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Oai Inc

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

EIN: 364385280 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Oai Inc?

Oai Inc, headquartered in Chicago, Illinois, is a dedicated nonprofit organization that has been serving the Chicago metropolitan area for over two decades. Their primary mission is to foster a community where everyone, particularly those with significant employment barriers, has access to education, training, and sustainable careers. They specialize in offering direct career services to underserved populations in the Chicago Southland region. This includes low-income residents, at-risk youth, Empowerment Zone residents, displaced workers, and individuals below the poverty line. Oai Inc achieves this through alliances with local communities, service providers, and employers. They provide technical training and internships, ensuring their students secure and maintain employment for at least a year. Their activities align with the goal of equipping people with skills that lead to safe, meaningful employment, thereby contributing to the overall prosperity of companies and communities.


Official website here: www.oaiinc.org

Is Oai Inc legitimate?

Oai Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oai Inc 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: $336,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,747,659

For more financial information, click here


Official website here: www.oaiinc.org

What is the mission statement of Oai Inc?

Oai Inc's mission is centered around providing skills training that leads to safe and meaningful employment. The organization aims to create a community where individuals with barriers to employment can access education, training, and work opportunities, enabling them to live secure and fulfilling lives. Oai Inc serves a diverse clientele, including those transitioning from welfare to work, at-risk youth, displaced workers, and individuals below the poverty line. Annually, the organization assists around 3,500 clients in their journey towards sustainable employment.


Official website here: www.oaiinc.org

Who is the CEO of Oai Inc?

Amanda Allen is the Treasurer of Oai Inc.


Official website here: www.oaiinc.org

What is the revenue of Oai Inc?

Oai Inc's revenue in 2023 was $5,831,307.


Official website here: www.oaiinc.org

Who are the executives of Oai Inc and what are their salaries?

The average compensation at Oai Inc during 2023 was $52,113. There are 40 employees and 12 volunteers at Oai Inc.

Here are 10 key members and their salaries:

    Mollie Dowling Macd (Former Executive Director)
  • Compensation: $107,589
  • Related: $0
  • Other: $20,748

    • Amanda Allen (Executive Director)
  • Compensation: $100,453
  • Related: $0
  • Other: $25,172

    • Nooruddin S Bhaidani (Finance Director)
  • Compensation: $89,387
  • Related: $0
  • Other: $12,034

    • Kelley Farley Shrm-Cp Cnap (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kindy Kruller Aicp Leed Ap Maupp (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Galindo Csp Sms (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Brent Denzin Jd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.oaiinc.org

    Where can I find the form 990 for Oai Inc?

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


    Official website here: www.oaiinc.org

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

    Mission Statement of Oai Inc

    Oai Inc, a nonprofit organization with over 25 years of experience in the Chicago metropolitan area, is committed to creating a community environment that empowers individuals to access education, training, employment, and housing. With a mission deeply rooted in fostering a sense of community, Oai Inc aims to help people who face significant barriers to obtaining and retaining meaningful employment.

    The organization serves a diverse clientele, including individuals transitioning from welfare to work, at-risk youth, Empowerment Zone residents, displaced workers, and anyone earning below the poverty line. With a client base of approximately 3,500 individuals annually, Oai Inc is dedicated to providing the necessary resources and support for these individuals to sustain and enjoy safe, secure, and fulfilling lives. Through its comprehensive workforce development programs, Oai Inc aims to break down the barriers that hinder individuals from reaching their full potential and contributing positively to their communities.

    Impact

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




    Thursday, August 15, 2024

    Oai Inc's impact is significant in providing skills training that leads to safe, meaningful employment for underserved populations in the Chicago Southland region. By engaging with neighborhood/service provider/employer alliances, Oai Inc recruits low-income residents for technical training and internships, supports them through training programs, connects them with sustainable careers after graduation, and helps retain them in these positions for at least one year. Through its efforts, Oai Inc contributes to the overall thriving of companies and communities by fostering access to education, training, work, and housing that allow individuals to sustain and enjoy safe, secure, and fulfilling lives. With over 25 years of experience in comprehensive workforce development, Oai Inc serves approximately 3,500 clients annually, including individuals making the transition from welfare to work, at-risk youth, residents in need of additional skills, and those with earnings below the poverty line.





    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: $1,724
  • Program Service Revenue: $14,100
  • Gross Receipts: $5,831,307

    • Assets and Liabilities:
  • Total Assets: $2,916,035
  • Total Liabilities: $1,452,234
  • Net Assets: $1,463,801
  • Programs

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

    Fee for service

    Revenue

    $14,100

    Organization Details

    Founding Year

    2000

    Principal Officer

    Amanda Allen

    Main Address

    180 N Wabash Avenue 750, Chicago, IL, 60601

    NTEE Category

    Code: J20 - Employment

    If you are a representative of Oai Inc 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.