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Channel One Inc

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

EIN: 411379713 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

Overview

What is Channel One Inc?

Channel One Inc, located at 131 35th Street SE, Rochester, MN, 55904, is a nonprofit organization dedicated to strengthening food access and building healthy communities. They do this by providing food and non-food items to approximately 110 nonprofit 501(C)(3) agencies, which in turn feed people as part of their mission. These agencies serve around 183 programs in total. The food bank, a regional member of Feeding America, sources donated surplus and irregular food and non-food products, as well as government commodities and cooperatively purchased items. Channel One's activities include soliciting, warehousing, reworking/repackaging, and distributing these resources to those in need.


Official website here: www.helpfeedpeople.org

Is Channel One Inc legitimate?

Channel One Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Channel One Inc 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: $112,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,391,241

For more financial information, click here


Official website here: www.helpfeedpeople.org

What is the mission statement of Channel One Inc?

Channel One Inc focuses on enhancing food accessibility and fostering healthy communities. They accomplish this by partnering with approximately 110 nonprofit organizations, which are 501(C)(3) agencies. These agencies operate programs aimed at feeding people as part of their mission. Channel One Food Bank, a regional member of Feeding America, plays a crucial role in this endeavor. The food bank collects, warehouses, repackages, and distributes donated surplus and irregular food items, government commodities from the Emergency Food Assistance Program, and cooperatively purchased items to the partnering agencies. Through these efforts, Channel One Inc supports the food programs of these organizations, ultimately helping to improve food security and community well-being.


Official website here: www.helpfeedpeople.org

Who is the CEO of Channel One Inc?

Virginia Merritt is the Board Chair of Channel One Inc.


Official website here: www.helpfeedpeople.org

What is the revenue of Channel One Inc?

Channel One Inc's revenue in 2022 was $17,204,714.


Official website here: www.helpfeedpeople.org

Who are the executives of Channel One Inc and what are their salaries?

The average compensation at Channel One Inc during 2022 was $33,414. There are 45 employees and 991 volunteers at Channel One Inc.

Here are 23 key members and their salaries:

    Virginia Merritt (Executive Director)
  • Compensation: $106,438
  • Related: $0
  • Other: $1,620

    • Christopher Rock (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holden Lewis (Board Vice Chair/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Courtis (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angie Ames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Bergstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Decook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Dickison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Dunlap (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miguel Garate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roberto Magambo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Mulholland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Powers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamim Rajjo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Rosen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cyle Erie (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Evers (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryce Caldwell (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerad Faudi (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Olga Mutamba (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Ness (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Mark Niethamm (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.helpfeedpeople.org

    Where can I find the form 990 for Channel One Inc?

    The Channel One Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.helpfeedpeople.org

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

    Mission Statement of Channel One Inc

    Channel One Inc, a nonprofit organization, is dedicated to strengthening food access and building healthy communities. This mission is brought to life through the efforts of approximately 110 nonprofit 501(C)(3) agencies that Channel One Food Bank supports. The food bank is an integral part of Feeding America, the nation's food bank network. It plays a crucial role in providing food and non-food products to 183 programs operated by these agencies, which are part of their mission to serve people in need.

    Channel One Food Bank carries out its responsibilities by soliciting, warehousing, reworking/repackaging, and distributing donated surplus and irregular food and non-food product items, government commodities from the Emergency Food Assistance Program (TEFAP), and cooperatively purchased items. By doing so, it ensures that these essential resources reach those who require them most, thus contributing significantly to the health and well-being of the communities it serves. The organization's unwavering commitment to strengthening food access and building healthy communities is a testament to its unyielding dedication to making a difference in people's lives.

    Impact

    This information is meant to be a general summary of Channel One Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Channel One Inc's impact is significant in strengthening food access and building healthy communities. The organization operates Channel One Food Bank, providing food and non-food products to approximately 183 programs run by about 110 Channel One Inc 501(c)(3) agencies that serve people as part of their program services mission. As a regional member of Feeding America, the nation's food bank network, Channel One Food Bank plays a crucial role in soliciting, warehousing, reworking/repackaging, and distributing donated surplus and irregular food and non-food items, government commodities from the Emergency Food Assistance Program (TEFAP), and cooperatively purchased items. Through these efforts, Channel One Inc helps address food insecurity and fosters healthier communities.





    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 2022.

  • Investment Income: $-7,678
  • Program Service Revenue: $1,051,639
  • Gross Receipts: $17,625,834

    • Assets and Liabilities:
  • Total Assets: $9,565,800
  • Total Liabilities: $346,141
  • Net Assets: $9,219,659
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PURCHASE FOOD PROGRAM

    Revenue

    $787,040

    SHARED MAINTENANCE FEE

    Revenue

    $137,018

    DELIVERY CHARGE

    Revenue

    $127,581

    Organization Details

    Founding Year

    1980

    Principal Officer

    Virginia Merritt

    Main Address

    131 35TH STREET SE, ROCHESTER, MN, 55904

    NTEE Category

    Code: K310 - Food

    If you are a representative of Channel One Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.