Public Charity

USHER III INITIATIVE INC

USHER III INITIATIVE INC is a nonprofit organization categorized as Public Charity based in CHICAGO, IL. Its most recent IRS filing (2024) reports revenue of $1.4M, expenses of $873K, total assets of $2.8M. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $1.5M.

EIN: 272523450 CHICAGO, IL Latest filing: 2024
Total Revenue$1.4M
Total Expenses$873K
Total Assets$2.8M
Grant Records15
Funding Total$1.5M
Filing Years2019–2024

Mission

TO ACHIEVE ITS GOAL OF DEVELOPING A TREATMENT TO SLOW OR REVERSE THE VISION LOSS ASSOCIATED WITH USHER III, THE INITIATIVE HAS PURSUED AN APPROACH THAT FOCUSES ON SMALL MOLECULE CHAPERONE THERAPY.

Sample Grants Received

2024
For grant recipient's exempt purposes
$53,000
2024
GRANTS FROM DONOR ADVISED FUNDS- OPERATING SUPPORT
$50,000
$12,886
2023
FOR RECIPIENT'S EXEMPT PURPOSE
$75,000
2023
For grant recipient's exempt purposes
$53,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

PRESIDENT Cynthia Elden
DIRECTOR Dr David Saperstein
DIRECTOR Dr Julia Hayes
DIRECTOR Dr Paul Sternberg Jr
DIRECTOR James C Murray
DIRECTOR Mark Ackermann

Officer compensation and complete director data available with membership.

Top Grant Purposes

Grants from Donor Advised Funds - Operating Support
$875,000 2 grants
For grant recipient's exempt purposes
$456,400 7 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$95,000 3 grants
GRANTS FROM DONOR ADVISED FUNDS- OPERATING SUPPORT
$75,000 2 grants
GENERAL SUPPORT
$12,886 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $873K $2.8M
2023 $874K $733K $2.1M
2022 $1.8M $924K $2.1M
2020 $999K $967K $652K
2019 $788K $839K $653K

Between 2019 and 2024, reported annual revenue grew from $788K to $1.4M (+80%), with total assets most recently reported at $2.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for USHER III INITIATIVE INC

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