Overview
What is Depaul College Prep Foundation?
Depaul College Prep Foundation serves as a dedicated funding source for DePaul Prep, a non-profit institution located in Chicago. Their primary function is to accumulate funds to address the financial requirements of this educational institution. By managing and distributing the funds raised, they actively contribute to the school's capital, operational, and other financial necessities. In essence, Depaul College Prep Foundation acts as a financial lifeline for DePaul Prep, ensuring its continued success and growth.
Is Depaul College Prep Foundation legitimate?
Depaul College Prep Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Depaul College Prep 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.
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 Depaul College Prep Foundation?
The Depaul College Prep Foundation's mission is to gather financial support for DePaul College Prep, a non-profit organization situated in Chicago. The foundation's primary role is to manage and disburse the funds raised, contributing to the institution's capital, operational, and other financial requirements. In essence, the foundation serves to alleviate DePaul College Prep's financial needs, ensuring its continued operation and growth.
Who is the CEO of Depaul College Prep Foundation?
Mary A Dempsey is the President of Depaul College Prep Foundation.
What is the revenue of Depaul College Prep Foundation?
Depaul College Prep Foundation's revenue in 2022 was $4,802,085.
Who are the executives of Depaul College Prep Foundation and what are their salaries?
There 7 volunteers at Depaul College Prep Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $25,131
- Other: $233
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Depaul College Prep Foundation?
Depaul College Prep Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Depaul College Prep Foundation
Depaul College Prep Foundation is a dedicated organization that plays a critical role in supporting the financial needs of DePaul Prep, a not-for-profit corporation located in an undisclosed city. The foundation's primary mission is to gather funds, manage assets, and allocate them to cater to the financial requirements of DePaul Prep, including capital expenditures and operating expenses. Moreover, the foundation's efforts are also geared towards furthering the purpose of DePaul Prep, thereby contributing to its overall well-being and success. In essence, Depaul College Prep Foundation serves as a financial backbone, ensuring that DePaul Prep has the necessary resources to fulfill its mission and serve its community effectively.
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Impact
October, 2024
The Depaul College Prep Foundation significantly enhances the educational landscape of DePaul College Prep by raising essential funds that support its capital and operating needs. This assistance allows the school to provide quality education, modern facilities, and necessary resources for students. Through financial support, the foundation enables DePaul Prep to focus on enriching its programs, thereby fostering academic excellence and personal growth for its students. Ultimately, the foundation plays a crucial role in ensuring that DePaul College Prep can sustain and expand its mission of delivering outstanding educational opportunities in Chicago.
This information is meant to be a general summary of Depaul College Prep 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.
- Investment Income: $63,704
- Program Service Revenue: $1,872,000
- Gross Receipts: $4,980,105
Assets and Liabilities:
- Total Assets: $73,669,228
- Total Liabilities: $47,244,418
- Net Assets: $26,424,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,872,000
Organization Details
Founding Year
2016
Phone
(773) 539-3600Principal Officer
Mary A Dempsey
Main Address
3333 NORTH ROCKWELL STREET, CHICAGO, IL, 60618
NTEE Category
Code: B11 - Education
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