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Midplains Comm College Area Fac Cor

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

EIN: 263947286 ✦ North platte, NE ✦ Designated as a 501(c)(3)

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Overview

What is Midplains Comm College Area Fac Cor?

Midplains Comm College Area Fac Cor is a nonprofit organization based in North Platte, Nebraska. Its primary mission is to manage the bonds issued in 2011 by Mid-Plains Community College Area, a political subdivision of the state, for constructing buildings on the college campus. The organization leases these constructed buildings to Mid-Plains Community College. Its programs primarily revolve around the Facilities Corporation, which plays a crucial role in expanding and improving the college's infrastructure.


Official website here: www.mpcc.edu

Is Midplains Comm College Area Fac Cor legitimate?

Midplains Comm College Area Fac Cor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midplains Comm College Area Fac Cor 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.mpcc.edu

What is the mission statement of Midplains Comm College Area Fac Cor?

The organization, Midplains Comm College Area Fac Cor, is primarily tasked with managing the bonds issued in 2011 by Mid-Plains Community College Area, a political subdivision of Nebraska, for the construction of buildings on campus. Its primary mission is to lease these constructed buildings to Mid-Plains Community College. The organization's main activities revolve around its Facilities Corp program. In essence, Midplains Comm College Area Fac Cor serves as a bridge between the issuance and utilization of the bonds, ensuring the construction and subsequent leasing of facilities for educational purposes.


Official website here: www.mpcc.edu

Who is the CEO of Midplains Comm College Area Fac Cor?

Michael Owens is the President of Midplains Comm College Area Fac Cor.


Official website here: www.mpcc.edu

What is the revenue of Midplains Comm College Area Fac Cor?

Midplains Comm College Area Fac Cor's revenue in 2022 was $444,916.


Official website here: www.mpcc.edu

Who are the executives of Midplains Comm College Area Fac Cor and what are their salaries?


Here are 3 key members and their salaries:


Michael Owens (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Stithem (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Wahlgren (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mpcc.edu

Where can I find the form 990 for Midplains Comm College Area Fac Cor?

Midplains Comm College Area Fac Cor's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mpcc.edu

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

Mission Statement of Midplains Comm College Area Fac Cor

Midplains Comm College Area Fac Cor, as a nonprofit organization, is primarily dedicated to administering the bonds issued in 2011 by Mid-Plains Community College Area, a political subdivision of the State of Nebraska. Its mission is centered around constructing buildings on the campus of Mid-Plains Community College and then leasing these structures to the college. By undertaking this role, Midplains Comm College Area Fac Cor contributes to the expansion and improvement of educational facilities at Mid-Plains Community College. The organization's programs, including the Facilities Corp, are vital in this mission, ensuring the successful administration of the bonds and the efficient lease of the constructed buildings to the college.

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Impact




October, 2024

Midplains Comm College Area Fac Cor plays a vital role in supporting educational infrastructure through the management of bonds issued for the construction of campus facilities. By administering the bonds issued in 2011, the organization ensures that Mid-Plains Community College can provide essential resources and spaces for learning. The leased buildings not only enhance the college's physical presence but also improve the educational environment for students and faculty alike. This focus on developing and maintaining campus facilities directly contributes to the college's mission of delivering quality education, ultimately fostering educational growth and community development in North Platte, NE.




This information is meant to be a general summary of Midplains Comm College Area Fac Cor. 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
$444,916 (2022)
Expenses
$444,916 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $444,916

Assets and Liabilities:

  • Total Assets: $3,960,000
  • Total Liabilities: $3,961,500
  • Net Assets: -$1,500

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Organization Details

Founding Year

2008

Principal Officer

Michael Owens

Main Address

601 WEST STATE FARM, NORTH PLATTE, NE, 69101

NTEE Category

Code: B114 - Education

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