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Institute For Local Self Reliance

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237394104 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Institute For Local Self Reliance?

The Institute for Local Self-Reliance is a nonprofit organization situated in Washington, D.C. Their mission is to contribute to an economy that upholds democratic values, where businesses and decision-makers are deeply rooted in their local communities and prosperity is broadly shared. They provide a conceptual framework, strategies, and information to facilitate the creation of ecologically sound and economically equitable communities. By collaborating with citizens, activists, policymakers, and entrepreneurs, they aim to design systems, policies, and industries that meet local or regional needs, maximizing local resources, and ensuring that the benefits of these systems and resources are distributed equitably among all citizens. The Institute for Local Self-Reliance has a team of 53 dedicated individuals working towards this goal.


Official website here: www.ilsr.org

Is Institute For Local Self Reliance legitimate?

Institute For Local Self Reliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Local Self Reliance 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.

Here are some key statistics you may want to consider:

Executive Compensation: $321,493
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,663,566

For more financial information, click here


Official website here: www.ilsr.org

What is the mission statement of Institute For Local Self Reliance?

The Institute for Local Self-Reliance's mission is to provide a conceptual framework, strategies, and essential information to facilitate the establishment of ecologically sustainable and economically equitable communities. The organization collaborates with citizens, activists, policymakers, and entrepreneurs to design systems, policies, and industries that cater to local or regional needs, maximizing the utilization of local human, material, natural, and financial resources. Crucially, the Institute ensures that the benefits derived from these systems and resources are distributed equitably among all community members.


Official website here: www.ilsr.org

Who is the CEO of Institute For Local Self Reliance?

John Farrell is the Chair of Institute For Local Self Reliance.


Official website here: www.ilsr.org

What is the revenue of Institute For Local Self Reliance?

Institute For Local Self Reliance's revenue in 2022 was $5,615,395.


Official website here: www.ilsr.org

Who are the executives of Institute For Local Self Reliance and what are their salaries?

The average compensation at Institute For Local Self Reliance during 2022 was $37,454. There are 53 employees and 6 volunteers at Institute For Local Self Reliance.

Here are 9 key members and their salaries:

    Stacy Mitchell (Co-Director)
  • Compensation: $106,799
  • Related: $0
  • Other: $26,422

    • John Farrell (Co-Director)
  • Compensation: $87,833
  • Related: $0
  • Other: $28,967

    • David Morris (Board Member) [Trustee/Director]
  • Compensation: $34,790
  • Related: $0
  • Other: $0

    • Kirk Marckwald (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Reicher (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nora Goldstein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Lewis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roy Priest (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina Schaefer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ilsr.org

    Where can I find the form 990 for Institute For Local Self Reliance?

    The Institute For Local Self Reliance’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ilsr.org

    Learn more at the official website: www.ilsr.org

    Mission Statement of Institute For Local Self Reliance

    The Institute for Local Self-Reliance is dedicated to offering a theoretical framework, strategies, and vital information to facilitate the establishment of ecologically sustainable and economically equitable communities. By collaborating with citizens, activists, policymakers, and entrepreneurs, this organization strives to develop systems, policies, and industries that cater to local or regional needs. This collaborative effort aims to maximize the use of local human, material, natural, and financial resources, ensuring that the benefits of these systems and resources are distributed equitably among all citizens. In essence, the Institute for Local Self-Reliance serves as a catalyst for community development, fostering ecologically sound and economically fair practices that empower its citizens.

    Impact

    This information is meant to be a general summary of Institute For Local Self Reliance. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Institute For Local Self Reliance has a significant impact on communities by providing the conceptual framework, strategies, and information needed to create ecologically sound and economically equitable environments. Working with citizens, activists, policymakers, and entrepreneurs, the Institute helps design systems, policies, and industries tailored to meet local or regional needs, maximizing local resources for the benefit of all citizens. Through its Independent Business Initiative, the Institute promotes an economy rooted locally, where businesses are accountable to the communities they serve, leading to prosperity that is broadly shared. Overall, the Institute's efforts contribute to community improvement and the empowerment of local economies.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $38,652
  • Program Service Revenue: $188,411
  • Gross Receipts: $6,248,503

    • Assets and Liabilities:
  • Total Assets: $7,355,502
  • Total Liabilities: $283,230
  • Net Assets: $7,072,272
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRACT REVENUE

    Revenue

    $156,753

    PROGRAM AND REGISTRATION FEES

    Revenue

    $18,947

    HONORARIA AND CONSULTING

    Revenue

    $12,711

    Organization Details

    Founding Year

    1974

    Principal Officer

    John Farrell

    Main Address

    1200 18TH ST NW STE 700, WASHINGTON, DC, 20036

    NTEE Category

    Code: S050 - Community improvement

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