Overview
What is Choate Rosemary Hall Foundation Incorporated?
Choate Rosemary Hall Foundation Incorporated is a nonprofit organization based in Wallingford, Connecticut, with an address at 333 Christian Street, 06492. The foundation is dedicated to providing a top-notch secondary independent school education to approximately 850 students annually. Through the commitment of its dedicated faculty and staff, the organization generates over $39 million in net tuition and fees each year. The foundation, also doing business as Choate Rosemary Hall, employs a workforce of 540 individuals.
Official website here: www.choate.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Choate Rosemary Hall Foundation Incorporated has achieved a remarkable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The charity’s score is solely based on its Accountability & Finance metrics, where it received a perfect score in several categories, showcasing strong governance and transparency practices.
Key strengths of the foundation include an entirely independent board of directors and comprehensive oversight measures, such as a well-functioning audit committee and established policies for conflicts of interest and whistleblower protections. With a program expense ratio of over 86%, the organization demonstrates a commitment to utilizing funds effectively for its intended programs rather than administrative costs.
While the data indicates a strong performance in financial management, the summary does not report any notable weaknesses or limitations, affirming the foundation's solid reputation in the nonprofit sector. Overall, the Choate Rosemary Hall Foundation is a well-regarded organization, exemplifying best practices in nonprofit governance and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Choate Rosemary Hall Foundation Incorporated legitimate?
Choate Rosemary Hall Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Choate Rosemary Hall Foundation Incorporated 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: $1,674,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,061,598
For more financial information, click here
Official website here: www.choate.edu
What is the mission statement of Choate Rosemary Hall Foundation Incorporated?
Choate Rosemary Hall Foundation Incorporated is committed to delivering a top-notch secondary independent school education to approximately 850 students annually. Through the hard work of dedicated faculty and staff, the institution provides a well-rounded education that covers both academic, residential, and athletic aspects. This high-quality education generates over $39 million in net tuition and fees each year. The foundation is dedicated to nurturing and developing students to reach their full potential.
Official website here: www.choate.edu
Who is the CEO of Choate Rosemary Hall Foundation Incorporated?
Alexander Curtis is the Principal Officer of Choate Rosemary Hall Foundation Incorporated.
Official website here: www.choate.edu
What is the revenue of Choate Rosemary Hall Foundation Incorporated?
Choate Rosemary Hall Foundation Incorporated's revenue in 2022 was $101,520,854.
Official website here: www.choate.edu
Who are the executives of Choate Rosemary Hall Foundation Incorporated and what are their salaries?
The average compensation at Choate Rosemary Hall Foundation Incorporated during 2022 was $47,660. There are 540 employees and 329 volunteers at Choate Rosemary Hall Foundation Incorporated.
Here are 28 key members and their salaries:
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- Compensation: $281,008
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- Other: $84,163
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- Other: $157,280
- Compensation: $594,160
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- Compensation: $217,682
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- Other: $54,435
- Compensation: $167,133
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- Other: $75,893
- Compensation: $167,073
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- Other: $50,248
Official website here: www.choate.edu
Where can I find the form 990 for Choate Rosemary Hall Foundation Incorporated?
Choate Rosemary Hall Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.choate.edu
Learn more at the official website: www.choate.edu
Mission Statement of Choate Rosemary Hall Foundation Incorporated
Choate Rosemary Hall Foundation Incorporated, a reputable secondary independent school, is dedicated to educating approximately 850 students every year. This prestigious institution goes beyond just academics, offering a comprehensive residential and athletic experience to its students. With a strong commitment to excellence, the school generates over $39 million in net tuition and fees annually, all thanks to the unwavering efforts of its dedicated faculty and staff.
In simpler terms, Choate Rosemary Hall Foundation Incorporated is a beacon of learning and growth for around 850 students. Its educational approach encompasses not just the classroom but also the dormitories and athletic fields. The school's faculty and staff are instrumental in nurturing these students, fostering an environment that encourages intellectual curiosity and personal development. The school's success is reflected in the substantial revenue it generates, demonstrating the value and impact of its educational offerings.
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Impact
August, 2024
Choate Rosemary Hall Foundation Incorporated's impact lies in providing a quality secondary independent school education to approximately 850 students per year. The school educates students academically, residentially, and athletically, generating over $39 million of net tuition and fees through the efforts of dedicated faculty and staff. By upholding its mission to provide a high-quality education, the foundation contributes to the growth and development of its students, ensuring they are well-prepared for future challenges and opportunities.
This information is meant to be a general summary of Choate Rosemary Hall Foundation Incorporated. 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: $214,536
- Program Service Revenue: $55,421,402
- Gross Receipts: $116,063,703
Assets and Liabilities:
- Total Assets: $781,507,671
- Total Liabilities: $91,691,466
- Net Assets: $689,816,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$53,017,405
SUMMER PROGRAMS
Revenue
$1,414,995
APPLICATION FEES
Revenue
$288,538
STUDENT ACTIVITIES
Revenue
$187,224
HEALTH CTR/COUNSELING
Revenue
$27,330
Organization Details
Founding Year
1974
Phone
(203) 697-2676Principal Officer
Alexander Curtis
Main Address
333 CHRISTIAN STREET, WALLINGFORD, CT, 064923818
Website
www.choate.eduNTEE Category
Code: B250 - Education
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