Overview
What is Temple Community Development Corporation?
Temple Community Development Corporation, situated at 128 Broadway, Elizabeth, New Jersey, 07206, is a nonprofit organization that focuses on providing childcare and summer camp services for low-income working families. With a team of 25 dedicated individuals, this organization aims to support these families by offering essential programs during non-work hours. The corporation's mission is deeply rooted in ensuring that these families have access to reliable childcare, contributing to their overall well-being and work-life balance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Temple Community Development Corporation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas for improvement within its operations. The overall score of 60% reflects some strengths, particularly in board independence and governance practices, as evidenced by a high percentage of independent board members and the presence of conflict of interest and document retention policies.
However, the organization faces notable challenges in transparency and financial accountability. The lack of financial statements and missing documentation such as tax forms and a whistleblower policy severely impacted its score. Additionally, the liabilities to assets ratio suggests potential financial instability, which raises concerns about its long-term viability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Temple Community Development Corporation legitimate?
Temple Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Temple Community Development 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: $95,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $395,971
For more financial information, click here
What is the mission statement of Temple Community Development Corporation?
The Temple Community Development Corporation is dedicated to providing childcare and summer camp services for families who are employed. Their mission is centered around supporting these working families, ensuring they have reliable care options for their children during regular work hours and during summer vacations. The corporation aims to make these services accessible to families of low income, ensuring their children have a safe and enriching environment while their parents attend their jobs.
Who is the CEO of Temple Community Development Corporation?
Bishop Wallace K Thomas is the President of Temple Community Development Corporation.
What is the revenue of Temple Community Development Corporation?
Temple Community Development Corporation's revenue in 2022 was $918,674.
Who are the executives of Temple Community Development Corporation and what are their salaries?
The average compensation at Temple Community Development Corporation during 2022 was $19,645. There are 25 employees and 7 volunteers at Temple Community Development Corporation.
Here are 7 key members and their salaries:
- Compensation: $56,160
- Related: $0
- Other: $0
- Compensation: $39,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Temple Community Development Corporation?
Temple Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Temple Community Development Corporation
Temple Community Development Corporation is dedicated to providing essential childcare and summer camp services for working families. Their mission is to cater to the needs of low-income families, ensuring that their children have a safe and enriching environment during their parents' working hours. The corporation strives to make a significant impact on the lives of these families, offering high-quality childcare and summer camp programs to support their daily routines. By doing so, Temple Community Development Corporation plays a crucial role in enabling parents to maintain their employment while ensuring their children receive the care and education they need.
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Impact
October, 2024
Temple Community Development Corporation significantly impacts the lives of low-income working families in Elizabeth, NJ, by providing essential childcare and summer camp services. These programs offer a safe and nurturing environment for children, allowing parents to pursue their careers with peace of mind, knowing their children are well cared for. By facilitating access to quality childcare, the organization helps alleviate the financial burden on families, enabling them to balance work and family responsibilities more effectively. Additionally, the summer camp services create opportunities for children to engage in enriching activities, promoting social skills and personal development. Overall, Temple Community Development Corporation plays a crucial role in supporting the community by enhancing the well-being of families and fostering a brighter future for children.
This information is meant to be a general summary of Temple Community Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1
- Program Service Revenue: $637,127
- Gross Receipts: $918,674
Assets and Liabilities:
- Total Assets: $675,719
- Total Liabilities: $496,860
- Net Assets: $178,859
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Care & After Care
Revenue
$605,156
Parent Fees
Revenue
$31,971
Organization Details
Founding Year
1999
Principal Officer
Bishop Wallace K Thomas
Main Address
128 Broadway, Elizabeth, NJ, 07206
NTEE Category
Code: P20 - Human services
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