Overview
What is Middlesex Community College Foundation C/O Jackson Chege?
Middlesex Community College Foundation C/O Jackson Chege is a nonprofit organization primarily established to support Middlesex Community College, a public educational institution in Massachusetts. Their mission involves enlisting private-sector assistance to further the educational and charitable objectives of the college. They serve as a fundraising platform, receiving donations from individuals, corporations, small businesses, and private foundations to aid in providing educational assistance to local residents. Based in Lowell, MA, the foundation's activities include securing resources to enhance the educational opportunities provided by Middlesex Community College.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Middlesex Community College Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The foundation's overall score is based solely on its performance in these areas, where it scored an impressive 90%. Key highlights include a fully independent board of directors and a robust oversight committee that ensures the integrity of financial practices.
Financially, the foundation demonstrates high efficiency with a program expense ratio of 72.31%, indicating that a significant portion of its resources is dedicated to its mission-driven programs. Moreover, the organization has no material diversions of assets, and its fundraising efficiency ratio is exemplary at $0.00, suggesting that it operates without incurring fundraising costs, ensuring that donations go directly to its objectives.
While the ratings are overwhelmingly positive, it's important to acknowledge that this assessment focuses primarily on financial indicators. Potential donors and stakeholders may want to look into other aspects of the foundation's operations and impact to get a fuller picture of its effectiveness and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Middlesex Community College Foundation C/O Jackson Chege legitimate?
Middlesex Community College Foundation C/O Jackson Chege is a legitimate nonprofit organization registered as a 501(c)(3) entity. Middlesex Community College Foundation C/O Jackson Chege 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Middlesex Community College Foundation C/O Jackson Chege?
The Middlesex Community College Foundation's mission is to facilitate private sector support for the educational and charitable objectives of Middlesex Community College. Serving as a fundraising platform, it seeks contributions from individuals, corporations, small businesses, and private foundations. The primary goal is to aid Middlesex Community College, a state-owned educational institution, in providing educational assistance to Massachusetts residents. By doing so, the foundation aims to expand the college's capabilities and reach, ultimately benefiting the local community.
Who is the CEO of Middlesex Community College Foundation C/O Jackson Chege?
James W Henderson is the Ceo of Middlesex Community College Foundation C/O Jackson Chege. The CEO's salary of Middlesex Community College Foundation C/O Jackson Chege is $0 and their total compensation is $0.
What is the revenue of Middlesex Community College Foundation C/O Jackson Chege?
Middlesex Community College Foundation C/O Jackson Chege's revenue in 2022 was $1,662,026.
Who are the executives of Middlesex Community College Foundation C/O Jackson Chege and what are their salaries?
Here are 12 key members and their salaries (Middlesex Community College Foundation C/O Jackson Chege's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Middlesex Community College Foundation C/O Jackson Chege?
Middlesex Community College Foundation C/O Jackson Chege's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Middlesex Community College Foundation C/O Jackson Chege
Middlesex Community College Foundation C/O Jackson Chege is an organization dedicated to enlisting support from the private sector to further the educational and charitable purposes of Middlesex Community College. This nonprofit serves as a fundraising platform, attracting contributions from individuals, corporations, small businesses, and private foundations. Its mission is to enable Middlesex Community College, a state-owned and operated educational institution, to provide assistance for the education of Massachusetts residents. By fostering partnerships with the private sector, Middlesex Community College Foundation C/O Jackson Chege plays a crucial role in expanding the resources available to the college, thereby enhancing its ability to support students and advance its charitable objectives.
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Impact
July, 2024
Jackson Chege's impact through the Middlesex Community College Foundation is instrumental in enlisting private sector support to further the educational and charitable purposes of Middlesex Community College. As the vehicle for fundraising from individuals, corporations, small businesses, and private foundations, Chege plays a crucial role in enabling the college, a state-owned and operated educational institution, to provide educational assistance to Massachusetts residents. By leveraging his skills and connections, Chege helps secure the resources necessary to enhance educational opportunities for the community and support the college's mission of serving its students and the broader region.
This information is meant to be a general summary of Middlesex Community College Foundation C/O Jackson Chege. 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: $502,603
- Gross Receipts: $2,186,593
Assets and Liabilities:
- Total Assets: $10,630,358
- Total Liabilities: $3,030,256
- Net Assets: $7,600,102
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Organization Details
Founding Year
1987
Phone
(781) 280-3509Principal Officer
James W Henderson
Main Address
PO BOX 8681, LOWELL, MA, 01853
NTEE Category
Code: B41I - Education
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