Overview
What is The Center For Economic Research And Social Change Inc?
The Center for Economic Research and Social Change Inc., situated in Chicago, Illinois, is a nonprofit organization with a passionate mission. They specialize in disseminating educational resources and information on matters pertaining to labor rights, civil rights, women's rights, and social inequality. Their approach is multifaceted, encompassing magazine and book publications, web-based content, and the organization of public events such as meetings, seminars, and conferences. With a dedicated workforce of 28 individuals, they strive to promote awareness and foster dialogue on economic justice issues.
Official website here: www.cersc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Center For Economic Research And Social Change Inc has received an overall score of 87%, which reflects a solid level of accountability and financial management. This rating is primarily driven by its high accountability metrics, where it excelled in areas such as having a majority of independent board members and a strong conflict of interest policy. The organization also demonstrates excellent financial health, with a very low liabilities to assets ratio and a high program expense ratio, indicating that the majority of its funds are directed towards its mission.
Strengths noted include the charity's strong financial efficiency with a fundraising efficiency ratio of $0.02, meaning it effectively raises funds with minimal costs. Additionally, the organization maintains good practices with documented board meeting minutes and policies in place for whistleblower protection and document retention. These attributes are indicators of a well-governed organization that prioritizes transparency and accountability.
However, the charity's score has some limitations, particularly in the area of its independent board size, which received a low score. While it scored highly on a majority of the accountability measures, improvement in board structure could enhance governance and oversight further. Overall, The Center For Economic Research And Social Change Inc demonstrates a commitment to financial integrity and effective service delivery, making it a noteworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Center For Economic Research And Social Change Inc legitimate?
The Center For Economic Research And Social Change Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center For Economic Research And Social Change 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: $61,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,841,166
For more financial information, click here
Official website here: www.cersc.org
What is the mission statement of The Center For Economic Research And Social Change Inc?
The Center for Economic Research and Social Change Inc is committed to providing educational materials, information, and instruction on various social and economic justice issues. They focus on topics such as labor rights, civil liberties, and women's rights. This mission is executed through various means, including magazine publications, book releases, web-based content, and the sponsorship of public meetings, seminars, and conferences. The organization aims to foster understanding and advocacy for these issues, engaging the public in discussions and events.
Official website here: www.cersc.org
What is the revenue of The Center For Economic Research And Social Change Inc?
The Center For Economic Research And Social Change Inc's revenue in 2023 was $9,706,276.
Official website here: www.cersc.org
Who are the executives of The Center For Economic Research And Social Change Inc and what are their salaries?
The average compensation at The Center For Economic Research And Social Change Inc during 2023 was $59,452. There are 32 employees and 15 volunteers at The Center For Economic Research And Social Change Inc.
Here are 6 key members and their salaries:
- Compensation: $61,305
- Related: $0
- Other: $0
- Compensation: $36,312
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $136
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cersc.org
Where can I find the form 990 for The Center For Economic Research And Social Change Inc?
The Center For Economic Research And Social Change Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cersc.org
Learn more at the official website: www.cersc.org
Mission Statement of The Center For Economic Research And Social Change Inc
The Center for Economic Research and Social Change Inc is dedicated to promoting education and awareness on various social justice and economic equity issues. Through a multifaceted approach, this organization strives to inform and instruct on matters pertaining to labor rights, civil liberties, and women's rights, among others. This mission is accomplished through various channels, such as publishing magazines, books, and utilizing web-based platforms. Furthermore, The Center for Economic Research and Social Change Inc also sponsors public meetings, seminars, and conferences to engage the community and foster open dialogue on these important topics.
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Impact
October, 2024
The Center for Economic Research and Social Change Inc significantly impacts the discourse around labor rights, civil rights, women's rights, and broader issues of social inequality and economic justice. By producing educational materials and providing information on these critical topics, the organization enhances public understanding and engagement.
Through a diverse array of channels, such as magazines, books, and web-based publications, the center effectively disseminates knowledge and raises awareness about pressing social issues. Their sponsorship of public meetings, seminars, and conferences fosters dialogue among activists, scholars, and community members, creating platforms for shared learning and collaboration.
Operating from Chicago, IL, the center's initiatives contribute to the empowerment of marginalized communities by equipping them with the knowledge and tools needed to advocate for their rights. By focusing on education and public discourse, they play a vital role in promoting social change and informing policy discussions, thereby influencing the movement towards economic justice and equality.
This information is meant to be a general summary of The Center For Economic Research And Social Change 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $203,281
- Program Service Revenue: $259,309
- Gross Receipts: $10,778,281
Assets and Liabilities:
- Total Assets: $12,558,296
- Total Liabilities: $600,885
- Net Assets: $11,957,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY CENTER RENTALS
Revenue
$64,390
Conference
Revenue
$197,176
Journals
Revenue
-$2,257
Organization Details
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