Overview
What is Capitol Child Development Center Inc?
Capitol Child Development Center Inc, based in Hartford, Connecticut at 450 Broad Street, is a nonprofit organization established by the State of Connecticut's General Assembly. It was founded with a specific mission to serve as a model for employer-sponsored childcare programs. The center operates under an agreement with the Joint Committee on Legislative Management of the State of Connecticut. With a team of 12 dedicated individuals, Capitol Child Development Center Inc provides child daycare services, contributing to the well-being and development of young children in the community.
Official website here: www.cga.ct.gov/ccdc/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Capitol Child Development Center Inc has achieved a strong rating, reflecting its commitment to accountability and financial health. With a perfect score in several key areas, such as independent board membership and financial oversight, the organization demonstrates a robust governance structure. The high program expense ratio of 91.67% indicates that a significant portion of its resources is directed toward fulfilling its mission.
The organization has implemented comprehensive policies for conflict of interest, whistleblower protection, and document retention, which further enhance its transparency and operational integrity. Additionally, the absence of material asset diversions and the thorough documentation of board meeting minutes showcase a high level of diligence in its operational practices.
While the data presented highlights numerous strengths, it is essential to maintain ongoing monitoring for any future financial changes or organizational developments. Overall, Capitol Child Development Center Inc is positioned as a reputable nonprofit that prioritizes accountability and effective use of resources in support of its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Capitol Child Development Center Inc legitimate?
Capitol Child Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capitol Child Development Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $461,325
For more financial information, click here
Official website here: www.cga.ct.gov/ccdc/
What is the mission statement of Capitol Child Development Center Inc?
The Capitol Child Development Center Inc., established by the Connecticut State General Assembly, serves as a model for employer-sponsored childcare programs. As a non-profit organization, its primary mission is to operate a child day care center under an agreement with the Joint Committee on Legislative Management of the State of Connecticut. The center's purpose is to provide a suitable environment for children, contributing positively to the development of employer-sponsored childcare programs as a beneficial initiative.
Official website here: www.cga.ct.gov/ccdc/
Who is the CEO of Capitol Child Development Center Inc?
Latrice Grumley is the Director of Capitol Child Development Center Inc.
Official website here: www.cga.ct.gov/ccdc/
What is the revenue of Capitol Child Development Center Inc?
Capitol Child Development Center Inc's revenue in 2022 was $595,271.
Official website here: www.cga.ct.gov/ccdc/
Who are the executives of Capitol Child Development Center Inc and what are their salaries?
The average compensation at Capitol Child Development Center Inc during 2022 was $38,444. There are 12 employees at Capitol Child Development Center Inc.
Here are 8 key members and their salaries:
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Official website here: www.cga.ct.gov/ccdc/
Where can I find the form 990 for Capitol Child Development Center Inc?
Capitol Child Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cga.ct.gov/ccdc/
Learn more at the official website: www.cga.ct.gov/ccdc/
Mission Statement of Capitol Child Development Center Inc
Capitol Child Development Center Inc, established by the State of Connecticut's General Assembly, serves as a model for employer-sponsored childcare programs. This non-profit organization was founded with a mission to operate a child day care center under an agreement with the Joint Committee on Legislative Management of the State of Connecticut. The center's primary objective is to provide a supportive environment for children, acting as a model for other organizations aiming to implement employer-sponsored childcare programs. The center's work is grounded in the belief that quality childcare can significantly contribute to the well-being and success of both children and their families, making it a vital component of a strong and thriving community.
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Impact
July, 2024
Capitol Child Development Center Inc's impact lies in its foundational role as a model for employer-sponsored childcare programs in the state of Connecticut. Established by the State General Assembly, the center operates a child daycare center under an agreement with the Joint Committee on Legislative Management. By offering high-quality childcare services, the organization plays a vital role in supporting working families and promoting early childhood education in Hartford, CT. Its mission as a non-profit organization reflects a commitment to providing essential human services and setting a standard for employer-sponsored childcare initiatives.
This information is meant to be a general summary of Capitol Child Development Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13
- Program Service Revenue: $229,404
- Gross Receipts: $595,271
Assets and Liabilities:
- Total Assets: $151,572
- Total Liabilities: $17,896
- Net Assets: $133,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$228,279
MISCELLANEOUS
Revenue
$1,125
Organization Details
Founding Year
1989
Phone
(860) 240-0330Principal Officer
Latrice Grumley
Main Address
450 BROAD STREET, HARTFORD, CT, 06106
Website
www.cga.ct.gov/ccdc/NTEE Category
Code: P33 - Human services
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