Overview
What is Margarets Village?
Margarets Village is a nonprofit organization situated in Chicago, Illinois, specifically at 7315 S YALE. Their primary mission is to offer comprehensive assistance to individuals who are clients of their organization, enabling them to locate and obtain necessary services and benefits. This assistance extends to Margarets Village's Believe Shelter, a transitional shelter accommodating up to 50 homeless women and their children. The shelter provides a safe environment, along with essential services such as counseling, nursing, basic education, and parenting classes. The nonprofit's workforce consists of 41 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)
Margaret's Village has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance, as well as culture and community aspects. The organization boasts an impressive 90% score in Accountability & Finance, with notable strengths in financial oversight, as evidenced by its perfect scores in areas such as independent board membership and the existence of robust policies. The organization effectively manages its resources, with a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its funds is directed towards its programs.
In terms of organizational culture, Margaret's Village has also excelled, receiving a perfect score of 100% in Culture & Community. This suggests a strong commitment to equity strategies and community engagement, highlighting the nonprofit’s focus on fostering an inclusive environment. The presence of independent board members and well-documented policies further reinforces its dedication to transparency and ethical governance practices.
While the data reflects a highly functional and responsible nonprofit, it is important for potential donors and supporters to consider the broader impact of Margaret's Village’s initiatives in the community. Continued engagement and evaluation of its programs will be essential to maintain this high level of performance and to address any emerging challenges in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Margarets Village legitimate?
Margarets Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margarets Village 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: $84,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,194,225
For more financial information, click here
What is the mission statement of Margarets Village?
Margarets Village is an organization committed to providing professional assistance to individuals who are its clients. Its mission is to help these individuals secure necessary services and benefits in various locations. The organization offers a 50-bed transitional shelter for homeless women and their children, providing essential services such as counseling, nursing, basic education, and parenting classes. The aim is to support and empower these individuals during their transition towards a more stable lifestyle.
Who is the CEO of Margarets Village?
Angela Hicks is the Executive Dir. of Margarets Village. The CEO's salary of Margarets Village is $0 and their total compensation is $0.
What is the revenue of Margarets Village?
Margarets Village's revenue in 2023 was $1,778,399.
Who are the executives of Margarets Village and what are their salaries?
The average compensation at Margarets Village during 2023 was $31,188. There are 41 employees at Margarets Village.
Here are 18 key members and their salaries (Margarets Village's CEO's salary is $0 and their total compensation is $0):
- Compensation: $84,472
- 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
- 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 Margarets Village?
Margarets Village's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Margarets Village
Margaret's Village, a nonprofit organization, is committed to providing professional assistance to individuals who are its clients. Its mission is to help these individuals secure necessary services and benefits in various locations. To achieve this, the organization offers a 50-bed transitional shelter for homeless women and their children. Besides the shelter, Margaret's Village offers counseling, nursing, and basic education services. Additionally, the organization conducts parenting classes to equip mothers with the necessary skills to raise their children effectively. By providing these services, Margaret's Village aims to support its clients in their journey towards self-sufficiency and improved living conditions.
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
Margaret's Village plays a crucial role in addressing homelessness and providing essential support services to vulnerable populations in Chicago. By operating a 50-bed transitional shelter, it offers a safe and secure environment for homeless women and their children, helping them regain stability and dignity during challenging times.
In addition to offering shelter, Margaret's Village provides a range of supportive services, including counseling and nursing. These services address the holistic needs of individuals, fostering mental and physical well-being. Furthermore, the organization offers basic education and parenting classes, equipping clients with valuable skills and knowledge to improve their circumstances and enhance their future opportunities.
Overall, Margaret's Village significantly impacts the community by providing critical resources and support, empowering individuals to transform their lives and break the cycle of homelessness. Its dedication to professional assistance ensures that clients can access necessary services and benefits, promoting long-term stability and self-sufficiency.
This information is meant to be a general summary of Margarets Village. 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 2023.
- Investment Income: $850
- Program Service Revenue: $134,683
- Gross Receipts: $1,778,399
Assets and Liabilities:
- Total Assets: $837,425
- Total Liabilities: $46,711
- Net Assets: $790,714
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.
OUTREACH
Revenue
$134,683
Organization Details
Founding Year
1980
Principal Officer
Angela Hicks
Main Address
7315 S YALE, CHICAGO, IL, 60621
NTEE Category
Code: X22Z - Religion related
If you are a representative of Margarets Village 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.