Ocean Community Economic Action Now Inc
501(c)(3) Donations tax-deductible
86% goes to programs $0 to raise $100 Strong reserves
Ocean Community Economic Action Now Inc is a 501(c)(3) organization based in Toms River, New Jersey, registered in 1967, with $15,032,121 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
40 Main St, Toms River, NJ, 08753 EIN 22-1804345 Since 1967
Revenue (FY2024)
$15.0M
▼ 4.6% vs prior year
Expenses (FY2024)
$14.8M
Net assets
$12.2M
Employees
155
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Ocean Community Economic Action Now Inc: 86% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ocean Community Economic Action Now Inc: 10 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Ocean Community Economic Action Now Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ocean Community Economic Action Now Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Administration of federal head start program, weatherization programs, rental assistance programs and other assistance to low income families.
What they do
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.
Other programs include home energy assistance programs, affordable housing, first-time homebuyers, and more.
Contact & location
- Address
- 40 Main St, Toms River, NJ, 08753
- City
- Toms River
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $15.2M (FY2013) to $15.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $11.7MNet assets $12.2M
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24.0M
Total liabilities
$11.7M
Net assets
$12.2M
Salaries & benefits
$7.0M
48% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,032,121▼4.6% | $14,784,965▲5.7% | $12,248,340▲2.1% | $23,950,996▲2.2% | 990 |
| 2023 | $15,757,678▲9.0% | $13,986,968▼2.2% | $12,001,184▲17.3% | $23,437,874▲5.0% | 990 |
| 2022 | $14,455,709▼16.4% | $14,296,634▼6.9% | $10,230,474▲1.6% | $22,321,911▼4.1% | 990 |
| 2021 | $17,288,435▲43.8% | $15,353,683▲8.2% | $10,071,399▲23.8% | $23,267,325▲5.4% | 990 |
| 2020 | $12,022,468▼8.2% | $14,185,472▲11.3% | $8,136,647▼21.0% | $22,078,893▼2.6% | 990 |
| 2019 | $13,090,163▲3.3% | $12,741,449▲1.7% | $10,299,651▲8.5% | $22,666,967▲9.7% | 990 |
| 2018 | $12,674,820▼6.9% | $12,534,431▼4.9% | $9,489,142▲1.5% | $20,655,083▲0.7% | 990 |
| 2017 | $13,618,408▼1.3% | $13,185,454▼3.2% | $9,348,753▲4.9% | $20,518,596▲8.8% | 990 |
| 2016 | $13,793,890▼13.5% | $13,625,640▼20.5% | $8,915,799▲35.4% | $18,862,328▼0.4% | 990 |
| 2015 | $15,939,443▼77.2% | $17,144,250▼76.0% | $6,584,850▼10.8% | $18,943,540▼16.8% | 990 |
| 2014 | $69,988,344▲360% | $71,346,650▲372% | $7,378,979▼15.5% | $22,756,222▲32.3% | 990 |
| 2013 | $15,222,083 | $15,120,915 | $8,737,285 | $17,196,380 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Channell Wilkins — $210,231 (1.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Channell Wilkins | President/ceo (thru Sept 2024) | 40 | $210,231 |
| Beth Hudson | Chief Financial Officer | 40 | $123,924 |
| Sherrie Huff | Vp of Human Resources | 40 | $120,909 |
| Margaret Saunders | Vp of Children's Services | 40 | $117,719 |
| Tamica Mickle | President/ceo (sept 2024-present) | 40 | $50,981 |
| Adrienne Lawrence | Member | 1 | — |
| Anita Woolery | Chairperson | 4 | — |
| Glynis Jean Wray | Vice Chairperson | 2 | — |
| Henry A Jackson | Member | 1 | — |
| Jennifer L Barnes Esq | Member | 1 | — |
| Judith Peto | Member | 1 | — |
| Mary Guarin | Secretary | 1 | — |
| Shamaila Sheikh | Member | 1 | — |
| Tracey Lynn Triniwell | Treasurer | 2 | — |
Top vendors & contractors (FY2020)
| Contractor | Services | Paid |
|---|---|---|
| Dwyer Refrigeration | Weatherization Contractor | $123,712 |
| Blake Scholey | Weatherization Contractor | $105,400 |
| Berge Hvac | Weatherization Contractor | $102,431 |
Grants received · $6,154 total
1 grant to Ocean Community Economic Action Now Inc totaling $6,154, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2015 | $6,154 |
Grants made · $1.2M in FY2024
11 grants totaling $1.2M in FY2024. All grants made by Ocean Community Economic Action Now Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Little Egg Harbor Board of Education | Headstart program | $340,565 |
| United Community Corporation | Heating improvement and energy assistance | $228,791 |
| No Limits Academy Inc | Youth sports program | $150,000 |
| Concerned Citizens of Whitesboro Inc | Food pantry support program | $141,000 |
| Cape Assist Inc | Substance abuse program | $135,481 |
| Police Athletic League of Atlantic City | Summer child/youth program | $81,235 |
| Meadowlands Transportation Brokerage Corp | Senior transportation | $60,000 |
| Ideal Education A Nj Nonprofit Corporation | Covid-19 motel assistance program | $39,124 |
| Monmouth Ocean Police Athletic League | Educational program | $20,000 |
| Solutions To End Poverty Soon Inc | Tenant outreach, education program | $15,000 |
| Friday Is Tie Day Inc | Educational program | $12,500 |
Frequently asked questions
- Is Ocean Community Economic Action Now Inc a legitimate nonprofit?
- Yes. Ocean Community Economic Action Now Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-1804345, based in Toms River, New Jersey. Donations are tax-deductible.
- What is Ocean Community Economic Action Now Inc's EIN?
- Ocean Community Economic Action Now Inc's Employer Identification Number (EIN) is 22-1804345.
- How much revenue does Ocean Community Economic Action Now Inc report?
- Ocean Community Economic Action Now Inc reported $15,032,121 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Ocean Community Economic Action Now Inc's spending goes to programs?
- Ocean Community Economic Action Now Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ocean Community Economic Action Now Inc have?
- CharityIndex grades Ocean Community Economic Action Now Inc A, based on program efficiency and fundraising cost.
- How much does Ocean Community Economic Action Now Inc's highest-paid employee make?
- The highest reported compensation on Ocean Community Economic Action Now Inc's latest Form 990 is $210,231, paid to Channell Wilkins (President/ceo (thru Sept 2024)).
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Data for Ocean Community Economic Action Now Inc (EIN 22-1804345) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.