Overview
What is Belmont Child Care Association Inc?
Belmont Child Care Association Inc, situated in Elmont, New York, is a compassionate nonprofit organization catering to families within the New York racing community. The association offers an on-site child care program, ensuring quality services for those who might otherwise struggle to afford it. The organization's mission is to create a secure, encouraging, and intellectually stimulating environment for the children of racing industry workers. By providing this critical support, Belmont Child Care Association Inc helps nurture young minds and contribute to the fulfillment of their dreams. With a modest workforce of two dedicated individuals, the association has a significant impact on the lives of these families, enabling them to balance their professional and familial responsibilities.
Official website here: www.belmontchildcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Belmont Child Care Association Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial practices. The organization's overall score is based solely on its fiscal responsibility, with a perfect score in multiple areas such as independent board governance, financial oversight, and minimal asset diversion. With a program expense ratio of 74.48%, the majority of its resources are directed towards its mission, which is a positive indicator of its operational focus.
User reviews on platforms like Great Nonprofits highlight the impactful work conducted by the organization, particularly in serving the children of the Belmont racetrack community. Many reviewers commend the professionalism and dedication of the staff, noting the joy and love infused in their educational initiatives. The early childhood education and after-school tutoring programs are specifically praised for their effectiveness in keeping children safe and enhancing their learning experiences.
While the feedback is overwhelmingly positive, it is essential to continuously monitor for any emerging challenges or areas for improvement. However, the current data suggests that Belmont Child Care Association Inc is well-regarded by both evaluators and the community it serves, making it a commendable choice for potential donors and volunteers.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Belmont Child Care Association Inc legitimate?
Belmont Child Care Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Child Care Association 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: $183,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,192
For more financial information, click here
Official website here: www.belmontchildcare.org
What is the mission statement of Belmont Child Care Association Inc?
The Belmont Child Care Association Inc's mission is centered around helping working families in the racing industry. It aims to offer high-quality child care services to those who might not otherwise be able to afford it. The organization's primary goal is to establish a secure, nurturing, and intellectually stimulating environment for the children of parents employed in the thoroughbred racing backstretch area, specifically at New York's Belmont Park, Aqueduct, and Saratoga Race Course. The Belmont Child Care Association Inc also places a strong emphasis on early childhood education, aiming to shape young minds and inspire the realization of their aspirations.
Official website here: www.belmontchildcare.org
Who is the CEO of Belmont Child Care Association Inc?
Joanne K Adams is the Executive Dir. of Belmont Child Care Association Inc.
Official website here: www.belmontchildcare.org
What is the revenue of Belmont Child Care Association Inc?
Belmont Child Care Association Inc's revenue in 2022 was $1,138,035.
Official website here: www.belmontchildcare.org
Who are the executives of Belmont Child Care Association Inc and what are their salaries?
The average compensation at Belmont Child Care Association Inc during 2022 was $129,173. There are 2 employees and 35 volunteers at Belmont Child Care Association Inc.
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Official website here: www.belmontchildcare.org
Where can I find the form 990 for Belmont Child Care Association Inc?
Belmont Child Care Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.belmontchildcare.org
Learn more at the official website: www.belmontchildcare.org
Mission Statement of Belmont Child Care Association Inc
Belmont Child Care Association Inc is a nonprofit organization with a mission to aid working families in the racing industry. Specifically, it provides high-quality child care services to those who would otherwise be unable to afford it. The association's primary goal is to create a secure, nurturing, and intellectually stimulating environment for the children of parents who work in the backstretch area or frontside of Belmont Park, Aqueduct, or Saratoga racetracks. By offering this service, Belmont Child Care Association Inc seeks to promote early childhood education, fostering the cognitive development of young minds and encouraging the realization of their dreams. In essence, the organization's mission is to support and nurture the children of the racing community, enabling their parents to focus on their work while ensuring their children receive the best possible care and education.
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Impact
October, 2024
Belmont Child Care Association Inc significantly impacts working families in the racing industry by providing accessible, high-quality child care services. By establishing an on-site child care program at key racetracks in New York—Belmont Park, Aqueduct, and Saratoga—it addresses the critical need for affordable care among those employed in the racing community.
This initiative not only alleviates the financial burden on families but also creates a safe and supportive environment for their children. In doing so, it promotes early childhood education, helping to shape young minds and encourage the pursuit of dreams. By fostering academic inspiration and social development, Belmont Child Care Association Inc enhances the overall well-being of children while enabling their parents to focus on their demanding jobs without the stress of childcare concerns.
This information is meant to be a general summary of Belmont Child Care Association 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 2022.
- Investment Income: $266,008
- Gross Receipts: $1,316,159
Assets and Liabilities:
- Total Assets: $7,846,810
- Total Liabilities: $71,268
- Net Assets: $7,775,542
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Organization Details
Founding Year
1998
Phone
(516) 488-2103Principal Officer
Joanne K Adams
Main Address
2150 Hempstead Tpke Belmont Park Gt, Elmont, NY, 11003
Website
www.belmontchildcare.orgNTEE Category
Code: P33 - Human services
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