Overview
What is Chicago Sinai Congregation Foundation?
Chicago Sinai Congregation Foundation is a nonprofit organization, headquartered at 15 West Delaware Place, Chicago, Illinois. Its primary mission is to support the religious, charitable, and educational pursuits of Chicago Sinai Congregation, a public charity under Section 170(C)(1) of the Code. The foundation allocates its entire time and resources towards this objective, with decisions regarding distributions being made by its Board of Directors. In essence, the Chicago Sinai Congregation Foundation exists to further the benevolent causes and public purposes of its parent organization, Chicago Sinai Congregation.
Is Chicago Sinai Congregation Foundation legitimate?
Chicago Sinai Congregation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Sinai Congregation 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:
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What is the mission statement of Chicago Sinai Congregation Foundation?
The Chicago Sinai Congregation Foundation is dedicated to supporting the charitable aims of Chicago Sinai Congregation, a public charity under Section 170(C)(1) of the U.S. tax code. The organization's mission is to engage in activities that align with the charitable, religious, scientific, literary, educational, and public purposes of Chicago Sinai Congregation, as per Section 501(C)(3) and Section 170(C)(1) of the code respectively. The foundation makes distributions solely for the purpose of supporting these objectives, with the board of directors making decisions regarding such distributions. The foundation dedicates 100% of its time to this activity.
Who is the CEO of Chicago Sinai Congregation Foundation?
Marc Berman is the President of Chicago Sinai Congregation Foundation.
What is the revenue of Chicago Sinai Congregation Foundation?
Chicago Sinai Congregation Foundation's revenue in 2023 was $809,407.
Who are the executives of Chicago Sinai Congregation Foundation and what are their salaries?
There 5 volunteers at Chicago Sinai Congregation Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Chicago Sinai Congregation Foundation?
Chicago Sinai Congregation Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chicago Sinai Congregation Foundation
Chicago Sinai Congregation Foundation is an organization with a mission to support Chicago Sinai Congregation, a public charity under Section 170(C)(1) of the Code. The organization's role is to engage in activities that align with the charitable purposes of Chicago Sinai Congregation, which encompass religious, charitable, scientific, literary, educational, and public purposes, as defined by Section 501(C)(3) of the Code and Section 170(C)(1) of the Code, respectively. The Chicago Sinai Congregation Foundation makes distributions solely for the purpose of supporting the religious, charitable, and educational objectives of Chicago Sinai Congregation. The decisions regarding these distributions are made by the Board of Directors of the Foundation. The organization is fully committed to allocating 100% of its time to the activity described above.
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Impact
October, 2024
Chicago Sinai Congregation Foundation significantly enhances the religious, charitable, and educational mission of Chicago Sinai Congregation. By focusing entirely on making distributions that support these objectives, the Foundation facilitates a wide array of initiatives that enrich community engagement and spiritual development. This includes fostering religious practices, supporting educational programs, and promoting charitable activities that align with the values and beliefs of the congregation.
The Foundation's impact is evident in its commitment to the community, as it works to provide resources that enable programs and activities aimed at both individual growth and collective well-being. Through the strategic decisions made by its Board of Directors, the Foundation ensures that 100% of its efforts are directed toward fulfilling its mission, effectively serving the needs of the congregation and the broader community in Chicago.
In essence, the Chicago Sinai Congregation Foundation plays a vital role in sustaining and advancing the important work of Chicago Sinai Congregation, making a meaningful difference in the lives of its members and the community at large.
This information is meant to be a general summary of Chicago Sinai Congregation 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 2023.
- Investment Income: $26,748
- Gross Receipts: $931,812
Assets and Liabilities:
- Total Assets: $1,554,318
- Total Liabilities: $19,716
- Net Assets: $1,534,602
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Organization Details
Founding Year
2020
Phone
(312) 867-7000Principal Officer
Marc Berman
Main Address
15 W DELAWARE PLACE, CHICAGO, IL, 60610
NTEE Category
Code: X11 - Religion related
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