Overview
What is Lehigh Valley Association Of Independent Colleges Inc?
Lehigh Valley Association of Independent Colleges Inc is a collaborative community of independent colleges and universities based in Bethlehem, Pennsylvania. Their primary focus is to optimize financial resources and operational efficiency for their member institutions by identifying strategic procurement opportunities. They do not directly purchase goods for their members but facilitate mutually beneficial agreements between the institutions and suppliers. By working together, they can collectively purchase goods and services at competitive prices, ensuring consistent and proven service, and excellent performance. With a total of 7 employees, Lehigh Valley Association of Independent Colleges Inc strengthens its members through collaboration, fostering a sense of unity among independent educational institutions.
Official website here: www.lvaic.org
Is Lehigh Valley Association Of Independent Colleges Inc legitimate?
Lehigh Valley Association Of Independent Colleges Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lehigh Valley Association Of Independent Colleges 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.
Here are some key statistics you may want to consider:
Executive Compensation: $185,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,898
For more financial information, click here
What is the mission statement of Lehigh Valley Association Of Independent Colleges Inc?
The Lehigh Valley Association of Independent Colleges Inc is a collaborative community of independent universities and colleges. Their primary mission is to strengthen their collective impact by identifying strategic procurement opportunities, aiming to maximize financial resources and operational efficiencies through effective procurement practices. They achieve this by working together to purchase goods and services collectively as a group, leveraging their collective volume and expertise. They also collaborate with group purchasing organizations (GPOS) or utilize LVAIC preferred suppliers or contracted vendors, ensuring members do business with suppliers offering competitive pricing, consistent service, and excellent performance.
Official website here: www.lvaic.org
Who is the CEO of Lehigh Valley Association Of Independent Colleges Inc?
Diane Dimitroff is the Board Of Directors, Chair of Lehigh Valley Association Of Independent Colleges Inc.
Official website here: www.lvaic.org
What is the revenue of Lehigh Valley Association Of Independent Colleges Inc?
Lehigh Valley Association Of Independent Colleges Inc's revenue in 2023 was $892,749.
Official website here: www.lvaic.org
Who are the executives of Lehigh Valley Association Of Independent Colleges Inc and what are their salaries?
The average compensation at Lehigh Valley Association Of Independent Colleges Inc during 2023 was $60,512. There are 7 employees and 8 volunteers at Lehigh Valley Association Of Independent Colleges Inc.
Here are 9 key members and their salaries:
- Diane Dimitroff (Executive Director/Secretary)
- Elizabeth Meade (Board Of Directors, Chair)
- Fr James Greenfield (Board Of Directors, Vice Chair)
- Bryon Grigsby (Board Of Directors)
- Kathleen Harring (Board Of Directors)
- Joseph Helble (Board Of Directors)
- Nicole Hurd (Board Of Directors)
- Kent Dyer (Treasurer)
- Mark Reed (Assistant Treasurer)
Official website here: www.lvaic.org
Where can I find the form 990 for Lehigh Valley Association Of Independent Colleges Inc?
The Lehigh Valley Association Of Independent Colleges Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.lvaic.org
Learn more at the official website: www.lvaic.org
Mission Statement of Lehigh Valley Association Of Independent Colleges Inc
Lehigh Valley Association of Independent Colleges Inc, often referred to as LVAIC, is a community of independent colleges and universities that strengthen their collaborative efforts. Their mission is centered around growth and strengthening through collaboration. LVAIC identifies strategic sourcing and procurement opportunities, catering to the common needs of its members. Unlike directly purchasing goods for its members, LVAIC works in conjunction with its members and suppliers to establish mutually beneficial agreements. This collaborative approach enables members to collectively purchase goods and services at optimal prices, thereby maximizing their financial resources and operational efficiencies.
LVAIC institutions collaborate to identify high-value opportunities for joint purchasing. They achieve this through membership in group purchasing organizations (GPOS) or by partnering with LVAIC preferred suppliers or contracted vendors. By doing business with LVAIC's preferred suppliers or contracted vendors, members are assured of competitive pricing, consistent service, and excellent performance. This collaborative approach allows LVAIC to leverage its collective volume and expertise, thereby providing numerous benefits to its member institutions.
Impact
This information is meant to be a general summary of Lehigh Valley Association Of Independent Colleges Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Lehigh Valley Association Of Independent Colleges Inc's impact lies in fostering collaboration between independent colleges and universities to enhance their collective purchasing power. By identifying strategic sourcing and procurement opportunities that meet the common needs of its members, LVAIC enables institutions to maximize their financial resources and operational efficiencies through effective procurement practices. This collective approach allows members to leverage their combined volume and expertise, ultimately facilitating cost savings and improved services. Through group purchasing initiatives and partnerships with preferred suppliers, LVAIC contributes to strengthening the financial sustainability and operational effectiveness of its member institutions in the education sector.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROUP PURCHASING
Revenue
$326,379
HEALTH INSURANCE CONSO
Revenue
$42,262
RESEARCH CONSORTIUM
Revenue
$1,150
Organization Details
Founding Year
1969
Phone
(610) 625-7888
Principal Officer
Diane Dimitroff
Main Address
1309 MAIN STREET, BETHLEHEM, PA, 18018
Website
www.lvaic.org
NTEE Category
Code: B42A - Education
If you are a representative of Lehigh Valley Association Of Independent Colleges 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.