Overview
What is Northern Essex Community College Foundation Inc?
Northern Essex Community College Foundation Inc, situated in Haverhill, Massachusetts, operates as a nonprofit organization with a primary mission to support various educational programs and the development of Northern Essex Community College. This mission is executed through providing financial assistance to the college's programs. Essentially, the foundation acts as a financial backbone, contributing to the college's growth and success by funding its educational initiatives. Additionally, it grants scholarships and awards to deserving students, thereby empowering the next generation of learners.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star Rating from Charity Navigator.
Northern Essex Community College Foundation Inc demonstrates strong accountability and financial management, reflected in its impressive 95% score in this category. The organization has a fully independent board, with 30 members, ensuring robust governance and oversight. Additionally, it maintains high standards in financial reporting, with no material diversions of assets and comprehensive policies in place, including conflict of interest and whistleblower protections.
The foundation allocates a significant portion of its resources towards programs, achieving a program expense ratio of 87.27%. This indicates a strong commitment to its mission and effective use of funds. However, the organization’s fundraising efficiency could be improved, as evidenced by a low fundraising efficiency ratio of $0.002, which suggests that fundraising efforts may need to be optimized to maximize contributions.
Overall, Northern Essex Community College Foundation Inc stands out for its financial integrity and oversight, but attention to enhancing fundraising strategies could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Northern Essex Community College Foundation Inc legitimate?
Northern Essex Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Essex Community College Foundation Inc 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.
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Official website here: www.see schedule o
What is the mission statement of Northern Essex Community College Foundation Inc?
The Northern Essex Community College Foundation Inc's mission is centered around providing financial aid and support. Specifically, their objective is to enhance the educational programs and development of Northern Essex Community College. Additionally, they grant scholarships and awards to eligible students, contributing to their educational journey. By offering financial assistance, this foundation aims to make higher education more accessible.
Official website here: www.see schedule o
Who is the CEO of Northern Essex Community College Foundation Inc?
Allison Dolan-Wilson is the President of Northern Essex Community College Foundation Inc.
Official website here: www.see schedule o
What is the revenue of Northern Essex Community College Foundation Inc?
Northern Essex Community College Foundation Inc's revenue in 2022 was $2,132,171.
Official website here: www.see schedule o
Who are the executives of Northern Essex Community College Foundation Inc and what are their salaries?
There 45 volunteers at Northern Essex Community College Foundation Inc.
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Official website here: www.see schedule o
Where can I find the form 990 for Northern Essex Community College Foundation Inc?
Northern Essex Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Northern Essex Community College Foundation Inc
The Northern Essex Community College Foundation Inc is dedicated to supporting the educational programs and development of Northern Essex Community College. Their mission is twofold: firstly, they provide financial assistance to aid these programs, and secondly, they grant scholarships and awards to qualified students. This foundation is committed to contributing financially to the growth and success of Northern Essex Community College, thereby fostering an environment conducive to learning and personal development for its students.
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Impact
July, 2024
Northern Essex Community College Foundation Inc has a significant impact on the educational programs and development of Northern Essex Community College. By providing financial assistance and support, the foundation plays a crucial role in ensuring that students have access to quality education and resources. Additionally, the foundation grants scholarships and awards to qualified students, further empowering individuals to pursue their academic goals. Through its dedication to enhancing educational opportunities, Northern Essex Community College Foundation Inc positively impacts the lives of students and contributes to the advancement of education in the community.
This information is meant to be a general summary of Northern Essex Community College Foundation Inc. 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 2022.
- Investment Income: $501,481
- Gross Receipts: $3,758,046
Assets and Liabilities:
- Total Assets: $8,084,733
- Total Liabilities: $19,360
- Net Assets: $8,065,373
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Organization Details
Founding Year
1972
Phone
(978) 556-3624Principal Officer
Allison Dolan-Wilson
Main Address
100 ELLIOTT STREET, HAVERHILL, MA, 01830
Website
www.see schedule oNTEE Category
Code: B11 - Education
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