Overview
What is Asset Funders Network?
Asset Funders Network is a nonprofit organization situated in Chicago, Illinois. Their mission is to engage philanthropy in promoting equitable wealth building and economic mobility. They facilitate collaboration among grantmakers, nonprofits, public, and private sectors, aiming to maximize their collective impact on individual, family, and community wealth. By connecting these sectors, Asset Funders Network strives to foster a more inclusive and equitable society. With a team of 28 dedicated individuals, they actively seek to make a significant difference in people's lives and communities.
Official website here: www.assetfunders.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Asset Funders Network has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance as well as culture and community engagement. With a high accountability and finance score of 97%, the organization demonstrates effective financial management and transparency, which instills confidence in donors and stakeholders alike.
The network excels in constituent feedback, achieving a perfect score of 100 in all feedback-related categories. This indicates a robust practice of gathering and utilizing stakeholder input, showcasing its commitment to community engagement and responsiveness. Additionally, the equity strategies score of 93 suggests the organization is effectively addressing equity issues in its initiatives.
Despite the impressive ratings, potential donors may want to consider the overall context and specific areas of focus for the organization. While the financial ratios and program expenses are well-managed, understanding the scope of programs and their impact will provide a fuller picture of the organization's effectiveness in creating change. Overall, Asset Funders Network stands out for its operational excellence and community involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Asset Funders Network legitimate?
Asset Funders Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asset Funders Network 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: $235,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,974,395
For more financial information, click here
Official website here: www.assetfunders.org/
What is the mission statement of Asset Funders Network?
The Asset Funders Network's mission is centered around engaging philanthropy to promote equitable wealth building and economic mobility. This organization actively works to link grantmakers and colleagues from various sectors, including nonprofit, public, and private, to foster collaboration and maximize their impact on individual, family, and community wealth. Their activities aim to facilitate connections and collaborations, ultimately striving for a more equitable distribution of wealth and economic opportunities.
Official website here: www.assetfunders.org/
Who is the CEO of Asset Funders Network?
Joseph A Antolin is the Co-Chair of Asset Funders Network.
Official website here: www.assetfunders.org/
What is the revenue of Asset Funders Network?
Asset Funders Network's revenue in 2022 was $3,609,327.
Official website here: www.assetfunders.org/
Who are the executives of Asset Funders Network and what are their salaries?
The average compensation at Asset Funders Network during 2022 was $78,915. There are 28 employees at Asset Funders Network.
Here are 26 key members and their salaries:
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- Compensation: $213,113
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- Compensation: $111,335
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Official website here: www.assetfunders.org/
Where can I find the form 990 for Asset Funders Network?
Asset Funders Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.assetfunders.org/
Learn more at the official website: www.assetfunders.org/
Mission Statement of Asset Funders Network
Asset Funders Network, a philanthropic organization, is committed to engaging the philanthropic sector in promoting equitable wealth building and economic mobility. Their mission is to connect grantmakers, nonprofit organizations, public institutions, and private entities to foster collaboration and amplify their impact on individual, family, and community wealth. By doing so, Asset Funders Network aims to contribute to a more equitable distribution of wealth and economic opportunities. Their activities and projects are designed to facilitate collaboration and maximize the collective impact of various sectors on wealth creation and mobility.
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Impact
July, 2024
Asset Funders Network advances equitable wealth building and economic mobility by engaging philanthropy to collaborate and maximize impact on individual, family, and community wealth. Through regions and regional projects, Asset Funders Network connects grantmakers and colleagues in the public and private sectors to facilitate collaboration and drive positive change. Their work in Chicago, IL, and beyond aims to create lasting impact and promote economic empowerment for all.
This information is meant to be a general summary of Asset Funders Network. 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.
- Program Service Revenue: $171,297
- Gross Receipts: $3,609,327
Assets and Liabilities:
- Total Assets: $2,915,517
- Total Liabilities: $288,407
- Net Assets: $2,627,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES & SPONSORSHIP
Revenue
$171,297
Organization Details
Founding Year
2018
Phone
(312) 296-0700Principal Officer
Joseph A Antolin
Main Address
2045 W GRAND AVENUE SUITE B 50387, CHICAGO, IL, 60612
Website
www.assetfunders.org/NTEE Category
Code: T30 - Philanthropy
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