The Peace Corner Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202940156 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Peace Corner Inc?

The Peace Corner Inc, located in Chicago, Illinois, serves as a sanctuary for youth in a community often marked by violence and crime. Their primary mission is to offer a youth center that provides a safe environment, where they offer tutoring and GED preparation, free legal counseling, job training, and recreational activities. The Peace Corner's volunteers also extend support to these children, ensuring they have the necessary resources for growth and development. The center's activities aim to foster personal development, education, and overall well-being for its youthful visitors.


Official website here: www.thepeacecorner.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

The Peace Corner Inc has received a Three-Star out of Four Star rating, reflecting a score of 81% based entirely on its Accountability & Finance metrics. This score indicates a solid commitment to maintaining transparency and good governance practices. The organization excels in financial accountability, with a perfect score in several areas, such as having a documented conflict of interest policy and a robust whistleblower policy.

One of the key strengths of The Peace Corner Inc is its impressive program expense ratio of 83.19%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, further reinforcing its reliability and financial integrity.

However, while the organization showcases strong financial practices, the overall rating is derived from a single beacon score, which may limit the comprehensive view of its impact. Prospective donors and supporters might consider looking into other factors such as program outcomes and community feedback for a more rounded understanding of the nonprofit's effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is The Peace Corner Inc legitimate?

The Peace Corner Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Peace Corner Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,596

For more financial information, click here


Official website here: www.thepeacecorner.org

What is the mission statement of The Peace Corner Inc?

The Peace Corner Inc, through its youth center, serves as a secure refuge for young individuals in a community often marked by violence and crime. The organization's primary objective is to offer educational support, facilitating tutoring and GED preparation. Additionally, they provide free legal counseling and job training, ensuring the youth have access to essential resources and opportunities. Furthermore, The Peace Corner offers various forms of support and recreational activities, contributing to the overall well-being of the children who utilize their services.


Official website here: www.thepeacecorner.org

Who is the CEO of The Peace Corner Inc?

Gina Cleggs is the Vice President of The Peace Corner Inc.


Official website here: www.thepeacecorner.org

What is the revenue of The Peace Corner Inc?

The Peace Corner Inc's revenue in 2022 was $32,494.


Official website here: www.thepeacecorner.org

Who are the executives of The Peace Corner Inc and what are their salaries?


Here are 3 key members and their salaries:


Elida Hernandez (Treasurer)
  • Compensation: $0
  • Related: $240,707
  • Other: $38,454
Gina Cleggs (Vice President)
  • Compensation: $0
  • Related: $205,856
  • Other: $23,858
Enrique Alonso (Secretary)
  • Compensation: $0
  • Related: $64,135
  • Other: $19,120


Official website here: www.thepeacecorner.org

Where can I find the form 990 for The Peace Corner Inc?

The Peace Corner Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thepeacecorner.org

Learn more at the official website: www.thepeacecorner.org

Mission Statement of The Peace Corner Inc

The Peace Corner Inc, a nonprofit organization, operates a youth center in a neighborhood often marred by violence and crime. Its primary mission is to serve as a sanctuary for the youth in this area. Within this safe haven, the center provides a multitude of services. The dedicated staff and volunteers offer tutoring and assistance in preparing for the GED, ensuring the youth have access to educational opportunities. Additionally, they provide free legal counseling, enabling young individuals to navigate any legal challenges they may face. Furthermore, job training and support are provided, equipping the youth with essential skills to secure employment and build a stable future. Recreational activities are also available, offering a respite from the daily struggles and promoting overall well-being. In essence, The Peace Corner Inc strives to create a positive environment where the youth can thrive and grow, providing them with the tools and support necessary to overcome the challenges of their neighborhood.

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Impact




August, 2024

The Peace Corner Inc's impact is profound within the Austin neighborhood of Chicago, Illinois. The organization operates the Peace Corner Youth Center, which serves as a safe haven for youth in a community often plagued by violence and crime. Through the center, young people receive essential services such as tutoring, GED preparation, free legal counseling, job training, and recreational activities. By providing a nurturing and supportive environment, The Peace Corner Inc empowers these children to thrive and build a better future for themselves.




This information is meant to be a general summary of The Peace Corner Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$32,494 (2022)
Expenses
$437,263 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39
  • Gross Receipts: $32,494

Assets and Liabilities:

  • Total Assets: $1,173,372
  • Total Liabilities: $655,826
  • Net Assets: $517,546

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Organization Details

Founding Year

2005

Principal Officer

Gina Cleggs

Main Address

721 N LaSalle St, Chicago, IL, 60654

NTEE Category

Code: Q40 - International

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