Overview
What is South Suburban Mayors & Managers Association?
The South Suburban Mayors & Managers Association is a nonprofit organization situated in East Hazel Crest, Illinois. Its primary focus is on economic development, serving as a crucial partner in the South Suburban Economic Growth Initiative. This initiative aims to stabilize and strengthen the South Suburbs, fostering equitable and inclusive economic growth for businesses and households. The association collaborates with various organizations to ensure the region and its people can reach their full economic potential. In addition to this, the association offers planning and economic development technical assistance to municipalities, assisting in addressing infrastructure, land use, blight, property tax reform, and other issues affecting land use and economic recovery. The association prioritizes development initiatives that focus on rebuilding communities and economies around transit, intermodal facilities, and manufacturing, while committing to preserving and improving the natural environment. The South Suburban Mayors & Managers Association also facilitates the applications and marketing for designated Enterprise Zones, such as Cal-Sag, Calumet Region, Lincoln & 394, and Will/Cook I-57 Zones, as well as numerous Opportunity Zones within the Southland. These designated zones are established to stimulate economic growth and neighborhood revitalization in economically depressed areas. The association continues to provide technical support to these zones. In summary, the South Suburban Mayors & Managers Association is dedicated to meeting the needs of municipalities in the area south of Chicago, Illinois, through pooling resources for joint purchasing, educational efforts, economic development, and various other issues common to all South Suburban municipalities.
Official website here: www.ssmma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The South Suburban Mayors & Managers Association has earned a solid Three-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With an overall score of 88%, the organization demonstrates robust financial management and transparency. Notably, the board comprises 100% independent members, indicating a commitment to governance principles.
Strengths include a high program expense ratio of 78.34%, suggesting that a significant portion of funds is directed towards its programs and services. The organization has also implemented effective oversight mechanisms, as evidenced by its strong scores in areas such as independent board size and material diversion of assets. However, there are some areas for improvement, particularly in the absence of a whistleblower policy and document retention guidelines, which could enhance its governance framework.
While the majority of financial practices are commendable, the lack of a tax form on the nonprofit's website and a whistleblower policy raises some concerns regarding transparency and stakeholder protection. Overall, the South Suburban Mayors & Managers Association shows promise in its operations but could further strengthen its governance practices to boost its accountability rating.
This AI summary has been generated from information found on Charity Navigator.
Is South Suburban Mayors & Managers Association legitimate?
South Suburban Mayors & Managers Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Suburban Mayors & Managers Association 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: $594,946
For more financial information, click here
Official website here: www.ssmma.org
What is the mission statement of South Suburban Mayors & Managers Association?
The South Suburban Mayors & Managers Association is committed to addressing the needs of municipalities in a specific region. This is achieved through pooling resources for joint purchasing, educational initiatives, economic development, and various other issues common to all municipalities. The organization plays a significant role in the South Suburban Economic Growth Initiative, a collaborative effort to stabilize and strengthen the region, promoting equitable and inclusive economic growth for businesses and households. They provide planning and economic development technical assistance to municipalities, supporting efforts to address infrastructure, land use, blight, property tax reform, and other issues affecting land use and economic recovery. The association prioritizes development initiatives that focus on rebuilding communities and economies around transit, intermodal facilities, and manufacturing, while preserving and improving the natural environment. Additionally, they facilitate applications and provide technical support for designated enterprise zones, aiming to stimulate economic growth and neighborhood revitalization in economically depressed areas.
Official website here: www.ssmma.org
Who is the CEO of South Suburban Mayors & Managers Association?
Robert Kolosh is the Co-Chairman of South Suburban Mayors & Managers Association.
Official website here: www.ssmma.org
What is the revenue of South Suburban Mayors & Managers Association?
South Suburban Mayors & Managers Association's revenue in 2022 was $1,437,893.
Official website here: www.ssmma.org
Who are the executives of South Suburban Mayors & Managers Association and what are their salaries?
The average compensation at South Suburban Mayors & Managers Association during 2022 was $49,579. There are 12 employees at South Suburban Mayors & Managers Association.
Here are 13 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ssmma.org
Where can I find the form 990 for South Suburban Mayors & Managers Association?
South Suburban Mayors & Managers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ssmma.org
Learn more at the official website: www.ssmma.org
Mission Statement of South Suburban Mayors & Managers Association
The South Suburban Mayors & Managers Association is committed to addressing the shared challenges faced by municipalities situated south of Chicago. They accomplish this by pooling resources for joint purchasing, educational initiatives, economic development, and tackling various issues common among these municipalities.
At the heart of their activities is economic development. The association plays a significant role in the South Suburban Economic Growth Initiative, a collaborative effort aimed at stabilizing and strengthening the south suburbs, fostering equitable and inclusive economic growth for businesses and households. They work alongside organizations such as Cook County, the Chicago Southland Economic Development Corporation, and the Southland Development Authority, among others, to ensure the region and its people can reach their economic potential.
The association provides planning and economic development technical assistance to municipalities, supporting efforts to address infrastructure, land use, blight, property tax reform, and other issues that impact land use and economic recovery. Their development initiatives often focus on revitalizing communities and economies around transit, intermodal facilities, and manufacturing, while preserving and improving the natural environment.
Furthermore, the association has facilitated applications and continues to provide technical support for designated enterprise zones such as Cal-Sag, Calumet Region, Lincoln & 394, and Will/Cook I-57 zones, as well as numerous opportunity zones within the southland. These zones were established to stimulate economic growth and neighborhood revitalization in economically depressed areas.
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
October, 2024
The South Suburban Mayors & Managers Association significantly enhances the capacity of municipalities south of Chicago by fostering collaboration and resource sharing. Through joint purchasing, educational initiatives, and economic development efforts, the Association addresses common challenges faced by these communities.
A key component of its impact lies in the South Suburban Economic Growth Initiative, aimed at stabilizing and strengthening the region’s economy. By partnering with various organizations, including Cook County and the Chicago Southland Economic Development Corporation, the Association plays a pivotal role in promoting inclusive economic growth for local businesses and households.
The support extends to providing technical assistance in planning and economic development, specifically targeting infrastructure, land use, and property tax reforms that are critical for recovery and revitalization. By prioritizing development around transit and intermodal facilities, as well as manufacturing, the Association not only works to rebuild local economies but also to ensure environmental sustainability.
Additionally, through initiatives like facilitating applications for enterprise zones and opportunity zones, the Association supports targeted strategies to boost economic growth in disadvantaged areas, paving the way for neighborhood revitalization. This collaborative approach serves to amplify the collective voice and needs of the south suburban municipalities, ultimately contributing to a more vibrant and economically dynamic region.
This information is meant to be a general summary of South Suburban Mayors & Managers Association. 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: $34,622
- Program Service Revenue: $187,532
- Gross Receipts: $1,454,519
Assets and Liabilities:
- Total Assets: $4,631,021
- Total Liabilities: $223,776
- Net Assets: $4,407,245
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.
EMPLOYEE ASSIST PROGRAM
Revenue
$88,581
MEETINGS & OTHER
Revenue
$85,619
SERVICE FEES
Revenue
$13,332
Organization Details
Founding Year
1978
Phone
(708) 922-4670Principal Officer
Robert Kolosh
Main Address
1904 W 174TH STREET, EAST HAZEL CREST, IL, 60429
Website
www.ssmma.orgNTEE Category
Code: S20 - Community improvement
If you are a representative of South Suburban Mayors & Managers Association 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.