Overview
What is Metropolitan Multicultural Centers Inc?
Metropolitan Multicultural Centers Inc is a nonprofit organization, specifically known for operating Lakewood Multicultural Preschool. This preschool provides essential day care services for pre-school children hailing from low-income families. The primary goal is to empower parents by allowing them to work or pursue their education, ensuring their children receive adequate care. By offering these services, Metropolitan Multicultural Centers Inc plays a significant role in supporting the community, particularly families who may otherwise face challenges in balancing their personal and professional lives.
Is Metropolitan Multicultural Centers Inc legitimate?
Metropolitan Multicultural Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Multicultural Centers 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: $43,567
Professional Fundraising Fees: $817
Other Salaries and Wages: $294,680
For more financial information, click here
What is the mission statement of Metropolitan Multicultural Centers Inc?
Metropolitan Multicultural Centers Inc, through its Lakewood Multicultural Preschool, provides educational daycare services for pre-school children from low-income families. The primary objective is to allow these parents to work or pursue their education, ensuring continuous care for their children. The mission of Metropolitan Multicultural Centers Inc, in relation to this preschool, is to offer a nurturing environment that promotes learning and development for young children, thereby alleviating the financial burden of childcare for their families. The preschool strives to create an inclusive and culturally diverse space, fostering understanding and acceptance among the children.
What is the revenue of Metropolitan Multicultural Centers Inc?
Metropolitan Multicultural Centers Inc's revenue in 2023 was $994,523.
Who are the executives of Metropolitan Multicultural Centers Inc and what are their salaries?
The average compensation at Metropolitan Multicultural Centers Inc during 2023 was $16,107. There are 21 employees at Metropolitan Multicultural Centers Inc.
There is 1 key member and their salary:
- Compensation: $43,567
- Related: $0
- Other: $0
Where can I find the form 990 for Metropolitan Multicultural Centers Inc?
Metropolitan Multicultural Centers Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Metropolitan Multicultural Centers Inc
Metropolitan Multicultural Centers Inc, through its Lakewood Multicultural Preschool, is dedicated to providing educational day care services for pre-school children hailing from low-income families. The primary objective of this nonprofit organization is to empower parents by enabling them to work or pursue their education, knowing their children are in good hands. Lakewood Multicultural Preschool serves as a vital resource for these families, offering child care that is both educational and nurturing. The mission of Metropolitan Multicultural Centers Inc is to ensure that these families have the support they need to improve their circumstances, ultimately providing a better future for their children.
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Impact
October, 2024
Metropolitan Multicultural Centers Inc plays a crucial role in supporting low-income families by providing educational day care services through the Lakewood Multicultural Preschool. This initiative enables parents to pursue employment or education while ensuring their preschool-aged children receive quality care and early education. The center's commitment to serving this demographic alleviates the challenges faced by families in Lakewood, NJ, enhancing their ability to build a stable future. By prioritizing child care for those in need, the organization fosters an environment where children can thrive educationally, while also empowering parents to improve their livelihoods.
This information is meant to be a general summary of Metropolitan Multicultural Centers 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 2023.
- Investment Income: $45
- Program Service Revenue: $126,190
- Gross Receipts: $994,523
Assets and Liabilities:
- Total Assets: $391,788
- Total Liabilities: $263,776
- Net Assets: $128,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$125,410
FUNDRAISING
Revenue
$780
Organization Details
Founding Year
1996
Principal Officer
Radames Cespedes
NTEE Category
Code: P33Z - Human services
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