Overview
What is Illinois Fiber Resources Group Nfp?
Illinois Fiber Resources Group Nfp is a nonprofit organization dedicated to improving digital connectivity in Illinois. By constructing and managing infrastructure, they ensure high-speed internet access for specific regions within the state, as well as for various governmental and non-profit entities. Their mission encompasses building, supporting, and maintaining a comprehensive 900-mile fiber optic and wireless network across nine counties in northwest Illinois. This organization's primary goal is to expand internet availability and provide high-speed services to these targeted sectors, enhancing their digital capabilities and facilitating efficient communication.
Official website here: www.ifiber.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Stars
Illinois Fiber Resources Group Nfp has received a strong rating of 88%, reflecting its strong accountability and financial management practices. The rating is primarily based on the charity's accountability and finance score, which shows that the organization is committed to maintaining transparency and effective governance. Notably, the organization boasts a fully independent board of directors, which strengthens its oversight and decision-making processes.
The organization demonstrates solid financial health, with a high program expense ratio of 90.28%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the charity has no reported material diversion of assets, showcasing its reliability in managing resources. However, there are some areas for improvement, such as the absence of a whistleblower policy and document retention protocols, which may be potential risks for governance.
Overall, while Illinois Fiber Resources Group Nfp shows commendable accountability and effective use of funds, addressing the noted policy gaps could further enhance its operational integrity and public trust. The organization is well-positioned to continue its mission with strong financial practices and an independent governance structure.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Illinois Fiber Resources Group Nfp?
100% of 6 reviewers on Facebook recommend Illinois Fiber Resources Group Nfp. Here is a summary of their reviews:
The sentiment towards this nonprofit is overwhelmingly positive, with users expressing strong appreciation for the organization as a place to work. The phrase "Excellent place to work!!” stands out, indicating that employees feel valued and supported within the organization.
Overall, the Illinois Fiber Resources Group Nfp appears to foster a positive work environment, contributing to high levels of satisfaction among its staff. This suggests that the nonprofit is effective in creating an engaging and rewarding atmosphere.
This AI summary has been generated from reviews found on Facebook.
Is Illinois Fiber Resources Group Nfp legitimate?
Illinois Fiber Resources Group Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Fiber Resources Group 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:
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For more financial information, click here
Official website here: www.ifiber.org
What is the mission statement of Illinois Fiber Resources Group Nfp?
Illinois Fiber Resources Group Nfp's mission is centered around constructing and maintaining infrastructure for high-speed internet access in specific regions within the state. This infrastructure is not only limited to private sectors but also extends to governmental and non-profit entities. The organization's primary goal is to establish, sustain, and manage a network that provides high-speed internet services to these designated areas. Additionally, Illinois Fiber Resources Group Nfp has developed a 900-mile fiber optic and wireless network in a nine-county area in northwest Illinois, further expanding its reach and commitment to enhancing digital connectivity.
Official website here: www.ifiber.org
Who is the CEO of Illinois Fiber Resources Group Nfp?
Matthew Parks is the Director/Treasurer of Illinois Fiber Resources Group Nfp.
Official website here: www.ifiber.org
What is the revenue of Illinois Fiber Resources Group Nfp?
Illinois Fiber Resources Group Nfp's revenue in 2022 was $2,811,224.
Official website here: www.ifiber.org
Who are the executives of Illinois Fiber Resources Group Nfp and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.ifiber.org
Where can I find the form 990 for Illinois Fiber Resources Group Nfp?
Illinois Fiber Resources Group Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ifiber.org
Learn more at the official website: www.ifiber.org
Mission Statement of Illinois Fiber Resources Group Nfp
Illinois Fiber Resources Group Nfp is dedicated to constructing and preserving infrastructure that facilitates high-speed internet access in specific regions within the state of Illinois. This nonprofit organization's primary objective is to establish, uphold, and maintain a 900-mile fiber optic and wireless network in a nine-county area, primarily located in the northwest part of the state. The aim of this infrastructure is to provide high-speed internet services not only to the general public but also to governmental entities and various non-profit organizations. By building and maintaining this network, Illinois Fiber Resources Group Nfp contributes significantly to bridging the digital divide and improving access to internet services in certain areas of Illinois.
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Impact
October, 2024
Illinois Fiber Resources Group plays a crucial role in enhancing high-speed internet access across underserved areas in Illinois, particularly in a nine-county region in the northwest part of the state. By establishing and maintaining a 900-mile fiber optic and wireless network, the organization significantly improves digital connectivity for both residents and local governmental and non-profit entities.
The impact of this initiative is substantial; it facilitates greater access to online resources, supports education and telehealth services, and fosters economic development by enabling businesses to operate more efficiently. Through its commitment to building and supporting vital infrastructure, Illinois Fiber Resources Group directly contributes to bridging the digital divide, offering communities the tools necessary to thrive in an increasingly connected world.
This information is meant to be a general summary of Illinois Fiber Resources Group 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $197
- Program Service Revenue: $2,811,027
- Gross Receipts: $2,811,224
Assets and Liabilities:
- Total Assets: $36,196,890
- Total Liabilities: $4,667,404
- Net Assets: $31,529,486
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FIBER REVENUE
Revenue
$2,499,035
LAST MILE
Revenue
$197,667
ISP REVENUE
Revenue
$146,982
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Organization Details
Founding Year
2011
Phone
(312) 805-9271Principal Officer
Matthew Parks
Main Address
PO BOX 755, SYCAMORE, IL, 60178
Website
www.ifiber.orgNTEE Category
Code: W50 - Public benefit
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