Overview
What is Thornton Township Foundation Inc?
Thornton Township Foundation Inc is a nonprofit organization that focuses on aiding local residents in need. Specifically, they offer assistance with housing and utility expenses through the Cook County Emergency Solutions Grant Program. By providing this support, the foundation aims to alleviate financial burdens and contribute to the well-being of the community. The foundation's mission is centralized around this program, which demonstrates their commitment to supporting residents during challenging times.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Thornton Township Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score of 77% reflects strong governance practices, with 100% of its board composed of independent members, demonstrating a commitment to transparency and accountability.
The foundation excels in its financial oversight, as evidenced by a perfect score in audit and oversight practices. It shows no signs of material diversion of assets, and has well-documented policies such as conflict of interest, whistleblower protections, and document retention procedures, all of which contribute to its strong accountability framework.
While the organization has a high program expense ratio of 99.60%, indicating that it allocates a significant portion of its funds directly to its mission, the overall score is solely based on financial metrics. This means that while it performs well in financial aspects, other areas such as program impact and effectiveness are not evaluated in this rating.
This AI summary has been generated from information found on Charity Navigator.
Is Thornton Township Foundation Inc legitimate?
Thornton Township Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thornton Township Foundation Inc 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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What is the mission statement of Thornton Township Foundation Inc?
The Thornton Township Foundation's mission is centered around helping its community. Specifically, it assists residents by providing aid with essential needs such as housing and utilities, carried out through the Cook County Emergency Solutions Grant Program. This initiative aims to alleviate financial burdens and ensure residents have basic necessities, thereby improving their overall living conditions. The foundation's work is instrumental in providing a safety net for those in need, thereby contributing to a more stable and secure community.
Who is the CEO of Thornton Township Foundation Inc?
Tui Muse is the Interim President of Thornton Township Foundation Inc.
What is the revenue of Thornton Township Foundation Inc?
Thornton Township Foundation Inc's revenue in 2022 was $1,456,860.
Who are the executives of Thornton Township Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Thornton Township Foundation Inc?
Thornton Township Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Thornton Township Foundation Inc
Thornton Township Foundation, a notable nonprofit organization, is committed to aiding its residents. Their primary mission is to offer assistance in the areas of housing and utilities. They accomplish this mission through the Cook County Emergency Solutions Grant Program. This program allows the foundation to provide crucial aid to those in need, helping them maintain a stable living situation. By offering assistance with housing and utilities, Thornton Township Foundation plays a significant role in improving the quality of life for its residents, offering them a sense of security and stability.
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Impact
July, 2024
Thornton Township Foundation Inc directly impacts the community by providing crucial assistance to residents in need. Through the Cook County Emergency Solutions Grant Program, the foundation offers aid with housing and utilities, ensuring that individuals and families have a stable and secure living environment. This support directly contributes to improving the quality of life for residents in South Holland, Illinois, making a significant difference in their well-being and overall welfare.
This information is meant to be a general summary of Thornton Township Foundation Inc. 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: $1,456,860
Assets and Liabilities:
- Total Assets: $64,956
- Total Liabilities: $0
- Net Assets: $64,956
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Organization Details
Founding Year
2015
Phone
(708) 596-6040Principal Officer
Tui Muse
Main Address
333 EAST 162ND STREET, SOUTH HOLLAND, IL, 60473
NTEE Category
Code: S80 - Community improvement
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