Overview
What is Iff?
IFF, situated in Chicago, Illinois, is a nonprofit organization dedicated to community development. With expertise in finance, real estate planning, and development, IFF collaborates with local and state governments, nonprofits, foundations, and other community groups to assess community needs and guide stakeholders in prioritizing investments. IFF's work encompasses a range of sectors including housing, human services, education, healthcare, investments, and job environments. By providing leadership, capital, and real estate solutions, IFF aims to strengthen nonprofits and the communities they serve in an inclusive, anti-racist, and anti-oppressive manner. IFF's work includes developing community-integrated housing for low-income disabled adults, redeveloping foreclosed properties, and initiating and coordinating real estate projects that respond to community needs, create jobs, and transform under-resourced communities in the Midwest. IFF employs a team of 163 individuals.
Official website here: www.iff.org
Is Iff legitimate?
Iff is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iff 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: $2,962,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,731,838
For more financial information, click here
Official website here: www.iff.org
What is the mission statement of Iff?
Iff is a mission-driven organization dedicated to advancing equitable and transformative outcomes in under-resourced communities. Guided by a commitment to inclusivity and anti-racism, IFF provides leadership, capital, and real estate solutions to strengthen nonprofits and the communities they serve. Their leadership role encompasses research, policy, sector work, and convening. The capital solutions offered include various financial products such as loans, New Markets Tax Credits, equity, and Pay for Success. IFF also provides real estate solutions through consultant services, development, and ownership.
Official website here: www.iff.org
Who is the CEO of Iff?
Joe Neri is the Ceo of Iff. The CEO's salary of Iff is $349,750 and their total compensation is $368,434.
Official website here: www.iff.org
What is the revenue of Iff?
Who are the executives of Iff and what are their salaries?
The average compensation at Iff during 2022 was $84,017. There are 163 employees and 58 volunteers at Iff.
Here are 33 key members and their salaries (Iff's CEO's salary is $349,750 and their total compensation is $368,434):
- Joe Neri (Ceo) [Trustee/Director]
- Kirby Burkholder (President, Core Business Solutions)
- Suza Leao-Reuter (Cfo & Assistant Secretary)
- Tara Townsend (President, Social Impact Accelerator)
- Chris Uhl (Exec. Director - Eastern Region)
- Jose Cerda Iii (Vice President External Affairs)
- Dana Lieberman (Svp Cap. Sol., Chief Lending Officer)
- Michael Goldberg (Svp Real Estate Solutions)
- Jeff Sheffler (Controller)
- Victoria Lakes-Battle (Exec. Director - Chicago Region)
- John Kuhnen (Vp Asset Manager)
- Terry Young (Svp Cap. Sol., Chief Credit Officer)
- Jennifer Kraemer (Vice President Talent Management)
- Denise Smith (Implementation Dir. Hope Starts Here)
- Charlie Biggam (Chief Legal Counsel)
- Stephanie Socall (Manag. Dir., Affordable Housing)
- Stephen Westbrooks (Exec. Director - Southern Region)
- Matt Roth President Core (Business Solutions (Until 1/1/22))
- Cheryl Wilson (Board Chair) [Trustee/Director]
- Sakura Takano (Vice Chair) [Trustee/Director]
- John Sassaris (Treasurer/Secretary) [Trustee/Director]
- George Burciaga (Board Member) [Trustee/Director]
- Hamilton Chang (Board Member) [Trustee/Director]
- Evelyn Diaz (Board Member) [Trustee/Director]
- Sidney Dillard (Board Member) [Trustee/Director]
- James Due (Board Member) [Trustee/Director]
- Tiffany Hamel-Johnson (Board Member) [Trustee/Director]
- Monique Jones (Board Member) [Trustee/Director]
- Rodney Jones-Tyson (Board Member) [Trustee/Director]
- George Mui (Board Member) [Trustee/Director]
- Emmet Pierson (Board Member) [Trustee/Director]
- Angela Reyes (Board Member) [Trustee/Director]
- Robbyn Wahby (Board Member) [Trustee/Director]
Official website here: www.iff.org
Where can I find the form 990 for Iff?
The Iff’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.iff.org
Learn more at the official website: www.iff.org
Mission Statement of Iff
IFF, an inclusive and anti-racist institution, is dedicated to advancing equitable and transformational outcomes in under-resourced communities. Guided by a commitment to honor communities as experts in their own stories, IFF leverages its knowledge, capital, and resources to strengthen nonprofits and the communities they serve.
IFF's mission is multifaceted. It begins with leadership, reflecting the organization's role in research, policy, sector work, and convening. IFF's leadership initiatives aim to bring about positive change and foster collaboration among various stakeholders. Through its research and policy work, IFF shapes the narrative around community development and sets the stage for innovative solutions. Sector work and convening events provide opportunities for knowledge sharing, capacity building, and networking among nonprofits and community leaders.
Furthermore, IFF's mission encompasses capital solutions. The organization offers a range of financial products, including loans, New Markets Tax Credits, equity, and Pay for Success, which enable nonprofits and communities to access the resources they need to thrive. These financial solutions can be instrumental in bringing about sustainable change and addressing the root causes of systemic issues.
Lastly, IFF's mission includes real estate solutions. The organization provides consultant services, development, and ownership to help nonprofits and communities navigate the complex world of real estate. These services can be crucial in ensuring that nonprofits have access to suitable and affordable space, which is often a significant challenge in under-resourced communities. By providing comprehensive solutions in the areas of leadership, capital, and real estate, IFF empowers nonprofits to create lasting, positive change in their communities.
Impact
This information is meant to be a general summary of Iff. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Iff's impact is significant in advancing equitable and transformational outcomes in under-resourced communities. Through its expertise in finance, real estate planning and development, and research, Iff works with various stakeholders including local and state government, nonprofit agencies, foundations, and community groups to help achieve community development goals. By assessing community conditions, analyzing demographic data, identifying existing assets, and gaps, Iff helps guide stakeholders in developing strategic plans and prioritizing investments.
Furthermore, Iff plays a crucial role in addressing a wide range of community needs such as healthcare, education, housing, childcare, healthy food access, and job training. The organization also initiates, coordinates, develops, and owns real estate projects that respond to community needs, create jobs, and transform low-income communities in the Midwest. Additionally, Iff acquires, owns, and manages community-integrated housing for low-income disabled adults, as well as redeveloping foreclosed properties near public transit into affordable homes and apartments. Through its multifaceted approach, Iff actively facilitates partnerships with strategic stakeholders and potential collaborators to bring about positive change and empowerment in communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loans
Revenue
$23,854,116
Consulting Contract Fees
Revenue
$3,469,115
Rental Income
Revenue
$1,886,216
Management Fees
Revenue
$1,339,988
Syndication Fees
Revenue
$1,183,000
Organization Details
Founding Year
1988
Phone
(312) 629-0060
Principal Officer
Joe Neri
Main Address
333 S Wabash Ave Ste 2800, Chicago, IL, 60604
Website
www.iff.org
NTEE Category
Code: S50 - Community improvement
If you are a representative of Iff 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.