Overview
What is Chicago Parks Foundation?
The Chicago Parks Foundation is a 501(c)(3) nonprofit organization committed to preserving and enhancing public parks in Chicago. Acting as a strategic partner for the Chicago Park District, it coordinates fundraising and charitable resources to ensure the well-being of these green spaces. The foundation's mission encompasses various programs, such as youth, sports, health, and recreation initiatives, as well as community organization activities, aimed at promoting a healthier lifestyle and fostering a sense of stewardship among the local communities. By protecting and enriching Chicago's parks, the foundation strives to make them relevant and accessible to all, thereby enriching the quality of life for current and future generations.
Official website here: www.chicagoparksfoundation.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that the Chicago Parks Foundation has achieved a Four-Star out of Four Star rating, signifying a strong commitment to accountability and finance. The overall score reflects exceptional management practices, particularly in maintaining a fully independent board and the absence of any material diversion of assets.
The foundation excels in several key metrics, including a high program expense ratio of 95.92%, which demonstrates efficient allocation of resources towards its mission. Additionally, the organization has a robust financial oversight framework, evidenced by its comprehensive audit and oversight committee practices.
However, the fundraising efficiency ratio is notably low at $0.01, which indicates potential challenges in raising funds relative to expenses. While the foundation showcases strong financial health and accountability, this aspect may warrant further attention to enhance its fundraising strategies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Chicago Parks Foundation?
While the Chicago Parks Foundation currently has only a couple of reviews on Facebook, the sentiment expressed is quite positive. The organization is praised for its ability to meet family needs and provide opportunities for no-cost gatherings, which many users seem to appreciate.
Although there are not many reviews to analyze, the existing ones highlight the nonprofit's commitment to supporting families in the community. It appears that the foundation effectively offers valuable resources and events that foster connections among families.
Overall, the limited feedback suggests that the Chicago Parks Foundation is making a meaningful impact by facilitating family-oriented activities, and those who have interacted with the organization feel that it addresses important community needs.
This AI summary has been generated from reviews found on Facebook.
Is Chicago Parks Foundation legitimate?
Chicago Parks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Parks 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $175,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,624
For more financial information, click here
Official website here: www.chicagoparksfoundation.org
What is the mission statement of Chicago Parks Foundation?
The Chicago Parks Foundation, acting as a separate non-profit organization, is committed to preserving and enhancing Chicago's public parks. Its primary goal is to improve the park visitor experience, foster a sense of community dedication to park conservation, and contribute to a healthier lifestyle and improved quality of life for current and future generations. As a strategic partner for the Chicago Park District, the foundation coordinates fundraising and charitable resources, supporting various programs such as youth activities, sports, and health and recreation initiatives, ensuring the parks remain relevant and accessible to all communities.
Official website here: www.chicagoparksfoundation.org
Who is the CEO of Chicago Parks Foundation?
Willa Lang is the Executive Director of Chicago Parks Foundation.
Official website here: www.chicagoparksfoundation.org
What is the revenue of Chicago Parks Foundation?
Chicago Parks Foundation's revenue in 2022 was $4,155,415.
Official website here: www.chicagoparksfoundation.org
Who are the executives of Chicago Parks Foundation and what are their salaries?
The average compensation at Chicago Parks Foundation during 2022 was $84,325. There are 5 employees and 13 volunteers at Chicago Parks Foundation.
Here are 12 key members and their salaries:
- Compensation: $175,000
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Official website here: www.chicagoparksfoundation.org
Where can I find the form 990 for Chicago Parks Foundation?
Chicago Parks Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicagoparksfoundation.org
Learn more at the official website: www.chicagoparksfoundation.org
Mission Statement of Chicago Parks Foundation
The Chicago Parks Foundation, a distinguished 501(c)(3) organization, is dedicated to preserving and enhancing Chicago's cherished public parks. Its mission is threefold: first, to maintain the parks' integrity and relevance, ensuring they remain accessible and valued by all communities; second, to foster a sense of stewardship among the public, encouraging a healthier lifestyle and improved quality of life; and third, to serve as a strategic partner for the Chicago Park District, coordinating fundraising and charitable resources. The organization's initiatives encompass a wide range of youth, sports, health, and recreation programs, as well as community organization activities. By pursuing these goals, the Chicago Parks Foundation plays a vital role in safeguarding and enriching the city's parks for the benefit of both current and future generations.
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Impact
July, 2024
Chicago Parks Foundation's impact can be seen through its dedicated efforts to preserve and enhance Chicago's public parks, creating a more accessible and engaging environment for all community members. By instilling a sense of stewardship and conservation, the foundation is working towards a healthier lifestyle and improved quality of life for current and future generations. Through programs focused on youth, sports, health, and recreation, Chicago Parks Foundation is actively building a community that values and supports the conservation of these essential public spaces.
This information is meant to be a general summary of Chicago Parks Foundation. 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: $22,332
- Program Service Revenue: $282,271
- Gross Receipts: $4,270,025
Assets and Liabilities:
- Total Assets: $8,109,583
- Total Liabilities: $562,463
- Net Assets: $7,547,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Youth Services
Revenue
$282,271
Organization Details
Founding Year
2012
Phone
(312) 742-5105Principal Officer
Willa Lang
Main Address
PO Box 14147, Chicago, IL, 60614
NTEE Category
Code: N11 - Recreation
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