Overview
What is Hugs Child Care Inc?
Hugs Child Care Inc, based in Conroe, Texas, is a nonprofit organization committed to providing care and education for children while their parents are at work. With a team of 18 dedicated individuals, they offer subsidized services to accommodate varying financial abilities of the parents. In the previous year, they catered to an average of 75 children, ensuring their well-being and growth through educational teaching. The organization, known as Hugs Child Care, operates under the mission of ensuring children's welfare and development during their parents' work hours.
Is Hugs Child Care Inc legitimate?
Hugs Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hugs Child Care 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: $137,059
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,308
For more financial information, click here
What is the mission statement of Hugs Child Care Inc?
Hugs Child Care Inc's mission revolves around providing care and education for children while their parents are at work. The organization serves an average of 75 children annually. Their mission is to ensure that children receive a nurturing environment, combined with educational teaching, during this period. The revenue and expenses of the organization are primarily utilized for the children's care and education. When necessary, they offer subsidies to families based on their financial capacity.
Who is the CEO of Hugs Child Care Inc?
Marsha Gail Parker is the President of Hugs Child Care Inc.
What is the revenue of Hugs Child Care Inc?
Hugs Child Care Inc's revenue in 2022 was $627,679.
Who are the executives of Hugs Child Care Inc and what are their salaries?
The average compensation at Hugs Child Care Inc during 2022 was $16,854. There are 18 employees and 4 volunteers at Hugs Child Care Inc.
Here are 4 key members and their salaries:
- Compensation: $42,000
- Related: $0
- Other: $0
- Compensation: $41,538
- Related: $0
- Other: $0
- Compensation: $24,727
- Related: $0
- Other: $0
- Compensation: $28,794
- Related: $0
- Other: $0
Where can I find the form 990 for Hugs Child Care Inc?
Hugs Child Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hugs Child Care Inc
Hugs Child Care Inc, as its mission statement suggests, is dedicated to providing care and education for children while their parents are at work. This nonprofit organization serves an average of 75 children annually, taking on the responsibility of their nurturing and teaching. The revenue and expenses of Hugs Child Care Inc are primarily utilized for the provision of quality care and education, ensuring a safe and stimulating environment for the children under their charge. Furthermore, the organization acknowledges the financial capabilities of the parents and subsidizes the costs where necessary, ensuring that no child is deprived of the care and education they deserve due to financial constraints.
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Impact
July, 2024
Hugs Child Care Inc has a significant impact on the community by providing essential care and education to children while their parents are at work. Serving an average of 75 children over the last year in Conroe, TX, this organization uses its revenue and expenses to ensure that children receive the necessary support and education during their parents' working hours. By subsidizing costs based on parents' ability to pay, Hugs Child Care Inc ensures that all children, regardless of financial circumstances, have access to quality care and educational opportunities. Their mission of taking care of children with educational teachings fills a crucial need in the community, making a positive impact on both the children and their families.
This information is meant to be a general summary of Hugs Child Care 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.
- Investment Income: $83
- Program Service Revenue: $627,596
- Gross Receipts: $627,679
Assets and Liabilities:
- Total Assets: $250,277
- Total Liabilities: $0
- Net Assets: $250,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NCI Shift 4 Payments
Revenue
$247,984
BakerRipley
Revenue
$225,870
State of Texas Child Care Relief
Revenue
$145,260
Parent Payment Cash
Revenue
$8,482
Organization Details
Founding Year
2008
Phone
(936) 321-4389Principal Officer
Marsha Gail Parker
Main Address
16737 Sprawling Oaks, Conroe, TX, 77385
NTEE Category
Code: P33 - Human services
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