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Illinois So Foundation

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

EIN: 260138534 ✦ Normal, IL ✦ Designated as a 501(c)(3)

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Overview

What is Illinois So Foundation?

The Illinois So Foundation is a nonprofit organization established to support Special Olympics Illinois. Based in Normal, Illinois, the foundation utilizes its resources to aid athlete families participating in significant events, such as the 2022 Special Olympics USA Games held in Orlando, Florida. Funds for these endeavors are sourced from a designated account under the guidance of the account owner. As an Illinois nonprofit corporation, the Illinois S.O. Foundation is dedicated to offering various Olympic-style sports opportunities for individuals with intellectual disabilities, contributing to their overall well-being and development.


Official website here: www.soill.org/ilso-foundation

Is Illinois So Foundation legitimate?

Illinois So Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois So 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.soill.org/ilso-foundation

What is the mission statement of Illinois So Foundation?

The Illinois So Foundation was established with the purpose of supporting Special Olympics Illinois. As an affiliate of Special Olympics Illinois, Inc., its mission is to aid in providing a range of Olympic-style sports opportunities for individuals with intellectual disabilities. In 2022, the foundation utilized its grants to assist athlete families in attending the Special Olympics USA Games held in Orlando, Florida. The allocation of these funds was directed by the fund account owner from a designated restricted fund.


Official website here: www.soill.org/ilso-foundation

Who is the CEO of Illinois So Foundation?

Stephen Bergman is the Chair of Illinois So Foundation. The CEO's salary of Illinois So Foundation is $0 and their total compensation is $0.


Official website here: www.soill.org/ilso-foundation

What is the revenue of Illinois So Foundation?

Illinois So Foundation's revenue in 2022 was $1,210,156.


Official website here: www.soill.org/ilso-foundation

Who are the executives of Illinois So Foundation and what are their salaries?

There 21 volunteers at Illinois So Foundation.


Here are 21 key members and their salaries (Illinois So Foundation's CEO's salary is $0 and their total compensation is $0):


Stephen Bergman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Shane (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Schell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Rafferty (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Gereau (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Schmadeke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Carlson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brook Klawitter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Duffy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Lange (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hub Arkush (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mcclusky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Gustafson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Anne Ehlert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Flott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Parisi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Menjinder Bhambra (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Dimeo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Breen (President & Ceo, Soill)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaylee Mclaughlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.soill.org/ilso-foundation

Where can I find the form 990 for Illinois So Foundation?

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


Official website here: www.soill.org/ilso-foundation

Learn more at the official website: www.soill.org/ilso-foundation

Mission Statement of Illinois So Foundation

The Illinois So Foundation, established by Special Olympics Illinois, Inc., is a nonprofit corporation with a mission to support the organization's endeavors. Its primary objective is to provide a range of Olympic-style sports opportunities for individuals with intellectual disabilities. By offering these sports, the foundation aims to foster inclusivity and empowerment, enabling these individuals to participate in and benefit from athletic activities just like their able-bodied peers.

In pursuit of this mission, the Illinois So Foundation has shown its commitment by providing financial assistance. For instance, in 2022, it allocated grant funds to help families of athletes attend the 2022 Special Olympics USA Games held in Orlando, Florida. This demonstrates the foundation's dedication to ensuring that individuals with intellectual disabilities have the same opportunities as others to participate in and enjoy the joy and camaraderie of sports competitions.

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Impact




October, 2024

Illinois So Foundation plays a vital role in enhancing the lives of athletes with intellectual disabilities. By providing financial support for families, the foundation helps ensure that athletes can participate in key events like the 2022 Special Olympics USA Games held in Orlando, Florida. The grant money allocated in 2022 specifically targeted assistance for athlete families, emphasizing the foundation's commitment to making sports accessible and enriching for participants. Through these efforts, Illinois So Foundation directly contributes to the growth and success of Special Olympics in Illinois, fostering a more inclusive community and celebrating the athletic achievements of individuals with intellectual disabilities.




This information is meant to be a general summary of Illinois So 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
$1,210,156 (2022)
Expenses
$45,473 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $88,417
  • Gross Receipts: $1,258,340

Assets and Liabilities:

  • Total Assets: $3,902,151
  • Total Liabilities: $1,668
  • Net Assets: $3,900,483

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Organization Details

Founding Year

2008

Principal Officer

Stephen Bergman

Main Address

605 E WILLOW STREET, NORMAL, IL, 61761

NTEE Category

Code: P11 - Human services

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