Dime

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

EIN: 853722205 ✦ Matthews, NC ✦ Designated as a 501(c)(3)

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Overview

What is Dime?

Dime is a nonprofit organization that focuses on identifying, mentoring, and developing minority high school students, preparing them for potential careers in the investment management industry. By offering investment-related education, they aim to equip these students with essential concepts. As a testament to their success, twelve students have completed the Level 2 investment training curriculum. Dime's mission is to provide these young individuals with the necessary tools and knowledge to excel in this field.


Official website here: www.dime-program.org

Is Dime legitimate?

Dime is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dime submitted a form 990EZ, 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: $65,600

For more financial information, click here


Official website here: www.dime-program.org

What is the mission statement of Dime?

Dime's mission is focused on identifying, mentoring, and developing minority high school students for potential careers within the investment management industry. By providing them with investment-related education, the organization aims to equip these students with the necessary knowledge. The organization successfully completed a Level 2 investment training curriculum with twelve students, furthering its mission to prepare these individuals for future opportunities in the field.


Official website here: www.dime-program.org

What is the revenue of Dime?

Dime's revenue in 2024 was $352,831.


Official website here: www.dime-program.org

Who are the executives of Dime and what are their salaries?

The average compensation at Dime during 2024 was $21,867. There are 3 employees and 11 volunteers at Dime.

Here are 7 key members and their salaries:


Josean Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Verano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Rorie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dion Woods (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nimisha Srivastava (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milena Humplik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Richter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dime-program.org

Where can I find the form 990 for Dime?

Dime's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.dime-program.org

Learn more at the official website: www.dime-program.org

Mission Statement of Dime

Dime, an organization dedicated to its mission, focuses on identifying, mentoring, and developing minority high school students. Their primary goal is to prepare these students for potential career opportunities within the investment management industry. Furthermore, Dime educates these students on various investment-related concepts. As a result of their efforts, twelve students successfully completed Level 2 investment training curriculum, demonstrating their growth and development under Dime's guidance.

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Impact




October, 2024

Dime significantly impacts minority high school students by providing them with essential mentorship and education in the investment management industry. Through structured training programs, such as the Level 2 investment training curriculum, Dime equips these students with key investment knowledge and practical skills that enhance their career prospects. By focusing on underrepresented groups, Dime not only fosters personal growth and professional readiness but also aims to diversify the investment management field. This program helps bridge the gap in access to resources and opportunities, empowering a new generation of minority leaders in finance and related sectors.




This information is meant to be a general summary of Dime. 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
$352,831 (2024)
Expenses
$321,162 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,583
  • Gross Receipts: $352,831

Assets and Liabilities:

  • Total Assets: $86,226
  • Total Liabilities: $0
  • Net Assets: $86,226

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Organization Details

Principal Officer

Dion Woods

NTEE Category

Code: B80 - Education

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