Overview
What is Harborquest Inc?
Harborquest Inc, headquartered in Chicago, Illinois, is a nonprofit organization with a mission to combat urban poverty. They achieve this through their subsidiary, Civic Staffing LC3, an alternative temporary staffing agency. Disadvantaged workers are placed in light-industrial manufacturing and warehouse environments. Harborquest encourages these customer companies to hire these workers based on their temporary job performance, providing them with valuable work experience. By offering private sector job sampling, on-site coaching, and performance assessments, Harborquest aims to provide a better life opportunity for those marginalized from the mainstream economy, currently employing 429 individuals.
Official website here: www.harborquest.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Harborquest Inc has received a Three-Star rating with an overall score of 81%, reflecting solid performance in accountability and finance. The organization stands out with a program expense ratio of 99.88%, indicating that nearly all of its expenses are directed toward its programs rather than administrative costs. This strong financial discipline contributes to the charity's overall positive assessment.
The accountability measures in place are commendable, with full points awarded for key policies such as conflict of interest and whistleblower protections. Furthermore, the charity has demonstrated effective governance practices, evidenced by having minutes from board meetings documented and publicly accessible. The organization also ensures transparency by listing its website on tax forms.
Despite its strengths, some may consider the Three-Star rating as indicative of room for improvement, particularly in enhancing outreach and engagement strategies. While the charity excels in financial accountability, focusing on broader impact metrics could further elevate its standing within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Harborquest Inc legitimate?
Harborquest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harborquest Inc 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: $3,997,102
For more financial information, click here
Official website here: www.harborquest.com
What is the mission statement of Harborquest Inc?
Harborquest Inc's mission is centered around providing opportunities for a better life for individuals who have been excluded from the mainstream economy. Through its subsidiary, Civic Staffing LC3, the organization aims to utilize the power of the staffing industry to combat urban poverty. By placing disadvantaged workers in light-industrial manufacturing and warehouse environments, Harborquest encourages customer companies to consider these individuals for full-time employment based on their performance in temporary roles. Civic Staffing also offers private sector job sampling, on-site coaching, and performance assessments, thereby providing a platform for skill development and employment prospects.
Official website here: www.harborquest.com
Who is the CEO of Harborquest Inc?
Mark G Mulroe is the President of Harborquest Inc.
Official website here: www.harborquest.com
What is the revenue of Harborquest Inc?
Harborquest Inc's revenue in 2022 was $5,141,149.
Official website here: www.harborquest.com
Who are the executives of Harborquest Inc and what are their salaries?
The average compensation at Harborquest Inc during 2022 was $9,317. There are 429 employees at Harborquest Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $129,796
- Related: $0
- Other: $0
Official website here: www.harborquest.com
Where can I find the form 990 for Harborquest Inc?
Harborquest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.harborquest.com
Learn more at the official website: www.harborquest.com
Mission Statement of Harborquest Inc
Harborquest Inc, a nonprofit organization, is committed to providing a better life opportunity for individuals who have been excluded from the mainstream economy. This is accomplished through appropriate employment, serving as a bridge between disadvantaged workers and light-industrial manufacturing and warehouse environments. Harborquest's wholly-owned subsidiary, Civic Staffing, plays a crucial role in this mission. It leverages the power of the staffing industry to combat urban poverty by placing these workers in temporary jobs. These customer companies are encouraged to hire these workers based on their performance in these temporary roles and the on-the-job work experience they gain. This approach allows Harborquest to offer private sector job sampling, on-site coaching, and performance assessments, thereby empowering individuals to improve their livelihoods.
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Impact
October, 2024
Harborquest Inc significantly impacts the lives of individuals who are often excluded from the mainstream economy by providing them with employment opportunities that facilitate a pathway to a better life. Through its subsidiary, Civic Staffing LC3, the organization operates as an alternative temporary staffing agency dedicated to addressing urban poverty.
By placing disadvantaged workers in light-industrial manufacturing and warehouse settings, Harborquest empowers these individuals to gain valuable work experience and develop skills that enhance their employability. The emphasis on performance-based hiring means that workers have a chance to prove themselves in real job environments, increasing their likelihood of securing long-term employment.
Moreover, Civic Staffing's commitment to on-site coaching and performance assessments ensures that workers receive the support and guidance necessary to succeed. This approach not only helps individuals gain confidence and competence in their roles but also encourages customer companies to recognize and appreciate the potential of these workers. In essence, Harborquest Inc plays a crucial role in transforming lives and communities by creating meaningful job opportunities and fostering economic inclusion.
This information is meant to be a general summary of Harborquest Inc. 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.
- Program Service Revenue: $5,141,149
- Gross Receipts: $5,141,149
Assets and Liabilities:
- Total Assets: $641,071
- Total Liabilities: $262,382
- Net Assets: $378,689
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INC.-
Revenue
$5,141,149
Organization Details
Founding Year
1970
Phone
(312) 372-6707Principal Officer
Mark G Mulroe
Main Address
2750 W ROOSEVELT RD, CHICAGO, IL, 60608
Website
www.harborquest.comNTEE Category
Code: J200 - Employment
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