Overview
What is Schwaben Verein Of Chicago?
Schwaben Verein Of Chicago is a nonprofit organization that focuses on making distributions to other charitable organizations, specifically those that dedicate some part of their efforts towards the preservation and enhancement of German culture. This mission-driven organization aims to support and promote German heritage, contributing to various initiatives within the United States and potentially beyond.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating, Score: 73%
The Schwaben Verein Of Chicago has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial management, there is room for improvement in other areas. Notably, the organization achieved a perfect score of 100% in the Accountability & Finance category, showcasing the strength of its governance and oversight practices.
The nonprofit features a fully independent board, scoring 10 out of 10 points in both the majority independent board members and independent board size categories. Additionally, it maintains a very favorable liabilities to assets ratio of 0.00%, reflecting its financial stability. The program expense ratio is also commendable at 84.57%, suggesting that a significant portion of its expenses are directed towards its mission-related activities.
However, the overall two-star rating implies that there are aspects of the organization that could be enhanced, particularly in areas that are not solely related to financial performance. Continued focus on operational effectiveness and transparency may help Schwaben Verein Of Chicago improve its standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Schwaben Verein Of Chicago legitimate?
Schwaben Verein Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schwaben Verein Of Chicago 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 Schwaben Verein Of Chicago?
Schwaben Verein Of Chicago's mission is centered around distributing funds to non-profit organizations that primarily focus on promoting and strengthening German culture. These organizations typically allocate some of their resources to this cause. By doing so, Schwaben Verein Of Chicago contributes to the preservation and cultivation of German traditions and values. The organization's mission is essentially to support and advance German culture through its financial contributions to eligible organizations.
Who is the CEO of Schwaben Verein Of Chicago?
George Boehm is the Treasurer of Schwaben Verein Of Chicago.
What is the revenue of Schwaben Verein Of Chicago?
Schwaben Verein Of Chicago's revenue in 2022 was $70,159.
Who are the executives of Schwaben Verein Of Chicago and what are their salaries?
Here are 5 key members and their salaries:
- 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
Where can I find the form 990 for Schwaben Verein Of Chicago?
Schwaben Verein Of Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Schwaben Verein Of Chicago
Schwaben Verein Of Chicago is an organization with a mission to distribute funds to nonprofit organizations that primarily focus on fostering and promoting German culture. By providing financial support, this entity aims to contribute to the efforts of these organizations, thereby helping in the preservation and advancement of German culture. The organization's mission is to make distributions to 501C3 organizations that allocate some of their resources towards this noble cause.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Schwaben Verein Of Chicago's impact lies in its support and advancement of German culture through its distributions to 501(c)(3) organizations dedicated to this cause. By providing financial assistance to such organizations, Schwaben Verein Of Chicago plays a crucial role in preserving and promoting German heritage, traditions, and arts within the community. This ongoing support helps these cultural organizations thrive and continue their valuable work in maintaining and sharing German cultural heritage with a wider audience.
This information is meant to be a general summary of Schwaben Verein Of Chicago. 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: $18,278
- Program Service Revenue: $26,027
- Gross Receipts: $70,159
Assets and Liabilities:
- Total Assets: $436,213
- Total Liabilities: $0
- Net Assets: $436,213
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CASINO NIGHT
Revenue
$26,027
Organization Details
Founding Year
1972
Phone
(847) 894-0052Principal Officer
George Boehm
Main Address
1220 W Groh Ct, Palatine, IL, 60067
NTEE Category
Code: A23 - Arts
If you are a representative of Schwaben Verein Of Chicago and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.