Overview
What is Institute For Latino Progress?
The Institute for Latino Progress is a Chicago-based nonprofit organization, located at 2520 South Western Avenue, Illinois, with a workforce of 274 employees. They are known for managing two charter schools, Instituto Health Sciences Career Academy, LLC and Instituto Justice and Leadership Academies, LLC. The Institute's mission is to contribute to the holistic development of Latino immigrants and their families by offering education, training, and employment opportunities. Their services encompass career pathways, adult education, citizenship programs, and youth development. Their goal is to foster full societal participation while preserving cultural identity and dignity.
Official website here: www.institutochicago.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
The Institute for Latino Progress has received a commendable Four-Star rating from Charity Navigator, signifying high accountability and financial health. With a perfect score in key areas such as board independence and financial oversight, the organization demonstrates strong governance practices. The absence of asset diversion and the presence of essential policies reflect its commitment to transparency and ethical operations.
User feedback highlights the organization's impactful mission and effective teamwork. A volunteer emphasized the honor of partnering with the Institute, showcasing the positive relationships it fosters with collaborators. Such testimonials suggest that the Institute not only excels in financial management but also inspires trust and admiration within the community it serves.
While no significant limitations were noted in the feedback or ratings, the focus on accountability may overshadow other aspects of the organization's performance. Nonetheless, the overall data presents a solid picture of a well-managed nonprofit that effectively utilizes its resources to further its mission.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Institute For Latino Progress legitimate?
Institute For Latino Progress is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Latino Progress 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: $297,392
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,206,825
For more financial information, click here
Official website here: www.institutochicago.org/
What is the mission statement of Institute For Latino Progress?
The Institute For Latino Progress is dedicated to facilitating the complete development of Latino immigrants and their families. Through education, training, and employment opportunities, the organization fosters full societal participation while preserving cultural identity and dignity. The Institute operates two charter schools, Instituto Health Sciences Career Academy and Instituto Justice and Leadership Academies, providing quality education to students. By offering these services, the Institute for Latino Progress empowers Latino communities to reach their full potential and contribute positively to society.
Official website here: www.institutochicago.org/
Who is the CEO of Institute For Latino Progress?
Karina Ayala-Bermejo is the Chair of Institute For Latino Progress. The CEO's salary of Institute For Latino Progress is $184,231 and their total compensation is $212,136.
Official website here: www.institutochicago.org/
What is the revenue of Institute For Latino Progress?
Institute For Latino Progress's revenue in 2023 was $17,958,395.
Official website here: www.institutochicago.org/
Who are the executives of Institute For Latino Progress and what are their salaries?
The average compensation at Institute For Latino Progress during 2023 was $38,337. There are 274 employees and 225 volunteers at Institute For Latino Progress.
Here are 22 key members and their salaries (Institute For Latino Progress's CEO's salary is $184,231 and their total compensation is $212,136):
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- Compensation: $184,231
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- Other: $23,710
- Compensation: $100,220
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- Other: $13,597
Official website here: www.institutochicago.org/
Where can I find the form 990 for Institute For Latino Progress?
Institute For Latino Progress's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.institutochicago.org/
Learn more at the official website: www.institutochicago.org/
Mission Statement of Institute For Latino Progress
The Institute for Latino Progress, a renowned nonprofit organization, is dedicated to the holistic development of Latino immigrants and their families. Through its education, training, and employment programs, the Institute fosters full participation in society while preserving cultural identity and dignity.
More specifically, the Institute operates two charter schools, Instituto Health Sciences Career Academy and Instituto Justice and Leadership Academies, which provide quality education to students. These schools contribute significantly to the Institute's mission by empowering Latino students with the knowledge and skills needed to succeed in their future careers.
In addition to its educational initiatives, the Institute offers adult education programs designed to enhance the skills and employability of Latino adults. These programs provide valuable opportunities for individuals to upgrade their skills sets and improve their employment prospects, thereby contributing to their economic stability and self-sufficiency.
Furthermore, the Institute offers citizenship services to help Latino immigrants navigate the naturalization process and become full members of American society. By providing comprehensive citizenship services, the Institute not only aids individuals in achieving their personal goals but also strengthens the overall Latino community by increasing civic engagement and participation.
In essence, the Institute for Latino Progress serves as a vital resource for the Latino community, offering a range of programs that address the unique needs of immigrant families and contribute to their overall well-being and full participation in society.
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Impact
October, 2024
The Institute For Latino Progress significantly impacts the Latino community by focusing on education and workforce development. It operates charter schools, such as Instituto Health Sciences Career Academy and Instituto Justice and Leadership Academies, which provide quality educational opportunities tailored to the needs of Latino immigrants and their families in Chicago, IL.
Through its various programs, including adult education, career pathways, and citizenship initiatives, the Institute empowers individuals to achieve their fullest potential. By fostering educational attainment and employment opportunities, it facilitates greater social integration while respecting and preserving cultural identity. The Institute's commitment to youth development ensures that the next generation has access to the tools and resources necessary for success, thereby creating a positive ripple effect within the community. Overall, the Institute For Latino Progress plays a vital role in enhancing the lives of Latino individuals and families, promoting their active participation in society.
This information is meant to be a general summary of Institute For Latino Progress. 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.
- Program Service Revenue: $220,048
- Gross Receipts: $18,055,298
Assets and Liabilities:
- Total Assets: $23,717,921
- Total Liabilities: $10,720,959
- Net Assets: $12,996,962
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLASS/STUDENT FEES
Revenue
$220,048
Organization Details
Founding Year
1977
Phone
(773) 890-0055Principal Officer
Karina Ayala-Bermejo
Main Address
2520 SOUTH WESTERN AVENUE, CHICAGO, IL, 60608
Website
www.institutochicago.org/NTEE Category
Code: P800 - Human services
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