Overview
What is National Association For Community College Entrepreneurship Inc?
The National Association for Community College Entrepreneurship Inc, headquartered in Springfield, Massachusetts, serves as a leading organization dedicated to promoting entrepreneurial spirit and actions within one of North America's vast entrepreneurial landscapes. By offering grants to its member organizations, NACCE facilitates the continuation of entrepreneurship education through various channels. With a mission to foster innovation, NACCE provides essential leadership and resources, aiming to make entrepreneurship education sustainable and scalable within their extensive network. Currently, the organization boasts a team of nine dedicated professionals.
Official website here: www.nacce.com
What are the reviews and ratings of this charity?
Charity Navigator has rated the National Association For Community College Entrepreneurship Inc with an 87%, achieving a Three-Star out of Four Star rating. This score is derived solely from its accountability and finance metrics, indicating a strong focus on transparency and governance. The organization boasts a fully independent board, a significant indicator of trustworthiness, and maintains a low liabilities to assets ratio, reflecting financial stability.
Strengths of the organization include a high program expense ratio of over 95%, suggesting that the majority of its resources are directed towards its mission. Moreover, various governance practices are in place, such as a conflict of interest policy and a whistleblower policy, both of which are vital for operational integrity. However, the charity did receive a low fundraising efficiency score, which might raise concerns about its ability to generate funds effectively for its programs.
Currently, there are no user reviews available from GreatNonprofits to provide additional insights from the community. Overall, the National Association For Community College Entrepreneurship Inc demonstrates solid financial practices and accountability while facing challenges in fundraising efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is National Association For Community College Entrepreneurship Inc legitimate?
National Association For Community College Entrepreneurship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Association For Community College Entrepreneurship 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: $174,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $696,080
For more financial information, click here
Official website here: www.nacce.com
What is the mission statement of National Association For Community College Entrepreneurship Inc?
The National Association for Community College Entrepreneurship Inc, abbreviated as NACCE, is committed to providing leadership and resources that foster entrepreneurial thinking and action within a substantial entrepreneurial network in North America. Their mission is to sustainably and scalably empower community colleges to encourage an entrepreneurial mindset and actions. They achieve this by offering grants to member organizations, enabling them to continue promoting entrepreneurship education through various channels.
Official website here: www.nacce.com
Who is the CEO of National Association For Community College Entrepreneurship Inc?
Rebecca Corbin is the President & Ceo of National Association For Community College Entrepreneurship Inc. The CEO's salary of National Association For Community College Entrepreneurship Inc is $174,892 and their total compensation is $174,892.
Official website here: www.nacce.com
What is the revenue of National Association For Community College Entrepreneurship Inc?
National Association For Community College Entrepreneurship Inc's revenue in 2022 was $8,892,777.
Official website here: www.nacce.com
Who are the executives of National Association For Community College Entrepreneurship Inc and what are their salaries?
The average compensation at National Association For Community College Entrepreneurship Inc during 2022 was $96,775. There are 9 employees at National Association For Community College Entrepreneurship Inc.
Here are 15 key members and their salaries (National Association For Community College Entrepreneurship Inc's CEO's salary is $174,892 and their total compensation is $174,892):
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Official website here: www.nacce.com
Where can I find the form 990 for National Association For Community College Entrepreneurship Inc?
National Association For Community College Entrepreneurship Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nacce.com
Learn more at the official website: www.nacce.com
Mission Statement of National Association For Community College Entrepreneurship Inc
The National Association for Community College Entrepreneurship Inc plays a significant role in encouraging entrepreneurial thinking and action within one of the largest entrepreneurial ecosystems in North America. Their mission, in essence, is to offer leadership and sustainable, scalable resources that catalyze this mindset. By doing so, they aim to foster a culture of innovation and business development within community colleges, thereby contributing to a robust entrepreneurial landscape. The association provides grants to its member organizations to facilitate the continued delivery of entrepreneurship education through various channels.
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Impact
October, 2024
The National Association for Community College Entrepreneurship Inc. plays a crucial role in fostering entrepreneurial thinking and action across the vast network of community colleges in North America. By providing leadership and sustainable resources, NACCE empowers educational institutions to cultivate an entrepreneurial ecosystem that supports students, faculty, and the broader community.
Through targeted grants to member organizations, NACCE enhances entrepreneurship education, ensuring that resources are available to develop innovative programs and initiatives. This support helps individuals cultivate essential skills for starting and managing businesses, contributing to local economies and job creation.
NACCE's impact is felt throughout the community college landscape, as it encourages collaboration and knowledge-sharing among educators, entrepreneurs, and institutions. By nurturing an environment where entrepreneurship can thrive, NACCE is instrumental in preparing a workforce equipped for the challenges of today's economy while driving sustainable development and innovation at the local level.
This information is meant to be a general summary of National Association For Community College Entrepreneurship 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.
- Program Service Revenue: $923,198
- Gross Receipts: $8,892,777
Assets and Liabilities:
- Total Assets: $5,943,687
- Total Liabilities: $273,541
- Net Assets: $5,670,146
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEES
Revenue
$37,180
MEMBERSHIP DUES
Revenue
$245,058
OTHER
Revenue
$67,085
REGISTRATIONS
Revenue
$327,821
SPONSOR FEES
Revenue
$221,054
Organization Details
Founding Year
2007
Phone
(413) 306-3131Principal Officer
Rebecca Corbin
Main Address
ONE FEDERAL ST SUITE 101, SPRINGFIELD, MA, 01105
Website
www.nacce.comNTEE Category
Code: B03 - Education
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