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Northwest Tennessee Edc

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

EIN: 620729622 ✦ Dresden, TN ✦ Designated as a 501(c)(3)

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Overview

What is Northwest Tennessee Edc?

Northwest Tennessee EDc, located at 231 South Wilson Street, Dresden, Tennessee, is a community-based nonprofit organization with a mission to help eliminate poverty. They specialize in providing Head Start services to economically disadvantaged children. Their team of 316 employees work tirelessly to create opportunities for community development. While their primary focus is on education, they go beyond just academics, aiming to uplift families and support their overall well-being as they work towards sustainable poverty alleviation.


Official website here: www.nwcommunityaction.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Northwest Tennessee Economic Development Corporation has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization boasts an impressive accountability score of 96%, reflecting solid governance practices such as having 100% independent board members and a robust audit and oversight framework. Their financial statements are well-managed, with no material diversion of assets reported, which enhances their credibility.

The nonprofit demonstrates an exemplary commitment to transparency, having established key policies including conflict of interest, whistleblower, and document retention. This level of diligence in governance is further supported by their effective communication of board meeting minutes, ensuring stakeholders are informed of their activities and decisions.

Financially, Northwest Tennessee Edc allocates a significant 97.01% of its expenses towards programs, showcasing a strong focus on fulfilling its mission. While the organization appears to be well-structured and financially sound, ongoing evaluation of their impact and outreach could further strengthen their effectiveness and community presence.


This AI summary has been generated from information found on Charity Navigator.

Is Northwest Tennessee Edc legitimate?

Northwest Tennessee Edc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Tennessee Edc 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: $5,923,048

For more financial information, click here


Official website here: www.nwcommunityaction.org

What is the mission statement of Northwest Tennessee Edc?

Northwest Tennessee Edc is a community-based organization dedicated to reducing poverty through collective action. Its mission is geared towards helping economically disadvantaged individuals and, specifically, children, by providing them with essential resources. One of their key initiatives is a child education program, which offers Head Start services. This program aims to prepare children from economically disadvantaged backgrounds for success in school and beyond, thus contributing to a more equitable society. Additionally, the organization's collaborative approach to addressing poverty through community action allows it to address various aspects of the issue and work towards sustainable solutions.


Official website here: www.nwcommunityaction.org

Who is the CEO of Northwest Tennessee Edc?

Cheryl Oglesby-Townes is the Headstart Di of Northwest Tennessee Edc.


Official website here: www.nwcommunityaction.org

What is the revenue of Northwest Tennessee Edc?

Northwest Tennessee Edc's revenue in 2022 was $20,881,708.


Official website here: www.nwcommunityaction.org

Who are the executives of Northwest Tennessee Edc and what are their salaries?

The average compensation at Northwest Tennessee Edc during 2022 was $18,744. There are 316 employees and 45 volunteers at Northwest Tennessee Edc.


Here are 6 key members and their salaries:


Rakaya Humphreys (Headstart Di)
  • Compensation: $91,370
  • Related: $0
  • Other: $10,890
Tracy Webb (Facilities A)
  • Compensation: $77,108
  • Related: $0
  • Other: $9,744
Mitzi Gilliam (Education Ma)
  • Compensation: $76,941
  • Related: $0
  • Other: $9,744
Michael White (It Administr)
  • Compensation: $76,370
  • Related: $0
  • Other: $9,744
Cheryl Oglesby-Townes (Ex. Director)
  • Compensation: $76,547
  • Related: $0
  • Other: $9,120
See Attached (See Attached)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nwcommunityaction.org

Where can I find the form 990 for Northwest Tennessee Edc?

Northwest Tennessee Edc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nwcommunityaction.org

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

Mission Statement of Northwest Tennessee Edc

Northwest Tennessee EDc, a community-based organization, is on a mission to eliminate poverty through collective efforts. This nonprofit is dedicated to making a difference in the lives of economically disadvantaged individuals, especially children, by providing essential educational services.

The organization's primary focus is on implementing Head Start programs designed to prepare young children from low-income families for success in school and in life. By offering these services, Northwest Tennessee EDc aims to bridge the gap between economic disparities and ensure equal opportunities for every child.

In their ongoing efforts to eradicate poverty, Northwest Tennessee EDc strives to create a supportive environment where children can learn, grow, and thrive. Their commitment extends beyond the classroom, as they also aim to empower families by offering resources and guidance to help them overcome the challenges they face.

Through their community-driven approach, Northwest Tennessee EDc fosters a sense of unity and collaboration, bringing together individuals and resources to make a lasting impact on the lives of those in need. By addressing the root causes of poverty and investing in the next generation, this organization is paving the way for a brighter future for all.

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Impact




October, 2024

Northwest Tennessee EDC plays a crucial role in combating poverty and fostering community development in the region. By implementing initiatives aimed at improving education for economically disadvantaged children, it directly contributes to breaking the cycle of poverty. The Child Education Program, designed to provide Head Start services, empowers families and equips children with the foundational skills necessary for academic success. This focus on early childhood education not only benefits the individual children enrolled but also enhances overall community welfare by promoting a more educated population. Through its targeted community action efforts, Northwest Tennessee EDC strengthens local resilience, improves access to essential services, and ultimately helps uplift the overall socio-economic landscape of Dresden, TN, and its surrounding areas.




This information is meant to be a general summary of Northwest Tennessee Edc. 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
$20,881,708 (2022)
Expenses
$20,479,236 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $140
  • Program Service Revenue: $18,665
  • Gross Receipts: $20,881,708

Assets and Liabilities:

  • Total Assets: $3,409,828
  • Total Liabilities: $1,369,351
  • Net Assets: $2,040,477

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$18,665

Organization Details

Founding Year

1965

Principal Officer

Cheryl Oglesby-Townes

Main Address

231 SOUTH WILSON STREET, DRESDEN, TN, 38225

NTEE Category

Code: S200 - Community improvement

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