Nonprofit · EIN 82-1199695
ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE
Tax-exempt · CHICAGO, IL 60612
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,972,663 | $4,240,631 | $3,732,032 | $7,636,955 | $253,204 | $7,383,751 |
| December 31, 2023 | 990 | $5,942,734 | $5,663,487 | $279,247 | $3,897,736 | $246,017 | $3,651,719 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,870,338
- Program service revenue
- $101,955
- Investment income
- $0
- Other revenue
- $370
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $373,056
- Other salaries and wages
- $1,269,042
- Salaries, compensation and benefits (total)
- $2,341,603
- Professional fundraising fees
- $0
- Legal fees
- $30,192
- Accounting fees
- $144,478
- Occupancy
- $59,472
- Travel
- $108,918
- Program services (functional)
- $3,079,260
- Management and general (functional)
- $832,490
- Fundraising (functional)
- $328,881
Balance sheet and other
- Total assets, start of year
- $3,897,736
- Total assets, end of year
- $7,636,955
- Total liabilities, end of year
- $253,204
- Net assets, end of year
- $7,383,751
- Net assets without donor restrictions
- $1,128,583
- Net assets with donor restrictions
- $6,255,168
- Gross receipts
- $7,972,663
- Employees
- 33
- Year formed
- 2017
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Bahar Tolou | Campaign Dir | 35 | $149,008 | $66,688 |
| Carrie Sloan | Dir Spec Proj | 35 | $150,208 | $56,445 |
| Saqib Bhatti | Exec Dir Officer | 35 | $140,458 | $51,387 |
| Bree Carlson | Co Exec Dir Officer | 35 | $152,258 | $28,953 |
| Ramah Kudaimi | Campaign Dir | 35 | $120,804 | $16,633 |
| Veronica Avila | Dep Campain Dir | 35 | $120,025 | $16,355 |
| Bianca Cunningham | Campaign Dir | 35 | $118,875 | $8,912 |
| Christina Livingston | President Trustee or director, Officer | 10 | $0 | $0 |
| Beth Herz | Treasurer/Secre Trustee or director, Officer | 10 | $0 | $0 |
| Jonathan Stith | Director Trustee or director | 10 | $0 | $0 |
| Lauren Jacobs | Director Trustee or director | 10 | $0 | $0 |
| Lisa Donner | Director Trustee or director | 10 | $0 | $0 |
| Renaye Manley | Director Trustee or director | 10 | $0 | $0 |
| Xiomara Caro Diaz | Director Trustee or director | 10 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Allyson Andrews | Dep Dir Operations | 35 | $110,934 | $94,843 |
| Carrie Sloan | Dir Special Proj. | 35 | $139,375 | $41,258 |
| Saqib Bhatti | Executive Dir. Officer | 33 | $128,958 | $39,555 |
| Bahar Tolou | Campaign Director | 35 | $122,875 | $44,259 |
| Bree Carlson | Co-Exec. Dir Officer | 33 | $139,692 | $27,172 |
| Ramah Kudaimi | Campaign Dir | 35 | $106,242 | $5,539 |
| Veronica Avila | Dep Campaign Dir | 35 | $105,875 | $5,518 |
| Christina Livingston | President Trustee or director, Officer | 10 | $0 | $0 |
| Beth Herz | Treasurer/Secre Trustee or director, Officer | 10 | $0 | $0 |
| Jonathan Stith | Director Trustee or director | 10 | $0 | $0 |
| Lauren Jacobs | Director Trustee or director | 10 | $0 | $0 |
| Lisa Donner | Director Trustee or director | 10 | $0 | $0 |
| Renaye Manley | Director Trustee or director | 10 | $0 | $0 |
| Xiomara Caro Diaz | Director Trustee or director | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1901 W CARROLL AVE, CHICAGO, IL 60612-2401
- Principal officer (990 for 2024)
- Saqib Bhatti, 1901 W Carroll Avenue, Chicago, IL 60612
- Signed the 990
- Saqib Bhatti, Executive Director
- Phone
- (312) 329-6299
- Website
- https://acreinstitute.org/
- Return prepared by
- WatsonRice LLP
Mission
See Schedule O.
Program accomplishments
- Programs include ways to reduce racial and economic inequality and promote economic and racial justice through public education, research and advocacy, training community organizations about economic and racial justice issues and advocacy strategies; supporting organizations in community advocacy efforts.Expenses $3,079,260 · revenue $101,955
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1199695
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R22)
- Assets (IRS master file)
- $7,636,955
- Income (IRS master file)
- $7,972,663
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,972,663 | $4,240,631 | $7,636,955 | XML |
| 990 | December 2023 | $5,942,734 | $5,663,487 | $3,897,736 | XML |
| 990 | December 2022 | $4,677,744 | $6,345,073 | $3,531,218 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-1199695).
Questions about ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE
- What is the EIN of ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE?
- The employer identification number (EIN) of ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE is 82-1199695.
- Is ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE?
- The 990 for the year ended December 31, 2024 names Saqib Bhatti.
- Who are the officers and directors of ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 14 people; 7 received compensation from the organization, the highest $149,008 (Bahar Tolou, Campaign Dir).
- How much revenue does ACTION CENTER ON RACE AND THE ECONOMY INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,972,663, expenses of $4,240,631 and total assets of $7,636,955 at year end.
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