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Asset Based Community Development Institute

Abcd Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473769786 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Asset Based Community Development Institute?

The Asset Based Community Development Institute, often referred to as ABCD Institute, is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to foster and sustain strong communities by leveraging the resources and assets within these communities themselves. With a modest workforce of one dedicated individual, ABCD Institute plays a significant role in promoting community development by focusing on the inherent strengths and potential of the local population. They are committed to improving community life and ensuring its continuity.


Official website here: www.resources.depaul.edu/abcd-institute

Is Asset Based Community Development Institute legitimate?

Asset Based Community Development Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asset Based Community Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,156

For more financial information, click here


Official website here: www.resources.depaul.edu/abcd-institute

What is the mission statement of Asset Based Community Development Institute?

The Asset Based Community Development Institute operates with a mission to foster and sustain strong communities. They achieve this by focusing on the resources and assets inherent within these communities. Their goal is to empower and strengthen these communities, ultimately promoting their long-term success. By doing so, they contribute to the development of resilient and self-reliant communities that can effectively address their own needs and challenges.


Official website here: www.resources.depaul.edu/abcd-institute

Who is the CEO of Asset Based Community Development Institute?

Robert Francis is the President of Asset Based Community Development Institute.


Official website here: www.resources.depaul.edu/abcd-institute

What is the revenue of Asset Based Community Development Institute?

Asset Based Community Development Institute's revenue in 2022 was $126,526.


Official website here: www.resources.depaul.edu/abcd-institute

Who are the executives of Asset Based Community Development Institute and what are their salaries?

The average compensation at Asset Based Community Development Institute during 2022 was $15,156. There is 1 employee at Asset Based Community Development Institute.


Here are 13 key members and their salaries:


Seva Gandhi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Indigo Bishop (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Francis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Darryl Answer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivis Garcia Zambrana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcknight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruben Medina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Lourash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Mathie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constantine Bitsas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Wyatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.resources.depaul.edu/abcd-institute

Where can I find the form 990 for Asset Based Community Development Institute?

Asset Based Community Development Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.resources.depaul.edu/abcd-institute

Learn more at the official website: www.resources.depaul.edu/abcd-institute

Mission Statement of Asset Based Community Development Institute

The Asset Based Community Development Institute is committed to fostering and sustaining robust communities by focusing on the resources and assets that these communities possess. By promoting this approach, the institute aims to strengthen and empower communities, ensuring their longevity and prosperity. The institute's mission is grounded in the belief that communities have inherent strengths and capabilities that, when harnessed and supported, can lead to meaningful and sustainable change.

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Impact




October, 2024

The Asset Based Community Development Institute significantly impacts communities by emphasizing the strengths and resources inherent in each neighborhood. By promoting and supporting the development of strong, sustainable communities, it encourages local residents to identify and utilize their unique assets, leading to enhanced community engagement and empowerment. This approach fosters resilience and innovation, allowing neighborhoods to thrive through collaboration and the strategic use of available resources.

Through its initiatives, the Institute plays a vital role in transforming communities in Chicago and beyond, facilitating the creation of networks and partnerships that drive local development. By focusing on asset-based strategies, it helps communities build a sense of ownership and pride, ultimately leading to improved quality of life and sustainable growth.




This information is meant to be a general summary of Asset Based Community Development 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.

Revenue
$126,526 (2022)
Expenses
$91,717 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $283
  • Program Service Revenue: $57,375
  • Gross Receipts: $126,526

Assets and Liabilities:

  • Total Assets: $106,204
  • Total Liabilities: $67
  • Net Assets: $106,137

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION FEES

Revenue

$57,375

Organization Details

Founding Year

2015

Principal Officer

Robert Francis

Main Address

2233 N KENMORE AVENUE, CHICAGO, IL, 60614

NTEE Category

Code: S99 - Community improvement

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