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Asset Funders Network

Asset Funders Network

Chicago, IL 60612
Tax ID83-1215288

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About this organization

Revenue

$2,096,785

Expenses

$1,676,957

Website

assetfunders.org

Mission

The Asset Funders Network engages philanthropy to advance equitable wealth building and economic mobility.

About

Regions and regional projects seek to connect grantmakers and colleagues in nonprofit, public, and private sectors to facilitate collaboration and maximize their impact on individual, family, and community wealth.

Interesting data from their 2020 990 filing

According to the filing, the non-profit's mission is “The organization's purpose is to present research and best practices that support investments and efforts to increase the economic stability, financial capability, and prosperity of low and middle income individuals and households.”.

When referring to its actions, they were described as: “The organization has been organized to advance economic opportunity and prosperity for low and middle income people through philanthropy.”.

  • According to the law, the state of operation reported by the non-profit is IL.
  • As per the filing, the address of the non-profit for 2020 is 2045 W GRAND AVENUE SUITE B 50387, CHICAGO, IL, 60612.
  • According to their form, the non-profit as of 2020 has a total of 0 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $419,828.
  • The CEO's salary plan within the organization is not subject to review and endorsement by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 2018.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization pays $1,204,273 in salary, compensation, and benefits to its employees.
  • The organization pays $65,476 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.

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