nonprofit logo

Monroe Foundation

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

EIN: 363787503 ✦ Hillside, IL ✦ Designated as a 501(c)(3)

Overview

What is Monroe Foundation?

The Monroe Foundation, located in Hillside, Illinois, serves as a resource for neighborhood and community development. With a team of just two dedicated individuals, they offer workshops, seminars, individual business consulting, and referral services to both nonprofit and profit entities. They have recently received a grant of $191,833 from the Illinois Criminal Justice Information Authority to enhance their services for returning offenders. This foundation is committed to making a positive impact in their community by providing these valuable resources.


Official website here: www.themonroefoundation.org

Is Monroe Foundation legitimate?

Monroe Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monroe 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,923

For more financial information, click here


Official website here: www.themonroefoundation.org

What is the mission statement of Monroe Foundation?

The Monroe Foundation's mission is centered around promoting neighborhood and community development. They accomplish this through organizing workshops, seminars, providing individual business consulting, and offering referral services, specifically tailored for nonprofit and profit entities. Their mission is to enhance the development of communities by offering these services. Additionally, the foundation has received a grant of $191,833 from the Illinois Criminal Justice Information Authority to provide services to returning offenders, further demonstrating their commitment to community development.


Official website here: www.themonroefoundation.org

Who is the CEO of Monroe Foundation?

Athena Williams is the Chair of Monroe Foundation.


Official website here: www.themonroefoundation.org

What is the revenue of Monroe Foundation?

Monroe Foundation's revenue in 2023 was $614,111.


Official website here: www.themonroefoundation.org

Who are the executives of Monroe Foundation and what are their salaries?

The average compensation at Monroe Foundation during 2023 was $48,962. There are 2 employees and 6 volunteers at Monroe Foundation.

Here are 9 key members and their salaries:

    Otis Monroe (President)
  • Compensation: $85,000
  • Related: $0
  • Other: $0

    • Jurellene Ribsby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anibal Vega (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul A Labonne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Athena Williams (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fabiola Cadish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Muhammad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Devonta Boston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Hardrict (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.themonroefoundation.org

    Where can I find the form 990 for Monroe Foundation?

    The Monroe Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.themonroefoundation.org

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

    Mission Statement of Monroe Foundation

    The Monroe Foundation is dedicated to promoting neighborhood and community development. They achieve this goal through conducting workshops, seminars, providing individual business consulting, and offering referral services to both nonprofit and profit entities. The organization's mission is to contribute to the betterment of communities by offering these services, aiming to foster growth and development within these organizations. Recently, the Illinois Criminal Justice Information Authority granted the Monroe Foundation $191,833 to expand its services and support to returning offenders.

    Impact

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




    Wednesday, July 24, 2024

    Monroe Foundation has a significant impact on neighborhood community development in Hillside, Illinois. Through workshops, seminars, individual business consulting, and referral services, they provide valuable support to nonprofit and profit entities in the area. Their work is further reinforced by executing grants, such as the $191,833 awarded by the Illinois Criminal Justice Information Authority to provide services to returning offenders. The foundation's dedication to neighborhood and community development is evident in their mission and activities, making a tangible difference in the lives of individuals and organizations within the 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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $614,111

    • Assets and Liabilities:
  • Total Assets: $101,492
  • Total Liabilities: -$393
  • Net Assets: $101,885
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Athena Williams

    Main Address

    1547 South Wolf Rd, Hillside, IL, 60162

    NTEE Category

    Code: X99J - Religion related

    If you are a representative of Monroe 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.