Overview
What is Norwalk Community College Foundation Inc?
Norwalk Community College Foundation Inc is a nonprofit organization located at 188 RICHARDS AVENUE E311, Norwalk, Connecticut 06854. Their primary mission is to support Norwalk Community College by raising funds for various programs and initiatives. This includes scholarships and capital support to enrich the educational experiences of students. The foundation seeks to invest, manage, and distribute funds effectively, ensuring that students can continue to benefit from diverse learning opportunities. By engaging the community, the foundation encourages the sharing of talents and resources to further the college's mission. The foundation had 11 employees during the fiscal year ending June 30, 2022.
Official website here: www.ncc-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Norwalk Community College Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance across various metrics. The organization excels particularly in Accountability & Finance with a score of 97%, indicating diligent financial practices and transparency. This includes a perfect score in areas such as audit oversight and conflict of interest policies, showcasing its commitment to responsible governance.
In terms of Impact & Measurement, the foundation boasts a full score of 100%, highlighting its effectiveness in creating measurable positive outcomes. The organization has also received top scores for its culture and community engagement, as well as leadership and adaptability, all scoring 100%. This demonstrates a robust approach to feedback collection and strategic planning, essential for long-term sustainability and responsiveness to community needs.
While the foundation has showcased remarkable strengths, the rating breakdown indicates that a portion of its overall score is less robust in Leadership & Adaptability (10%). This suggests that while the foundation is performing well, continuous improvement in these areas may enhance its overall effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Norwalk Community College Foundation Inc legitimate?
Norwalk Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norwalk 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $390,687
Professional Fundraising Fees: $0
Other Salaries and Wages: $270,808
For more financial information, click here
Official website here: www.ncc-foundation.org
What is the mission statement of Norwalk Community College Foundation Inc?
The Norwalk Community College Foundation's mission is multifaceted, aimed at supporting Norwalk Community College. One of its primary objectives is to raise funds for various programs and scholarships. Secondly, it invests and manages these funds effectively, ensuring they continue to benefit students by providing opportunities for personal development and intellectual growth. Lastly, the foundation inspires and engages the community, encouraging the sharing of talents and resources for the betterment of the educational institution.
Official website here: www.ncc-foundation.org
Who is the CEO of Norwalk Community College Foundation Inc?
Carrie L Bernier is the Director (Outgoing) of Norwalk Community College Foundation Inc. The CEO's salary of Norwalk Community College Foundation Inc is $188,742 and their total compensation is $205,729.
Official website here: www.ncc-foundation.org
What is the revenue of Norwalk Community College Foundation Inc?
Norwalk Community College Foundation Inc's revenue in 2022 was $5,211,834.
Official website here: www.ncc-foundation.org
Who are the executives of Norwalk Community College Foundation Inc and what are their salaries?
The average compensation at Norwalk Community College Foundation Inc during 2022 was $60,136. There are 11 employees and 34 volunteers at Norwalk Community College Foundation Inc.
Here are 28 key members and their salaries (Norwalk Community College Foundation Inc's CEO's salary is $188,742 and their total compensation is $205,729):
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Official website here: www.ncc-foundation.org
Where can I find the form 990 for Norwalk Community College Foundation Inc?
Norwalk Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncc-foundation.org
Learn more at the official website: www.ncc-foundation.org
Mission Statement of Norwalk Community College Foundation Inc
The Norwalk Community College Foundation Inc has a threefold mission. Its primary objective is to raise funds for the Norwalk Community College programs and scholarships, aiming to provide opportunities for self-improvement and intellectual growth for students of all ages. The foundation also invests and administers these funds, ensuring they are distributed effectively to maximize their impact. Lastly, the Norwalk Community College Foundation Inc endeavors to inspire and engage its community, encouraging the sharing of talents and resources to support the college and its students. By fulfilling this mission, the foundation aims to contribute positively to the education and development of its community.
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Impact
July, 2024
Norwalk Community College Foundation Inc's impact is significant in supporting Norwalk Community College's development of the student body by providing funding for a variety of programs and initiatives. The foundation raises funds for scholarships, programs, and capital support at Norwalk Community College, ensuring that students of all ages have access to challenging opportunities for self-improvement and intellectual growth. By inspiring and engaging the community to share talents and resources, the foundation plays a crucial role in advancing education in Norwalk, Connecticut.
This information is meant to be a general summary of Norwalk 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: $1,671,548
- Gross Receipts: $6,591,786
Assets and Liabilities:
- Total Assets: $32,505,867
- Total Liabilities: $1,526,550
- Net Assets: $30,979,317
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Organization Details
Founding Year
1965
Phone
(203) 857-7262Principal Officer
Carrie L Bernier
Main Address
188 RICHARDS AVENUE E311, NORWALK, CT, 068541655
Website
www.ncc-foundation.orgNTEE Category
Code: B41I - Education
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