Overview
What is South Suburban College Foundation?
South Suburban College Foundation is a nonprofit organization dedicated to upholding the educational aims and objectives of South Suburban College. Their primary focus lies in providing scholarships to students, thereby contributing significantly to their educational journey. By supporting this foundation, one is essentially contributing to the enrichment of academic opportunities for numerous students.
Official website here: www.ssc.edu/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating. The South Suburban College Foundation has received a moderate rating, indicating some strengths in governance and financial accountability, while also highlighting areas for improvement in transparency and operational policies.
The foundation boasts a fully independent board, ensuring that all members are free from conflicts of interest, which is a significant strength. Additionally, there has been no material diversion of assets, contributing to a strong financial foundation with a favorable liabilities to assets ratio of 5.57%. However, the organization falls short on several critical policies, particularly the absence of a whistleblower policy and document retention guidelines.
With a program expense ratio of 57.39%, the foundation allocates more than half of its expenditures towards programs, which is a positive sign, yet its score in this area reflects potential inefficiencies. Overall, while the South Suburban College Foundation demonstrates strong governance and financial health, addressing its policy gaps would enhance its accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is South Suburban College Foundation legitimate?
South Suburban College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Suburban College Foundation 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.ssc.edu/
What is the mission statement of South Suburban College Foundation?
The South Suburban College Foundation's mission is centered around supporting the educational goals and objectives of South Suburban College. Their primary focus is on providing scholarships to students, aiming to make higher education more accessible and affordable. By doing so, they contribute significantly to the academic growth and success of numerous students. The foundation's activities are primarily geared towards fostering educational opportunities and alleviating financial barriers for students.
Official website here: www.ssc.edu/
Who is the CEO of South Suburban College Foundation?
John A Velez is the President of South Suburban College Foundation.
Official website here: www.ssc.edu/
What is the revenue of South Suburban College Foundation?
South Suburban College Foundation's revenue in 2022 was $864,168.
Official website here: www.ssc.edu/
Who are the executives of South Suburban College Foundation and what are their salaries?
There 19 volunteers at South Suburban College Foundation.
Here are 27 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ssc.edu/
Where can I find the form 990 for South Suburban College Foundation?
South Suburban College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ssc.edu/
Learn more at the official website: www.ssc.edu/
Mission Statement of South Suburban College Foundation
The South Suburban College Foundation is dedicated to supporting the educational aims and objectives of South Suburban College. Its primary focus is on providing scholarships for students, demonstrating a commitment to helping learners achieve their academic goals. By offering financial assistance, this nonprofit organization plays a crucial role in making higher education more accessible and affordable for numerous students.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The South Suburban College Foundation significantly enhances the educational landscape by focusing on student scholarships, ensuring that financial barriers do not hinder access to quality education. By providing vital support to students, the Foundation empowers individuals to pursue their academic and career goals, fostering a more educated workforce in the region. This commitment to education not only benefits students but also strengthens the community as a whole, promoting economic growth and development in South Holland, IL. Through its efforts, the Foundation plays a crucial role in transforming lives and creating opportunities for future generations.
This information is meant to be a general summary of South Suburban College Foundation. 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: $24,422
- Program Service Revenue: $221,753
- Gross Receipts: $864,168
Assets and Liabilities:
- Total Assets: $1,698,599
- Total Liabilities: $120,080
- Net Assets: $1,578,519
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WEI FUND WORKFORCE EQUITY INITIATIVE
Revenue
$54,000
ECMC FUND EDUCATIONAL CREDIT MANAGEMENT CORP
Revenue
$44,000
ECMC PEER MENTOR FUND
Revenue
$60,000
COLLEGE FACILITY ROOM RENOVATION MI JACK FUND
Revenue
$23,753
BCBS COVID19 VACCINE INITIATION GRANT
Revenue
$20,000
Organization Details
Founding Year
1975
Phone
(708) 596-2000Principal Officer
John A Velez
Main Address
15800 SOUTH STATE STREET, SOUTH HOLLAND, IL, 60473
Website
www.ssc.edu/NTEE Category
Code: B42 - Education
If you are a representative of South Suburban College Foundation 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.