nonprofit logo

Multi-Cultural Development Center

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

EIN: 870735746 ✦ Bossier city, LA ✦ Designated as a 501(c)(3)

Overview

What is Multi-Cultural Development Center?

The Multi-Cultural Development Center is a nonprofit organization situated in Bossier City, Louisiana. Its primary focus includes catering to the needs of both children and families in the community. Through its Child Care Development Program, the center offers high-quality childcare services to infants and children, ensuring their growth and development in a nurturing environment. Furthermore, the organization operates a Housing Counselling Agency, which extends vital financial assistance to low to moderate income clients. This initiative includes providing credit counseling, budgeting classes, default home buyer courses, and instruction in financial literacy. By offering these programs, the Multi-Cultural Development Center empowers families to secure stable housing and improve their overall financial well-being.


Is Multi-Cultural Development Center legitimate?

Multi-Cultural Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Multi-Cultural Development Center 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $667,384

For more financial information, click here


What is the mission statement of Multi-Cultural Development Center?
Who is the CEO of Multi-Cultural Development Center?
What is the revenue of Multi-Cultural Development Center?
Who are the executives of Multi-Cultural Development Center and what are their salaries?
Where can I find the form 990 for Multi-Cultural Development Center?

Mission Statement of Multi-Cultural Development Center

The Multi-Cultural Development Center is dedicated to serving two primary missions. Firstly, it operates a Child Care Development Program, which is committed to providing high-quality childcare services to infants and children. Secondly, the organization runs a Housing Counseling Agency, designed to assist low to moderate income individuals by offering credit counseling, budgeting classes, default home buyer courses, and financial literacy training. This comprehensive approach aims to empower its clients by equipping them with the necessary skills to manage their finances and achieve the dream of homeownership.

Impact

This information is meant to be a general summary of Multi-Cultural Development Center. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Multi-Cultural Development Center has a significant impact in Bossier City, LA, by providing essential services to the community. Its Child Care Development Program offers childcare services to infants and children, supporting working parents and ensuring the well-being of young ones. Additionally, its housing counseling agency plays a crucial role in empowering low to moderate-income clients by offering classes on credit, budgeting, home buying, and financial literacy.

Through these programs, the Multi-Cultural Development Center contributes to the overall well-being and stability of families in the community. By addressing the needs of both children and adults, the center plays a vital role in supporting families to thrive and succeed.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $1,916,984
  • Gross Receipts: $1,916,984

    • Assets and Liabilities:
  • Total Assets: $702,431
  • Total Liabilities: $1,449,071
  • Net Assets: -$746,640
  • Programs

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

    DAYCARE INCOME

    Revenue

    $1,669,322

    MCDC HOUSING

    Revenue

    $157,662

    PPP LOAN FORGIVENESS

    Revenue

    $90,000

    Organization Details

    Founding Year

    2005

    Principal Officer

    Sharon L Mccarty

    Main Address

    935 EATMAN STREET, BOSSIER CITY, LA, 711113971

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Multi-Cultural Development Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.