Overview
What is Chicago United?
Chicago United is a prominent nonprofit organization based in Chicago, Illinois, specifically at 300 E Randolph Street 40200. Their primary mission is to promote economic opportunity for individuals of color by advancing multiracial leadership in corporate governance, expanding the talent pipeline for executive-level management, and fostering the growth of minority businesses. To achieve this goal, Chicago United offers a range of signature programs, initiatives, and research. These resources provide companies with tangible tools to transform their organizational cultures, fostering inclusivity. Through peer-to-peer forums, thought leaders convene to discuss best practices and identify necessary actions to develop, advance, and sustain an inclusive corporate culture. With a dedicated team of 12 employees, Chicago United plays a vital role in promoting diversity and equity in the business world.
Official website here: www.chicago-united.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Chicago United has achieved a high level of accountability and financial transparency, reflected in its impressive score of 96%. This rating indicates that the organization is effectively managing its resources and adhering to best practices in governance. The charity boasts a completely independent board, which is crucial for maintaining objectivity and integrity in its operations.
The organization demonstrates strong financial health, with a significant program expense ratio of 79.14%, indicating that the majority of its expenditures are directed towards its mission-driven programs. Furthermore, the absence of any material diversion of assets further underscores its commitment to responsible financial management. Their adherence to policies such as conflict of interest and whistleblower protections, coupled with a robust audit and oversight committee, exemplifies Chicago United's dedication to operational accountability.
While Chicago United’s financial practices are commendable, continued focus on maintaining its high standards will be essential as it navigates future challenges. The organization’s commitment to transparency and ethical governance has been well recognized, setting a positive example within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago United legitimate?
Chicago United is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago United 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: $375,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $910,568
For more financial information, click here
Official website here: www.chicago-united.org
What is the mission statement of Chicago United?
Chicago United's mission is centered around promoting economic equality for individuals of color. They aim to achieve this by advocating for multiracial leadership in corporate governance, expanding the talent pipeline for executive-level management positions, and fostering the growth of minority-owned businesses. The organization serves as a thought leader in advancing inclusion, offering programs, initiatives, and research to provide companies with the necessary tools to transform their organizational cultures. Peer-to-peer forums facilitate discussions among thought leaders, enabling the exchange of best practices and identifying actions required to develop, advance, and sustain an inclusive work environment.
Official website here: www.chicago-united.org
Who is the CEO of Chicago United?
Tiffany Hamel Johnson is the CEO of Chicago United The CEO's salary of Chicago United is $369,504 and their total compensation is $375,294.
Official website here: www.chicago-united.org
What is the revenue of Chicago United?
Chicago United's revenue in 2023 was $2,256,091.
Official website here: www.chicago-united.org
Who are the executives of Chicago United and what are their salaries?
The average compensation at Chicago United during 2023 was $116,897. There are 11 employees and 16 volunteers at Chicago United.
Here are 22 key members and their salaries (Chicago United's CEO's salary is $369,504 and their total compensation is $375,294):
- Compensation: $369,504
- Related: $0
- Other: $5,790
- Compensation: $189,948
- Related: $0
- Other: $15,874
- Compensation: $148,552
- Related: $0
- Other: $15,594
- Compensation: $143,587
- Related: $0
- Other: $14,098
- Compensation: $123,642
- Related: $0
- Other: $12,533
- Compensation: $0
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Official website here: www.chicago-united.org
Where can I find the form 990 for Chicago United?
Chicago United's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chicago-united.org
Learn more at the official website: www.chicago-united.org
Mission Statement of Chicago United
Chicago United, a prominent organization, strives to achieve economic equality for individuals of color. They accomplish this goal by promoting multiracial leadership in corporate governance, enhancing the talent pipeline for executive-level management positions, and fostering the growth of minority-owned businesses. This mission aims to break down barriers and create opportunities for underrepresented communities in the corporate world. By doing so, Chicago United contributes to a more inclusive and equitable society.
In their pursuit of this mission, Chicago United offers a variety of programs and initiatives. They serve as a thought leader in advancing inclusion, providing companies with the necessary tools to transform their organizational cultures. Their signature programs and forums bring together influential figures to discuss best practices and strategies for addressing inclusion-related issues. Through these initiatives, Chicago United empowers companies to develop, advance, and maintain inclusive cultures, thereby creating a more equitable environment for individuals of color in corporate settings.
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Impact
October, 2024
Chicago United drives significant impact by fostering multiracial leadership within corporate governance and enhancing economic opportunities for people of color. Through its signature programs, the organization equips companies with concrete tools to promote inclusive cultures, addressing systemic inequalities in the business landscape.
The initiatives not only focus on expanding the talent pipeline for executive management but also emphasize the growth and sustainability of minority-owned businesses. By facilitating peer-to-peer forums, Chicago United brings together thought leaders to share best practices and develop actionable strategies aimed at creating enduring change.
This approach not only transforms individual organizations but promotes a wider cultural shift towards inclusivity in Chicago's business community and beyond, ultimately striving for equitable economic participation for all.
This information is meant to be a general summary of Chicago United. 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: $106,765
- Program Service Revenue: $1,202,300
- Gross Receipts: $2,430,409
Assets and Liabilities:
- Total Assets: $2,555,748
- Total Liabilities: $492,761
- Net Assets: $2,062,987
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CII CLUSTER TRAINING
Revenue
$545,000
MEMBERSHIP DUES
Revenue
$657,300
Organization Details
Founding Year
1973
Principal Officer
Tiffany Hamel Johnson
Website
www.chicago-united.orgNTEE Category
Code: T70Z - Philanthropy
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