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Cord Group

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

EIN: 454578042 ✦ Ada, MI ✦ Designated as a 501(c)(3)

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Overview

What is Cord Group?

Cord Group is a nonprofit organization based in Ada, MI, dedicated to embodying the love of Jesus Christ. They extend their support to financially or otherwise disadvantaged individuals in their community and beyond, offering resources and assistance during challenging life situations. This aid is often provided directly to those in need or through identified organizations that share their mission. Cord Group also focuses on mentoring and personally engaging with at-risk adolescents, helping them recognize their innate talents and potential, ultimately aiding in their development. Their work is an expression of love and care, aiming to uplift and support those in need.

Is Cord Group legitimate?

Cord Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cord Group 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: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,336

For more financial information, click here

What is the mission statement of Cord Group?

The Cord Group is a nonprofit organization that strives to exhibit the compassion of Jesus Christ by offering timely assistance to financially or otherwise disadvantaged individuals. Their mission involves providing direct support to people experiencing disruptive life crises or partnering with organizations sharing the same goal. The Cord Group aims to assist the underprivileged and marginalized members of the community through mentoring and personal involvement. Furthermore, they extend their mission to at-risk adolescents, helping them recognize their inherent talents and fostering their development.

What is the revenue of Cord Group?

Cord Group's revenue in 2024 was $308,175.

Who are the executives of Cord Group and what are their salaries?

The average compensation at Cord Group during 2024 was $29,668. There are 2 employees at Cord Group.

Here are 6 key members and their salaries:


David J Ellis (President)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
Steve Timyan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stacy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Lyons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Greene (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Weaver (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cord Group?

Cord Group's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Cord Group

The Cord Group, a nonprofit organization, is dedicated to reflecting the love of Jesus Christ by providing timely support and helpful resources to financially or otherwise disadvantaged individuals in their community and beyond. Their mission is to administer funds and perform services, aiming to assist the poor, disadvantaged, and underserved members of society. They accomplish this by engaging in mentoring and personal involvement.

Beyond supporting the financially struggling, Cord Group also reaches out to at-risk adolescents. They help these young individuals recognize their innate talent and gifting, cultivating and nurturing these qualities in them. By doing so, Cord Group demonstrates the love of Jesus Christ and empowers these youth to overcome their challenges.

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Impact




October, 2024

Cord Group significantly impacts its community by offering vital support and resources to financially or otherwise disadvantaged individuals. By administering funds and services, it addresses immediate needs, especially for those experiencing disruptive life crises. The organization focuses on mentoring and actively engaging with the poor, disadvantaged, and underserved populations, providing both emotional and practical assistance.

In particular, Cord Group prioritizes youth development, working with at-risk adolescents to help them recognize and cultivate their innate talents and gifts. This developmental aspect not only empowers young individuals but also equips them with the skills and confidence needed to navigate life's challenges. Through its compassionate approach, Cord Group exemplifies a commitment to fostering resilience and hope, creating a ripple effect that uplifts the entire community.




This information is meant to be a general summary of Cord Group. 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
$308,175 (2024)
Expenses
$793,871 (2024)
Efficiency

Other financial information:

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

  • Investment Income: $5,921
  • Gross Receipts: $707,612

Assets and Liabilities:

  • Total Assets: $1,470,466
  • Total Liabilities: $2,215
  • Net Assets: $1,468,251

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Organization Details

Founding Year

2012

Principal Officer

David Ellis

NTEE Category

Code: O50 - Youth development

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