Action Center On Race And The Economy

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

EIN: 821199855 ✦ Chicago, IL ✦ Designated as a 501(c)(4)

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Overview

What is Action Center On Race And The Economy?

Action Center on Race and the Economy (ACRE) is a Chicago-based nonprofit organization, located at 1901 W Carroll Avenue, Illinois 60612. Its primary mission is to promote social welfare, focusing on reducing racial and economic inequality and advocating for economic and racial justice. ACRE accomplishes this through various means, including public education, research, and advocacy. Notably, they played a significant role in confirming Dr. Lisa Cook, the first Black woman, to serve on the Federal Reserve's board of governors, marking a historic achievement. Additionally, ACRE has been active in advocating for progressive taxation in Pennsylvania's state elections. Their efforts span across various sectors, including technology, higher education, environment, healthcare, housing, financial services, and incarceration, aiming to create a more equitable society.


Official website here: www.acrecampaigns.org

Is Action Center On Race And The Economy legitimate?

Action Center On Race And The Economy is a legitimate nonprofit organization registered as a 501(c)(4) entity. Action Center On Race And The Economy 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: $0

For more financial information, click here


Official website here: www.acrecampaigns.org

What is the mission statement of Action Center On Race And The Economy?

Action Center On Race And Economy, as a 501(c)(4) organization, is dedicated to promoting social welfare, focusing on reducing racial and economic inequality and advocating for economic and racial justice. Their activities encompass public education, research, and advocacy in various sectors such as technology, higher education, environment, health-care, housing, financial services, and incarceration. The organization has made significant strides, including confirming Lisa Cook as the first Black woman to serve on the Federal Reserve's board of governors and elevating the issue of progressive taxation in the Pennsylvania state election. Their goal is to benefit other programs with similar missions and contribute to a more equitable society.


Official website here: www.acrecampaigns.org

Who is the CEO of Action Center On Race And The Economy?

Saqib Bhatti is the Co-Exec. Dir. of Action Center On Race And The Economy.


Official website here: www.acrecampaigns.org

What is the revenue of Action Center On Race And The Economy?

Action Center On Race And The Economy's revenue in 2022 was $278,915.


Official website here: www.acrecampaigns.org

Who are the executives of Action Center On Race And The Economy and what are their salaries?

There 7 volunteers at Action Center On Race And The Economy.


Here are 11 key members and their salaries:


Saqib Bhatti (Co-Exec. Dir.)
  • Compensation: $0
  • Related: $127,000
  • Other: $6,350
Maurice Bp-Weeks (Co-Ed Thru 8/22)
  • Compensation: $0
  • Related: $119,836
  • Other: $5,992
Bree Carlson (Co-Ed Eff 8/22)
  • Compensation: $0
  • Related: $49,790
  • Other: $873
Jonathan Westin (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amira Hassan (Treasurer/Sec.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandi Collins-Dexter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Heaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greisa Martinez-Rosas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Hunt-Hendrix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Davis Gates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Lerner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acrecampaigns.org

Where can I find the form 990 for Action Center On Race And The Economy?

Action Center On Race And The Economy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.acrecampaigns.org

Learn more at the official website: www.acrecampaigns.org

Mission Statement of Action Center On Race And The Economy

Action Center on Race and the Economy, abbreviated as ACRE, is a nonprofit organization dedicated to promoting social welfare. Their mission, as outlined by the Internal Revenue Code section 501(c)(4), involves public education, research, and advocacy. The primary focus of ACRE's activities is to reduce racial and economic inequality and promote economic and racial justice.

In pursuit of this mission, ACRE conducts research and produces publications in various sectors such as technology, higher education, environment, health-care, housing, financial services, and incarceration. The aim is to support and benefit other programs with similar objectives. One of their notable accomplishments was securing the confirmation of Lisa Cook as a member of the Federal Reserve's board of governors, making her the first Black woman to hold this position in the board's 108-year history.

Furthermore, ACRE has been instrumental in elevating the issue of progressive taxation in the Pennsylvania state election. By advocating for this cause, they contribute to the broader goal of addressing racial and economic inequality. Through their activities, ACRE strives to foster a more equitable society, where racial justice and economic fairness are prioritized.

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Impact




October, 2024

Action Center On Race And The Economy (ACRE) has made significant strides in addressing racial and economic inequality. By conducting thorough research and public education campaigns, ACRE has become a vital resource for initiatives aimed at promoting racial and economic justice across various sectors, including technology, healthcare, housing, and financial services.

One of ACRE's notable achievements includes the elevation of Dr. Lisa Cook to the Federal Reserve's board of governors, marking a historic milestone as she became the first Black woman to hold that position in the board's 108-year history. This appointment not only represents progress in diversity and inclusion within one of the nation's most influential economic institutions but also underscores ACRE's commitment to ensuring that marginalized voices are heard in critical decision-making processes.

Additionally, ACRE has actively engaged in advocacy efforts, such as bringing attention to the importance of progressive taxation in the Pennsylvania state elections. By doing so, ACRE has helped to spotlight policies that aim to reduce inequality and promote economic justice, thus influencing public discourse and legislative agendas.

Overall, ACRE's impact lies in its ability to connect research, advocacy, and public awareness to foster a more equitable society, directly addressing the systemic issues that contribute to racial and economic disparities.




This information is meant to be a general summary of Action Center On Race And The Economy. 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
$278,915 (2022)
Expenses
$782,884 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,000
  • Gross Receipts: $278,915

Assets and Liabilities:

  • Total Assets: $715,260
  • Total Liabilities: $433,845
  • Net Assets: $281,415

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Programs

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

Consulting Fee

Revenue

$5,000

Organization Details

Founding Year

2017

Principal Officer

Saqib Bhatti

Main Address

1901 W Carroll Avenue, Chicago, IL, 60612

NTEE Category

Code: Z99 - Unknown

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