Overview
What is Ten Thousand Villages Oak Park?
Ten Thousand Villages Oak Park is a nonprofit organization situated in Oak Park, Illinois, specifically at 121 N Marion Street, 60301. Their primary mission is to promote economic justice by selling handcrafted items produced by low-income individuals in developing countries. This supports the artisans financially while also educating the Oak Park community about fair trade principles and third-world artisan techniques. The organization operates as a non-stock, non-member entity, facilitating the sale of these artisans' products in the United States. They employ a team of nine individuals, contributing to their mission and supporting the artisan community.
Official website here: www.villagesoakpark.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Ten Thousand Villages Oak Park has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The rating is based entirely on the Accountability & Finance beacon, indicating that this nonprofit has strong governance practices and financial health.
The organization boasts a fully independent board, with 10 out of 10 independent members, and has no material diversion of assets reported. Its program expense ratio is an impressive 88.87%, demonstrating that the majority of its funds are directed towards its mission-driven programs. The organization also meets key accountability standards, including having its website listed on its tax form and maintaining comprehensive board meeting minutes.
However, there are some areas for improvement, as Ten Thousand Villages Oak Park lacks a whistleblower policy and a document retention and destruction policy, which could enhance transparency and governance. Addressing these gaps could strengthen the organization’s overall accountability and further bolster its positive rating.
This AI summary has been generated from information found on Charity Navigator.
Is Ten Thousand Villages Oak Park legitimate?
Ten Thousand Villages Oak Park is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ten Thousand Villages Oak Park 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: $92,635
For more financial information, click here
Official website here: www.villagesoakpark.com
What is the mission statement of Ten Thousand Villages Oak Park?
Ten Thousand Villages, a non-profit organization, is dedicated to promoting economic justice by selling high-quality handicrafts produced by artisans from developing countries. Their mission is to provide a platform for these low-income individuals to generate income, while also educating the local community about fair trade principles and third-world artisan techniques. In addition to sales, Ten Thousand Villages also offers educational programs in Oak Park, focusing on these aspects of economic justice.
Official website here: www.villagesoakpark.com
Who is the CEO of Ten Thousand Villages Oak Park?
Emma Champion is the Director of Ten Thousand Villages Oak Park.
Official website here: www.villagesoakpark.com
What is the revenue of Ten Thousand Villages Oak Park?
Ten Thousand Villages Oak Park's revenue in 2023 was $477,428.
Official website here: www.villagesoakpark.com
Who are the executives of Ten Thousand Villages Oak Park and what are their salaries?
The average compensation at Ten Thousand Villages Oak Park during 2023 was $10,293. There are 9 employees and 20 volunteers at Ten Thousand Villages Oak Park.
Here are 9 key members and their salaries:
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Official website here: www.villagesoakpark.com
Where can I find the form 990 for Ten Thousand Villages Oak Park?
Ten Thousand Villages Oak Park's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.villagesoakpark.com
Learn more at the official website: www.villagesoakpark.com
Mission Statement of Ten Thousand Villages Oak Park
Ten Thousand Villages Oak Park is a non-profit organization with a mission to generate income for artisans residing in developing countries by facilitating the sale of their handicrafts in the United States. This organization operates on the principles of economic justice, fair trade, and the preservation of traditional artisan techniques from around the world. In addition to its commercial activities, Ten Thousand Villages Oak Park also provides educational programs to the Oak Park community, aiming to raise awareness about these crucial issues. This non-stock, non-member organization serves as a bridge between artisans in developing nations and consumers in the United States, promoting fair trade and economic justice.
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Impact
July, 2024
Ten Thousand Villages Oak Park's impact includes creating income opportunities for third world artisans by facilitating the sale of their handmade products in the United States. Additionally, the organization provides educational programs in Oak Park focused on economic justice, fair trade principles, and third world artisan techniques. This helps raise awareness and promote sustainable practices in the community.
This information is meant to be a general summary of Ten Thousand Villages Oak Park. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,971
- Program Service Revenue: $455,761
- Gross Receipts: $477,428
Assets and Liabilities:
- Total Assets: $286,807
- Total Liabilities: $152,752
- Net Assets: $134,055
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITATE 3RD WORLD ART
Revenue
$455,761
Organization Details
Founding Year
2006
Phone
(708) 848-4572Principal Officer
Emma Champion
Main Address
121 N MARION STREET, OAK PARK, IL, 60301
Website
www.villagesoakpark.comNTEE Category
Code: Q32 - International
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