Overview
What is The Scholarship Committee Inc Of The Salem High School Alumni Assoc?
The Scholarship Committee Inc of the Salem High School Alumni Association, located in Salem, Ohio, is a small nonprofit organization with a mission to award scholarships to deserving students from Salem High School who are pursuing post-secondary education. Established criteria are used to select scholarship recipients, and an independent committee within the Board of Trustees oversees this process. Beyond scholarships, the organization also manages assets, including memorabilia, for future generations. It aims to foster student and alumni development, honoring the organization's past by nurturing friendships and enriching memories. The organization's primary activity is the granting of post-secondary education scholarships.
Official website here: www.salemohioalumni.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Scholarship Committee Inc Of The Salem High School Alumni Association has achieved an 80% rating, reflecting a solid commitment to accountability and financial management. With a high program expense ratio of 92.29%, it demonstrates effective allocation of resources directly towards its mission. The organization boasts 100% independent board members, ensuring unbiased governance and oversight.
Strengths of the organization include comprehensive policies for conflict of interest, whistleblower protection, and document retention, all of which enhance transparency and trust. The impact evaluation indicates that the scholarships provided significantly improve the income of recipients, showcasing the effectiveness of its programs.
However, while the overall score is commendable, the Culture & Community score of 73 suggests there may be areas for improvement in community engagement and organizational culture. This could indicate a need for greater outreach or communication with the community it serves.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Scholarship Committee Inc Of The Salem High School Alumni Assoc?
92% of 7 reviewers on Facebook recommend The Scholarship Committee Inc of the Salem High School Alumni Association. Here is a summary of their reviews:
Many reviewers express a strong sense of pride in the opportunities provided to students from Salem High School. The sentiment highlights a positive perception of the impact that the organization has on supporting local students through scholarships. Commenters appreciate the commitment to educational advancement within the community.
Overall, the general impression is that the Scholarship Committee effectively fosters growth and development among students, enhancing their educational experiences and future prospects.
This AI summary has been generated from reviews found on Facebook.
Is The Scholarship Committee Inc Of The Salem High School Alumni Assoc legitimate?
The Scholarship Committee Inc Of The Salem High School Alumni Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Scholarship Committee Inc Of The Salem High School Alumni Assoc 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: $83,005
For more financial information, click here
Official website here: www.salemohioalumni.org
What is the mission statement of The Scholarship Committee Inc Of The Salem High School Alumni Assoc?
The Scholarship Committee Inc of the Salem High School Alumni Association has a mission to award post-secondary education scholarships to qualified students. This organization also manages assets, including memorabilia, for future generations. Furthermore, it aims to foster student and alumni development and honor the organization's past by nurturing friendships and enriching memories. The committee grants scholarships based on established criteria, with recipients selected by an independent committee of the board of trustees.
Official website here: www.salemohioalumni.org
What is the revenue of The Scholarship Committee Inc Of The Salem High School Alumni Assoc?
The Scholarship Committee Inc Of The Salem High School Alumni Assoc's revenue in 2023 was $449,354.
Official website here: www.salemohioalumni.org
Who are the executives of The Scholarship Committee Inc Of The Salem High School Alumni Assoc and what are their salaries?
The average compensation at The Scholarship Committee Inc Of The Salem High School Alumni Assoc during 2023 was $41,502. There are 2 employees and 25 volunteers at The Scholarship Committee Inc Of The Salem High School Alumni Assoc.
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Official website here: www.salemohioalumni.org
Where can I find the form 990 for The Scholarship Committee Inc Of The Salem High School Alumni Assoc?
The Scholarship Committee Inc Of The Salem High School Alumni Assoc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.salemohioalumni.org
Learn more at the official website: www.salemohioalumni.org
Mission Statement of The Scholarship Committee Inc Of The Salem High School Alumni Assoc
The Scholarship Committee Inc of the Salem High School Alumni Assoc is committed to awarding post-secondary education scholarships to qualified students. This organization, a part of the Salem High School Alumni Association of Ohio, has a broader mission beyond just granting scholarships. It aims to manage assets, including memorabilia, for future generations, foster student and alumni development, and honor the organization's past by nurturing friendships and enriching memories. The Scholarship Committee selects scholarship recipients based on established criteria, with an independent committee from the Board of Trustees overseeing the process. This nonprofit organization's mission is essential in providing financial assistance to deserving students, thereby contributing to their academic growth and future success.
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Impact
October, 2024
The Scholarship Committee Inc of the Salem High School Alumni Association significantly impacts the community by empowering Salem High School graduates to pursue higher education. By granting post-secondary education scholarships based on established criteria, the committee alleviates financial burdens for students, making college and vocational training more accessible. This support helps bridge the gap between aspiration and achievement for many young individuals, enabling them to further their education and enhance their career opportunities.
The committee’s efforts foster a culture of educational excellence and community spirit, encouraging both current students and alumni to engage with one another. By nurturing friendships and enriching memories, it strengthens the bonds of the Salem High School community, promoting a sense of belonging and shared purpose. This commitment to student and alumni development not only honors the organization’s past but also invests in the future of the community, laying the groundwork for a more educated and capable generation.
This information is meant to be a general summary of The Scholarship Committee Inc Of The Salem High School Alumni Assoc. 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 2023.
- Investment Income: $290,667
- Program Service Revenue: $5,560
- Gross Receipts: $2,199,385
Assets and Liabilities:
- Total Assets: $11,755,684
- Total Liabilities: $2,486
- Net Assets: $11,753,198
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BANQUET
Revenue
$5,425
FUNDRAISING
Revenue
$135
Organization Details
Founding Year
1947
Principal Officer
Mary Winch-Korff
Website
www.salemohioalumni.orgNTEE Category
Code: B82Z - Education
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