Chicago Cubs Charities

Cubs Charities

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

EIN: 363443543 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Chicago Cubs Charities?

Chicago Cubs Charities is a nonprofit organization, headquartered at 1060 West Addison Street, Chicago, Illinois 60613. Its primary mission is to leverage the power of sports to uplift youth, families, and communities. This is accomplished through various initiatives, including sports-based youth development and academic programs, investments in safe play areas, and strategic grantmaking. The organization raises funds through events like banquets, athletic contests, concerts, and other entertainment activities, along with the 50/50 raffle and messages displayed on the Cubs' video board. The income collected is utilized for their direct programs benefiting underprivileged children and youth in Chicago, as well as grants distributed to other charitable organizations within Chicago and beyond.


Official website here: www.cubscharities.org

Is Chicago Cubs Charities legitimate?

Chicago Cubs Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Cubs Charities 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: $109,970
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cubscharities.org

What is the mission statement of Chicago Cubs Charities?

Chicago Cubs Charities aims to harness the influence of sports to uplift youth, families, and communities. They accomplish this through initiatives that focus on sports-related youth development and education, investing in safe play areas, and strategic grant distribution. The organization aspires to be recognized for its significant contribution to fostering a love for sports and promoting a more harmonious and prosperous society, where all individuals, regardless of their background, have an equal chance to realize their full potential, both on and off the field.


Official website here: www.cubscharities.org

What is the revenue of Chicago Cubs Charities?

Chicago Cubs Charities's revenue in 2022 was $4,213,572.


Official website here: www.cubscharities.org

Who are the executives of Chicago Cubs Charities and what are their salaries?

Here are 11 key members and their salaries:

    Brooke Ricketts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecelia Ricketts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Peter Ricketts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura M Ricketts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susanne Shore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvie Legere (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas S Ricketts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alicia Gonzalez (V.P./Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crane H Kenney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Greifenkamp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael R Lufrano (V.P./Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cubscharities.org

    Where can I find the form 990 for Chicago Cubs Charities?

    The Chicago Cubs Charities’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cubscharities.org

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

    Mission Statement of Chicago Cubs Charities

    Chicago Cubs Charities aims to harness the influence of sports to promote youth, families, and communities. Through their mission, they accomplish this by engaging in sports-centric youth development and educational programs, investing in secure play areas, and executing strategic philanthropic contributions. Their ultimate objective is to establish Cubs Charities as a recognized entity, both domestically and internationally, for its commitment to fostering a love for sports and contributing to a more united and prosperous Chicago. In this urban environment, all youth, families, and communities are provided with an equal opportunity to attain their full potential, not only on the field but also in their everyday lives.

    Impact

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




    Thursday, August 15, 2024

    Chicago Cubs Charities is making a significant impact on youth, families, and communities in Chicago. By utilizing the power of sports, this organization champions the development and well-being of young people through various programs and initiatives. They support academic programming, create safe places for youth to play, and provide strategic grants to charitable organizations in both Chicago and beyond. Through fundraising events like banquets, athletic competitions, and raffles, Cubs Charities generates revenue that directly benefits underserved children and youth in the Chicago area. Their vision is to promote the love of sports and contribute to a more unified and prosperous Chicago, where every individual has an equal opportunity to reach their full potential both on and off the field.





    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: $8,779
  • Program Service Revenue: $180,300
  • Gross Receipts: $5,972,970

    • Assets and Liabilities:
  • Total Assets: $13,267,620
  • Total Liabilities: $1,856,736
  • Net Assets: $11,410,884
  • Programs

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

    Messageboard

    Revenue

    $180,300

    Organization Details

    Founding Year

    1986

    Main Address

    1060 West Addison Street, Chicago, IL, 60613

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Chicago Cubs Charities 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.