Overview
What is International Visitors Center Of Chicago?
The International Visitors Center Of Chicago, identified as WorldChicago, is a nonprofit organization situated in the heart of Chicago, specifically at 309 W Washington Street 450. Its primary mission is to foster diplomacy between Chicagoans and global visitors, serving as a bridge between cultures. Through the Young Transatlantic Innovation Leaders Initiative, WorldChicago offers a month-long fellowship for young entrepreneurs from Europe, placing them in U.S. startups or small to medium-sized businesses in nine American cities. This program aims to cultivate leadership and an entrepreneurial mindset in the Fellows, while simultaneously forging transatlantic partnerships between the United States and Europe. WorldChicago currently employs 16 individuals, contributing to its mission of promoting cross-cultural understanding and cooperation.
Official website here: www.worldchicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The International Visitors Center of Chicago has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. With an impressive 92 in Accountability & Finance, the organization demonstrates sound financial management, evidenced by a low liabilities to assets ratio of 20.57% and a high program expense ratio of 88.43%. This indicates that a significant portion of their resources is directed towards fulfilling their mission effectively.
Additionally, the organization excels in constituent feedback, achieving a perfect score of 100 across various feedback metrics. This includes feedback collection, usage, and overall practices, highlighting a robust system for engaging with the community they serve. The high score in these areas suggests that the International Visitors Center is attentive to the voices of its stakeholders and uses their input to enhance its programs.
However, while the organization shows strengths in many areas, its equity strategies score of 79 indicates there may be room for improvement in promoting equity and inclusivity within its operations. This could suggest a need for further development in addressing diverse community needs or enhancing outreach efforts. Overall, the International Visitors Center of Chicago stands out for its strong financial practices and dedication to community engagement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about International Visitors Center Of Chicago?
90% of 23 reviewers on Facebook recommend the International Visitors Center of Chicago. Here is a summary of their reviews:
Many participants express appreciation for the organization’s role in promoting citizen diplomacy through its well-received programs. A recent presentation highlighted the relevance and effectiveness of their initiatives, which aim to foster international relationships among adults and youth alike. Reviewers commend the center for its valuable contributions to global understanding and diplomacy, emphasizing the importance of maintaining these programs, especially with support from the U.S. State Department.
Overall, the sentiment is overwhelmingly positive, with community members recognizing the nonprofit's efforts to bridge cultural divides and enhance international interaction. The organization is viewed as a beneficial resource for fostering positive relationships across borders, making a significant impact with its initiatives.
This AI summary has been generated from reviews found on Facebook.
Is International Visitors Center Of Chicago legitimate?
International Visitors Center Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Visitors Center Of Chicago 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: $120,624
Professional Fundraising Fees: $0
Other Salaries and Wages: $475,086
For more financial information, click here
Official website here: www.worldchicago.org
What is the mission statement of International Visitors Center Of Chicago?
The International Visitors Center Of Chicago, identified as WorldChicago in its mission description, plays a significant role in fostering citizen diplomacy. It facilitates interactions between locals and visitors hailing from various parts of the globe. Through programs like the Young Transatlantic Innovation Leaders Initiative, the center invites young entrepreneurs from Europe for a month-long fellowship in U.S. start-ups. This initiative aims to cultivate leadership and an entrepreneurial mindset in these Fellows, while also fostering transatlantic partnerships between the United States and Europe.
Official website here: www.worldchicago.org
Who is the CEO of International Visitors Center Of Chicago?
Peggy Parfenoff is the Chair of International Visitors Center Of Chicago.
Official website here: www.worldchicago.org
What is the revenue of International Visitors Center Of Chicago?
International Visitors Center Of Chicago's revenue in 2022 was $2,221,379.
Official website here: www.worldchicago.org
Who are the executives of International Visitors Center Of Chicago and what are their salaries?
The average compensation at International Visitors Center Of Chicago during 2022 was $37,232. There are 16 employees and 370 volunteers at International Visitors Center Of Chicago.
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- Compensation: $89,734
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- Other: $13,764
Official website here: www.worldchicago.org
Where can I find the form 990 for International Visitors Center Of Chicago?
International Visitors Center Of Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worldchicago.org
Learn more at the official website: www.worldchicago.org
Mission Statement of International Visitors Center Of Chicago
The International Visitors Center of Chicago, often referred to as WorldChicago, serves as a hub for fostering diplomatic relationships between Chicago residents and visitors from various corners of the globe. Its primary mission is to facilitate citizen diplomacy, bridging cultural gaps and promoting mutual understanding through interpersonal interactions.
One of the ways WorldChicago accomplishes this is by hosting the Young Transatlantic Innovation Leaders Initiative. This program invites young entrepreneurs from Europe for a one-month fellowship in American start-ups or small to medium-sized businesses in nine different U.S. cities. By participating in this program, these Fellows develop their leadership skills and entrepreneurial mindset while establishing transatlantic partnerships between the U.S. and Europe. This initiative not only contributes to the personal growth of the Fellows but also fosters international collaboration and understanding.
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Impact
October, 2024
The International Visitors Center of Chicago plays a significant role in fostering citizen diplomacy and enhancing cross-cultural exchanges between Chicagoans and global visitors. By serving as a hub for international dialogue, it creates opportunities for local residents to engage with individuals from various cultural backgrounds, enriching the community and promoting mutual understanding.
One of its notable initiatives, the Young Transatlantic Innovation Leaders Initiative, invites young entrepreneurs from Europe to participate in a one-month fellowship across multiple U.S. cities, including Chicago. This program not only cultivates leadership and entrepreneurial skills among the fellows but also facilitates the formation of transatlantic partnerships, strengthening ties between the U.S. and Europe.
Through these efforts and various programs, the International Visitors Center significantly contributes to the cultural fabric of Chicago, promoting inclusivity, collaboration, and innovation in a global context. Its impact extends beyond the local community by building lasting relationships that have the potential to influence international cooperation and economic development.
This information is meant to be a general summary of International Visitors Center Of Chicago. 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: $989
- Program Service Revenue: $49,064
- Gross Receipts: $2,251,092
Assets and Liabilities:
- Total Assets: $1,380,599
- Total Liabilities: $284,047
- Net Assets: $1,096,552
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program service fees
Revenue
$49,064
Organization Details
Founding Year
1952
Phone
(312) 254-1800Principal Officer
Peggy Parfenoff
Main Address
309 W Washington Street 450, Chicago, IL, 60606
Website
www.worldchicago.orgNTEE Category
Code: Q230 - International
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