Illinois Aikido Club

Chicago Aikikai

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

EIN: 362557303 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Illinois Aikido Club?

The Illinois Aikido Club, situated in Chicago, Illinois, is a nonprofit organization primarily focused on teaching the martial art of Aikido. Their mission extends beyond self-defense, serving as a hub for physical fitness and community recreational activities. Through their programs, they provide comprehensive education in Aikido techniques, nurturing both the physical and mental well-being of their students. As a community-oriented facility, they contribute to promoting a healthier and more engaged local community.


Official website here: www.chicagoaikikai.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

The Illinois Aikido Club has received a low rating of 53%, reflecting significant accountability and financial concerns. Notably, the organization lacks independent board members, which raises questions about governance and oversight. Key policies, such as conflict of interest and whistleblower protections, are missing, contributing to the low accountability score.

Despite these issues, the club demonstrates a strong commitment to its programs, with a program expense ratio of 87.58%. This indicates that a substantial majority of its expenses are directed towards its activities, suggesting focus on its mission. Additionally, the organization has not reported any material diversion of assets, which is a positive aspect of its financial management.

However, the absence of essential governance documents, including board meeting minutes and a publicly available tax form, limits transparency. These deficiencies may hinder trust and confidence among potential supporters and stakeholders, making it crucial for the Illinois Aikido Club to address these areas for improvement.


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

Is Illinois Aikido Club legitimate?

Illinois Aikido Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Aikido Club 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: $0

For more financial information, click here


Official website here: www.chicagoaikikai.org

What is the mission statement of Illinois Aikido Club?

The Illinois Aikido Club, through its mission, focuses on educating students in the art of Aikido. Their activities extend beyond martial arts, functioning as a facility that promotes physical fitness and serves as a community recreational hub. By offering programs in Aikido, they aim to provide students with a comprehensive learning experience in this martial art.


Official website here: www.chicagoaikikai.org

Who is the CEO of Illinois Aikido Club?

Marsha Turner is the President of Illinois Aikido Club.


Official website here: www.chicagoaikikai.org

What is the revenue of Illinois Aikido Club?

Illinois Aikido Club's revenue in 2022 was $51,477.


Official website here: www.chicagoaikikai.org

Who are the executives of Illinois Aikido Club and what are their salaries?

There 3 volunteers at Illinois Aikido Club.


Here are 3 key members and their salaries:


Marsha Turner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Reiff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Vitale (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chicagoaikikai.org

Where can I find the form 990 for Illinois Aikido Club?

Illinois Aikido Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chicagoaikikai.org

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

Mission Statement of Illinois Aikido Club

Illinois Aikido Club, a nonprofit organization, is dedicated to enlightening students about the martial art of Aikido. This institution serves as a hub for physical fitness and community recreation, offering comprehensive education in Aikido techniques. By participating in its programs, individuals can immerse themselves in the rich tradition and philosophies of this martial art, fostering their physical and mental well-being. Illinois Aikido Club plays a significant role in promoting the practice of Aikido, providing a space where individuals can learn, grow, and engage in this unique martial art.

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Impact




August, 2024

The Illinois Aikido Club, also known as Chicago Aikikai, plays a vital role in educating individuals in the martial art of Aikido. By offering programs that focus on Aikido martial arts, they contribute to the physical fitness and overall well-being of their students. Operating as a community recreational facility in Chicago, Illinois, the club provides a platform for individuals to learn and practice this traditional martial art form. Through their dedication to teaching Aikido, the Illinois Aikido Club positively impacts the lives of its students by promoting physical fitness, self-discipline, and a sense of community.




This information is meant to be a general summary of Illinois Aikido Club. 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
$51,477 (2022)
Expenses
$59,583 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $39,642
  • Gross Receipts: $51,477

Assets and Liabilities:

  • Total Assets: $74,942
  • Total Liabilities: $5
  • Net Assets: $74,937

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$38,106

SEMINARS

Revenue

$1,536

Organization Details

Founding Year

1963

Principal Officer

Marsha Turner

Main Address

1444 W CHICAGO AVE ROOM 2, CHICAGO, IL, 60642

NTEE Category

Code: N30 - Recreation

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