Overview
What is Raritan Valley Community College?
Raritan Valley Community College is a New Jersey-based educational institution with approximately 6,688 credit-seeking students and nearly 2,500 non-credit students. Established to promote intellectual curiosity, leadership, social responsibility, and personal growth, the college employs a team of 1,008 individuals dedicated to fostering critical thinking and supporting students in their academic journey. The mission of Raritan Valley Community College is to create an educational community that cultivates intellectual development, encourages social responsibility, and nurtures personal growth.
Official website here: www.raritanval.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating from Charity Navigator.
Raritan Valley Community College has achieved an impressive Four-Star rating, reflecting its strong performance in accountability and finance. The organization earned a perfect score in several key areas, including having a fully independent board and robust oversight mechanisms which contribute to a high level of transparency and governance.
The college shows a commendable commitment to financial health, evidenced by a low liabilities to assets ratio of 30.60% and a program expense ratio of 89.58%. This indicates that the majority of their resources are directed towards programs rather than administrative costs, which is a positive sign for potential donors and stakeholders regarding the effective use of funds.
While the ratings highlight numerous strengths, the absence of any noted limitations suggests a well-managed organization. However, ongoing scrutiny and adherence to best practices will be essential to maintain this high level of performance and public trust in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Raritan Valley Community College legitimate?
Raritan Valley Community College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raritan Valley 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: $1,149,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,630,993
For more financial information, click here
Official website here: www.raritanval.edu
What is the mission statement of Raritan Valley Community College?
Raritan Valley Community College is dedicated to fostering intellectual curiosity and promoting critical thinking, leadership, and social responsibility. The educational institution takes a proactive role in supporting the personal growth of its students, with approximately 6,688 credit-seeking students and nearly 2,500 non-credited students. By creating an environment that encourages intellectual exploration and personal development, Raritan Valley Community College empowers its students to reach their full potential. Through its mission, the college strives to broaden the horizons of its students, enabling them to engage with the world around them and contribute meaningfully to their communities.
Official website here: www.raritanval.edu
Who is the CEO of Raritan Valley Community College?
John Trojan is the Chairperson of Raritan Valley Community College.
Official website here: www.raritanval.edu
What is the revenue of Raritan Valley Community College?
Raritan Valley Community College's revenue in 2022 was $75,934,725.
Official website here: www.raritanval.edu
Who are the executives of Raritan Valley Community College and what are their salaries?
The average compensation at Raritan Valley Community College during 2022 was $33,512. There are 1008 employees and 200 volunteers at Raritan Valley Community College.
Here are 25 key members and their salaries:
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- Compensation: $152,475
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- Other: $14,561
Official website here: www.raritanval.edu
Where can I find the form 990 for Raritan Valley Community College?
Raritan Valley Community College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.raritanval.edu
Learn more at the official website: www.raritanval.edu
Mission Statement of Raritan Valley Community College
Raritan Valley Community College (RVCC) is a vibrant educational institution dedicated to nurturing critical thinking, fostering intellectual curiosity, promoting leadership, encouraging social responsibility, and supporting personal growth among its students. By fostering a learning environment that prioritizes these values, RVCC empowers its approximately 6,688 credit-seeking students and nearly 2,500 non-credit students to reach their full potential.
RVCC's mission is geared towards providing an educational experience that goes beyond mere academic knowledge. It aims to cultivate individuals who can think critically, question the status quo, and engage with the world around them with curiosity and a sense of responsibility. The college's commitment to leadership development extends beyond the classroom, encouraging students to take on roles that enhance their learning experience and prepare them for future careers.
Moreover, Raritan Valley Community College places a strong emphasis on social responsibility. By fostering an environment that values empathy, compassion, and understanding, it helps students learn to contribute positively to their communities and make a difference in the world. Personal growth is another integral part of RVCC's mission, with the college offering a wide range of resources and opportunities for students to explore their interests, develop new skills, and broaden their horizons. All in all, Raritan Valley Community College is a beacon of learning and growth, committed to empowering its students with the skills, knowledge, and values they need to succeed in today's complex world.
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Impact
October, 2024
Raritan Valley Community College plays a significant role in fostering educational and personal development within its community. With approximately 6,688 credit-seeking students and nearly 2,500 non-credit students, the college serves as a vital hub for learning and growth in Somerville, NJ.
The institution focuses on developing critical thinking skills and intellectual curiosity among its students, preparing them for challenges in both academic and professional arenas. By promoting leadership qualities and encouraging social responsibility, Raritan Valley Community College cultivates informed citizens who contribute positively to society.
Moreover, the college is committed to supporting personal growth, providing resources and opportunities that empower students to reach their potential. This emphasis on holistically developing individuals makes Raritan Valley Community College an essential asset to the local community, fostering a culture of education, engagement, and empowerment.
This information is meant to be a general summary of Raritan Valley 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 2022.
- Investment Income: $12,814
- Program Service Revenue: $27,952,017
- Gross Receipts: $75,934,725
Assets and Liabilities:
- Total Assets: $101,078,699
- Total Liabilities: $33,967,563
- Net Assets: $67,111,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$27,042,445
AUXILIARY SERVICES
Revenue
$909,572
Organization Details
Founding Year
1966
Phone
(908) 526-1200Principal Officer
John Trojan
Main Address
PO BOX 3300, SOMERVILLE, NJ, 08876
Website
www.raritanval.eduNTEE Category
Code: B41Z - Education
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