Overview
What is South East Chicago Commission?
The South East Chicago Commission (SECC) is a nonprofit organization situated at 1511 East 53rd Street, Chicago, Illinois. With a focus on economic development, SECC partners with local businesses and community stakeholders to enhance business districts and improve the overall quality of life within their area of influence. Through their Neighborhood Business Development Center (NBDC), they work collaboratively with other University of Chicago entities to foster a sense of community and enhance ongoing living standards across the neighborhoods they serve. Their mission also includes leveraging University of Chicago resources to supplement and enhance business improvement districts in specific areas, such as Oakland, Kenwood, Hyde Park, Washington Park, and Woodlawn. With a workforce of around 2 employees, SECC is actively working towards its objectives.
Official website here: www.secc-chicago.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The South East Chicago Commission has achieved a solid Three-Star rating from Charity Navigator, reflecting a score of 77% based entirely on accountability and finance metrics. This rating signifies a reliable commitment to financial integrity and responsible management practices, making it a credible option for potential donors seeking to support nonprofits.
Strengths noted include a perfect score in financial statements and oversight, indicating robust auditing practices. The organization also demonstrates no material diversion of assets, ensuring that funds are utilized effectively towards its mission. The high program expense ratio of 84.35% suggests that a significant portion of their resources is directly invested in delivering programs rather than administrative costs.
While the overall score is satisfactory, it is always beneficial for potential donors to consider the broader impact and outcomes of the organization's programs. Continued transparency and adherence to best practices will be essential for maintaining and potentially improving their rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is South East Chicago Commission legitimate?
South East Chicago Commission is a legitimate nonprofit organization registered as a 501(c)(3) entity. South East Chicago Commission 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
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Other Salaries and Wages: $212,337
For more financial information, click here
Official website here: www.secc-chicago.org/
What is the mission statement of South East Chicago Commission?
The South East Chicago Commission collaborates with various University of Chicago businesses and organizations to cultivate a sense of community and enhance the ongoing quality of life in the neighborhoods it serves. Its mission is to foster this spirit of community and continuously improve the living standards across these areas. Through partnerships with local businesses and community stakeholders, the commission works on enhancing business districts and boosting the overall quality of life within its reach. Additionally, the commission leverages the resources of the University of Chicago to supplement and enhance business improvement districts in specific areas like Oakland, Kenwood, Hyde Park, Washington Park, and Woodlawn.
Official website here: www.secc-chicago.org/
Who is the CEO of South East Chicago Commission?
Diane Burnham is the Director of South East Chicago Commission.
Official website here: www.secc-chicago.org/
What is the revenue of South East Chicago Commission?
South East Chicago Commission's revenue in 2022 was $637,721.
Official website here: www.secc-chicago.org/
Who are the executives of South East Chicago Commission and what are their salaries?
The average compensation at South East Chicago Commission during 2022 was $106,168. There are 2 employees at South East Chicago Commission.
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Official website here: www.secc-chicago.org/
Where can I find the form 990 for South East Chicago Commission?
South East Chicago Commission's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.secc-chicago.org/
Learn more at the official website: www.secc-chicago.org/
Mission Statement of South East Chicago Commission
The South East Chicago Commission, in its mission, collaborates with various University of Chicago businesses and organizations to foster a sense of community and enhance the ongoing quality of life across the neighborhoods it serves. By working in partnership with local businesses and community stakeholders, the commission aims to enhance business districts and improve the overall quality of life within its scope. The organization also leverages the resources of the University of Chicago to supplement and enhance business improvement districts in Oakland, Kenwood, Hyde Park, Washington Park, and Woodlawn, using a community-based approach.
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Impact
July, 2024
The South East Chicago Commission's impact is evident in its collaborative efforts with other University of Chicago businesses and organizations to foster a spirit of community and enhance the quality of life across the neighborhoods it serves. Through economic development programs like the Neighborhood Business Development Center (NBDC), SECC works in partnership with local businesses and community stakeholders to improve business districts and overall community well-being in areas such as Oakland, Kenwood, Hyde Park, Washington Park, and Woodlawn. By leveraging resources and implementing integrated, community-based approaches, SECC plays a vital role in supporting neighborhood improvement and promoting sustainable economic development in Chicago.
This information is meant to be a general summary of South East Chicago Commission. 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 2022.
- Investment Income: $18
- Gross Receipts: $637,721
Assets and Liabilities:
- Total Assets: $499,451
- Total Liabilities: $19,997
- Net Assets: $479,454
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Organization Details
Founding Year
1952
Principal Officer
Diane Burnham
Main Address
1511 East 53rd Street, Chicago, IL, 60615
Website
www.secc-chicago.org/NTEE Category
Code: S31 - Community improvement
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