Overview
What is Impact Central Illinois?
Impact Central Illinois is a collective giving organization situated in Peoria, Illinois, specifically at 6000 W War Memorial Drive. This nonprofit, primarily composed of women, pools together annual donations from its members. They then grant substantial amounts to a deserving local cause, selected through a collective decision-making process by the members. The primary objective of Impact Central Illinois is to make a significant impact on their community by leveraging their collective financial resources.
Official website here: www.impactcentralillinois.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Impact Central Illinois has received a solid score of 83%, reflecting a Three-Star rating, which indicates a good level of accountability and finance management. The score is based on a comprehensive assessment of various financial metrics, highlighting the organization's commitment to transparency and responsible governance.
Strengths noted in the evaluation include an independent board with all members being independent, a good size board, and effective management of assets. The organization also demonstrates strong practices in areas like conflict of interest policy, and it maintains clear documentation of board meeting minutes.
However, there are areas that require improvement, particularly concerning its whistleblower and document retention policies, where it scored zero out of seven. Addressing these gaps could enhance overall accountability and strengthen trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Central Illinois legitimate?
Impact Central Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Central Illinois 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.
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For more financial information, click here
Official website here: www.impactcentralillinois.org
What is the mission statement of Impact Central Illinois?
Impact Central Illinois, being a collective giving organization for women in a certain community, aims to make a significant impact by pooling their financial resources. The mission of Impact Central Illinois is to utilize these collective funds and distribute large grants annually to a worthy local cause, chosen by the organization's members. This collective approach allows them to make a substantial difference in their community by collectively addressing pressing issues and supporting deserving causes.
Official website here: www.impactcentralillinois.org
Who is the CEO of Impact Central Illinois?
Laurie Weaver is the President of Impact Central Illinois.
Official website here: www.impactcentralillinois.org
What is the revenue of Impact Central Illinois?
Impact Central Illinois's revenue in 2023 was $53,177.
Official website here: www.impactcentralillinois.org
Who are the executives of Impact Central Illinois and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.impactcentralillinois.org
Where can I find the form 990 for Impact Central Illinois?
Impact Central Illinois's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.impactcentralillinois.org
Learn more at the official website: www.impactcentralillinois.org
Mission Statement of Impact Central Illinois
Impact Central Illinois is a collective giving organization, dedicated to making a substantial impact in their community. Their mission is to pool together financial resources from its members, with the belief that this collective effort can significantly contribute to the betterment of their local area. Each year, Impact Central Illinois distributes substantial grants to a worthy cause selected by its members, demonstrating their commitment to making a difference within their community.
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Impact
August, 2024
Impact Central Illinois has a significant impact on the community by pooling financial resources from its members to provide large grants to local worthy causes in Central Illinois. This collective giving organization for women in Peoria, Illinois, focuses on supporting human services in the area, making a meaningful difference through its annual donations and grant-making activities.
This information is meant to be a general summary of Impact Central Illinois. 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: $3,318
- Program Service Revenue: $44,100
- Gross Receipts: $53,177
Assets and Liabilities:
- Total Assets: $843,582
- Total Liabilities: $49,155
- Net Assets: $794,427
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$44,100
Organization Details
Founding Year
2018
Phone
(309) 645-5893Principal Officer
Laurie Weaver
Main Address
6000 W WAR MEMORIAL DR, PEORIA, IL, 61615
NTEE Category
Code: P20 - Human services
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