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The Institute Of Consumer Money Chen

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

EIN: 471524248 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Institute Of Consumer Money Chen?

The Institute of Consumer Money Chen is a nonprofit organization situated in Raleigh, North Carolina, with the address 3724 National Drive. Their primary mission is to foster a financially stable future for consumers by funding research and studies that motivate responsible spending habits and consumer asset accumulation. Committed to promoting financial literacy, this institution operates within their community and extends its influence across the United States. Their activities aim to encourage positive financial behaviors and empower individuals to manage their finances effectively.


Official website here: www.icmmnc.org

Is The Institute Of Consumer Money Chen legitimate?

The Institute Of Consumer Money Chen is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Institute Of Consumer Money Chen 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.icmmnc.org

What is the mission statement of The Institute Of Consumer Money Chen?

The Institute of Consumer Money Chen is dedicated to establishing a financially secure future for consumers. They accomplish this by financing research and studies that encourage responsible spending habits and asset accumulation. The organization is strongly committed to fostering financial literacy within their community and across the United States. By providing funding for these initiatives, they aim to promote positive financial behaviors and empower consumers to manage their finances more effectively.


Official website here: www.icmmnc.org

Who is the CEO of The Institute Of Consumer Money Chen?

Dr Diane Chen is the Executive Di of The Institute Of Consumer Money Chen.


Official website here: www.icmmnc.org

What is the revenue of The Institute Of Consumer Money Chen?

The Institute Of Consumer Money Chen's revenue in 2023 was $414,692.


Official website here: www.icmmnc.org

Who are the executives of The Institute Of Consumer Money Chen and what are their salaries?


Here are 6 key members and their salaries:


Dr Diane Chen (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tara Kenyon (Board Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Krupa (Board Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jeffrey Leiter (Board Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Smiley (Chairman/Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Tate (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.icmmnc.org

Where can I find the form 990 for The Institute Of Consumer Money Chen?

The Institute Of Consumer Money Chen's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.icmmnc.org

Learn more at the official website: www.icmmnc.org

Mission Statement of The Institute Of Consumer Money Chen

The Institute of Consumer Money Chen is dedicated to establishing a sustainable financial future for consumers. This nonprofit organization achieves this mission by funding research and studies that encourage positive spending habits and consumer asset building. Embracing a strong commitment to financial literacy, The Institute of Consumer Money Chen strives to promote financial education within its community and across the United States.

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Impact




October, 2024

The Institute Of Consumer Money Chen significantly impacts the financial landscape by focusing on fostering a sustainable financial future for consumers. By providing funding for research and studies, the organization promotes positive spending behaviors and encourages asset building among consumers. This approach not only aids individuals in making informed financial decisions but also contributes to the overall financial literacy of the community and the nation.

Effective financial education initiatives spearheaded by the Institute aim to empower consumers with the knowledge and skills necessary to manage their finances effectively, ultimately leading to improved financial stability. Through its commitment to research, the Institute helps identify best practices and strategies that consumers can adopt, thus creating a more financially literate society. The ongoing work in Raleigh, NC, serves as a vital hub for these initiatives, positively influencing both local and national efforts to enhance consumer financial health.




This information is meant to be a general summary of The Institute Of Consumer Money Chen. 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
$414,692 (2023)
Expenses
$970,697 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $82,691
  • Gross Receipts: $10,039,756

Assets and Liabilities:

  • Total Assets: $4,397,839
  • Total Liabilities: $23,937
  • Net Assets: $4,373,902

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Organization Details

Founding Year

2014

Principal Officer

Dr Diane Chen

Main Address

3724 NATIONAL DRIVE, RALEIGH, NC, 27612

NTEE Category

Code: W05 - Public benefit

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