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Passes our checks

Mysi Corporation

EIN 36-2545537 · Chicago, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair64 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

MYSI Corporation was established to provide a full range of clinical, rehabilitative, educational, recreational and case management services to disadvantaged youths and others in each of its programs. MYSI provides the highest quality services to empower its clients to reach their full potential, become productive members of society, and to encourage the highest standards of responsible citizenship. MYSI is licensed by the state of Illinois and operates under the guidance of the United Methodist Health and Welfare Ministries Northern Illinois Conference.

Income
$5.5 million
Spending
$5.9 million
Spent on programs
85%
Reserves
3.5 months of spending
Largest source of income
government grants, 98%
Employees
66
Volunteers
14
Highest pay
$198,497, president/ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 64 out of 100.

  • Reserves

    20 of 35

    Spendable reserves would cover 3.5 months of spending.

  • Debt

    10 of 20

    It owes 40% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    15 of 15

    Income rose 10% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $5.0 million spent. Transitional Living Program addresses the social, employability and self reliance needs of young men and women between the ages of 17 and 21 years old. The program is operated from five facilities on the north and south sides of Chicago and south suburbs and has the capacity to serve a maximum of fifty young men and women. One facility is a congregate living group home and four facilities are in apartment like settings. Each youth has access to computers and other amenities. Youth are taught life skills, developing appropriate social skills, the basics of cooking, living in a group setting, creating positive peer relationships, and budget management. The program provides supervision twenty four hours per day, seven days per week, incorporating structured programming as required on an individual basis.
  2. Independent Living Options serves up to 15 male and female youth, with and without children, who reside in their apartments and are between the ages of 17 and 21 years old. The goal of the program is to teach youth who are transitioning from foster care or group homes the skills necessary to live independent, self-sufficient and productive lives after leaving the child welfare system. MYSI encourages and assists youth in working to obtain life skills, including creating positive peer relationships, developing socialization skills, and obtaining educational credentials which are necessary to become employed. Clients who are parents receive specialized guidance on parenting skills which are necessary to provide a stable and nurturing environment for their children. Guidance is provided through parenting groups which are held on a monthly basis for male and female parents.
  3. Continuity of Care Center (CCC) in conjunction with the Illinois Department of Children & Family Services provides psychiatric consultation and case management services to assure continuity of psychiatric consultation/treatment and mental health care jointly evaluates the child, youth or parents in a manner designed to promote permanency by maintaining, strengthening and safeguarding the functioning of families to:* Prevent substitute care placement* Promote family reunification,* Stabilize foster care placements,* Facilitate youth development, and* Ensure the safety, permanency and wellbeing of children and families.
  4. Other programs include Sexual Risk Avoidance Education, Parenting Assessment Team, Seniors 2 Success, and Community Mental Health Services.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1969.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.