Southeast Missouri Food Bank
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Southeast Missouri Food Bank meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to
offer and distribute food and food stuffs of all kinds and
descriptions, including beverages, and to
distribute groceries and grocery products to the indigent and needy and
to do all actions necessary, suitable or proper for the accomplishment
of this benevolent purpose and to exercise any and all powers granted to
Missouri Not for Profit Corporations. The
mission of SMFB is to end hunger and leverage the power of food to
build a healthy community. We envision a community in which everyone
has access to sufficient nutritious food."
Year, State Incorporated:
1985, MO
Since the pandemic, SMFB provides hunger relief to approximately 85,000 individuals every month through innovative programs and services. At the core of services is the hunger relief network, which includes 145 member charitable agencies, serving the food insecure. The USDA Commodity Supplement Food Program provides nutritious foods to 5,350 senior citizens who live in low income households. The Emergency Food Assistance Program supplements the diets of income-eligible residents by providing them with emergency food and nutrition assistance at no cost. The Retail Store Donation Program partner secures nutritious food that is close-dated, slightly ripe, or too plentiful. Rapid distribution among member agencies and mobile pantries serves the hungry and avoids food waste. Farm to Food Bank engages a network of farms to provide clients with fresh, local produce. Truck to Table Mobile Food Pantry program employs refrigerated trucks to expand food assistance service hours and provide food after 5 PM on weekdays and on Saturdays so families that are considered part of the working poor can provide for themselves and their families. Distributions typically serve 200 or more families. BackPacks For Friday program meets the needs of hungry children and their families at times when other resources are not available, such as weekends and holiday vacations. SMFB addresses childhood hunger in our community by partnering with area school districts, volunteer organizations, and sponsors to create awareness and generate funds. The program serves more than 1,000 children identified as "at risk of food insecurity." A Better Childhood (ABC) Mobile Food Pantry helps alleviate child hunger in Southeast Missouri through the provision of food to children and their families at safe and familiar environments (such as schools, community centers, and churches) in the most impoverished counties. ABC serves more than 500 children and their families every month. Supplemental Nutritional Assistance Program (SNAP) seeks to make the application for food stamps benefits easier by reaching those in need where they are located. SMFB travels to partner agencies and mobile food pantries in 16 counties in an effort to reach those not yet served.
In 2018, Southeast Missouri Food Bank became the first food bank in the Nation with Energy Star designation by the Environmental Protection Agency.
For the year ended December 31, 2023, Southeast Missouri Food Bank's program expenses were:
| Agency Based Food Program | $21,642,888 |
| Mobile Food Program | $325,950 |
| School Based Food Program | $199,046 |
| Total Program Expenses | $22,167,884 |
Chief Executive
Joey Keys, President/CEO
Compensation*
$119,335
Chair of the Board
Mark Avery
Chair's Profession / Business Affiliation
Tyson Foods
Board Size
10
Paid Staff Size
22
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Southeast Missouri Food Bank's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Feeding America Commodities | $13,991,032 |
| USDA Commodities | $3,018,301 |
| CSFP Commodities | $2,598,247 |
| Other Private Grants | $1,273,403 |
| Donations | $1,091,907 |
| Temporary Assistance for Needy Families Grant | $970,867 |
| Shared Maintenance Fees | $637,062 |
| Unrealized Capital Gains | $479,512 |
| CSFP Grant | $418,562 |
| USDA Grants | $222,187 |
| Interest Income | $161,791 |
| Dividend Income | $114,476 |
| Realized Capital Gains | $76,215 |
| Miscellaneous | $16,760 |
| Registration Fees | $3,225 |
| Total Income | $25,073,547 |
Programs: 96% Fundraising: 2% Administrative: 2%
| Total Income | $25,073,547 |
| Total expenses: | $23,067,728 |
| Program expenses | $22,167,884 |
| Fundraising expenses | $457,673 |
| Administrative expenses | $442,171 |
| Other expenses | $0 |
| Income in Excess of Expenses | $2,005,819 |
| Beginning Net Assets | $17,305,892 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $19,311,711 |
| Total Liabilities | $151,536 |
| Total Assets | $19,463,247 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Eastern & Southwest Missouri & Southern Illinois