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Margarets Village

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

EIN: 363104655 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Margarets Village?

Margarets Village is a nonprofit organization situated in Chicago, Illinois, specifically at 7315 S YALE. Their primary mission is to offer comprehensive assistance to individuals who are clients of their organization, enabling them to locate and obtain necessary services and benefits. This assistance extends to Margarets Village's Believe Shelter, a transitional shelter accommodating up to 50 homeless women and their children. The shelter provides a safe environment, along with essential services such as counseling, nursing, basic education, and parenting classes. The nonprofit's workforce consists of 41 dedicated individuals.


Is Margarets Village legitimate?

Margarets Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margarets Village 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: $84,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,194,225

For more financial information, click here


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

Mission Statement of Margarets Village

Margaret's Village, a nonprofit organization, is committed to providing professional assistance to individuals who are its clients. Its mission is to help these individuals secure necessary services and benefits in various locations. To achieve this, the organization offers a 50-bed transitional shelter for homeless women and their children. Besides the shelter, Margaret's Village offers counseling, nursing, and basic education services. Additionally, the organization conducts parenting classes to equip mothers with the necessary skills to raise their children effectively. By providing these services, Margaret's Village aims to support its clients in their journey towards self-sufficiency and improved living conditions.

Impact

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




Thursday, August 15, 2024

Margarets Village has a significant impact on the community of Chicago, IL, by providing essential support and services to homeless women and their children. Through their Believe Shelter, they offer a safe haven with 50 beds and various resources such as counseling, nursing care, basic education, and parenting classes. By addressing the immediate needs of these vulnerable individuals, Margarets Village plays a crucial role in helping them transition out of homelessness and towards a more stable and self-sufficient future. Their work not only impacts the lives of their clients but also contributes to a stronger and more compassionate community.





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: $850
  • Program Service Revenue: $134,683
  • Gross Receipts: $1,778,399

    • Assets and Liabilities:
  • Total Assets: $837,425
  • Total Liabilities: $46,711
  • Net Assets: $790,714
  • Programs

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

    OUTREACH

    Revenue

    $134,683

    Organization Details

    Founding Year

    1980

    Principal Officer

    Angela Hicks

    Main Address

    7315 S YALE, CHICAGO, IL, 60621

    NTEE Category

    Code: X22Z - Religion related

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