Overview
What is Adirondack Community College Foundation Inc?
Adirondack Community College Foundation Inc, located in Queensbury, New York, serves as a vital support system for students attending Adirondack Community College, guided by SUNY Adirondack's strategic plan. The foundation actively and collaboratively raises and manages necessary funds to cater to the evolving needs of the college and its community. One of their primary functions is granting scholarships and awards to aid in the college funding of students. By doing so, they contribute significantly to the higher education of individuals in the region, ensuring accessibility and affordability for many.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The Adirondack Community College Foundation Inc has received a strong rating of 94% from Charity Navigator, indicating a robust level of accountability and financial stability. This high rating is solely based on its Accountability & Finance score, reflecting the organization's commitment to transparency and responsible financial practices. The Foundation has demonstrated a solid governance structure with a fully independent board and effective oversight mechanisms.
The Foundation's strengths are highlighted by its high scores in several key areas, including a program expense ratio of 90.34%, which suggests that the majority of its resources are directed towards its mission. Additionally, the organization has no recorded material diversions of assets, and it has established comprehensive policies regarding conflicts of interest and whistleblower protections. These factors contribute to a high level of trustworthiness and operational integrity.
However, while the rating reflects strong financial accountability, it's important to note that it is based solely on financial metrics. Potential donors might consider looking into the programs and impact of the Foundation beyond these figures to get a full picture of its effectiveness in serving the community. Overall, Adirondack Community College Foundation Inc stands out as a financially sound nonprofit that prioritizes accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Adirondack Community College Foundation Inc legitimate?
Adirondack Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adirondack Community College 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: $3,866
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,472
For more financial information, click here
What is the mission statement of Adirondack Community College Foundation Inc?
The Adirondack Community College Foundation Inc, guided by SUNY Adirondack's strategic plan, actively and collaboratively raises and manages necessary funds. Their mission is to assist the college in meeting the evolving needs of its students and community. They do this by working in harmony with SUNY Adirondack, providing scholarships and awards to help students finance their education. The foundation's role is crucial in supporting the college's growth and responding to the changing needs of its student body.
Who is the CEO of Adirondack Community College Foundation Inc?
Susan Trumpick is the Principal Officer of Adirondack Community College Foundation Inc.
What is the revenue of Adirondack Community College Foundation Inc?
Adirondack Community College Foundation Inc's revenue in 2022 was $689,265.
Who are the executives of Adirondack Community College Foundation Inc and what are their salaries?
There 18 volunteers at Adirondack Community College Foundation Inc.
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Where can I find the form 990 for Adirondack Community College Foundation Inc?
Adirondack Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Adirondack Community College Foundation Inc
Adirondack Community College Foundation Inc, guided by SUNY Adirondack's strategic plan, actively and collaboratively raises and manages the necessary funds to aid the college in meeting the evolving needs of its students and community. This mission-driven organization works closely with SUNY Adirondack to identify and fill financial gaps, ensuring that deserving students have the resources they need to pursue their education. This proactive approach to fundraising and management has a direct impact on the college and its student body, helping to create a supportive and thriving learning environment.
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Impact
July, 2024
Adirondack Community College Foundation Inc's impact is evident through the scholarships and awards they have granted to Adirondack Community College students to aid in their college funding. They are guided by SUNY Adirondack's strategic plan and actively collaborate to raise and manage funds to help the college meet the evolving needs of its students and community.
This information is meant to be a general summary of Adirondack Community College 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: $15,723
- Gross Receipts: $2,859,207
Assets and Liabilities:
- Total Assets: $7,066,280
- Total Liabilities: $2,740
- Net Assets: $7,063,540
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Organization Details
Founding Year
1983
Phone
(518) 743-2243Principal Officer
Susan Trumpick
Main Address
640 BAY ROAD, QUEENSBURY, NY, 12804
NTEE Category
Code: B110 - Education
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