Better Business Bureau Report for
Greater Chicago Food Depository

Better Business Bureau Report issued April 2012
Better Business Bureau Report expires April 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Greater Chicago Food Depository
Address: 4100 West Ann Lurie Place
  Chicago , IL 60632
Phone: 773-247-3663
Web Address: www.chicagofoodbank.org
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Better Business Bureau Comments

Year, State Incorporated: 1978, Illinois
Affiliates: None
Stated Purpose: Providing food for hungry people while striving to end hunger in our community.

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Evaluation Conclusions

               

Greater Chicago Food Depository meets the 20 Standards for Charity Accountability.
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Programs

               

The Greater Chicago Food Depository, Chicago’s food bank, is a nonprofit food distribution and training center providing food for hungry people while striving to end hunger in the community. The Food Depository distributes donated and purchased food through a network of 600 pantries, soup kitchens and shelters to 500,000 adults and children in Cook County every year.

For the fiscal year ended June 30, 2011, Greater Chicago Food Depository's program expenses were:

  
Contributed food distributed 53,075,038
Food Bank Operations 24,309,557
Total Program Expenses: $77,384,595
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Governance

               

Chief Executive : Kate Maehr, Chief Executive Officer
Compensation*:
 $237,946

Chair of the Board: Leonardo D. Gilbert
Chair's Profession / Business Affiliation: Pastor

Board Size: 28

Paid Staff Size: 156

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, cause-related marketing
Fund raising costs were 4% of related contributions. (Related contributions, which totaled $73,927,172, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on Greater Chicago Food Depository's audited financial statements for the fiscal year ended June 30, 2011.

Source of Funds  
Contributed food received 52,974,861
Contributions and grants 20,952,311
Fees and grants from government agencies 9,071,210
Investment income 3,827,303
Purchased food by agencies 2,370,246
Handling fee paid by agencies 676,139
Other 37,795
Total Income $89,909,865


chart



Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: 4%  Administrative: 3% 

Total income   $89,909,865
  Program expenses $77,384,595
  Fund raising expenses 3,250,926
  Administrative expenses 2,488,144
 
Total expenses   $83,123,665
Income in Excess of Expenses   6,786,200
Beginning net assets   56,872,301
Other Changes in Net Assets (13,401)
Ending net assets   63,645,100
Total liabilities   4,267,982
Total assets   $67,913,082


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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