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Tnm Asset Management Organization Nfp

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

EIN: 262372668 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Tnm Asset Management Organization Nfp?

Tnm Asset Management Organization Nfp, based in Chicago, Illinois, is a nonprofit organization with a mission to support The Night Ministry, an organization that provides essential resources for individuals in need, such as healthcare, housing, employment, and education. Tnm Asset Management's role is to manage The Night Ministry's significant assets, ensuring their long-term sustainability and viability. This allows The Night Ministry to continue its vital work of connecting those in need with the resources they require to improve their lives. The organization effectively manages The Night Ministry's resources, thereby ensuring the continuity and effectiveness of its outreach, health, and homeless youth housing programs.

Is Tnm Asset Management Organization Nfp legitimate?

Tnm Asset Management Organization Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tnm Asset Management Organization Nfp 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

What is the mission statement of Tnm Asset Management Organization Nfp?

Tnm Asset Management Organization Nfp's mission is centered around supporting the Night Ministry's mission. This involves connecting individuals in need, specifically youth and adults, with essential resources such as healthcare, housing, employment, and education. The organization achieves this through its outreach, health, and homeless youth housing programs. Tnm Asset Management effectively manages the Night Ministry's significant assets to ensure their long-term sustainability and viability, thereby enabling these vital services to continue helping those in need.

Who is the CEO of Tnm Asset Management Organization Nfp?

Terri Sharpp is the Secretary/Treasurer of Tnm Asset Management Organization Nfp.

What is the revenue of Tnm Asset Management Organization Nfp?

Tnm Asset Management Organization Nfp's revenue in 2022 was $611,492.

Who are the executives of Tnm Asset Management Organization Nfp and what are their salaries?

There 6 volunteers at Tnm Asset Management Organization Nfp.


Here are 8 key members and their salaries:


Timothy Sherck (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Gordon Addington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Justus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Jeddeloh (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael V Borromeo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lessaris (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Sharpp (Executive Director)
  • Compensation: $0
  • Related: $13,999
  • Other: $14
Erin Ryan - Through Oct 21 (Executive Director)
  • Compensation: $0
  • Related: $113,154
  • Other: $22,889
Where can I find the form 990 for Tnm Asset Management Organization Nfp?

Tnm Asset Management Organization Nfp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tnm Asset Management Organization Nfp

Tnm Asset Management Organization Nfp is committed to supporting the Night Ministry's mission. This mission involves connecting individuals in need, including both youth and adults, with essential resources such as healthcare, housing, employment, and education. Tnm Asset Management Organization Nfp carries out this task through the Night Ministry's extensive outreach, health, and homeless youth housing programs. Their primary role is to effectively manage the Night Ministry's significant assets, ensuring their long-term sustainability and viability. This strategic management ensures that the Night Ministry's programs can continue to provide vital support to those in need, enabling them to access essential resources and improve their overall well-being.

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Impact




October, 2024

Tnm Asset Management Organization Nfp plays a crucial role in enhancing the well-being of vulnerable populations in Chicago by supporting essential services through effective asset management. By ensuring the long-term sustainability and viability of the Night Ministry's significant assets, it directly contributes to providing fundamental resources for healthcare, housing, employment, and education to youth and adults in need.

Through its targeted outreach, health programs, and homeless youth housing initiatives, the organization connects individuals facing hardships with vital support systems. This strategic management facilitates the continuity of services that are critical for those experiencing homelessness or struggling to meet basic needs, thus fostering greater community resilience and empowerment.

Ultimately, Tnm Asset Management Organization Nfp's impact extends beyond immediate assistance, as it helps create a more stable environment for underserved populations, promoting their access to necessary resources and opportunities for a better quality of life.




This information is meant to be a general summary of Tnm Asset Management Organization Nfp. 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
$611,492 (2022)
Expenses
$657,932 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $471,792
  • Gross Receipts: $611,492

Assets and Liabilities:

  • Total Assets: $2,946,432
  • Total Liabilities: $1,081
  • Net Assets: $2,945,351

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$471,792

Organization Details

Founding Year

2008

Principal Officer

Terri Sharpp

Main Address

1735 N ASHLAND AVENUE 2000, CHICAGO, IL, 60622

NTEE Category

Code: P118 - Human services

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