Better Business Bureau Report for
South East Associated Ministries

Better Business Bureau Report issued July 2010
Better Business Bureau Report expires July 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: South East Associated Ministries
Address: 6500 Six Mile Lane, Suite A
  Louisville, KY 40218
Phone: 502-499-9350
Web Address:
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Better Business Bureau Comments

Year, State Incorporated: 1974, Kentucky
Affiliates: None
Stated Purpose: SEAM is an interfaith community through which local faith traditions relate to each other and foster the human growth and potential of residents within the area and the community at large.

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Evaluation Conclusions

               

South East Associated Ministries meets the 20 Standards for Charity Accountability.
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Programs

               

The Life Skills/Assistance Center provides the following services: financial assistance for rent, utilities, and medication; clothing; food; Meals on Wheels; Winterhelp; FEMA; Bloodmobiles; holiday assistance; back-to-school supplies; blood pressure screenings and information and referral services. SEAM also coordinates a community Thanksgiving Service annually.

For the fiscal year ended June 30, 2008, South East Associated Ministries's program expenses were:

  
Program services 319,981
Total Program Expenses: $319,981
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Governance

               

Chief Executive : Mary Beth Helton, Executive Director
Compensation*:

Chair of the Board: Martha Eastland
Chair's Profession / Business Affiliation: Representative from St. Bartholomew Catholic Church

Board Size: 48

Paid Staff Size: 3

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Fund Raising

               

Method(s) Used:


Fund raising costs were 2% of related contributions. (Related contributions, which totaled $345,571, are donations received as a result of fund raising activities.)
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Tax Status

               

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.
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Financial

               

The following information is based on South East Associated Ministries's unaudited financial statements for the fiscal year ended June 30, 2008.

Ending net assets as reported below include $453,251 in unrestricted net assets and $11,167 in temporarily restricted net assets.

Total assets as reported include $394,970 invested in buildings and equipment, net.



Source of Funds  
Grants 107,526
Contributions 106,206
Contributed food 101,049
Fund raising activities 30,790
Interest income 927
Total Income $346,498


chart



Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 2%  Administrative: 12% 

Total income   $346,498
  Program expenses $319,981
  Fund raising expenses 6,371
  Administrative expenses 42,542
 
Total expenses   $368,894
Expenses in Excess of Income   (22,396)
Beginning net assets   486,814
Ending net assets   464,418
Total liabilities   711
Total assets   $465,129


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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 BBB 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 Council of Better Business Bureaus, Inc.

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