Institute For Community Empowerment
- Assets
- $307.5k
- Revenue
- $417.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Chicago, IL
- Founding
- 12/1993
- Data as of
- 06/2022
- EIN
- 36-3788073
Organization Overview
Institute For Community Empowerment is located in Chicago, IL. The organization was established in 1993. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Institute For Community Empowerment employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Community Empowerment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Institute For Community Empowerment generated $417.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 49.5% each year . All expenses for the organization totaled $236.5k during the year ending 06/2022. While expenses have increased by 22.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ICE IS A COMMUNITY ORGANIZING AND LEADERSHIP TRAINING INSTITUTE THAT EMPOWERS CHICAGO RESIDENTS TO TAKE THE INITIATIVE AND DEVELOP THE TRUST AND TEAMWORK TO MEET THEIR COMMUNITIES' MOST PRESSING CHALLENGES.
Describe the Organization's Program Activity:
LISTED BELOW ARE THE PROGRAM ACCOMPLISHMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2022:EXPANDED MENTAL HEALTH SERVICE PROGRAMS:IN PARTNERSHIP WITH THE COALITION TO SAVE OUR MENTAL HEALTH CENTERS, THE INSTITUTE WORKED IN SUMMER 2021 WITH A TEAM OF YOUTH INTERNS AND IN SUMMER 2022 WITH LOCAL VOLUNTEERS FROM ITS COMMUNITY ACTION TEAM TO EDUCATE RESIDENTS IN THE SOUTHEAST CHICAGO AREA ABOUT THE IMPORTANCE OF MENTAL HEALTH SERVICES AND HOW TO CREATE A NEW MENTAL HEALTH CENTER FOR THEIR COMMUNITY. STARTING IN FALL 2021, IT ASSISTED THE BRONZEVILLE EXPANDED MENTAL HEALTH SERVICES PROGRAM GOVERNING COMMISSION AT MONTHLY MEETINGS TO LAY THE GROUNDWORK TO IMPLEMENT PLANS FOR A NEW MENTAL HEALTH CENTER SUPPORTED BY 35,198 VOTERS ON NOVEMBER 30, 2020. IT CONTINUED TO SUPPORT AS REQUESTED THREE OTHER EXISTING EMHSPS IN NORTH RIVER, LOGAN/SQUARE/AVONDALE/HERMOSA AND THE WEST SIDE ON STEPS TO STRENGTHEN LOCAL RESIDENT INVOLVEMENT AND UTILIZE BEST PRACTICES WITH MODEL COMMISSION DOCUMENTS.AFFORDABLE HOMEOWNERSHIP DEVELOPMENT: WORKING WITH THE LUGENIA BURNS HOPE CENTER, THE INSTITUTE CONTINUED TO HELP HOUSING BRONZEVILLE LEADERS ASSEMBLE A DEVELOPMENT TEAM TO BUILD A FIRST PHASE OF NEW AFFORDABLE HOMES ON THIRTEEN CITY-OWNED VACANT LOTS IN THE BRONZEVILLE SOUTH COMMUNITY OF WASHINGTON PARK.CITIZEN NOW PROGRAM:THE INSTITUTE CONVENED DURING SPRING 2022 A TWELVE-WEEK CYCLE OF CLASSES AT PROVIDENCE-ENGLEWOOD CHARTER SCHOOL WITH 20 FIFTH, SIXTH, AND SEVENTH GRADERS IN ATTENDANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Vader Chairperson | OfficerTrustee | 2 | $0 |
Robert T Gannett Jr Ex Officio | OfficerTrustee | 2 | $0 |
Vernon Vader Director | Trustee | 2 | $0 |
Joyce Zick Director | Trustee | 2 | $0 |
Jacquelyn Ingram Director | Trustee | 2 | $0 |
Mark Higginson Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $293,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $293,750 |
| Total Program Service Revenue | $20,000 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $417,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,159 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,101 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $92,186 |
| Advertising and promotion | $0 |
| Office expenses | $966 |
| Information technology | $3,914 |
| Royalties | $0 |
| Occupancy | $14,823 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $646 |
| Insurance | $2,796 |
| All other expenses | $257 |
| Total functional expenses | $236,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,063 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $375 |
| Net Land, buildings, and equipment | $4,336 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $307,474 |
| Accounts payable and accrued expenses | $10,727 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,727 |
| Net assets without donor restrictions | $296,747 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $307,474 |