Overview
What is Collective Initiatives Inc?
Collective Initiatives Inc is a dedicated nonprofit organization that works tirelessly to promote economic development and social inclusion. Their primary goal is to advocate for equality and equity for underrepresented groups and communities that are often lacking in resources. They achieve this through their Business Management initiatives, which aim to enhance the viability of businesses within historically under-resourced communities. Additionally, their Community Development efforts are designed to improve social conditions in these areas, contributing to overall community well-being.
Official website here: www.collectiveinitiatives.org
Is Collective Initiatives Inc legitimate?
Collective Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collective Initiatives Inc submitted a form 990EZ, 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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Official website here: www.collectiveinitiatives.org
What is the mission statement of Collective Initiatives Inc?
Collective Initiatives Inc is dedicated to advancing economic development and social inclusion for underrepresented groups and communities with limited resources. By focusing on business management within historically disadvantaged communities, the organization aims to enhance business viability. Furthermore, Collective Initiatives Inc engages in community development initiatives to improve social conditions in these underserved areas. The organization's primary goal is to promote equality and equity, contributing to a more equitable society for all.
Official website here: www.collectiveinitiatives.org
What is the revenue of Collective Initiatives Inc?
Collective Initiatives Inc's revenue in 2023 was $57,094.
Official website here: www.collectiveinitiatives.org
Who are the executives of Collective Initiatives Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.collectiveinitiatives.org
Where can I find the form 990EZ for Collective Initiatives Inc?
Collective Initiatives Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.collectiveinitiatives.org
Learn more at the official website: www.collectiveinitiatives.org
Mission Statement of Collective Initiatives Inc
Collective Initiatives Inc is an organization committed to driving economic development and social inclusion, with a goal of promoting equality and equity for underrepresented groups and under-resourced entities and communities. The nonprofit focuses its efforts in the realm of Business Management within historically resource-lacking communities, working tirelessly to enhance the viability of these businesses. Additionally, Collective Initiatives Inc is dedicated to Community Development, striving to improve the social conditions within these communities. By undertaking these initiatives, the organization aims to create a more equitable society where all communities have the resources and opportunities they need to thrive.
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Impact
August, 2024
Collective Initiatives Inc's impact is significant in fostering economic development and social inclusion in underrepresented groups and under-resourced communities. By focusing on business management in historically resource-lacking areas, they enhance the viability of local businesses, contributing to the economic growth and sustainability of these communities. Additionally, their community development efforts aim to improve social conditions, ultimately promoting equality and equity for all residents. Through their work, Collective Initiatives Inc plays a crucial role in advancing community improvement initiatives in Chicago, IL.
This information is meant to be a general summary of Collective Initiatives 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.
- Program Service Revenue: $580
- Gross Receipts: $57,094
Assets and Liabilities:
- Total Assets: $8,533
- Total Liabilities: $13,443
- Net Assets: -$4,910
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Organization Details
Principal Officer
Serena K Lal
NTEE Category
Code: S31 - Community improvement
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