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
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.
Here 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
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:
- Shannon K Stewart Msw (Executive Director)
- Kimberly Davis (Chief Financial Officer)
- Elisabeth Payne (Chair) [Trustee/Director]
- Vinu Ramasamy (Vice Chair-Program Develop) [Trustee/Director]
- John Bankhurst (Vice Chair-Board Developme) [Trustee/Director]
- Blake Overlock (Vice Chair-External Relati) [Trustee/Director]
- Bill Pekin (Treasurer) [Trustee/Director]
- La'Shawn Hill (Secretary) [Trustee/Director]
- Emily Blum (Director)
- Travis Hughes (Director)
- Kristen Nomura (Director)
- Lisa Jericho (Director)
- April Williams (Director)
- Ann O'Shaughnessy (Director)
- Lisa Hampton (Director)
- John Bernard Potter (Director)
- Kaitlin Roe (Director)
- Susan Weiss (Director)
- Natalie Lynch (Director)
- Catherine Faber (Director)
- Brandon Barela (Director)
- Ben Yepsen (Director)
- Thomas E Dixon (Director)
Official website here: www.inspirationcorp.org
Where can I find the form 990 for Inspiration Corporation?
The 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.
Impact
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.
Thursday, August 15, 2024
Inspiration Corporation's impact is profound and far-reaching. Through their social services, employment training, and housing programs, they have positively transformed the lives of many individuals and families affected by homelessness and poverty. Their Housing Services program provides formerly homeless individuals and families with not just an apartment, but also the necessary wraparound services and support to help them turn their new place into a true home. By working closely with landlords and administering rental subsidies, Inspiration Corporation has helped over 100 households secure stable housing and increase their self-sufficiency. Additionally, their Foodservice Training program equips participants with job-specific skills and connects them with employment opportunities, further empowering them to break the cycle of poverty. The impact of Inspiration Corporation in Chicago, IL, goes beyond just providing essential services; it is about restoring hope, dignity, and creating pathways for long-term success.
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.
- Assets and Liabilities:
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) 878-0981
Principal Officer
Shannon K Stewart
Main Address
4554 N Broadway 207, Chicago, IL, 60640
Website
www.inspirationcorp.org
NTEE Category
Code: P850 - Human services
If you are a representative of Inspiration Corporation 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.