Overview
What is Chicago Police Foundation?
The Chicago Police Foundation is a dedicated nonprofit organization situated in Chicago, Illinois, specifically at 706 N Dearborn, with a mission to enhance public safety in the city. They achieve this by providing financial support and resources to supplement the Chicago Police Department's existing equipment, training, and programs. This encompasses funding various initiatives to bolster their capabilities and ensure they can serve the community effectively.
Official website here: www.chicagopolicefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
The Chicago Police Foundation has earned a 77% rating from Charity Navigator, which indicates a moderate level of accountability and financial health. The organization showcases a strong governance structure, with 100% of board members being independent. It has also received full points in key areas such as its audit and oversight committee, and it does not have any issues with material diversion of assets.
Despite these strengths, the organization has notable limitations in its policies and transparency. It lacks a whistleblower policy and a document retention and destruction policy, which are crucial for ensuring ethical practices. Additionally, the absence of tax forms on its website may affect public trust and accessibility of information regarding its financials.
Financially, the foundation maintains a low liabilities to assets ratio at 0.00%. However, its program expense ratio of 61.54% suggests that a significant portion of its expenses goes towards programs, which is a positive indicator but could be improved upon for a stronger score in program expenses. Overall, while the Chicago Police Foundation shows solid governance, there are areas for improvement in transparency and policy implementation.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Police Foundation legitimate?
Chicago Police Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Police 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.
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Official website here: www.chicagopolicefoundation.org
What is the mission statement of Chicago Police Foundation?
The Chicago Police Foundation is committed to enhancing public safety in various capacities. To accomplish this, they provide support and funding for programs that supplement the resources, equipment, and training accessible to the Chicago Police Department. Their objective is to bolster the department's capabilities, ultimately contributing to a more secure environment for the city's residents. The foundation's activities primarily focus on supplementing the resources at the disposal of the police department, thereby improving overall public safety.
Official website here: www.chicagopolicefoundation.org
Who is the CEO of Chicago Police Foundation?
Rick Simon is the Principal Officer of Chicago Police Foundation.
Official website here: www.chicagopolicefoundation.org
What is the revenue of Chicago Police Foundation?
Chicago Police Foundation's revenue in 2022 was $646,695.
Official website here: www.chicagopolicefoundation.org
Who are the executives of Chicago Police Foundation and what are their salaries?
There 20 volunteers at Chicago Police Foundation.
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Official website here: www.chicagopolicefoundation.org
Where can I find the form 990 for Chicago Police Foundation?
Chicago Police Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicagopolicefoundation.org
Learn more at the official website: www.chicagopolicefoundation.org
Mission Statement of Chicago Police Foundation
The Chicago Police Foundation is committed to enhancing public safety within the city of Chicago. To achieve this goal, the organization funds and supports various programs that aim to augment the resources, equipment, and training available to the Chicago Police Department. By doing so, the Chicago Police Foundation works tirelessly to supplement the capabilities of the department, ultimately contributing to a safer environment for the city's residents.
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Impact
July, 2024
The Chicago Police Foundation plays a significant role in enhancing public safety in the city of Chicago. By supporting and funding programs that provide additional resources, equipment, and training to the Chicago Police Department, the foundation directly contributes to improving law enforcement capabilities and effectiveness. This support helps to strengthen the overall safety and security of the community, benefiting both residents and law enforcement personnel. Through its efforts, the Chicago Police Foundation has a tangible impact on public safety in the city.
This information is meant to be a general summary of Chicago Police 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.
- Gross Receipts: $778,602
Assets and Liabilities:
- Total Assets: $710,380
- Total Liabilities: $0
- Net Assets: $710,380
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Organization Details
Founding Year
2014
Phone
(312) 664-7076Principal Officer
Rick Simon
Main Address
706 N DEARBORN, CHICAGO, IL, 60654
NTEE Category
Code: W99 - Public benefit
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