Overview
What is Entrepreneurs Organization - Chicago?
The Entrepreneurs Organization - Chicago is a nonprofit institution situated in Chicago, Illinois, specifically at 318 W Adams Suite 1600. Their primary focus is on fostering personal growth, professional development, and cultivating lasting relationships among successful entrepreneurs. Through workshops, training sessions, conferences, events, dinners, and get-togethers, they provide a supportive and inclusive environment where entrepreneurs can learn from one another, enhance their businesses, and establish meaningful connections. The organization's mission is to empower and uplift its members, encouraging an atmosphere of shared knowledge and professional advancement. As of the provided data, the nonprofit employs a small team of one dedicated individual.
Official website here: www.eochicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%)
The Entrepreneurs Organization - Chicago has received a two-star rating from Charity Navigator, indicating areas where the organization requires improvement, particularly in accountability and finance. The organization boasts a strong independent board with 100% independent members and has successfully maintained no material diversion of assets, reflecting solid governance practices in these areas.
However, the organization has notable weaknesses, particularly with missing important policies such as conflict of interest, whistleblower, and document retention. These omissions impact its accountability score, which is a significant aspect of its overall rating. Additionally, the liabilities to assets ratio raises concerns, indicating potential financial instability.
On a positive note, the organization has demonstrated good program expense management, with a high ratio of 80.53%, showing that it is allocating a substantial portion of its resources to its programs. However, the absence of certain required documents on its website suggests a need for improved transparency and adherence to best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Entrepreneurs Organization - Chicago legitimate?
Entrepreneurs Organization - Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Entrepreneurs Organization - 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,552
For more financial information, click here
Official website here: www.eochicago.org
What is the mission statement of Entrepreneurs Organization - Chicago?
Entrepreneurs Organization - Chicago aims to offer a welcoming and inclusive platform for entrepreneurs to learn, grow their businesses, and establish meaningful relationships. The organization's mission is to provide an environment that fosters personal development, professional growth, and networking opportunities. Members engage in various activities such as workshops, training sessions, conferences, events, dinners, and get-togethers, all designed to support and empower the entrepreneurial community.
Official website here: www.eochicago.org
Who is the CEO of Entrepreneurs Organization - Chicago?
Oleksandr Zatvornitsky is the President of Entrepreneurs Organization - Chicago.
Official website here: www.eochicago.org
What is the revenue of Entrepreneurs Organization - Chicago?
Entrepreneurs Organization - Chicago's revenue in 2023 was $927,116.
Official website here: www.eochicago.org
Who are the executives of Entrepreneurs Organization - Chicago and what are their salaries?
The average compensation at Entrepreneurs Organization - Chicago during 2023 was $173,552. There is 1 employee and 20 volunteers at Entrepreneurs Organization - Chicago.
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Official website here: www.eochicago.org
Where can I find the form 990 for Entrepreneurs Organization - Chicago?
Entrepreneurs Organization - Chicago's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eochicago.org
Learn more at the official website: www.eochicago.org
Mission Statement of Entrepreneurs Organization - Chicago
Entrepreneurs Organization-Chicago, a vibrant community of successful entrepreneurs, is committed to fostering personal growth, professional development, and building lasting relationships. Their mission is to establish a welcoming and inclusive environment where entrepreneurs can learn from one another, enhance their businesses, and form meaningful connections. This mission is accomplished through a variety of membership opportunities, including workshops, training sessions, conferences, events, dinners, and get-togethers specifically designed for Entrepreneurs Organization-Chicago members. These activities not only serve to equip entrepreneurs with valuable skills and knowledge but also provide them with a supportive network to foster growth and success in their respective ventures.
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Impact
July, 2024
Entrepreneurs Organization - Chicago empowers successful entrepreneurs by providing a supportive environment where they can learn from each other, enhance their businesses, and forge meaningful connections. Through workshops, training, conferences, events, dinners, and get-togethers, EO Chicago enables members to achieve personal growth and professional development. This thriving community positively impacts the local entrepreneurial landscape by fostering collaboration, innovation, and continuous learning among its members.
This information is meant to be a general summary of Entrepreneurs Organization - 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 2023.
- Investment Income: $1,524
- Program Service Revenue: $42,388
- Gross Receipts: $927,116
Assets and Liabilities:
- Total Assets: $631,863
- Total Liabilities: $637,553
- Net Assets: -$5,690
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$42,388
Organization Details
Founding Year
1994
Phone
(847) 702-4700Principal Officer
Oleksandr Zatvornitsky
Main Address
318 W ADAMS SUITE 1600, CHICAGO, IL, 60606
Website
www.eochicago.orgNTEE Category
Code: B036 - Education
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