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Community Economic Development Center Of Southeastern Mass

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

EIN: 043371170 ✦ New bedford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Community Economic Development Center Of Southeastern Mass?

The Community Economic Development Center of Southeastern Mass is a nonprofit organization based in New Bedford, Massachusetts. With a team of 11 dedicated individuals, their mission encompasses community outreach, computer training, technical assistance, and immigrant support. They also provide job placement services, aiming to empower and uplift the local community. Their activities include offering resources and guidance to help individuals, particularly immigrants, navigate various aspects of life and employment in their region.


Official website here: www.cedcnewbedford.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

The Community Economic Development Center of Southeastern Massachusetts has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization achieved a high score of 92% in this category, indicating effective oversight and management of resources. Notably, the center boasts a fully independent board of directors and demonstrates strong financial health, as evidenced by a low liabilities to assets ratio of 3.55% and high program expense ratio of 94.26%.

Despite these strengths, there are some areas for improvement. The organization does not currently have a conflict of interest policy in place, which is a critical aspect of governance that could enhance transparency and integrity. However, it has established other important policies, such as a whistleblower policy and document retention policy, which contribute positively to its governance framework.

Overall, the Community Economic Development Center of Southeastern Massachusetts exhibits solid fiscal responsibility and a commitment to serving its community, while also recognizing the need to address its governance policies to further strengthen its operations.


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

Is Community Economic Development Center Of Southeastern Mass legitimate?

Community Economic Development Center Of Southeastern Mass is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Economic Development Center Of Southeastern Mass 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: $143,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $374,495

For more financial information, click here


Official website here: www.cedcnewbedford.org

What is the mission statement of Community Economic Development Center Of Southeastern Mass?

The Community Economic Development Center of Southeastern Mass is committed to serving its community through various initiatives. Their primary activities include community outreach, providing computer training, offering technical assistance, and offering immigration assistance along with job placement services. Their mission, in essence, is to contribute to the community's growth and development by equipping individuals with the necessary digital skills, offering technical support, and aiding in immigration processes and job placement.


Official website here: www.cedcnewbedford.org

Who is the CEO of Community Economic Development Center Of Southeastern Mass?

Corinn Williams is the Director of Community Economic Development Center Of Southeastern Mass.


Official website here: www.cedcnewbedford.org

What is the revenue of Community Economic Development Center Of Southeastern Mass?

Community Economic Development Center Of Southeastern Mass's revenue in 2023 was $1,433,095.


Official website here: www.cedcnewbedford.org

Who are the executives of Community Economic Development Center Of Southeastern Mass and what are their salaries?

The average compensation at Community Economic Development Center Of Southeastern Mass during 2023 was $47,128. There are 11 employees and 40 volunteers at Community Economic Development Center Of Southeastern Mass.


Here are 8 key members and their salaries:


Carlos Benavides (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Estela Delacruz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Dyson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deidre Healey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Jenney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genaro Mendez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria M De Sa (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cedcnewbedford.org

Where can I find the form 990 for Community Economic Development Center Of Southeastern Mass?

Community Economic Development Center Of Southeastern Mass's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cedcnewbedford.org

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

Mission Statement of Community Economic Development Center Of Southeastern Mass

The Community Economic Development Center of Southeastern Mass is committed to serving its community through several key activities. Its mission encompasses community outreach, computer training, technical assistance, and immigrant assistance, along with job placement. This organization strives to offer resources that cater to various needs, fostering an inclusive environment where individuals can enhance their skills and secure employment opportunities. By providing computer training, the center empowers individuals to navigate the digital world, enhancing their ability to access information and opportunities. Technical assistance is another crucial aspect of its mission, equipping community members with the necessary tools to address their unique challenges. Furthermore, through its immigrant assistance program, the center offers support to newcomers, assisting them in navigating their new environment and integrating into the local community. Job placement services complete the organization's mission, providing individuals with the resources they need to secure employment, thereby contributing to the overall economic development of the community.

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Impact




July, 2024

The impact of Community Economic Development Center of Southeastern Mass is evident in its dedicated efforts towards community outreach, computer training, technical assistance, immigrant assistance, and job placement in New Bedford, Massachusetts. Through their initiatives, they directly contribute to the improvement and empowerment of the local community by providing essential support services and resources to those in need. Their work fosters economic growth, education, and inclusivity, making a positive difference in the lives of many individuals residing in the region.




This information is meant to be a general summary of Community Economic Development Center Of Southeastern Mass. 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
$1,433,095 (2023)
Expenses
$1,065,726 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $1,469,914

Assets and Liabilities:

  • Total Assets: $1,702,430
  • Total Liabilities: $60,448
  • Net Assets: $1,641,982

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Organization Details

Founding Year

1997

Principal Officer

Corinn Williams

Main Address

PO BOX 63005, NEW BEDFORD, MA, 02746

NTEE Category

Code: S43 - Community improvement

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