Institute For Work And The Economy A Not-For-Profit Corporation
- Assets
- $55.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Park, IL
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 36-4389954
Organization Overview
Institute For Work And The Economy A Not-For-Profit Corporation is located in Oak Park, IL. The organization was established in 2001. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Work And The Economy A Not-For-Profit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Institute For Work And The Economy A Not-For-Profit Corporation generated $104.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $102.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE ATTACHMENT ORGANIZATIONS PRIMARY EXEMPT PURPOSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Kaplan Director | 0 | $0 | |
Byron Zuidema Director | 0 | $0 | |
Dee Davis Director | 0 | $0 | |
Elizabeth Diana White Director | 0 | $0 | |
Mary V L Wright Director | 0 | $0 | |
Natasha T Miller Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,340 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,340 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,000 |
| Professional fees and other payments to independent contractors | $66,263 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,081 |
| Other expenses | $24,339 |
| Total expenses | $102,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,085 |
| Other assets | $0 |
| Total assets | $54,985 |
| Total liabilities | $93,055 |
| Net assets or fund balances | -$38,070 |