Meals On Wheels Of The Monterey Peninsula Inc
- Assets
- $17.0m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 32
- Location
- Pacific Grove, CA
- Founding
- 04/1972
- Data as of
- 06/2023
- EIN
- 94-2157521
Organization Overview
Meals On Wheels Of The Monterey Peninsula Inc is located in Pacific Grove, CA. The organization was established in 1972. According to its NTEE Classification (K36) the organization is classified as: Meals on Wheels, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2023, Meals On Wheels Of The Monterey Peninsula Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meals On Wheels Of The Monterey Peninsula 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 06/2023, Meals On Wheels Of The Monterey Peninsula Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $4.1m during the year ending 06/2023. While expenses have increased by 11.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER SENIORS, DISABLED ADULTS, VETERANS, AND OTHER UNDER SERVED POPULATIONS TO REMAIN INDEPENDENT BY NOURISHING THEIR BODIES, MINDS, AND SPIRITS, AND DRIVE OUR HUNGER AND ISOLATION IN OUR REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEALS ON WHEELS OF THE MONTEREY PENINSULA (MOWMP) SERVES ALL AREAS OF THE MONTEREY PENINSULA AND SELECT AREAS IN THE SALINAS VALLEY AND THROUGHOUT BROADER MONTEREY COUNTY. OF ALL SENIORS SERVED, 81% ARE CONSIDERED EXTREMELY LOW TO LOW INCOME ACCORDING TO THE 2023 INCOME GUIDELINES BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. MOWMP SUBSIDIZES MORE THAN 91% OF THE COSTS OF MEALS, DELIVERY, AND OTHER SERVICES PROVIDED, REGARDLESS OF A SENIORS' ABILITY TO PAY. FURTHER SUBSIDIES ARE PROVIDED FOR SENIORS WHO ARE EXPERIENCING SEVERE FINANCIAL DIFFICULTIES. FOR FISCAL YEAR 2022-23, MOWMP SERVED OVER 1,100 HOMEBOUND SENIORS WITH 276,000 MEALS, DAILY SAFETY CHECKS AND FRIENDLY VISITS FROM MORE THAN 525 TRAINED VOLUNTEERS. MOWMP CLIENTS REPORT IMPROVED HEALTH, SECURITY, INDEPENDENCE, AND OVERALL WELLBEING. FOR MILLIONS OF AMERICANS, MEALS ON WHEELS PROGRAMS LIKE MOWMP ARE LITERALLY THE DIFFERENCE BETWEEN REMAINING IN THEIR OWN HOMES AND NEEDING TO RELOCATE TO A SKILLED CARE FACILITY. THE NUTRITIOUS MEALS, FRIENDLY VISITS, AND SAFETY CHECKS HELP CLIENTS COPE WITH THREE OF THE BIGGEST THREATS OF AGING: HUNGER, ISOLATION, AND LOSS OF INDEPENDENCE. RESEARCH PROVES THAT WHEN SENIORS HAVE ADEQUATE NUTRITIONAL AND SOCIAL SUPPORT, THEY GAIN A GREATER QUALITY OF LIFE, NEED FEWER HOSPITAL STAYS AND LIVE LONGER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Winge Executive Dir. | Officer | 40 | $163,062 |
Jacob Shafer Development Dir | 40 | $125,337 | |
Kay Smith Controller | Officer | 40 | $50,074 |
Rory Coetzee Director | Trustee | 2 | $0 |
Jackie Craghead Director | Trustee | 7 | $0 |
Kathleen Davi Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,850 |
| Fundraising events | $304,285 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,244,995 |
| Noncash contributions included in lines 1a–1f | $150,160 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,559,130 |
| Total Program Service Revenue | $1,590,651 |
| Investment income | $367,784 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,674 |
| Net Gain/Loss on Asset Sales | -$200,076 |
| Net Income from Fundraising Events | -$1,392 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,327,771 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $299,128 |
| Compensation of current officers, directors, key employees. | $98,712 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,316,077 |
| Pension plan accruals and contributions | $58,435 |
| Other employee benefits | $378,947 |
| Payroll taxes | $109,420 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,773 |
| Fees for services: Other | $13,995 |
| Advertising and promotion | $213,956 |
| Office expenses | $69,454 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $164,441 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,018 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $151,875 |
| Insurance | $28,833 |
| All other expenses | $59,651 |
| Total functional expenses | $4,071,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $536,622 |
| Savings and temporary cash investments | $771,856 |
| Pledges and grants receivable | $807,347 |
| Accounts receivable, net | $387,191 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $164,655 |
| Prepaid expenses and deferred charges | $61,096 |
| Net Land, buildings, and equipment | $1,503,211 |
| Investments—publicly traded securities | $12,053,705 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $730,610 |
| Total assets | $17,016,293 |
| Accounts payable and accrued expenses | $417,789 |
| Grants payable | $0 |
| Deferred revenue | $33,900 |
| 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 | $0 |
| Total liabilities | $451,689 |
| Net assets without donor restrictions | $15,749,644 |
| Net assets with donor restrictions | $814,960 |
| 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 | $17,016,293 |