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Northwest Compass Inc

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

EIN: 363382832 ✦ Mount prospect, IL ✦ Designated as a 501(c)(3)

Overview

What is Northwest Compass Inc?

Northwest Compass Inc, located in Mount Prospect, Illinois, is a nonprofit organization dedicated to addressing youth homelessness in suburban Cook County. Their primary mission is to provide emergency services, education, and empowerment, fostering personal responsibility among vulnerable individuals or those in crisis. This is achieved through their Youth Homelessness Demonstration Program, which offers both transitional housing and rapid rehousing solutions. The organization, with a workforce of 22 employees, is committed to enhancing their community by offering these essential services.


Official website here: www.northwestcompass.org

Is Northwest Compass Inc legitimate?

Northwest Compass Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Compass 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: $138,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $757,653

For more financial information, click here


Official website here: www.northwestcompass.org

What is the mission statement of Northwest Compass Inc?

Northwest Compass Inc's mission is centered around enhancing its community by providing emergency services, education, and empowerment. This organization aims to foster personal responsibility in individuals who are vulnerable or in crisis. Through its initiatives, Northwest Compass Inc strives to make a significant impact, particularly in the area of youth homelessness. The Youth Homelessness Demonstration Program is one of their key initiatives, offering transitional housing and rapid rehousing for youth in suburban Cook County. This program is designed to help these young individuals regain stability and independence.


Official website here: www.northwestcompass.org

Who is the CEO of Northwest Compass Inc?

Sonia Ivanov is the Chair of Northwest Compass Inc.


Official website here: www.northwestcompass.org

What is the revenue of Northwest Compass Inc?

Northwest Compass Inc's revenue in 2022 was $2,992,337.


Official website here: www.northwestcompass.org

Who are the executives of Northwest Compass Inc and what are their salaries?

The average compensation at Northwest Compass Inc during 2022 was $40,712. There are 22 employees and 18 volunteers at Northwest Compass Inc.

Here are 11 key members and their salaries:

    Sonia Ivanov (Executive Director)
  • Compensation: $120,156
  • Related: $0
  • Other: $17,854

    • Brian Freiman (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dustin Korbus (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorena Duenez (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Freiman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Karsten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Petrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Gootee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Sachs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Hare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne T Lofthouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.northwestcompass.org

    Where can I find the form 990 for Northwest Compass Inc?

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


    Official website here: www.northwestcompass.org

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

    Mission Statement of Northwest Compass Inc

    Northwest Compass Inc, a nonprofit organization, is committed to enhancing its community by providing emergency services, education, and empowerment. This mission is geared towards individuals who are vulnerable or in crisis, encouraging personal responsibility. Through its activities and purpose, Northwest Compass Inc aims to foster a sense of self-reliance and resilience in those it serves.

    One of the ways Northwest Compass Inc achieves this mission is through its Youth Homelessness Demonstration Program. This program offers transitional housing and rapid rehousing for youth in suburban Cook County. By providing these services, Northwest Compass Inc helps young individuals navigate through a challenging period, offering them a safe and supportive environment to rebuild their lives. This program is a testament to the organization's commitment to empowering vulnerable individuals, enabling them to take control of their circumstances and build a brighter future.

    Impact

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




    Thursday, August 15, 2024

    Northwest Compass Inc's impact is significant in addressing youth homelessness in suburban Cook County. Through their Youth Homelessness Demonstration Program, they provide transitional housing and rapid rehousing for youth facing crisis situations. By offering these crucial services, Northwest Compass empowers vulnerable individuals to take personal responsibility for their situations. Their efforts not only support those in need but also enhance the community by providing essential emergency services and education to those who are most vulnerable.





    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: $5,439
  • Program Service Revenue: $46,599
  • Gross Receipts: $2,992,337

    • Assets and Liabilities:
  • Total Assets: $2,227,905
  • Total Liabilities: $633,306
  • Net Assets: $1,594,599
  • Programs

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

    PROGRAM RENT

    Revenue

    $46,599

    Organization Details

    Founding Year

    1985

    Principal Officer

    Sonia Ivanov

    Main Address

    1300 WEST NORTHWEST HIGHWAY, MOUNT PROSPECT, IL, 60056

    NTEE Category

    Code: P99 - Human services

    If you are a representative of Northwest Compass 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.