Chicopee Child Development Center Inc
- Assets
- $978.4k
- Revenue
- $822.3k
- Investments
- $0.0
- Employees
- 21
- Location
- Chicopee, MA
- Founding
- 02/1971
- Data as of
- 06/2023
- EIN
- 04-2456912
Organization Overview
Chicopee Child Development Center Inc is located in Chicopee, MA. The organization was established in 1971. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Chicopee Child Development Center Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicopee Child Development Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Chicopee Child Development Center Inc generated $822.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $710.2k during the year ending 06/2023. While expenses have increased by 4.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHICOPEE CHILD DEVELOPMENT CENTER, INC. IS A PRIVATE, NON-PROFIT CENTER DEDICATED TO PROVIDING THE BEST POSSIBLE CARE AND LEARNING OPPORTUNITIES FOR YOUNG CHILDREN IN A CARING AND SAFE ENVIRONMENT. CCDC IS COMMITTED TO PROVIDING QUALITY AND AFFORDABLE CARE AND EDUCATION TO YOUNG CHILDREN. WE ARE MOTIVATED BY THE PHILOSOPHY THAT EACH CHILD IS UNIQUE WITH THEIR OWN SPECIFIC NEEDS, CONCERNS, AND INTERESTS. WE BELIEVE THAT CHILDREN LEARN BEST FROM THEIR ENVIRONMENT. WE BELIEVE OUR CENTER IS A PLACE OF LEARNING ON BOTH FORMAL AND INFORMAL LEVELS WHERE EACH CHILD IS ABLE TO REACH THEIR FULL POTENTIAL. WE NURTURE THE SOCIAL, EMOTIONAL, PHYSICAL, LANGUAGE, AND COGNITIVE GROWTH AND DEVELOPMENT OF ALL CHILDREN BY CAREFULLY DESIGNING AN ENVIRONMENT AND CURRICULUM THAT REFLECTS CHILDREN'S INDIVIDUALITY AND LIFE EXPERIENCES. THE CHILDREN PARTICIPATE IN A SAFE AND STIMULATING ENVIRONMENT, DESIGNED TO FOSTER OPPORTUNITIES TO EXPLORE, CREATE, AND EXPERIMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CARE AND LEARNING OPPORTUNITIES TO APPROXIMATELY 57 YOUNG CHILDREN THROUGHOUT THE YEAR. THE CENTER IS LICENSED FOR 57 SLOTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Trombley Business Admin | Officer | 35 | $60,330 |
Owen Connolly President | OfficerTrustee | 1 | $0 |
Kelly Hosey Treasurer | OfficerTrustee | 1 | $0 |
Susan Grader Secretary | OfficerTrustee | 1 | $0 |
Louie Vezina Director | Trustee | 1 | $0 |
Kathy Picard Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $392,305 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,553 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,858 |
| Total Program Service Revenue | $279,821 |
| Investment income | $640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $822,347 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,330 |
| Compensation of current officers, directors, key employees. | $60,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $432,189 |
| Pension plan accruals and contributions | $12,128 |
| Other employee benefits | $1,817 |
| Payroll taxes | $42,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,014 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,239 |
| Advertising and promotion | $5,168 |
| Office expenses | $11,375 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,185 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,589 |
| Insurance | $2,146 |
| All other expenses | $689 |
| Total functional expenses | $710,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,985 |
| Savings and temporary cash investments | $493,098 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,413 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,416 |
| Net Land, buildings, and equipment | $242,441 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $978,353 |
| Accounts payable and accrued expenses | $45,814 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $45,814 |
| Net assets without donor restrictions | $930,539 |
| Net assets with donor restrictions | $2,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $978,353 |