Oai Inc
- Assets
- $2.0m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 35
- Location
- Chicago, IL
- Founding
- 05/2001
- Data as of
- 06/2022
- EIN
- 36-4385280
Organization Overview
Oai Inc is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2022, Oai Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oai Inc 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, Oai Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $4.2m during the year ending 06/2022. While expenses have increased by 6.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SKILLS TRAINING THAT LEADS TO SAFE, MEANINGFUL EMPLOYMENT AND HELPS COMPANIES AND COMMUNITIES TO THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OAI CHICAGO SOUTHLAND DIVISION PROVIDES JOB TRAINING, PLACEMENT AND RETENTION SERVICES TO RESIDENTS FACING MULTIPLE CHALLENGES IN THE CHICAGO SOUTHLAND REGION
THE PRE-EMPLOYMENT DIVISION PROVIDES JOB TRAINING, PLACEMENT AND RETENTION SERVICES TO RESIDENTS FACING MULTIPLE CHALLENGES IN DALLAS, KANSAS CITY, AND CHICAGO.
THE BUSINESS AND WORKER TRAINING DIVISION PROVIDES WORKER HEALTH & SAFETY TRAINING, IN COMPLIANCE WITH OSHA CFR 1910.120, TO EMERGENCY FIRST RESPONDERS, MEDICAL FIRST RECEIVERS AND INDUSTRY WORKERS WHO ARE EXPOSED TO HAZARDOUS MATERIALS. IN ADDITION, THE DIVISION OFFERS CUSTOMIZED, COST-EFFECTIVE ON-SITE WORKFORCE SKILLS AND SAFETY TRAINING PROGRAMS FOR LOW-WAGE AND LIMITED ENGLISH PROFICIENT WORKERS EMPLOYED IN VARIOUS INDUSTRIES, INCLUDING THE MANUFACTURING, HOSPITALITY AND MEDICAL SECTORS.
HIGH BRIDGE IS A TRANSITIONAL JOBS AND SOCIAL ENTERPRISE COMPANY THAT INSTALLS AND MAINTAINS GREEN INFRASTRUCTURE TREATMENTS - PRIMARILY RAIN GARDENS - HIRING LOCAL LABOR AND HELPING ADVANCE TECHNICAL AND HIGHER-PAYING SKILLS FOR RESIDENTS OF THE CALUMET REGION. THE COMPANY IS DESIGNED TO OFFER FULL-TIME, SHORT-TERM EMPLOYMENT, ENABLING JOB TRAINING GRADUATES AND RESIDENTS TO BENEFIT ECONOMICALLY AND ENVIRONMENTALLY FROM A VARIETY OF PUBLIC GREEN INFRASTRUCTURE INVESTMENTS IN SOUTH SUBURBAN COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mollie Dowling Macd Executive Director | OfficerTrustee | 37.5 | $103,879 |
Amanda Allen Chief Operating Officer | Officer | 37.5 | $96,949 |
Nooruddin S Bhaidani Controller | Officer | 37.5 | $85,402 |
Trish Davies Sec & Dir-Business & Train | OfficerTrustee | 37.5 | $46,431 |
Kindy Kruller Aicp Leed Ap Maupp Chair | OfficerTrustee | 0.3 | $0 |
Kelley Farley Shrm-Cp Cnap Treasurer | OfficerTrustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,534,850 |
| All other contributions, gifts, grants, and similar amounts not included above | $785,312 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,320,162 |
| Total Program Service Revenue | $19,100 |
| Investment income | $718 |
| 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 | $4,345,357 |
| 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. | $438,466 |
| Compensation of current officers, directors, key employees. | $118,512 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,452,177 |
| Pension plan accruals and contributions | $29,921 |
| Other employee benefits | $238,586 |
| Payroll taxes | $154,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,604 |
| Fees for services: Accounting | $23,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $569,250 |
| Advertising and promotion | $0 |
| Office expenses | $94,763 |
| Information technology | $25,203 |
| Royalties | $0 |
| Occupancy | $277,123 |
| Travel | $27,507 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,244 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,516 |
| Insurance | $17,260 |
| All other expenses | $23,652 |
| Total functional expenses | $4,211,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,183 |
| Savings and temporary cash investments | $939,668 |
| Pledges and grants receivable | $790,528 |
| Accounts receivable, net | $33,138 |
| 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 | $30,904 |
| Net Land, buildings, and equipment | $51,909 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,479 |
| Total assets | $2,021,809 |
| Accounts payable and accrued expenses | $638,958 |
| 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 | $129,042 |
| Total liabilities | $768,000 |
| Net assets without donor restrictions | $782,332 |
| Net assets with donor restrictions | $471,477 |
| 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 | $2,021,809 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Oai Inc has recieved totaling $365,357.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $151,984 |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD PURPOSE: TO SUPPORT THE PRE-EMPLOYMENT EDUCATION AND TRAINING PROGRAM (PEET) THAT HELPS INDIVIDUALS OBTAIN CAREERS WITHIN THE ENVIRONMENTAL FIELD IN CHICAGO. | $100,000 |
Legacy Foundation Inc Merrillville, IN PURPOSE: STORMWATER PROJECT | $60,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $20,000 |
National Partnership For Environmental Technology Education South Portland, ME PURPOSE: TRAINING | $18,350 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Supporting Families Together Association Inc Madison, WI | $1,243,761 | $19,699,760 |
Family Development Services Inc Indianapolis, IN | $6,961,291 | $21,119,232 |
Indianapolis Private Industry Council Inc Indianapolis, IN | $7,195,768 | $15,248,899 |
Chicago Urban League Chicago, IL | $6,767,284 | $15,691,423 |
Cara Program Chicago, IL | $15,165,260 | $11,673,454 |
The Mission Continues Saint Louis, MO | $10,410,766 | $11,093,875 |
Mayors Youth Empowerment Program Iowa City, IA | $6,304,962 | $7,071,387 |
Comptia Tech Career Academy Downers Grove, IL | $2,728,852 | $5,424,881 |
Proteus Inc Des Moines, IA | $1,359,202 | $6,864,690 |
United Workforce Development Board Inc Pekin, IL | $714,374 | $6,448,841 |
Northern Indiana Workforce Board Inc South Bend, IN | $1,518,783 | $6,187,359 |
Goodwill Manufacturing Inc Milwaukee, WI | $3,795,340 | $2,579,295 |