Celesterling Foundation

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

EIN: 853672498 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Celesterling Foundation?

The Celesterling Foundation is a charitable organization based in Illinois, primarily focused on providing assistance to homeless individuals and families. In furtherance of their charitable purpose, they have applied for and received tax credits for housing development from the Illinois Housing Development Authority. Notably, they have not reported any monetary grants received or expenses incurred during the last fiscal year. The Foundation's mission remains dedicated to offering support for those in need, with the ultimate goal of helping them secure stable housing.


Official website here: www.phx-nfp.org

Is Celesterling Foundation legitimate?

Celesterling Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Celesterling Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $136,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $487,450

For more financial information, click here


Official website here: www.phx-nfp.org

What is the mission statement of Celesterling Foundation?

The Celesterling Foundation's mission is centered around aiding homeless individuals and families, as they have applied for tax credits for housing development from the Illinois Housing Development Authority to further their exempt purpose. Although no monetary grants were received or expenses incurred during the fiscal year, their intention remains clear: to provide assistance to those in need of shelter.


Official website here: www.phx-nfp.org

What is the revenue of Celesterling Foundation?

Celesterling Foundation's revenue in 2024 was $2,285,422.


Official website here: www.phx-nfp.org

Who are the executives of Celesterling Foundation and what are their salaries?

The average compensation at Celesterling Foundation during 2024 was $48,014. There are 13 employees at Celesterling Foundation.

Here are 6 key members and their salaries:


Sherri Allen Reeves (Executive Director)
  • Compensation: $136,731
  • Related: $0
  • Other: $0
Ron Archie (Treasurer)
  • Compensation: $3,800
  • Related: $0
  • Other: $0
Celestine Gildersleeve (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Haynes (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariusz Misiewicz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margarita Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phx-nfp.org

Where can I find the form 990 for Celesterling Foundation?

Celesterling Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.phx-nfp.org

Learn more at the official website: www.phx-nfp.org

Mission Statement of Celesterling Foundation

The Celesterling Foundation, a charitable organization, has a mission to aid homeless individuals and families. In pursuit of this mission, they have applied for and successfully obtained tax credits for housing development from the Illinois Housing Development Authority. These credits are utilized to further the Foundation's exempt purpose. The Celesterling Foundation does not incur any monetary grants or expenses during this fiscal year in relation to this mission. In essence, the Foundation is dedicated to using these resources to provide housing assistance, thus offering a lifeline to those in need.

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Impact




June, 2024

The impact of the Celesterling Foundation is evident in its efforts to assist homeless individuals and families through housing development initiatives. This includes successfully applying for and receiving tax credits from the Illinois Housing Development Authority to support these projects. By focusing on providing housing solutions for those in need, the foundation plays a crucial role in addressing homelessness and supporting the mental health and well-being of vulnerable populations in Chicago, IL.




This information is meant to be a general summary of Celesterling 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.

Revenue
$2,285,422 (2024)
Expenses
$2,229,944 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $2,285,422

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Principal Officer

Sterling Gildersleeve

NTEE Category

Code: F20 - Mental health

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