Overview
What is Illinois State Council Knights Of Columbus Charities Inc?
Illinois State Council Knights of Columbus Charities is a compassionate nonprofit organization dedicated to aiding those in need. Their primary focus lies in offering financial assistance, specifically through two funds: the Intellectual Disabilities Fund and the Newman Fund. The Intellectual Disabilities Fund is designed to support individuals with mental handicaps or learning disabilities in Illinois, providing interest-free loans for MR/LD group homes. Meanwhile, the Newman Fund backs Newman centers situated at secular colleges and universities across the state. These centers serve as vital resources for students, fostering spiritual growth and community within their academic settings.
Official website here: www.illinoisknights.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Illinois State Council Knights Of Columbus Charities Inc has achieved an impressive score of 96%, reflecting strong performance in accountability and finance. With a full score of 100% for having an independent board and a robust audit and oversight committee, the organization demonstrates a commitment to transparency and responsible governance. Their financial practices are further validated by a material diversion of assets being reported as none, ensuring that funds are used effectively for their intended purpose.
The charity's program expense ratio stands at an outstanding 93.25%, indicating that a significant majority of its resources are directed towards programs rather than administrative costs. This high ratio highlights the organization's dedication to maximizing its impact within the community. Additionally, established policies regarding conflicts of interest, whistleblower protections, and document retention further enhance their credibility and operational integrity.
While the data illustrates a solid foundation of accountability and strong program focus, ongoing transparency and responsiveness to stakeholder concerns will be essential for maintaining trust and support. Overall, the Illinois State Council Knights Of Columbus Charities Inc appears to be a well-managed organization with a proven track record of effective philanthropy.
This AI summary has been generated from information found on Charity Navigator.
Is Illinois State Council Knights Of Columbus Charities Inc legitimate?
Illinois State Council Knights Of Columbus Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois State Council Knights Of Columbus Charities 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.
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Official website here: www.illinoisknights.org
What is the mission statement of Illinois State Council Knights Of Columbus Charities Inc?
Illinois State Council Knights of Columbus Charities is a non-profit organization dedicated to offering financial aid to those in need. Specifically, it operates two funds: the Intellectual Disabilities Fund and the Newman Fund. The Intellectual Disabilities Fund provides assistance to individuals with mental disabilities or learning difficulties in Illinois, including offering interest-free loans to group homes for MR/LD residents. On the other hand, the Newman Fund supports Newman centers at secular colleges and universities across the state. These centers aim to provide a spiritual home for students, fostering their religious growth and community building.
Official website here: www.illinoisknights.org
Who is the CEO of Illinois State Council Knights Of Columbus Charities Inc?
Stephen G Mann is the President of Illinois State Council Knights Of Columbus Charities Inc.
Official website here: www.illinoisknights.org
What is the revenue of Illinois State Council Knights Of Columbus Charities Inc?
Illinois State Council Knights Of Columbus Charities Inc's revenue in 2022 was $1,876,485.
Official website here: www.illinoisknights.org
Who are the executives of Illinois State Council Knights Of Columbus Charities Inc and what are their salaries?
Here are 19 key members and their salaries:
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Official website here: www.illinoisknights.org
Where can I find the form 990 for Illinois State Council Knights Of Columbus Charities Inc?
Illinois State Council Knights Of Columbus Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.illinoisknights.org
Learn more at the official website: www.illinoisknights.org
Mission Statement of Illinois State Council Knights Of Columbus Charities Inc
Illinois State Council Knights of Columbus Charities, as a non-profit organization, is dedicated to providing financial aid for individuals in need. One of their key initiatives is the Intellectual Disabilities Fund, which offers support to individuals with mental handicaps or learning disabilities residing in Illinois. This fund extends its assistance by offering interest-free loans to group homes catering to such individuals.
In addition to the Intellectual Disabilities Fund, Illinois State Council Knights of Columbus Charities also manages the Newman Fund. This fund is specifically designed to aid Newman centers situated at secular colleges and universities across Illinois. Newman centers serve as resources for Catholic students, offering them a spiritual home and opportunities for spiritual growth and development within their academic environments. By supporting these centers, the Illinois State Council Knights of Columbus Charities is effectively fostering a sense of community and faith among Catholic students in higher education.
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Impact
July, 2024
Illinois State Council Knights Of Columbus Charities Inc's impact includes providing financial assistance for the needy in Illinois through its Intellectual Disabilities Fund, which supports the mentally handicapped and learning disabled individuals by offering interest-free loans to MR/LD group homes. Additionally, the organization's Newman Fund helps support Newman centers at secular colleges and universities across the state. Through these initiatives, Illinois State Council Knights Of Columbus Charities Inc is making a meaningful difference in the lives of those in need and contributing to the betterment of the community.
This information is meant to be a general summary of Illinois State Council Knights Of Columbus Charities 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.
- Investment Income: $6,546
- Gross Receipts: $1,909,960
Assets and Liabilities:
- Total Assets: $2,772,064
- Total Liabilities: $241,465
- Net Assets: $2,530,599
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Organization Details
Phone
(815) 935-2262Principal Officer
Stephen G Mann
Main Address
PO Box 681, Kankakee, IL, 60901
Website
www.illinoisknights.orgNTEE Category
Code: T03 - Philanthropy
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