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Equity And Transformation

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

EIN: 834701430 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Equity And Transformation?

Equity and Transformation, abbreviated as EAT, is a nonprofit organization based in Chicago, Illinois. Founded in 2018 by and for post-incarcerated individuals, its mission is to uplift the voices and power of Black Chicagoans engaged in the informal economy. EAT aims to dismantle anti-Black racism and build social and economic equity for informal workers, who often face significant barriers in their everyday lives, including being shut out of the workforce and forced into informality. The organization has witnessed how systemic inequalities can lead to extreme poverty and additional periods of incarceration. EAT's current project involves a guaranteed income program that benefits 100 system-impacted Chicagoans on the West and South Sides, monitoring their recidivism, income volatility, physical functioning, and psychological well-being. As of the provided information, EAT has a team of 11 dedicated individuals working towards their mission.


Official website here: www.eatchicago.org

Is Equity And Transformation legitimate?

Equity And Transformation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equity And Transformation 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: $121,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $400,067

For more financial information, click here


Official website here: www.eatchicago.org

What is the mission statement of Equity And Transformation?

Equity and Transformation, a non-profit organization founded by and for post-incarcerated individuals, has a mission to uplift the voices and power of Black Chicagoans involved in the informal economy. This community-led group was established in 2018 to address the systemic inequalities faced by these individuals, who often encounter barriers in their everyday lives. They are frequently shut out of the formal workforce, forced into informality, and criminalized for surviving. These challenges often lead to extreme poverty and additional periods of incarceration. Equity and Transformation is committed to building social and economic equity for informal workers and working towards dismantling anti-Black racism.


Official website here: www.eatchicago.org

Who is the CEO of Equity And Transformation?

Richard Wallace is the Executive Director of Equity And Transformation.


Official website here: www.eatchicago.org

What is the revenue of Equity And Transformation?

Equity And Transformation's revenue in 2023 was $3,535,119.


Official website here: www.eatchicago.org

Who are the executives of Equity And Transformation and what are their salaries?

The average compensation at Equity And Transformation during 2023 was $47,445. There are 11 employees at Equity And Transformation.

Here are 6 key members and their salaries:

    Richard Wallace (Executive Director)
  • Compensation: $119,333
  • Related: $0
  • Other: $0

    • Rev Doris Green (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samantha Wallace (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Rudd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Barbara Ransby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.eatchicago.org

    Where can I find the form 990 for Equity And Transformation?

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


    Official website here: www.eatchicago.org

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

    Mission Statement of Equity And Transformation

    Equity and Transformation, a non-profit organization founded by and for post-incarcerated individuals, is dedicated to uplifting the voices and empowering the power of Black Chicagoans engaged in the informal economy. Established in 2018, the organization's mission revolves around addressing systemic inequalities that affect these individuals, who often face significant barriers in their everyday lives. These systemic issues result in system-impacted individuals being shut out of the workforce, forced into informal economic activities, and criminalized for survival. Consequently, these individuals often experience extreme poverty and additional periods of incarceration.

    Equity and Transformation is committed to building social and economic equity for informal workers and dismantling anti-Black racism. The organization recognizes the diversified set of economic activities, enterprises, jobs, and workers that are not regulated or protected by the state, and it seeks to address the challenges these individuals face. By uplifting the voices and power of Black Chicagoans engaged in the informal economy, Equity and Transformation aims to create a more equitable society where these individuals can thrive without facing the barriers that have previously held them back.

    Impact

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




    Saturday, July 20, 2024

    Equity and Transformation's impact is significant in addressing the systemic inequalities faced by system-impacted individuals, particularly Black Chicagoans engaged in the informal economy. By providing a guaranteed income program benefiting 100 individuals on the West and South Sides of Chicago, they actively work to uplift the voices and power of this marginalized community. Through monitoring factors such as recidivism, income volatility, physical functioning, and psychological well-being, Equity and Transformation EAT is making strides in building social and economic equity for informal workers while also dismantling anti-Black racism. Their commitment to creating positive change and breaking down barriers for those affected by the criminal justice system is evident in the tangible support and resources they provide to improve the lives of those they serve.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $3,535,119

    • Assets and Liabilities:
  • Total Assets: $4,982,907
  • Total Liabilities: $7,574
  • Net Assets: $4,975,333
  • Organization Details

    Founding Year

    2018

    Principal Officer

    Richard Wallace

    Main Address

    10 W 35TH ST, CHICAGO, IL, 60616

    NTEE Category

    Code: P19 - Human services

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