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Holy Family Ministries

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

EIN: 364320533 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Holy Family Ministries?

Holy Family Ministries is a nonprofit organization situated in Chicago, Illinois, specifically at 3415 W Arthington. Their primary focus is providing educational opportunities for children, youth, and families residing in underprivileged neighborhoods. Through a faith-based approach, they aim to help these individuals excel academically, develop spiritually, broaden their life experiences, and emerge as exceptional leaders. Their activities encompass elementary education from grades K-8 and early childhood education. With a workforce of 98 dedicated individuals, Holy Family Ministries strives to uplift and empower the community they serve.


Official website here: www.holyfamilyministries.com

What are the reviews and ratings of this charity?

**Holy Family Ministries - Charity Navigator Rating: 99% (Four-Star out of Four Star Rating)**

Holy Family Ministries boasts an impressive 99% rating from Charity Navigator, reflecting its strong performance in accountability and transparency, as well as effective financial management. The organization scored 100% for its Accountability & Finance, signifying meticulous oversight and adherence to best practices in safeguarding assets and managing finances. Indicators such as a high program expense ratio of 79.04% suggest that a significant portion of funds is directed towards their programs, benefiting the communities they serve.

In terms of leadership and adaptability, Holy Family Ministries has also achieved a perfect score. This indicates that the organization is proactively investing in leadership development and strategic growth initiatives. Their mission focuses on providing opportunities for children and adults from Chicago’s underserved neighborhoods, and their adaptability statement acknowledges challenges in staffing, highlighting a commitment to addressing these issues as they arise.

User reviews from GreatNonprofits are currently unavailable, preventing an assessment of community sentiment based on personal experiences with the organization. However, the data available portrays Holy Family Ministries as a well-managed nonprofit dedicated to impactful service in their community.


This AI summary has been generated from information found on Charity Navigator.

Is Holy Family Ministries legitimate?

Holy Family Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Family Ministries 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: $529,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,960,545

For more financial information, click here


Official website here: www.holyfamilyministries.com

What is the mission statement of Holy Family Ministries?

Holy Family Ministries offers educational opportunities for children, youth, and families from under-resourced neighborhoods in Chicago. Their mission is to help these individuals excel academically, grow spiritually, expand their life experiences, and develop into exceptional leaders. This is achieved through a faith-based approach. The organization provides educational resources for children from kindergarten to eighth grade, as well as early childhood education. They aim to empower their students to become effective leaders in their communities.


Official website here: www.holyfamilyministries.com

Who is the CEO of Holy Family Ministries?

Cheryl Collins is the Ceo of Holy Family Ministries. The CEO's salary of Holy Family Ministries is $141,540 and their total compensation is $141,540.


Official website here: www.holyfamilyministries.com

What is the revenue of Holy Family Ministries?

Holy Family Ministries's revenue in 2022 was $8,503,495.


Official website here: www.holyfamilyministries.com

Who are the executives of Holy Family Ministries and what are their salaries?

The average compensation at Holy Family Ministries during 2022 was $35,616. There are 98 employees at Holy Family Ministries.


Here are 21 key members and their salaries (Holy Family Ministries's CEO's salary is $141,540 and their total compensation is $141,540):


Cheryl Collins (Ceo)
  • Compensation: $141,540
  • Related: $0
  • Other: $0
Cynthia Schmidt (Chief Develo)
  • Compensation: $101,133
  • Related: $0
  • Other: $0
Dan Badovinac (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxane Busey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fanisha Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Draut (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Freidheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hufton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Kerr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennie Kramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Leverenz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Jihan Murray-Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Neaylon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Pals (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Stanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lashawn Stanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.holyfamilyministries.com

Where can I find the form 990 for Holy Family Ministries?

Holy Family Ministries's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.holyfamilyministries.com

Learn more at the official website: www.holyfamilyministries.com

Mission Statement of Holy Family Ministries

Holy Family Ministries, a nonprofit organization, is committed to offering educational opportunities for children, youth, and families residing in under-resourced neighborhoods in Chicago. Their mission is to empower these individuals to excel academically, grow spiritually, broaden their life experiences, and develop into exceptional leaders through a faith-based approach. By providing opportunities for both children and adults, Holy Family Ministries aims to help them excel in their academic pursuits, foster spiritual growth, and acquire new experiences that will prepare them to become effective leaders.

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Impact




October, 2024

Holy Family Ministries significantly impacts Chicago's under-resourced neighborhoods by providing educational opportunities that empower children, youth, and families to excel academically and grow spiritually. Through a faith-based approach, it offers K-8 elementary and early childhood education, fostering an environment where students can develop essential life skills and leadership qualities.

The organization nurtures academic excellence, enabling students to enhance their knowledge and critical thinking abilities. Alongside academic growth, Holy Family Ministries emphasizes spiritual development, encouraging individuals to explore their faith and values. This holistic approach not only prepares children for academic success but also shapes them into compassionate and capable leaders within their communities.

By expanding life experiences through a variety of programs and activities, Holy Family Ministries allows participants to engage with diverse opportunities that broaden their horizons and foster personal growth. The cumulative effect of these efforts enhances the overall quality of life in underserved neighborhoods, creating a ripple effect that benefits families and the wider community.




This information is meant to be a general summary of Holy Family Ministries. 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.

Revenue
$8,503,495 (2022)
Expenses
$6,060,599 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $100,377
  • Program Service Revenue: $716,657
  • Gross Receipts: $9,055,629

Assets and Liabilities:

  • Total Assets: $16,241,007
  • Total Liabilities: $2,118,392
  • Net Assets: $14,122,615

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Programs

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

TUITION

Revenue

$716,657

Organization Details

Founding Year

1999

Principal Officer

Cheryl Collins

Main Address

3415 W ARTHINGTON, CHICAGO, IL, 60624

NTEE Category

Code: B122 - Education

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