The Burton Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363839126 ✦ Elgin, IL ✦ Designated as a 501(c)(3)

Overview

What is The Burton Foundation?

The Burton Foundation is a nonprofit organization situated in Elgin, Illinois, with a focus on aiding the underprivileged and distressed. They accomplish this mission by granting financial aid, offering assistance, and providing low-interest loans to those in need, particularly for housing and health-related expenses. Furthermore, they actively contribute to the creation of affordable housing through collaborations in low-income housing tax credit projects and property management activities. With a team of four dedicated individuals, the Burton Foundation works tirelessly to improve living conditions and support the well-being of their community's most vulnerable members.


Official website here: www.theburtonfoundation.org/

Is The Burton Foundation legitimate?

The Burton Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Burton Foundation 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: $190,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $362,335

For more financial information, click here


Official website here: www.theburtonfoundation.org/

What is the mission statement of The Burton Foundation?

The Burton Foundation's mission is geared towards alleviating hardships faced by the less fortunate. They achieve this by offering grants, assistance, and low-interest loans for housing and health necessities. Furthermore, the foundation is actively involved in promoting low-income housing by participating in low-income housing tax credit projects and engaging in property management activities. Their goal is to provide relief and improve living conditions for those in need.


Official website here: www.theburtonfoundation.org/

Who is the CEO of The Burton Foundation?

Tracey Manning is the President of The Burton Foundation.


Official website here: www.theburtonfoundation.org/

What is the revenue of The Burton Foundation?

The Burton Foundation's revenue in 2022 was $2,030,488.


Official website here: www.theburtonfoundation.org/

Who are the executives of The Burton Foundation and what are their salaries?

The average compensation at The Burton Foundation during 2022 was $138,259. There are 4 employees at The Burton Foundation.

Here are 6 key members and their salaries:

    Tracey Manning (President)
  • Compensation: $190,701
  • Related: $184,920
  • Other: $0

    • Cathy Jacoby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Minch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Fiorini (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caroline Torres (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Desmarie Tanner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.theburtonfoundation.org/

    Where can I find the form 990 for The Burton Foundation?

    The The Burton Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.theburtonfoundation.org/

    Learn more at the official website: www.theburtonfoundation.org/

    Mission Statement of The Burton Foundation

    The Burton Foundation, a nonprofit organization, is dedicated to offering aid to those in need, specifically focusing on the poor and distressed individuals. Its mission is multifaceted, encompassing the provision of grants, assistance, and low-interest loans to help alleviate housing and health-related issues among the impoverished. Furthermore, the foundation plays a significant role in fostering low-income housing by participating in low-income housing tax credit project partnerships and engaging in property management activities. In essence, The Burton Foundation seeks to improve the living conditions and well-being of disadvantaged communities by addressing their fundamental needs for housing and healthcare.

    Impact

    This information is meant to be a general summary of The Burton Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Burton Foundation has a significant impact on providing relief for the poor and distressed by offering grants, assistance, and low-interest loans for housing and health needs. Additionally, the foundation plays a crucial role in fostering low-income housing through participation in low-income housing tax credit project partnerships and property management activities. Through these efforts, The Burton Foundation is making a tangible difference in improving the lives of those in need in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,117,041
  • Program Service Revenue: $586,996
  • Gross Receipts: $2,322,332

    • Assets and Liabilities:
  • Total Assets: $13,510,153
  • Total Liabilities: $1,436,617
  • Net Assets: $12,073,536
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Admin Income Marison Suit

    Revenue

    $23,182

    Admin income Water Edge

    Revenue

    $346,196

    MMS South Elgin LLC Devel

    Revenue

    $83,236

    Sponsor Fee Income

    Revenue

    $30,000

    TIF Income

    Revenue

    $76,626

    Organization Details

    Founding Year

    1992

    Principal Officer

    Tracey Manning

    Main Address

    2090 LARKIN AVE 5A-1, ELGIN, IL, 60123

    NTEE Category

    Code: Z99Z - Unknown

    If you are a representative of The Burton Foundation 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.