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Salem Community Child Care Inc

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

EIN: 042743056 ✦ Salem, MA ✦ Designated as a 501(c)(3)

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Overview

What is Salem Community Child Care Inc?

Salem Community Child Care Inc is a nonprofit organization situated in Salem, Massachusetts. With a workforce of 55 individuals, their primary mission is to provide daycare services to children from the local community. The organization focuses on ensuring the well-being and development of these children, offering them a safe and nurturing environment during their formative years. Their activities are centered around catering to the daycare needs of families residing in the surrounding neighborhoods.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

Salem Community Child Care Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is primarily based on the organization's strong accountability and finance practices, which are essential indicators of a nonprofit's effective management and transparency. The high score in this category emphasizes the organization’s commitment to maintaining integrity in financial practices.

The nonprofit demonstrates exceptional governance with 100% of its board members being independent, ensuring unbiased decision-making. The organization also scores perfectly in areas such as financial audits and the absence of material asset diversions, which showcases a robust financial structure. Additionally, with a program expense ratio of over 90%, it indicates that a significant portion of its funds is directed toward fulfilling its mission.

While the organization has performed well in the key metrics evaluated, the rating primarily relies on the accountability and finance beacon. There may be limited information regarding other aspects of its operations, such as program effectiveness and impact measurement, which could provide a more comprehensive picture of its overall performance.


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

Is Salem Community Child Care Inc legitimate?

Salem Community Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Community Child Care Inc 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: $146,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,291,345

For more financial information, click here

What is the mission statement of Salem Community Child Care Inc?

Salem Community Child Care Inc's primary objective is to offer daycare services to children in the surrounding neighborhood. The organization's mission is centered around providing a nurturing environment for these children, aiming to support their overall development and well-being. By offering daycare services, Salem Community Child Care Inc seeks to alleviate the childcare needs of local families, enabling them to attend to their personal and professional responsibilities with peace of mind. The organization's activities are focused on the care and education of these children, ensuring they receive the best possible start in life.

Who is the CEO of Salem Community Child Care Inc?

Anel Guzman is the Executive Di of Salem Community Child Care Inc.

What is the revenue of Salem Community Child Care Inc?

Salem Community Child Care Inc's revenue in 2022 was $2,785,197.

Who are the executives of Salem Community Child Care Inc and what are their salaries?

The average compensation at Salem Community Child Care Inc during 2022 was $26,149. There are 55 employees at Salem Community Child Care Inc.


Here are 8 key members and their salaries:


Anel Guzman (Executive Di)
  • Compensation: $84,498
  • Related: $0
  • Other: $0
Celeste Hamilton (Director)
  • Compensation: $62,326
  • Related: $0
  • Other: $0
Patricia Cepeda (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguelina Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keere Greene (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Storella Morse (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Perdoza (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Pena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Salem Community Child Care Inc?

Salem Community Child Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Salem Community Child Care Inc

Salem Community Child Care Inc, as a nonprofit organization, is dedicated to serving the surrounding neighborhood by providing day care services for children. Their primary mission is centered around catering to the needs of young ones, offering a safe and nurturing environment for their development. By offering day care services, the organization aims to support families in the community, providing them with the peace of mind that their children are in capable hands during the day. The focus is on offering quality care, ensuring the overall well-being and growth of the children in their care.

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Impact




July, 2024

Salem Community Child Care Inc plays a vital role in the community by providing essential day care services to children from surrounding neighborhoods. By offering a safe and nurturing environment for children, the organization allows parents to work and fulfill their responsibilities while ensuring their children are well-cared for. This impact not only supports working families but also contributes to the overall well-being and development of the children served. The organization's dedication to providing quality child care services positively influences the lives of both children and their families in Salem, MA.




This information is meant to be a general summary of Salem Community Child Care Inc. 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
$2,785,197 (2022)
Expenses
$2,247,483 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,308
  • Program Service Revenue: $2,306,328
  • Gross Receipts: $2,785,197

Assets and Liabilities:

  • Total Assets: $1,033,363
  • Total Liabilities: $65,232
  • Net Assets: $968,131

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Programs

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

GOVERNMENT AGENCIES

Revenue

$2,213,955

PARENT FEES

Revenue

$92,373

Organization Details

Founding Year

1981

Principal Officer

Anel Guzman

Main Address

P O BOX 8, SALEM, MA, 01970

NTEE Category

Code: P33Z - Human services

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