Of Color Inc

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

EIN: 364840123 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Of Color Inc?

Of Color Inc, located in Chicago, Illinois, is a nonprofit organization that focuses on empowering individuals across different racial backgrounds to achieve their economic and educational objectives. Through the Illinois Youth Investment Program, they offer comprehensive employment and apprenticeship opportunities for young adults aged 18 to 24. Their services encompass personal development, job training, mentoring, coaching, and supportive services, with a strong emphasis on executive functioning and self-regulation skill development. This holistic approach aims to improve planning, memory, and multi-tasking abilities, ultimately contributing to a conducive workforce environment. The organization has a team of 17 dedicated individuals working towards this mission.


Official website here: www.ofcolorinc.org

Is Of Color Inc legitimate?

Of Color Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Of Color 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: $89,182
Professional Fundraising Fees: $0
Other Salaries and Wages: $559,032

For more financial information, click here


Official website here: www.ofcolorinc.org

What is the mission statement of Of Color Inc?

Of Color Inc's mission is centered around empowering individuals of all racial backgrounds, aiding them in their pursuit of economic and educational advancements. Through their initiatives, they strive to provide young adults aged between 18 and 24 with comprehensive resources. This includes employment and apprenticeship programs that encompass personal development, job training, work-based learning, supportive services, mentoring, and coaching. The primary focus of these services is on enhancing executive functioning and self-regulation skills, enabling better planning, memory, and multi-tasking abilities in the youth.


Official website here: www.ofcolorinc.org

Who is the CEO of Of Color Inc?

Brenda Duncan is the Treasurer of Of Color Inc.


Official website here: www.ofcolorinc.org

What is the revenue of Of Color Inc?

Of Color Inc's revenue in 2022 was $1,205,065.


Official website here: www.ofcolorinc.org

Who are the executives of Of Color Inc and what are their salaries?

The average compensation at Of Color Inc during 2022 was $38,130. There are 17 employees at Of Color Inc.

Here are 10 key members and their salaries:

    Renita White (Executive Dir.)
  • Compensation: $89,182
  • Related: $0
  • Other: $0

    • Brenda Duncan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melina Higbee (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Camilla Johnson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Moss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Strauss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Swinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Whiteside-Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ofcolorinc.org

    Where can I find the form 990 for Of Color Inc?

    The Of Color Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ofcolorinc.org

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

    Mission Statement of Of Color Inc

    Of Color Inc, a mission-driven organization, strives to empower individuals of all backgrounds by enhancing their economic and educational aspirations. The nonprofit's primary goal is to provide resources and opportunities that enable individuals to set and achieve their personal goals in these areas.

    To accomplish this mission, Of Color Inc offers various programs and services. One such initiative is the Illinois Youth Investment Program (IYIP). This program focuses on young adults between the ages of 18 and 24, offering them comprehensive employment and apprenticeship programs. IYIP's approach is holistic, encompassing personal development, job training, work-based learning, supportive services, mentoring, and coaching. The program places a significant emphasis on executive functioning and self-regulation skill development, helping its participants improve their planning, memory, and multi-tasking abilities.

    In essence, Of Color Inc's mission is to foster an environment where individuals can grow, learn, and thrive, regardless of their ethnicity. Through its various programs and services, the organization works to equip individuals with the necessary tools and resources to achieve their economic and educational goals, ultimately leading to personal growth and empowerment.

    Impact

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




    Thursday, August 15, 2024

    Of Color Inc's impact can be seen in the lives of young adults in Chicago, IL, who are part of the Illinois Youth Investment Program. By providing targeted long-term employment and youth apprenticeship programs, Of Color Inc offers a holistic approach to the workforce environment, focusing on personal development, job training, work-based learning, supportive services, mentoring, and coaching. Through this program, young adults aged 18-24 are equipped with executive functioning and self-regulation skills, enabling them to improve their planning, memory, and multi-tasking capabilities. This initiative helps individuals of all colors enhance their economic and educational goals, making a significant impact on their lives and the community as a whole.





    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: $15
  • Program Service Revenue: $0
  • Gross Receipts: $1,205,065

    • Assets and Liabilities:
  • Total Assets: $298,296
  • Total Liabilities: $175,904
  • Net Assets: $122,392
  • Organization Details

    Founding Year

    2019

    Principal Officer

    Brenda Duncan

    Main Address

    2033 W 95th Street, Chicago, IL, 60643

    NTEE Category

    Code: P40 - Human services

    If you are a representative of Of Color 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.