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Gw Foundation Inc

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

EIN: 237128924 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Gw Foundation Inc?

Gw Foundation Inc, based in Chicago, Illinois, is a national non-profit organization with a mission to combat substance abuse and co-occurring mental health issues. The foundation manages the investments, debts, and properties of several related organizations, which are 501(c)(3) entities providing drug and alcohol prevention and rehabilitation services through various residential and outpatient programs and facilities. This philanthropic body is dedicated to reducing the prevalence of these issues through efficient and effective treatment programs.


Official website here: www.recovergateway.org

Is Gw Foundation Inc legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,176

For more financial information, click here


Official website here: www.recovergateway.org

What is the mission statement of Gw Foundation Inc?

The Gw Foundation Inc, a national non-profit organization, is dedicated to addressing substance abuse and co-occurring mental health issues. Their mission is to provide effective and efficient treatment programs to combat these challenges. By holding the investments and properties of its related organizations, which are tax-exempt and offer drug and alcohol prevention, as well as rehabilitation services through residential and outpatient programs and facilities, the foundation aims to make a significant impact in reducing these issues nationwide.


Official website here: www.recovergateway.org

Who is the CEO of Gw Foundation Inc?

Jeremy Klemanski is the Principal Officer of Gw Foundation Inc. The CEO's salary of Gw Foundation Inc is $0 and their total compensation is $309,379.


Official website here: www.recovergateway.org

What is the revenue of Gw Foundation Inc?

Gw Foundation Inc's revenue in 2022 was $9,714,845.


Official website here: www.recovergateway.org

Who are the executives of Gw Foundation Inc and what are their salaries?

Here are 4 key members and their salaries (Gw Foundation Inc's CEO's salary is $0 and their total compensation is $309,379):

    Dr Thomas P Britton Phd (President & Ceo (Until 02/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $669,548
  • Other: $44,967

    • Tomas Del Rio (Cfo) [Trustee/Director]
  • Compensation: $0
  • Related: $321,899
  • Other: $32,011

    • Marc C Turner (Interim Pres. & Ceo (As Of 02/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $291,047
  • Other: $18,332

    • Patricia Aitken (Chro) [Trustee/Director]
  • Compensation: $0
  • Related: $280,556
  • Other: $19,547


  • Official website here: www.recovergateway.org

    Where can I find the form 990 for Gw Foundation Inc?

    The Gw Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.recovergateway.org

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

    Mission Statement of Gw Foundation Inc

    G.W. Foundation, Inc. is a dedicated national non-profit organization, striving to make a significant impact by addressing substance abuse and co-occurring mental health issues. Their mission is centered around reducing these problems through the implementation of effective and efficient treatment programs. By doing so, they aim to create a positive change in individuals' lives, offering hope and a path towards recovery. The organization's work extends to various related entities, all of which are 501(c)(3) organizations, providing a range of drug and alcohol prevention and rehabilitation services through residential and outpatient programs and facilities. These programs are designed to offer a comprehensive approach to treatment, ensuring that those in need receive the care and support they require on their journey towards recovery.

    Impact

    This information is meant to be a general summary of Gw Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Tuesday, June 18, 2024

    G.W. Foundation Inc has a significant impact on reducing substance abuse and co-occurring mental health problems through its effective and efficient treatment programs. This national non-profit organization in Chicago, IL, holds the investments, indebtedness, and property of tax-exempt related organizations that provide drug and alcohol prevention and rehabilitation services. By focusing on these crucial areas, G.W. Foundation Inc plays a vital role in improving the lives of individuals struggling with addiction and mental health issues, ultimately contributing to healthier communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $3,899,875
  • Program Service Revenue: $5,814,970
  • Gross Receipts: $57,143,801

    • Assets and Liabilities:
  • Total Assets: $100,882,389
  • Total Liabilities: $3,188,760
  • Net Assets: $97,693,629
  • Programs

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

    Program Service/Rental Income

    Revenue

    $5,814,970

    Organization Details

    Founding Year

    1970

    Principal Officer

    Jeremy Klemanski

    Main Address

    55 East Jackson Blvd 1500, Chicago, IL, 60604

    NTEE Category

    Code: F120 - Mental health

    If you are a representative of Gw Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.