Center For Credentialing And Education Inc
- Assets
- $13.1m
- Revenue
- $10.6m
- Investments
- $5.9m
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 04/1996
- Data as of
- 06/2021
- EIN
- 56-1939556
Organization Overview
Center For Credentialing And Education Inc is located in Greensboro, NC. The organization was established in 1996. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Credentialing And Education Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Center For Credentialing And Education Inc generated $10.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $6.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE PROFESSIONAL EXCELLENCE WORLDWIDE THROUGH CREDENTIALING, ASSESSMENT AND BUSINESS SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CCE PROVIDES PSYCHOMETRIC SERVICES TO CERTIFICATION ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, AND GOVERNMENT AGENCIES. SERVICES INCLUDE EXAMINATION DEVELOPMENT, ADMINISTRATION, SCORING, ANALYSIS, AND REPORTING.
CCE PROVIDES MANAGEMENT SERVICES TO PROFESSIONAL ASSOCIATIONS AND GOVERNMENTAL LICENSING BOARDS. SERVICES RANGE FROM SINGLE PROCESS MANAGEMENT TO FULL SERVICE HEADQUARTERS ADMINISTRATION.
CCE PROVIDES CERTIFICATION AND TRAINING IN CAREER DEVELOPMENT, COACHING, HUMAN SERVICES, AND BEHAVIORAL HEALTH SUPERVISION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lela Kosteck Bunch Chair | OfficerTrustee | 1 | $0 |
Keith Dempsey Vice Chair | OfficerTrustee | 1 | $0 |
Joel Diambra Treasurer | OfficerTrustee | 1 | $0 |
Margaret Bloom Past Chair | OfficerTrustee | 1 | $0 |
Kim Jackson-Allen Secretary | OfficerTrustee | 1 | $0 |
Kylie Dotson-Blake President & CEO | Officer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $77,672 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $290,124 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,642 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,633,640 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $126,090 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,018 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,613,344 |
| Pension plan accruals and contributions | $62,823 |
| Other employee benefits | $295,093 |
| Payroll taxes | $128,945 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $121,243 |
| Fees for services: Accounting | $15,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,010 |
| Fees for services: Other | $3,479,875 |
| Advertising and promotion | $609 |
| Office expenses | $71,008 |
| Information technology | $205,895 |
| Royalties | $0 |
| Occupancy | $50,524 |
| Travel | $6,144 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,573 |
| Interest | $2,663 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $157,278 |
| Insurance | $11,901 |
| All other expenses | $0 |
| Total functional expenses | $6,641,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,872 |
| Savings and temporary cash investments | $2,960,497 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $255,095 |
| 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 | $48,984 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,885,756 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,827,586 |
| Total assets | $13,101,154 |
| Accounts payable and accrued expenses | $451,670 |
| Grants payable | $0 |
| Deferred revenue | $29,240 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $480,910 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $12,620,244 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
Air Force Association Arlington, VA | $41,846,008 | $19,163,734 |
Virginia Education Association Inc Richmond, VA | $23,884,810 | $14,278,542 |
Tennessee Education Association Inc Nashville, TN | $10,428,351 | $9,646,926 |
Georgia School Boards Association Inc Lawrenceville, GA | $6,628,869 | $7,234,902 |
College And University Professional Association For Human Resources Knoxville, TN | $15,862,589 | $7,812,208 |
Center For Credentialing And Education Inc Greensboro, NC | $13,101,154 | $10,633,640 |
Avondale Education Association Inc Decatur, GA | $8,429,300 | $7,595,655 |
Georgia Association Of Educators Inc Tucker, GA | $8,973,666 | $5,902,220 |
Association For Career And Techinical Education Inc Alexandria, VA | $9,964,883 | $5,708,623 |
Manning Educational Association Manning, SC | $2,830,843 | $5,355,218 |
Career Education Colleges And Universities Arlington, VA | $6,463,157 | $5,551,866 |