Overview
What is Chicago Teachers Union Foundation Inc?
The Chicago Teachers Union Foundation Inc. is a nonprofit organization situated in Chicago, Illinois. Established under Section 501(c)(4) of the Internal Revenue Code, its primary mission is to support projects, programs, community organizations, and other non-profit entities that cater to the betterment of public schools, teachers, their dependents, and retired teachers in Chicago. This includes providing financial assistance for eligible elderly and retired Chicago Public School teachers. The foundation's charitable endeavors aim to enhance and assist the educational system, ultimately contributing to the welfare of the community.
Official website here: www.ctuf.org
Is Chicago Teachers Union Foundation Inc legitimate?
Chicago Teachers Union Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Chicago Teachers Union 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: $421,331
Professional Fundraising Fees: $0
Other Salaries and Wages: $547,110
For more financial information, click here
Official website here: www.ctuf.org
What is the mission statement of Chicago Teachers Union Foundation Inc?
The Chicago Teachers Union Foundation Inc., as per its mission statement, is organized for educational and social welfare purposes. Its civic and charitable purposes include supporting various projects, programs, community organizations, and not-for-profit organizations that aim to improve and assist public schools, teachers, and their dependents and retired teachers. The foundation provides financial assistance for eligible elderly and retired Chicago Public School teachers, contributing to their wellbeing. The foundation's activities are aligned with Section 501 (C)(4) of the Internal Revenue Code, focusing on improving and aiding public schools and teachers in need.
Official website here: www.ctuf.org
What is the revenue of Chicago Teachers Union Foundation Inc?
Chicago Teachers Union Foundation Inc's revenue in 2023 was $3,639,299.
Official website here: www.ctuf.org
Who are the executives of Chicago Teachers Union Foundation Inc and what are their salaries?
The average compensation at Chicago Teachers Union Foundation Inc during 2023 was $48,422. There are 20 employees at Chicago Teachers Union Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $140,800
- Other: $47,540
- Compensation: $0
- Related: $155,040
- Other: $40,300
- Compensation: $0
- Related: $155,040
- Other: $21,554
- Compensation: $0
- Related: $165,058
- Other: $41,706
- Compensation: $158,875
- Related: $0
- Other: $40,792
- Compensation: $105,062
- Related: $0
- Other: $23,353
- Compensation: $157,394
- Related: $0
- Other: $26,544
Official website here: www.ctuf.org
Where can I find the form 990 for Chicago Teachers Union Foundation Inc?
Chicago Teachers Union Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ctuf.org
Learn more at the official website: www.ctuf.org
Mission Statement of Chicago Teachers Union Foundation Inc
The Chicago Teachers Union Foundation Inc is dedicated to serving a noble cause, with its mission centered around supporting projects, programs, community organizations, and other not-for-profit entities that aim to enhance and assist public schools, teachers, and their dependents, as well as retired teachers. This organization strives to provide financial aid to eligible elderly and retired Chicago Public School teachers. Established with educational and social welfare purposes, according to Section 501 (C)(4) of the Internal Revenue Code, the Chicago Teachers Union Foundation Inc plays a crucial role in uplifting the educational sector by offering assistance to various organizations that strive to improve and support public schools, teachers, and their families.
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Impact
October, 2024
Chicago Teachers Union Foundation Inc plays a significant role in enhancing educational outcomes and support for teachers and their families. By funding various projects and programs, the foundation works to improve services within public schools. It lends financial assistance to eligible elderly and retired Chicago Public School teachers, ensuring a safety net for those who have dedicated their careers to education. This support extends beyond immediate financial relief; it bolsters community organizations and partnerships that foster a collaborative approach to educational improvement. Ultimately, the foundation's efforts contribute to a more robust educational environment, benefiting not just teachers but the entire community.
This information is meant to be a general summary of Chicago Teachers Union 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $336,421
- Program Service Revenue: $788,628
- Gross Receipts: $3,639,299
Assets and Liabilities:
- Total Assets: $44,201,658
- Total Liabilities: $1,759,784
- Net Assets: $42,441,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CPS INCOME - NTL
Revenue
$750,000
PD INCOME
Revenue
$32,418
DONATION INCOME
Revenue
$6,210
Organization Details
Founding Year
1969
Principal Officer
Stacy Davis Gates
Website
www.ctuf.orgNTEE Category
Code: B00 - Education
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