Overview
What is Genesee Community College Foundation Housing Services Inc?
Genesee Community College Foundation Housing Services Inc is a nonprofit organization situated in Batavia, New York, specifically at ONE COLLEGE ROAD. Their primary focus is to offer housing and residential services to students enrolled at Genesee Community College. The organization served approximately 319 students, providing them with essential facilities. Beyond housing, Genesee Community College Foundation Housing Services Inc also extends its facilities to the college's faculty and staff, contributing to the overall college community. The organization employs a team of six dedicated individuals.
Official website here: www.genesee.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Genesee Community College Foundation Housing Services Inc has received an 82% rating from Charity Navigator, indicating a solid level of accountability and finance management. The rating is based solely on their accountability and finance beacon score, reflecting the organization’s commitment to transparency and responsible financial practices. This score suggests a well-managed organization that is likely to use its resources effectively.
The foundation demonstrates strong governance with an independent board consisting entirely of independent members, scoring full points in several key areas such as conflict of interest and whistleblower policies. Additionally, the organization has a high program expense ratio of 96.93%, which signifies that a significant portion of its spending is directed towards its programs rather than administrative costs. This focus on programmatic efficiency is a notable strength.
However, the organization has a liabilities to assets ratio of 68.31%, which may raise some concerns regarding its financial stability. While the charity is effectively managing its finances and governance, potential donors may want to consider this ratio and its implications for long-term sustainability. Overall, the foundation shows a commitment to accountability, though it may need to strengthen its financial position.
This AI summary has been generated from information found on Charity Navigator.
Is Genesee Community College Foundation Housing Services Inc legitimate?
Genesee Community College Foundation Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesee Community College Foundation Housing Services 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: $324,934
For more financial information, click here
Official website here: www.genesee.edu
What is the mission statement of Genesee Community College Foundation Housing Services Inc?
Genesee Community College Foundation Housing Services Inc has a mission to provide facilities for the benefit of Genesee Community College, its students, faculty, and staff. Specifically, they offer student housing and residential services, serving approximately 319 students. Their goal is to support the college community by providing essential facilities and services. The organization's activities are centered around enhancing the college experience for students, faculty, and staff, ensuring a comfortable and conducive environment for learning and growth.
Official website here: www.genesee.edu
Who is the CEO of Genesee Community College Foundation Housing Services Inc?
Justin Johnston is the President of Genesee Community College Foundation Housing Services Inc.
Official website here: www.genesee.edu
What is the revenue of Genesee Community College Foundation Housing Services Inc?
Genesee Community College Foundation Housing Services Inc's revenue in 2023 was $2,554,355.
Official website here: www.genesee.edu
Who are the executives of Genesee Community College Foundation Housing Services Inc and what are their salaries?
The average compensation at Genesee Community College Foundation Housing Services Inc during 2023 was $54,156. There are 6 employees and 50 volunteers at Genesee Community College Foundation Housing Services Inc.
Here are 11 key members and their salaries:
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- Related: $114,563
- Other: $46,431
Official website here: www.genesee.edu
Where can I find the form 990 for Genesee Community College Foundation Housing Services Inc?
Genesee Community College Foundation Housing Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.genesee.edu
Learn more at the official website: www.genesee.edu
Mission Statement of Genesee Community College Foundation Housing Services Inc
Genesee Community College Foundation Housing Services Inc is committed to providing facilities for Genesee Community College, catering to the needs of its students, faculty, and staff. In essence, its mission revolves around offering suitable accommodations and residential services to Genesee Community College students, serving approximately 319 individuals in this capacity.
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Impact
October, 2024
Genesee Community College Foundation Housing Services Inc has a significant impact on the educational experience of students at Genesee Community College. By providing dedicated student housing and residential services, it supports approximately 319 students, facilitating a conducive environment for academic success and personal growth. The availability of safe and supportive living arrangements enhances students' focus on their studies, allowing them to engage fully in their educational pursuits. This initiative also fosters a sense of community among students, faculty, and staff, enriching the overall campus life and promoting collaboration and connection within the college. Through its commitment to enhancing the living conditions for the college community, it plays a crucial role in the overall mission of Genesee Community College to provide quality education and support to its students.
This information is meant to be a general summary of Genesee Community College Foundation Housing Services 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 2023.
- Investment Income: $10,600
- Program Service Revenue: $2,372,887
- Gross Receipts: $2,726,980
Assets and Liabilities:
- Total Assets: $11,703,101
- Total Liabilities: $7,996,479
- Net Assets: $3,706,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING FEES
Revenue
$2,346,537
ASSESSMENTS
Revenue
$26,350
Organization Details
Founding Year
2001
Phone
(585) 345-6809Principal Officer
Justin Johnston
Main Address
ONE COLLEGE ROAD, BATAVIA, NY, 14020
Website
www.genesee.eduNTEE Category
Code: B992 - Education
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