Woodstock Institute

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

EIN: 362907408 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Woodstock Institute?

Woodstock Institute is a nonprofit organization committed to establishing a fair financial system that empowers lower-income individuals and communities of color to attain economic stability and community growth. Through thorough research, they expose the detrimental effects of financial products and practices on these groups, propose reforms, and advocate for equitable lending and investment opportunities. Furthermore, Woodstock Institute identifies barriers to wealth creation for low-income individuals and communities, engaging in coalition building and advocacy to promote just policies.


Official website here: www.woodstockinst.org

Is Woodstock Institute legitimate?

Woodstock Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodstock Institute 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: $176,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $490,583

For more financial information, click here


Official website here: www.woodstockinst.org

What is the mission statement of Woodstock Institute?

The Woodstock Institute's mission is centered around establishing a fair financial system. This mission aims to empower lower-income individuals and communities, particularly those of color, to attain economic stability and foster community growth. The organization conducts research to expose the detrimental effects of financial products and practices on these groups. Subsequently, they propose reforms and advocate for equitable lending and investment policies. Furthermore, Woodstock Institute utilizes innovative research to pinpoint obstacles inhibiting wealth creation for low-income individuals and communities, and actively participates in coalition building and advocacy to promote equitable policies.


Official website here: www.woodstockinst.org

Who is the CEO of Woodstock Institute?

Horacio Mendez is the Chair of Woodstock Institute. The CEO's salary of Woodstock Institute is $146,124 and their total compensation is $173,158.


Official website here: www.woodstockinst.org

What is the revenue of Woodstock Institute?

Woodstock Institute's revenue in 2022 was $1,513,506.


Official website here: www.woodstockinst.org

Who are the executives of Woodstock Institute and what are their salaries?

The average compensation at Woodstock Institute during 2022 was $66,679. There are 10 employees and 20 volunteers at Woodstock Institute.

Here are 14 key members and their salaries (Woodstock Institute's CEO's salary is $146,124 and their total compensation is $173,158):

    Horacio Mendez (President And Ceo)
  • Compensation: $146,124
  • Related: $0
  • Other: $27,034

    • Thomas Fitzgibbon Jr (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manuel Jimenez (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Calvin Bradford (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobbi Ball (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Louis Caditz-Peck (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Staci Glenn-Short (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesus Hernandez Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Carlos Linares (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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


  • Official website here: www.woodstockinst.org

    Where can I find the form 990 for Woodstock Institute?

    The Woodstock Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.woodstockinst.org

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

    Mission Statement of Woodstock Institute

    Woodstock Institute, a nonprofit organization, is committed to establishing a fair and just financial system. Their mission is centered around empowering lower-income individuals and communities, as well as those of color, to attain economic security and foster community prosperity. To achieve this goal, Woodstock Institute conducts research to expose the detrimental effects of financial products and practices on these groups. They develop innovative reforms based on their findings and advocate for equitable lending and investment practices.

    The organization also identifies and addresses barriers to wealth creation for lower-income individuals and communities. By engaging in coalition building and advocacy, Woodstock Institute promotes policies that promote equity and fairness in the financial sector. In essence, Woodstock Institute works tirelessly to ensure a financial system that is just and inclusive, allowing lower-income individuals and communities of color to thrive and achieve financial stability.

    Impact

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




    Thursday, August 15, 2024

    Woodstock Institute works tirelessly to create a just financial system that empowers lower-wealth individuals and communities of color to achieve economic security and community prosperity. Through their research, advocacy, and coalition building efforts, Woodstock Institute is actively dismantling barriers to wealth creation and promoting equitable lending and investment practices. Their impact is felt in the form of increased access to financial resources, fairer lending practices, and a more inclusive economic landscape for marginalized communities.





    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: $4,004
  • Program Service Revenue: $0
  • Gross Receipts: $1,513,506

    • Assets and Liabilities:
  • Total Assets: $1,345,374
  • Total Liabilities: $701,025
  • Net Assets: $644,349
  • Organization Details

    Founding Year

    1977

    Principal Officer

    Horacio Mendez

    Main Address

    67 East Madison 2108, Chicago, IL, 60603

    NTEE Category

    Code: R20 - Civil rights

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