Overview
What is Northeast Mississippi Community College Development Foundation Inc?
Northeast Mississippi Community College Development Foundation Inc is a nonprofit organization situated in Booneville, Mississippi. With an address at 101 Cunningham Blvd, the foundation's primary mission is to support the educational endeavors of Northeast Mississippi Community College. They accomplish this by providing scholarships to students attending the college. The foundation's activities are geared towards fostering the growth and success of the college, contributing to its overall mission. The Foundation plays a vital role in enabling deserving students to pursue their education, thereby contributing to the community's human capital development.
Official website here: www.nemcc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Northeast Mississippi Community College Development Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has achieved a perfect score in several categories, including a fully independent board and effective oversight of financial statements. This demonstrates a high level of transparency and commitment to ethical governance.
The foundation excels in its program expense ratio, with over 84% of its budget dedicated to programmatic activities, indicating a strong focus on its mission. Additionally, its fundraising efficiency is noteworthy, with only $0.04 spent to raise each dollar, showcasing effective resource management. The foundation's working capital is also impressive, providing a financial buffer for future operations.
However, while the financial metrics are robust, the summary does not provide insights into the foundation’s program impact or community outreach. As a result, stakeholders may wish to seek additional information on how effectively the foundation is achieving its mission beyond just financial health.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Northeast Mississippi Community College Development Foundation Inc?
88% of 353 reviewers on Facebook recommend the Northeast Mississippi Community College Development Foundation Inc. Here's a summary of their reviews:
Many individuals express a strong affection for the college, highlighting the positive experience they have had with the educational opportunities provided. Enthusiastic comments reflect the dedication of the faculty and the supportive environment available to students. Overall, the college is praised for its commitment to quality education and community involvement.
This sentiment indicates a solid level of satisfaction among those who have engaged with the foundation. Reviews consistently show appreciation for the programs and services offered, suggesting that NEMCC Development Foundation truly resonates with its supporters and fulfills its mission effectively.
This AI summary has been generated from reviews found on Facebook.
Is Northeast Mississippi Community College Development Foundation Inc legitimate?
Northeast Mississippi Community College Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Mississippi 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: $201,178
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nemcc.edu/foundation
What is the mission statement of Northeast Mississippi Community College Development Foundation Inc?
The Northeast Mississippi Community College Development Foundation Inc's mission revolves around supporting the educational pursuits of students enrolled at Northeast Mississippi Community College. This support is primarily provided through the distribution of scholarships. The foundation's objective is to contribute to the college's growth and development, thereby enabling more students to access higher education. By providing financial aid, the foundation aims to reduce financial burdens for students, thereby enabling them to focus on their studies and achieve their academic goals. The foundation's activities are geared towards enhancing the educational opportunities available at Northeast Mississippi Community College.
Official website here: www.nemcc.edu/foundation
Who is the CEO of Northeast Mississippi Community College Development Foundation Inc?
Patrick Eaton is the Executive Di of Northeast Mississippi Community College Development Foundation Inc.
Official website here: www.nemcc.edu/foundation
What is the revenue of Northeast Mississippi Community College Development Foundation Inc?
Northeast Mississippi Community College Development Foundation Inc's revenue in 2022 was $6,327,206.
Official website here: www.nemcc.edu/foundation
Who are the executives of Northeast Mississippi Community College Development Foundation Inc and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.nemcc.edu/foundation
Where can I find the form 990 for Northeast Mississippi Community College Development Foundation Inc?
Northeast Mississippi Community College Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nemcc.edu/foundation
Learn more at the official website: www.nemcc.edu/foundation
Mission Statement of Northeast Mississippi Community College Development Foundation Inc
Northeast Mississippi Community College Development Foundation Inc is committed to supporting the educational endeavors of students attending Northeast Mississippi Community College. As part of its mission, the Foundation provides scholarships to help deserving students overcome financial barriers and pursue their higher education goals. By offering these scholarships, the Foundation plays a significant role in fostering academic success and preparing students for successful careers, thereby contributing to the overall development of the community. The Foundation's mission is centered around the belief that education is a powerful tool for personal and community growth, and it is dedicated to supporting the aspirations of students at Northeast Mississippi Community College.
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Impact
October, 2024
Northeast Mississippi Community College Development Foundation Inc significantly impacts the educational landscape of Northeast Mississippi by actively supporting Northeast Mississippi Community College through financial contributions and resources. The foundation plays a vital role in enhancing access to education by providing scholarships to students, which alleviates the financial burden associated with college costs. This assistance enables more individuals to pursue higher education, leading to increased enrollment, higher graduation rates, and ultimately a more educated workforce in the region.
By championing the mission of Northeast Mississippi Community College, the foundation fosters a culture of philanthropy that strengthens community ties and encourages local investment in education. The scholarships awarded help bridge financial gaps, making it possible for students from diverse backgrounds to achieve their academic and professional goals. In doing so, the foundation not only enriches individual lives but also contributes to the overall economic development and vitality of Booneville and the surrounding areas in Mississippi.
This information is meant to be a general summary of Northeast Mississippi 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: $135,456
- Program Service Revenue: $1,455
- Gross Receipts: $6,327,206
Assets and Liabilities:
- Total Assets: $9,147,275
- Total Liabilities: $31,712
- Net Assets: $9,115,563
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANT
Revenue
$1,455
Organization Details
Founding Year
1969
Phone
(662) 720-7165Principal Officer
Patrick Eaton
Main Address
101 CUNNINGHAM BLVD, BOONEVILLE, MS, 38829
Website
www.nemcc.edu/foundationNTEE Category
Code: T11 - Philanthropy
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