Overview
What is Teamwork Englewood Inc?
Teamwork Englewood Inc, located in Chicago, Illinois, is a nonprofit organization with a mission to foster positive development within the community. They accomplish this mission through various means, including participating in joint ventures, making direct investments, and advocating on behalf of the community. With a dedicated workforce of 150 individuals, Teamwork Englewood Inc actively engages in initiatives that aim to uplift and encourage growth within the community they serve.
What are the reviews and ratings of this charity?
Charity Navigator rating: 77%, Three-Star out of Four Star rating.
Teamwork Englewood Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The charity's overall score is derived from its Accountability & Finance score, which reflects the organization's effective use of resources and commitment to transparency. A score of 77% suggests that while the organization demonstrates strengths in various financial areas, there may be room for improvement.
The organization excels in having a fully independent board, with all members meeting the criteria for independence. This governance structure, alongside a strong program expense ratio of 94.02%, indicates that the majority of funds are directed towards mission-related activities rather than administrative costs. Additionally, Teamwork Englewood Inc has no reported material diversion of assets, which enhances its financial integrity.
However, the financial statements audit score of 10 out of 20 points suggests potential areas of concern in this aspect. While the organization maintains a healthy liabilities to assets ratio and has no loans to or from officers, addressing the audit score could further enhance transparency and trust with stakeholders. Overall, Teamwork Englewood Inc shows a commitment to its mission through responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Teamwork Englewood Inc legitimate?
Teamwork Englewood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teamwork Englewood 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: $100,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,376,647
For more financial information, click here
What is the mission statement of Teamwork Englewood Inc?
Teamwork Englewood Inc's mission is centered around promoting positive community development. They achieve this by engaging in joint ventures, making direct investments, and advocating on behalf of the community. This organization's actions are geared towards aiding and encouraging development, aiming to bring about a more prosperous and flourishing community.
Who is the CEO of Teamwork Englewood Inc?
Willard L Payton is the President of Teamwork Englewood Inc.
What is the revenue of Teamwork Englewood Inc?
Teamwork Englewood Inc's revenue in 2022 was $4,881,119.
Who are the executives of Teamwork Englewood Inc and what are their salaries?
The average compensation at Teamwork Englewood Inc during 2022 was $9,850. There are 150 employees and 1 volunteer at Teamwork Englewood Inc.
Here are 7 key members and their salaries:
- Compensation: $100,865
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Teamwork Englewood Inc?
Teamwork Englewood Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teamwork Englewood Inc
Teamwork Englewood Inc is dedicated to promoting positive development within the community. They accomplish this mission by engaging in joint ventures, making direct investments, and advocating on behalf of the community. This approach allows Teamwork Englewood Inc to actively contribute to the betterment of the community, fostering growth and improvement in various aspects. By collaborating with other entities and investing directly, they are able to create opportunities and bring about change in a meaningful way. Furthermore, their advocacy efforts serve to amplify the voice of the community, ensuring that their needs and concerns are heard and addressed at the appropriate levels. Overall, Teamwork Englewood Inc is committed to aiding and encouraging positive development within the community through their multifaceted approach.
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Impact
July, 2024
Teamwork Englewood Inc works tirelessly in Chicago, IL to aid and encourage positive development in the community through joint ventures, direct investments, and advocacy. Their impact can be seen in the tangible improvements and positive changes that have been brought about in Englewood and surrounding areas. Through their efforts, they have played a crucial role in community improvement, helping to address challenges and create opportunities for the residents. Their dedication to fostering development and advocating for the community's well-being underscores their significance in driving positive change.
This information is meant to be a general summary of Teamwork Englewood 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: $4,881,119
Assets and Liabilities:
- Total Assets: $2,806,935
- Total Liabilities: -$20,715
- Net Assets: $2,827,650
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Organization Details
Founding Year
2003
Phone
(773) 488-6600Principal Officer
Willard L Payton
Main Address
815 WEST 63RD STREET, CHICAGO, IL, 60621
NTEE Category
Code: S20 - Community improvement
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