Overview
What is Social Venture Partners Chicago Inc?
Social Venture Partners Chicago Inc is a nonprofit organization located in Chicago, Illinois. Their primary mission is to foster positive community change by supporting innovative non-profits. They achieve this through a two-month communication skills building program called 'Fast Pitch,' which empowers non-profit leaders to effectively communicate their mission and connect with influential business and civic figures. Furthermore, Social Venture Partners Chicago Inc engages with these non-profits, offering resources and learning opportunities to enhance their capacity and impact. With a team of five dedicated individuals, they aim to collectively drive change in the Chicago community.
Official website here: www.socialventurepartners.org/chicago
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Social Venture Partners Chicago Inc has received a solid score of 83%, reflecting a strong emphasis on accountability and finance. The charity exhibits commendable governance, with a completely independent board comprising 12 members and no material diversion of assets. Furthermore, it has effectively listed its website on the tax form and has a conflict of interest policy in place.
However, the organization has some limitations that impact its overall rating. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are important for enhancing transparency and accountability. Despite these gaps, Social Venture Partners Chicago maintains a healthy program expense ratio of 72.48%, indicating a significant portion of its funds is directed towards its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is Social Venture Partners Chicago Inc legitimate?
Social Venture Partners Chicago Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Venture Partners Chicago 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: $80,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,637
For more financial information, click here
Official website here: www.socialventurepartners.org/chicago
What is the mission statement of Social Venture Partners Chicago Inc?
Social Venture Partners Chicago Inc aims to accelerate positive community change championed by innovative non-profits. They achieve this through engaged investing, which helps build the capacity and impact of these organizations. The breadth, depth, and willingness of their partners to engage with non-profits and learn from one another and those they support are crucial to the partnership and their collective impact. In essence, Social Venture Partners Chicago Inc is committed to enhancing the capabilities and influence of forward-thinking non-profits to drive meaningful change in their communities.
Official website here: www.socialventurepartners.org/chicago
Who is the CEO of Social Venture Partners Chicago Inc?
Evelyn Fitzgerald is the Executive Director of Social Venture Partners Chicago Inc.
Official website here: www.socialventurepartners.org/chicago
What is the revenue of Social Venture Partners Chicago Inc?
Social Venture Partners Chicago Inc's revenue in 2022 was $492,499.
Official website here: www.socialventurepartners.org/chicago
Who are the executives of Social Venture Partners Chicago Inc and what are their salaries?
The average compensation at Social Venture Partners Chicago Inc during 2022 was $45,251. There are 5 employees and 80 volunteers at Social Venture Partners Chicago Inc.
Here are 13 key members and their salaries:
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Official website here: www.socialventurepartners.org/chicago
Where can I find the form 990 for Social Venture Partners Chicago Inc?
Social Venture Partners Chicago Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.socialventurepartners.org/chicago
Learn more at the official website: www.socialventurepartners.org/chicago
Mission Statement of Social Venture Partners Chicago Inc
Social Venture Partners Chicago Inc is committed to accelerating positive community change championed by innovative non-profits. They achieve this by engaging in invested partnerships, aiming to strengthen the capacity and impact of these organizations. The breadth, depth, and eagerness of their partners to engage with non-profits and learn from one another and those they support are crucial elements of their partnership and collective impact. Through this collaborative approach, Social Venture Partners Chicago Inc strives to foster an environment that encourages growth and development in the non-profit sector, ultimately leading to enhanced community betterment.
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Impact
July, 2024
Social Venture Partners Chicago Inc accelerates positive community change championed by innovative nonprofit organizations through engaged investing. The organization's impact is reflected in its commitment to building the capacity and impact of nonprofits in the Greater Chicagoland area. One way they achieve this is through their free two-month communication skills building program and competition called Fast Pitch. This program equips nonprofit leaders with the tools to effectively communicate their mission and connect with leaders in the business and civic communities, thereby creating significant community impact. Through their partnerships and collaborative approach, Social Venture Partners Chicago Inc plays a crucial role in enhancing the overall philanthropic landscape in Chicago.
This information is meant to be a general summary of Social Venture Partners Chicago 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 2022.
- Investment Income: $39
- Program Service Revenue: $77,640
- Gross Receipts: $492,499
Assets and Liabilities:
- Total Assets: $216,505
- Total Liabilities: $5,559
- Net Assets: $210,946
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$77,640
Organization Details
Founding Year
2013
Phone
(773) 339-4410Principal Officer
Evelyn Fitzgerald
Main Address
PO BOX 57362, CHICAGO, IL, 60657
NTEE Category
Code: T30 - Philanthropy
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