Overview
What is Financial Wellness Institute Inc?
The Financial Wellness Institute Inc, located in Deptford, New Jersey, is a nonprofit organization dedicated to strengthening individuals and families, ultimately empowering communities towards economic stability. They carry out their mission through various programs, such as financial education and economic empowerment, housing support, and small business technical assistance, as well as workforce development and career services. The institute's activities aim to provide individuals and families with the tools and resources necessary for financial security and self-sufficiency. Employing a small team of three, the Financial Wellness Institute Inc is committed to creating a positive impact on their community.
Official website here: www.financialwellnessinstitute.org
Is Financial Wellness Institute Inc legitimate?
Financial Wellness Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Financial Wellness Institute 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: $127,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,319
For more financial information, click here
Official website here: www.financialwellnessinstitute.org
What is the mission statement of Financial Wellness Institute Inc?
The Financial Wellness Institute Inc's mission is centered around strengthening individuals and families, aiming to empower communities towards achieving economic stability. To accomplish this, the institution conducts various programs and provides support. One of these initiatives is financial education and economic empowerment, which aims to equip individuals with the necessary skills and knowledge to manage their finances effectively. Additionally, the Institute offers assistance in housing matters and provides small business technical support and career services through workforce development programs.
Official website here: www.financialwellnessinstitute.org
Who is the CEO of Financial Wellness Institute Inc?
Wanda Hardy is the Ceo of Financial Wellness Institute Inc. The CEO's salary of Financial Wellness Institute Inc is $127,500 and their total compensation is $127,500.
Official website here: www.financialwellnessinstitute.org
What is the revenue of Financial Wellness Institute Inc?
Financial Wellness Institute Inc's revenue in 2022 was $292,709.
Official website here: www.financialwellnessinstitute.org
Who are the executives of Financial Wellness Institute Inc and what are their salaries?
The average compensation at Financial Wellness Institute Inc during 2022 was $47,273. There are 3 employees and 11 volunteers at Financial Wellness Institute Inc.
Here are 12 key members and their salaries (Financial Wellness Institute Inc's CEO's salary is $127,500 and their total compensation is $127,500):
- Compensation: $127,500
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Official website here: www.financialwellnessinstitute.org
Where can I find the form 990 for Financial Wellness Institute Inc?
Financial Wellness Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.financialwellnessinstitute.org
Learn more at the official website: www.financialwellnessinstitute.org
Mission Statement of Financial Wellness Institute Inc
The Financial Wellness Institute Inc is committed to enhancing the economic stability of individuals and families in various communities. Their mission is centered around empowering these communities, fostering a sense of strength and self-reliance among its members. Through their programs and support services, the Institute aims to enable individuals and families to navigate financial challenges and build a solid foundation for their economic well-being.
The Financial Wellness Institute Inc implements several initiatives to achieve this mission. One of their key programs is Financial Education and Economic Empowerment, which aims to equip individuals with the necessary knowledge and skills to manage their finances effectively. This could include budgeting, saving, and investing strategies, as well as understanding credit and debt management.
In addition to financial education, the Institute also offers Housing support services. This could involve helping individuals with housing-related issues, such as finding affordable housing options, negotiating rent, or understanding landlord-tenant laws. The Institute's programs in this area are designed to help individuals secure stable and safe housing, which is a crucial element of financial stability.
Lastly, the Institute provides support for Small Business Technical Support and Workforce Development through Career Services. This could involve providing training and resources for individuals looking to start their own businesses or seeking employment opportunities. By fostering entrepreneurship and career development, the Institute helps individuals become more financially independent and self-sufficient.
In summary, the Financial Wellness Institute Inc's mission is to empower individuals and families towards economic stability. They achieve this by providing financial education, housing support, and small business technical support and career services. Their goal is to equip individuals with the tools and knowledge needed to navigate financial challenges and build a secure future.
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Impact
October, 2024
Financial Wellness Institute Inc significantly enhances economic stability for individuals and families while empowering communities. Through its impactful programs, it focuses on financial education and economic empowerment, enabling individuals to make informed financial decisions that lead to improved financial health.
The organization addresses critical areas such as housing, providing support that helps families secure stable living conditions. Additionally, its offerings in small business technical support and workforce development ensure that community members are equipped with the skills and resources needed for job readiness and entrepreneurial success.
By strengthening the financial capability of individuals, the Financial Wellness Institute fosters a ripple effect that benefits entire communities in Deptford, NJ. This holistic approach not only elevates individual well-being but also cultivates a more economically stable and resilient community.
This information is meant to be a general summary of Financial Wellness Institute 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $103,038
- Gross Receipts: $292,709
Assets and Liabilities:
- Total Assets: $210,091
- Total Liabilities: $202,383
- Net Assets: $7,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract and fee income
Revenue
$24,842
Employee Retention Credit
Revenue
$20,959
Housing fees
Revenue
$56,287
Other
Revenue
$950
Organization Details
Phone
(856) 251-0311Principal Officer
Wanda Hardy
Main Address
PO Box 5656, Deptford, NJ, 08096
NTEE Category
Code: B60 - Education
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