Overview
What is The Ecumenical Institute?
The Ecumenical Institute is a nonprofit organization situated in Chicago, Illinois, specifically at 4750 N Sheridan Road. It serves as a hub for various non-profit agencies, providing essential services such as medical care, mental health support, and homeless assistance to the diverse community in the Uptown Chicago neighborhood. The organization operates within the historic Greenrise Building, fostering a unique and creative work culture. Additionally, several churches are housed within this building, further enhancing its role as a community center. The Ecumenical Institute employs a team of eight individuals, dedicated to supporting the well-being of the neighborhood.
Official website here: www.ica-usa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
The Ecumenical Institute has achieved an overall score of 81%, reflecting a strong commitment to accountability and finance. The rating is primarily derived from a single beacon score, indicating that the organization has performed well in key financial metrics. A significant highlight is the full score of 100% for having an independent board, which illustrates a robust governance structure.
Moreover, the organization exhibits exceptional financial stewardship with a program expense ratio of 86.91%, suggesting that a substantial portion of its resources is allocated towards its mission-driven activities. The institute has also demonstrated effective oversight through the establishment of various policies, including conflict of interest and whistleblower protections, further enhancing its accountability.
However, a notable area of concern is the liabilities to assets ratio, which stands at 74.23%. This could indicate potential financial vulnerability or risk, highlighting the need for ongoing monitoring and management of liabilities. Overall, while The Ecumenical Institute shows strong governance and financial health, addressing its liabilities more effectively would be advisable for future stability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Ecumenical Institute?
92% of 11 reviewers on Facebook recommend The Ecumenical Institute. Here is a summary of their reviews:
Many reviewers express a deep appreciation for the transformative impact that the nonprofit has made in communities around the world. One particular review highlights a successful project in India, showcasing the organization's ability to empower rural villages and improve their living conditions significantly. The positive sentiment emphasizes the effective and promising strategies employed by the nonprofit, which have led to notable progress in various international initiatives.
Overall, the feedback indicates that The Ecumenical Institute not only delivers on its commitments but also inspires hope and faith in its mission. People value the organization's can-do approach, noting its successful projects across multiple time zones, which reflects a strong track record in enacting meaningful change for marginalized communities.
This AI summary has been generated from reviews found on Facebook.
Is The Ecumenical Institute legitimate?
The Ecumenical Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ecumenical Institute 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: $340,403
For more financial information, click here
Official website here: www.ica-usa.org
What is the mission statement of The Ecumenical Institute?
The Ecumenical Institute, through ICA Greenrise Uptown, promotes a creative environment for both living and working within an historic eight-story building. This initiative aims to support religious organizations, non-profits, and social service agencies. By doing so, it enables various non-profit agencies to provide essential services such as medical, mental health support, and homeless services to the diverse population in the Uptown Chicago neighborhood. Additionally, the Greenrise Building houses several churches, furthering its mission of community support.
Official website here: www.ica-usa.org
Who is the CEO of The Ecumenical Institute?
Margaret Gergen is the Vice Chair of The Ecumenical Institute.
Official website here: www.ica-usa.org
What is the revenue of The Ecumenical Institute?
The Ecumenical Institute's revenue in 2022 was $1,392,728.
Official website here: www.ica-usa.org
Who are the executives of The Ecumenical Institute and what are their salaries?
The average compensation at The Ecumenical Institute during 2022 was $42,550. There are 8 employees and 10 volunteers at The Ecumenical Institute.
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Official website here: www.ica-usa.org
Where can I find the form 990 for The Ecumenical Institute?
The Ecumenical Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ica-usa.org
Learn more at the official website: www.ica-usa.org
Mission Statement of The Ecumenical Institute
The Ecumenical Institute, in its mission, fosters a vibrant culture of living and working within an eight-story historical building. This institution serves as a supportive environment for religious organizations, non-profits, and social service agencies. By housing these entities under one roof, The Ecumenical Institute enables multiple non-profit agencies to provide vital services such as medical care, mental health support, and assistance for the homeless to the diverse population residing in the Uptown Chicago neighborhood. Furthermore, several churches also call this building home, contributing to the spiritual well-being of the community.
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Impact
October, 2024
The Ecumenical Institute plays a significant role in enhancing the quality of life in the Uptown neighborhood of Chicago. Through the ICA Greenrise Uptown initiative, it has transformed a historic 8-story building into a vibrant service center that fosters collaboration among various non-profit agencies, including those focused on medical, mental health, and homeless services.
This innovative facility not only provides essential support to the area's diverse population but also houses several churches, creating a multifaceted hub for community engagement and spiritual growth. By promoting partnerships among religious organizations and social service entities, the Institute embodies a creative culture that addresses local needs and empowers individuals and families. Its impact is felt not only through direct services but also by fostering a sense of community and collaboration that strengthens the social fabric of Uptown Chicago.
This information is meant to be a general summary of The Ecumenical Institute. 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: $69
- Program Service Revenue: $1,369,681
- Gross Receipts: $1,392,728
Assets and Liabilities:
- Total Assets: $3,560,272
- Total Liabilities: $2,643,148
- Net Assets: $917,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPACE USAGE & PARKING
Revenue
$1,369,681
Organization Details
Founding Year
1964
Phone
(773) 769-6363Principal Officer
Margaret Gergen
Main Address
4750 N SHERIDAN ROAD, CHICAGO, IL, 60640
Website
www.ica-usa.orgNTEE Category
Code: X90Z - Religion related
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