Overview
What is Ignatian Lay Volunteer Corporation?
The Ignatian Lay Volunteer Corporation, commonly referred to as Ignatian Volunteer Corps (IVC), is a faith-based nonprofit organization located in Baltimore, Maryland. Established by Jesuits of the Maryland Province, its mission is to empower individuals aged 50 and above to contribute to community service in various states. The organization offers a nationwide program that aims to aid individuals and families in improving their quality of life while providing meaningful service opportunities for older adults. IVC builds upon existing community resources, forming partnerships with local non-profit agencies to strengthen and support communities and their residents. With a commitment to spiritual growth, IVC encourages members to engage in monthly community prayers and reflections on their volunteer experiences. As of the current fiscal year, there are 406 volunteer members serving in various sectors, such as education, housing, and employment, to help those in need overcome poverty and structural barriers.
Official website here: www.ivcusa.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 75% (Three-Star out of Four Star rating)
The Ignatian Lay Volunteer Corporation has received a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The organization boasts an impressive score of 100% for having an independent board, which indicates a strong governance structure. Additionally, the charity excels in financial oversight, with no reported material diversions of assets and a high program expense ratio of 69.03%. However, while the overall rating indicates reliability, the single beacon score suggests there may be room for improvement in other areas beyond accountability and finance.
User feedback paints a highly positive picture of the Ignatian Volunteer Corps, highlighting its impact on both volunteers and those they serve. Volunteers often express a deep sense of fulfillment from their service, which typically involves working with marginalized populations, such as the homeless, immigrants, and those requiring educational support. Many testimonials underscore the transformative nature of the volunteer experience, emphasizing spiritual growth and community support as key components of their journey.
Despite the overwhelming praise, some reviews hint at potential challenges faced within specific service placements, such as issues with organizational structure at partner agencies. Nevertheless, the overall sentiment is one of gratitude and appreciation for the opportunity to engage in meaningful service that not only supports those in need but also enriches the lives of the volunteers themselves. The Ignatian Volunteer Corps is recognized as a model for connecting retired individuals with rewarding volunteer opportunities, further enhancing community ties and promoting social justice.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Ignatian Lay Volunteer Corporation legitimate?
Ignatian Lay Volunteer Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ignatian Lay Volunteer Corporation 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,174,859
For more financial information, click here
Official website here: www.ivcusa.org
What is the mission statement of Ignatian Lay Volunteer Corporation?
The Ignatian Lay Volunteer Corporation, often referred to as Ignatian Volunteer Corps or IVC, is a nonprofit organization dedicated to offering individuals aged 50 and above an opportunity to serve the underprivileged, advocate for a more equitable society, and deepen their Christian faith through reflection and prayer in the Ignatian tradition. Established by the Jesuits of the Maryland Province in response to General Congregation 34, the Society of Jesus, this organization remains independent and lay-led, ensuring it maintains its unique Ignatian character and strong ties to the Society of Jesus. The mission of Ignatian Lay Volunteer Corporation is to empower its volunteers in their service to the less fortunate while fostering personal growth and a stronger spiritual connection.
Official website here: www.ivcusa.org
Who is the CEO of Ignatian Lay Volunteer Corporation?
Jim Tracy is the Treasurer of Ignatian Lay Volunteer Corporation. The CEO's salary of Ignatian Lay Volunteer Corporation is $105,000 and their total compensation is $105,000.
Official website here: www.ivcusa.org
What is the revenue of Ignatian Lay Volunteer Corporation?
Ignatian Lay Volunteer Corporation's revenue in 2022 was $2,278,186.
Official website here: www.ivcusa.org
Who are the executives of Ignatian Lay Volunteer Corporation and what are their salaries?
The average compensation at Ignatian Lay Volunteer Corporation during 2022 was $51,194. There are 25 employees and 406 volunteers at Ignatian Lay Volunteer Corporation.
Here are 19 key members and their salaries (Ignatian Lay Volunteer Corporation's CEO's salary is $105,000 and their total compensation is $105,000):
- Compensation: $105,000
- 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: $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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ivcusa.org
Where can I find the form 990 for Ignatian Lay Volunteer Corporation?
Ignatian Lay Volunteer Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ivcusa.org
Learn more at the official website: www.ivcusa.org
Mission Statement of Ignatian Lay Volunteer Corporation
The Ignatian Lay Volunteer Corporation, often referred to as Ignatian Volunteer Corps or IVC, is a religious nonprofit organization with a mission to offer individuals aged 50 and above the chance to serve the needs of underprivileged communities, promote social justice, and deepen their Christian faith through reflection and prayer in the Ignatian tradition. Established by Jesuits of the Maryland Province in response to General Congregation 34 of the Society of Jesus, the Ignatian Lay Volunteer Corporation is an independent and lay-led organization, firmly committed to preserving its Ignatian character and strong ties with the Society of Jesus. The organization provides a unique opportunity for its volunteers to make a meaningful contribution to society while simultaneously fostering their spiritual growth.
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
Ignatian Lay Volunteer Corporation, also known as Ignatian Volunteer Corps, has a significant impact on communities across various states. Through recruiting, placing, and supporting volunteers aged 50 and older for community service, this organization plays a crucial role in helping individuals and families improve their quality of life. With a nationwide program focused on addressing the needs of the poor and working towards a more just society, IVC engages its Service Corps Members in a wide range of service areas such as education, housing, adult literacy, employment, and refugee resettlement.
In the current fiscal year, Ignatian Lay Volunteer Corporation has maintained a trend of 406 volunteers, each contributing their skills and experience to local nonprofit agencies dedicated to supporting communities and their residents. By fostering partnerships with these organizations, IVC leverages existing community resources to make a tangible difference in the lives of those in need. The organization recognizes the intimate connection between spirituality and service, emphasizing the importance of prayer, reflection, and community for its Service Corps Members. This holistic approach ensures that volunteers engage in their work with deep meaning, courage, and hope.
IVC's commitment to Ignatian principles and its dedication to serving the marginalized exemplify its impact on promoting social justice and enhancing the well-being of individuals and communities nationwide. Through the collective efforts of its volunteers, Ignatian Lay Volunteer Corporation continues to make a meaningful difference in the lives of those facing poverty and systemic barriers, embodying the spirit of service and faith at the core of its mission.
This information is meant to be a general summary of Ignatian Lay Volunteer Corporation. 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: $1,121
- Program Service Revenue: $811,847
- Gross Receipts: $2,362,608
Assets and Liabilities:
- Total Assets: $1,418,876
- Total Liabilities: $1,166,162
- Net Assets: $252,714
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Partnership volunteer fee
Revenue
$811,847
Organization Details
Founding Year
1994
Phone
(410) 752-4686Principal Officer
Jim Tracy
Main Address
740 N Calvert Street Suite 500, Baltimore, MD, 21202
Website
www.ivcusa.orgNTEE Category
Code: J22 - Employment
If you are a representative of Ignatian Lay Volunteer Corporation 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.