2021-05-14T15:29:23-05:00 2020-06-30 363321958 Desmond & Ahern Ltd 10827 S Western Avenue Chicago IL 60643 990 2019-07-01 363673980 Inspiration Corporation INSP 7738780981 4554 N Broadway No 207 Chicago IL 60640 Shannon K Stewart Executive Director 7738780981 2021-05-14 1 Paul Betlinski P01960501 7737794720 2021-05-14 2019 2022-09-23 18:48:47Z Shannon K Stewart 4554 N Broadway No 207 Chicago IL 60640 3868965 0 X www.inspirationcorp.org X 1989 IL Social services, employment training and placement, and housing for homeless people 18 18 61 650 0 0 3278624 3427618 443741 305756 3265 0 75396 90633 3801026 3824007 558288 855462 0 0 2111986 2112902 0 0 404160 1247862 1107938 3918136 4076302 -117110 -252295 2542209 2533024 721278 964388 1820931 1568636 X Inspiration Corporation's mission is to help people who are affected by homelessness and poverty, to improve their lives and increase self-sufficiency through the provision of social services, employment training and placement, and housing. Additionally, the Foodservice Training program, operated within Inspiration Corporation's restaurants, provides skill-specific job training and employment placement.5840 S. Dr. Martin Luther King Jr. Drive, LLC provides affordable and permanent supportive housing to low-income families, including those experiencing homelessness, in Chicago. 0 0 1612903 789067 155079 Housing Services program provides formerly homeless individuals and families with an apartment and the wraparound services and support they need to make their new place a home.Case managers connect with individuals and families experiencing homelessness, help them identify a new home, and work with their new landlord to make sure that they transition smoothly into their unit. We strive to help our participants increase their self-sufficiency with the ultimate goal of helping them exit poverty for good.We work with more than 100 households and landlords, administering rental subsidies paid through federal and state contracts. Each contract requires us to match a percentage of the total amount with funds raised from private donors. 1233133 55340 182442 Job training is located in Chicago's East Garfield Park neighborhood. Inspiration Kitchens, our restaurant and Foodservice Training program site has offered low-income individuals the opportunity to learn to cook professionally at a restaurant open to the paying public, helping them gain the skills and experience they need in the food service industry.Our 12-week program is free to participants, and includes hands-on instruction, kitchen demonstrations, classroom culinary instruction, nutrition education, and employment and life skills classes. We also provide them with the services they need to overcome obstacles like homelessness, criminal backgrounds, mental or physical disabilities, substance addictions, and mental illness.The Lori Jericho Memorial Education Fund links individuals to vocational training or education programs. We provide limited scholarships and financial support for textbooks, entrance exams and other related expenses. 519901 11055 Inspiration Corporation's first program, Inspiration Cafe, serves hot, nutritious meals to our participants in an atmosphere of dignity and respect. Our cafe is open to our participants every day of the year and operates like any other full-service restaurant in the city. More than just a place to eat, Inspiration Cafe is a refuge from the streets where participants can connect with fellow diners, volunteers, and staff, and form a supportive community. During times of COVID-19 dining restrictions, Inspiration Cafe transitioned to distributing daily to-go meals which included one hot meal and one cold meal each day.Homeless Outreach Services provides basic street outreach to those who are experiencing homelessness or are at risk of experiencing homelessness in and around the Uptown neighborhood of Chicago. Needs assessments are performed and resources provided related to mental health, benefits eligibility, housing, employment, medical care, and substance use with the ultimate goal of assisting clients in obtaining safe, suitable housing. 3365937 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 4 0 1 61 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X Kimberly Davis 7738780981 4554 N Broadway Suite 207 Chicago IL 60640 Elisabeth Payne Chair 5.00 X X 0 0 0 Vinu Ramasamy Vice Chair-Program Develop 5.00 X X 0 0 0 Larissa Chaikowsky Vice Chair-Board Developme 5.00 X X 0 0 0 Kristen Nomura Vice Chair-External Relati 5.00 X X 0 0 0 Bill Pekin Treasurer 5.00 X X 0 0 0 Emily Blum Secretary 5.00 X X 0 0 0 Lisa Jericho Director 1.00 X 0 0 0 April Williams Director 1.00 X 0 0 0 Lisa Hampton Director 1.00 X 0 0 0 Ann O'Shaughnessy Director 1.00 X 0 0 0 Natalie Lynch Director 1.00 X 0 0 0 George Semaan Director 1.00 X 0 0 0 Bill Sitter Director 1.00 X 0 0 0 Travis Hughes Director 1.00 X 0 0 0 John Bernard Potter Director 1.00 X 0 0 0 John Bankhurst Director 1.00 X 0 0 0 Kaitlin Roe Director 1.00 X 0 0 0 Shannon K Stewart MSW Executive Director 40.00 X X 111909 0 7285 Blake Overlock Director 1.00 X 0 0 0 John Shapiro Director 1.00 X 0 0 0 Kimberly Davis Chief Financial Officer 40.00 X 79536 0 7951 191445 0 15236 1 0 0 0 0 224367 57934 1701342 1443975 300219 3427618 Inspiration Kitchens 900099 182442 182442 Housing 532000 72875 72875 Rent King Drive 532000 50439 50439 305756 103826 57934 44958 58868 58868 Other 900099 31765 31765 31765 3824007 337521 0 58868 855462 855462 228577 101198 114729 12650 1583032 1271983 71255 239794 6088 5045 218 825 141255 115220 8077 17958 153950 110761 22251 20938 7714 7714 21705 21705 105981 85748 16378 3855 4488 3074 1414 170205 134110 8995 27100 277930 232861 18585 26484 9479 8444 322 713 41195 25068 3833 12294 168159 163660 1253 3246 62491 46713 11085 4693 Program supplies 146363 127487 1197 17679 Food supplies 62687 62687 Special event 14142 14142 Staff development 6295 5015 965 315 9104 3687 5357 60 4076302 3365937 306205 404160 67108 231920 30576 225602 675580 367860 25650 29717 15773 16056 3362054 1700185 1727522 1661869 2542209 2533024 233612 137986 407471 203540 80195 622862 721278 964388 X 1261956 1513636 558975 55000 1820931 1568636 2542209 2533024 -252295 0 X X 0 1 X 1 1 1 X 3702261 2483876 3256232 3278624 3427618 16148611 3702261 2483876 3256232 3278624 3427618 16148611 1054140 15094471 560 246 74 3265 4145 16152756 2339378 0.93450 0.93610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60000 60000 2618710 1173349 1445361 502016 387671 114345 181328 139165 42163 1661869 Security deposit 4098 Refundable advance 207106 Reserve requirement 25163 Payment protection loan 386495 622862 X 3948371 187051 187051 3761320 62687 62687 3824007 4200666 187051 187051 4013615 62687 62687 4076302 Part X, Line 2: FIN48 Note from Audited Financial Statements The Organization was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Organization qualifies for the charitable contribution deduction and has been classified as an organization that is not a private foundation under Section 509(a)(1). The tax-exempt purpose of the Organization and the nature in which it operates is described above. The Organization continues to operate in compliance with its tax-exempt purpose. Management believes that it did not engage in any unrelated business activities; as such, no provision for income tax has been provided for in the financial statements. The Organization's Form 990, Return of Organization Exempt from Income Tax, are subject to examination by the IRS, generally for three years after filing. Part XI, Line 4b - Other Adjustments: Food supplies 62,687. Part XII, Line 4b - Other Adjustments: Food supplies 62,687. One Inspired Evening 161760 57934 103826 44958 161760 57934 103826 44958 44958 58868 1 Housing subsidies 76 726392 Direct support 400 129070 Part I, Line 2: The Organization follows federal compliance requirements from the US Department of Housing and Urban Development in administering its assistance programs for low income individuals. Lisa Hampton Board member of Inspiration Corporation 334739 Lisa is employed with the City of Chicago DFSS as Director of Prevention and Intervention, Inspiration Corporation receives government grants/contracts from DFSS. 0 X 2 265056 X 55 35163 0 0 0 Form 990, Part VI, Section B, line 11b Management reviewed the 990 and related schedules prepared by an independent CPA firm. The 990 was provided electronically to the Financial Advisory Committee and the Board of Directors prior to filing. The Board Members had the opportunity to review the return and ask questions. Form 990, Part VI, Section B, line 12c Each board member is required to sign a conflict of interest disclosure form annually on which they must describe any potential conflicts of interest. Form 990, Part VI, Section B, line 15a A board committee reviews comparative data and makes a recommendation to the entire Board of Directors on Executive Director Compensation. This is then voted on by board members duirng an executive session. The Executive Director determines salary for all other staff members. The Board review the salaries and makes recommendations. Form 990, Part VI, Section C, line 19 Governing documents and financial statements are available on the Organization's website. The conflict of interest policy is available upon written request. Form 990, Part XII, line 2c: The process has not changed from the prior year. 5840 S Dr Martin Luther King Jr Drive LLC 5840 S Dr Martin Luther King Jr Dri Chicago IL 60637 453450724 apartment lessors IL 91959 221928 1