Resident Association Of Greater Englewood
- Assets
- $1.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 84-3226248
Organization Overview
Resident Association Of Greater Englewood is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resident Association Of Greater Englewood 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 12/2021, Resident Association Of Greater Englewood generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 67.3% each year . All expenses for the organization totaled $306.7k during the year ending 12/2021. While expenses have increased by 43.9% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE RESIDENT ASSOCIATION OF GREATER ENGLEWOOD IS TO CREATE TANGIBLE SOLUTIONS AND MOBILIZE RESIDENTS AND RESOURCES TO RESTORE OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
R.A.G.E.S OVERARCHING MISSION IS TO CONVENE RESIDENTS, ENGLEWOODS PUBLIC OFFICIALS, BUSINESS OWNERS, AND OTHER ORGANIZATIONS TO STRATEGIZE, BUILD THEIR POWER, PROMOTE HEALING, CREATE COMMUNITY SOLIDARITY AND TANGIBLE SOLUTIONS WHILE ACTIVELY SERVING AS A CREDIBLE SOURCE FOR CRITICAL INFORMATION ABOUT ENGLEWOOD. R.A.G.E. GALVANIZE RESIDENTS IN THE AREAS OF CIVIC ENGAGEMENT, EDUCATION & YOUTH DEVELOPMENT, ECONOMIC DEVELOPMENT, ARTS ACTIVISM AND PUBLIC SAFETY, BY HOSTING BI-MONTHLY VILLAGE MEETINGS WHERE MEMBERS AND RESIDENTS SHARE INFORMATION, DISCUSS AND DEBATE CURRENT ENGLEWOOD ISSUES, AND ESTABLISH SOLUTION-BASED ACTION PLANS TO IMPROVE GREATER ENGLEWOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asiaha Butler CEO | OfficerTrustee | 1 | $0 |
Cassandra Lloyd-Pierce Secretary | Trustee | 1 | $0 |
Demond Drummer Treasurer | Trustee | 1 | $0 |
Mekazin Alexander Board Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,269 |
| Fundraising events | $1,146 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $237,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,970 |
| Total Program Service Revenue | $1,408,982 |
| Investment income | $0 |
| 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 | $1,652,953 |
| 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 | $120,889 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,503 |
| 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 | $0 |
| Advertising and promotion | $3,598 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,200 |
| Travel | $689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,940 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,368 |
| All other expenses | $26,413 |
| Total functional expenses | $306,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,783,183 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,500 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $1,810,683 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,810,683 |
| 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 | $1,810,683 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Resident Association Of Greater Englewood has recieved totaling $377,953.
| Awarding Organization | Amount |
|---|---|
Chicagobeyond Inc Chicago, IL PURPOSE: TO ENABLE R.A.G.E. TO BUILD A TEAM AND ORGANIZATION INFRASTRUCTURE AND TO SEED A FUND FOR THE BENEFIT AND HEALING OF GREATER ENGLEWOOD AS DIRECTED BY RESIDENTS THEMSELVES. | $208,332 |
Julian Grace Foundation Highland Park, IL PURPOSE: GENERAL OPERATING SUPPORT | $77,000 |
Mayer & Morris Kaplan Foundation Chicago, IL PURPOSE: SUPPORT OF THE RESIDENT-LED FUND | $62,500 |
Marguerite Casey Foundation Seattle, WA PURPOSE: FOR GENERAL OPERATING SUPPORT. | $10,000 |
Bluhm Family Charitable Foundation Chicago, IL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $10,000 |
Morrison Family Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Chamber Of Commerce Inc Indianapolis, IN | $7,894,910 | $10,261,881 |
Greater Indianapolis Chamber Of Commerce Inc Indianapolis, IN | $15,080,070 | $11,498,115 |
German-American Chamber Of Commerce Of The Midwest Chicago, IL | $9,537,423 | $9,672,106 |
Greater Milwaukee Convention & Visitors Bureau Inc Milwaukee, WI | $13,303,680 | $5,924,757 |
The Chicago Association Of Realtors Inc Chicago, IL | $11,107,922 | $7,821,690 |
Illinois Small Business Growth Corporation Springfield, IL | $2,478,514 | $7,890,542 |
Mainstreet Organization Of Realtors Downers Grove, IL | $23,598,352 | $9,176,226 |
International Society Of Transport Aircraft Traders Chicago, IL | $15,949,487 | $6,305,891 |
Indiana Association Of Realtors Inc Indianapolis, IN | $16,694,252 | $6,642,922 |
Better Business Bureau Of Greater St Louis Inc St Louis, MO | $4,281,553 | $5,139,066 |
Louisville Chamber Of Commerce Inc Louisville, KY | $4,510,911 | $5,726,033 |
Springfield Convention And Visitors Springfield, MO | $1,284,082 | $4,581,352 |