Overview
What is Teamsters Joint Council No 25 Charitable Fund Inc?
Teamsters Joint Council No 25 Charitable Fund Inc is a nonprofit organization located in Willow Springs, Illinois, specifically at 160 Market Street. Their primary mission is to gather funds and distribute them to various charitable organizations, as chosen by the organization itself. This charitable endeavor allows them to support numerous causes and contribute to the betterment of their community and beyond, without specifying the specific areas of focus for these charities.
Official website here: www.teamstersjc25.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Teamsters Joint Council No 25 Charitable Fund Inc has achieved a commendable score of 76%, reflecting a solid commitment to accountability and financial transparency. This rating is based solely on their Accountability & Finance metrics, where they excelled in several areas including having a fully independent board and no material diversion of assets.
Strengths of the organization include a high program expense ratio of 99.87%, indicating that almost all of their expenses are directed towards their charitable programs. They also demonstrate a strong governance structure with 100% independent board members. However, there are notable gaps, such as the absence of a conflict of interest policy and other essential governance documents, which negatively impacted their overall score in this category.
While the overall financial health is strong, with no liabilities to assets, the lack of certain policies suggests that there are areas for improvement in their governance practices. Addressing these limitations could potentially enhance their rating in the future and strengthen stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Teamsters Joint Council No 25 Charitable Fund Inc legitimate?
Teamsters Joint Council No 25 Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teamsters Joint Council No 25 Charitable Fund 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
For more financial information, click here
Official website here: www.teamstersjc25.com
What is the mission statement of Teamsters Joint Council No 25 Charitable Fund Inc?
The mission of Teamsters Joint Council No 25 Charitable Fund Inc is centered around raising and distributing funds to various charitable organizations. The organization has the autonomy to select the beneficiaries of these funds, aiming to contribute to their causes and support their initiatives. This philanthropic endeavor allows Teamsters Joint Council No 25 Charitable Fund Inc to contribute to a wide range of social causes and make a positive impact in various communities. By raising funds and selecting deserving charitable organizations, this organization is able to extend its reach and make a significant difference in people's lives.
Official website here: www.teamstersjc25.com
Who is the CEO of Teamsters Joint Council No 25 Charitable Fund Inc?
Thomas Stiede is the Director of Teamsters Joint Council No 25 Charitable Fund Inc.
Official website here: www.teamstersjc25.com
What is the revenue of Teamsters Joint Council No 25 Charitable Fund Inc?
Teamsters Joint Council No 25 Charitable Fund Inc's revenue in 2022 was $83,529.
Official website here: www.teamstersjc25.com
Who are the executives of Teamsters Joint Council No 25 Charitable Fund Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $64,000
- Other: $0
- Compensation: $0
- Related: $48,500
- Other: $0
- Compensation: $0
- Related: $45,500
- Other: $0
- Compensation: $0
- Related: $37,375
- Other: $0
- Compensation: $0
- Related: $35,000
- Other: $0
- Compensation: $0
- Related: $26,250
- Other: $0
- Compensation: $0
- Related: $25,250
- Other: $0
Official website here: www.teamstersjc25.com
Where can I find the form 990 for Teamsters Joint Council No 25 Charitable Fund Inc?
Teamsters Joint Council No 25 Charitable Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teamstersjc25.com
Learn more at the official website: www.teamstersjc25.com
Mission Statement of Teamsters Joint Council No 25 Charitable Fund Inc
Teamsters Joint Council No 25 Charitable Fund Inc is committed to raising and distributing funds to various charitable organizations, as chosen by the organization itself. This nonprofit's mission is centered around the idea of financial support for worthy causes, ensuring that these organizations can continue their work in helping those in need. By raising funds, Teamsters Joint Council No 25 Charitable Fund Inc plays a crucial role in the charitable sector, providing essential resources to organizations that make a difference in people's lives. By distributing these funds to selected charitable organizations, the nonprofit is able to contribute to a wide range of causes, ultimately improving the lives of many individuals.
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Impact
October, 2024
Teamsters Joint Council No 25 Charitable Fund Inc plays a significant role in supporting various charitable organizations by raising and distributing funds. Located in Willow Springs, IL, this organization focuses on identifying and selecting charitable causes that align with their mission. Through their philanthropic efforts, they empower numerous initiatives that contribute to the well-being of communities and individuals in need. Their impact extends beyond mere financial assistance, fostering a culture of giving and support for those facing challenges. This commitment to philanthropy not only aids charitable organizations but also inspires collective action within the community, creating a ripple effect of positive change.
This information is meant to be a general summary of Teamsters Joint Council No 25 Charitable Fund 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: $170,941
Assets and Liabilities:
- Total Assets: $1,087,849
- Total Liabilities: $0
- Net Assets: $1,087,849
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Organization Details
Founding Year
2021
Phone
(630) 755-2500Principal Officer
Thomas Stiede
Main Address
160 MARKET STREET, WILLOW SPRINGS, IL, 60480
Website
www.teamstersjc25.comNTEE Category
Code: T21 - Philanthropy
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