What is CORE Services Group?
CORE Services Group is a nonprofit organization dedicated to enhancing the lives of individuals and families through comprehensive human services and community development initiatives. Established in 2005, CORE has a proven track record of implementing and managing vital programs in collaboration with government agencies, including the New York City Department of Homeless Services (DHS), the New York City Department of Youth & Community Development (DYCD), and the Federal Bureau of Prisons (BOP). The organization currently oversees more than 40 housing settings, providing essential support to over 3,000 individuals daily. CORE's philosophy centers on the belief that everyone deserves a chance to rebuild their lives, supported by structured assistance. Services offered include job training, mentorship, substance abuse treatment, and permanent housing placement, all delivered with dignity and respect. Based in Brooklyn, NY, CORE operates facilities in New York City and Washington D.C., with plans for further expansion.
How much funding has CORE Services Group raised?
CORE Services Group has raised a total of $847K across 1 funding round:
Debt
$847K
Debt (2021): $847K with participation from PPP
Key Investors in CORE Services Group
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participated in this funding round, contributing to the overall capital raised by CORE Services Group.
Undisclosed Investor
Another undisclosed investor provided backing, supporting CORE Services Group's mission in human services and community development.
What's next for CORE Services Group?
The recent major strategic investment positions CORE Services Group for significant growth and expanded reach. This capital infusion is expected to fuel the scaling of its operations, potentially enabling the organization to establish its compassionate, common-sense approach in additional communities. Future developments may include enhancing existing programs, increasing capacity to serve more individuals, and forging new partnerships to address pressing social needs. The focus on recruiting staff from the communities served and former clients highlights a sustainable and community-integrated growth strategy.
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