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Grace Neighborhood Development Corporation

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

EIN: 232961701 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Grace Neighborhood Development Corporation?

Grace Neighborhood Development Corporation is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 7912 Dungan Road. Their primary focus is on providing child day care services for preschool and school-aged children. Additionally, they offer home ownership counseling to support individuals in this aspect. With a workforce of 116 employees, this organization seeks to enhance the lives of families in the community by offering essential services for children and guidance in home ownership matters.


Is Grace Neighborhood Development Corporation legitimate?

Grace Neighborhood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Neighborhood 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,633,774

For more financial information, click here


What is the mission statement of Grace Neighborhood Development Corporation?
Who is the CEO of Grace Neighborhood Development Corporation?
What is the revenue of Grace Neighborhood Development Corporation?
Who are the executives of Grace Neighborhood Development Corporation and what are their salaries?
Where can I find the form 990 for Grace Neighborhood Development Corporation?

Mission Statement of Grace Neighborhood Development Corporation

Grace Neighborhood Development Corporation is an organization dedicated to serving its community. Its primary focus lies in providing child day care services for preschool and school-aged children. Moreover, the corporation extends its support to families by offering home ownership counseling. By operating child day care centers, Grace Neighborhood Development Corporation ensures that children receive essential care and education during the day, allowing parents to focus on other aspects of their lives. The home ownership counseling aspect empowers families by providing them with the necessary guidance to become homeowners, thereby promoting stability and security within the community.

Impact

This information is meant to be a general summary of Grace Neighborhood Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Grace Neighborhood Development Corporation positively impacts the community in Philadelphia by operating child day care centers for preschool and school-age children. Additionally, the organization offers home ownership counseling services, contributing to the overall well-being and stability of families in the area.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $-318,455
  • Program Service Revenue: $6,239,412
  • Gross Receipts: $7,311,842

    • Assets and Liabilities:
  • Total Assets: $8,198,389
  • Total Liabilities: $769,805
  • Net Assets: $7,428,584
  • Programs

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

    Childcare services

    Revenue

    $6,039,052

    Neighborhood Outreach

    Revenue

    $200,360

    Organization Details

    Founding Year

    2002

    Principal Officer

    Rev Dr Chandra S Soans

    Main Address

    7912 DUNGAN ROAD, PHILADELPHIA, PA, 19111

    NTEE Category

    Code: S22 - Community improvement

    If you are a representative of Grace Neighborhood Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.