Prosper Chicago Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850610320 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Prosper Chicago Inc?

Prosper Chicago Inc is a nonprofit organization located in Chicago, Illinois. Their primary mission is to combat food insecurity by purchasing to-go meals from local restaurants. This initiative not only aids these businesses in generating revenue and maintaining their workforce but also ensures that families and individuals in need can access nutritious meals without any stigma. The meals are collected directly from the participating restaurants, providing a convenient solution for those in need.


Official website here: www.prosperchicago.org

Is Prosper Chicago Inc legitimate?

Prosper Chicago Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prosper Chicago Inc submitted a form 990EZ, 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.


Official website here: www.prosperchicago.org

What is the mission statement of Prosper Chicago Inc?

Prosper Chicago Inc has a mission to address food insecurity by procuring take-out meals from local Chicago restaurants. This initiative not only aids the restaurants in boosting their revenue and retaining staff but also offers meals to families and individuals in need, free of stigma. By supporting these restaurants, Prosper Chicago Inc contributes to the community, ensuring that both the vulnerable population and local businesses benefit. The organization's activities contribute to fostering a sense of unity and support within the community.


Official website here: www.prosperchicago.org

Who is the CEO of Prosper Chicago Inc?

Unavailable


Official website here: www.prosperchicago.org

What is the revenue of Prosper Chicago Inc?

Prosper Chicago Inc's revenue in 2022 was $110,848.


Official website here: www.prosperchicago.org

Who are the executives of Prosper Chicago Inc and what are their salaries?


Here are 3 key members and their salaries:


Jonathan Shulkin (Pres./Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Carpenter (Treas./Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Welch (Sec./Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prosperchicago.org

Where can I find the form 990EZ for Prosper Chicago Inc?

Prosper Chicago Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.prosperchicago.org

Learn more at the official website: www.prosperchicago.org

Mission Statement of Prosper Chicago Inc

Prosper Chicago Inc, a not-for-profit organization, is dedicated to addressing food insecurity within the community. Its mission is multifaceted, aiming to both provide nutritious meals to families and individuals in need and support local Chicago area restaurants. By purchasing to-go meals from these establishments, Prosper Chicago boosts their revenue and helps them maintain their workforce. The meals are then distributed to the recipients, ensuring they receive nourishment without any associated stigma. The pick-up process takes place directly at the restaurants, fostering a sense of community and mutual support between the organization and the businesses.

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Impact




October, 2024

Prosper Chicago Inc significantly impacts both the community and local economy by addressing food insecurity in the Chicago area. By purchasing to-go meals from local restaurants, the initiative provides essential support to families and individuals facing hunger while simultaneously revitalizing the dining industry. This approach not only supplies nutritious food to those in need but also generates revenue for restaurants, allowing them to maintain operations and retain staff.

The program fosters a stigma-free environment where individuals can access meals directly from participating restaurants, ensuring dignity in the process of receiving assistance. As a result, Prosper Chicago strengthens community ties, uplifts local businesses, and creates a more resilient food system in Chicago. This dual benefit creates a cycle of support that nourishes both the body and the local economy, making a measurable difference in the lives of many.




This information is meant to be a general summary of Prosper Chicago 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.

Revenue
$110,848 (2022)
Expenses
$168,811 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $110,848

Assets and Liabilities:

  • Total Assets: $66,973
  • Total Liabilities: $10,596
  • Net Assets: $56,377

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Organization Details

Main Address

1901 N CLYBOURN AVE 401, CHICAGO, IL, 60614

NTEE Category

Code: K30 - Food

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