OVER INNOVATION OF INERTIA

CHICAGO, IL | Cook County
Revitalization/Stabilization
OVER INNOVATION OF INERTIA
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

OVER INNOVATION OF INERTIA
46-3303145
1552 W ARTHUR AVE
CHICAGO, IL 60626
Cook County
(843) 888-6488

Universal@overinertia.org
Mission Statement info

OVER INERTIA IS A RESEARCH FIRM THAT FACILITATES CURRICULUM TO CREATE EMPLOYMENT FOR LOW TO MEDIUM INCOME (LMI) COMMUNITIES BY IMPROVING HEALTH, ECONOMIC INCLUSION, LAW AND POLICY.

CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S20

S - Community Improvement, Capacity Building

Community & Neighborhood Development

Organizations that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of an urban community or neighborhood. Use this code for community and neighborhood improvement organizations other than those specified below.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • Economically Disadvantaged
  • Entrepreneurs
  • Families
  • First-Time Homebuyers
  • People Needing Credit Counseling
  • Job Seekers
  • Men
  • Military
  • Minority Individuals
  • Native Americans
  • Small Businesses
  • Tribal Organizations
  • Underbanked or Unbanked
  • Veterans
  • Unemployed
  • Women
CRA Income Characteristics info
    This nonprofit has claimed its profile but has not yet provided this information.

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Programs & Services info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$0
Revenue
$0
Assets
$0

IRS Business Master File Details info

As of August 2024
Exempt Ruling Date info
2019-02
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of August 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
No IRS 990 returns are available for this nonprofit.

Nonprofit Location

Physical Address info
1552 W ARTHUR AVE
CHICAGO, IL 60626
Cook County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
16984
MSA/MD info
17
State info
031
County info
8306.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
16980 - Chicago-Naperville-Elgin, IL-IN
Combined Statistical Area info
176 - Chicago-Naperville, IL-IN-WI
Metropolitan Division info
16984 - Chicago-Naperville-Schaumburg, IL
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 67.05%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.

Market Data

Census Tract County
8306.00 Cook County
Population
Total Population 4,935 5,225,367
Total Households 2,072 2,066,248
Income
Median Income* $60,250 $78,304
Median Family Income (2024 FFIEC est.) $109,800 $109,800
Tract Income Percentage 65.04% N/A
Below Poverty Level 18.3% 13.4%
Unemployment Level 7.3% 7.1%
Housing
Total Housing Units 2,230 2,261,319
Total Owner-Occupied Units 21.1% 57.5%
Total Renter-Occupied Units 71.8% 42.5%
Total Vacant Units 7.1% 6.6%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body info
Not reported
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Universal Prayther
Founder and CEO
universal@overinertia.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is not available as the nonprofit did not e-file their tax return. As such, the hyphens (“-“) in this section indicate that the information was not available.

PDFs of this nonprofit's tax filings are included in the IRS Summary section above, when available from the IRS.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.