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Simmons College Of Kentucky Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205289168 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Simmons College Of Kentucky Inc?

Simmons College of Kentucky Inc, located in Louisville, Kentucky, is a nonprofit institution dedicated to higher education with a focus on urban contexts. They offer strong academic and professional programs to transform students into productive citizens and agents of change in society. Their core functions include admission services, registrar functions, student success coaching, and financial aid and scholarship programs, collectively referred to as enrollment management. With a staff of 121 individuals, Simmons College of Kentucky continues its mission to educate and inspire individuals to make a positive impact on their communities.


Official website here: www.simmonscollegeky.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91% (Four-Star out of Four Stars)

Simmons College of Kentucky Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. The nonprofit boasts a high score in Leadership & Adaptability, indicating effective governance with a fully independent board comprising 23 members. Additionally, the organization excels in feedback collection and usage, suggesting a responsive approach to constituent needs and opinions.

Financially, Simmons College demonstrates robust management with a favorable liabilities to assets ratio and a solid program expense ratio, indicating that a significant portion of its budget is directed toward its mission. However, there are some areas for improvement, notably the absence of whistleblower and document retention policies, which could enhance transparency and governance practices.

Overall, while Simmons College of Kentucky Inc shows strong performance in many areas, addressing the noted policy gaps could further strengthen its operations and community trust. The organization's high rankings in various categories highlight its positive impact and dedication to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Simmons College Of Kentucky Inc legitimate?

Simmons College Of Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simmons College Of Kentucky 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: $381,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,021,276

For more financial information, click here


Official website here: www.simmonscollegeky.edu

What is the mission statement of Simmons College Of Kentucky Inc?

Simmons College of Kentucky is committed to providing higher education with a biblical foundation. Its mission is to educate individuals in an urban setting through robust academic and professional programs. This institution aims to foster productive citizens and agents of change in society. The college places emphasis on various aspects of student support, including admissions, registrar functions, student success coaching, financial aid, and scholarship programs.


Official website here: www.simmonscollegeky.edu

Who is the CEO of Simmons College Of Kentucky Inc?

Dr Frank M Smith Jr is the President of Simmons College Of Kentucky Inc.


Official website here: www.simmonscollegeky.edu

What is the revenue of Simmons College Of Kentucky Inc?

Simmons College Of Kentucky Inc's revenue in 2022 was $14,241,631.


Official website here: www.simmonscollegeky.edu

Who are the executives of Simmons College Of Kentucky Inc and what are their salaries?

The average compensation at Simmons College Of Kentucky Inc during 2022 was $28,123. There are 121 employees and 30 volunteers at Simmons College Of Kentucky Inc.


Here are 28 key members and their salaries:


Kevin Cosby (President)
  • Compensation: $103,125
  • Related: $0
  • Other: $0
Barbara Young (Provost)
  • Compensation: $83,333
  • Related: $0
  • Other: $0
Glenn G Davis (Vp Of Development)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Dr Frank Smith (Coo)
  • Compensation: $66,468
  • Related: $0
  • Other: $0
Alfonso Cornish (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Houston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Alma J Pittman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Sexton Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Bernard Crayton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Brandon Dumas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Blue (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Lucas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev D Corrie Shull (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Delbert Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr F Bruce Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Horn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Joel Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Houghtaling Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Keith Tyler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Bond (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Samuel C Tolbert Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr S C Dixon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ulysses Bridgeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ursula Parrish Daniels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Walter Malone Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Honorary Rev Louis Newby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.simmonscollegeky.edu

Where can I find the form 990 for Simmons College Of Kentucky Inc?

Simmons College Of Kentucky Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.simmonscollegeky.edu

Learn more at the official website: www.simmonscollegeky.edu

Mission Statement of Simmons College Of Kentucky Inc

Simmons College of Kentucky, an institution of biblical higher education, is committed to transforming lives through robust academic and professional programs in an urban setting. Its mission is to educate individuals to become productive citizens and catalysts for positive change in society.

Located at the heart of this mission, Simmons College of Kentucky focuses on providing a strong educational foundation in the urban context. By doing so, it prepares its students to make a difference in their communities and beyond. The college places a significant emphasis on academic excellence and professional growth to ensure that its graduates are well-equipped to face the challenges of the modern world.

Moreover, Simmons College of Kentucky's dedication to urban education extends beyond the classroom. The institution recognizes the importance of student success and offers a range of support services to help students thrive. These services include admissions, registrar functions, student success coaching, and financial aid and scholarship programs. By providing these essential resources, the college fosters an environment that empowers students to reach their full potential and contribute meaningfully to their communities.

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Impact




October, 2024

Simmons College of Kentucky plays a significant role in shaping the educational landscape and fostering community development in Louisville, Kentucky. By focusing on biblical higher education, it equips students with the knowledge and skills necessary to thrive in urban environments. The college's strong academic and professional programs empower individuals to become productive citizens, instilling a sense of responsibility and purpose.

The institution's enrollment management, which encompasses admissions, registrar functions, and financial aid, ensures that students have the support they need to succeed. Through student success coaching and scholarship programs, Simmons College helps remove barriers to education, making it accessible to a more diverse population. In doing so, it cultivates leaders who are prepared to drive change and address the challenges faced by their communities.

By prioritizing education that is relevant to urban contexts, Simmons College of Kentucky not only enhances the personal development of its students but also contributes to the overall socioeconomic improvement of the area, ultimately fostering a generation of agents of change committed to making a positive impact in society.




This information is meant to be a general summary of Simmons College Of Kentucky 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.

Revenue
$14,241,631 (2022)
Expenses
$9,219,352 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,442
  • Program Service Revenue: $2,839,244
  • Gross Receipts: $14,336,131

Assets and Liabilities:

  • Total Assets: $17,571,564
  • Total Liabilities: $2,816,455
  • Net Assets: $14,755,109

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Athletics

Revenue

$12,208

Community Education

Revenue

$5,820

Student Tuition and Fees

Revenue

$2,821,216

Organization Details

Founding Year

2005

Principal Officer

Dr Frank M Smith Jr

Main Address

1018 South 7th Street, Louisville, KY, 40203

NTEE Category

Code: B43 - Education

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