Overview
What is Hartford Consortium For Higher Education?
The Hartford Consortium for Higher Education is a nonprofit organization situated in East Hartford, Connecticut, specifically at 349 Main Street, Second Floor. Their primary mission revolves around promoting optimal resource sharing, information exchange, and innovative educational initiatives among higher education institutions. They aim to encourage educational excellence across various stages of life and assert the role of higher education in the economic, cultural, and social fabric of Hartford and its surrounding region. In addition to their mission, the Hartford Consortium launched a college promotion program called Career Beginnings. This program targets high school students and their families, offering a range of services such as mentoring, workshops, campus visits, and recognition events to promote high school graduation and college enrollment. The consortium, with a team of 7 employees, strives to help high school students achieve academic success and prepare for their future in higher education.
Official website here: www.hartfordconsortium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Hartford Consortium For Higher Education has earned an 86% score, reflecting a strong commitment to accountability and finance. The organization's rating is based exclusively on its Accountability & Finance score, which indicates a solid foundation in these areas, with no material diversion of assets reported.
Strengths include a fully independent board composed of 9 members, adherence to essential policies such as conflict of interest and whistleblower guidelines, and a commendable liabilities to assets ratio of 27.28%. Additionally, the consortium's website is appropriately listed on its tax form, which adds to its transparency.
However, one notable limitation is the absence of documented board meeting minutes, scoring zero out of three points. This gap suggests an area for improvement in documentation practices, which could enhance organizational transparency and stakeholder trust. Overall, the organization demonstrates a strong financial framework but should address its documentation policies to further bolster its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hartford Consortium For Higher Education legitimate?
Hartford Consortium For Higher Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hartford Consortium For Higher Education 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,382
For more financial information, click here
Official website here: www.hartfordconsortium.org
What is the mission statement of Hartford Consortium For Higher Education?
The Hartford Consortium for Higher Education, through collaborative efforts among various higher education institutions, promotes the optimal sharing of collegial resources, information, expertise, and ideas. It serves as a catalyst for innovative educational initiatives that respond to the changing education environment, encourages educational excellence across all stages of life, and asserts the role of higher education in the economic, cultural, and social life of the community. The consortium aims to improve the higher education sector by fostering collaboration and innovation.
Official website here: www.hartfordconsortium.org
Who is the CEO of Hartford Consortium For Higher Education?
Zulma Toro is the Chair of Hartford Consortium For Higher Education.
Official website here: www.hartfordconsortium.org
What is the revenue of Hartford Consortium For Higher Education?
Hartford Consortium For Higher Education's revenue in 2022 was $891,717.
Official website here: www.hartfordconsortium.org
Who are the executives of Hartford Consortium For Higher Education and what are their salaries?
The average compensation at Hartford Consortium For Higher Education during 2022 was $55,626. There are 7 employees and 8 volunteers at Hartford Consortium For Higher Education.
Here are 9 key members and their salaries:
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- Compensation: $55,000
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Official website here: www.hartfordconsortium.org
Where can I find the form 990 for Hartford Consortium For Higher Education?
Hartford Consortium For Higher Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hartfordconsortium.org
Learn more at the official website: www.hartfordconsortium.org
Mission Statement of Hartford Consortium For Higher Education
The Hartford Consortium for Higher Education, through collaborative efforts among various higher education institutions, aims to foster optimal sharing of collegial resources, information, expertise, and ideas. This organization serves as a catalyst for innovative educational initiatives that respond to a changing education environment. By encouraging educational excellence across the lifespan, the Hartford Consortium asserts the significant role of higher education in shaping the economic, cultural, and social life of communities beyond Hartford and its region.
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Impact
October, 2024
Hartford Consortium for Higher Education significantly impacts the community through collaborative endeavors among various higher education institutions. By promoting the optimal sharing of resources, information, expertise, and ideas, it serves as a catalyst for innovative educational initiatives that effectively respond to the evolving educational landscape.
One of its key initiatives, the Career Beginnings program, specifically targets high school students and their families. This program supports youth by providing comprehensive services aimed at enhancing high school graduation rates and facilitating college enrollment. These services include mentoring, personalized advising, workshops on admissions and financial aid, campus visits, and recognition events for students who excel academically.
In addition to fostering educational achievement, the Consortium underscores the critical role that higher education plays in the economic, cultural, and social vitality of Hartford and the surrounding region. Through its initiatives, it encourages lifelong educational excellence and actively contributes to the community’s overall development and well-being.
This information is meant to be a general summary of Hartford Consortium For Higher Education. 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: $30
- Gross Receipts: $891,717
Assets and Liabilities:
- Total Assets: $725,521
- Total Liabilities: $92,773
- Net Assets: $632,748
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Organization Details
Founding Year
1972
Phone
(860) 702-3801Principal Officer
Zulma Toro
Main Address
349 MAIN STREET SECOND FLOOR, EAST HARTFORD, CT, 06118
Website
www.hartfordconsortium.orgNTEE Category
Code: H00 - Medical research
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