Cedc Incorporated

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

EIN: 112254468 ✦ Hempstead, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cedc Incorporated?

Cedc Incorporated, located at 134 Jackson Street, Hempstead, NY 11550, is an affiliate of the Economic Opportunity Commission of Nassau County, Inc. (EOC of Nassau). The primary mission of Cedc Incorporated is to foster economic development in targeted communities. It provides space for the EOC of Nassau, which uses this space for the administration and operation of its anti-poverty programs. By working together, both entities strive to eliminate or reduce poverty in Nassau County.

Is Cedc Incorporated legitimate?

Cedc Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedc Incorporated 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: $30,655

For more financial information, click here

What is the mission statement of Cedc Incorporated?

Cedc Incorporated, as an affiliate of the Economic Opportunity Commission of Nassau County, Inc., primarily focuses on planning, coordinating, initiating, evaluating, and supervising programs aimed at permanently eliminating or reducing poverty. Their mission, in simpler terms, is to foster economic development in target communities. To accomplish this, Cedc Incorporated provides space to the Economic Opportunity Commission of Nassau County, Inc., which utilizes this space for the administration and operations of its various poverty-reduction programs.

Who is the CEO of Cedc Incorporated?

Herman Matson is the Treasurer of Cedc Incorporated.

What is the revenue of Cedc Incorporated?

Cedc Incorporated's revenue in 2022 was $369,975.

Who are the executives of Cedc Incorporated and what are their salaries?

There 10 volunteers at Cedc Incorporated.


Here are 10 key members and their salaries:


Angela Young (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Crowder (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seymour Edwards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herman Matson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Wilcox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blanca Fabian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Deleaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenora Quinones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Cromer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Puckerin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cedc Incorporated?

Cedc Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cedc Incorporated

Cedc Incorporated, an affiliate of the Economic Opportunity Commission of Nassau County, Inc., is primarily engaged in planning, coordinating, initiating, evaluating, and generally supervising programs aimed at permanently eliminating or reducing poverty within Nassau County. At its core, Cedc Incorporated's mission is to foster economic development in targeted communities. By providing space to the Economic Opportunity Commission of Nassau County, Inc., Cedc Incorporated enables this organization to administer and operate its programs effectively, thereby contributing to the overall goal of reducing poverty and promoting economic growth in the community.

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Impact




October, 2024

Cedc Incorporated plays a crucial role in addressing poverty and fostering economic development in Nassau County, specifically targeting the needs of local communities in Hempstead, NY. By partnering with the Economic Opportunity Commission of Nassau County, Cedc actively supports programs aimed at permanently reducing poverty levels.

The organization provides essential resources, including physical space, to facilitate the operations and administration of anti-poverty initiatives. This collaboration enables the Economic Opportunity Commission to effectively implement a range of programs designed to uplift economically disadvantaged individuals and families.

Through its commitment to community improvement, Cedc Incorporated enhances the capacity of local agencies to plan, coordinate, and execute strategies that stimulate economic growth and improve the overall quality of life for residents in targeted areas. The impact of Cedc is evident in its dedication to transformative change, as it empowers communities to overcome challenges related to poverty and inequity.




This information is meant to be a general summary of Cedc Incorporated. 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
$369,975 (2022)
Expenses
$304,328 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $50
  • Program Service Revenue: $369,925
  • Gross Receipts: $369,975

Assets and Liabilities:

  • Total Assets: $1,137,141
  • Total Liabilities: $104,028
  • Net Assets: $1,033,113

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Programs

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

RENTAL INCOME

Revenue

$369,925

Organization Details

Founding Year

1971

Principal Officer

Herman Matson

Main Address

134 JACKSON STREET, HEMPSTEAD, NY, 11550

NTEE Category

Code: S31 - Community improvement

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