Nonprofit · EIN 84-2556965
CORPORATE INTERNSHIP LEADERSHIP INSTITUTE
Tax-exempt · NEW ORLEANS, LA 70122
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $192,211 | $325,932 | -$133,721 | $34,818 | $115,229 | -$80,411 |
| December 31, 2023 | 990 | $400,773 | $330,439 | $70,334 | $45,042 | -$10,174 | $55,216 |
| December 31, 2022 | 990-EZ | $184,771 | $217,326 | -$32,555 | $16,174 | $105,177 | -$89,003 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $29,058
- Program service revenue
- $163,153
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $75,000
- Other salaries and wages
- $4,447
- Salaries, compensation and benefits (total)
- $106,931
- Professional fundraising fees
- $6,986
- Accounting fees
- $27,115
- Program services (functional)
- $252,082
- Management and general (functional)
- $66,864
- Fundraising (functional)
- $6,986
Balance sheet and other
- Total assets, start of year
- $45,042
- Total assets, end of year
- $34,818
- Total liabilities, end of year
- $115,229
- Net assets, end of year
- -$80,411
- Gross receipts
- $192,211
- Employees
- 7
- Volunteers
- 0
- Year formed
- 2019
- State of legal domicile
- LA
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 |
|---|---|---|---|
| Perry Sholes | President Trustee or director, Officer | 40 | $0 |
| Rachel Massey | Chair Trustee or director, Officer | 2 | $0 |
| Juaquana Lewis | Vice Chair Trustee or director, Officer | 1 | $0 |
| William DiPaola | Treasurer Trustee or director, Officer | 1 | $0 |
| Marques Colston | Board Member Trustee or director, Officer | 1 | $0 |
| Marguerite Oestreicher | Board Member Trustee or director | 1 | $0 |
| Tyler Litt | Board Member Trustee or director | 1 | $0 |
| Jaquille Ross | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Perry Sholes | President Officer | 2 | $0 |
| Rachel Massey | Chair Officer | 2 | $0 |
| Kelder Summers | Secretary Officer | 1 | $0 |
| William DiPaola | Treasurer Officer | 1 | $0 |
| Juaquana Lewis | Board Member Officer | 1 | $0 |
| Marques Colston | Board Member Officer | 1 | $0 |
| Tyler Litt | Board Member Officer | 1 | $0 |
| Marguerite Oestreicher | Board Member Officer | 1 | $0 |
| Jaquille Ross | Board Member Officer | 1 | $0 |
| Arlanda Williams | Board Member Officer | 1 | $0 |
990-EZ for the year ended December 31, 2022: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Perry Sholes | President | 2 | $0 |
| Rachel Massey | Chair | 2 | $0 |
| Kelder Summers | Secretary | 1 | $0 |
| William DiPaola | Treasurer | 1 | $0 |
| Marques Colston | Board Member | 1 | $0 |
| Juaquana Lewis | Board Member | 1 | $0 |
| Tyler Litt | Board Member | 1 | $0 |
| Marguerite Oestreicher | Board Member | 1 | $0 |
| Jaquille Ross | Board Member | 1 | $0 |
| Arlanda Williams | Board Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2405 VERBENA ST, NEW ORLEANS, LA 70122-4861
- In care of
- % PERRY SHOLES
- Mailing address (990-N for 2020)
- 3157 Gentilly Blvd Suite 2184, New Orleans LA 70122
- Principal officer (990 for 2024)
- PERRY SHOLES, 3157 GENTILLY BLVD, PMB 2184, NEW ORLEANS, LA 70122
- Principal officer (990-N for 2020)
- Perry Sholes, 2405 Verbena st, New Orleans LA 70122
- Signed the 990
- Perry Sholes, President
- Phone
- (504) 234-3483
- Website
- www.internshiptalent.org
Mission
CILI mission is to provide Talent Career Training & Leadership Development to college students in the New Orleans area & Louisiana Region. Our primary student training goals focus on 3-Primary Tiers of development: FELLOWSHIP PROGRAM CAREER BRIDGE LEADERSHIP RETREAT & HIRE LEARNING PROGRAM which engages in talent development initiatives targeting leading companies that result in changing and enriching lives of college graduates of color encouraging students to stay and remain in the N.O. Region. The Leadership program delivers skill building and competency development thru paid internships that provide quality training and experiences rooted in the future success of college students in N.O. and across the Region of Louisiana. Each year CILI welcomes a cohort of nearly 40 fellows for a year of personal and professional development. Our goal is to ease the transition from academic to adult life by arming students with the skills and experience needed to succeed in the workplace.
Program accomplishments
- FELLOWSHIP IMMERSION PROGRAM - The CILI Fellowship: The flagship multi-year program is highly competitive with a historical acceptance rate of approximately 43% to 45%. It offers a high-touch experience including 40+ hours of leadership immersion professional skill development such as financial literacy and Microsoft 365 training and 1-on-1 coaching. Immersion Fellowship engages in talent development initiatives targeting leading companies that result in changing and enriching lives of college graduates of color encouraging students to stay and remain in the N.O. Region. The Leadership program delivers skill building and competency development thru paid internships that provide quality training and experiences rooted in the future success of college students in N.O. and across the Region of Louisiana. Over its first five years CILI has demonstrated consistent growth and a commitment to diversity and excellence: Cohort Reach: CILI has processed 430 applicants and accepted 205 Fellows across five cohorts. Academic Excellence: Fellows maintained a strong average GPA of 3.20 over the five-year period. Diversity and Inclusion: The program has a strong focus on underserved populations with 68% female participants and 29% from HBCUs. In the most recent cohorts 43% of Fellows were first-generation college students and 29% were Pell Grant recipients. Alumni Network: The organization now boasts 105 official alumni who matriculate into the CILI4Life network where they are encouraged to pay it forward by mentoring future cohorts. Economic Contribution: Since 2021 210 Fellows have completed internships logging 31,500 professional hours and earning a total of $472,500 in wages within Louisiana companies. Regional Focus: Through the Mayors Summer Youth Program in Metro New Orleans 93 Fellows earned $209,250 while gaining 13,950 hours of career development. Each year CILI welcomes a new cohort of nearly 40 fellows for a year of personal and professional development. Our goal is to ease the transition from academic to adult life by arming students with the skills and experience needed to succeed in the workplace.Expenses $60,223 · grants $64,769 · revenue $64,769
- FELLOWSHIP RETREAT - CILIs business retreat program aims to empower college students in the state providing them with career coaching and internship access throughout their academic journey. Immersion Leadership Retreat offers students a whirlwind of invaluable information and resources curated by our team. During this two-day event covering topics like Interview skills Resume building Workplace etiquette LinkedIn Networking Time management and more our students are ensured to be well-prepared for the dynamic local job landscape. The resume prep session includes headshot sessions insights into employer expectations and one-on-one discussions with seasoned professionals all aimed at equipping students with the tools they need to shine in job applications. With focus on Institute partners with businesses schools and students to offer internships in the New Orleans metro area Gulf Coast and Louisiana. Hosting 100+ students the retreat focuses on self-assessment principles with predictive index testing and in-depth discussions on individual results. This not only helped students identify their strengths and weaknesses but also provided insights into how they fit into a team-a crucial aspect of success in any work environment. Through these collaborations of coaching and mentoring college students gain valuable experience and guidance to help them succeed in their future careers.Expenses $50,218 · grants $54,770 · revenue $59,398
- CAREER BRIDGE - Specifically for seniors and graduate students within 18 months of graduation this tier focuses on intensive networking and transition support to ensure career placement and retention. Utilizing Strategic Placements and Partnerships CILI successfully place students in diverse industries including healthcare public utilities Entergy non-profits and small businesses. A significant area of achievement is the banking and finance sector where CILI has established successful partnerships with institutions like Home Bank Fidelity Bank and Crescent Bank. Combined with CILIs multi-tiered approach to talent development CILIs HIRE LEARNING Program students embark on a journey of personal and professional development with our exclusive series of workshops titled Hire Learning$. Designed to empower students with essential career readiness and soft skills such as resume writing interviewing and workplace etiquette networking financial management Microsoft Office and more-to the broader college student population.! HIRE Learning is tailored for all college students regardless of major or background where sessions run throughout the year. The Career Bridge & Hire Learning Programs are dedicated to getting students either a paid internship or hired in their field of study! These programs include Monthly chats with a personal Coach and access to helpful online tools and resources to boost their skills.Expenses $30,056 · grants $19,336 · revenue $19,336
- Other Program misc services - activities include CILIs Hire Learning program Grant writing expenses Social media marketing program software apps payroll processing fees and various other misc expenses to carryout CILIs 2024 Fellowship programs.Expenses $111,585 · grants $19,650 · revenue $19,650
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
- 84-2556965
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $34,818
- Income (IRS master file)
- $192,211
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $192,211 | $325,932 | $34,818 | XML |
| 990 | December 2023 | $400,773 | $330,439 | $45,042 | XML |
| 990-EZ | December 2022 | $184,771 | $217,326 | $16,174 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Perry Sholes | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Perry Sholes | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 84-2556965).
Questions about CORPORATE INTERNSHIP LEADERSHIP INSTITUTE
- What is the EIN of CORPORATE INTERNSHIP LEADERSHIP INSTITUTE?
- The employer identification number (EIN) of CORPORATE INTERNSHIP LEADERSHIP INSTITUTE is 84-2556965.
- Is CORPORATE INTERNSHIP LEADERSHIP INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to CORPORATE INTERNSHIP LEADERSHIP INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORPORATE INTERNSHIP LEADERSHIP 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 CORPORATE INTERNSHIP LEADERSHIP 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 CORPORATE INTERNSHIP LEADERSHIP 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 CORPORATE INTERNSHIP LEADERSHIP INSTITUTE?
- The 990 for the year ended December 31, 2024 names PERRY SHOLES.
- Who are the officers and directors of CORPORATE INTERNSHIP LEADERSHIP INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does CORPORATE INTERNSHIP LEADERSHIP INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $192,211, expenses of $325,932 and total assets of $34,818 at year end.
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