Overview
What is Holmes Community College Development Foundation Inc?
Holmes Community College Development Foundation Inc, often referred to as HCCDF, is a nonprofit organization located in Goodman, Mississippi. Their primary mission is to promote, encourage, assist, and support education and research at Holmes Community College through the provision of scholarships and other educational resources. By utilizing contributions received, HCCDF provides financial aid to students attending the Goodman, Grenada, and Ridgeland campuses of Holmes Community College. With a small team of four individuals, HCCDF plays an essential role in helping students pursue their educational goals at Holmes Community College.
Official website here: www.holmescc.edu/alumni/foundation.asp
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Holmes Community College Development Foundation Inc has received a Two-Star rating from Charity Navigator, reflecting a 73% score based primarily on its Accountability & Finance metrics. The organization demonstrates strengths in areas such as having a majority independent board and no material diversion of assets. These factors contribute positively to its financial transparency and governance structure.
However, the foundation has notable weaknesses that impact its overall rating. Specifically, it lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have led to significant deductions in the accountability score. Additionally, the absence of the organization's tax form on its website further diminishes transparency.
Overall, while there are commendable aspects regarding governance and financial health, the missing policies and documentation indicate areas for improvement for the Holmes Community College Development Foundation Inc. Addressing these shortcomings could enhance its accountability rating and foster greater trust with potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Holmes Community College Development Foundation Inc legitimate?
Holmes Community College Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holmes Community College Development 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: $50,828
For more financial information, click here
Official website here: www.holmescc.edu/alumni/foundation.asp
What is the mission statement of Holmes Community College Development Foundation Inc?
The Holmes Community College Development Foundation Inc's mission is to actively encourage, support, and promote education and research at Holmes Community College. They accomplish this by funding scholarships and various educational resources. The foundation's activities are geared towards assisting students attending the Goodman, Grenada, and Ridgeland campuses of Holmes Community College. The foundation's primary objective is to contribute to the educational growth and development of its students. Through scholarship programs and addressing educational needs, the foundation aims to empower students and further their academic pursuits.
Official website here: www.holmescc.edu/alumni/foundation.asp
Who is the CEO of Holmes Community College Development Foundation Inc?
Jessie Leverette is the President of Holmes Community College Development Foundation Inc.
Official website here: www.holmescc.edu/alumni/foundation.asp
What is the revenue of Holmes Community College Development Foundation Inc?
Holmes Community College Development Foundation Inc's revenue in 2022 was $465,156.
Official website here: www.holmescc.edu/alumni/foundation.asp
Who are the executives of Holmes Community College Development Foundation Inc and what are their salaries?
The average compensation at Holmes Community College Development Foundation Inc during 2022 was $12,707. There are 4 employees at Holmes Community College Development Foundation Inc.
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Official website here: www.holmescc.edu/alumni/foundation.asp
Where can I find the form 990 for Holmes Community College Development Foundation Inc?
Holmes Community College Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.holmescc.edu/alumni/foundation.asp
Learn more at the official website: www.holmescc.edu/alumni/foundation.asp
Mission Statement of Holmes Community College Development Foundation Inc
Holmes Community College Development Foundation Inc is committed to fostering and encouraging all forms of education and research at Holmes Community College. To achieve this, they provide financial support in the form of scholarships and other educational resources. Their mission is to assist students attending Holmes Community College at its Goodman, MS, Grenada, MS, and Ridgeland, MS campuses, ensuring they have the necessary educational tools to succeed. By funding scholarships and addressing educational needs as per the terms of contributions received, Holmes Community College Development Foundation Inc plays a vital role in promoting learning and research within the institution.
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Impact
July, 2024
Holmes Community College Development Foundation Inc plays a crucial role in supporting education and research at Holmes Community College through the funding of scholarships and other educational initiatives. By providing scholarships and educational resources to students at the Goodman, Grenada, and Ridgeland campuses, the foundation is directly contributing to the academic success and professional development of individuals in Mississippi. Through its mission to promote, encourage, assist, and support all forms of education, the foundation is making a tangible impact on the lives of students and the broader community.
This information is meant to be a general summary of Holmes Community College Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $130,001
- Gross Receipts: $475,221
Assets and Liabilities:
- Total Assets: $9,868,339
- Total Liabilities: $75,425
- Net Assets: $9,792,914
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Organization Details
Founding Year
1974
Phone
(662) 472-9067Principal Officer
Jessie Leverette
Main Address
PO BOX 527, GOODMAN, MS, 39079
NTEE Category
Code: B11 - Education
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