Overview
What is Southern Maine Community College Foundation?
The Southern Maine Community College Foundation is a nonprofit organization based in South Portland, Maine. Situated at 2 Fort Road, their primary mission is to support educational initiatives at Southern Maine Community College. They accomplish this by providing scholarships to eligible students and offering additional grants to the college. The foundation's purpose is to promote, encourage, and financially aid various educational activities at SMCC, thereby contributing to the growth and success of its students.
Official website here: www.smccme.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Southern Maine Community College Foundation has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and financial management. The organization scored 97% overall, indicating a strong commitment to transparency and responsible financial practices, which is crucial for building trust with donors and stakeholders.
Key strengths include a fully independent board comprised of 13 members, a perfect score in financial oversight, and no reported issues of asset diversion. The foundation has also demonstrated exceptional program expense efficiency, with over 93% of its expenses directed towards its programs. Additionally, the organization maintains comprehensive policies regarding conflict of interest and whistleblower protections, further enhancing its credibility.
While the rating highlights several strengths, the focus primarily on financial metrics may not fully capture the foundation's impact on the community or the effectiveness of its programs. However, the strong financial ratios indicate a well-managed organization that is likely to continue making a positive contribution to the education and community services it supports.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Southern Maine Community College Foundation?
84% of 254 reviewers on Facebook recommend the Southern Maine Community College Foundation. Here is a summary of their reviews:
Many students express positive experiences regarding the quality of education. Notably, the professors have received high praise for their effectiveness, and the overall affordability of the classes is appreciated. Reviewers highlight the supportive atmosphere in both South Portland and Brunswick locations, making the learning process more enjoyable.
The enthusiasm from past students indicates that the foundation is successfully fulfilling its educational mission while maintaining a welcoming environment. This positive sentiment suggests that the foundation is a trustworthy option for those considering their educational paths.
This AI summary has been generated from reviews found on Facebook.
Is Southern Maine Community College Foundation legitimate?
Southern Maine Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Maine Community College Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.smccme.edu
What is the mission statement of Southern Maine Community College Foundation?
The Southern Maine Community College Foundation's mission is to foster and encourage financial and other forms of support for educational activities at Southern Maine Community College. Their primary goal is to provide scholarships to eligible students and offer grants to the college itself. By doing so, they aim to contribute positively to the educational pursuits and opportunities available at the college. Their purpose is to actively promote and bolster the educational landscape within the institution.
Official website here: www.smccme.edu
Who is the CEO of Southern Maine Community College Foundation?
Mark Duval is the Chair of Southern Maine Community College Foundation.
Official website here: www.smccme.edu
What is the revenue of Southern Maine Community College Foundation?
Southern Maine Community College Foundation's revenue in 2023 was $2,066,673.
Official website here: www.smccme.edu
Who are the executives of Southern Maine Community College Foundation and what are their salaries?
There 14 volunteers at Southern Maine Community College Foundation.
Here are 14 key members and their salaries:
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Official website here: www.smccme.edu
Where can I find the form 990 for Southern Maine Community College Foundation?
Southern Maine Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.smccme.edu
Learn more at the official website: www.smccme.edu
Mission Statement of Southern Maine Community College Foundation
The Southern Maine Community College Foundation serves a crucial role in promoting, encouraging, and supporting various educational activities at Southern Maine Community College, both financially and otherwise. Its mission is centered around providing scholarships to eligible students at the college and offering grants to the institution itself. By doing so, the foundation plays a significant role in facilitating access to higher education for deserving students, thereby contributing to the overall growth and development of the community.
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Impact
July, 2024
Southern Maine Community College Foundation's impact can be seen in its ability to provide scholarships to eligible students at Southern Maine Community College and offer grants to the college. Through its support, the foundation helps ensure that students have access to educational opportunities that might otherwise be out of reach. By promoting and encouraging all educational activities at SMCC, the foundation plays a key role in enriching the learning experience and fostering academic success for students in the South Portland area.
This information is meant to be a general summary of Southern Maine Community College Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $100,870
- Gross Receipts: $2,550,503
Assets and Liabilities:
- Total Assets: $5,392,209
- Total Liabilities: $58,341
- Net Assets: $5,333,868
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Organization Details
Founding Year
1998
Phone
(207) 741-5500Principal Officer
Mark Duval
Main Address
2 FORT ROAD, SOUTH PORTLAND, ME, 041061698
Website
www.smccme.eduNTEE Category
Code: B114 - Education
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