Overview
What is Gmp Labs?
Gmp Labs is a nonprofit organization, whose mission is aimed at addressing the issue of unemployment and lack of education among African American youth aged 20-24 in underprivileged neighborhoods in Chicago. Specifically, they recognize the need for these young individuals to acquire marketable trade-related skills, as they currently lack such opportunities. The organization, however, is not explicitly described in the provided information, and its activities or programs beyond this mission statement remain unknown.
Official website here: www.gmplabs.org
Is Gmp Labs legitimate?
Gmp Labs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gmp Labs submitted a form 990EZ, 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.
Official website here: www.gmplabs.org
What is the mission statement of Gmp Labs?
Gmp Labs, aiming to address a significant issue, seeks to provide properly marketable trade-related job skills to a large portion of 20-24 year-old African American youth who are currently neither working nor in school, particularly in under-served communities. The lack of such opportunities in these neighborhoods often leaves these youth at a disadvantage in the job market.
The organization's mission is to bridge this gap and equip these young individuals with the necessary skills to secure employment and contribute positively to society. By providing these skills, Gmp Labs hopes to empower these youth and improve their overall life prospects.
In essence, Gmp Labs is committed to addressing the employment challenges faced by a significant segment of the African American youth population in Chicago, offering them the opportunity to acquire valuable trade-related skills that can open doors to employment and self-sufficiency.
Official website here: www.gmplabs.org
Who is the CEO of Gmp Labs?
Stephen A Searles is the Executive Director of Gmp Labs.
Official website here: www.gmplabs.org
What is the revenue of Gmp Labs?
Gmp Labs's revenue in 2021 was $0.
Official website here: www.gmplabs.org
Who are the executives of Gmp Labs and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.gmplabs.org
Where can I find the form 990EZ for Gmp Labs?
Gmp Labs's most recent form 990EZ was submitted in 2021 and can be accessed here.
Official website here: www.gmplabs.org
Learn more at the official website: www.gmplabs.org
Mission Statement of Gmp Labs
Gmp Labs, a nonprofit organization, recognizes a significant challenge in Chicago: nearly half of 20-24-year-old African American youth are neither employed nor in school. Furthermore, youth living in underserved neighborhoods lack access to trade-related job skills that can lead to marketable careers. In response to this issue, Gmp Labs aims to address this gap by providing a platform where these young individuals can acquire the necessary skills to secure employment. By offering proper trade-related job training, Gmp Labs aims to empower these young people and help them secure gainful employment, ultimately contributing positively to their lives and communities.
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Impact
October, 2024
Gmp Labs plays a vital role in addressing the challenges faced by young African American individuals in Chicago, particularly those aged 20-24 who find themselves neither working nor in school. By focusing on the critical need for trade-related job skills, Gmp Labs provides a pathway for these youth to acquire marketable skills that can enhance their employability and economic stability.
In underserved neighborhoods where access to training and job opportunities is severely limited, Gmp Labs serves as a crucial resource, equipping participants with the expertise needed to succeed in the workforce. This initiative not only aims to reduce unemployment and underemployment but also addresses broader societal issues, such as crime, by fostering a sense of purpose and stability among youth.
The impact of Gmp Labs extends beyond individual participants; it contributes to community revitalization by promoting economic development and empowering a generation to build better futures for themselves and their families. In doing so, Gmp Labs actively works to change the narrative for young people in Chicago, offering hope and opportunity in the face of significant barriers.
This information is meant to be a general summary of Gmp Labs. 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 2021.
Assets and Liabilities:
- Total Assets: $92
- Total Liabilities: $0
- Net Assets: $92
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Organization Details
Phone
(312) 384-1000Principal Officer
Stephen A Searles
Main Address
111 N Wabash Ave, Chicago, IL, 60602
Website
www.gmplabs.orgNTEE Category
Code: I99 - Crime
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