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Love Makes Cents Inc

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

EIN: 471819140 ✦ Richmond, IN ✦ Designated as a 501(c)(3)

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Overview

What is Love Makes Cents Inc?

Love Makes Cents Inc is a nonprofit organization situated in Richmond, Indiana. Their primary mission involves providing specialized services to help individuals overcome financial obstacles. This includes offering individual development accounts, financial counseling, and resource assistance. Their programs aim to eliminate barriers such as securing a safe living situation, effective budgeting, and credit repair. Love Makes Cents also extends its financial counseling services to public schools and abroad.


Official website here: www.natcocu.org/tc-ncec

Is Love Makes Cents Inc legitimate?

Love Makes Cents Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love Makes Cents Inc submitted a form 990EZ, 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.


Official website here: www.natcocu.org/tc-ncec

What is the mission statement of Love Makes Cents Inc?

Love Makes Cents Inc's mission is centered around providing specialized services to help individuals overcome financial barriers. Their programs include individual development accounts, financial counseling, and resource assistance. These initiatives aim to assist individuals in securing a safe living situation, managing their budgets, and improving their credit scores. The organization also offers financial counseling in various educational settings, both locally and internationally.


Official website here: www.natcocu.org/tc-ncec

Who is the CEO of Love Makes Cents Inc?

Cynthia Duke is the President of Love Makes Cents Inc.


Official website here: www.natcocu.org/tc-ncec

What is the revenue of Love Makes Cents Inc?

Love Makes Cents Inc's revenue in 2022 was $71,750.


Official website here: www.natcocu.org/tc-ncec

Who are the executives of Love Makes Cents Inc and what are their salaries?


Here are 4 key members and their salaries:


Cynthia Duke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Dillon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Sherrow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.natcocu.org/tc-ncec

Where can I find the form 990EZ for Love Makes Cents Inc?

Love Makes Cents Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.natcocu.org/tc-ncec

Learn more at the official website: www.natcocu.org/tc-ncec

Mission Statement of Love Makes Cents Inc

Love Makes Cents Inc is a nonprofit organization that focuses on providing specialized programs to aid individuals in overcoming financial challenges. The mission of Love Makes Cents Inc is to offer individual development accounts, financial counseling, and resource assistance to help eliminate obstacles such as securing a safe living situation, budgeting, and credit repair. The organization's goal is to empower individuals by providing them with the necessary tools to improve their financial well-being. Love Makes Cents Inc also offers financial counseling services in various schools and abroad, demonstrating its commitment to reaching out and making a difference in people's lives on a global scale. The organization's efforts are geared towards breaking down financial barriers and enabling individuals to take control of their financial future.

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Impact




August, 2024

Love Makes Cents Inc's impact can be seen through its specialized programs aimed at improving financial literacy and stability. By providing services such as individual development accounts, financial counseling in public schools, and resource assistance, Love Makes Cents is actively working to eliminate barriers to financial well-being. These barriers include helping individuals obtain safe living situations, offering budgeting guidance, and providing assistance with credit repair. Through its efforts in Richmond, IN and beyond, Love Makes Cents is making a tangible difference in community improvement by empowering individuals to take control of their financial futures.




This information is meant to be a general summary of Love Makes Cents 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.

Revenue
$71,750 (2022)
Expenses
$42,944 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $56
  • Gross Receipts: $71,750

Assets and Liabilities:

  • Total Assets: $61,539
  • Total Liabilities: $0
  • Net Assets: $61,539

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Organization Details

Principal Officer

Cynthia Duke

Main Address

1627 E MAIN STREET, RICHMOND, IN, 47374

NTEE Category

Code: S30 - Community improvement

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