Overview
What is Chicago White Sox Charities Inc?
Chicago White Sox Charities Inc, based in Chicago, Illinois, is a 501C3 nonprofit organization dedicated to providing financial assistance to community-focused programs. Their mission encompasses supporting cancer research and treatment, promoting health and wellness for children and families in crisis, and investing in youth education. The charity engages with the public through various fundraising events and programs, such as auctions of memorabilia, raffles at White Sox home games, and general contributions. With the generous support of fans, friends, and sponsors, Chicago White Sox Charities has donated millions since its inception, aiming to enhance the quality of life for Chicagoans of all ages, races, and genders. The organization currently employs 29 individuals.
Official website here: www.whitesoxcharities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
Chicago White Sox Charities Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in some areas despite a high program expense ratio of 90.99%. The overall score reflects serious concerns regarding governance and transparency, specifically the complete lack of independent board members and missing crucial policies like conflict of interest and whistleblower protections.
The organization benefits from a strong financial management structure, as evidenced by its clean audit and low liabilities to assets ratio. However, the absence of independent board members and the missing governance policies raise questions about accountability and oversight. These factors detract from the charity's potential effectiveness and public trust.
Although Chicago White Sox Charities Inc demonstrates solid program spending, its governance issues highlight areas that require immediate attention to improve its overall organizational health and community impact. Stakeholders may want to keep these limitations in mind when considering engagement or support.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago White Sox Charities Inc legitimate?
Chicago White Sox Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago White Sox Charities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,162
For more financial information, click here
Official website here: www.whitesoxcharities.org
What is the mission statement of Chicago White Sox Charities Inc?
Chicago White Sox Charities Inc's mission is centered around providing both financial and emotional support to various organizations based in the city. These organizations include those actively combating cancer, striving to enhance the lives of youth through education and recreation, and offering assistance to children and families in crisis. With the generous backing of White Sox fans, friends, and sponsors, the charity has donated millions since its inception, aiming to enhance the quality of life for individuals of diverse ages, races, and genders in the city.
Official website here: www.whitesoxcharities.org
Who is the CEO of Chicago White Sox Charities Inc?
Unavailable
Official website here: www.whitesoxcharities.org
What is the revenue of Chicago White Sox Charities Inc?
Chicago White Sox Charities Inc's revenue in 2022 was $3,406,117.
Official website here: www.whitesoxcharities.org
Who are the executives of Chicago White Sox Charities Inc and what are their salaries?
The average compensation at Chicago White Sox Charities Inc during 2022 was $6,730. There are 29 employees and 25 volunteers at Chicago White Sox Charities Inc.
Here are 9 key members and their salaries:
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Official website here: www.whitesoxcharities.org
Where can I find the form 990 for Chicago White Sox Charities Inc?
Chicago White Sox Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whitesoxcharities.org
Learn more at the official website: www.whitesoxcharities.org
Mission Statement of Chicago White Sox Charities Inc
Chicago White Sox Charities, as an organization, is committed to providing both financial and emotional support to various Chicago-based entities. These organizations include those on the frontlines of the battle against cancer, institutions that aim to enhance the lives of youth through recreation and education, and entities offering assistance to children and families in crisis. Through the generous contributions of White Sox fans, friends, and sponsors, Chicago White Sox Charities Inc. has donated substantial sums since its establishment. The ultimate goal of this nonprofit is to enhance the quality of life for Chicagoans of diverse backgrounds, regardless of age, race, or gender.
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Impact
October, 2024
Chicago White Sox Charities Inc has made a significant impact by providing both financial and emotional support to various organizations in the Chicago area. Its initiatives primarily focus on cancer research and treatment, health and wellness for children and families in crisis, and youth education. Through fundraising events such as auctions of memorabilia and raffles at Chicago White Sox home games, the organization engages the community and solicits contributions throughout the year.
Since its inception, Chicago White Sox Charities has donated millions of dollars, significantly enhancing the quality of life for Chicagoans of all ages, races, and genders. By partnering with local organizations that lead the fight against cancer and support youth development through recreation and education, the charity has created a ripple effect of positive change, fostering a healthier and more educated community. Their commitment to improving lives showcases the transformative power of community support and collaboration.
This information is meant to be a general summary of Chicago White Sox Charities 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: $39,462
- Gross Receipts: $5,396,729
Assets and Liabilities:
- Total Assets: $6,036,118
- Total Liabilities: $96,251
- Net Assets: $5,939,867
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Organization Details
Founding Year
1991
Phone
(312) 674-1000Main Address
333 West 35th Street, Chicago, IL, 60616
Website
www.whitesoxcharities.orgNTEE Category
Code: P120 - Human services
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