Ocean Community Economic Action Now Inc
- Assets
- $23.4m
- Revenue
- $15.8m
- Investments
- $0.0
- Employees
- 148
- Location
- Toms River, NJ
- Founding
- 02/1967
- Data as of
- 12/2023
- EIN
- 22-1804345
Organization Overview
Ocean Community Economic Action Now Inc is located in Toms River, NJ. The organization was established in 1967. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2023, Ocean Community Economic Action Now Inc employed 148 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Community Economic Action Now 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 12/2023, Ocean Community Economic Action Now Inc generated $15.8m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $14.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ocean Community Economic Action Now Inc has awarded 108 individual grants totaling $22,286,057. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATION OF FEDERAL HEAD START PROGRAM, WEATHERIZATION PROGRAMS, RENTAL ASSISTANCE PROGRAMS AND OTHER ASSISTANCE TO LOW INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START INCLUDES THE HEAD START CHILD DEVELOPMENT PROGRAM, WHICH IS A COMPREHENSIVE PRESCHOOL PROGRAM FOR CHILDREN AGES 3-5 YEARS OLD FROM DISADVANTAGED FAMILIES. ELIGIBILITY IS BASED ON INCOME GUIDELINES FROM THE FEDERAL GOVERNMENT, AS WELL AS THE HEAD START CENTERS PROGRAM, WHICH IS A IS A COMPREHENSIVE PRESCHOOL PROGRAM FOR LOW-INCOME 3-5 YEAR OLDS THAT PROVIDES SERVICES IN FIVE MAJOR AREAS: EDUCATION, HEALTH, SOCIAL SERVICES, PARENT INVOLVEMENT, AND SPECIAL NEEDS. HEAD START PROGRAMS NOT ONLY ENHANCE THE GROWTH AND DEVELOPMENT OF CHILDREN, THEY PROMOTE FAMILY SELF-SUFFICIENCY AND DEVELOP COMMUNITY PARTNERSHIPS. O.C.E.A.N., INC. CURRENTLY OPERATES HEAD START PROGRAMS AT SIX LOCATIONS THROUGHOUT OCEAN COUNTY IN BRICK, BERKELEY, BARNEGAT, TOMS RIVER, MANCHESTER AND THE LEAP DELEGATE CENTER IN LAKEWOOD.
OTHER PROGRAMS INCLUDE HOME ENERGY ASSISTANCE PROGRAMS, AFFORDABLE HOUSING, FIRST-TIME HOMEBUYERS, AND MORE.
WEATHERIZATION PROGRAMS INCLUDE THE LIHEAP AND USF (LOW INCOME HOME ENERGY ASSISTANCE AND UNIVERSAL SERVICE FUND) - DESIGNED TO ADDRESS THE NEEDS OF COST-BURDENED, LOW-INCOME OCEAN COUNTY RESIDENTS, UNABLE TO AFFORD THE ADDED EXPENSE OF REPAIRING OR REPLACING ITEMS IN THEIR HOME THAT IF REPAIRED OR REPLACED, COULD HELP THEM REDUCE OR ELIMINATE HIGH ENERGY BILLS. ELIGIBILITY IS BASED ON INCOME GUIDELINES FROM THE FEDERAL GOVERNMENT. PROGRAM SERVICES INCLUDE, ENERGY AUDITS, BROKEN GLASS REPAIR, WEATHER-STRIPPING AND/OR CAULKING OF DOORS/WINDOWS, INSULATING ATTICS AND CRAWLSPACES, REPLACEMENT OF DOORS AND WINDOWS, SKIRTING MOBILE HOMES, HOT WATER HEATER JACKETS, FURNACE REPAIR OR REPLACEMENT, HOT WATER HEATER REPAIR OR REPLACEMENT.
THE COMMUNITY SERVICES BLOCK GRANT CONSISTS OF MANY PROGRAMS ADMINISTERED BY OCEAN, INC. AND ITS SUBRECIPIENTS AND INCLUDE BUT ARE NOT LIMITED TO, SUBSTANCE ABUSE COUNSELING AND TREATMENT, PROVIDING AFFORDABLE HOUSING, FOOD, AND SCHOLARSHIPS TO LOW-INCOME INDIVIDUALS, STEM TRAINING IN THE WOODBINE SCHOOL DISTRICT, PROVIDE TECHNOLOGICAL ENHANCEMENTS TO LOW INCOME INDIVIDUALS, PROVIDING SUMMER DAY CAMPS, PROVIDING ON THE JOB TRAINING, PROVIDING INTENSIVE CASE MANAGEMENT, AND PROVIDING A SENIOR ISOLATION TRANSPORTATION PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Channell Wilkins President/ceo | Officer | 40 | $220,623 |
Beth Hudson Chief Financial Officer | Officer | 40 | $121,778 |
Margaret Saunders VP Of Children's Services | 40 | $120,608 | |
Sherrie Huff VP Of Human Resources | 1 | $119,020 | |
Anita Woolery Chairperson | OfficerTrustee | 4 | $0 |
Glynis Jean Wray Vice Chairperson | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dwyer Refrigeration Weatherization Contractor | 12/30/20 | $123,712 |
Blake Scholey Weatherization Contractor | 12/30/20 | $105,400 |
Berge Hvac Weatherization Contractor | 12/30/20 | $102,431 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,495,518 |
| All other contributions, gifts, grants, and similar amounts not included above | $553,283 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,048,801 |
| Total Program Service Revenue | $1,312,180 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $210,942 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,757,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,081,636 |
| Grants and other assistance to domestic individuals. | $94,307 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $365,810 |
| Other salaries and wages | $4,696,180 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $954,482 |
| Payroll taxes | $665,507 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39,507 |
| Fees for services: Accounting | $81,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $207,841 |
| Advertising and promotion | $0 |
| Office expenses | $1,542,264 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,955,452 |
| Travel | $320,931 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $214,129 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $551,221 |
| Insurance | $131,278 |
| All other expenses | $24,430 |
| Total functional expenses | $13,986,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,063,823 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,940,674 |
| Accounts receivable, net | $53,315 |
| 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 | $88,904 |
| Net Land, buildings, and equipment | $19,336,058 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $955,100 |
| Total assets | $23,437,874 |
| Accounts payable and accrued expenses | $1,196,473 |
| 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 | $9,565,115 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $675,102 |
| Total liabilities | $11,436,690 |
| Net assets without donor restrictions | $12,001,184 |
| Net assets with donor restrictions | $0 |
| 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 | $23,437,874 |
Grants Awarded
Over the last fiscal year, Ocean Community Economic Action Now Inc has awarded $1,072,386 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SOLUTIONS TO END POVERTY SOON PURPOSE: TENANT OUTREACH, EDUCATION PROGRAM | $15,000 |
EZ RIDE PURPOSE: SENIOR TRANSPORTATION | $60,000 |
IDEAL EDUCATION PURPOSE: COVID-19 MOTEL ASSISTANCE PROGRAM | $39,124 |
LAKEWOOD ECONOMIC ACTION PROGRAM INC PURPOSE: HEADSTART PROGRAM | $9,766 |
LITTLE EGG HARBOR BOARD OF EDUCATION PURPOSE: HEADSTART PROGRAM | $543,110 |
CAPE ASSIST PURPOSE: SUBSTANCE ABUSE PROGRAM | $135,481 |