Overview
What is Institute For Education In Retirement Inc?
The Institute for Education in Retirement Inc., based in New York, is a nonprofit organization dedicated to fostering intellectually stimulating peer learning and community engagement opportunities for the retired and semi-retired population of the New York Metropolitan Area. Established in 1962, it has evolved and currently supports the Lifelong Peer Learning Program (LP2) at the Graduate Center of the City University of New York (CUNY). LP2, the oldest of its kind in the nation, encourages shared learning through weekly noncredit study groups, led by members from various backgrounds. The Institute also organizes free public lectures featuring renowned intellectuals, offers online classes for homebound older adults, and hosts group art shows. Scholarships are provided to LP2 members in need to ensure equality in learning opportunities. The Institute for Education in Retirement Inc. serves as a valuable resource for the New York Metropolitan Area, enabling post-career individuals to maintain intellectual growth and contribute to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Stars
The Institute For Education In Retirement Inc has earned a solid three-star rating from Charity Navigator, reflecting an overall score of 80%. This rating is derived entirely from the charity's Accountability & Finance metrics, which indicate a strong commitment to transparent financial practices and governance.
The organization demonstrates excellent accountability, with 100% of its board members being independent, a low liabilities-to-assets ratio of 0.00%, and a healthy program expense ratio of 76.01%. These factors suggest that the charity effectively utilizes its resources to support its mission while maintaining high standards of financial integrity.
However, while the score reflects strengths in accountability and finance, the rating does not assess other important aspects such as program effectiveness or impact. Potential donors and supporters may want to consider these factors alongside the financial metrics when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Education In Retirement Inc legitimate?
Institute For Education In Retirement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Education In Retirement Inc 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:
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Other Salaries and Wages: $0
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What is the mission statement of Institute For Education In Retirement Inc?
The Institute for Education in Retirement Inc., as a non-profit organization, is committed to providing intellectually stimulating learning opportunities and fostering community engagement for individuals who have retired. They achieve this by organizing onsite peer-to-peer study groups, hosting free public lectures, and offering online classes for homebound older adults in the post-career community. The primary goal is to offer an enriching environment that encourages lifelong learning and social interaction.
Who is the CEO of Institute For Education In Retirement Inc?
Barbara Marwell is the Chairperson And President of Institute For Education In Retirement Inc.
What is the revenue of Institute For Education In Retirement Inc?
Institute For Education In Retirement Inc's revenue in 2023 was $167,422.
Who are the executives of Institute For Education In Retirement Inc and what are their salaries?
There 12 volunteers at Institute For Education In Retirement Inc.
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Where can I find the form 990 for Institute For Education In Retirement Inc?
Institute For Education In Retirement Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Institute For Education In Retirement Inc
The Institute for Education in Retirement is a non-profit organization dedicated to providing intellectually stimulating learning opportunities and fostering community engagement for post-career individuals residing in the New York metropolitan area. This esteemed institution achieves its mission by offering a variety of activities, including onsite peer-to-peer study groups, public lectures, and free online classes tailored for homebound older adults. The primary goal of the Institute for Education in Retirement is to support the post-career community by offering engaging, thought-provoking, and enriching experiences that cater to their intellectual curiosity and encourage active participation in community affairs.
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Impact
October, 2024
The Institute for Education in Retirement plays a pivotal role in enriching the lives of post-career individuals in the New York Metropolitan Area by providing intellectually stimulating peer learning opportunities. By fostering a culture of lifelong learning through its Lifelong Peer Learning Program (LP2) at the CUNY Graduate Center, it empowers members to take charge of their education, share their diverse knowledge, and engage in meaningful discussions.
Since its establishment, LP2 has offered a model where participants collaboratively design and lead study groups that mimic college-level courses, creating an environment that merges intellectual rigor with social interaction. This not only enhances the educational experience but also helps to cultivate friendships and a sense of community among members, which is crucial for personal fulfillment after retirement.
Additionally, the Institute sponsors a variety of programs that extend its impact beyond traditional classroom settings. Public lectures featuring distinguished intellectuals, online classes for homebound older adults, and group art exhibitions contribute to a vibrant cultural landscape, making knowledge accessible to a broader audience.
Furthermore, by providing scholarships for members in need, the Institute ensures that financial barriers do not hinder participation, thus promoting inclusivity and diversity within its learning community. Overall, the Institute for Education in Retirement significantly contributes to the intellectual and social well-being of retired and semi-retired individuals, helping them stay engaged and connected with the world around them.
This information is meant to be a general summary of Institute For Education In Retirement Inc. 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.
- Investment Income: $2,300
- Gross Receipts: $167,422
Assets and Liabilities:
- Total Assets: $1,042,346
- Total Liabilities: $0
- Net Assets: $1,042,346
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Organization Details
Founding Year
2018
Phone
(212) 218-5549Principal Officer
Barbara Marwell
Main Address
PO Box 1779, New York, NY, 101561779
NTEE Category
Code: B12 - Education
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