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Acre Family Child Care Inc

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

EIN: 043036200 ✦ Lowell, MA ✦ Designated as a 501(c)(3)

Overview

What is Acre Family Child Care Inc?

Acre Family Child Care Inc., located in Lowell, Massachusetts, is a nonprofit organization dedicated to empowering local women by helping them establish licensed home-based child care businesses. Through their comprehensive support services, Acre provides family referrals, professional development, parent and contract billing, small business loans, and more. Their mission is to foster economic independence for women by enabling them to operate high-quality child care services within their homes, benefiting both the families and the caregivers alike. Acre Family Child Care Inc. currently employs 25 individuals, demonstrating their commitment to this vital community-focused initiative.


Official website here: www.acrefamily.org

Is Acre Family Child Care Inc legitimate?

Acre Family Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acre Family 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.

Here are some key statistics you may want to consider:

Executive Compensation: $252,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $825,587

For more financial information, click here


Official website here: www.acrefamily.org

What is the mission statement of Acre Family Child Care Inc?

Acre Family Child Care Inc's mission is centered around empowering women to achieve economic independence. They accomplish this by operating high-quality child care businesses within their homes. The organization's primary goal is to provide a pathway for women to become financially independent through this venture. Acre Family Child Care Inc. offers ongoing business support, including family referrals, professional development, parent and contract billing, and small business loans, to facilitate the successful establishment and operation of home-based family child care businesses.


Official website here: www.acrefamily.org

Who is the CEO of Acre Family Child Care Inc?

Bethany Watson is the Chair of Acre Family Child Care Inc.


Official website here: www.acrefamily.org

What is the revenue of Acre Family Child Care Inc?

Acre Family Child Care Inc's revenue in 2022 was $8,609,063.


Official website here: www.acrefamily.org

Who are the executives of Acre Family Child Care Inc and what are their salaries?

The average compensation at Acre Family Child Care Inc during 2022 was $43,121. There are 25 employees and 1 volunteers at Acre Family Child Care Inc.

Here are 18 key members and their salaries:

    Zelma J Lyons-Khadar (Co-Executive)
  • Compensation: $100,828
  • Related: $0
  • Other: $23,435

    • Lucas Skorczeski (Co-Executive)
  • Compensation: $88,274
  • Related: $0
  • Other: $28,432

    • Valessa Marques (Director)
  • Compensation: $82,137
  • Related: $0
  • Other: $0

    • Maria Pino (Director)
  • Compensation: $80,742
  • Related: $0
  • Other: $0

    • Isolda Cano (Director)
  • Compensation: $69,621
  • Related: $0
  • Other: $0

    • Darmery Montoya (Director)
  • Compensation: $43,689
  • Related: $0
  • Other: $0

    • Bethany Watson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Saati (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Leon (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Beland (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Mercado (Clerk/Direct) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Grondine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Daugherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larissa Gaias Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Minjeong Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Ortiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Rios (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vannak Theng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.acrefamily.org

    Where can I find the form 990 for Acre Family Child Care Inc?

    The Acre Family Child Care Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.acrefamily.org

    Learn more at the official website: www.acrefamily.org

    Mission Statement of Acre Family Child Care Inc

    Acre Family Child Care Inc, a nonprofit organization, is dedicated to creating a pathway for women to achieve economic independence. They accomplish this by operating high-quality childcare businesses within their homes. The mission of Acre Family Child Care Inc is to empower local women, providing them with the necessary support to establish and manage licensed home-based family childcare businesses. The organization offers ongoing business assistance, including family referrals, professional development, parent and contract billing, and small business loans to help these women succeed in their ventures.

    Impact

    This information is meant to be a general summary of Acre Family Child Care Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Acre Family Child Care Inc provides a crucial pathway for women to achieve economic independence by operating high-quality child care businesses in their homes. By offering ongoing business support, including family referrals, professional development, parent and contract billing, and small business loans, Acre Family Child Care empowers local women to build licensed home-based family child care businesses. This not only benefits the women directly involved but also positively impacts the community by providing high-quality child care services. Through their mission, Acre Family Child Care Inc is making a significant impact in Lowell, MA, by fostering economic independence and quality child care opportunities for women.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $14,866
  • Program Service Revenue: $2,596,625
  • Gross Receipts: $8,807,178

    • Assets and Liabilities:
  • Total Assets: $7,794,206
  • Total Liabilities: $1,335,427
  • Net Assets: $6,458,779
  • Programs

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

    PARENT FEES & OTHER PROGRAM F

    Revenue

    $2,596,625

    Organization Details

    Founding Year

    1988

    Principal Officer

    Bethany Watson

    Main Address

    55 MIDDLE STREET SUITE 500, LOWELL, MA, 018521812

    NTEE Category

    Code: P33Z - Human services

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