Overview
What is Ace Mentor Program Of Illinois Inc C/O Epstein?
Ace Mentor Program of Illinois Inc, located at 600 West Fulton Street, Chicago, Illinois, is a nonprofit organization with a focus on inspiring and motivating students towards careers in architecture, construction, engineering, and related fields. They offer mentoring and scholarship opportunities for aspiring designers and constructors, aiming to enlighten and encourage young minds in these sectors. The organization, headed by four employees, awarded 97 college scholarships for the 2021-2022 academic year, showcasing its commitment to fostering future talent in these industries.
Official website here: www.acementorchicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Ace Mentor Program of Illinois Inc. has achieved an 83% score, reflecting a strong emphasis on accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion, and a solid program expense ratio of 75.48%, indicating that a significant portion of its resources is directed towards its programs.
However, there are notable limitations regarding its governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability. The absence of these policies might raise concerns among potential donors regarding the organization's commitment to robust governance practices.
Overall, while the Ace Mentor Program of Illinois demonstrates commendable financial management and strong oversight through its board structure, improvements in its governance policies could enhance its overall accountability profile.
This AI summary has been generated from information found on Charity Navigator.
Is Ace Mentor Program Of Illinois Inc C/O Epstein legitimate?
Ace Mentor Program Of Illinois Inc C/O Epstein is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ace Mentor Program Of Illinois Inc C/O Epstein 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: $64,800
Professional Fundraising Fees: $37,000
Other Salaries and Wages: $42,057
For more financial information, click here
Official website here: www.acementorchicago.org
What is the mission statement of Ace Mentor Program Of Illinois Inc C/O Epstein?
The mission of Ace Mentor Program of Illinois Inc, under the umbrella of Epstein, is centered around inspiring and motivating students towards careers in architecture, construction, engineering, and related fields. They aim to achieve this by providing mentorship and scholarship opportunities, fostering the growth of future designers and constructors. The program's activities are geared towards enlightening students, offering them a valuable platform to explore their interests and potential in these fields. For the 2021-2022 academic year, the program awarded 97 college scholarships, further supporting their mission to empower students.
Official website here: www.acementorchicago.org
Who is the CEO of Ace Mentor Program Of Illinois Inc C/O Epstein?
Matthew Gibbons is the Director of Ace Mentor Program Of Illinois Inc C/O Epstein.
Official website here: www.acementorchicago.org
What is the revenue of Ace Mentor Program Of Illinois Inc C/O Epstein?
Ace Mentor Program Of Illinois Inc C/O Epstein's revenue in 2022 was $476,091.
Official website here: www.acementorchicago.org
Who are the executives of Ace Mentor Program Of Illinois Inc C/O Epstein and what are their salaries?
The average compensation at Ace Mentor Program Of Illinois Inc C/O Epstein during 2022 was $26,714. There are 4 employees and 220 volunteers at Ace Mentor Program Of Illinois Inc C/O Epstein.
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Official website here: www.acementorchicago.org
Where can I find the form 990 for Ace Mentor Program Of Illinois Inc C/O Epstein?
Ace Mentor Program Of Illinois Inc C/O Epstein's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acementorchicago.org
Learn more at the official website: www.acementorchicago.org
Mission Statement of Ace Mentor Program Of Illinois Inc C/O Epstein
Ace Mentor Program of Illinois Inc, through its affiliate Epstein, is dedicated to inspiring and motivating students towards careers in architecture, construction, engineering, and related fields. Their mission is twofold: firstly, they aim to enlighten and ignite the interest of young minds in these sectors, and secondly, they provide mentoring and scholarship opportunities to budding designers and constructors. By doing so, they seek to foster a new generation of professionals in these fields.
In line with their mission, Ace Mentor Program of Illinois Inc awarded 97 college scholarships for the 2021-2022 academic year. This initiative not only provides financial aid but also serves as a testament to their commitment to supporting future architects, engineers, and constructors. By offering mentoring and scholarship opportunities, they are investing in the next generation of talent, ensuring a steady pipeline of skilled professionals in these essential industries.
In essence, Ace Mentor Program of Illinois Inc C/O Epstein's mission is to bridge the gap between education and industry, empowering students to pursue their passion in architecture, construction, engineering, and related fields. They do this by offering mentorship and scholarship opportunities, thereby fostering the growth of the next generation of talented professionals.
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Impact
July, 2024
The Ace Mentor Program Of Illinois Inc C/O Epstein has had a significant impact on students in the Chicago area by enlightening and motivating them towards careers in architecture, construction, engineering, and related fields. Through mentoring and scholarship opportunities, the program has awarded 97 college scholarships for the 2021-2022 school year alone. This impactful initiative helps shape the future of aspiring designers and constructors, offering them valuable support and guidance as they pursue their educational and professional goals.
This information is meant to be a general summary of Ace Mentor Program Of Illinois Inc C/O Epstein. 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: $1,599
- Gross Receipts: $565,791
Assets and Liabilities:
- Total Assets: $619,201
- Total Liabilities: $167,303
- Net Assets: $451,898
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Organization Details
Founding Year
2002
Phone
(312) 564-1233Principal Officer
Matthew Gibbons
Main Address
600 WEST FULTON STREET 9TH FLOOR, CHICAGO, IL, 60661
Website
www.acementorchicago.orgNTEE Category
Code: B99 - Education
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