Overview
What is Back Of The Yards Neighborhood Council?
Back of the Yards Neighborhood Council is a dedicated nonprofit organization located in Chicago, Illinois. With a team of 126 individuals, their mission is to serve both the residents and businesses within the Back of the Yards community. They provide essential services to senior citizens and handicapped individuals, including home repairs and improvements, as well as transportation assistance. In addition, the council offers business counseling, training, and professional development opportunities for small businesses in the area. This holistic approach aims to enhance the quality of life and promote growth within the Back of the Yards community.
Official website here: www.bync.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% - Four-Star out of Four Star rating from Charity Navigator.
Back Of The Yards Neighborhood Council has achieved an impressive 94% rating, reflecting strong accountability and financial practices. The organization has a fully independent board, which contributes positively to its governance structure. Its financial statements are well-audited, showcasing transparency in its operations.
The organization excels in its program expense ratio, with 86.48% of its budget directed toward its mission-driven programs. This indicates a commitment to maximizing the impact of donations received. Furthermore, the presence of robust policies, including conflict of interest and whistleblower protections, strengthens confidence in the council's governance.
While the council has a solid financial foundation, its liabilities to assets ratio of 52.42% suggests a moderate level of debt. This could be an area for ongoing monitoring, but overall, the nonprofit demonstrates a strong commitment to ethical practices and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Back Of The Yards Neighborhood Council legitimate?
Back Of The Yards Neighborhood Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Back Of The Yards Neighborhood Council 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: $982,706
For more financial information, click here
Official website here: www.bync.org
What is the mission statement of Back Of The Yards Neighborhood Council?
The Back of the Yards Neighborhood Council's mission is centered around serving both the residents and businesses within its community. Specifically, the council provides essential services to its residents, including home repairs and improvements, as well as transportation for handicapped and senior citizens. Additionally, the council offers business counseling, training, and professional development to small businesses in the area, aiming to support their growth and development. Overall, the council's mission is to enhance the quality of life and promote the success of its community members.
Official website here: www.bync.org
Who is the CEO of Back Of The Yards Neighborhood Council?
Craig Chico is the Chairman And Secretary of Back Of The Yards Neighborhood Council. The CEO's salary of Back Of The Yards Neighborhood Council is $195,136 and their total compensation is $195,136.
Official website here: www.bync.org
What is the revenue of Back Of The Yards Neighborhood Council?
Back Of The Yards Neighborhood Council's revenue in 2022 was $4,384,014.
Official website here: www.bync.org
Who are the executives of Back Of The Yards Neighborhood Council and what are their salaries?
The average compensation at Back Of The Yards Neighborhood Council during 2022 was $7,799. There are 126 employees at Back Of The Yards Neighborhood Council.
Here are 7 key members and their salaries (Back Of The Yards Neighborhood Council's CEO's salary is $195,136 and their total compensation is $195,136):
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- Compensation: $195,136
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Official website here: www.bync.org
Where can I find the form 990 for Back Of The Yards Neighborhood Council?
Back Of The Yards Neighborhood Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bync.org
Learn more at the official website: www.bync.org
Mission Statement of Back Of The Yards Neighborhood Council
The Back of the Yards Neighborhood Council is an organization committed to serving the residents and businesses within its community. Its primary mission revolves around providing essential services to enhance the quality of life for its residents. This includes offering home repairs and improvements, as well as transportation services tailored to the needs of handicapped and senior citizens in the Back of the Yards community.
Beyond home and transportation services, the council also extends its support to small businesses within the Back of the Yards community. It provides business counseling, training, and professional development, aiming to foster growth and success among these small enterprises. By doing so, the Back of the Yards Neighborhood Council contributes to the economic vitality of its community, ensuring a thriving environment for both residents and businesses alike.
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Impact
October, 2024
The Back Of The Yards Neighborhood Council significantly enhances the quality of life for residents and businesses in the Back of the Yards community. By offering essential services such as home repairs and improvements, the Council addresses the immediate needs of residents, ensuring their living environments are safe and comfortable.
Additionally, the organization provides transportation services specifically for senior citizens and individuals with disabilities, fostering inclusivity and accessibility within the neighborhood. This commitment helps to bridge mobility gaps, allowing these community members to access necessary resources and services.
Beyond residential support, the Council is dedicated to empowering small businesses through counseling, training, and professional development opportunities. This focus on business support not only aids in the growth of local enterprises but also strengthens the overall economic landscape of the Back of the Yards area.
In summary, the Back Of The Yards Neighborhood Council plays a crucial role in community improvement by enhancing residents' living conditions, ensuring accessibility for vulnerable populations, and fostering economic development.
This information is meant to be a general summary of Back Of The Yards Neighborhood Council. 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: $4,626,051
Assets and Liabilities:
- Total Assets: $5,746,003
- Total Liabilities: $3,428,970
- Net Assets: $2,317,033
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Organization Details
Founding Year
1939
Phone
(773) 247-5100Principal Officer
Craig Chico
Main Address
4555 S ASHLAND AVE, CHICAGO, IL, 60609
Website
www.bync.orgNTEE Category
Code: S20 - Community improvement
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