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Springboard To Success Inc

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

EIN: 611745621 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Springboard To Success Inc?

Springboard To Success Inc, located in Chicago, Illinois, is a nonprofit organization dedicated to supporting Chicago Housing Authority (CHA) communities. Their primary focus is on assisting younger residents in achieving academic success, financial stability, and independence. The organization accomplishes this through funding various programs and initiatives. One of their significant contributions is the scholarship program, which in 2021 awarded 183 scholarships worth $1,000 each to current CHA residents enrolled in accredited post-secondary institutions, based on their academic merit, community involvement, and essay content. This scholarship program is just one of the ways Springboard To Success Inc aids CHA communities in their journey toward self-sufficiency and growth.


Official website here: www.s2schi.org

Is Springboard To Success Inc legitimate?

Springboard To Success Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springboard To Success 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.s2schi.org

What is the mission statement of Springboard To Success Inc?

Springboard To Success Inc's mission is centered around supporting communities affiliated with the Chicago Housing Authority. Their primary focus is on assisting younger residents, aiding them in achieving academic success, establishing financial stability, and achieving independence. The organization achieves this by funding various programs and initiatives. One of their initiatives includes a scholarship program, which in 2021, awarded 183 scholarships worth $1,000 each, to deserving residents, based on their academic merit, community involvement, and essay content. Springboard To Success Inc aims to positively impact the lives of these residents, helping them overcome challenges and build a prosperous future.


Official website here: www.s2schi.org

Who is the CEO of Springboard To Success Inc?

Kenneth Malone is the Board Chair of Springboard To Success Inc.


Official website here: www.s2schi.org

What is the revenue of Springboard To Success Inc?

Springboard To Success Inc's revenue in 2022 was $703,495.


Official website here: www.s2schi.org

Who are the executives of Springboard To Success Inc and what are their salaries?

Here are 14 key members and their salaries:

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

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

    • Diane Knoepke (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Velasco (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William J Dvorak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Hooberman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bethany Beaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelina Romero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Layton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Lee-Herbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.s2schi.org

    Where can I find the form 990 for Springboard To Success Inc?

    The Springboard To Success Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.s2schi.org

    Learn more at the official website: www.s2schi.org

    Mission Statement of Springboard To Success Inc

    Springboard To Success Inc, in its mission, focuses on funding programs and initiatives that specifically cater to the needs of Chicago Housing Authority (CHA) communities. The organization has a primary purpose of supporting these communities, particularly those that aid younger residents in their journey towards academic success, economic stability, and independence. Springboard To Success Inc accomplishes this by awarding scholarships to eligible CHA residents who are enrolled in accredited post-secondary institutions. In the year 2021, the organization granted 183 scholarships, each valued at $1,000, based on the academic merit, community involvement, and essay content of the applicants. This initiative reflects Springboard To Success Inc's commitment to empowering younger residents of CHA communities and providing them with the necessary resources to build a promising future.

    Impact

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




    Wednesday, July 24, 2024

    Springboard To Success Inc's impact is focused on supporting Chicago Housing Authority communities, particularly younger residents, on a pathway to academic success, economic stability, and independence. Through initiatives like scholarships, they provide financial support to current CHA residents enrolled in accredited post-secondary institutions. In 2021, they awarded a total of 183 scholarships valued at $1,000 each based on academic merit, community involvement, and essay content. This support helps CHA residents access education and opportunities that can lead to a brighter future.





    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: $8,117
  • Program Service Revenue: $21,176
  • Gross Receipts: $724,097

    • Assets and Liabilities:
  • Total Assets: $2,076,725
  • Total Liabilities: $0
  • Net Assets: $2,076,725
  • Programs

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

    Program Event Ticket Sale

    Revenue

    $21,176

    Organization Details

    Founding Year

    2014

    Principal Officer

    Kenneth Malone

    Main Address

    60 EAST VAN BUREN 1100, CHICAGO, IL, 60605

    NTEE Category

    Code: P80 - Human services

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