Overview
What is European American Association?
The European American Association is a nonprofit organization based in Chicago, Illinois. With a workforce of 648 employees, they focus on serving low-income individuals and families in the city by promoting self-sufficiency and community economic development. Their primary mission is to provide programs that assist those in need, encouraging independence, and offering support through positive presence. In addition, they offer in-home services as part of the Illinois Department on Aging Community Care Program, providing caregivers to the elderly and homebound. Their programs aim to maintain a consistent standard of excellence, assisting with immediate requirements, encouraging self-help, and providing moral support when needed. They foster neighborhood pride through renovation and community involvement.
Official website here: www.eaachicago.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
The European American Association has received an 81% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score is primarily based on a single beacon score that reflects the organization's adherence to best practices in financial management and transparency. The high percentage suggests that the organization is effectively managing its resources and is committed to maintaining a strong governance structure.
The organization's strengths lie in its fully independent board, with all eight members adhering to independence standards. Additionally, the absence of material diversion of assets, alongside comprehensive policies such as conflict of interest and whistleblower protections, strengthens its accountability profile. Furthermore, a program expense ratio of 92.80% demonstrates that a significant portion of its expenses is directed toward its programs, which is a positive indicator for potential donors.
Some limitations are not specifically noted in the available data, but a single beacon score means that there may be aspects of the organization’s operations not fully represented in this rating. Overall, the European American Association appears to be a well-managed nonprofit with a focus on financial integrity and governance, making it a potentially reliable choice for supporters looking to make an impact.
This AI summary has been generated from information found on Charity Navigator.
Is European American Association legitimate?
European American Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. European American Association 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: $152,302
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,130,130
For more financial information, click here
Official website here: www.eaachicago.org
What is the mission statement of European American Association?
The European American Association is dedicated to helping low-income individuals and families by promoting self-sufficiency and fostering community economic development. Their mission is to provide essential programs while encouraging an independent vision and neighborhood pride. They strive for excellence in serving all low to moderate income individuals and families, regardless of age, nationality, or gender. The organization assists with immediate requirements, encourages self-help when possible, and offers moral support when needed. Their goal is to maintain a consistent standard of excellence and make a positive presence within the community.
Official website here: www.eaachicago.org
Who is the CEO of European American Association?
John Herman is the Executive Di of European American Association.
Official website here: www.eaachicago.org
What is the revenue of European American Association?
European American Association's revenue in 2022 was $15,839,766.
Official website here: www.eaachicago.org
Who are the executives of European American Association and what are their salaries?
The average compensation at European American Association during 2022 was $18,954. There are 648 employees and 10 volunteers at European American Association.
Here are 6 key members and their salaries:
- Compensation: $152,302
- Related: $0
- Other: $7,989
- Compensation: $134,274
- Related: $0
- Other: $16,188
- 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.eaachicago.org
Where can I find the form 990 for European American Association?
European American Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eaachicago.org
Learn more at the official website: www.eaachicago.org
Mission Statement of European American Association
The European American Association, a nonprofit organization, strives to uplift low-income individuals and families in the city by encouraging self-sufficiency and fostering community economic development. In pursuit of this mission, the Association offers programs designed to assist those in need, promoting a vision of independence and neighborhood pride. Through renovation projects and community involvement, the European American Association aims to instill a sense of pride and positive presence within the community.
The European American Association's dedication to serving extends to all low to moderate income individuals and families, regardless of age, nationality, or gender. By addressing their immediate requirements and offering moral support when needed, the Association seeks to create a consistent standard of excellence in its services. Encouraging self-help wherever possible, the European American Association empowers its beneficiaries to take control of their lives and reach their full potential. The organization's commitment to fostering self-sufficiency and community development sets the foundation for long-term, sustainable positive change.
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Impact
October, 2024
The European American Association plays a significant role in supporting low-income individuals and families in Chicago by promoting self-sufficiency and fostering community economic development. By providing in-home services through the Illinois Department on Aging Community Care Program, the organization helps elderly and homebound individuals receive necessary care and support.
Its mission focuses on assisting those in need while encouraging independence and self-help. The organization also promotes neighborhood pride through renovation projects and active community involvement, working to enhance the overall quality of life for residents. By offering encouragement and maintaining a high standard of service, the European American Association contributes positively to the social fabric of the community, supporting a diverse population regardless of age, nationality, or gender. The impact is evident in the greater resilience and empowerment of individuals and families served, as well as in the strengthened connections within the neighborhood.
This information is meant to be a general summary of European American Association. 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: $196,866
- Program Service Revenue: $15,587,341
- Gross Receipts: $15,839,766
Assets and Liabilities:
- Total Assets: $20,547,286
- Total Liabilities: $1,241,458
- Net Assets: $19,305,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IN HOME SERVICES - MANAGED CR
Revenue
$7,966,222
IN-HOME SERVICES - IL DEPT
Revenue
$7,595,078
LOW-INCOME HOUSING RENTALS
Revenue
$26,041
Organization Details
Founding Year
1991
Phone
(773) 342-5868Principal Officer
John Herman
Main Address
2827 W DIVISION ST, CHICAGO, IL, 60622
Website
www.eaachicago.orgNTEE Category
Code: L20Z - Housing
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