Overview
What is Inspiration Corporation?
Inspiration Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 4554 N Broadway 207. Their primary focus is on addressing homelessness and poverty, aspiring to uplift individuals and families affected by these issues. They accomplish this through a Housing Services program, which provides formerly homeless individuals and families with apartments and necessary support services to establish a stable home environment. The nonprofit employs case managers who work closely with these households, helping them identify suitable housing and ensuring a smooth transition into their new units. Inspiration Corporation aims to boost self-sufficiency and ultimately help participants exit poverty permanently. Apart from housing, the organization offers social services, employment training, and placement, as well as operates a Foodservice Training program that provides skill-specific job training and placement. The Foodservice Training program is housed within Inspiration Corporation's restaurants, located at 5840 S. Dr. Martin Luther King Jr. Drive, LLC. This facility offers affordable and permanent supportive housing to low-income families, including the homeless, in Chicago.
Official website here: www.inspirationcorp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star rating
Inspiration Corporation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a score of 100%. The organization boasts a fully independent board and excels in various financial metrics, such as a high program expense ratio and low fundraising costs. This high rating indicates a solid commitment to financial health and transparency, essential for building trust with donors and stakeholders.
User reviews on Great Nonprofits highlight the impactful nature of the organization's work, particularly at the Inspiration Cafe, where individuals experiencing homelessness find dignity and community. Volunteers praised the cafe for providing not just meals, but a welcoming environment that fosters conversation and camaraderie. The organization is recognized for its holistic approach to support, emphasizing the importance of both immediate needs and long-term assistance.
However, while the scores in accountability and leadership are excellent, the overall scores for leadership and adaptability, and culture and community are lower. This suggests there may be areas for growth in these aspects. Nonetheless, Inspiration Corporation's focus on professional development and its adaptability during significant challenges such as the COVID-19 pandemic are positive indicators of its resilience and commitment to continuous improvement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Inspiration Corporation?
90% of those who reviewed Inspiration Corporation on Facebook recommend this nonprofit. Here is a summary of their reviews:
The organization is praised for its clear vision and effectively addressing the needs of its clients. Many reviewers appreciate the focus on raising individuals up, highlighting the supportive environment and actionable services provided.
Overall, the sentiment towards Inspiration Corporation is positive, with users feeling satisfied with its mission and the impact it has on the community. Its commitment to helping clients is clearly recognized and valued by those who have experienced its services.
This AI summary has been generated from reviews found on Facebook.
Is Inspiration Corporation legitimate?
Inspiration Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inspiration Corporation 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: $306,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,754,960
For more financial information, click here
Official website here: www.inspirationcorp.org
What is the mission statement of Inspiration Corporation?
Inspiration Corporation's mission is centered around assisting individuals struggling with homelessness and poverty. They strive to enhance their lives and promote self-sufficiency through the delivery of essential social services, employment training, and placement programs. Notably, their Foodservice Training program, operated within the corporation's restaurants, offers skill-specific job training and employment opportunities. Furthermore, the organization provides affordable and permanent supportive housing to low-income families, including those experiencing homelessness, to aid in their long-term stability.
Official website here: www.inspirationcorp.org
Who is the CEO of Inspiration Corporation?
Shannon K Stewart is the Chair of Inspiration Corporation.
Official website here: www.inspirationcorp.org
What is the revenue of Inspiration Corporation?
Inspiration Corporation's revenue in 2022 was $4,800,264.
Official website here: www.inspirationcorp.org
Who are the executives of Inspiration Corporation and what are their salaries?
The average compensation at Inspiration Corporation during 2022 was $30,308. There are 68 employees and 650 volunteers at Inspiration Corporation.
Here are 23 key members and their salaries:
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- Compensation: $96,858
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- Other: $17,177
Official website here: www.inspirationcorp.org
Where can I find the form 990 for Inspiration Corporation?
Inspiration Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.inspirationcorp.org
Learn more at the official website: www.inspirationcorp.org
Mission Statement of Inspiration Corporation
Inspiration Corporation, a nonprofit organization, is dedicated to assisting individuals impacted by homelessness and poverty. Their mission is to enhance the lives of these individuals and promote self-sufficiency. They achieve this by offering a range of services, including social support, employment training, and placement. Through their Foodservice Training program, which operates within their restaurants, they provide specific job skills and employment opportunities. Moreover, 5840 S. Dr. Martin Luther King Jr. Drive, LLC, an initiative under Inspiration Corporation, offers affordable and permanent supportive housing to low-income families, including those experiencing homelessness, in Chicago. This holistic approach aims to help individuals overcome the challenges of poverty and homelessness, ultimately leading to improved lives.
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Impact
October, 2024
Inspiration Corporation plays a transformative role in addressing homelessness and poverty in Chicago. Through its comprehensive Housing Services program, it provides formerly homeless individuals and families not only with secure housing but also with essential support systems to help them thrive in their new environments. Case managers work closely with participants to identify suitable homes and ensure a smooth transition, facilitating connections with landlords and offering ongoing assistance.
By managing rental subsidies and leveraging private donor support, Inspiration Corporation serves over 100 households, promoting self-sufficiency and aiming to break the cycle of poverty for good. Additionally, the Foodservice Training program equips individuals with valuable job skills through hands-on experience in the culinary field, enhancing their employment prospects and helping them build sustainable livelihoods.
In summary, Inspiration Corporation's impact lies in its holistic approach to alleviating homelessness and empowering individuals to achieve independence, thereby fostering a stronger, more resilient community in Chicago.
This information is meant to be a general summary of Inspiration Corporation. 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.
- Program Service Revenue: $181,908
- Gross Receipts: $4,860,042
Assets and Liabilities:
- Total Assets: $3,339,436
- Total Liabilities: $486,035
- Net Assets: $2,853,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Inspiration Kitchens
Revenue
$75,538
Rent King Drive
Revenue
$55,991
Housing
Revenue
$50,379
Organization Details
Founding Year
1989
Phone
(773) 878-0981Principal Officer
Shannon K Stewart
Main Address
4554 N Broadway 207, Chicago, IL, 60640
Website
www.inspirationcorp.orgNTEE Category
Code: P850 - Human services
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