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James A Rhodes State 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: 341266573 ✦ Lima, OH ✦ Designated as a 501(c)(3)

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Overview

What is James A Rhodes State College Foundation?

The James A Rhodes State College Foundation is a nonprofit organization situated in Lima, Ohio, with an address at 4240 Campus Drive, 45804. Its primary role is to foster community and financial support for Rhodes State College. This support is sourced from both public and private sectors, aiming to aid the college in fulfilling its mission to serve the community. The foundation plays a significant part in awarding student scholarships and funding various academic programs at Rhodes State College through grants.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

The James A Rhodes State College Foundation has received a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The foundation scored 94% in this category, which reflects its effective governance practices and financial health. Such a high score in accountability suggests that donors can trust the foundation to utilize their contributions responsibly.

The foundation demonstrates excellent oversight with a fully independent board and effective financial statements. It has a robust conflict of interest policy, a whistleblower policy in place, and proper documentation practices, contributing to its positive standing in financial management. The organization also boasts a high program expense ratio of 97.31%, indicating that the majority of its funds are directed toward its mission rather than administrative costs.

While the ratings are strong, the summary emphasizes accountability and finance without providing broader insights into the foundation's specific programs or achievements. Donors may seek additional information about the impact of its services and initiatives to fully understand its effectiveness in supporting the community.


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

Is James A Rhodes State College Foundation legitimate?

James A Rhodes State College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. James A Rhodes State 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: $0

For more financial information, click here

What is the mission statement of James A Rhodes State College Foundation?

The James A. Rhodes State College Foundation's mission is to foster both community and financial support for Rhodes State College. This support is sourced from both public and private sectors, serving to aid the college in fulfilling its mission to benefit the community at large. By generating this support, the foundation facilitates the provision of student scholarships and funds for academic programs at Rhodes State College, through grants.

Who is the CEO of James A Rhodes State College Foundation?

Jane P Krites is the Board Chair of James A Rhodes State College Foundation.

What is the revenue of James A Rhodes State College Foundation?

James A Rhodes State College Foundation's revenue in 2022 was $2,232,723.

Who are the executives of James A Rhodes State College Foundation and what are their salaries?


Here are 12 key members and their salaries:


Cynthia Spiers (Ex-Officio Memb)
  • Compensation: $0
  • Related: $179,606
  • Other: $31,470
Russell Liltke (Ex-Officio Memb)
  • Compensation: $0
  • Related: $119,906
  • Other: $13,658
Kevin L Reeks (Ex-Officio Memb)
  • Compensation: $0
  • Related: $67,390
  • Other: $38,170
Mary Elmlquist-Lane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Staley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Hirschfeld (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew T Jennings (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard P Kortokrax (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane P Krites (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie L Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis O Oruma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan L Osborn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for James A Rhodes State College Foundation?

James A Rhodes State College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of James A Rhodes State College Foundation

The James A. Rhodes State College Foundation's mission is centered around generating both community and financial support for Rhodes State College. This support is sourced from both public and private sectors, serving a vital role in helping the college fulfill its mission to serve the community at large. The primary objective of the foundation is to provide financial assistance, primarily in the form of scholarships for students and funding for academic programs, through grants awarded to Rhodes State College. This support enables the college to continue its commitment to providing quality education and serving its community effectively.

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Impact




October, 2024

The James A. Rhodes State College Foundation plays a vital role in supporting the educational mission of Rhodes State College in Lima, Ohio. By generating both community and financial support from public and private sectors, the Foundation helps enhance access to quality education for students.

Through its efforts, the Foundation provides essential funding for student scholarships, allowing individuals from diverse backgrounds to pursue their academic goals without the burden of overwhelming financial debt. In addition, the Foundation facilitates grants that finance various academic programs at the college, ensuring that students receive relevant and enriching educational experiences that prepare them for their future careers.

Overall, the Foundation's impact is significant, as it not only helps to alleviate financial barriers for students but also strengthens the institution's ability to serve the community effectively. This support fosters an environment where education thrives, benefiting both the students and the broader community through an educated workforce.




This information is meant to be a general summary of James A Rhodes State 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
$2,232,723 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$3,355,756 (2022)
201120122013201420152016201720182019202020212022$0$850k$1.7M$2.55M$3.4M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: -$596,506
  • Gross Receipts: $2,232,723

Assets and Liabilities:

  • Total Assets: $6,805,067
  • Total Liabilities: $181,882
  • Net Assets: $6,623,185

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Organization Details

Founding Year

1979

Principal Officer

Jane P Krites

Main Address

4240 CAMPUS DRIVE, LIMA, OH, 45804

NTEE Category

Code: B43I - Education

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