Overview
What is Chicagoland Italian American Charitable Organization?
The Chicagoland Italian American Charitable Organization, situated in Downers Grove, Illinois, is a nonprofit organization that demonstrates its commitment to supporting the community in various ways. They offer scholarships to eligible entry-level college students, disregarding factors such as race, gender, religious affiliation, or national origin. Additionally, they extend their generosity to disabled war veterans by making donations to their cause. This organization's mission encompasses both educational and charitable endeavors, reflecting its dedication to uplifting diverse individuals and honoring the sacrifices of war veterans.
Official website here: www.ciaco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Chicagoland Italian American Charitable Organization has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is derived exclusively from the Accountability & Finance beacon, indicating a strong emphasis on these aspects. A notable strength is the organization's governance, with 100% of board members being independent and a large board size of 12 members.
The financial health of the organization is also commendable, with a 0.00% liabilities to assets ratio and a high program expense ratio of 94.53%. This suggests that the majority of funds are allocated directly to programs rather than administrative costs. The organization demonstrates transparency by documenting board meeting minutes and listing its website on tax forms.
While the organization has shown strengths in financial management and governance, the rating is based solely on the Accountability & Finance metrics, which may not provide a comprehensive view of its overall impact or effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Chicagoland Italian American Charitable Organization legitimate?
Chicagoland Italian American Charitable Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicagoland Italian American Charitable Organization 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: $0
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Official website here: www.ciaco.org
What is the mission statement of Chicagoland Italian American Charitable Organization?
The Chicagoland Italian American Charitable Organization's mission is centered around providing opportunities and support. They offer scholarships to deserving entry-level college students, regardless of their race, gender, religious affiliation, or national origin. Additionally, the organization extends its generosity to disabled war veterans by making donations to their cause. By providing scholarships and financial aid, the organization aims to empower young individuals, while their contributions to disabled war veterans demonstrate their commitment to honoring those who have served their country.
Official website here: www.ciaco.org
Who is the CEO of Chicagoland Italian American Charitable Organization?
Mike Campanile is the Vice-Preside of Chicagoland Italian American Charitable Organization.
Official website here: www.ciaco.org
What is the revenue of Chicagoland Italian American Charitable Organization?
Chicagoland Italian American Charitable Organization's revenue in 2022 was $136,693.
Official website here: www.ciaco.org
Who are the executives of Chicagoland Italian American Charitable Organization and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.ciaco.org
Where can I find the form 990 for Chicagoland Italian American Charitable Organization?
Chicagoland Italian American Charitable Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ciaco.org
Learn more at the official website: www.ciaco.org
Mission Statement of Chicagoland Italian American Charitable Organization
The Chicagoland Italian American Charitable Organization, in its mission, aims to provide scholarships to deserving entry-level college students, irrespective of their race, gender, religious affiliation, or national origin. Beyond education, this nonprofit organization also extends its generosity to disabled war veterans by making donations to support them. By providing scholarships and financial aid, the Chicagoland Italian American Charitable Organization is actively contributing to the higher education of aspiring individuals, thereby fostering a future of diverse and knowledgeable leaders. Simultaneously, the organization's donations to disabled war veterans showcase its commitment to recognizing and supporting those who have served their country, ensuring they receive the care and support they deserve.
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Impact
October, 2024
The Chicagoland Italian American Charitable Organization significantly impacts its community by providing scholarships to deserving entry-level college students, ensuring access to education regardless of race, gender, religious affiliation, or national origin. This commitment fosters educational equity and empowers the next generation of leaders. Additionally, the organization demonstrates its dedication to honoring veterans by making donations to disabled war veterans, contributing to their well-being and support. Through these initiatives, the organization enriches lives, uplifts individuals, and strengthens the community as a whole.
This information is meant to be a general summary of Chicagoland Italian American Charitable Organization. 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: $63
- Program Service Revenue: $23,595
- Gross Receipts: $272,935
Assets and Liabilities:
- Total Assets: $122,455
- Total Liabilities: $0
- Net Assets: $122,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY SERVICE REVENUE
Revenue
$23,595
Organization Details
Founding Year
1998
Phone
(630) 390-1140Principal Officer
Mike Campanile
Main Address
1400 OPUS PLACE RM/STE 100, DOWNERS GROVE, IL, 60515
Website
www.ciaco.orgNTEE Category
Code: B82 - Education
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