Silohe Evangelical Church Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363266992 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Silohe Evangelical Church Inc?

Silohe Evangelical Church Inc, located in Chicago, Illinois, operates as a religious nonprofit organization with a focus on meeting the spiritual and emotional needs of its community. The organization's mission is centered around serving the community, providing a platform for individuals to fulfill their spiritual needs and find emotional support. The exact nature of their activities and programs is not specified in the provided information. However, it is clear that Silohe Evangelical Church Inc aims to contribute positively to its community through religious means.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 13% (Zero-Star out of Four Star rating)

Silohe Evangelical Church Inc has received a very low rating of 13% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The absence of independent board members raises questions about governance, and the organization scored zero on various key accountability metrics, including the lack of a conflict of interest policy and a whistleblower policy.

Despite the lack of independent oversight, the organization does maintain documents for board meeting minutes, which is a positive aspect in terms of transparency. However, the missing website and failure to post essential tax documents online further highlight issues related to public accountability. The overall financial health is concerning, as indicated by the low program expense ratio and liabilities to assets ratio, suggesting potential inefficiencies in resource allocation.

In summary, Silohe Evangelical Church Inc faces significant challenges in governance and transparency according to Charity Navigator's assessments. The organization would benefit from implementing better financial practices and enhancing its accountability measures to improve its standing in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Silohe Evangelical Church Inc legitimate?

Silohe Evangelical Church Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silohe Evangelical Church 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: $26,400

For more financial information, click here

What is the mission statement of Silohe Evangelical Church Inc?

The Silohe Evangelical Church Inc, serving as a religious non-profit organization, is committed to meeting the spiritual and emotional needs of its community. Its mission encompasses providing a supportive environment where individuals can fulfill their spiritual needs and find emotional solace. The church aims to foster a sense of community and promote spiritual growth among its members. It serves as a beacon of hope and support, offering a space for individuals to connect, learn, and grow in their faith.

Who is the CEO of Silohe Evangelical Church Inc?

Nelson Vargas is the Treasurer of Silohe Evangelical Church Inc.

What is the revenue of Silohe Evangelical Church Inc?

Silohe Evangelical Church Inc's revenue in 2022 was $78,300.

Who are the executives of Silohe Evangelical Church Inc and what are their salaries?

There 6 volunteers at Silohe Evangelical Church Inc.


Here are 2 key members and their salaries:


Juan Torres (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson Vargas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Silohe Evangelical Church Inc?

Silohe Evangelical Church Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Silohe Evangelical Church Inc

Silohe Evangelical Church Inc is a religious non-profit organization that serves its community by addressing both spiritual and emotional needs. Its mission is centered around fulfilling the requirements of its community members in a holistic manner, ensuring they are spiritually and emotionally nourished. By providing these essential services, Silohe Evangelical Church Inc seeks to make a meaningful impact on the lives of those it serves.

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Impact




August, 2024

Silohe Evangelical Church Inc in Chicago, IL, has a significant impact on the community by fulfilling spiritual and emotional needs. Through its religious nonprofit activities, the church serves as a beacon of hope, support, and guidance for individuals seeking solace, connection, and meaning in their lives. By providing a place of worship, community engagement, and spiritual teachings, Silohe Evangelical Church Inc plays a vital role in strengthening the fabric of the community and promoting spiritual well-being. Their mission to provide fulfilling spiritual and emotional support has a lasting impact on the lives of those they serve.




This information is meant to be a general summary of Silohe Evangelical Church 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.

Revenue
$78,300 (2022)
Expenses
$60,401 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $78,300

Assets and Liabilities:

  • Total Assets: $302,455
  • Total Liabilities: $0
  • Net Assets: $302,455

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Organization Details

Founding Year

1980

Principal Officer

Nelson Vargas

Main Address

5740 W GRAND AVE, Chicago, IL, 60630

NTEE Category

Code: X20 - Religion related

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