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Mount Wachusett 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: 237136083 ✦ Gardner, MA ✦ Designated as a 501(c)(3)

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Overview

What is Mount Wachusett Community College Foundation Inc?

Mount Wachusett Community College Foundation Inc, located at 444 Green Street, Gardner, MA 01440, is a nonprofit organization dedicated to promoting education and research excellence. They achieve this by awarding grants and scholarships, contributing to the growth and improvement of the college. The mission of this foundation is to secure resources from both private and public sources, enabling the college to provide affordable education and implement various social, economic, and cultural initiatives.


Official website here: www.mwcc.edu/giving/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Mount Wachusett Community College Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is based solely on this category, with a high score of 96%, indicating a solid foundation in these areas. This rating is important as it signifies that the organization is prudent with financial management and adheres to transparency and ethical standards.

The foundation demonstrates a commitment to governance, featuring 89% independent board members and a robust audit and oversight committee. Furthermore, it has established policies for conflict of interest, whistleblowing, and document retention, all of which contribute to its high accountability score. The organization's financial health is also notable, as evidenced by its liabilities to assets ratio of just 0.82% and a program expense ratio of 86.66%, which shows that a significant portion of its resources is directed toward its mission.

While the foundation excels in financial management and governance, user feedback on its broader impact or community engagement has not been detailed in the available data. Nonetheless, the strong metrics indicate a well-managed organization that prioritizes accountability, making it a trustworthy choice for potential donors and supporters.


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

What do the Facebook reviews say about Mount Wachusett Community College Foundation Inc?

92% of 245 reviewers on Facebook recommend the Mount Wachusett Community College Foundation Inc. Here is a summary of their reviews:

Many participants appreciate the value this nonprofit provides, highlighting its fair pricing and extensive offerings. The sense of community seems strong, with users commenting on accessibility for families. While some acknowledged that facilities might be a bit dated, the functionality of the services remains a focal point, emphasizing that the essentials are well-maintained.

Overall, there is a favorable sentiment towards the foundation, indicating that it effectively meets the needs of its community members. Reviewers resonate with the practical approach of the services, leading to a positive view of their experiences.


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

Is Mount Wachusett Community College Foundation Inc legitimate?

Mount Wachusett Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Wachusett 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: $0

For more financial information, click here


Official website here: www.mwcc.edu/giving/

What is the mission statement of Mount Wachusett Community College Foundation Inc?

The mission of Mount Wachusett Community College Foundation Inc, as stated, is to pursue various resources from both private and public sources. This pursuit enables the college to offer accessible and affordable education, and facilitates the implementation of social, economic, and cultural initiatives. The foundation's primary activity involves awarding grants and scholarships, while its overall goal is to foster and promote excellence in education and research through these means. Additionally, the foundation plays a role in supporting the growth and improvement of the college.


Official website here: www.mwcc.edu/giving/

Who is the CEO of Mount Wachusett Community College Foundation Inc?

Carla Zottoli is the Executive Director of Mount Wachusett Community College Foundation Inc.


Official website here: www.mwcc.edu/giving/

What is the revenue of Mount Wachusett Community College Foundation Inc?

Mount Wachusett Community College Foundation Inc's revenue in 2022 was $1,604,293.


Official website here: www.mwcc.edu/giving/

Who are the executives of Mount Wachusett Community College Foundation Inc and what are their salaries?

There 20 volunteers at Mount Wachusett Community College Foundation Inc.


Here are 21 key members and their salaries:


Walter J Dwyer Iv (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Feehan (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Zottoli (Executive Director)
  • Compensation: $0
  • Related: $113,147
  • Other: $11,802
Scot Barrett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eve Marie Nezich Ceryanek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Colameta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Steele (Director)
  • Compensation: $0
  • Related: $104,172
  • Other: $0
Charles Bowles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanie Connolly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Flanagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winfield Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Canty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Groffry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Lafond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celeste Drake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas J Petersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Tessman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Martino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Glenny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Boissineau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Nascimento (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mwcc.edu/giving/

Where can I find the form 990 for Mount Wachusett Community College Foundation Inc?

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


Official website here: www.mwcc.edu/giving/

Learn more at the official website: www.mwcc.edu/giving/

Mission Statement of Mount Wachusett Community College Foundation Inc

Mount Wachusett Community College Foundation Inc, with a mission to secure financial support from both private and public sources, strives to make higher education more accessible and affordable for all. The foundation's primary objective is to foster and promote excellence in education and research through the allocation of grants. By doing so, it aims to contribute to the growth and improvement of Mount Wachusett Community College, ensuring it remains a vital resource for the community. The mission of Mount Wachusett Community College Foundation Inc is therefore centered around empowering the college to provide quality education and implementing social, economic, and cultural initiatives.

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Impact




October, 2024

Mount Wachusett Community College Foundation Inc plays a crucial role in enhancing educational opportunities and supporting community growth in Gardner, MA. By awarding grants and scholarships, the Foundation fosters and promotes excellence in education and research, making a significant impact on students' lives.

Through its mission to secure resources from private and public sources, the Foundation enables the college to offer accessible and affordable education. This support not only facilitates individual academic achievement but also contributes to broader social, economic, and cultural initiatives that benefit the entire community. The Foundation's efforts empower students to pursue their educational goals, leading to a more skilled workforce and a more engaged citizenry. Ultimately, the Mount Wachusett Community College Foundation Inc serves as a catalyst for positive change, driving both personal and community advancement through education.




This information is meant to be a general summary of Mount Wachusett 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
$1,604,293 (2022)
Expenses
$982,781 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $788,656
  • Gross Receipts: $2,055,902

Assets and Liabilities:

  • Total Assets: $8,584,275
  • Total Liabilities: $71,666
  • Net Assets: $8,512,609

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Organization Details

Founding Year

1971

Principal Officer

Carla Zottoli

Main Address

444 GREEN STREET, GARDNER, MA, 01440

NTEE Category

Code: B114 - Education

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