Urban Initiatives Inc
- Assets
- $4.5m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 239
- Location
- Chicago, IL
- Founding
- 02/2004
- Data as of
- 07/2023
- EIN
- 83-0367521
Organization Overview
Urban Initiatives Inc is located in Chicago, IL. The organization was established in 2004. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 07/2023, Urban Initiatives Inc employed 239 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Initiatives 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 07/2023, Urban Initiatives Inc generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $7.4m during the year ending 07/2023. While expenses have increased by 13.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPORTS-BASED YOUTH DEVELOPMENT PROGRAMS TO ADDRESS EQUITY GAPS FOR CHICAGO STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022-23, UI PARTNERED WITH 64 SCHOOLS (62 WITHIN CHICAGO PUBLIC SCHOOLS AND 2 WITHIN EVENSTON / SKOKIE DISTRICT 65) TO REACH A TOTAL OF 19,074 YOUTH DIRECTLY THROUGH OUR CORE PROGRAMS. THESE EFFORTS INCLUDED THE SUCCESSFUL LAUNCH OF A NEW PARTNERSHIP WITH CHICAGO PUBLIC SCHOOL DISTRICT OFFICE OF EARLY CHILDHOOD EDUCATION TO PILOT OST SOCCER PROGRAM FOR PRE-K STUDENTS.
WE ALSO PILOTED WORKSHOPS AND PD EXPERIENCES FOR ADULT COACHES, PARENTS AND TEACHERS WHO WORK WITH CHICAGO YOUTH, MAKING SPACE TO DISCUSS STRATEGIES FOR BUILDING RESILIENCE AND HEALING THROUGH PLAY. THESE WORKSHOPS HAVE BEEN IN SUCH HIGH DEMAND THAT OUR TEAM HAS BUILD OUT VERSIONS OF THIS CONTENT FOR DIFFERENT TYPES OF ADULT GROUPS (PDS FOR TEACHERS IN SCHOOLS, WORKSHOPS FOR PARENTS SEEKING WAYS TO ENGAGE THEIR CHILDREN, TRAININGS FOR AFTER SCHOOL PROGRAM STAFF WHO WORK WITH YOUTH IN ACTIVE SETTINGS.
OUR WORK WITH THE DEPARTMENT OF FAMILY SUPPORT SERVICES (DFSS) GREW SUBSTANTIALLY IN FY 23 - ALLOWING UI TO REACH MORE STUDENTS IN FOCUSED NEIGHBORHOODS AROUND THE CITY WITH OUR AFTER SCHOOL SOCCER PROGRAM. WE HOSTED 50 HIGH SCHOOL YOUTH INTERNS FOR A 6 WEEK INTERNSHIP OVER THE SUMMMER THROUGH THE CITY'S ONE SUMMER CHICAGO PROGRAM. ADDITIONALLY, WE HAVE BEEN ABLE TO PARTNER WITH DFSS TO OFFER PROGRAMS FOR NEWLY ARRIVED FAMILIES LIVING IN SHELTERS. WE ARE PROUD TO BE ABLE TO MEET EMERGING NEEDS AND SERVE A BROAD RANGE OF YOUNG PEOPLE IN CHICAGO.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Chelovich-Perconte Vice President | Officer | 40 | $193,918 |
James W Dower Executive Dir. | OfficerTrustee | 40 | $205,000 |
Joy Nelson Chief Ppl Offcr | 40 | $126,237 | |
Paul Boye Chief Inov Offcr | 40 | $116,841 | |
Kim Townsend | 40 | $110,425 | |
Solomon Barnett Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $750,000 |
| Related organizations | $0 |
| Government grants | $367,991 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,368,085 |
| Noncash contributions included in lines 1a–1f | $100,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,486,076 |
| Total Program Service Revenue | $2,624,993 |
| Investment income | $7,408 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$115,454 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,003,023 |
| 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. | $401,110 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,770,561 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $572,779 |
| Payroll taxes | $319,133 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $105,395 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $801,636 |
| Advertising and promotion | $22,936 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,252 |
| 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 | $2,124 |
| Insurance | $65,436 |
| All other expenses | $633,523 |
| Total functional expenses | $7,434,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,292,680 |
| Savings and temporary cash investments | $364,774 |
| Pledges and grants receivable | $1,733,307 |
| Accounts receivable, net | $922,154 |
| 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 | $0 |
| Net Land, buildings, and equipment | $33,877 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $186,715 |
| Total assets | $4,533,507 |
| Accounts payable and accrued expenses | $30,898 |
| 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 | $190,641 |
| Total liabilities | $221,539 |
| Net assets without donor restrictions | $4,311,968 |
| 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 | $4,533,507 |