2025-09-03T15:25:25-05:00 2024-12-31 463579543 OPCPAS 71 S WACKER DRIVE SUITE 2125 CHICAGO IL 60606 990EZ 2024-01-01 364389954 INSTITUTE FOR WORK AND THE ECONOMY INST 3123328508 PO BOX 4061 OAK PARK IL 60303 PETER CRETICOS PRESIDENT 3122829475 2025-09-03 1 0 HOWARD BAYER P00706553 3124400960 2024 2025-03-06 01:10:19Z X X WWW.WORKANDECONOMY.ORG X X 151513 X 14246 91334 2363 2510 -147 43570 149003 46350 7735 3227 1070 57431 115813 33190 -38070 0 -4880 X 8085 15602 46900 32101 54985 47703 93055 52583 -38070 -4880 X THE INSTITUTE FOR WORK & THE ECONOMY IS AN INDEPENDENT, NON-PARTISAN, PUBLIC POLICY COLLABORATIVE UNDER THE DIRECTION OF A DIVERSE BOARD. THE MISSION IS TO SERVE AS A CONDUIT FOR INNOVATIVE WORKFORCE STRATEGIES AND POLICIES THAT FOSTER ECONOMIC SECURITY, EQUITY, AND OPPORTUNITY FOR ALL WORKERS.IN 2024: SUPPORTED THE DEVELOPMENT & IMPLEMENTATION OF THE SOYBEAN INNOVATION CENTER UNDER THE ILLINOIS SOYBEAN ASSOCIATION. A MEMBER OF THE COMMITTEE ON DIVERSITY, EQUITY, & INCLUSION OF THE ILLINOIS WORKFORCE INNOVATIONS BOARD. A MEMBER OF THE REGIONAL ECONOMY COMMITTEE OF THE CHICAGO METROPOLITAN AGENCY FOR PLANNING. AN AFFILIATE MEMBER OF THE ILLINOIS INNOVATION NETWORK OF THE ILLINOIS UNIVERSITIES, EVALUATOR OF ABE-LINC, A FEDERALLY FUNDED PROGRAM PROVIDING TRAINING SUPPORT TO LOW-WEALTH COMMUNITIES RECEIVING BROADBAND SERVICES, INITIATED A PROJECT ON THE RESPONSIBLE USES & DEVELOPMENT OF AI IN WORK. ADVISED THE EECOLE INITIATIVE OF THE ORGANIZATION FOR ECONOMIC COOPERATION& DEVELOPMENT, & SEE ATTACHMENT ORGANIZATIONS PRIMARY EXEMPT PURPOSE 0 0 0 X BYRON ZUIDEMA DIRECTOR 0.00 0 0 0 CHIPO NYAMBUYA DIRECTOR 0.00 0 0 0 DEE DAVIS DIRECTOR 0.00 0 0 0 ELIZABETH DIANA WHITE DIRECTOR 0.00 0 0 0 MARY V L WRIGHT DIRECTOR 0.00 0 0 0 ROBERT KNIGHT DIRECTOR 0.00 0 0 0 STEPHANIE FARFAN DIRECTOR 0.00 0 0 0 SWATI GHOSH DIRECTOR 0.00 0 0 0 WILLIAM LAZONICK DIRECTOR 0.00 0 0 0 MICHAEL ANDREWS DIRECTOR 0.00 0 0 0 MELODY LEWIS DIRECTOR 0.00 0 0 0 KELSEY DAVIS DIRECTOR 0.00 0 0 0 X 0 0 0 0 0 0 1 29164 0 0 0 0 0 0 0 IL PETER A CRETICOS 141 S HUMPHREY AVENUE OAK PARK IL 60302 3123328508 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 113254 20055 49932 104340 14246 301827 90938 90938 113254 20055 49932 104340 105184 392765 0 0 0 392765 35440 17690 43819 96949 148694 37745 49932 104340 149003 489714 0.80200 0.88270 0.00000 X PETER CRETICOS PRESIDENT ADVANCES MADE TO CREDIT CARD COMPANIES BY OFFICER X 29164 0 1 0 29164 FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: WRITE OFF OF ACCRUED EXPENSE ON CANCELLED CONTRACTS. AMOUNT: 43,570. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BOARD MEETING TRAVEL, LODGING, & MEALS. AMOUNT: 12,498. DESCRIPTION: BOOKKEEPING AND BILL APPROVAL. AMOUNT: 2,409. DESCRIPTION: BOOKS. AMOUNT: 3,636. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 1,544. DESCRIPTION: CONFERANCES AND SEMINARS. AMOUNT: 678. DESCRIPTION: DUES. AMOUNT: 560. DESCRIPTION: INSURANCE. AMOUNT: 6,709. DESCRIPTION: INTEREST. AMOUNT: 2,219. DESCRIPTION: LOCAL TRANSPORTATION. AMOUNT: 1,025. DESCRIPTION: MEALS. AMOUNT: 1,484. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 3,513. DESCRIPTION: PAYROLL PROCESSING FEES. AMOUNT: 1,556. DESCRIPTION: PAYROLL TAXES. AMOUNT: 6,383. DESCRIPTION: ROUNDING. AMOUNT: 1. DESCRIPTION: TELECOMMUNICATIONS. AMOUNT: 444. DESCRIPTION: TELEPHONE. AMOUNT: 501. DESCRIPTION: TRAVEL. AMOUNT: 11,078. DESCRIPTION: WEB SITE. AMOUNT: 1,193. TOTAL TO FORM 990-EZ, LINE 16: 57,431. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 41,475. END OF YEAR AMOUNT: 27,607. DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 5,425. END OF YEAR AMOUNT: 4,057. DESCRIPTION: PREPAID RENT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 437. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 60,414. END OF YEAR AMOUNT: 19,518. DESCRIPTION: DUE TO OFFICER. BEG. OF YEAR AMOUNT: 29,164. END OF YEAR AMOUNT: 29,164. DESCRIPTION: NOTE PAYABLE - INSURANCE. BEG. OF YEAR AMOUNT: 3,477. END OF YEAR AMOUNT: 3,901. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.