THE MINISTRY SERVED 25,612 PEOPLE BY DISTRIBUTING 336,319 POUNDS OF FOOD AND 15,089 POUNDS OF CLOTHING AND 350 BOOK BAGS. IN ADDITION, 443 CHILDREN RECEIVED CHRISTMAS GIFTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$308,471
Related organizations$0
Government grants $341,338
All other contributions, gifts, grants, and similar amounts not included above$2,362,739
Noncash contributions included in lines 1a–1f $521,743
Total Revenue from Contributions, Gifts, Grants & Similar$3,012,548
Total Program Service Revenue$0
Investment income $16,332
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $74,506
Net Gain/Loss on Asset Sales -$9,661
Net Income from Fundraising Events -$38,618
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,091,107

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