NonprofitsCollective Initiatives Inc

Collective Initiatives Inc

CHICAGO, IL

Total revenue

$29K

Total expenses

$14K

Net assets

$16K

Grants received

$170K

7 grants

EIN

843901461

Tax year

2024

Mission

Collective Initiatives Inc focuses on economic development and social inclusion. Our efforts are designed to foster equality and equity for underrepresented groups and under-resourced entities and communities.

Financials

FY 2024

Revenue

Contributions & grants$28K
Program service revenue$220
Investment income
Other revenue$1K
Total revenue$29K

Expenses

Grants paid
Salaries & benefits$217
Fundraising
Other expenses$6K
Total expenses$14K
Total assets$17K
Net assets$16K

People

7 listed

NameRoleCompensation

Serena K Lal

President

Board

2 hrs/wk

Rick Nichols

Former Treasurer

Board

1 hrs/wk

Grace Moody

Member

Board

1 hrs/wk

Jarvis Freeman

Member

Board

1 hrs/wk

Dianne Thomas

Member

Board

1 hrs/wk

Christine Evans

Secretary

Board

2 hrs/wk

Lenise Lee

CEO

Board

2 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$10K
GENERAL OPERATIONS
2024
$10K
TO FURTHER CHARITY'S PURPOSE
2023
$10K
GENERAL OPERATIONS
2023
$20K
Program Support
2022
$10K
TO FURTHER CHARITY'S PURPOSE
2022
$10K
TO FURTHER CHARITY'S PURPOSE
2021

Funded by

$170K from 4 funders · 7 grants · 2021–2024

The Evans Family Foundation

$30K · 3 grants · 2021–2023

Greater Auburn Gresham

$20K · 2 grants · 2023–2024

The Friends Forever Foundation NFP

$20K · 1 grant · 2022

Details

EIN843901461
Subsection03
Ruling date2021-08
COLLECTIVE INITIATIVES INC — Mission, Financials & Grants Received | Grantivo