Overview
What is Latino Resource Institute Of?
The Latino Resource Institute Of, based in Chicago, Illinois, is a nonprofit organization that aims to support individuals and families facing complex situations and risky behaviors. With the assistance of grants from the Chicago Cook Workforce Partnership and the City of Chicago, they focus on COVID-19 remediation in economically disadvantaged areas. Their mission revolves around empowering individuals through various workshops, counseling sessions, and educational classes, such as anger management and parenting, to help them overcome their challenges. The institute serves its community with a dedicated workforce of 28 employees.
Official website here: www.lrii.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Latino Resource Institute has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 96%, the organization demonstrates a strong commitment to transparency and effective management of its resources. The majority of its board members are independent, contributing to its governance integrity, and the organization has implemented robust policies related to conflict of interest and whistleblowing.
Financially, the institute excels with a program expense ratio of 88.55%, suggesting that a substantial portion of its funds directly supports its programs rather than administrative costs. Additional indicators of financial responsibility include a favorable liabilities to assets ratio of 48.28%. The organization has effectively established thorough auditing and oversight processes, ensuring the responsible use of funds.
Overall, the Latino Resource Institute showcases strengths in governance, transparency, and programmatic focus, making it a reliable option for potential donors. No significant limitations were noted in the data, reinforcing its standing as a well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Latino Resource Institute Of legitimate?
Latino Resource Institute Of is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latino Resource Institute Of 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: $816,161
For more financial information, click here
Official website here: www.lrii.org
What is the mission statement of Latino Resource Institute Of?
The Latino Resource Institute's mission is centered around empowering individuals and families who are grappling with challenging situations and at-risk behaviors. This is accomplished through the provision of various educational workshops, counseling sessions, and classes, which encompass topics such as anger management and parenting. The organization's objective is to offer these services with the aim of uplifting and strengthening the individuals and families it serves. A grant from the Chicago Cook Workforce Partnership and the City of Chicago has been instrumental in enabling the institute to provide COVID-19 remediation in economically depressed areas.
Official website here: www.lrii.org
Who is the CEO of Latino Resource Institute Of?
Hector J Obregon-Luna is the Principal Officer of Latino Resource Institute Of.
Official website here: www.lrii.org
What is the revenue of Latino Resource Institute Of?
Latino Resource Institute Of's revenue in 2022 was $1,329,292.
Official website here: www.lrii.org
Who are the executives of Latino Resource Institute Of and what are their salaries?
The average compensation at Latino Resource Institute Of during 2022 was $29,149. There are 28 employees and 3 volunteers at Latino Resource Institute Of.
Here are 5 key members and their salaries:
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Official website here: www.lrii.org
Where can I find the form 990 for Latino Resource Institute Of?
Latino Resource Institute Of's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lrii.org
Learn more at the official website: www.lrii.org
Mission Statement of Latino Resource Institute Of
The Latino Resource Institute is committed to empowering individuals and families who are navigating challenging situations and at-risk behaviors. This nonprofit organization achieves this goal by offering a variety of workshops, classes, and counseling sessions. Their services encompass topics such as anger management and parenting, aiming to equip individuals with the necessary tools to overcome their challenges. The Latino Resource Institute's mission is to provide support and guidance to those in need, enabling them to regain control of their lives and foster positive changes. Through their workshops and classes, they strive to promote personal growth and resilience, ultimately contributing to stronger, healthier communities. The organization's grant from Chicago Cook Workforce Partnership and the City of Chicago, aimed at COVID-19 remediation in economically depressed areas, further underscores their dedication to uplifting vulnerable populations.
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Impact
July, 2024
The Latino Resource Institute Of has a significant impact in Chicago, IL by empowering individuals and families who are experiencing challenging situations and at-risk behaviors. Through workshops, counseling, parenting classes, and other services, the organization provides essential support to those in need. Additionally, the agency's work is bolstered by grants from the Chicago Cook Workforce Partnership and the City of Chicago, particularly to provide COVID-19 remediation in economically depressed areas. This impactful work directly contributes to improving the well-being and resilience of the community.
This information is meant to be a general summary of Latino Resource Institute Of. 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.
- Gross Receipts: $1,331,819
Assets and Liabilities:
- Total Assets: $224,658
- Total Liabilities: $111,816
- Net Assets: $112,842
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Chicago Cook Workforce Partnership
DCFS - Family Advocacy Center
IDHS - Illinois Welcoming Center
IDHS - Illinois Welcoming Center - Recovery Fund
Organization Details
Founding Year
2004
Phone
(773) 356-5923Principal Officer
Hector J Obregon-Luna
Main Address
8910 SOUTH COMMERCIAL AVENUE, CHICAGO, IL, 606173473
Website
www.lrii.orgNTEE Category
Code: P20 - Human services
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