CHICOPEE CHILD DEVELOPMENT CENTER INC

EIN: 042456912 501(c)(3)

CHICOPEE, MA

Total Revenue
$858,403
Total Expenses
$686,295
Total Assets
$1,154,233
Net Assets
$1,104,647
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MA
Principal Officer
LOUIE VEZINA
Phone
4135933942
Tax Period
2023-07-01 to 2024-06-30

CHICOPEE CHILD DEVELOPMENT CENTER INC, founded in 1970, is a small nonprofit that reported $858K in total revenue in fiscal year 2023. The organization ran a surplus of $172K, a strong 20% operating margin.

Mission

OUR GOAL IS TO WORK TOGETHER WITH PARENTS AND FAMILIES TO SUPPORT EACH CHILD'S GROWTH AND DEVELOPMENT. WE STRIVE TO PROVIDE:1. OPPORTUNITIES FOR CHILDREN TO DEVELOP HEALTHY SOCIAL RELATIONSHIPS THROUGH PRO-SOCIAL BEHAVIOR.2. OPPORTUNITIES TO FIND APPROPRIATE WAYS OF EXPRESSING EMOTIONS AND GAINING A POSITIVE ATTITUDE TOWARD LIFE.3. EXPERIENCES IN REAL-LIFE PROBLEM SOLVING AND HANDS-ON LEARNING.4. OPPORTUNITIES FOR EACH CHILD TO DEVELOP THEIR OWN POSITIVE SENSE OF SELF.5. RICH EXPERIENCES OF OPEN-ENDED CREATIVITY THROUGH THE ARTS AND MAKE-BELIEVE PLAY.6. EXPOSURE TO LIFE EXPERIENCES FROM A WIDE VARIETY OF DIVERSE CULTURES AND BACKGROUNDS TO GAIN A BETTER UNDERSTANDING OF THE WORLD.7. EXPANSION OF VERBAL COMMUNICATION SKILLS.8. OPPORTUNITIES TO DEVELOP BEGINNING READING AND WRITING SKILLS.9. EXPERIENCES TO DEVELOP AND REFINE GROSS AND FINE MOTOR SKILLS WHILE USING ALL SENSES IN LEARNING.

Program Service Accomplishments

Program 1
Expenses: $519,786

PROVIDING CARE AND LEARNING OPPORTUNITIES TO APPROXIMATELY 57 YOUNG CHILDREN THROUGHOUT THE YEAR. THE CENTER IS LICENSED FOR 57 SLOTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $589,085
Program Service Revenue $260,945
Investment Income $7,497
Other Revenue $876
TOTAL REVENUE $858,403

Expense Breakdown

Grants Paid $0
Salaries & Benefits $527,483
Fundraising Expenses $0
Program Expenses $519,786
Other Expenses $158,812
TOTAL EXPENSES $686,295

Year-over-Year Comparison

2023 2022 Change
Revenue $858,403 $822,347 +0.0%
Expenses $686,295 $710,221 0.0%
Net Income $172,108 $112,126 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
19
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$71,091
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE TROMBLEY BUSINESS ADMIN 35.00
Officer
$67,749 $3,342 $71,091
LOUIE VEZINA President 1.00
Officer Director
$0 $0 $0
KATE BURKE Treasurer 1.00
Officer Director
$0 $0 $0
SUSAN GRADER Secretary 1.00
Officer Director
$0 $0 $0
ABDUL ADDY Director 1.00
Director
$0 $0 $0
OWEN CONNOLLY Director 1.00
Director
$0 $0 $0
JANET ADDY Vice President 1.00
Director
$0 $0 $0
BRITTANY GARZIANO Director 1.00
Director
$0 $0 $0
ANDREW POTTS Director 1.00
Director
$0 $0 $0
REBECCA HOULE Director 1.00
Director
$0 $0 $0
KELLY HOSEY BUSINESS ADMIN 35.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $858,403 $686,295 $1,154,233 $172,108
2023 $822,347 $710,221 $978,353 $112,126
2022 $802,486 $593,918 $858,416 $208,568
2021 $404,235 $422,105 $648,899 $-17,870
2020 $533,265 $463,549 $665,142 $69,716
2019 $582,485 $585,326 $565,405 $-2,841
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