Better Business Bureau Report for
Greater Chicago Food Depository

Better Business Bureau Report issued May 2014
Better Business Bureau Report expires May 2016


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: Provide food for hungry people while starving to end hunger in the community.

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Evaluation Conclusions

              

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

              

Food Bank programs alleviate hunger in Cook County, Illinois through solicitation, storage, and distribution of donated and purchased food through a network of over 600 agencies.

For the fiscal year ended June 30, 2013, Greater Chicago Food Depository's program expenses were:

  
Contributed Food Distributed 72,946,798
Food Bank Operations 27,447,454
Total Program Expenses: $100,394,252
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Governance

              

Chief Executive : Katherine Maehr, CEO
Compensation*: 
$305,917

Chair of the Board: PATRICK M. MULHERN
Chair's Profession / Business Affiliation: President, Mulhern Food Advisory

Board Size: 26

Paid Staff Size: 153

*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, radio, grant proposals, internet, cause-related marketing
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $111,115,818, 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, 2013.

Source of Funds  
Contributed food received 78,081,874
Contributions and Grants 26,854,921
Fee and grants from government agencies 6,179,023
Feeding program revenue 3,464,372
investment income 2,075,278
other income 51,264
Total Income $116,706,732


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Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: 3%  Administrative: 3% 

Total income $116,706,732
Program expenses $100,394,252
Fund raising expenses 3,496,685
Administrative expenses 3,738,325
Total expenses $107,629,262
Income in Excess of Expenses 9,077,470
Beginning net assets 70,206,951
Ending net assets 79,284,421
Total liabilities 3,005,763
Total assets $82,290,184


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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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