Overview
What is Chicago City Council Latino Caucus Foundation?
The Chicago City Council Latino Caucus Foundation is a nonprofit organization situated in Chicago, Illinois. Its primary mission is to augment opportunities for higher education among Chicago's Latino youth, providing scholarships, internships, and mentoring programs. Additionally, the foundation operates a program geared towards mid-level professionals, aiming to bridge leadership gaps within both the public and private sectors. The organization is positioned to serve as a catalyst for the advancement and empowerment of Chicago's Latino community, fostering their academic and professional growth.
Official website here: www.ccclatinocaucus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Chicago City Council Latino Caucus Foundation has received an 84% rating from Charity Navigator, which translates to a Three-Star designation, highlighting its strong performance primarily in the area of Accountability & Finance. The Foundation's score reflects a comprehensive evaluation, with the entire score coming from a single beacon focused on financial practices, suggesting a solid financial foundation and responsible management.
Key strengths of the organization include a fully independent board, with 100% of its members being independent, alongside a robust accountability framework. Notably, the Foundation has demonstrated excellent oversight with no material diversion of assets reported and a high program expense ratio of 88.27%, indicating that a significant portion of its funds are directed towards its mission-driven activities.
However, the Foundation has some areas for improvement, particularly in governance policies, as it lacks a conflict of interest policy and whistleblower policy. These omissions are reflected in its overall accountability score, which, while strong, could be further enhanced by addressing these policy gaps to strengthen transparency and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago City Council Latino Caucus Foundation legitimate?
Chicago City Council Latino Caucus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago City Council Latino Caucus 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.ccclatinocaucus.org
What is the mission statement of Chicago City Council Latino Caucus Foundation?
The Chicago City Council Latino Caucus Foundation serves as a platform to enhance access to higher education for the city's Latino youth. This is accomplished through the provision of scholarships, internships, and mentoring opportunities. Additionally, the foundation runs a program designed to address leadership gaps in both public and private sectors for mid-level professionals. Its mission is to empower Latino youth and mid-level professionals, contributing to the broader community by fostering educational and professional growth.
Official website here: www.ccclatinocaucus.org
Who is the CEO of Chicago City Council Latino Caucus Foundation?
Micaela Vargas is the Chairman of Chicago City Council Latino Caucus Foundation.
Official website here: www.ccclatinocaucus.org
What is the revenue of Chicago City Council Latino Caucus Foundation?
Chicago City Council Latino Caucus Foundation's revenue in 2022 was $741,704.
Official website here: www.ccclatinocaucus.org
Who are the executives of Chicago City Council Latino Caucus Foundation and what are their salaries?
There 1 volunteer at Chicago City Council Latino Caucus Foundation.
Here are 14 key members and their salaries:
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Official website here: www.ccclatinocaucus.org
Where can I find the form 990 for Chicago City Council Latino Caucus Foundation?
Chicago City Council Latino Caucus Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccclatinocaucus.org
Learn more at the official website: www.ccclatinocaucus.org
Mission Statement of Chicago City Council Latino Caucus Foundation
The Chicago City Council Latino Caucus Foundation serves as a catalyst for enhancing access to higher education for Chicago's Latino youth. Through scholarships, internships, and mentoring opportunities, the organization strives to bridge the educational gap for these young individuals. Furthermore, the foundation extends its reach to mid-level professionals, aiming to fill leadership vacancies in both public and private sectors. By providing such opportunities, the Chicago City Council Latino Caucus Foundation seeks to empower the next generation of Latino leaders and contribute to the overall diversity and growth of Chicago's workforce.
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Impact
July, 2024
Chicago City Council Latino Caucus Foundation's impact lies in providing valuable resources and opportunities for Chicago's Latino youth to access higher education. Through scholarships, internships, and mentoring programs, the foundation plays a crucial role in empowering young Latinos to pursue academic success and achieve their educational goals. Additionally, the foundation operates a program that addresses leadership gaps in both the public and private sectors by supporting mid-level professionals. By focusing on education and leadership development, the foundation contributes to the advancement and empowerment of Latino communities in Chicago.
This information is meant to be a general summary of Chicago City Council Latino Caucus 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: $894,619
Assets and Liabilities:
- Total Assets: $616,457
- Total Liabilities: $15,075
- Net Assets: $601,382
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Organization Details
Founding Year
2012
Phone
(312) 560-4468Principal Officer
Micaela Vargas
Main Address
2702 W CHICAGO AVE, CHICAGO, IL, 60622
Website
www.ccclatinocaucus.orgNTEE Category
Code: R12 - Civil rights
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