Overview
What is Federacion De Clubes Michoacanos En Illinois?
Federacion De Clubes Michoacanos En Illinois is a nonprofit organization located in Chicago, Illinois, with a focus on serving the Michoacan, Mexican, and immigrant community. Their primary mission involves promoting cultural, social, sports, and educational activities within this community, demonstrating a transnational commitment. In addition to their cultural work, the organization provides essential assistance to low-income immigrants, refugees, and Limited English Proficient (LEP) populations who are experiencing financial hardship. They offer housing and utility aid as part of their housing program. The organization's dedicated team comprises six employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.
The Federacion De Clubes Michoacanos En Illinois received a Two-Star rating from Charity Navigator, indicating some areas of concern within its accountability and financial practices. While the organization boasts a fully independent board and shows high program expense efficiency, it struggles significantly with financial transparency, as evidenced by poor performance in financial statement reporting.
Strengths include an impressive program expense ratio of 96.86%, showing that most resources are directed towards its programs rather than administrative costs. Moreover, the organization has a solid liability to asset ratio, reflecting a reasonable balance in its financial structure. However, the lack of financial statements raises red flags regarding overall transparency.
Limitations are evident in the area of governance policies, where the organization scored poorly on whistleblower and document retention policies. This could lead to concerns about accountability and operational integrity. Overall, while the organization is committed to its mission, its financial reporting practices need significant improvement to enhance trust and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Federacion De Clubes Michoacanos En Illinois legitimate?
Federacion De Clubes Michoacanos En Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federacion De Clubes Michoacanos En Illinois 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: $221,782
For more financial information, click here
What is the mission statement of Federacion De Clubes Michoacanos En Illinois?
Federacion De Clubes Michoacanos En Illinois is a non-profit organization with a mission to promote cultural, social, sports, and educational activities among the Michoacan, Mexican, and immigrant community in a transnational context. Their primary goal is to engage and support this community as a whole. In addition to their cultural and social initiatives, they also provide housing and utility assistance to low-income immigrants, refugees, and Limited English Proficient (LEP) populations who are experiencing financial hardship.
Who is the CEO of Federacion De Clubes Michoacanos En Illinois?
Jose A Arreola is the Principal Officer of Federacion De Clubes Michoacanos En Illinois.
What is the revenue of Federacion De Clubes Michoacanos En Illinois?
Federacion De Clubes Michoacanos En Illinois's revenue in 2021 was $3,094,255.
Who are the executives of Federacion De Clubes Michoacanos En Illinois and what are their salaries?
The average compensation at Federacion De Clubes Michoacanos En Illinois during 2021 was $36,964. There are 6 employees and 10 volunteers at Federacion De Clubes Michoacanos En Illinois.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Federacion De Clubes Michoacanos En Illinois?
Federacion De Clubes Michoacanos En Illinois's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Federacion De Clubes Michoacanos En Illinois
Federacion De Clubes Michoacanos En Illinois is a non-profit organization that plays a significant role in the Michoacan, Mexican, and immigrant community. Its mission is to foster cultural, social, sports, and educational activities among this diverse group. With a transnational focus, Federacion de Clubes Michoacanos en Illinois strives to promote unity and engagement within this community.
In practical terms, this organization works to provide assistance to those who are facing financial hardship. Low-income immigrants, refugees, and individuals with Limited English Proficiency (LEP) are among its primary targets. Federacion de Clubes Michoacanos en Illinois offers housing and utility assistance to help these populations overcome their financial struggles. By doing so, it contributes to the well-being and stability of the community, allowing its members to focus on their personal and communal growth.
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Impact
July, 2024
Federacion De Clubes Michoacanos En Illinois plays a crucial role in supporting the Michoacan, Mexican, and immigrant community in Illinois by providing cultural, social, sports, and educational activities. One of its key impacts is through its housing program, which offers housing and utility assistance to low-income immigrants, refugees, and Limited English Proficient populations facing financial difficulties. This support helps improve the quality of life for individuals and families in need, contributing to their overall well-being and stability. Additionally, the organization's transnational mission underscores its commitment to fostering connections and unity among communities across borders.
This information is meant to be a general summary of Federacion De Clubes Michoacanos En Illinois. 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 2021.
- Investment Income: $6
- Gross Receipts: $3,094,255
Assets and Liabilities:
- Total Assets: $525,830
- Total Liabilities: $0
- Net Assets: $525,830
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Organization Details
Founding Year
2002
Phone
(312) 491-9317Principal Officer
Jose A Arreola
Main Address
1638 S BLUE ISLAND AVENUE, CHICAGO, IL, 60608
NTEE Category
Code: P20 - Human services
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