Great Lakes Academy Support Corporation

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

EIN: 853256985 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Great Lakes Academy Support Corporation?

Great Lakes Academy Support Corporation is a supporting organization, primarily established to aid Great Lakes Academy Inc. located in Chicago, Illinois. The primary function of this corporation is to construct and lease a new school building to Great Lakes Academy Inc., its sole member. The corporation operates exclusively for the benefit of Great Lakes Academy Inc., carrying out its functions and fulfilling its purposes. While the description does not provide specific details about the corporation's activities or impact, its mission is clear in supporting the educational endeavors of Great Lakes Academy Inc.


Official website here: www.glachicago.org

Is Great Lakes Academy Support Corporation legitimate?

Great Lakes Academy Support Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Lakes Academy Support Corporation 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.glachicago.org

What is the mission statement of Great Lakes Academy Support Corporation?

Great Lakes Academy Support Corporation is established with the primary objective of benefiting Great Lakes Academy Inc. Its purpose is to carry out the functions and fulfill the goals of Great Lakes Academy Inc. This supporting organization is specifically tasked with constructing and leasing a new school building to Great Lakes Academy Inc., thereby aiding in the realization of its educational mission. The corporation operates with the sole intention of advancing the objectives and purposes of its parent organization, Great Lakes Academy Inc.


Official website here: www.glachicago.org

Who is the CEO of Great Lakes Academy Support Corporation?

Katherine Myers-Crum is the President of Great Lakes Academy Support Corporation.


Official website here: www.glachicago.org

What is the revenue of Great Lakes Academy Support Corporation?

Great Lakes Academy Support Corporation's revenue in 2022 was $454,875.


Official website here: www.glachicago.org

Who are the executives of Great Lakes Academy Support Corporation and what are their salaries?

There 5 volunteers at Great Lakes Academy Support Corporation.


Here are 5 key members and their salaries:


Katherine Myers-Crum (President)
  • Compensation: $0
  • Related: $179,813
  • Other: $0
Michael Mesterharm (Treasurer)
  • Compensation: $0
  • Related: $114,846
  • Other: $5,742
John Washington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kraus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Harmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.glachicago.org

Where can I find the form 990 for Great Lakes Academy Support Corporation?

Great Lakes Academy Support Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.glachicago.org

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

Mission Statement of Great Lakes Academy Support Corporation

Great Lakes Academy Support Corporation, as a supporting organization, is dedicated to serving the purpose and functions of Great Lakes Academy Inc. Its primary mission is to construct and lease a new school building to Great Lakes Academy Inc., the sole member of this support corporation. This mission aligns with the overall goal of providing a conducive learning environment for the students of Great Lakes Academy Inc., ensuring their educational growth and development. By constructing and leasing a new school building, Great Lakes Academy Support Corporation plays a crucial role in supporting the educational mission of its parent organization.

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Impact




October, 2024

Great Lakes Academy Support Corporation significantly impacts education by focusing on the construction and leasing of a new school building for Great Lakes Academy Inc. This effort directly enhances the learning environment for students, providing modern facilities designed to support diverse educational needs. By ensuring that Great Lakes Academy Inc. has the necessary infrastructure, the organization reinforces the quality of education delivered, allowing educators to provide innovative and effective teaching methods. Ultimately, Great Lakes Academy Support Corporation plays a crucial role in fostering academic success and community development in Chicago.




This information is meant to be a general summary of Great Lakes Academy Support Corporation. 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
$454,875 (2022)
20212022$0$150k$300k$450k$600k
Expenses
$469,007 (2022)
20212022$0$500k$1M$1.5M$2M
Efficiency
202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $75
  • Program Service Revenue: $454,800
  • Gross Receipts: $454,875

Assets and Liabilities:

  • Total Assets: $14,934,740
  • Total Liabilities: $13,913,091
  • Net Assets: $1,021,649

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INC - RELATED ORG

Revenue

$454,800

Organization Details

Founding Year

2020

Principal Officer

Katherine Myers-Crum

Main Address

8401 SOUTH SAGINAW, CHICAGO, IL, 60617

NTEE Category

Code: B11 - Education

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