Overview
What is Friends Of The Chicago River?
Friends of the Chicago River is a nonprofit organization situated in Chicago, Illinois, specifically at 411 S Wells St 800. Their primary mission is to preserve and protect the Chicago River system, aiming to improve and safeguard it for various species, including humans, plants, and animals. They accomplish this goal through their education and outreach programs, such as the Chicago River Schools Network and the McCormick Bridgehouse & Chicago River Museum. These initiatives aim to foster awareness, engage the community, and instill a stewardship ethic towards the river. With a workforce of 17 dedicated individuals, Friends of the Chicago River continues to serve as a vital force in the conservation and revitalization of the Chicago River system.
Official website here: www.chicagoriver.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
Friends of the Chicago River holds a prestigious Four-Star out of Four Star rating from Charity Navigator, reflecting their strong commitment to transparency and accountability in financial management. With an impressive score of 94 in Accountability & Finance, the organization demonstrates a well-structured governance model, featuring a board that consists of 96% independent members and a solid audit and oversight system in place.
User feedback highlights the organization's effectiveness in education and community engagement regarding the Chicago River's ecosystem. Volunteers praise their organized activities, such as canoe trips, which foster public awareness and promote the river's health. Having operated for over 30 years, Friends of the Chicago River is recognized for its impactful efforts in enhancing the river's environment and community involvement.
While the organization shows strong financial ratios, including an 81.91% program expense ratio and a low fundraising efficiency cost of $0.14, it faces challenges in its liabilities to assets ratio, which sits at 39.17%. Overall, Friends of the Chicago River is seen as a reliable nonprofit making significant strides toward environmental stewardship and community education.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Friends Of The Chicago River legitimate?
Friends Of The Chicago River is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Chicago River 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: $259,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,026,696
For more financial information, click here
Official website here: www.chicagoriver.org
What is the mission statement of Friends Of The Chicago River?
The mission of Friends Of The Chicago River is centered around improving and safeguarding the Chicago River system. This organization aims to benefit both the human population and the natural ecosystem, including plants and animals. Their educational and outreach initiatives, such as the Chicago River Schools Network and the McCormick Bridgehouse & Chicago River Museum, are designed to foster awareness, engagement, and a stewardship mindset among the community.
Official website here: www.chicagoriver.org
What is the revenue of Friends Of The Chicago River?
Friends Of The Chicago River's revenue in 2024 was $1,913,974.
Official website here: www.chicagoriver.org
Who are the executives of Friends Of The Chicago River and what are their salaries?
The average compensation at Friends Of The Chicago River during 2024 was $53,584. There are 24 employees and 6000 volunteers at Friends Of The Chicago River.
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- Compensation: $194,178
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- Other: $24,293
Official website here: www.chicagoriver.org
Where can I find the form 990 for Friends Of The Chicago River?
Friends Of The Chicago River's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.chicagoriver.org
Learn more at the official website: www.chicagoriver.org
Mission Statement of Friends Of The Chicago River
Friends of the Chicago River, as an organization, is dedicated to the preservation and protection of the Chicago River system. Their mission is to enhance and safeguard this waterway for the benefit of various life forms, including humans, plants, and animals. To achieve this goal, Friends of the Chicago River implements education and outreach programs, such as the Chicago River Schools Network and the McCormick Bridgehouse & Chicago River Museum. These initiatives aim to foster awareness, encourage involvement, and instill a stewardship ethic among the community, promoting the overall well-being of the Chicago River system.
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Impact
October, 2024
Friends Of The Chicago River actively works to preserve and protect the Chicago River system, fostering a deep connection between the community and this vital natural resource. Through education and outreach programs, such as the Chicago River Schools Network and the McCormick Bridgehouse & Chicago River Museum, they promote awareness and encourage stewardship among residents and visitors alike. Their mission emphasizes the importance of improving and safeguarding the river for the benefit of people, plants, and animals, ultimately enhancing the ecological health and aesthetic value of Chicago's river system.
This information is meant to be a general summary of Friends Of The Chicago River. 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 2024.
- Investment Income: $15,512
- Program Service Revenue: $134,457
- Gross Receipts: $1,997,720
Assets and Liabilities:
- Total Assets: $1,960,790
- Total Liabilities: $68,617
- Net Assets: $1,892,173
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOUR, GUIDE AND RIVER
Revenue
$84,004
BRIDGEHOUSE ADMISSIONS
Revenue
$34,770
OTHER PROGRAM SERVICES
Revenue
$15,683
Organization Details
Founding Year
1988
Phone
(312) 939-0490Principal Officer
Margaret Frisbie
Main Address
121 W WACKER DR 1700, CHICAGO, IL, 60601
Website
www.chicagoriver.orgNTEE Category
Code: A82Z - Arts
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