Overview
What is Chaddock?
Chaddock is a supportive nonprofit organization located in Quincy, Illinois, with the address 205 S 24th Street. Their mission is to facilitate an integrated system of programs and services for children and families, as well as the professionals who serve them. By providing administrative support to tax-exempt entities that directly offer services to children and families, Chaddock aims to reduce administrative costs for these entities. In return, these organizations pay management fees, which provide financial support to Chaddock. The Chaddock family of organizations strives to be a valuable resource and source of solutions for struggling children, families, and the professionals who support them. The organization employs a team of 352 individuals.
Official website here: www.chaddock.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Chaddock has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial management. This rating is particularly significant as it is derived entirely from their performance in the Accountability & Finance category, which reflects the organization's commitment to transparency and sound fiscal practices.
One of the organization's notable strengths is its governance structure, featuring a fully independent board with eight members, which enhances its accountability. Moreover, Chaddock demonstrates robust financial oversight, as evidenced by a high program expense ratio of 89.59%, ensuring that a significant portion of its resources is directed toward its programs. Their policies on conflict of interest, whistleblowing, and document retention are well-established, contributing to their overall governance quality.
However, while the financial metrics are strong, the organization may benefit from diversifying its performance metrics beyond just accountability and finance to gain a more comprehensive rating. The leadership salaries, while within a reasonable range, may raise questions for some stakeholders regarding compensation levels in relation to overall operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Chaddock legitimate?
Chaddock is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chaddock 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: $449,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,305,726
For more financial information, click here
Official website here: www.chaddock.org
What is the mission statement of Chaddock?
Chaddock is dedicated to serving as a valuable resource for struggling children and families, as well as the professionals who support them. Their mission is to position themselves as a provider of effective solutions within this community. The organization facilitates an integrated system of programs and services to cater to the needs of children, families, and the professionals working with them. By offering administrative support to tax-exempt entities that directly provide services to this demographic, Chaddock helps lower their administrative costs. These entities, in turn, pay management fees, which constitutes the financial support that Chaddock receives.
Official website here: www.chaddock.org
Who is the CEO of Chaddock?
Debbie Reed is the President/Ceo of Chaddock. The CEO's salary of Chaddock is $195,362 and their total compensation is $223,844.
Official website here: www.chaddock.org
What is the revenue of Chaddock?
Chaddock's revenue in 2022 was $15,390,482.
Official website here: www.chaddock.org
Who are the executives of Chaddock and what are their salaries?
The average compensation at Chaddock during 2022 was $33,394. There are 352 employees at Chaddock.
Here are 8 key members and their salaries (Chaddock's CEO's salary is $195,362 and their total compensation is $223,844):
- Compensation: $195,362
- Related: $0
- Other: $28,482
- Compensation: $133,215
- Related: $0
- Other: $44,306
- Compensation: $103,302
- Related: $0
- Other: $17,929
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chaddock.org
Where can I find the form 990 for Chaddock?
Chaddock's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chaddock.org
Learn more at the official website: www.chaddock.org
Mission Statement of Chaddock
Chaddock, a renowned organization, is dedicated to being a reliable resource for addressing the challenges faced by struggling children, families, and the professionals who support them. The organization's mission is geared towards establishing Chaddock as a trusted provider of solutions for these individuals and entities.
The Chaddock Family of Organizations aims to foster an integrated system of programs and services that cater to the needs of children, families, and the professionals who serve them. By offering administrative support to other tax-exempt organizations directly engaged in providing services to these groups, Chaddock helps reduce administrative costs for these entities. In turn, these organizations pay management fees, which serve as the primary source of financial support for Chaddock.
Chaddock's role extends beyond just financial support, as it facilitates the effective delivery of essential services that promote the well-being and development of children and families. The organization's commitment to this cause is unwavering, and its mission remains at the forefront of its operations as it continues to make a positive impact in the lives of those it serves.
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Impact
October, 2024
Chaddock's impact is centered on providing effective solutions and support for struggling children, families, and the professionals who serve them. By facilitating an integrated system of programs and services, Chaddock plays a vital role in enhancing the lives of those facing challenges. This includes offering administrative support to various entities that directly assist children and families, ultimately reducing their operational costs and allowing them to focus more resources on service delivery.
Located in Quincy, IL, Chaddock has positioned itself as a critical resource in the community, ensuring that a comprehensive network of support is available. The approach fosters collaboration among organizations, enabling them to share best practices and streamline operations. This not only improves service efficiency but also enhances the quality of care provided to children and families in need.
Through its ongoing efforts, Chaddock addresses the diverse needs of individuals and families, promoting resilience and positive outcomes. The organization's commitment to innovative solutions establishes it as a leader in human services, making a lasting impact on the lives it touches.
This information is meant to be a general summary of Chaddock. 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: $21
- Program Service Revenue: $15,338,435
- Gross Receipts: $15,390,482
Assets and Liabilities:
- Total Assets: $570,922
- Total Liabilities: $570,922
- Net Assets: $0
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Organization Details
Founding Year
2018
Phone
(217) 222-0034Principal Officer
Debbie Reed
Main Address
205 S 24th Street, Quincy, IL, 62301
Website
www.chaddock.orgNTEE Category
Code: P20 - Human services
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