Overview
What is Corning Community College Development Foundation Inc?
The Corning Community College Development Foundation Inc, situated at 1 ACADEMIC DRIVE, CORNING, NY 14830, is a nonprofit organization dedicated to supporting Corning Community College. Their primary mission involves soliciting, receiving, and maintaining funds to contribute to the institution's long-term goals and objectives. They achieve this by initiating and operating class spaces and programs, as well as providing periodic grants directly to the college and its students. The foundation's activities are geared towards benefiting Corning Community College and enhancing its overall success.
What are the reviews and ratings of this charity?
82% rating from Charity Navigator earns Corning Community College Development Foundation Inc a Three-Star out of Four Star rating, indicating a solid level of accountability and finance management. The charity excels in the governance aspect, with a fully independent board and strong financial oversight. Their program expense ratio shows that they allocate a significant portion of their resources toward their mission.
Strengths include a high score in accountability, with perfect ratings in board independence, conflict of interest policies, and financial oversight. The organization demonstrates transparency through documented board meeting minutes and has no reported issues concerning asset diversion. Additionally, a strong program expense ratio reflects a commitment to direct funding of initiatives.
However, there are some limitations noted in their culture and community score, where they received a lower rating of 75. This suggests there may be areas for improvement in equity strategies and community engagement. Overall, the foundation shows a dedication to responsible governance and effective program delivery, but there may be opportunities to enhance their community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Corning Community College Development Foundation Inc legitimate?
Corning Community College Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corning Community College Development Foundation 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: $0
For more financial information, click here
What is the mission statement of Corning Community College Development Foundation Inc?
The Corning Community College Development Foundation Inc's mission is centered around supporting Corning Community College. This organization aims to collect, preserve, and utilize funds to contribute to the college's long-term goals and objectives. One of their key activities includes initiating and operating class spaces and programs for the benefit of the college. They also grant funds directly to Corning Community College and its students, contributing to their success.
Who is the CEO of Corning Community College Development Foundation Inc?
John Marchese is the President of Corning Community College Development Foundation Inc.
What is the revenue of Corning Community College Development Foundation Inc?
Corning Community College Development Foundation Inc's revenue in 2022 was $8,645,207.
Who are the executives of Corning Community College Development Foundation Inc and what are their salaries?
There 30 volunteers at Corning Community College Development Foundation Inc.
Here are 15 key members and their salaries:
- 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: $86,928
- Other: $30,616
Where can I find the form 990 for Corning Community College Development Foundation Inc?
Corning Community College Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corning Community College Development Foundation Inc
The Corning Community College Development Foundation Inc is dedicated to supporting the long-term goals and objectives of Corning Community College. To achieve this mission, the foundation engages in soliciting, receiving, and maintaining funds. Its primary objective is to contribute to the success of the college, which it accomplishes by initiating and operating class spaces and programs. The foundation also extends grants directly to the college and its students, thereby supporting their educational endeavors and contributing to their overall success. In essence, the Corning Community College Development Foundation Inc serves as a crucial partner in the college's mission, providing the necessary resources to enhance its academic offerings and student support services.
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
Corning Community College Development Foundation Inc plays a vital role in enhancing the educational landscape of Corning Community College. By initiating and operating class space and programs, the foundation directly contributes to the academic and personal growth of students. Through periodic grants, it supports both the college and its students, ensuring that resources are available for a high-quality educational experience.
The foundation's mission centers on soliciting, receiving, and maintaining funds, which allows it to contribute to the long-range goals and objectives of the college. This financial support helps create an enriching learning environment, fostering success for students and the institution alike. Ultimately, the foundation's efforts have a significant impact on the community, enabling access to education and opportunities for advancement for many individuals in the area.
This information is meant to be a general summary of Corning Community College Development Foundation 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 2022.
- Investment Income: $323,302
- Program Service Revenue: $1,166,766
- Gross Receipts: $12,743,123
Assets and Liabilities:
- Total Assets: $28,158,741
- Total Liabilities: $16,581,679
- Net Assets: $11,577,062
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING
Revenue
$798,081
HEALTH EDUCATION CENTER
Revenue
$362,904
RESIDENT LIFE FEE
Revenue
$5,781
Organization Details
Founding Year
1982
Phone
(607) 962-9458Principal Officer
John Marchese
Main Address
1 ACADEMIC DRIVE, CORNING, NY, 148303297
NTEE Category
Code: B124 - Education
If you are a representative of Corning Community College Development Foundation Inc 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.