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Grace Network Of Martinsville & Henry Co

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203111703 ✦ Martinsville, VA ✦ Designated as a 501(c)(3)

Overview

What is Grace Network Of Martinsville & Henry Co?

Grace Network of Martinsville & Henry Co is a nonprofit organization situated in Martinsville, Virginia. Its primary mission is to aid the underprivileged residents of the area by providing essential life resources and referrals. The organization serves as a one-stop center, offering assistance with vital needs such as rent, utilities, mortgages, prescriptions, and home weatherization. Grace Network's dedicated team of volunteers works tirelessly to strengthen their community, having assisted 1,199 clients in need and spending a total of $212,499 on direct payments for utilities and other necessities. In 2021, the total program expenditure was $285,093. With a small team of only two employees, the nonprofit continues to make a significant impact in the lives of its local community members.


Official website here: www.gracenetworkmhc.org

Is Grace Network Of Martinsville & Henry Co legitimate?

Grace Network Of Martinsville & Henry Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Network Of Martinsville & Henry Co submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $72,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gracenetworkmhc.org

What is the mission statement of Grace Network Of Martinsville & Henry Co?

Grace Network, as a first-stop center, aims to assist underprivileged individuals by providing essential life needs and referrals. The organization operates with the help of compassionate volunteers, working towards strengthening their community. At this center, financial aid is directly provided to service providers for paying rent, utilities, mortgages, prescriptions, and home weatherization. In the recent year, 2,886 individuals sought assistance, and 1,199 of them received aid, amounting to $212,499. The total expenditure for the program was $285,093.


Official website here: www.gracenetworkmhc.org

Who is the CEO of Grace Network Of Martinsville & Henry Co?

Mary Nester is the Member of Grace Network Of Martinsville & Henry Co.


Official website here: www.gracenetworkmhc.org

What is the revenue of Grace Network Of Martinsville & Henry Co?

Grace Network Of Martinsville & Henry Co's revenue in 2023 was $590,877.


Official website here: www.gracenetworkmhc.org

Who are the executives of Grace Network Of Martinsville & Henry Co and what are their salaries?

The average compensation at Grace Network Of Martinsville & Henry Co during 2023 was $36,352. There are 2 employees and 455 volunteers at Grace Network Of Martinsville & Henry Co.

Here are 15 key members and their salaries:

    Larissa Rash (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Brown (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frances Tucker (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Knight (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Nester (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brenda Turner (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Menefee (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Staples (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Dorr (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Joyce (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gene Teague (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lillian Holland (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jake Arnold (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Curry (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Reaghard (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gracenetworkmhc.org

    Where can I find the form 990 for Grace Network Of Martinsville & Henry Co?

    The Grace Network Of Martinsville & Henry Co’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.gracenetworkmhc.org

    Learn more at the official website: www.gracenetworkmhc.org

    Mission Statement of Grace Network Of Martinsville & Henry Co

    Grace Network, a first-stop center of resources, plays a significant role in assisting the underprivileged residents of its community. Its mission is to provide essential life needs and referrals to these individuals, with the ultimate goal of building a stronger community. Volunteers, who are compassionate and dedicated, are at the heart of Grace Network's operations. They offer their services by directly paying for necessities such as rent, utilities, mortgages, prescriptions, and home weatherization. In the past year, the organization has assisted 2,886 clients, with 1,199 of them receiving financial aid worth $212,499. The total expenses for the program, which includes these direct payments and other operational costs, amounted to $285,093. Overall, Grace Network serves as a crucial resource for the underprivileged, offering them the support they need to navigate through challenging times and contribute to a stronger, more resilient community.

    Impact

    This information is meant to be a general summary of Grace Network Of Martinsville & Henry Co. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Grace Network Of Martinsville & Henry Co directly impacts the community by providing essential assistance to the underprivileged residents of Martinsville and Henry County. Through their services, they have supported 1,199 individuals with a total of $212,499 in assistance for expenses such as rent, utilities, mortgages, prescriptions, and home weatherization. This assistance has helped improve the quality of life for those in need and has contributed to building a stronger community. The organization serves as a vital resource for those facing financial challenges, offering a lifeline of support and hope to those most vulnerable in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,097
  • Program Service Revenue: $0
  • Gross Receipts: $631,861

    • Assets and Liabilities:
  • Total Assets: $827,529
  • Total Liabilities: $101,328
  • Net Assets: $726,201
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Mary Nester

    Main Address

    P O Box 3902, Martinsville, VA, 241153902

    NTEE Category

    Code: P80 - Human services

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