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Cms Foundation Inc

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

EIN: 204368059 ✦ Naperville, IL ✦ Designated as a 501(c)(3)

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Overview

What is Cms Foundation Inc?

Cms Foundation Inc, established in Illinois in 2006, is a not-for-profit organization with a mission to contribute to the public's well-being. Primarily, it raises funds for educational scholarships and various other charitable causes. The organization relies on contributions, grants, and special events as its primary sources of income. Located at 1848 Syracuse Road, Naperville, Illinois, Cms Foundation Inc is dedicated to making a positive impact in its community through its philanthropic endeavors.


Official website here: www.totalcms.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 75% - Three-Star out of Four Star rating

Cms Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored 75% overall, which is derived entirely from its Accountability & Finance score. This suggests a strong commitment to transparent operations and responsible management of resources.

One of the standout features of Cms Foundation Inc is its impressive program expense ratio of 97.67%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, the organization demonstrates strong financial practices with no material diversion of assets, a perfect liability to assets ratio, and no loans to or from officers, which reflects sound financial governance.

While the organization has performed well in terms of accountability and finance, the single-focus nature of its score means that other aspects of its operations, such as program effectiveness or community impact, are not assessed in this rating. Therefore, while the financial health appears strong, potential donors may want to seek additional insights into the organization's overall effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Cms Foundation Inc legitimate?

Cms Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cms Foundation 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.


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.totalcms.com

What is the mission statement of Cms Foundation Inc?

Cms Foundation Inc, established as a not-forprofit organization in Illinois in 2006, is dedicated to raising funds for educational scholarships and various charitable activities to benefit the public. The organization's primary sources of income come from contributions, grants, and special events. Cms Foundation Inc's mission is to utilize these funds to make a positive impact on public welfare by supporting educational opportunities and other charitable causes. The foundation aims to contribute to the betterment of society by providing financial assistance where it is needed most.


Official website here: www.totalcms.com

Who is the CEO of Cms Foundation Inc?

Kandi M Cockream is the Vice President of Cms Foundation Inc. The CEO's salary of Cms Foundation Inc is $0 and their total compensation is $0.


Official website here: www.totalcms.com

What is the revenue of Cms Foundation Inc?

Cms Foundation Inc's revenue in 2022 was $2,561,860.


Official website here: www.totalcms.com

Who are the executives of Cms Foundation Inc and what are their salaries?


Here are 3 key members and their salaries (Cms Foundation Inc's CEO's salary is $0 and their total compensation is $0):


John R Laubenstein (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kandi M Cockream (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Laubenstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.totalcms.com

Where can I find the form 990 for Cms Foundation Inc?

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


Official website here: www.totalcms.com

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

Mission Statement of Cms Foundation Inc

Cms Foundation Inc, established in 2006 under the Illinois state laws, operates as a not-for-profit organization. Its primary mission is to generate funds for educational scholarships and various charitable endeavors aimed at benefiting the public. The organization relies on contributions, grants, and proceeds from special events as its principal revenue sources. In essence, Cms Foundation Inc is dedicated to investing in the future by providing educational opportunities and contributing to charitable causes that positively impact society.

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Impact




October, 2024

CMS Foundation Inc has a significant impact through its dedication to raising funds for educational scholarships and various charitable activities that benefit the public. By organizing special events and securing contributions and grants, the foundation actively supports individuals and communities in need. This focus on education helps create opportunities for learners, fostering growth and development in a variety of fields.

Operating from Naperville, Illinois, CMS Foundation Inc's efforts extend beyond mere financial aid; they contribute to the broader goal of enhancing human services, improving the quality of life for many, and promoting social equity. With its establishment in 2006, the foundation has established a vital resource for those seeking educational advancement and assistance, thereby making a positive difference in the lives of countless individuals.




This information is meant to be a general summary of Cms Foundation Inc. 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
$2,561,860 (2022)
Expenses
$1,869,729 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,687
  • Gross Receipts: $2,760,126

Assets and Liabilities:

  • Total Assets: $1,573,458
  • Total Liabilities: $0
  • Net Assets: $1,573,458

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Organization Details

Founding Year

2006

Principal Officer

Kandi M Cockream

Main Address

1848 Syracuse Road, Naperville, IL, 60565

NTEE Category

Code: P24 - Human services

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