FINANCIAL WELLNESS INSTITUTE INC | CREDITWORTHY

DEPTFORD, NJ | Gloucester County
Community Services
FINANCIAL WELLNESS INSTITUTE INC | CREDITWORTHY
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

FINANCIAL WELLNESS INSTITUTE INC | CREDITWORTHY
75-3109240
767 STEEPLECHASE CT
DEPTFORD, NJ 08096
Gloucester County
(856) 251-0311

info@financialwellnessinstitute.org
Mission Statement info

STRENGTHEN INDIVIDUALS AND FAMILIES AND EMPOWER COMMUNITIES TOWARD ECONOMIC STABILITY

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
2003
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
B60

B - Educational Institutions

Adult Education

Institutions outside the formal system of regular schools, colleges, universities and technical/trade schools that provide opportunities for adults to develop basic learning and communication skills, complete their high school education, expand their knowledge in a particular field or discipline or develop skills in a new area of interest.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
611699
All Other Miscellaneous Schools and Instruction
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • College Students
  • Disabled
  • Economically Disadvantaged
  • Entrepreneurs
  • Families
  • First-Time Homebuyers
  • General Public
  • People Needing Credit Counseling
  • Military
  • Minority Individuals
  • Senior Citizens
  • Small Businesses
  • Underbanked or Unbanked
  • Veterans
  • Women
CRA Income Characteristics info
    This nonprofit has claimed its profile but has not yet provided this information.

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
TO YOUR FINANCIAL FUTURE (TYFF)
The To Your Financial Future program is focused on strengthening the lives of unbanked and disadvantaged individuals by providing them with financial literacy coaching and tools. The program is a multi-step process that encourages clients to make both short- and long-term commitments to financial literacy, including budgeting and expense reduction. The goal is to move vulnerable families to economic stability.
Targeted Clients info

    Not reported

CRA Income Characteristics info

    Not reported

HOUSING OPPORTUNITIES MAKE ECONOMIC SENSE (HOMES)
The HOMES program is focused on providing housing stability to LMI working families. Families must complete both pre- and post-housing education and counseling to receive assistance with down payment, closing costs or rent. In addition, this program creates workforce housing by acquiring foreclosed, REO or zombie properties and rehabbing them into affordable housing units for purchase or rental.
Targeted Clients info

    Not reported

CRA Income Characteristics info

    Not reported

CAREER COACHING & VOCATIONAL PLANNING
Financial Wellness Institute offers career coaching and vocational planning services to LMI individuals, the newly employed, working poor, young workers, displaced homemakers, battered women and racial/ethnic minorities. Clients receive comprehensive career coaching to support them on their path to employment and economic stability.
Targeted Clients info

    Not reported

CRA Income Characteristics info

    Not reported

Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$292.7K
Revenue
$292.7K
Assets
$210.1K

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
2003-10
Deductibility Status info
Deductible
Last Tax Filing info
2022
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-12
XML
990
Tax period ending in
2021-12
E-File
990
XML
990
Tax period ending in
2020-12
E-File
990
XML
990
Tax period ending in
2019-12
PDF
990-EZ
E-File
990-EZ
XML
990-EZ
Tax period ending in
2018-12
PDF
990-EZ
E-File
990-EZ
XML
990-EZ
Tax period ending in
2017-12
E-File
990-EZ
XML
990-EZ
Tax period ending in
2016-12
E-File
990-EZ
XML
990-EZ

Nonprofit Location

Physical Address info
767 STEEPLECHASE CT
DEPTFORD, NJ 08096
Gloucester County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
15804
MSA/MD info
34
State info
015
County info
5011.02
Tract info
Middle
Income Level info
Core-Based Statistical Area info
37980 - Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Combined Statistical Area info
428 - Philadelphia-Reading-Camden, PA-NJ-DE-MD
Metropolitan Division info
15804 - Camden, NJ
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 35.02%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • NJ - Atlantic County
  • NJ - Burlington County
  • NJ - Camden County
  • NJ - Cumberland County
  • NJ - Gloucester County
  • NJ - Salem County
  • PA - Delaware County
  • PA - Philadelphia County

Market Data

Census Tract County
5011.02 Gloucester County
Population
Total Population 7,076 302,621
Total Households 2,682 109,996
Income
Median Family Income (Census*) $120,489 $99,668
Median Family Income (2023 FFIEC est.) $119,800 $119,800
Tract Income Percentage 119.31% N/A
Below Poverty Level 2.7% 7.5%
Unemployment Level 3.4% 5.2%
Housing
Total Housing Units 2,896 117,041
Total Owner-Occupied Units 64.2% 79.7%
Total Renter-Occupied Units 28.5% 20.3%
Total Vacant Units 7.4% 3.9%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

12
Total Voting Members
in Governing Body info
12
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Wanda Hardy
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Wanda Hardy
President & CEO
wphardy@financialwellnessinstitute.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.