Overview
What is Castlewood Foundation Inc?
Castlewood Foundation Inc is a nonprofit organization situated in Chicago, Illinois. With a dedicated workforce of eight individuals, its primary mission is to support the activities carried out by the Roman Catholic Prelature of Opus Dei. These activities encompass religious worship, such as Holy Mass, spiritual guidance, retreats, theology classes, and the direction of apostolic activities. Additionally, the foundation extends services to the general public through the distribution of religious literature. The organization's focus is on fostering a spiritual community and providing resources for religious education and worship.
Official website here: www.castlewoodfdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Castlewood Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization's overall score of 58% reflects low performance in several key areas, particularly in board independence and transparency, as evidenced by 0% independent board members and missing financial statements.
Despite these shortcomings, Castlewood Foundation demonstrates a healthy program expense ratio of 75.90%, suggesting that a substantial majority of its resources are directed toward its programs. Additionally, the organization has a positive rating for its conflict of interest policy and has maintained a low liabilities to assets ratio, indicating sound financial management in that respect.
However, the lack of independent board members, missing whistleblower and document retention policies, and the absence of financial statements posted online raise critical concerns regarding governance and transparency. These factors can affect stakeholder trust and the overall efficacy of the organization in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Castlewood Foundation Inc legitimate?
Castlewood Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Castlewood Foundation 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: $116,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,381
For more financial information, click here
Official website here: www.castlewoodfdn.org
What is the mission statement of Castlewood Foundation Inc?
The Castlewood Foundation Inc supports various religious activities conducted by the Roman Catholic Prelature of Opus Dei. Their mission encompasses facilitating Holy Mass and other religious worship services, providing spiritual guidance, organizing retreats, offering theology classes, guiding apostolic activities, distributing religious literature, and extending services to the general public.
Official website here: www.castlewoodfdn.org
Who is the CEO of Castlewood Foundation Inc?
Gregory G Giebler is the Vice Preside of Castlewood Foundation Inc.
Official website here: www.castlewoodfdn.org
What is the revenue of Castlewood Foundation Inc?
Castlewood Foundation Inc's revenue in 2022 was $868,482.
Official website here: www.castlewoodfdn.org
Who are the executives of Castlewood Foundation Inc and what are their salaries?
The average compensation at Castlewood Foundation Inc during 2022 was $21,060. There are 8 employees and 10 volunteers at Castlewood Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $6,120
- Related: $0
- Other: $36,874
- Compensation: $6,120
- Related: $0
- Other: $34,714
- Compensation: $0
- Related: $6,120
- Other: $34,362
- Compensation: $4,590
- Related: $0
- Other: $27,681
Official website here: www.castlewoodfdn.org
Where can I find the form 990 for Castlewood Foundation Inc?
Castlewood Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.castlewoodfdn.org
Learn more at the official website: www.castlewoodfdn.org
Mission Statement of Castlewood Foundation Inc
Castlewood Foundation Inc is dedicated to supporting the activities conducted by the Roman Catholic Prelature of Opus Dei. Their mission encompasses various religious and spiritual endeavors, including Holy Mass and other religious worship services, spiritual guidance, retreats, theology classes, and the direction of apostolic activities. Furthermore, they distribute religious literature and offer their services to the general public. The foundation's role is instrumental in supporting these activities, allowing the Roman Catholic Prelature of Opus Dei to continue their religious and spiritual work.
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Impact
October, 2024
Castlewood Foundation Inc significantly enhances the spiritual and religious landscape by supporting a variety of activities facilitated by the Roman Catholic Prelature of Opus Dei. Its contributions include organizing Holy Mass and other forms of religious worship that foster community and individual faith practices.
The Foundation offers spiritual guidance and retreats, providing individuals an opportunity to deepen their religious experience and reflect on their faith. Moreover, it plays a vital role in education through theology classes, helping to disseminate religious knowledge and understanding within the community.
By directing apostolic activities, Castlewood Foundation Inc actively engages in outreach, fostering a sense of service and commitment among participants. The distribution of religious literature further supports this mission, ensuring that essential teachings and values are accessible to a wider audience. In essence, the Foundation profoundly impacts individuals and the community by promoting spiritual development, education, and active participation in religious life.
This information is meant to be a general summary of Castlewood Foundation 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.
- Investment Income: $3,500
- Program Service Revenue: $288,887
- Gross Receipts: $869,214
Assets and Liabilities:
- Total Assets: $940,084
- Total Liabilities: $2,124
- Net Assets: $937,960
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM & BOARD FEES
Revenue
$213,921
GENERAL TUITION & FEES
Revenue
$74,966
Organization Details
Founding Year
1984
Phone
(773) 283-5800Principal Officer
Gregory G Giebler
Main Address
5800 NORTH KEATING AVE, CHICAGO, IL, 60646
Website
www.castlewoodfdn.orgNTEE Category
Code: X22 - Religion related
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