The Oikos Institute For Social Impact

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

EIN: 851383994 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is The Oikos Institute For Social Impact?

The Oikos Institute for Social Impact is a nonprofit organization that focuses on bridging the gap between anchor institutions and communities, primarily within faith communities and those identified as BIPOC. Its mission is to empower these institutions to utilize their assets for community transformation and economic revitalization. By connecting them with place-based investors, the institute raises awareness about social impact resources. Additionally, The Oikos Institute develops Community Development Financial Institutions (CDFIs) to provide financial assistance to underresourced BIPOC anchor institutions.


Official website here: www.oikosinstitute.org

Is The Oikos Institute For Social Impact legitimate?

The Oikos Institute For Social Impact is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Oikos Institute For Social Impact 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: $14,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,167

For more financial information, click here


Official website here: www.oikosinstitute.org

What is the mission statement of The Oikos Institute For Social Impact?

The Oikos Institute for Social Impact's mission is centered around assisting faith communities and other BIPOC anchor institutions in leveraging their assets. This mission aims to empower these institutions to serve as catalysts for communal transformation and economic renewal. The institute fosters connections between faith-inspired leaders and place-based investors, raising awareness about social impact resources. Additionally, it develops Community Development Financial Institutions (CDFIs) to provide financial support for underresourced BIPOC anchor institutions.


Official website here: www.oikosinstitute.org

Who is the CEO of The Oikos Institute For Social Impact?

Reginald Blount is the Executive Director of The Oikos Institute For Social Impact.


Official website here: www.oikosinstitute.org

What is the revenue of The Oikos Institute For Social Impact?

The Oikos Institute For Social Impact's revenue in 2022 was $635,173.


Official website here: www.oikosinstitute.org

Who are the executives of The Oikos Institute For Social Impact and what are their salaries?

The average compensation at The Oikos Institute For Social Impact during 2022 was $26,625. There are 6 employees at The Oikos Institute For Social Impact.

Here are 11 key members and their salaries:

    Regena Thornton (Operations Manager)
  • Compensation: $83,333
  • Related: $0
  • Other: $0

    • Reginald Blount (Executive Director)
  • Compensation: $14,583
  • Related: $0
  • Other: $0

    • Sidney Williams (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Robinson (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Wright (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Babcock (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanette Stokes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christal Jackson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Towns (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Ferguson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Moy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oikosinstitute.org

    Where can I find the form 990 for The Oikos Institute For Social Impact?

    The The Oikos Institute For Social Impact’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.oikosinstitute.org

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

    Mission Statement of The Oikos Institute For Social Impact

    The Oikos Institute for Social Impact is dedicated to aiding faith communities and other BIPOC anchor institutions in leveraging their assets for the purpose of fostering communal transformation and economic revitalization. By connecting these institutions with place-based investors, the institute aims to raise awareness about social impact resources. Furthermore, The Oikos Institute develops Community Development Financial Institutions (CDFIs) to provide financial resources for underresourced BIPOC anchor institutions, thereby empowering them to contribute substantially to their communities.

    Impact

    This information is meant to be a general summary of The Oikos Institute For Social Impact. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Oikos Institute For Social Impact helps faith communities and other BIPOC anchor institutions in Chicago harness their assets to spur communal transformation and economic renewal. They connect faith-inspired leaders with place-based investors to create awareness around social impact resources and develop CDFI to offer financial resources for under-resourced BIPOC anchor institutions.





    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: $85
  • Program Service Revenue: $312,500
  • Gross Receipts: $635,173

    • Assets and Liabilities:
  • Total Assets: $457,342
  • Total Liabilities: $30,000
  • Net Assets: $427,342
  • Programs

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

    CDFI GRANTS

    Revenue

    $100,000

    COHORT PROGRAM SUPPORT

    Revenue

    $137,500

    NATIONAL ANNUAL CONFERENCE

    Revenue

    $75,000

    Organization Details

    Founding Year

    2020

    Principal Officer

    Reginald Blount

    Main Address

    11218 S BISHOP ST, CHICAGO, IL, 60643

    NTEE Category

    Code: A23 - Arts

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