Overview
What is Ulster Community College Foundation Inc?
Ulster Community College Foundation Inc, located in Stone Ridge, New York, serves as a nonprofit organization committed to supporting its local community college and its students. They accomplish this mission by soliciting, accepting, and managing various types of donations, ranging from small gifts to substantial property bequests. These funds are then utilized to benefit the college, its students, and the wider community. The Foundation's activities include providing educational scholarships and funding program expenses. With a team of six dedicated employees, they strive to enhance opportunities and support for the Ulster County Community College and its students.
Official website here: www.sunyulster.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The Ulster Community College Foundation Inc has achieved a strong 92% rating on Charity Navigator, indicating high performance in accountability and finance. The organization has a fully independent board, with 100% of its members being independent, which enhances its governance and decision-making integrity. The foundation showcases excellent financial health, demonstrated by a low liabilities-to-assets ratio and an impressive program expense ratio of over 92%, ensuring that the majority of its funding is directed towards its programs.
The foundation's transparency is bolstered by its commitment to distributing tax forms to board members before filing and maintaining meeting minutes. However, two areas for improvement have been identified: the absence of policies for whistleblower protection and document retention, which could enhance its governance framework. Addressing these gaps could further solidify trust and accountability in the organization.
Overall, the Ulster Community College Foundation Inc stands out for its financial efficiency and robust oversight mechanisms, making it a commendable choice for donors looking to support educational initiatives. While it demonstrates strong operational practices, enhancing its policy framework would provide even greater confidence to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ulster Community College Foundation Inc?
84% of 47 reviewers on Facebook recommend the Ulster Community College Foundation Inc. Here is a summary of their reviews:
While some individuals express dissatisfaction regarding certain events, such as the outdoor graduation experience, overall sentiment showcases a positive inclination towards the foundation. Many appear to appreciate the efforts made to support the college and its initiatives.
It's clear that while there may be isolated concerns, particularly about crowd management during events, the majority of respondents seem supportive of the organization's role within the community and its contributions to education.
This AI summary has been generated from reviews found on Facebook.
Is Ulster Community College Foundation Inc legitimate?
Ulster Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ulster 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,007
For more financial information, click here
Official website here: www.sunyulster.edu
What is the mission statement of Ulster Community College Foundation Inc?
The Ulster Community College Foundation Inc's mission involves soliciting, accepting, holding, investing, reinvesting, and administering various types of gifts, bequests, devises, benefits of trusts, and property, without any limitations in value or amount. This organization utilizes the income or principal of these gifts for the benefit of Ulster County Community College, its students and graduates, as well as the community it serves. The primary goal is to support the college and its community in various ways, ensuring the prosperity and advancement of its students and the community at large.
Official website here: www.sunyulster.edu
Who is the CEO of Ulster Community College Foundation Inc?
Laurel Sweeney is the Chairperson of Ulster Community College Foundation Inc.
Official website here: www.sunyulster.edu
What is the revenue of Ulster Community College Foundation Inc?
Ulster Community College Foundation Inc's revenue in 2022 was $3,338,472.
Official website here: www.sunyulster.edu
Who are the executives of Ulster Community College Foundation Inc and what are their salaries?
The average compensation at Ulster Community College Foundation Inc during 2022 was $11,834. There are 6 employees and 10 volunteers at Ulster Community College Foundation Inc.
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- Related: $94,467
- Other: $28,244
Official website here: www.sunyulster.edu
Where can I find the form 990 for Ulster Community College Foundation Inc?
Ulster Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sunyulster.edu
Learn more at the official website: www.sunyulster.edu
Mission Statement of Ulster Community College Foundation Inc
Ulster Community College Foundation Inc is an organization dedicated to soliciting, accepting, holding, investing, reinvesting, and administering various gifts, bequests, devises, benefits of trusts, and property of any kind, without any limitations regarding amount or value. Their primary goal is to utilize the income or principal of these assets, or to use the property in kind, for the benefit of Ulster County Community College, its students and graduates, as well as for the betterment of the community it serves. In simpler terms, Ulster Community College Foundation Inc serves as a conduit for charitable donations, ensuring that these funds are effectively utilized to support the educational institution and its community.
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Impact
October, 2024
Ulster Community College Foundation Inc plays a crucial role in enhancing the educational experience and opportunities available to students at Ulster County Community College. By soliciting, accepting, and administering various forms of contributions, the foundation effectively bolsters the college's resources. This support enables the provision of educational scholarships and funding for program expenses, directly benefiting students and graduates.
The foundation's impact extends beyond individual scholarships; it enhances the overall quality of education at Ulster County Community College and contributes to the broader community by fostering an educated workforce. Through prudent management and strategic investment of the assets it gathers, the foundation ensures that the benefits of these resources are sustainable and long-lasting. Ultimately, its efforts not only enrich the academic environment but also support the growth and development of the local community it serves.
This information is meant to be a general summary of Ulster 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: $514,055
- Gross Receipts: $4,508,260
Assets and Liabilities:
- Total Assets: $15,075,516
- Total Liabilities: $167,210
- Net Assets: $14,908,306
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Organization Details
Founding Year
1996
Phone
(845) 687-5283Principal Officer
Laurel Sweeney
Main Address
491 COTTEKILL ROAD, STONE RIDGE, NY, 12484
Website
www.sunyulster.eduNTEE Category
Code: B82J - Education
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