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Lumity

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

EIN: 363547903 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Lumity?

Lumity is a nonprofit organization situated in Chicago, Illinois, specifically at 1132 South Wabash, 504. Its mission is to bridge the gap between under-resourced communities, STEM-related businesses, and local schools in the Chicago area. Lumity collaborates with over 25 corporate partners and five high schools to offer transformative STEM experiences for teenagers, preparing and inspiring them to pursue careers in STEM fields. They accomplish this by bringing corporate mentors into schools and allowing youth to engage with companies directly. Furthermore, Lumity operates NPO.NET, a nonprofit job board established in 1995, which connects job seekers with nonprofit employers. With a staff of 14 individuals, Lumity's work aims to empower and equip the next generation of STEM professionals.


Official website here: www.lumity.org

Is Lumity legitimate?

Lumity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lumity 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: $226,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $710,903

For more financial information, click here


Official website here: www.lumity.org

What is the mission statement of Lumity?

Lumity, in collaboration with its partners, aims to dismantle the barriers between STEM-related businesses, schools, and under-resourced communities. The organization works with over 25 corporate partners and five high schools to offer transformative STEM experiences to teenagers, preparing and inspiring them to pursue careers in STEM. Lumity brings corporate mentors into schools and introduces youth to companies. Notably, Lumity has successfully matched nonprofit employers with job seekers through NPO.NET, a nonprofit job board established by Lumity in 1995.


Official website here: www.lumity.org

Who is the CEO of Lumity?

Kara Kennedy is the Chair of Lumity.


Official website here: www.lumity.org

What is the revenue of Lumity?

Lumity's revenue in 2023 was $2,417,297.


Official website here: www.lumity.org

Who are the executives of Lumity and what are their salaries?

The average compensation at Lumity during 2023 was $66,988. There are 14 employees and 264 volunteers at Lumity.

Here are 20 key members and their salaries:

    Kara Kennedy (Executive Director)
  • Compensation: $141,137
  • Related: $0
  • Other: $3,500

    • Chris Johnston (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Jennifer Village (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Zech (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sreelatha Surendranathan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Betts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mia Boom-Ibes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alok Dalal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Dillingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juatise Gathings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roshni Joshi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kapil Kalokhe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Kaufmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Les Mccollum Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aparna Misra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerome Nolasco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Conor Waddell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Telek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lumity.org

    Where can I find the form 990 for Lumity?

    The Lumity’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.lumity.org

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

    Mission Statement of Lumity

    Lumity, a nonprofit organization, is committed to breaking down the barriers between STEM-related businesses, schools, and under-resourced communities in Chicago. They collaborate with over 25 corporate partners and five high schools to offer transformative STEM experiences to teenagers. This initiative aims to prepare and inspire these students to pursue careers in STEM fields. Lumity facilitates the involvement of corporate mentors in schools and encourages youth to engage with companies. Furthermore, the organization has successfully matched nonprofit employers with job seekers through NPO.NET, a nonprofit job board established by Lumity in 1995. This mission of Lumity is instrumental in bridging the gap between STEM industries and underprivileged communities, providing opportunities for educational growth and career development.

    Impact

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




    Thursday, August 15, 2024

    Lumity's impact is evident in its efforts to bridge the gap between STEM-related businesses, schools, and under-resourced communities in Chicagoland. By working with over 25 corporate partners and five high schools, Lumity provides teenagers with transformative STEM experiences, preparing and inspiring them to pursue careers in STEM fields. Through initiatives like bringing corporate mentors into schools and enabling youth to engage with companies, Lumity is fostering connections and opportunities that empower individuals to explore and excel in the world of STEM. Additionally, Lumity's job board, NPO.net, facilitates successful employer- job seeker matches, further contributing to the organization's mission of creating pathways for STEM advancement.





    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 2023.

  • Investment Income: $9,921
  • Program Service Revenue: $202,550
  • Gross Receipts: $2,477,033

    • Assets and Liabilities:
  • Total Assets: $1,439,810
  • Total Liabilities: $402,299
  • Net Assets: $1,037,511
  • Programs

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

    SUBSCRIPTION AND PROGR

    Revenue

    $202,550

    Organization Details

    Founding Year

    1984

    Principal Officer

    Kara Kennedy

    Main Address

    1132 SOUTH WABASH 504, CHICAGO, IL, 60605

    NTEE Category

    Code: U41P - Science research

    If you are a representative of Lumity and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.