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Veap Inc

Volunteers Enlisted To Assist People

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

EIN: 416175999 ✦ Bloomington, MN ✦ Designated as a 501(c)(3)

Overview

What is Veap Inc?

Veap Inc, also known as Volunteers Enlisted to Assist People, is a nonprofit organization based in Bloomington, Minnesota. With a mission to create stronger, more hopeful communities, Veap focuses on providing access to healthy food and housing stability, along with supportive services. Their Food and Basic Needs Program is one of the largest in the state, distributing over 4.7 million pounds of food, including fresh fruits and vegetables, dairy, meats, and canned goods. The program includes an on-site food pantry, mobile food pantry, student food packs, food deliveries, and senior shuttle. Veap addresses transportation barriers and offers nutrition education through their state-of-the-art commercial and teaching kitchen. In 2022, they served 4,736 households, prepared 3,946 student food packs, and made 28,049 mobile pantry neighborhood visits. With a team of 30 employees, Veap's compassionate approach aims to empower communities in need.


Official website here: www.veap.org

Is Veap Inc legitimate?

Veap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veap 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: $249,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,347,918

For more financial information, click here


Official website here: www.veap.org

What is the mission statement of Veap Inc?

Veap Inc is a non-profit organization dedicated to strengthening communities by ensuring access to essential resources. Its mission is to create pathways towards more hopeful and resilient communities by providing healthy food and ensuring housing stability, along with supportive services. Through various programs, Veap offers food assistance, including an on-site food pantry, mobile pantry, student food packs, and food deliveries. The organization aims to address transportation barriers and distribute healthy food in underserved areas. With a significant food distribution in 2022, Veap provided for over 4,700 households and prepared student food packs for nearly 4,000 students. Their state-of-the-art kitchen serves as a platform for nutrition education and incubation for food start-ups.


Official website here: www.veap.org

Who is the CEO of Veap Inc?

Kari Thompson is the Ceo (September-December) of Veap Inc. The CEO's salary of Veap Inc is $40,000 and their total compensation is $40,000.


Official website here: www.veap.org

What is the revenue of Veap Inc?

Veap Inc's revenue in 2022 was $16,186,207.


Official website here: www.veap.org

Who are the executives of Veap Inc and what are their salaries?

The average compensation at Veap Inc during 2022 was $53,250. There are 30 employees and 1,962 volunteers at Veap Inc.

Here are 17 key members and their salaries (Veap Inc's CEO's salary is $40,000 and their total compensation is $40,000):

    Kari Thompson (Ceo (September-December))
  • Compensation: $124,768
  • Related: $0
  • Other: $4,146

    • Joe Mcdonald (Ceo (January-June))
  • Compensation: $72,784
  • Related: $0
  • Other: $7,875

    • Anne Marie Gavel (Interim Ceo (June-September), Director)
  • Compensation: $40,000
  • Related: $0
  • Other: $0

    • Ross Widmoyer (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Rebecca Johnson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Mccormick (Co-Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brianna Williamson (Co-Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Siedow (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tai Giwa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Moheban (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Oster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Rimstad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Jackline Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Mccormick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.veap.org

    Where can I find the form 990 for Veap Inc?

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


    Official website here: www.veap.org

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

    Mission Statement of Veap Inc

    Veap Inc, a 501(c)(3) non-profit organization, is dedicated to strengthening communities by providing access to essential resources, especially healthy food and housing stability. Through their mission, "Together, we create pathways to stronger, more hopeful, communities," Veap Inc strives to empower individuals and families in need.

    The Food and Basic Needs Program of Veap Inc is a vital aspect of their mission. This program offers various services aimed at addressing food insecurity, including an on-site food pantry, mobile food pantry, student food packs, food deliveries, senior shuttle, and transportation. Veap Inc's food pantry is one of the largest in the state, serving over 152,906 visits in 2022. Their distribution of food includes fresh fruits and vegetables, dairy, deli, culturally specific food choices, protein, meats, canned goods, and non-perishable items. Participants can visit the on-site or mobile pantry as needed, typically once or twice a month. Veap Inc also addresses transportation barriers by providing food deliveries for seniors and qualifying individuals.

    In addition to food assistance, Veap Inc offers a state-of-the-art commercial and teaching kitchen, which hosts nutrition education classes and serves as a business incubation site for start-up businesses producing food for market wholesale. Through these efforts, Veap Inc not only provides immediate relief but also creates opportunities for long-term sustainability and growth within the communities they serve.

    Impact

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




    Thursday, August 15, 2024

    Veap Inc's impact is vast and vital in creating pathways to stronger, more hopeful communities through access to healthy food, housing stability, and supportive services. The organization's Food and Basic Needs Program plays a crucial role in addressing food insecurity by providing access to fresh, healthy foods through various initiatives such as the on-site food pantry, mobile food pantry, student food packs, food deliveries, and nutrition education. In 2022 alone, Veap distributed over 4.7 million pounds of food, with 43% being fresh fruits and vegetables, impacting numerous households in need.

    Additionally, Veap tackles transportation barriers to healthy food access by offering food deliveries for seniors and qualifying individuals, ensuring that no one is left behind in accessing essential nutrition. The organization's mobile food pantry further extends its reach by providing healthy food options at designated sites in high-need areas within its service area. Through its state-of-the-art commercial and teaching kitchen, Veap not only provides nutrition education classes but also serves as a hub for start-up businesses producing food for market wholesale, fostering entrepreneurship and community empowerment.

    Overall, Veap Inc's commitment to addressing food insecurity and promoting access to healthy food choices contributes significantly to building resilient and thriving communities, making a tangible and lasting impact on the individuals and families it serves.





    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: $8,233
  • Program Service Revenue: $67,761
  • Gross Receipts: $16,257,859

    • Assets and Liabilities:
  • Total Assets: $7,922,083
  • Total Liabilities: $3,589,969
  • Net Assets: $4,332,114
  • Programs

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

    Contract Revenue

    Revenue

    $67,761

    Organization Details

    Founding Year

    1973

    Principal Officer

    Kari Thompson

    Main Address

    9600 Aldrich Ave S, Bloomington, MN, 55420

    NTEE Category

    Code: P02 - Human services

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