The Lasalle Foundation

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

EIN: 363511457 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is The Lasalle Foundation?

The Lasalle Foundation is a nonprofit organization situated in Chicago, Illinois, specifically at 1111 N. Wells Street. Its primary role involves managing and owning a building, which serves as a shared space for various 501(C)(3) organizations. These nonprofits, including an educational child care center, organizations providing youth programs, and a high school for disadvantaged students, occupy this building and contribute towards its operational expenses. The Lasalle Foundation's mission aligns with supporting these organizations, enabling them to deliver educational and charitable programs to the wider community. The foundation's team consists of eight dedicated individuals.


Official website here: www.lasallestreetchurch.org

Is The Lasalle Foundation legitimate?

The Lasalle Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lasalle Foundation 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: $0
Other Salaries and Wages: $295,389

For more financial information, click here


Official website here: www.lasallestreetchurch.org

What is the mission statement of The Lasalle Foundation?

The Lasalle Foundation's primary role is to manage a building, known as the Cornerstone Center, for a group of 501(c)(3) organizations. These organizations, which include a child care center, educational programs for youth, and a high school for disadvantaged students, utilize the space to provide educational and charitable programs for the public. The foundation facilitates this by overseeing the building's operations, with each occupant contributing their share of the building's expenses. While the Lasalle Foundation does not have a traditional mission statement in the sense of promoting specific causes or goals, its function is to support these charitable organizations in their endeavors.


Official website here: www.lasallestreetchurch.org

Who is the CEO of The Lasalle Foundation?

Rev Randall K Blakey is the President of The Lasalle Foundation.


Official website here: www.lasallestreetchurch.org

What is the revenue of The Lasalle Foundation?

The Lasalle Foundation's revenue in 2022 was $840,123.


Official website here: www.lasallestreetchurch.org

Who are the executives of The Lasalle Foundation and what are their salaries?

The average compensation at The Lasalle Foundation during 2022 was $36,924. There are 8 employees at The Lasalle Foundation.

Here are 4 key members and their salaries:

    Rev Randall K Blakey (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $85,400

    • Scott Blim (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Metz (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Campbell (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lasallestreetchurch.org

    Where can I find the form 990 for The Lasalle Foundation?

    The The Lasalle Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lasallestreetchurch.org

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

    Mission Statement of The Lasalle Foundation

    The Lasalle Foundation is committed to supporting a group of nonprofit organizations by owning and managing a building that houses their operations. This building, known as the Cornerstone Center, is beneficial to these organizations as they provide educational and charitable programs for the general public. Among the occupants are a child care center, educational programs for youth, and a high school specifically designed for disadvantaged students. The Lasalle Foundation ensures that these organizations cover their respective shares of the building's operating expenses. By doing so, it contributes to the provision of essential services to the community, including early childhood education, youth development, and secondary education for those in need.

    Impact

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




    Thursday, August 15, 2024

    The Lasalle Foundation's impact is significant in Chicago, IL, as it owns and manages the Cornerstone Center building for the benefit of a group of 501(c)(3) organizations. These organizations provide educational and charitable programs for the general public, including a child care center, educational programs for youth, and a high school for disadvantaged students. By facilitating a space for these organizations to operate, The Lasalle Foundation plays a crucial role in supporting community improvement initiatives and ensuring access to essential services for those in need.





    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: $538
  • Program Service Revenue: $788,468
  • Gross Receipts: $840,123

    • Assets and Liabilities:
  • Total Assets: $4,958,951
  • Total Liabilities: $870,663
  • Net Assets: $4,088,288
  • Programs

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

    PROGRAM SERVICE REVENU

    Revenue

    $788,468

    Organization Details

    Founding Year

    1987

    Principal Officer

    Rev Randall K Blakey

    Main Address

    1111 N WELLS ST 500, CHICAGO, IL, 60610

    NTEE Category

    Code: S80 - Community improvement

    If you are a representative of The Lasalle Foundation 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.