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Human Services : Food Banks, Food Pantries, and Food Distribution

Channel One Regional Food Bank

Helping feed people in need

four stars

92.05

131 35th Street, SE Rochester, MN 55904
tel: (507) 287-2350   Web Site
EIN: 41-1379713

Board Leadership
Susan Alqhuist
Board Chair

CEO
Virginia Merritt
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 92.05 four stars
  Financial 89.50 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Channel One Regional Food Bank helps feed people in need through an efficient system of collection and distribution of food and non-food items to non-profit organizations that serve low-income people. Channel One Regional Food Bank takes in millions of pounds of surplus food from the food industry. That food is then distributed through our network of member agencies, including food shelves, soup kitchens, group homes and shelters. This past year, the Channel One obtained 4.8 million pounds of food and distributed 4.6 million pounds through the hunger relief network that serves a 14 county service area in Southeast Minnesota and Western Wisconsin. Channel One is certified member of Feeding America, The Nation's Food Bank Network.

Channel One Regional Food Bank helps feed people in need through an efficient system of collection and distribution of food and non-food items to non-profit organizations that serve low-income people. Channel One Regional Food Bank takes in millions of pounds of surplus food from the food industry. That food is then distributed through our network of member agencies, including food shelves, soup kitchens, group homes and shelters. This past year, the Channel One obtained 4.8 million pounds of food and distributed 4.6 million pounds through the hunger relief network that serves a 14 county service area in Southeast Minnesota and Western Wisconsin. Channel One is certified member of Feeding America, The Nation's Food Bank Network.

Financial

three stars

89.50

Accountability & Transparency

four stars

96.00

This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
95.3%
  Administrative Expenses 2.6%
  Fundraising Expenses 1.9%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.30
  Program Expenses Growth 1.0%
  Liabilities to Assets 7.0%
All data for Financial Performance Metrics calculations was provided by Channel One Regional Food Bank on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Channel One Regional Food Bank on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Channel One Regional Food Bank (MN) 92.05 four stars
Food Finders Food Bank (IN) 92.93 four stars
The San Francisco-Marin Food Bank (CA) 91.06 four stars
Second Harvest Northern Lakes Food Bank (MN) 94.46 four stars
Community Table (CO) 92.29 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $14,227,479
   Federated Campaigns $126,207
   Membership Dues $0
   Fundraising Events $60,323
   Related Organizations $0
   Government Grants $330,287
Total Contributions $14,744,296
   Program Service Revenue $1,107,112
Total Primary Revenue $15,851,408
   Other Revenue $8,653
TOTAL REVENUE $15,860,061
   
EXPENSES  
   Program Expenses $15,175,472
   Administrative Expenses $415,507
   Fundraising Expenses $346,654
TOTAL FUNCTIONAL EXPENSES $15,937,633
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-77,572
   
Net Assets $5,494,668

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Food Distribution $14,286,097 94.1%
Commodity Supplemental Food Program $398,496 2.6%
Supplemental Food Shelf $379,655 2.5%

Ratings History
Channel One Regional Food Bank has received 9 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 07/01/2018 92.05 four stars
2016-06 08/01/2017 93.81 four stars
2015-06 08/01/2016 92.23 four stars
2014-06 06/01/2016 91.94 four stars
 
CN 2.0
2014-06 10/01/2015 92.82 four stars
2013-06 07/01/2014 94.23 four stars
2012-06 04/01/2013 93.42 four stars
2011-06 05/01/2012 96.48 four stars
2010-06 09/20/2011 96.45 four stars
 
CN 1.0
2010-06 05/01/2011 96.98 four stars
2009-06 07/01/2010 96.90 four stars
2008-06 05/01/2009 89.35 three stars
2007-06 04/01/2008 85.69 three stars
2006-06 03/01/2007 90.21 four stars
2005-06 05/01/2006 87.11 three stars
2004-06 05/01/2005 89.75 three stars
2003-06 04/01/2004 77.15 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 41-1379713
Name in IRS Master File CHANNEL ONE INC
NTEE Code K31
NTEE Classification Food Banks, Food Pantries
NTEE Type Food, Agriculture and Nutrition
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (121) Radio or television broadcasting
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1983
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$74,134 0.46% Linda Lovik Interim Executive Director
Other Salaries of Note
$100,391 0.62% Jennifer Woodford Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Channel One Regional Food Bank (MN) 92.05 four stars
Second Harvest Food Bank Santa Cruz County (CA) 92.74 four stars
Food Bank of Northern Nevada (NV) 89.93 three stars
Community Food Bank of Southern Arizona (AZ) 96.46 four stars
Table to Table (NJ) 98.23 four stars

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Charity Contact Info

Channel One Regional Food Bank
131 35th Street, SE
Rochester, MN 55904
tel: (507) 287-2350
fax: (507) 287-2351
EIN: 41-1379713

Visit Web Site

Board Leadership

Susan Alqhuist
Board Chair

CEO

Virginia Merritt
Executive Director

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