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Dream Associates Inc.

Dream Associates Inc.

Lake Bluff, IL
Tax ID36-3776510

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$47,148

Expenses

$308,222

Mission

To assist disadvantaged students to achieve a college education.

About

To assist disadvantaged students in achieving a college education. Program services include counseling for students and families in addition to payment of tuition & books etc. The first project was started in 1991 with a 6th grade class in North Chicago. Of the 37 dreamers adopted, 98% earned their high school diploma or GED, and over 80% entered college or the workforce. The second project began in 2001 with the adoption of an entire kindergarten class in North Chicago. Many of these students have begun their college education and are receiving scholarship assistance for tuition, room and board, and books.

Interesting data from their 2017 990 filing

The filing outlines the non-profit's goal as “Operate "i have a dream" program.”.

When explaining its purpose, the activities were outlined as: “To assist disadvantaged students to achieve a college education.”.

  • As per legal reporting requirements, the state of operation for the non-profit is IL.
  • The non-profit's address for 2017 is listed as 14 FOREST HILLS ROAD, LAKE BLUFF, IL, 60044 in the filing.
  • As per the non-profit's form, they have 1 employees as of 2017.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is -$261,074.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization has 8 independent voting members.
  • The organization was formed in 1991.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $46,012 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.