Overview
What is Illinois Policy Institute?
The Illinois Policy Institute is a nonprofit organization situated in Chicago, Illinois. With a focus on Illinois-specific public policy issues, they conduct research in various sectors such as fiscal matters, education, and government reform. Their primary goal is to disseminate their findings to relevant audiences, engaging through policy papers, media appearances, speaking engagements, and public forums. The institute is characterized as a free-market oriented think tank, dedicated to informing and benefiting Illinois residents, taxpayers, media, and government officials by providing insightful perspectives on the policies impacting their state.
Official website here: www.illinoispolicy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star rating
The Illinois Policy Institute has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and transparency. The organization scored particularly high on leadership and adaptability, achieving a perfect score of 100 in this category, which indicates strong governance practices. Additionally, the majority of the board consists of independent members, further enhancing its credibility.
Financially, the Institute demonstrates positive metrics with a program expense ratio of over 81%, suggesting that a significant portion of its funds is directed toward its mission-driven programs. The fundraising efficiency ratio is low at $0.10, which indicates that the organization is able to raise funds effectively with minimal costs. This efficiency, coupled with a 20 out of 20 score on audit and oversight, showcases the Institute's strong financial health.
However, while the overall rating is commendable, there may be room for improvement in areas like fundraising costs and program expenses to enhance its impact further. The organization has implemented several policies, including conflict of interest and whistleblower policies, which reflect a robust framework for ethical governance and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Illinois Policy Institute legitimate?
Illinois Policy Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Policy Institute 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: $257,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,531,725
For more financial information, click here
Official website here: www.illinoispolicy.org
What is the mission statement of Illinois Policy Institute?
The Illinois Policy Institute is a think tank with a free-market orientation, devoted to informing and educating Illinois constituents on various local, state, and federal public policy issues. Its main objective is to gather, disseminate, and educate Illinois residents, taxpayers, media, and government officials about the policies affecting their state. The Institute conducts research on various topics, such as fiscal matters, education policy, and government reform. It shares its findings through policy papers, media appearances, speaking engagements, and public forums, aiming to improve the understanding and benefit of Illinois residents.
Official website here: www.illinoispolicy.org
Who is the CEO of Illinois Policy Institute?
Matthew Paprocki is the Chairman of Illinois Policy Institute.
Official website here: www.illinoispolicy.org
What is the revenue of Illinois Policy Institute?
Illinois Policy Institute's revenue in 2022 was $5,289,743.
Official website here: www.illinoispolicy.org
Who are the executives of Illinois Policy Institute and what are their salaries?
There 8 volunteers at Illinois Policy Institute.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $238,021
- Related: $155,752
- Other: $23,405
- Compensation: $87,794
- Related: $57,381
- Other: $10,081
- Compensation: $92,892
- Related: $57,724
- Other: $5,569
- Compensation: $71,228
- Related: $57,067
- Other: $21,596
- Compensation: $97,048
- Related: $64,516
- Other: $9,868
- Compensation: $84,067
- Related: $34,982
- Other: $4,614
Official website here: www.illinoispolicy.org
Where can I find the form 990 for Illinois Policy Institute?
Illinois Policy Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.illinoispolicy.org
Learn more at the official website: www.illinoispolicy.org
Mission Statement of Illinois Policy Institute
The Illinois Policy Institute is a think tank that adheres to free market principles. Its primary objective is to enlighten Illinois constituents about local, state, and federal public policy issues affecting the region. The institute gathers and disseminates information on these issues, aiming to educate various audiences through policy papers, media appearances, speaking engagements, and public forums. The research conducted by the Illinois Policy Institute spans a wide range of topics, such as fiscal matters, education policy, and government reform. The ultimate goal is to empower Illinois residents, taxpayers, media, and government officials with the necessary knowledge to make informed decisions on the policies impacting their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Illinois Policy Institute has a significant impact on public policy in Illinois by conducting research on various issues such as fiscal matters, education policy, and government reform. Through the dissemination of their findings via policy papers, media appearances, speaking engagements, and public forums, the institute aims to educate and benefit Illinois residents, taxpayers, media, and government officials. Their focus on free-market principles helps shape public discourse and influence policy decisions at the local, state, and federal levels in Illinois.
This information is meant to be a general summary of Illinois Policy Institute. 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: $316
- Gross Receipts: $5,289,743
Assets and Liabilities:
- Total Assets: $2,835,179
- Total Liabilities: $1,478,691
- Net Assets: $1,356,488
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Phone
(312) 346-5700Principal Officer
Matthew Paprocki
Main Address
300 S RIVERSIDE PLAZA 1650, CHICAGO, IL, 60606
Website
www.illinoispolicy.orgNTEE Category
Code: W05 - Public benefit
If you are a representative of Illinois Policy Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.