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The Inner Voice Inc

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

EIN: 363298143 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Inner Voice Inc?

The Inner Voice Inc, situated in Chicago, Illinois, is a dedicated nonprofit organization. Their primary mission is to assist socially and economically disadvantaged individuals in their journey towards self-reliance and securing a permanent home. They have spearheaded the Chronoc Homeless Initiative, which provides permanent housing, rental subsidies, and supportive services for chronically homeless single men and women. With a workforce of 64 employees, The Inner Voice Inc continues to support their community and contribute to breaking the cycle of homelessness.


Official website here: www.ivchi.org

What are the reviews and ratings of this charity?

89% rating from Charity Navigator indicates that The Inner Voice Inc is performing well in accountability and finance, earning it a Three-Star out of Four Star rating. This score reflects the organization's commitment to transparency and effective financial management, as evidenced by its strong performance in independent board member composition and the absence of any material diversion of assets.

The organization showcases high scores in various categories, such as a 100% independent board and excellent financial statements oversight. Additionally, it has a robust conflict of interest policy and demonstrates effective practices in collecting and utilizing constituent feedback. Its program expense ratio of 89.52% highlights a strong focus on program services, ensuring that funds are effectively directed towards its mission.

While the charity's overall performance is commendable, the equity strategies score of 81 could indicate room for improvement in addressing equity-related initiatives. However, the high scores in constituent feedback and challenges suggest that the organization is responsive and adaptable to the needs of those it serves. Overall, The Inner Voice Inc demonstrates a solid operational foundation with a commitment to accountability and community engagement.


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

Is The Inner Voice Inc legitimate?

The Inner Voice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Inner Voice Inc 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: $2,149,798

For more financial information, click here


Official website here: www.ivchi.org

What is the mission statement of The Inner Voice Inc?

The Inner Voice Inc, as an organization, is committed to assisting socially and economically disadvantaged individuals in their journey towards self-reliance and securing a stable living space. Their mission is to provide support in this quest, aiming to help these individuals find a place they can call home with dignity.

One of the key initiatives of The Inner Voice Inc is the Chronically Homeless Initiative. Under this program, they offer permanent housing, rental subsidies, and supportive services to chronically homeless single men and women. This comprehensive approach aims to provide a sustainable solution to homelessness, enabling these individuals to rebuild their lives.

By focusing on self-reliance and providing essential resources, The Inner Voice Inc seeks to empower its beneficiaries, enabling them to lead more independent and fulfilling lives. Their mission is a testament to their commitment to making a positive impact in the lives of those who are often overlooked and underserved in society.


Official website here: www.ivchi.org

Who is the CEO of The Inner Voice Inc?

Jacqueline Edens is the Chair of The Inner Voice Inc.


Official website here: www.ivchi.org

What is the revenue of The Inner Voice Inc?

The Inner Voice Inc's revenue in 2022 was $4,153,574.


Official website here: www.ivchi.org

Who are the executives of The Inner Voice Inc and what are their salaries?

The average compensation at The Inner Voice Inc during 2022 was $33,591. There are 64 employees at The Inner Voice Inc.


Here are 9 key members and their salaries:


Sean B Harden (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Simon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ziemba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Lewelling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Wilen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Sifuentes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline C Edens (Cheif Executive Officer)
  • Compensation: $105,000
  • Related: $0
  • Other: $0
Diana Mitchell (Cpo)
  • Compensation: $90,000
  • Related: $0
  • Other: $0
Khurram Navaid (Cfo)
  • Compensation: $90,000
  • Related: $0
  • Other: $0


Official website here: www.ivchi.org

Where can I find the form 990 for The Inner Voice Inc?

The Inner Voice Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ivchi.org

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

Mission Statement of The Inner Voice Inc

The Inner Voice Inc is an organization dedicated to assisting socially and economically disadvantaged individuals in their journey towards self-reliance and securing a permanent home. Their mission is centered around supporting these individuals, providing them with the necessary resources to overcome their challenges and establish a sense of stability.

One of the primary initiatives undertaken by The Inner Voice Inc is the Chronoc Homeless Initiative. This program is designed to address the needs of chronically homeless single men and women by offering permanent housing, rental subsidies, and supportive services. By providing these essential resources, The Inner Voice Inc aims to help these individuals break the cycle of homelessness and establish a foundation for a more stable and independent future.

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Impact




October, 2024

The Inner Voice Inc has made a significant impact on the lives of socially and economically disadvantaged individuals in Chicago. By focusing on promoting self-reliance and providing stable housing solutions, the organization addresses critical issues surrounding homelessness.

Through initiatives like the Chronically Homeless Initiative, Inner Voice offers permanent housing, rental subsidies, and essential supportive services tailored for chronically homeless individuals. This comprehensive approach not only helps individuals secure a place to call home but also empowers them to rebuild their lives and achieve greater independence.

The organization's commitment to fostering stability and community integration is crucial in helping to break the cycle of poverty and homelessness, ultimately transforming lives and revitalizing neighborhoods in the Chicago area.




This information is meant to be a general summary of The Inner Voice Inc. 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
$4,153,574 (2022)
Expenses
$4,105,607 (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: $41,681
  • Gross Receipts: $4,153,574

Assets and Liabilities:

  • Total Assets: $1,757,671
  • Total Liabilities: $876,111
  • Net Assets: $881,560

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Programs

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

PROGRAM SERVICE

Revenue

$41,681

Organization Details

Founding Year

1984

Principal Officer

Jacqueline Edens

Main Address

567 W LAKE STREET 1150, CHICAGO, IL, 60661

NTEE Category

Code: P850 - Human services

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