Overview
What is Chicago Shares?
Chicago Shares is a compassionate nonprofit organization based in Chicago, Illinois. Its primary purpose is to alleviate food and essential item scarcity by selling vouchers to individuals. These vouchers can then be handed over to those in need, who can use them to purchase these necessities from participating merchants. This unique model allows merchants to receive payments from Chicago Shares in lieu of cash, for the vouchers they accept. By doing so, Chicago Shares plays a crucial role in addressing food insecurity and ensuring that individuals in need have access to essential items, thereby contributing positively to the community.
Official website here: www.chicagoshares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Not Available
Chicago Shares has received positive feedback from users, with a volunteer praising its long-standing mission of providing immediate assistance to those in need in Chicago. The program allows individuals to purchase $1 vouchers that can be given to people who require help, which can then be redeemed for food and necessities at local vendors. This unique approach fosters respectful one-on-one interactions between donors and recipients.
Despite the absence of complete financial information on platforms like Guide Star, Chicago Shares has demonstrated a commitment to transparency by regularly submitting all required federal and state reports. The organization is noted for its adherence to proper financial management practices, ensuring that funds are managed effectively and responsibly.
However, while user reviews highlight the effectiveness and noble mission of Chicago Shares, potential donors may want to seek additional financial information to assess the organization's overall impact and sustainability. Overall, it appears to be a well-regarded initiative focused on addressing immediate needs in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Chicago Shares legitimate?
Chicago Shares is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Shares submitted a form 990EZ, 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.
Official website here: www.chicagoshares.org
What is the mission statement of Chicago Shares?
Chicago Shares, an organization, operates by selling vouchers for essential items such as food to individuals. These individuals then use these vouchers to obtain these items from participating merchants. In return, the merchants receive payment from Chicago Shares for the vouchers they accept, instead of cash. The primary mission of Chicago Shares is to provide a mechanism for distributing essentials to those in need, thereby addressing food and necessity-related challenges in a community-based manner.
Official website here: www.chicagoshares.org
Who is the CEO of Chicago Shares?
Julie Stagliano is the Executive Director of Chicago Shares.
Official website here: www.chicagoshares.org
What is the revenue of Chicago Shares?
Chicago Shares's revenue in 2022 was $55,112.
Official website here: www.chicagoshares.org
Who are the executives of Chicago Shares and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.chicagoshares.org
Where can I find the form 990EZ for Chicago Shares?
Chicago Shares's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.chicagoshares.org
Learn more at the official website: www.chicagoshares.org
Mission Statement of Chicago Shares
Chicago Shares is an organization that plays a crucial role in addressing food and essential needs insecurity by selling vouchers. These vouchers are purchased by individuals and can be used to obtain food and necessities from participating merchants. In return, the merchants receive payment from Chicago Shares instead of cash for the vouchers they accept. By doing so, Chicago Shares helps bridge the gap between those who have the means to provide aid and those in need, thereby promoting a sense of community and mutual support. The organization's mission is to facilitate this exchange, thereby ensuring that those who require essentials can obtain them, ultimately contributing to a more equitable society.
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Impact
August, 2024
Chicago Shares has a direct impact on providing individuals in need with access to food and necessities. Through their voucher program, they enable people to help those less fortunate by distributing these vouchers to those who require assistance. Additionally, merchants who accept these vouchers receive payments from Chicago Shares, helping to support local businesses while aiding those in need. This initiative effectively addresses pressing social issues related to food insecurity and lack of basic essentials in the Chicago community.
This information is meant to be a general summary of Chicago Shares. 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: $82
- Gross Receipts: $55,112
Assets and Liabilities:
- Total Assets: $57,073
- Total Liabilities: $16,000
- Net Assets: $41,073
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Organization Details
Phone
(312) 573-4494Principal Officer
Julie Stagliano
Main Address
730 North Wabash Avenue, Chicago, IL, 60611
Website
www.chicagoshares.orgNTEE Category
Code: P60Z - Human services
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