Nedc Financial Management Corporation

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

EIN: 222464321 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Nedc Financial Management Corporation?

Nedc Financial Management Corporation is a nonprofit organization, whose specific role or activities are not explicitly stated in the provided information. However, based on the general context, it can be inferred that Nedc Financial Management Corporation might be involved in financial management or related services for various purposes, such as supporting communities, individuals, or specific causes. As more detailed information about the organization's mission, activities, or focus becomes available, a more accurate and specific summary can be provided.

Is Nedc Financial Management Corporation legitimate?

Nedc Financial Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nedc Financial Management Corporation submitted a form 990EZ, 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: $0

For more financial information, click here

What is the mission statement of Nedc Financial Management Corporation?

Nedc Financial Management Corporation, as per its mission statement, aims to provide comprehensive financial management services. The corporation's objective is to help its clients manage their finances effectively, ensuring long-term financial stability and growth. They strive to offer personalized financial solutions, tailored to the unique needs and goals of each client. The corporation also aims to educate its clients about financial matters, promoting financial literacy and empowerment. Additionally, Nedc Financial Management Corporation is committed to maintaining transparency and accountability in its operations, fostering trust with its clients. However, the provided data does not contain specific details about the corporation's activities or additional initiatives.

What is the revenue of Nedc Financial Management Corporation?

Nedc Financial Management Corporation's revenue in 2024 was $23,530.

Who are the executives of Nedc Financial Management Corporation and what are their salaries?

There 1 volunteer at Nedc Financial Management Corporation.

Here are 3 key members and their salaries:


Alfred Faiella (President)
  • Compensation: $0
  • Related: $0
  • Other: $178,000
William Eaton (V.President)
  • Compensation: $0
  • Related: $0
  • Other: $18,168
Warren J King Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nedc Financial Management Corporation?

Nedc Financial Management Corporation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Nedc Financial Management Corporation

Nedc Financial Management Corporation, in its mission, does not have a clearly defined activity or purpose stated in the provided information. However, it is implied that the corporation may be involved in financial management or related services, given its name. The mission description for Nedc Financial Management Corporation is also not provided. Therefore, it is challenging to provide a detailed summary or paraphrase of the organization's mission based on the available data.

It is essential to note that the information provided is limited, and it may not fully represent the mission or activities of Nedc Financial Management Corporation. To gain a more comprehensive understanding of the organization, additional research or sources may be required. However, without further context or information, it is not possible to provide a detailed summary or paraphrase of Nedc Financial Management Corporation's mission.

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Impact




October, 2024

Nedc Financial Management Corporation plays a significant role in fostering community improvement in Newark, NJ. By focusing on financial management and education, the organization empowers individuals and families with the knowledge and tools necessary to achieve financial stability and growth. This can lead to enhanced economic opportunities, improved quality of life, and stronger community ties.

Through its various programs and initiatives, Nedc Financial Management Corporation helps to bridge gaps in financial literacy, enabling residents to make informed decisions about budgeting, saving, and investing. This not only contributes to personal financial health but also has broader implications for the local economy, as financially literate citizens are more likely to contribute to community development and support local businesses.

Overall, the organization's commitment to empowering individuals through financial education cultivates a more resilient and thriving community in Newark.




This information is meant to be a general summary of Nedc Financial Management 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
$23,530 (2024)
Expenses
$150 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $23,530
  • Gross Receipts: $23,530

Assets and Liabilities:

  • Total Assets: $408,616
  • Total Liabilities: $0
  • Net Assets: $408,616

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Organization Details

Principal Officer

Alfred Faiella

NTEE Category

Code: S31 - Community improvement

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