Overview
What is Faculty Student Association Of Herkimer County Community College?
The Faculty Student Association of Herkimer County Community College, often abbreviated as FSA, serves as a crucial entity within the college community. Primarily, FSA distributes funds collected from various sources such as college fees, ID fees, and other revenue streams, to support various campus activities, clubs, athletics, and student needs. Beyond this financial role, FSA extends its support to the college's mission by managing the campus ATMs and contracting services for the bookstore and food service. Additionally, FSA plays an active role in bolstering the athletic programs, student activities, and clubs, ensuring a vibrant and engaging campus environment for both students and faculty.
Official website here: www.hcccbookstore.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
The Faculty Student Association of Herkimer County Community College has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. A notable strength is the organization’s independent board size, which is fully compliant with standards, and it has demonstrated strong financial oversight through an Audit and Oversight Committee. Additionally, it has policies for conflict of interest and document retention, and there have been no material diversions of assets reported.
However, several areas have been highlighted for improvement. The organization has only 45% of its board members as independent, which scores low on accountability measures. The absence of a whistleblower policy and the failure to post its tax form on the nonprofit's website were significant factors that negatively impacted its overall rating. The program expense ratio also suggests that a smaller portion of its income is being allocated to programmatic activities, which may be a concern for potential donors.
Overall, while the Faculty Student Association has established some solid governance practices, the gaps in transparency and accountability indicate areas for potential growth. Prospective supporters might want to consider these elements when evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Faculty Student Association Of Herkimer County Community College legitimate?
Faculty Student Association Of Herkimer County Community College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faculty Student Association Of Herkimer County Community College 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: $78,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,275
For more financial information, click here
Official website here: www.hcccbookstore.com
What is the mission statement of Faculty Student Association Of Herkimer County Community College?
The Faculty Student Association (FSA) of Herkimer County Community College exists to support the institution's mission by managing the ATMs, operating the cash card, and contracting the bookstore and food service. The association contributes to the college's mission through athletics, student activities, clubs, organizations, and various campus programs, including the shuttle bus and events for students and faculty. The FSA distributes funds collected from college fees, ID fees, and other revenue sources to meet the requested needs of athletics, student activities, and other campus organizations.
Official website here: www.hcccbookstore.com
Who is the CEO of Faculty Student Association Of Herkimer County Community College?
Nicholas Laino is the Treasurer of Faculty Student Association Of Herkimer County Community College.
Official website here: www.hcccbookstore.com
What is the revenue of Faculty Student Association Of Herkimer County Community College?
Faculty Student Association Of Herkimer County Community College's revenue in 2023 was $666,649.
Official website here: www.hcccbookstore.com
Who are the executives of Faculty Student Association Of Herkimer County Community College and what are their salaries?
The average compensation at Faculty Student Association Of Herkimer County Community College during 2023 was $5,588. There are 16 employees and 100 volunteers at Faculty Student Association Of Herkimer County Community College.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $184,892
- Other: $64,155
- Compensation: $0
- Related: $87,004
- Other: $38,043
- Compensation: $0
- Related: $76,375
- Other: $40,249
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $176,197
- Other: $43,999
- Compensation: $0
- Related: $101,951
- Other: $20,700
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $30,536
- Related: $75,459
- Other: $46,937
- Compensation: $47,591
- Related: $22,164
- Other: $0
- Compensation: $0
- Related: $153,467
- Other: $11,624
Official website here: www.hcccbookstore.com
Where can I find the form 990 for Faculty Student Association Of Herkimer County Community College?
Faculty Student Association Of Herkimer County Community College's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hcccbookstore.com
Learn more at the official website: www.hcccbookstore.com
Mission Statement of Faculty Student Association Of Herkimer County Community College
The Faculty Student Association of Herkimer County Community College plays a vital role in supporting the institution's mission.Primarily, it operates ATMs and provides a cash card service, and contracts the campus bookstore and food service. Beyond these functional responsibilities, the association actively participates in various campus activities. It supports athletic programs, student activities, clubs, organizations, and the shuttle bus service. Moreover, it contributes to faculty and student events, managing funds collected from college fees, ID fees, and other revenue streams.
In essence, the Faculty Student Association acts as a financial backbone for various student-centric initiatives at Herkimer County Community College. It ensures that the college's mission is executed effectively by providing essential services and funding for clubs, athletics, and student activities. By doing so, the association contributes to a vibrant and engaging campus life for the students and faculty, fostering a sense of community and engagement within the college.
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Impact
July, 2024
The Faculty Student Association Of Herkimer County Community College has a significant impact on the college community by supporting various aspects of campus life. This includes operating ATMs, contracting the campus bookstore and food service, supporting athletic programs, student activities, cash card services, clubs, organizations, shuttle bus services, and student and faculty programs. Through the distribution of funds collected from various sources, such as college fees and revenue streams, the FSA contributes to the growth and success of clubs, athletics, student activities, and other campus needs. Overall, the FSA plays a crucial role in enhancing the overall college experience for students and faculty at Herkimer County Community College.
This information is meant to be a general summary of Faculty Student Association Of Herkimer County Community College. 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: $11,979
- Program Service Revenue: $445,104
- Gross Receipts: $666,649
Assets and Liabilities:
- Total Assets: $1,411,651
- Total Liabilities: $143,192
- Net Assets: $1,268,459
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITY FEES
Revenue
$445,104
Organization Details
Founding Year
1972
Phone
(315) 866-1550Principal Officer
Nicholas Laino
Main Address
RESERVOIR ROAD, HERKIMER, NY, 13350
Website
www.hcccbookstore.comNTEE Category
Code: B80Z - Education
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