Lake Union Child Care

Hutch Kids Child Care Center

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

EIN: 911518629 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Lake Union Child Care?

Lake Union Child Care, identified as Hutch Kids Child Care Center, is a nonprofit organization situated in Seattle, Washington. Their primary mission is to offer on-site childcare services to the families of Fred Hutchinson Cancer Research Center, Seattle Cancer Care Alliance, and The University of Washington, as well as to the broader community. Their approach to childcare emphasizes the uniqueness and individuality of each child, fostering self-confidence, spontaneity, curiosity, and self-discipline to support their social and emotional growth. Activities are meticulously planned to promote development in all domains: cognitive, physical, social, and emotional. Routines and expectations are established to instill a sense of confidence in children for their future endeavors. The center values the child in the context of their family, community, and culture, aiming to enhance their sense of dignity and self-worth. During the 2021-2022 fiscal year, the center provided childcare services to 143 children, with a team of 63 dedicated employees.


Official website here: www.hutchkids.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 92% (Four-Star out of Four Star rating)

Lake Union Child Care has achieved a commendable Four-Star rating from Charity Navigator, indicating strong accountability and financial health. This high score is based entirely on their accountability and finance metrics, reflecting the organization’s commitment to transparency and responsible management of resources.

The nonprofit's strengths include having a fully independent board, a robust financial oversight committee, and comprehensive policies governing conflicts of interest and document retention. Their program expense ratio is particularly noteworthy at 80.70%, implying that a significant portion of their funds is directed toward their core mission and programs.

While the organization shows strong financial practices, their liabilities to assets ratio of 55.72% suggests that they have a moderate level of debt relative to their assets. This may require ongoing attention to ensure sustainability. Overall, Lake Union Child Care emerges as a well-managed organization dedicated to its mission with effective governance structures in place.


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

Is Lake Union Child Care legitimate?

Lake Union Child Care is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Union Child Care 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: $124,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,177,973

For more financial information, click here


Official website here: www.hutchkids.org

What is the mission statement of Lake Union Child Care?

Lake Union Child Care's mission, as outlined by Hutch Kids Child Care Center, is to offer high-quality on-site child care services to the families of employees from Fred Hutchinson Cancer Research Center, Seattle Cancer Care Alliance, and The University of Washington, along with their partners and the wider community. The program emphasizes the unique qualities of each child, fostering self-confidence, spontaneity, and curiosity, which contribute to their social and emotional growth and well-being. Activities are planned to promote development in all domains, including cognitive, physical, social, and emotional. Routines and expectations are established to instill confidence in the child's current and future endeavors. The child is viewed within the context of their family, community, and culture to uphold their sense of dignity and self-worth. During the 2021-2022 fiscal year, Hutch Kids Child Care center catered to 143 children.


Official website here: www.hutchkids.org

Who is the CEO of Lake Union Child Care?

Shannon Nagy is the Executive Director of Lake Union Child Care.


Official website here: www.hutchkids.org

What is the revenue of Lake Union Child Care?

Lake Union Child Care's revenue in 2022 was $3,330,038.


Official website here: www.hutchkids.org

Who are the executives of Lake Union Child Care and what are their salaries?

The average compensation at Lake Union Child Care during 2022 was $36,541. There are 63 employees and 15 volunteers at Lake Union Child Care.


Here are 16 key members and their salaries:


Shannon Nagy (Executive Director)
  • Compensation: $114,855
  • Related: $0
  • Other: $12,409
Meghan Koch (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristin Gordon-Maclean (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Welch-Reardon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Barry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Minoo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amitabha Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Wong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Larkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Bloom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lexi Harlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Young-Dudakov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Ladd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Waltar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hutchkids.org

Where can I find the form 990 for Lake Union Child Care?

Lake Union Child Care's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hutchkids.org

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

Mission Statement of Lake Union Child Care

Lake Union Child Care, through its Hutch Kids Child Care Center, is committed to delivering top-notch, on-site child care services to the families of Fred Hutchinson Cancer Research Center, Seattle Cancer Care Alliance, The University of Washington, their partners, and the wider community. The center's mission is geared towards providing quality care that caters to each child's individuality and uniqueness, fostering qualities such as confidence, spontaneity, and curiosity. The curriculum is meticulously planned to promote growth and development in various domains, including cognitive, physical, social, and emotional, thereby aiding in the child's social and emotional development.

Routines and expectations are established to create an environment that bolsters the child's confidence, setting the stage for their future endeavors. Lake Union Child Care recognizes the importance of the child's family, community, and culture, and incorporates this understanding into their approach to ensure the child develops a strong sense of dignity and self-worth. During the 2021-2022 fiscal year, Lake Union Child Care's Hutch Kids Child Care center served 143 children, demonstrating their dedication to providing high-quality child care services.

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Impact




July, 2024

Lake Union Child Care, known as Hutch Kids Child Care, has a significant impact on the community by providing high-quality on-site child care services for employees of the Fred Hutchinson Cancer Research Center and the broader community in Seattle, WA. The program focuses on nurturing the individuality and unique qualities of each child, fostering self-confidence, curiosity, and social-emotional well-being.

In the 21-22 fiscal year, Lake Union Child Care served 143 children, offering a supportive environment that encourages growth and development in various domains including cognitive, physical, social, and emotional. By recognizing the importance of family, community, and culture in a child's life, Lake Union Child Care helps to promote dignity and self-worth in the children it serves.

Through its mission to provide quality child care services, Lake Union Child Care contributes to the well-being of families and supports the continued work of Fred Hutchinson Cancer Research Center and its partners.




This information is meant to be a general summary of Lake Union Child Care. 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
$3,330,038 (2022)
Expenses
$3,221,121 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,044
  • Program Service Revenue: $3,158,824
  • Gross Receipts: $3,330,038

Assets and Liabilities:

  • Total Assets: $1,205,199
  • Total Liabilities: $500,130
  • Net Assets: $705,069

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Programs

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

Child Care Program

Revenue

$3,094,599

Supplemental Programs

Revenue

$64,225

Organization Details

Founding Year

1990

Principal Officer

Shannon Nagy

Main Address

1210 Valley Street, Seattle, WA, 98109

NTEE Category

Code: Z99Z - Unknown

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