Cares Project Inc.

Mission

THE CARES PROJECT, INC. IS A NON-PROFIT CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SERVING PEOPLE WITH INCOMES AT OR BELOW EIGHTY PERCENT OF THE AREA MEDIAN FAMILY INCOME WHO LIVE IN DAVIE, DAVIDSON, FORSYTH, STOKES, SURRY, AND YADKIN COUNTIES. THE ORGANIZATION'S MISSION IS TO HELP LOW INCOME INDIVIDUALS AND FAMILIES BECOME FINANCIALLY SECURE THROUGH CAR OWNERSHIP BY MAKING COMMUNITY-FUNDED VEHICLE LOANS AND BY BUILDING SKILLS THROUGH FINANCIAL AND CREDIT COACHING.

Vision

All people in our community are financially secure.

Goals

1.Increase awareness in counties we currently serve, including continuing to market our program to area employers and agencies. Increase number of applications and loan recipients. Expand our relationship with car dealerships in surrounding counties; explore expanding into Guilford County and rural counties nearby. Work with local news stations to create a new broadcast segment with current data.
2.Funding: Maintain and maximize CDFI Funding and other funding opportunities. Explore long-term relationships with financial institutions that will partner with us to accomplish our mission. Research the process for approval by NC Commissioner of Banks in order to increase our loan cap.
3.Explore funding availability to develop and support a small-dollar vehicle repair loan program.

WINSTON SALEM NC | EIN: 81-2944362

Profile managed by nonprofit | Is this your nonprofit?

501(c)(3) organization

3410 HEALY DR STE 209,
WINSTON SALEM NC 27103-1568

https://WWW.THECARESPROJECT.ORG

336-840-1555