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Tompkins Cortland Community College Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237083038 ✦ Dryden, NY ✦ Designated as a 501(c)(3)

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Overview

What is Tompkins Cortland Community College Foundation Inc?

Tompkins Cortland Community College Foundation Inc is a nonprofit organization situated in Dryden, New York, specifically at 170 North Street, ZIP code 13053. Its primary mission is to boost learning opportunities for students enrolled at Tompkins Cortland Community College. The foundation accomplishes this by securing resources, providing student housing, and granting scholarships to meritorious students, thereby enabling them to attend the college. Furthermore, the foundation invests in purchasing necessary equipment and improving college facilities. With a total of 46 employees, the foundation has awarded scholarships to 241 students based on their academic achievements, as stated in the information provided.


Official website here: www.tompkinscortland.edu/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Tompkins Cortland Community College Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on the organization's Accountability & Finance metrics, which indicate a strong commitment to financial transparency and ethical governance. The foundation has demonstrated exemplary practices, including a majority of independent board members and thorough financial oversight, contributing positively to its overall score.

The foundation excels in several areas, particularly its program expense ratio, which stands at an impressive 98.01%. This indicates that nearly all of its expenditures are directed towards its mission, ensuring that a significant portion of donations directly supports community initiatives. Additionally, the foundation has implemented robust policies regarding conflict of interest and whistleblower protections, which further enhance its accountability.

While the foundation has achieved a commendable score, the rating is solely based on financial metrics. There may be other qualitative factors to consider, such as program impact and community engagement, which are not reflected in this rating. Nonetheless, the foundation's high standards in governance and financial responsibility suggest it is a trustworthy organization for potential donors.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Tompkins Cortland Community College Foundation Inc?

82% of 250 reviewers on Facebook recommend the Tompkins Cortland Community College Foundation Inc. Here is a summary of their reviews:

The college community is praised for its friendly and supportive environment, particularly in assisting families with college planning. Many reviewers highlight the helpfulness of the staff, noting their commitment to providing guidance during the educational process, making it easier for students and parents alike.

Overall, the foundation appears to effectively support its mission, as many comments reflect a positive experience with the services offered. The warmth and dedication of the team contribute to a welcoming atmosphere that encourages families to seek their assistance.


This AI summary has been generated from reviews found on Facebook.

Is Tompkins Cortland Community College Foundation Inc legitimate?

Tompkins Cortland Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tompkins Cortland 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $761,068

For more financial information, click here


Official website here: www.tompkinscortland.edu/foundation

What is the mission statement of Tompkins Cortland Community College Foundation Inc?

The Tompkins Cortland Community College Foundation Inc's mission is centered around securing resources to enhance learning opportunities for students of the college. They achieve this by providing scholarships to deserving students, enabling them to attend the college. Additionally, the foundation awards scholarships based on academic achievements. Besides scholarships, grants are provided to purchase necessary equipment and facilities for Tompkins Cortland Community College. In the 202x data provided, 241 students received scholarships.


Official website here: www.tompkinscortland.edu/foundation

Who is the CEO of Tompkins Cortland Community College Foundation Inc?

Julie Gerg is the Executive Director of Tompkins Cortland Community College Foundation Inc.


Official website here: www.tompkinscortland.edu/foundation

What is the revenue of Tompkins Cortland Community College Foundation Inc?

Tompkins Cortland Community College Foundation Inc's revenue in 2022 was $6,781,975.


Official website here: www.tompkinscortland.edu/foundation

Who are the executives of Tompkins Cortland Community College Foundation Inc and what are their salaries?

The average compensation at Tompkins Cortland Community College Foundation Inc during 2022 was $16,545. There are 46 employees and 25 volunteers at Tompkins Cortland Community College Foundation Inc.


Here are 19 key members and their salaries:


Thomas Vanderzee (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Danks Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Fuller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Haight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Priest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Swinnich (Faculty Liaison)
  • Compensation: $0
  • Related: $114,450
  • Other: $39,957
Douglas Bently (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Grantham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Raupers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Turck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Younger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mcsherry (Board Of Trustees Liaison)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Reifenheiser (College Administrator In Charge)
  • Compensation: $0
  • Related: $144,730
  • Other: $36,142
Amy Kremenek (College President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Gerg (Executive Director)
  • Compensation: $0
  • Related: $93,280
  • Other: $33,605
Mutale Sokoni (Chief Financial Officer)
  • Compensation: $0
  • Related: $104,889
  • Other: $33,341


Official website here: www.tompkinscortland.edu/foundation

Where can I find the form 990 for Tompkins Cortland Community College Foundation Inc?

Tompkins Cortland Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tompkinscortland.edu/foundation

Learn more at the official website: www.tompkinscortland.edu/foundation

Mission Statement of Tompkins Cortland Community College Foundation Inc

Tompkins Cortland Community College Foundation Inc is committed to securing resources to enhance the learning opportunities for students attending Tompkins Cortland Community College. The primary mission of this organization is to provide scholarships to deserving students based on their academic achievements, enabling them to attend the college. In addition to scholarships, the foundation also awards grants to purchase necessary equipment and facilities for the college. By doing so, Tompkins Cortland Community College Foundation Inc plays a significant role in supporting the educational journey of its students, contributing to their academic success and overall growth.

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Impact




October, 2024

Tompkins Cortland Community College Foundation Inc significantly enhances educational opportunities for students by securing vital resources aimed at improving learning experiences at the college. The foundation primarily awards scholarships based on academic achievements, directly supporting 241 students in their pursuit of higher education. Additionally, it provides essential grants for acquiring equipment and upgrading facilities, ensuring that the college maintains a conducive learning environment. By facilitating student housing and connecting contributions to tangible support for educational endeavors, the foundation plays a crucial role in empowering students to thrive academically and achieve their educational goals.




This information is meant to be a general summary of Tompkins Cortland 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.

Revenue
$6,781,975 (2022)
Expenses
$9,342,124 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $999,566
  • Program Service Revenue: $4,269,611
  • Gross Receipts: $7,576,324

Assets and Liabilities:

  • Total Assets: $52,057,962
  • Total Liabilities: $47,363,213
  • Net Assets: $4,694,749

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT HOUSING REVENU

Revenue

$1,479,466

TC3 BISTRO SALES

Revenue

$1,402,318

REAL PROPERTY RENTAL

Revenue

$1,201,478

ADMINISTRATIVE FEES

Revenue

$168,922

TC3 FARM SALES

Revenue

$17,427

Organization Details

Founding Year

1978

Principal Officer

Julie Gerg

Main Address

170 NORTH STREET, DRYDEN, NY, 13053

NTEE Category

Code: X99Z - Religion related

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