The Salvation Army - Central Territory is not required to file an annual return (Form 990) with the IRS or state regulators because it is a religious organization. CharityWatch is therefore unable to provide salary information for this group. CharityWatch's letter grade rating of The Salvation Army - Central Territory is based on our analysis of the Central Territory's audited consolidated financial statements for its fiscal year ended September 30, 2023. |
According to The Salvation Army - Central Territory consolidated audit of September 30, 2023 (Note 1, Purpose and Organization): "The Salvation Army, founded in 1865, is a not-for-profit international religious organization and charitable movement organized and operated on a quasi-military pattern and is a branch of the Christian Church. Its membership includes officers (clergy), soldiers and adherents (laity), members of varied activity groups and volunteers who serve as advisors, associates and committed participants in its service functions. The accompanying [audited] consolidated financial statements also include the financial activity of The Salvation Army Services, Inc., a non-religious corporation [organized as a 501(c)(3) public charity]." [...] "The accompanying [audited] consolidated financial statements include all programs and operations of the Central Territory [of The Salvation Army]. The Central Territory comprises the states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wisconsin. The Central Territory is incorporated in the State of Illinois, with the corporate headquarters located in Hoffman Estates, Illinois. All intercompany accounts and transactions have been eliminated [in the consolidated audit]..." [The Salvation Army Central Territory's Federal Tax Identification Number is 36-2167910.] |
According to The Salvation Army - Central Territory audited Consolidated Statement of Activities for the year ended September 30, 2023, the Central Territory received donations-in-kind and contributed services on which it placed a value of approximately $134,559,000. [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to The Salvation Army - Central Territory consolidated audit of September 30, 2023 (Note 18, Commitments and Contingencies, Construction Commitments): "Authorized commitments for construction aggregated approximately $10,984,000 at September 30, 2023." According to The Salvation Army - Central Territory consolidated audit of September 30, 2023 (Note 18, Commitments and Contingencies, Other Commitments): "The Central Territory has entered into deductible and security agreements with two insurance companies that obligate the Central Territory to provide security of payments under the policies. To meet the request for security, the Central Territory has hypothecated approximately $12,384,000 of marketable securities. No amounts have been drawn against these securities." |
According to The Salvation Army - Central Territory consolidated audit of September 30, 2023 (Note 19, Related Party Transactions): "For fiscal years 2023 and 2022, the Central Territory made payments for administrative services and World Service Support to The Salvation Army National Headquarters (NHQ) of approximately $3,593,000 and $6,559,000, respectively, and to The Salvation Army International Headquarters of approximately $13,590,000 and $7,857,000, respectively." |