Overview
What is Leadership Greater Chicago?
Leadership Greater Chicago is a renowned nonprofit organization located in Chicago, Illinois. Their primary mission is to nurture future leaders who will shape the city's future and contribute to its well-being. They accomplish this through their signature Fellowship Program, which immerses nominated and sponsored individuals from various sectors in a year-long course. This program exposes participants to significant issues facing Chicago and the greater region, fostering an understanding of decision-making processes, policy shaping, and influence tactics. The Daniel Burnham Fellowship, launched in 2019, is an exclusive program specifically designed for senior executives new to their roles or to Chicago. This fellowship aims to integrate them into the city's civic fabric by providing insight into its history, future trajectory, and business community. Leadership Greater Chicago has a small yet dedicated team of nine employees.
Official website here: www.lgcchicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Leadership Greater Chicago has received an 87% rating from Charity Navigator, indicating strong accountability and financial practices. The charity demonstrated exemplary governance with a fully independent board and comprehensive financial oversight, which contributes positively to its overall score. It has implemented essential policies, including conflict of interest and whistleblower protections, ensuring transparency and ethical management.
The organization stands out for its commitment to maintaining low liabilities relative to its assets, showcasing financial stability. However, the program expense ratio, which measures how much of its budget is directed toward its mission, is at 62.55%. While this is a decent percentage, it indicates that there is room for improvement in maximizing resources for programs directly benefiting the community.
Overall, Leadership Greater Chicago exhibits robust practices in accountability and finance, affirming its dedication to responsible management. Nonetheless, stakeholders may want to see a higher percentage of program expenses to enhance the charity's impact and effectiveness further.
This AI summary has been generated from information found on Charity Navigator.
Is Leadership Greater Chicago legitimate?
Leadership Greater Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership Greater 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: $565,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,582
For more financial information, click here
Official website here: www.lgcchicago.org
What is the mission statement of Leadership Greater Chicago?
Leadership Greater Chicago's mission is geared towards enhancing the quality of future leaders in various sectors, whom the community relies upon for its well-being. This organization conducts a year-long fellowship program, immersing nominated and sponsored participants in the major socioeconomic issues facing their city. The program includes retreats, seminars, site visits, discussions, service projects, and cultural events, aiming to help participants understand decision-making processes, policy shaping, and how to influence meaningful change. An exclusive program, the Daniel Burnham Fellowship, was launched in February 2019, designed for senior executives new to their roles or new to the city, to integrate into its civic fabric, understand its history and future trajectory, and build relationships across the region.
Official website here: www.lgcchicago.org
Who is the CEO of Leadership Greater Chicago?
Maria Wynne is the President of Leadership Greater Chicago. The CEO's salary of Leadership Greater Chicago is $326,000 and their total compensation is $357,422.
Official website here: www.lgcchicago.org
What is the revenue of Leadership Greater Chicago?
Leadership Greater Chicago's revenue in 2022 was $3,036,444.
Official website here: www.lgcchicago.org
Who are the executives of Leadership Greater Chicago and what are their salaries?
The average compensation at Leadership Greater Chicago during 2022 was $95,695. There are 9 employees and 132 volunteers at Leadership Greater Chicago.
Here are 25 key members and their salaries (Leadership Greater Chicago's CEO's salary is $326,000 and their total compensation is $357,422):
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- Compensation: $326,000
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- Other: $31,422
- Compensation: $169,128
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- Other: $11,693
Official website here: www.lgcchicago.org
Where can I find the form 990 for Leadership Greater Chicago?
Leadership Greater Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lgcchicago.org
Learn more at the official website: www.lgcchicago.org
Mission Statement of Leadership Greater Chicago
Leadership Greater Chicago, as an organization, is dedicated to enhancing the quality of future leaders who will play a significant role in the well-being of the Chicago metropolitan area. Their mission is threefold: firstly, they aim to develop leaders from various sectors by providing them with a comprehensive understanding of the major socioeconomic issues facing the city and the greater Chicago region. This is achieved through retreats, seminars, site visits, discussions with leaders and experts, service projects, and cultural events. Secondly, they seek to empower these leaders to influence meaningful change by helping them comprehend decision-making processes, the shaping of complex policies, and the art of effecting change. Lastly, Leadership Greater Chicago offers an exclusive program called the Daniel Burnham Fellowship. This accelerated civic onboarding experience is designed for C-suite or senior executives new to their roles or to the city of Chicago. The fellowship aims to integrate these leaders into the city's civic fabric by providing them with a deeper understanding of its history, future trajectory, and business community, enabling them to build relationships and networks across the greater Chicago region.
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Impact
October, 2024
Leadership Greater Chicago profoundly impacts the Chicago metropolitan area by developing and empowering future leaders equipped to address the city's most pressing socioeconomic challenges. Through its year-long Signature Fellows Program, participants engage in immersive experiences that deepen their understanding of complex policy-making and community needs.
Fellows participate in retreats, seminars, site visits, and discussions with experts, all designed to instill the skills necessary for driving meaningful change. This comprehensive approach not only prepares individuals to navigate Chicago’s intricate social landscape but also fosters a strong network of collaborators across various sectors.
The Daniel Burnham Fellowship further enhances this impact by accelerating the integration of senior executives into Chicago's civic life. By equipping these leaders—who are either new to their roles or to the city—with a thorough understanding of Chicago's history and future, the program encourages them to leverage their influence for the region's benefit.
Ultimately, Leadership Greater Chicago cultivates a generation of thoughtful, well-connected leaders who are committed to improving the community's well-being and ensuring that Chicago continues on its path of economic progress.
This information is meant to be a general summary of Leadership Greater 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: $70,489
- Program Service Revenue: $1,442,250
- Gross Receipts: $3,258,539
Assets and Liabilities:
- Total Assets: $3,720,417
- Total Liabilities: $172,490
- Net Assets: $3,547,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SIGNATURE FELLOWS PROGRAM
Revenue
$817,250
BURNHAM FELLOWSHIP
Revenue
$625,000
Organization Details
Founding Year
1983
Phone
(312) 565-0300Principal Officer
Maria Wynne
Main Address
205 W WACKER DR 1400, CHICAGO, IL, 60606
Website
www.lgcchicago.orgNTEE Category
Code: W70Z - Public benefit
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