Transformance’s Economic Empowerment Center Offers Versatility

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Coworking Space Becomes New Home for Numerous Programs and Initiatives

  DALLAS, TX - 02/01/2017 (PRESS RELEASE JET)


Transformance, an integrated financial capability nonprofit, has opened the doors to its Economic Empowerment Center (EEC), offering a versatile coworking space benefitting numerous clientele. The redesigned and renovated lower floor of Transformance’s corporate headquarters is now providing multiple workspace options for educational initiatives, nonprofit outreach and social services fulfillment.

“The EEC is destined to become a hub of diverse and beneficial activity at Transformance,” said Dr. Daniel B. Prescott, Jr., interim president & CEO. “The versatility of the EEC was integrated into the design to fulfill multiple purposes and we’re now getting a preview.”

Strategic partnerships designed to promote the integrated services delivery model at the 30,000 square feet of coworking space include relationships with Services of Hope charity, the ‘Girls Who Code’ educational platform and various workforce development partners. The event space runs 5,000 square feet and can seat up to 500.

Through the Girls Who Code “Clubs” program curriculum, locations across the country provide free after-school programs for 6-12th grade girls to use computer science to impact their community and join a sisterhood of supportive peers and role models. There are approximately 40,000+ enrollees nationwide. Transformance’s Economic Empowerment Center is the only local location for the program not affiliated with a school or library.

Transformance continues to seek additional partnerships with organizations in order to formulate its future, which may include realtors, entrepreneurs or other businesses aligned within the Stemmons Corridor. A special meet and greet session, complete with guided tours of the EEC, was held on Jan. 26, followed by a Services of Hope food pantry event on Jan. 27.

For information on partnering with the EEC, please view the Economic Empowerment Center on the web or contact Kim Hudspeth, property manager at Transformance, at (800) 249-2227.

For more information on Transformance, please visit www.transformanceusa.org.

About Transformance Inc.

In 2016, Transformance delivered more than 100,000 consumer interactions through financial coaching, outreach and education. In 2017, the agency will continue to serve low and moderate income families with transformative financial learning solutions accessible online and through its new mobile app, Pocket Change USA.

Since its founding in 1974, Transformance has empowered clients to overcome adversity and attain their financial goals. Services include credit/budget coaching, financial education, housing counseling, individual debt management and bankruptcy coaching. Transformance provides the following programs and services:

  • Provides a national nonprofit resource dedicated to confidential and professional coaching to assist financially distressed or economically vulnerable families
  • Develops and fosters community educational programs on family money management, budgeting and the wise use of money and credit
  • Develops and maintains a positive working relationship with the credit community, employee assistance programs, professional counselors and community-based social service agencies
  • Provides opportunities for economic empowerment of low and moderate income families and with a particular focus on at-risk communities such as seniors, military families, veterans, communities of color and single, female-headed households
  • Enables good financial knowledge early in life through its focus on education of students (K -12) and their parents through agency strategic partnerships

Transformance Inc., is a 501(c)(3) nonprofit founded in 1974, and is a United Way Service Provider as well as a HUD-approved multistate housing counseling and education organization. The agency is formally accredited every four years by the Council on Accreditation for Children and Families (COA) to ensure compliance with top industry standards and best practices. The agency has its headquarters in Dallas, Texas, with satellite offices in Arlington; Austin; Amarillo and Ardmore, Oklahoma.

To read more about Transformance Inc., or for an annual report, visit http://www.transformanceusa.org.

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