MISSION
An organization to feed, clothe, and serve basic needs for the poor by obtaining donations and using the donations to buy food, clothes, and other basic needs to meet the needs of the less fortunate.
DEMOGRAPHIC
ADDRESS
1797 WILLIAMSBURG DR
60169
COUNTY
cook county, IL
IN CARE OF NAME
OLUWAYEMISI ONADIPE
ORGANIZATIONAL OVERVIEW & RANKINGS
GEM FOUNDATION is a based in HOFFMAN EST, IL, focused on Arts, Culture and Humanities causes , specifically Humanities Organizations. Established in October 2020, it operates as an independent association and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,569,304 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 86,152 out of 106,037 organizations in IL (Top 82%).
In cook county, IL, the organization ranks 36,276 out of 46,103 nonprofits by assets (Top 79%), while locally in hoffman est, it stands at 159 among 195 organizations (Top 80%).
The organization reported no revenue in the most recent filing period, placing it at 2,034,548 nationally and 94,959 in IL.
Within its specific NTEE classification (A70 - A: Arts, Culture and Humanities), which includes 2,571 similar organizations, GEM FOUNDATION ranks 2,306 in assets (Top 90%) and 2,306 in revenue (Top 90%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
5: Association
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A70: Humanities Organizations:
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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