Overview
What is Hudson Valley Community College Foundation?
Hudson Valley Community College Foundation is a nonprofit organization situated in Troy, New York, with the address 80 Vandenburgh Avenue, 12180. Its primary mission is to support the welfare, development, and purposes of Hudson Valley Community College, its students, and its alumni. To accomplish this, they raise and manage funds for various college initiatives, scholarships, and related expenses. The foundation boasts a modest workforce of seven dedicated individuals, working tirelessly to advance the college's mission and empower its students and alumni.
Official website here: www.hvcc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Hudson Valley Community College Foundation has achieved an impressive 94% rating from Charity Navigator, indicating strong financial health and accountability. The foundation boasts a perfect score in both accountability and finance, showcasing its commitment to transparency and effective management of resources. With a fully independent board and no material diversion of assets, the organization demonstrates a robust structure that prioritizes integrity.
Strengths highlighted in the evaluation include a high program expense ratio of 69.09%, signifying that a significant portion of funds is directed towards its core mission. Additionally, the foundation has an exceptional fundraising efficiency ratio, with only $0.09 spent to raise each dollar, indicating effective fundraising strategies. The working capital ratio of 6.49 years further underscores the financial stability and sustainability of the organization.
While the foundation has received high marks across various criteria, it's essential for potential donors to consider that, like any nonprofit, ongoing evaluation of its programs and community impact will be crucial to ensuring long-term success. Overall, the Hudson Valley Community College Foundation stands out as a well-managed nonprofit with a strong commitment to its mission and community.
This AI summary has been generated from information found on Charity Navigator.
Is Hudson Valley Community College Foundation legitimate?
Hudson Valley Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Valley Community College Foundation 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: $114,404
Professional Fundraising Fees: $0
Other Salaries and Wages: $254,638
For more financial information, click here
Official website here: www.hvcc.edu/foundation
What is the mission statement of Hudson Valley Community College Foundation?
The Hudson Valley Community College Foundation's mission is to collect and manage funds to enhance the welfare and development of Hudson Valley Community College, its students, and its alumni. This organization aims to support various college initiatives, scholarships, and related expenses. Their primary objective is to aid and advance the purposes and programs of the college, ultimately benefiting its students and alumni.
Official website here: www.hvcc.edu/foundation
Who is the CEO of Hudson Valley Community College Foundation?
Courtney Lamport is the Executive Director of Hudson Valley Community College Foundation.
Official website here: www.hvcc.edu/foundation
What is the revenue of Hudson Valley Community College Foundation?
Hudson Valley Community College Foundation's revenue in 2022 was $2,287,858.
Official website here: www.hvcc.edu/foundation
Who are the executives of Hudson Valley Community College Foundation and what are their salaries?
The average compensation at Hudson Valley Community College Foundation during 2022 was $52,720. There are 7 employees and 29 volunteers at Hudson Valley Community College Foundation.
Here are 30 key members and their salaries:
- Compensation: $89,892
- Related: $54,432
- Other: $10,139
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hvcc.edu/foundation
Where can I find the form 990 for Hudson Valley Community College Foundation?
Hudson Valley Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hvcc.edu/foundation
Learn more at the official website: www.hvcc.edu/foundation
Mission Statement of Hudson Valley Community College Foundation
The Hudson Valley Community College Foundation's mission is centered around supporting the mission, students, and alumni of Hudson Valley Community College. In pursuit of this goal, the foundation aims to receive and maintain funds to enhance the welfare, development, purposes, and programs of the college, its students, and its alumni. Through its efforts, the foundation provides support for various college initiatives, scholarships, and related expenses. By doing so, it contributes to the overall advancement and betterment of Hudson Valley Community College and its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Hudson Valley Community College Foundation makes a significant impact by supporting the mission, students, and alumni of Hudson Valley Community College. Through its efforts, the foundation provides essential funding for college initiatives, scholarships, and related costs, directly enhancing the educational experience and opportunities available to students. By receiving and maintaining funds, the foundation plays a crucial role in advancing the welfare and development of the college, contributing to its programs, and fostering the success of its alumni. The foundation's commitment to education helps create a more equitable and accessible learning environment, empowering students to achieve their academic and professional goals in Troy, NY, and beyond.
This information is meant to be a general summary of Hudson Valley Community College Foundation. 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: $495,829
- Gross Receipts: $4,196,508
Assets and Liabilities:
- Total Assets: $9,576,121
- Total Liabilities: $625,920
- Net Assets: $8,950,201
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1982
Phone
(518) 629-8012Principal Officer
Courtney Lamport
Main Address
80 VANDENBURGH AVENUE, TROY, NY, 12180
Website
www.hvcc.edu/foundationNTEE Category
Code: B41I - Education
If you are a representative of Hudson Valley Community College Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.