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Child Development Support Corporation

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

EIN: 112395258 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Child Development Support Corporation?

The Child Development Support Corporation, located in Brooklyn, New York, serves as a vital nonprofit organization. Its primary mission is to empower families, achieving this through two key programs: Child Care Resource and Referral and Infant Toddler Regional services. The former offers child care referrals to parents, while the latter provides technical assistance to child care providers across New York City's five boroughs. Funding for their initiatives comes from the Office of Children and Family Services. The organization, with a workforce of 31 employees, strives to make a positive impact in the community by supporting families in their childcare needs.


Official website here: www.cdscnyc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Stars)

Child Development Support Corporation has earned an 85% rating from Charity Navigator, indicating a solid level of accountability and financial management. The overall score is derived entirely from the Accountability & Finance beacon, reflecting the organization's strong adherence to transparency and governance practices. Notably, the charity has an independent board composed entirely of independent members, showcasing a commitment to unbiased decision-making.

Strengths include a high program expense ratio of 99.71%, demonstrating that nearly all funds are directed toward its mission-related activities. Additionally, the organization has received perfect scores in several key areas such as financial statements oversight and the presence of essential policies like conflict of interest and whistleblower protections. This level of oversight enhances trust in the organization's operations and intentions.

However, a notable limitation is the liabilities to assets ratio, which stands at 64.29%. While this figure suggests that the organization has a significant amount of liabilities compared to its assets, it does not detract from their overall strong financial practices. Overall, the Child Development Support Corporation appears to be a responsibly managed nonprofit with a focus on supporting child development initiatives.


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

Is Child Development Support Corporation legitimate?

Child Development Support Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Child Development Support Corporation 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: $270,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,284,780

For more financial information, click here


Official website here: www.cdscnyc.org

What is the mission statement of Child Development Support Corporation?

The Child Development Support Corporation's mission is centered around providing programs and services with the intention of empowering families. In practice, this is achieved through their Child Care Resource and Referral and Infant Toddler Regional services, which offer child care referrals to parents and technical assistance to child care providers across New York City's five boroughs. The organization receives funding for these initiatives from the Office of Children and Family Services.


Official website here: www.cdscnyc.org

Who is the CEO of Child Development Support Corporation?

Marcia Rowe-Riddick is the Executive Director of Child Development Support Corporation.


Official website here: www.cdscnyc.org

What is the revenue of Child Development Support Corporation?

Child Development Support Corporation's revenue in 2022 was $7,026,731.


Official website here: www.cdscnyc.org

Who are the executives of Child Development Support Corporation and what are their salaries?

The average compensation at Child Development Support Corporation during 2022 was $50,164. There are 31 employees at Child Development Support Corporation.


Here are 10 key members and their salaries:


Marcia Rowe-Riddick (Executive Director)
  • Compensation: $140,229
  • Related: $0
  • Other: $0
Wildienne Daniel (Controller)
  • Compensation: $130,067
  • Related: $0
  • Other: $0
Lenue Singletary Iii (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lena Hayes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Wadsworth (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Watson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fela Barclift (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Batts (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clinton Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Wadford (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cdscnyc.org

Where can I find the form 990 for Child Development Support Corporation?

Child Development Support Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cdscnyc.org

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

Mission Statement of Child Development Support Corporation

The Child Development Support Corporation, abbreviated as CDSC, is dedicated to its mission of empowering families. This nonprofit organization achieves this mission through two primary programs: Child Care Resource and Referral, and Infant Toddler Regional services. The Child Care Resource and Referral program provides parents with essential child care referrals, ensuring they can find suitable and reliable child care options. On the other hand, the Infant Toddler Regional services program offers technical assistance to child care providers, helping them improve their services. By executing these programs, CDSC strives to create a supportive environment for both parents and child care providers, ultimately empowering families in New York City. Funding for these programs is provided by the Office of Children and Family Services.

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Impact




July, 2024

Child Development Support Corporation's impact is significant in Brooklyn, NY, where it provides programs and services that empower families. Specifically, through its Child Care Resource and Referral and Infant Toddler Regional services programs, CDSC offers child care referrals to parents and technical assistance to child care providers across the five boroughs of New York City. This support is crucial in helping families access quality child care and ensuring that child care providers have the resources they need to provide a nurturing environment for children.




This information is meant to be a general summary of Child Development Support Corporation. 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
$7,026,731 (2022)
Expenses
$6,306,983 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $424
  • Gross Receipts: $7,027,082

Assets and Liabilities:

  • Total Assets: $6,396,093
  • Total Liabilities: $4,112,562
  • Net Assets: $2,283,531

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Organization Details

Founding Year

1975

Principal Officer

Marcia Rowe-Riddick

Main Address

352-358 CLASSON AVENUE, BROOKLYN, NY, 11238

NTEE Category

Code: P33Z - Human services

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