Form 990 for tax year 2024
Filed by Action Center on Race and the Economy.
Totals
- Total revenue
- $386,615
- Total expenses
- $124,935
- Contributions and grants received
- $365,120
- Grants paid
- $0
- Program service revenue
- $20,240
- Investment income
- $0
- Other revenue
- $1,255
- Total assets, end of year
- $564,176
- Total liabilities, end of year
- $28,021
- Net assets or fund balances, end of year
- $536,155
- Program services expenses (Part IX)
- $33,862
- Management and general expenses
- $16,573
- Fundraising expenses
- $74,500
- Program service expenses (Part III)
- $33,862
Program services were 27.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$365,120
-
2a · Program service revenue: Consulting Fee
total $20,240 · related or exempt $20,240
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Income
total $1,255 · related or exempt $1,255
-
11e · Other revenue, total
$1,255
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,065 · program services $2,065
-
11c · Fees: accounting
total $5,130 · management and general $5,130
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $105,353 · program services $30,853 · fundraising $74,500
-
12 · Advertising and promotion
total $300 · program services $300
-
13 · Office expenses
total $2,024 · management and general $2,024
-
14 · Information technology
total $10,012 · program services $593 · management and general $9,419
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $51 · program services $51
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $307,302 · end of year $543,936
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $20,240
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $2,375 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $8,325 · end of year $4,020
-
25 · Other liabilities
beginning of year $26,877 · end of year $24,001
-
27 · Net assets without donor restrictions
beginning of year $274,475 · end of year $536,155
Mission and programs · 2024
Mission
The purpose for which the corporation is organized is to promote social welfare within the meaning of section 501(c)(4) of the Internal Revenue Code, including but not limited to, public education, research and advocacy to reduce racial and economic inequality and to promote economic and racial justice.
Activities or mission (Part I)
The purpose for which the corporation is organized is to promote social welfare withing the meaning of section 501(c)(4) of the Internal Revenue Code, including but not limited to, public education, research and advocacy to reduce racial and economic inequality and to promote economic and racial justice.
-
ACRE provided research for publication and to benefit other programs with similar missions in the areas of racial justice, corporate accountability, public services, environment, healthcare, housing, and worker rights.
Expenses $33,862 · Revenue $20,240
As filed on the 2024 return.
Listed in Part VII
-
Jonathan Westin
Board President
- Total calculated
- $0
- Hours/week
- 10
-
Stacy Davis Gates
Director
- Total calculated
- $0
- Hours/week
- 10
-
Brandi Collins-Dexter
Director
- Total calculated
- $0
- Hours/week
- 10
-
Erin Heaney
Director
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Action Center on Race & The Economy Inst
501(c)(3) · Promote racial & economic Justice · IL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523189349300132
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