Overview
What is Southside Together Organizing For Power?
Southside Together Organizing For Power (SOOP) is a nonprofit organization based in Chicago, Illinois, specifically at 602 E 61st Street. The primary objective of SOOP is to prevent the displacement of low-income and working-class black communities. They achieve this by fostering grassroots leadership and utilizing this collective power to promote more equitable and sustainable development. With a dedicated workforce of eight individuals, SOOP is committed to creating a more inclusive and prosperous future for these communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 45%
Southside Together Organizing For Power has received a 45% score, resulting in a Zero-Star out of Four Star rating. This indicates significant concerns regarding the organization's accountability and financial practices. The lack of independent board members, missing financial statements, and several missing policies highlight potential governance issues that could impact the charity's operations and transparency.
Despite these challenges, the organization demonstrates a commendable program expense ratio of 80.81%, suggesting that a substantial portion of its budget is directed towards its mission-driven activities. However, the absence of proper documentation and policies raises questions about its overall operational integrity and adherence to best practices in nonprofit management.
In terms of personnel, key salaries range from $47,051 to $58,193, which may be considered reasonable within the nonprofit sector. However, the absence of critical governance measures such as a conflict of interest policy and whistleblower protections calls for serious consideration from potential donors regarding the charity's commitment to transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Southside Together Organizing For Power legitimate?
Southside Together Organizing For Power is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southside Together Organizing For Power 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: $264,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,867
For more financial information, click here
What is the mission statement of Southside Together Organizing For Power?
Southside Together Organizing For Power's mission is centered around stopping the displacement of low-income and working-class black communities. They aim to achieve this by fostering grassroots leadership and leveraging community power to promote more equitable and sustainable development. The organization's goal is to create a more balanced development scenario that benefits these communities, ensuring their long-term existence and well-being.
Who is the CEO of Southside Together Organizing For Power?
Alexander Goldenberg is the Executive Director of Southside Together Organizing For Power.
What is the revenue of Southside Together Organizing For Power?
Southside Together Organizing For Power's revenue in 2023 was $887,294.
Who are the executives of Southside Together Organizing For Power and what are their salaries?
The average compensation at Southside Together Organizing For Power during 2023 was $40,234. There are 8 employees at Southside Together Organizing For Power.
Here are 12 key members and their salaries:
- Compensation: $58,193
- Related: $0
- Other: $0
- Compensation: $54,031
- Related: $0
- Other: $0
- Compensation: $52,906
- Related: $0
- Other: $0
- Compensation: $51,825
- Related: $0
- Other: $0
- Compensation: $47,051
- 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
Where can I find the form 990 for Southside Together Organizing For Power?
Southside Together Organizing For Power's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southside Together Organizing For Power
Southside Together Organizing For Power, or STOP, is a nonprofit organization with a mission to combat the displacement of low-income and working-class black communities. This mission is achieved through the development of grassroots leadership. By empowering local individuals, STOP aims to leverage this collective power to foster more equitable and sustainable development within these communities. In essence, STOP seeks to preserve these communities while promoting social justice and equality.
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Impact
July, 2024
Southside Together Organizing For Power, based in Chicago, IL, has had a significant impact in stopping the displacement of low-income and working class black community members from their neighborhoods. By developing grassroots leadership within these communities, the organization has been able to leverage its power effectively to advocate for more equitable and sustainable development. Through its mission and activities, Southside Together Organizing For Power has played a crucial role in advocating for community improvement and fighting for social justice in Chicago.
This information is meant to be a general summary of Southside Together Organizing For Power. 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 2023.
- Gross Receipts: $887,294
Assets and Liabilities:
- Total Assets: $423,120
- Total Liabilities: $239,517
- Net Assets: $183,603
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Organization Details
Founding Year
2004
Phone
(773) 543-9153Principal Officer
Alexander Goldenberg
Main Address
602 E 61st Street, Chicago, IL, 60637
NTEE Category
Code: S21 - Community improvement
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