Overview
What is Ufcw Local 1546 Charity Fund?
Ufcw Local 1546 Charity Fund is a nonprofit organization situated in Chicago, Illinois. Its primary objective is to collect funds and distribute them to numerous esteemed charities. By raising funds and donating the proceeds, this charity aims to make a significant impact in various communities, contributing to various charitable causes. The specifics of the charities they support are not mentioned in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 70%)
The UFCW Local 1546 Charity Fund has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and financial transparency. While the organization scored well in aspects such as having a majority independent board and maintaining a strong program expense ratio, it fell short in several key governance policies and transparency measures.
Strengths include a 97.38% program expense ratio, demonstrating a commitment to using the majority of funds directly for their programs. Additionally, the organization has no reported material diversion of assets, which reflects positively on its financial integrity. However, the lack of a conflict of interest policy, whistleblower policy, and proper documentation of board meeting minutes points to significant governance gaps.
Limitations in transparency are highlighted by the absence of their website on tax forms and other essential documents, such as the tax form itself being missing from their website. To enhance trust and accountability, UFCW Local 1546 Charity Fund would benefit from addressing these governance and transparency issues.
This AI summary has been generated from information found on Charity Navigator.
Is Ufcw Local 1546 Charity Fund legitimate?
Ufcw Local 1546 Charity Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ufcw Local 1546 Charity Fund 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 Ufcw Local 1546 Charity Fund?
The Ufcw Local 1546 Charity Fund's mission is to raise funds and disseminate the proceeds to numerous respectable charitable organizations. This nonprofit organization aims to support various causes by collecting donations and distributing the funds to deserving charities. By contributing to these charities, the Ufcw Local 1546 Charity Fund aims to make a positive impact on various communities and individuals in need. The organization's activities are centered around fundraising events and initiatives, with the ultimate goal of providing financial assistance to charities that align with their mission.
Who is the CEO of Ufcw Local 1546 Charity Fund?
Robert O'Toole is the President of Ufcw Local 1546 Charity Fund.
What is the revenue of Ufcw Local 1546 Charity Fund?
Ufcw Local 1546 Charity Fund's revenue in 2022 was $55,459.
Who are the executives of Ufcw Local 1546 Charity Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ufcw Local 1546 Charity Fund?
Ufcw Local 1546 Charity Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ufcw Local 1546 Charity Fund
Ufcw Local 1546 Charity Fund is a charitable organization with a mission to collect funds and distribute them to a variety of esteemed charitable organizations. Its primary objective is to contribute to these charities with the proceeds raised. By doing so, Ufcw Local 1546 Charity Fund aims to make a positive impact on various communities and causes, demonstrating its commitment to philanthropy and social responsibility.
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Impact
August, 2024
Ufcw Local 1546 Charity Fund's impact is significant in supporting various reputable charities through its fundraising efforts. By raising funds and contributing the proceeds to organizations focused on medical research and other important causes, the charity fund plays a crucial role in making a positive difference in the community. Through their work, Ufcw Local 1546 Charity Fund helps to support important initiatives and projects that benefit those in need and contribute to the overall well-being of society.
This information is meant to be a general summary of Ufcw Local 1546 Charity Fund. 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.
- Gross Receipts: $108,916
Assets and Liabilities:
- Total Assets: $45,184
- Total Liabilities: $0
- Net Assets: $45,184
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Organization Details
Founding Year
2006
Phone
(312) 733-2999Principal Officer
Robert O'Toole
Main Address
1649 W ADAMS STREET, CHICAGO, IL, 60612
NTEE Category
Code: H123 - Medical research
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