Industrial Areas Foundation

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

EIN: 362334627 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Industrial Areas Foundation?

The Industrial Areas Foundation, established in 1940, is a distinguished and enduring network of local faith and community-driven organizations across the nation. This organization fosters the creation of independent groups, comprising individuals from various racial and socioeconomic backgrounds. Their primary goal is to drive productive improvements in the public sector. By leveraging these newly formed political realities, the Industrial Areas Foundation members innovate and institute new social realities. This nonprofit continues to uphold its mission as the nation's longest-standing network of its kind, contributing to community development and social change.


Official website here: www.industrialareasfoundation.org

Is Industrial Areas Foundation legitimate?

Industrial Areas Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Industrial Areas Foundation 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: $605,389
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,148

For more financial information, click here


Official website here: www.industrialareasfoundation.org

What is the mission statement of Industrial Areas Foundation?

The Industrial Areas Foundation, established in 1940, serves as the nation's largest and longest-standing network of local faith and community-based organizations. Its mission involves creating independent organizations, composed of individuals from various racial and socioeconomic backgrounds, focused on fostering productive improvements in the public arena. By leveraging these newly established political realities, the Industrial Areas Foundation facilitates the invention and establishment of novel social realities.


Official website here: www.industrialareasfoundation.org

Who is the CEO of Industrial Areas Foundation?

Martin Trimble is the Chair of Industrial Areas Foundation.


Official website here: www.industrialareasfoundation.org

What is the revenue of Industrial Areas Foundation?

Industrial Areas Foundation's revenue in 2022 was $2,027,320.


Official website here: www.industrialareasfoundation.org

Who are the executives of Industrial Areas Foundation and what are their salaries?

The average compensation at Industrial Areas Foundation during 2022 was $155,384. There are 4 employees and 6 volunteers at Industrial Areas Foundation.

Here are 9 key members and their salaries:

    Martin Trimble (Co-Director)
  • Compensation: $163,200
  • Related: $0
  • Other: $68,626

    • Joe Rubio (Co-Director)
  • Compensation: $163,200
  • Related: $0
  • Other: $68,171

    • Ernesto Cortes Jr (Director)
  • Compensation: $85,000
  • Related: $0
  • Other: $57,192

    • Georgianna Gleason (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bishop Joel N Martinez (Secretary/Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eduardo Anaya (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert J Moriarty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Beth Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yusufi Vali (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.industrialareasfoundation.org

    Where can I find the form 990 for Industrial Areas Foundation?

    The Industrial Areas Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.industrialareasfoundation.org

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

    Mission Statement of Industrial Areas Foundation

    The Industrial Areas Foundation, established in 1940, serves as the nation's largest and longest-standing network of local faith and community-based organizations. The mission of this organization is to initiate and foster independent organizations, comprised of individuals from diverse racial and socio-economic backgrounds. These groups focus on promoting constructive improvements in the public domain. By leveraging the political realities created by these organizations, the Industrial Areas Foundation catalyzes the invention and establishment of new social realities. In essence, the foundation empowers communities to address and shape their own societal concerns.

    Impact

    This information is meant to be a general summary of Industrial Areas Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Industrial Areas Foundation has had a significant impact on communities across the United States by empowering and organizing individuals from diverse backgrounds to address pressing issues in the public arena. By creating independent organizations that bring together people of all races and classes, IAF has been able to drive meaningful improvements in various aspects of society. Through their work, IAF members have successfully influenced political landscapes, leading to the establishment of new social realities that benefit communities and foster positive change. Founded in 1940, IAF continues to be a driving force in promoting community-based solutions to complex societal challenges.





    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: $8,367
  • Program Service Revenue: $1,492,949
  • Gross Receipts: $2,027,320

    • Assets and Liabilities:
  • Total Assets: $1,760,604
  • Total Liabilities: $292,460
  • Net Assets: $1,468,144
  • Programs

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

    PROGRAM FEES

    Revenue

    $1,477,999

    AFFILIATES SUPPORT

    Revenue

    $14,950

    Organization Details

    Founding Year

    1940

    Principal Officer

    Martin Trimble

    Main Address

    3938 W BELLE PLAINE AVENUE, CHICAGO, IL, 60618

    NTEE Category

    Code: T30 - Philanthropy

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