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Schenectady County Community College Foundation

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

EIN: 237194187 ✦ Schenectady, NY ✦ Designated as a 501(c)(3)

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Overview

What is Schenectady County Community College Foundation?

The Schenectady County Community College Foundation is a nonprofit organization located at 78 Washington Avenue, Schnectady, New York 12305. Its primary mission is to raise philanthropic donations in support of the mission of State University of New York (SUNY) Schenectady and its students. This foundation plays a crucial role in offering scholarships and awards to students, faculty, and administration, providing them with much-needed financial assistance. By raising funds, the SUNY Schenectady Foundation contributes to the college's goal of ensuring student success. With a small team of four employees, this foundation remains dedicated to supporting the educational endeavors of the community college.


Official website here: www.sunysccc.edu

What are the reviews and ratings of this charity?

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

The Schenectady County Community College Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization’s score is derived entirely from its strong performance in the Accountability & Finance beacon, showcasing its commitment to transparency and effective management practices.

Notably, the foundation has a majority independent board with 95% of its members being independent, which enhances its governance structure. It also demonstrates excellent financial oversight, with no material diversion of assets reported and a program expense ratio of 74.68%, suggesting that a significant portion of its resources is directed towards its mission-driven activities.

While the rating reflects strong operational capabilities, the focus on Accountability & Finance means that other areas such as program impact or community feedback are not evaluated in this score. Nonetheless, the foundation’s robust policies regarding conflict of interest, whistleblower protections, and document retention contribute to its reliability as a nonprofit organization.


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

Is Schenectady County Community College Foundation legitimate?

Schenectady County Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schenectady County Community 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: $132,551

For more financial information, click here


Official website here: www.sunysccc.edu

What is the mission statement of Schenectady County Community College Foundation?

The Schenectady County Community College Foundation's mission is to collect philanthropic contributions to further the objectives of SUNY Schenectady and its students. This foundation, known as the SUNY Schenectady Foundation, is established to raise funds that contribute to the college's mission of ensuring student success. One of their primary activities involves providing scholarships and awards to offer financial assistance to students, faculty, and administration. This support aids in alleviating financial burdens and ultimately contributes to the overall success of the institution and its students.


Official website here: www.sunysccc.edu

Who is the CEO of Schenectady County Community College Foundation?

Kenneth R Countermine is the Chair of Schenectady County Community College Foundation.


Official website here: www.sunysccc.edu

What is the revenue of Schenectady County Community College Foundation?

Schenectady County Community College Foundation's revenue in 2022 was $1,084,149.


Official website here: www.sunysccc.edu

Who are the executives of Schenectady County Community College Foundation and what are their salaries?

The average compensation at Schenectady County Community College Foundation during 2022 was $33,138. There are 4 employees and 20 volunteers at Schenectady County Community College Foundation.


Here are 22 key members and their salaries:


Lynn D Manning Sphr (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamison R Flor (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth R Countermine (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter L Gregory (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Steady Moono (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Fleming Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin R Buhrmaster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Odo Butler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Haraden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Margaret King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daria Mallin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne M Maloy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Marshman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Mazzotti Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra L Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Rohr Phd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Chericoni Versaci Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ma Waheed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Walrath (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan M Zongrone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Mcilduff (Vp Of Development And Exte)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sunysccc.edu

Where can I find the form 990 for Schenectady County Community College Foundation?

Schenectady County Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sunysccc.edu

Learn more at the official website: www.sunysccc.edu

Mission Statement of Schenectady County Community College Foundation

The Schenectady County Community College Foundation is committed to raising philanthropic donations in support of the mission of SUNY Schenectady and its students. This nonprofit organization, known as the SUNY Schenectady Foundation, exists with the primary goal of gathering funds that contribute to the college's mission of ensuring student success. To achieve this, the foundation provides scholarships and awards, offering financial assistance to students, faculty, and college administration. These financial aids play a crucial role in supporting the educational journey of the college's community, thereby contributing to its overall success.

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Impact




October, 2024

The Schenectady County Community College Foundation significantly enhances educational opportunities and supports student success at SUNY Schenectady. By raising philanthropic donations, the foundation facilitates scholarships and awards that provide crucial financial assistance to students. This support not only alleviates financial burdens but also empowers students to focus on their studies and achieve their academic goals. Additionally, the foundation aids faculty and administration, ensuring that educational programs remain robust and accessible. Overall, its impact is seen in the advancement of the college's mission and the ongoing success of its students in the community.




This information is meant to be a general summary of Schenectady County Community 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.

Revenue
$1,084,149 (2022)
Expenses
$869,531 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $407,474
  • Gross Receipts: $1,199,427

Assets and Liabilities:

  • Total Assets: $10,000,333
  • Total Liabilities: $311,149
  • Net Assets: $9,689,184

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Organization Details

Founding Year

1972

Principal Officer

Kenneth R Countermine

Main Address

78 WASHINGTON AVENUE, SCHENECTADY, NY, 12305

NTEE Category

Code: B41I - Education

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