Merrimack Valley Day Care Service

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 026019236 ✦ Concord, NH ✦ Designated as a 501(c)(3)

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Overview

What is Merrimack Valley Day Care Service?

Merrimack Valley Day Care Service is a nonprofit organization, situated within the local community, dedicated to offering high-quality daycare services. Their mission encompasses catering to children of various ages, ensuring a safe and nurturing environment for their development. This community-focused daycare facility provides essential child care services, contributing significantly to the well-being of families in the area.


Official website here: www.merrimackvalleydaycare.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star rating)

Merrimack Valley Day Care Service has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial practices. The organization scores particularly well in various metrics, including a perfect score for having an independent board and proper financial oversight. Their program expense ratio of 87.70% indicates that a significant portion of their funds is directed towards their programs, highlighting their commitment to service.

Despite these strengths, there are areas for improvement. The organization lacks a whistleblower policy, which could be a concern for transparency and ethical accountability. Additionally, they did not provide meeting minutes, which might limit stakeholder insight into board discussions and decisions.

Overall, the organization demonstrates a solid commitment to financial health and governance, but addressing the noted limitations could enhance their credibility and operational transparency further.


This AI summary has been generated from information found on Charity Navigator.

Is Merrimack Valley Day Care Service legitimate?

Merrimack Valley Day Care Service is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merrimack Valley Day Care Service submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $85,003
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,220,566

For more financial information, click here


Official website here: www.merrimackvalleydaycare.com

What is the mission statement of Merrimack Valley Day Care Service?

Merrimack Valley Day Care Service's primary mission is centered around offering daycare services. This organization provides child care for a range of ages within the local community, serving as a crucial support system for families. The focus is on ensuring the well-being and development of the children under their care. While the information provided does not detail specific initiatives or goals beyond the provision of daycare services, it is clear that Merrimack Valley Day Care Service plays a significant role in the community by offering a vital service for working families.


Official website here: www.merrimackvalleydaycare.com

Who is the CEO of Merrimack Valley Day Care Service?

Marianne Barter is the Executive Director of Merrimack Valley Day Care Service.


Official website here: www.merrimackvalleydaycare.com

What is the revenue of Merrimack Valley Day Care Service?

Merrimack Valley Day Care Service's revenue in 2022 was $1,902,479.


Official website here: www.merrimackvalleydaycare.com

Who are the executives of Merrimack Valley Day Care Service and what are their salaries?

The average compensation at Merrimack Valley Day Care Service during 2022 was $20,400. There are 64 employees and 8 volunteers at Merrimack Valley Day Care Service.


Here are 9 key members and their salaries:


Marianne Barter (Executive Director)
  • Compensation: $65,991
  • Related: $0
  • Other: $990
Mary Jane Wallner (Director, Non-Voting)
  • Compensation: $19,012
  • Related: $0
  • Other: $285
Christy Dolat Bartlett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Goldstein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Burton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Telus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Raycraft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Fahey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon St Onge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.merrimackvalleydaycare.com

Where can I find the form 990 for Merrimack Valley Day Care Service?

Merrimack Valley Day Care Service's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.merrimackvalleydaycare.com

Learn more at the official website: www.merrimackvalleydaycare.com

Mission Statement of Merrimack Valley Day Care Service

Merrimack Valley Day Care Service is committed to offering daycare services in the local community. Their mission is centered around providing child care for various age groups. By offering these services, Merrimack Valley Day Care Service aims to contribute to the well-being and development of the children within its community, offering them a safe and nurturing environment during their early years.

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Impact




July, 2024

Merrimack Valley Day Care Service is making a significant impact in the local community by providing essential daycare services for children of various ages in Concord, NH. By offering a safe and nurturing environment for children, the organization supports working parents and helps children develop important social and educational skills. Through their commitment to human services, Merrimack Valley Day Care Service plays a vital role in the well-being and development of families in the area.




This information is meant to be a general summary of Merrimack Valley Day Care Service. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,902,479 (2022)
Expenses
$2,101,565 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $337
  • Program Service Revenue: $1,741,588
  • Gross Receipts: $1,902,479

Assets and Liabilities:

  • Total Assets: $1,030,367
  • Total Liabilities: $280,259
  • Net Assets: $750,108

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Day Care Services

Revenue

$1,724,188

Administartive Fees

Revenue

$17,400

Organization Details

Founding Year

1980

Principal Officer

Marianne Barter

Main Address

19 Fruit Street, Concord, NH, 03301

NTEE Category

Code: P33 - Human services

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