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Richfield Latch Key Child Care Center Inc.

Richfield Latch Key Child Care Center Inc.

Richfield, MN 55423
Tax ID41-1383145

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About this organization

Revenue

$1,161,887

Expenses

$1,388,737

Mission

Provide quality and affordable child care services.

About

Provide child care services for approximately 400 children.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “Provide quality and affordable child care services.”.

When outlining its functions, they were explained as: “Provide quality and affordable child care services.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as MN.
  • As of 2020, the non-profit's form reports a total of 55 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$226,850.
  • The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
  • The organization has 13 independent voting members.
  • The organization was formed in 1980.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $1,049,659 in salary, compensation, and benefits to its employees.
  • The organization pays $8,424 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.

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