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Philos Foundation Inc

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

EIN: 362826768 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Philos Foundation Inc?

Philos Foundation Inc, headquartered in Chicago, Illinois, is a nonprofit organization committed to providing multiple levels of social support services to the community. With a staff of eight dedicated individuals, the foundation aims to positively impact the lives of people in need. While the organization has transitioned its programming, it continues to fund various social service providers, ensuring ongoing support for those who require assistance. The mission of Philos Foundation Inc remains steadfast, focusing on making a tangible difference in the community by offering a comprehensive range of social services.


Is Philos Foundation Inc legitimate?

Philos Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philos 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: $320,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,077

For more financial information, click here


What is the mission statement of Philos Foundation Inc?
Who is the CEO of Philos Foundation Inc?
What is the revenue of Philos Foundation Inc?
Who are the executives of Philos Foundation Inc and what are their salaries?
Where can I find the form 990 for Philos Foundation Inc?

Mission Statement of Philos Foundation Inc

Philos Foundation Inc, a community-focused organization, is dedicated to making a positive impact on the lives of people in the community by providing multiple levels of social services support. Their mission is geared towards enhancing the well-being of individuals, aiming to uplift and empower them in various aspects of their lives.

The organization takes a comprehensive approach to community service, channeling its resources and efforts towards supporting numerous social service providers. By doing so, Philos Foundation Inc aims to extend its reach and influence, ensuring that it can provide the necessary aid to as many people as possible within the community. This approach allows them to make a tangible difference in the lives of community members, offering hope and assistance when it is needed the most.

In essence, Philos Foundation Inc serves as a beacon of hope for those in need, offering a helping hand and a supportive ear to those who may be struggling. By providing multiple levels of social services support, they strive to create a ripple effect of positive change, fostering a stronger, more resilient community.

Impact

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




Monday, June 17, 2024

Philos Foundation Inc positively impacts the lives of people in the community by providing multiple levels of social services support. They work towards enhancing mental health and overall well-being through their programming and funding for various social services providers in Chicago, Illinois.





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 2023.

  • Investment Income: $-502,083
  • Program Service Revenue: $36,033
  • Gross Receipts: $39,919,154

    • Assets and Liabilities:
  • Total Assets: $29,159,187
  • Total Liabilities: $236,854
  • Net Assets: $28,922,333
  • Programs

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

    PRIVATE INSURANCE

    Revenue

    $36,033

    Organization Details

    Founding Year

    1974

    Principal Officer

    James P Mulligan

    Main Address

    750 N STATE STREET 7TH FLOOR, CHICAGO, IL, 60654

    NTEE Category

    Code: F220 - Mental health

    If you are a representative of Philos 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.