Overview
What is Chicago Bulls Charities?
Chicago Bulls Charities is a nonprofit organization situated in Chicago, Illinois, specifically at 1901 W Madison Street. Their primary mission is to better the lives of underprivileged Chicagoans by providing financial aid to various programs. These initiatives primarily focus on youth education, youth health and wellness, violence prevention, and support for military personnel and first responders. The organization strives to make a positive impact on the community by collaborating with local organizations in the Chicagoland area, with a special emphasis on initiatives that align with their core values.
Official website here: www.nba.com/bulls/community/chicagobullscharities
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Chicago Bulls Charities has received an 82% rating, achieving a Three-Star designation primarily based on its Accountability and Finance metrics. This rating indicates that the organization demonstrates a solid foundation in financial management and transparency, which is a significant factor for potential donors evaluating the charity's operational integrity.
Strengths of the organization include a high program expense ratio of 96.88%, indicating that the majority of funds are allocated directly to programs rather than administrative costs. Additionally, it has a perfect score in categories such as the absence of material diversion of assets and the presence of key governance policies, which further reinforces its commitment to accountability.
However, while the charity's financial health appears strong, potential supporters should consider that the rating is based solely on one beacon score. This could imply that other aspects of the organization, such as impact measurement and community engagement, were not evaluated as part of the scoring process, which may limit a comprehensive understanding of the charity's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Bulls Charities legitimate?
Chicago Bulls Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Bulls Charities 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: $0
For more financial information, click here
Official website here: www.nba.com/bulls/community/chicagobullscharities
What is the mission statement of Chicago Bulls Charities?
Chicago Bulls Charities, an organization dedicated to making a positive impact, assists community organizations in various areas. Their primary focus is on youth education, youth health and wellness, violence prevention, and supporting military and first responders. By providing financial assistance, they aim to enhance programs that benefit underserved individuals in these sectors. Their mission is to contribute to the betterment of the lives of those in need, striving to create a more supportive and nurturing environment for all.
Official website here: www.nba.com/bulls/community/chicagobullscharities
Who is the CEO of Chicago Bulls Charities?
Michael Reinsdorf is the Director of Chicago Bulls Charities.
Official website here: www.nba.com/bulls/community/chicagobullscharities
What is the revenue of Chicago Bulls Charities?
Chicago Bulls Charities's revenue in 2022 was $1,784,035.
Official website here: www.nba.com/bulls/community/chicagobullscharities
Who are the executives of Chicago Bulls Charities and what are their salaries?
There 321 volunteers at Chicago Bulls Charities.
Here are 6 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
Official website here: www.nba.com/bulls/community/chicagobullscharities
Where can I find the form 990 for Chicago Bulls Charities?
Chicago Bulls Charities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nba.com/bulls/community/chicagobullscharities
Learn more at the official website: www.nba.com/bulls/community/chicagobullscharities
Mission Statement of Chicago Bulls Charities
Chicago Bulls Charities, a renowned organization, is committed to making a significant impact on the lives of those in need within their community. Their mission is centered around providing financial assistance to various programs that focus on four key areas: youth education, youth health and wellness, violence prevention, and military and first responder support. By supporting these initiatives, Chicago Bulls Charities aims to uplift underserved Chicagoans, contributing to a more prosperous and safer community. The organization works closely with local community organizations, prioritizing those that align with their mission, to ensure their resources are used effectively and efficiently. By doing so, Chicago Bulls Charities plays a vital role in improving the lives of Chicagoans, particularly the city's youth, and supporting those who serve and protect their community.
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
Chicago Bulls Charities plays a crucial role in enriching the lives of underserved individuals in Chicago. By providing financial assistance to various community organizations, they directly support initiatives focused on youth education, health and wellness, and violence prevention. Their commitment extends to honoring military personnel and first responders, ensuring that those who serve the community are also recognized and assisted.
Through their targeted efforts, Chicago Bulls Charities impacts the well-being of countless Chicagoans, fostering a healthier and more educated youth population as well as promoting a safer environment for all. Their collaborative approach empowers local organizations, enabling them to amplify their impact and address pressing community needs effectively. Overall, Chicago Bulls Charities exemplifies a dedication to uplifting and supporting those in need across the Chicagoland area.
This information is meant to be a general summary of Chicago Bulls Charities. 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: $19,166
- Gross Receipts: $3,161,627
Assets and Liabilities:
- Total Assets: $4,418,527
- Total Liabilities: $967,708
- Net Assets: $3,450,819
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1987
Phone
(312) 455-4000Principal Officer
Michael Reinsdorf
Main Address
1901 W Madison Street, Chicago, IL, 60612
NTEE Category
Code: T70Z - Philanthropy
If you are a representative of Chicago Bulls Charities 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.