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Holmes Child Care Center Inc

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

EIN: 560602759 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

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Overview

What is Holmes Child Care Center Inc?

Holmes Child Care Center Inc, situated in Chapel Hill, North Carolina, is a nonprofit organization dedicated to providing child care services for students between the ages of 0 and 12 years old. To make these services more affordable, they receive subsidiary payments. The center's primary mission is to offer subsidized child care, ensuring that eligible students can benefit from their services. With a workforce of 12 dedicated individuals, Holmes Child Care Center Inc plays an essential role in supporting families by providing a nurturing environment for their young ones while the students pursue their studies.

Is Holmes Child Care Center Inc legitimate?

Holmes Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holmes Child Care Center 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: $46,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,411

For more financial information, click here

What is the mission statement of Holmes Child Care Center Inc?

Holmes Child Care Center Inc's mission is centered around offering subsidized child care services for children aged between 0 and 12 years. Their primary goal is to make quality child care accessible to families who qualify for subsidies. The center receives payments to help cover the costs associated with providing these services. This allows them to support the overall development and care of young children, enabling their parents to focus on other aspects of their lives. The center's subsidized approach ensures that child care remains an affordable option, fostering a supportive environment for the growth and well-being of children in the community.

Who is the CEO of Holmes Child Care Center Inc?

Bridget Cherry is the Secretary of Holmes Child Care Center Inc.

What is the revenue of Holmes Child Care Center Inc?

Holmes Child Care Center Inc's revenue in 2022 was $393,104.

Who are the executives of Holmes Child Care Center Inc and what are their salaries?

The average compensation at Holmes Child Care Center Inc during 2022 was $15,228. There are 12 employees at Holmes Child Care Center Inc.


Here are 8 key members and their salaries:


Alethea Alston (Director/Teacher)
  • Compensation: $122,993
  • Related: $0
  • Other: $0
Sharon Smith (Member/Teacher)
  • Compensation: $48,147
  • Related: $0
  • Other: $0
Brenda Bradsher (Member/Cook)
  • Compensation: $16,700
  • Related: $0
  • Other: $0
Yoland Cross (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Gary (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Cherry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Patterson (Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin Wilson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Holmes Child Care Center Inc?

Holmes Child Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Holmes Child Care Center Inc

Holmes Child Care Center Inc is committed to providing child care services for children aged between 0 and 12 years. At the heart of its mission, the center offers subsidized child care services to qualified students, aiming to alleviate some of the financial burden associated with child care. By offering these subsidies, Holmes Child Care Center Inc strives to make quality child care accessible to a broader range of families. This mission is essential in fostering a supportive environment for young learners, allowing them to grow and develop in a nurturing setting while their parents pursue their own endeavors.

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Impact




October, 2024

Holmes Child Care Center Inc significantly impacts the Chapel Hill community by providing essential child care services for students aged 0-12 years. By offering subsidized care, the center ensures that families have access to affordable child care options, allowing parents to pursue education and employment opportunities without the constant worry of child care costs.

This support is particularly vital for low-income families, as it helps alleviate financial stresses and enables children to benefit from a structured environment conducive to learning and social development. Additionally, the center plays a critical role in fostering early childhood development, contributing to better educational outcomes for children as they grow. By nurturing young minds from a foundational age, Holmes Child Care Center Inc not only supports individual families but also strengthens the community as a whole.




This information is meant to be a general summary of Holmes Child Care Center 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
$393,104 (2022)
Expenses
$309,361 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $133,396
  • Gross Receipts: $393,104

Assets and Liabilities:

  • Total Assets: $197,673
  • Total Liabilities: $70,612
  • Net Assets: $127,061

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Programs

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

Subsidized payment for child care

Revenue

$46,663

Organization Details

Founding Year

1944

Principal Officer

Bridget Cherry

Main Address

PO Box 1168, Chapel Hill, NC, 27510

NTEE Category

Code: P33Z - Human services

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