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Peoria Promise Foundation

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

EIN: 134353454 ✦ Peoria, IL ✦ Designated as a 501(c)(3)

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Overview

What is Peoria Promise Foundation?

The Peoria Promise Foundation is a nonprofit organization located in Peoria, Illinois. Their primary mission is to support qualified students in the Peoria area by providing financial aid in the form of tuition assistance. The foundation manages and distributes philanthropic gifts to cover tuition fees at Illinois Central College and related expenses. This assistance aims to make higher education more accessible for eligible students, contributing to the community's overall development and progress.


Official website here: www.peoriapromise.com

Is Peoria Promise Foundation legitimate?

Peoria Promise Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peoria Promise Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.peoriapromise.com

What is the mission statement of Peoria Promise Foundation?

The Peoria Promise Foundation's mission is centered around receiving and distributing philanthropic donations. These funds are utilized to provide financial assistance in covering tuition costs for qualified students who attend Illinois Central College. The organization's primary goal is to support the education of these students, thereby contributing to their academic journey. The Foundation also manages related promotional and administrative expenses associated with its operations.


Official website here: www.peoriapromise.com

Who is the CEO of Peoria Promise Foundation?

Rob Bell is the Chairman Of The Board of Peoria Promise Foundation.


Official website here: www.peoriapromise.com

What is the revenue of Peoria Promise Foundation?

Peoria Promise Foundation's revenue in 2022 was $343,784.


Official website here: www.peoriapromise.com

Who are the executives of Peoria Promise Foundation and what are their salaries?


Here are 17 key members and their salaries:


James Ardis (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane Alster (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul A Beiersdorf (Past Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Duncan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Gudat (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Bell (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Dillon (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Lamie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Larson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnitria Shaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Milburn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Ross (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Valerio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Sutter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.peoriapromise.com

Where can I find the form 990 for Peoria Promise Foundation?

Peoria Promise Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.peoriapromise.com

Learn more at the official website: www.peoriapromise.com

Mission Statement of Peoria Promise Foundation

The Peoria Promise Foundation, as a philanthropic organization, is dedicated to collecting and distributing charitable contributions. Its primary mission is to offer financial aid in the form of tuition payments for eligible students enrolled at Illinois Central College. By doing so, the foundation aims to make higher education more accessible to qualified individuals residing in the Peoria area. The organization's purpose is to alleviate some of the financial burdens associated with tuition, thereby enabling students to focus on their studies and pursue their academic goals.

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Impact




October, 2024

The Peoria Promise Foundation plays a crucial role in enhancing educational opportunities for qualified students in the Peoria area by providing financial assistance for tuition at Illinois Central College. This initiative helps to alleviate the financial burden that many students face, making higher education more accessible and enabling them to pursue their academic and career goals. By offering this support, the foundation directly contributes to the community's educational attainment and workforce development, ultimately fostering a more skilled and educated population. Additionally, the foundation's efforts promote local engagement and investment in education, inspiring other philanthropic contributions and reinforcing the importance of accessible higher education within the region.




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


Financials

This financial information is from Propublica.

Revenue
$343,784 (2022)
Expenses
$301,572 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,490
  • Gross Receipts: $385,130

Assets and Liabilities:

  • Total Assets: $555,552
  • Total Liabilities: $158,335
  • Net Assets: $397,217

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Organization Details

Founding Year

2007

Principal Officer

Rob Bell

Main Address

PO BOX 10226, PEORIA, IL, 616120226

NTEE Category

Code: B82 - Education

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