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Nido Coworking & Childcare

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

EIN: 823833368 ✦ Hixson, TN ✦ Designated as a 501(c)(3)

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Overview

What is Nido Coworking & Childcare?

Nido Coworking & Childcare is a nonprofit organization located in Hixson, Tennessee, with an address at 1626 Sea Cove Lane. Their primary mission is to provide shared office space and on-site childcare, thereby assisting parents in achieving a harmonious work-life balance and fostering sustainable career paths. In 2022, the organization was unable to operate due to the difficulty in finding a new location that met their requirements. Despite this setback, they are optimistic about reopening in 2023. Throughout their operations, Nido Coworking & Childcare has worked diligently to revamp their business plan and budgets for reopening, collaborating with a consultant in the process. The interim executive director also played a crucial role in securing a new location for the organization.


Official website here: www.nidocoworking.org/

Is Nido Coworking & Childcare legitimate?

Nido Coworking & Childcare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nido Coworking & Childcare 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: $36,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nidocoworking.org/

What is the mission statement of Nido Coworking & Childcare?

Nido Coworking & Childcare's mission is centered around providing shared office space alongside on-site childcare services. This unique approach aims to assist parents in achieving a harmonious work-life balance and fostering sustainable career paths. By offering this integrated solution, Nido Coworking & Childcare seeks to support parents in their professional pursuits while ensuring the care and well-being of their children. Despite facing challenges in 2022, the organization continues to hope for a reopening in 2023.


Official website here: www.nidocoworking.org/

Who is the CEO of Nido Coworking & Childcare?

Margaret A Powell is the Executive Di of Nido Coworking & Childcare.


Official website here: www.nidocoworking.org/

What is the revenue of Nido Coworking & Childcare?

Nido Coworking & Childcare's revenue in 2022 was $644.


Official website here: www.nidocoworking.org/

Who are the executives of Nido Coworking & Childcare and what are their salaries?


There is 1 key member and their salary:


Margaret A Powell (Executive Di)
  • Compensation: $36,400
  • Related: $0
  • Other: $0


Official website here: www.nidocoworking.org/

Where can I find the form 990 for Nido Coworking & Childcare?

Nido Coworking & Childcare's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nidocoworking.org/

Learn more at the official website: www.nidocoworking.org/

Mission Statement of Nido Coworking & Childcare

Nido Coworking & Childcare is an organization dedicated to supporting parents in achieving a harmonious work-life balance and fostering sustainable career paths. They achieve this by providing shared office space, coupled with on-site childcare services. This unique setup allows parents to focus on their professional pursuits without compromising their family responsibilities. By offering this service, Nido Coworking & Childcare empowers parents to build fulfilling careers while ensuring their children's well-being is taken care of. Despite facing challenges in 2022, the organization is hopeful to reopen in 2023, continuing its mission to assist parents in striking a balance between their careers and family life.

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Impact




October, 2024

Nido Coworking & Childcare plays a crucial role in supporting parents by providing shared office space that includes on-site childcare. This unique setup enables parents to balance their professional responsibilities with the needs of their children, fostering a healthier work-life integration. By creating an environment where caregivers can work alongside their children, Nido enhances productivity while alleviating the stress often associated with finding quality childcare.

Furthermore, Nido's commitment to helping parents pursue sustainable career paths is significant. By addressing the dual challenges of childcare and professional development, Nido empowers caregivers to maintain their careers while nurturing their families. This holistic approach not only benefits individual families but also contributes to the broader community by promoting workforce participation and economic stability.

Despite facing challenges such as an inability to operate in 2022 due to location constraints, Nido remains determined to reopen in 2023. Ongoing efforts, including board meetings and business plan revamps, underscore a strong commitment to resilience and adaptation in service of their mission. The impact of Nido Coworking & Childcare is profound, as it addresses essential needs in the community while fostering an environment where parents can thrive both at home and in the workplace.




This information is meant to be a general summary of Nido Coworking & Childcare. 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
$644 (2022)
Expenses
$48,381 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $644

Assets and Liabilities:

  • Total Assets: $37,886
  • Total Liabilities: $87,821
  • Net Assets: -$49,935

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Organization Details

Founding Year

2018

Principal Officer

Margaret A Powell

Main Address

1626 SEA COVE LANE, HIXSON, TN, 37343

NTEE Category

Code: P33 - Human services

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