Overview
What is Tri-County Opportunities Council?
Tri-County Opportunities Council is a nonprofit organization based in Rock Falls, Illinois, with a mission to prevent, alleviate, and ultimately eliminate poverty within their nine-county service area. They accomplish this by providing opportunities that support individuals, families, and communities in their quest for stability and self-sufficiency. The organization's primary focus is on energy assistance through the Low Income Home Energy Assistance Program (LIHEAP) and the Percentage of Income Payment Plan (PIPP). By helping households at or below 200% of the federal poverty guidelines with their home energy needs and maintaining energy bills, they ensure that families can stay within budget. Additionally, Tri-County Opportunities Council assists households with applications for water and wastewater bill assistance (LIHWAP), as well as supplemental funding from Ameren and Nicor Gas. The organization offers financial literacy and energy conservation tips and strives to make a significant impact on poverty within their community.
Official website here: www.tcochelps.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 89%, Three-Star out of Four Star rating.
Tri-County Opportunities Council has demonstrated strong accountability and financial practices, earning an impressive score of 89% in these areas. The organization features a fully independent board, with 36 members, and maintains rigorous oversight of its financial statements, ensuring transparency and ethical management of resources. Key policies such as conflict of interest, whistleblower protections, and document retention are well-documented, contributing to its commendable score in accountability.
One of the standout strengths of the organization is its high program expense ratio of 93.50%, indicating that a substantial portion of its budget is directed towards its programs rather than administrative costs. This focus on programmatic spending is a positive indicator of the organization's commitment to its mission. However, the liabilities to assets ratio of 64.31% suggests that the organization may have a higher level of liabilities compared to its assets, which could be a point of concern for potential donors assessing financial stability.
Overall, Tri-County Opportunities Council is recognized for its effective governance and dedication to its community impact. While it exhibits strong financial management practices, potential stakeholders may want to monitor the organization's liability situation as part of their evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Tri-County Opportunities Council legitimate?
Tri-County Opportunities Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-County Opportunities 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: $190,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,109,238
For more financial information, click here
Official website here: www.tcochelps.org
What is the mission statement of Tri-County Opportunities Council?
The Tri-County Opportunities Council is dedicated to combating poverty within their nine-county service area. They strive to identify the impact of poverty and collaborate with individuals, families, and communities to establish opportunities that promote stability and self-sufficiency. The organization offers various programs to assist households, including the Low Income Home Energy Assistance Program (LIHEAP) and the Percentage of Income Payment Plan (PIPP). These initiatives help households maintain their energy bills while adhering to budget plans with their utility companies. Additionally, the Tri-County Opportunities Council supports applicants with the Jo Carroll Neighbor-to-Neighbor Program and Ameren and Nicor Gas Supplemental Funding. Financial literacy and energy conservation tips are provided to clients during the application process. Another program, the Low Income Household Water Assistance Program (LIHWAP), offers assistance to households with water and wastewater bills.
Official website here: www.tcochelps.org
Who is the CEO of Tri-County Opportunities Council?
Jill Calkins is the Chairperson of Tri-County Opportunities Council. The CEO's salary of Tri-County Opportunities Council is $93,201 and their total compensation is $98,054.
Official website here: www.tcochelps.org
What is the revenue of Tri-County Opportunities Council?
Tri-County Opportunities Council's revenue in 2022 was $24,004,630.
Official website here: www.tcochelps.org
Who are the executives of Tri-County Opportunities Council and what are their salaries?
The average compensation at Tri-County Opportunities Council during 2022 was $27,319. There are 194 employees and 93 volunteers at Tri-County Opportunities Council.
Here are 38 key members and their salaries (Tri-County Opportunities Council's CEO's salary is $93,201 and their total compensation is $98,054):
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- Compensation: $93,201
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Official website here: www.tcochelps.org
Where can I find the form 990 for Tri-County Opportunities Council?
Tri-County Opportunities Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tcochelps.org
Learn more at the official website: www.tcochelps.org
Mission Statement of Tri-County Opportunities Council
Tri-County Opportunities Council, a dedicated organization, is committed to investigating the far-reaching impact of poverty within its nine-county service area. Working collaboratively with individuals, families, and communities, this council strives to provide opportunities that support movement toward stability and self-sufficiency.
In line with its mission, Tri-County Opportunities Council offers various programs aimed at alleviating poverty. One of its essential initiatives is the Low Income Home Energy Assistance Program (LIHEAP), which assists households at or below 200% of the Federal Poverty Guidelines with their home energy needs. The Percentage of Income Payment Plan (PIPP) enrollment was also set at or below 200% of the Federal Poverty Guidelines for re-certification. This program helps households maintain their energy bills while adhering to a budget plan with their utility company. Furthermore, the agency assists households with applications for the Jo Carroll Neighbor-to-Neighbor Program and with Ameren and Nicor Gas supplemental funding. Financial literacy and energy conservation tips are provided to clients at the time of application.
Another crucial program of Tri-County Opportunities Council is the Low Income Household Water Assistance Program (LIHWAP), which aids households at or below 200% of the Federal Poverty Guidelines with water and wastewater bills. By offering assistance in managing these essential bills, Tri-County Opportunities Council plays a significant role in ensuring that households can focus on their overall financial stability and eventual self-sufficiency.
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Impact
October, 2024
Tri-County Opportunities Council plays a vital role in combating poverty and improving living conditions for residents in its nine-county service area. By implementing programs like the Low-Income Home Energy Assistance Program (LIHEAP), it provides critical support to households earning at or below 200% of the federal poverty guidelines. This assistance ensures that vulnerable families can afford their home energy needs, helping to prevent crises caused by unaffordable utility bills.
Additionally, the Percentage of Income Payment Plan (PIPP) allows households to manage their energy expenses effectively while staying within a budget. The organization also aids families in accessing supplementary funding through initiatives such as the Jo Carroll Neighbor-to-Neighbor Program and Ameren and Nicor Gas support.
Beyond financial assistance, Tri-County Opportunities Council equips clients with essential financial literacy skills and energy conservation tips, empowering them to make informed choices about their resources. The Low-Income Household Water Assistance Program (LIHWAP) further extends support by assisting with water and wastewater bills for qualifying households, addressing a fundamental need for clean water access.
Through these varied services, Tri-County Opportunities Council not only alleviates immediate financial burdens but also fosters long-term stability and self-sufficiency, nurturing a healthier and more resilient community.
This information is meant to be a general summary of Tri-County Opportunities 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.
- Investment Income: $5,681
- Program Service Revenue: $192,278
- Gross Receipts: $24,026,944
Assets and Liabilities:
- Total Assets: $5,052,235
- Total Liabilities: $3,045,346
- Net Assets: $2,006,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING UNITS
Revenue
$123,373
PROGRAM INCOME
Revenue
$68,905
Organization Details
Founding Year
1965
Phone
(815) 625-7830Principal Officer
Jill Calkins
Main Address
405 EMMONS AVENUE, ROCK FALLS, IL, 61071
Website
www.tcochelps.orgNTEE Category
Code: S200 - Community improvement
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