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Good News Partners

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

EIN: 363107283 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Good News Partners?

Good News Partners is a nonprofit organization dedicated to addressing housing needs for low-income individuals and families. They manage a diverse range of accommodations, including a 64-unit hotel, a co-op building, three apartment buildings, and a women's shelter, all situated to cater to this demographic. Their mission is centered around providing housing solutions, aiming to improve living conditions and offer support for those in need.


Official website here: www.goodnewspartners.org

Is Good News Partners legitimate?

Good News Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good News Partners 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $623,555

For more financial information, click here


Official website here: www.goodnewspartners.org

What is the mission statement of Good News Partners?

Good News Partners, as an organization, is dedicated to providing housing solutions for low-income individuals and families. They operate various facilities, including a 64-unit hotel, a co-op building, three apartment buildings, and a women's shelter, all aimed at catering to the housing needs of this demographic. The mission of Good News Partners is to contribute positively to the lives of these individuals, providing them with a safe and stable living environment.


Official website here: www.goodnewspartners.org

Who is the CEO of Good News Partners?

Kenneth Johnson is the Board Chair of Good News Partners.


Official website here: www.goodnewspartners.org

What is the revenue of Good News Partners?

Good News Partners's revenue in 2022 was $1,721,237.


Official website here: www.goodnewspartners.org

Who are the executives of Good News Partners and what are their salaries?

The average compensation at Good News Partners during 2022 was $24,261. There are 29 employees and 205 volunteers at Good News Partners.

Here are 6 key members and their salaries:

    Kenneth Johnson (Executive Director)
  • Compensation: $80,000
  • Related: $0
  • Other: $0

    • Mark Stringer (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Greenhow (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arthur Bud Ogle (President-Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Thompson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.goodnewspartners.org

    Where can I find the form 990 for Good News Partners?

    The Good News Partners’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.goodnewspartners.org

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

    Mission Statement of Good News Partners

    Good News Partners, a nonprofit organization, is committed to providing housing solutions for low-income individuals and families. Through its operations, it manages a 64-unit hotel, a co-op building, three apartment buildings, and a women's shelter, all of which cater to the housing needs of economically disadvantaged individuals and families. The organization's mission is to offer a safe and secure living environment, providing essential resources and support to help these individuals and families in their daily lives. Good News Partners' initiatives aim to foster a sense of community and stability, enabling its residents to focus on their personal growth and opportunities for a better future.

    Impact

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




    Thursday, August 15, 2024

    Good News Partners positively impacts the community by providing housing for low-income individuals and families in Chicago. This organization operates multiple housing facilities including a 64-unit hotel, a co-op building, three apartment buildings, and a women's shelter, all tailored to meet the needs of those facing financial challenges. Through their efforts, Good News Partners offers stability, security, and support to vulnerable populations, helping to address homelessness and provide a safe space for individuals and families to thrive.





    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: $0
  • Program Service Revenue: $790,387
  • Gross Receipts: $1,721,237

    • Assets and Liabilities:
  • Total Assets: $4,834,922
  • Total Liabilities: $3,781,193
  • Net Assets: $1,053,729
  • Programs

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

    PROGRAM SERVICE REVENU

    Revenue

    $790,387

    Organization Details

    Founding Year

    1980

    Principal Officer

    Kenneth Johnson

    Main Address

    1600 W JONQUIL TERRACE, CHICAGO, IL, 60626

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Good News Partners 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.