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Treasury Institute For Higher Education Inc

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

EIN: 352107573 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Treasury Institute For Higher Education Inc?

Treasury Institute for Higher Education Inc, located in Lexington, Kentucky, is a dedicated nonprofit organization. Its primary mission is to enhance and improve the financial management and operations within institutions of higher education. By doing so, it aims to elevate the overall quality of these institutions. The institute operates with a focus on this specific area, providing valuable insights and potential solutions for better financial management within the higher education sector.


Official website here: www.treasuryinstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)

The Treasury Institute For Higher Education Inc has achieved a 76% rating on Charity Navigator, indicating a solid level of accountability and financial health. This rating reflects the organization’s strong governance practices, including a fully independent board, with all 10 members meeting the criteria for independence. The absence of any material diversion of assets further enhances its reliability.

Notable strengths include a high program expense ratio of 82.91%, signifying that the majority of its funds are directed towards its mission-related activities. The organization also maintains transparency by providing its tax forms online and documenting board meeting minutes effectively. However, it is important to note the lack of key policies such as a conflict of interest policy and a whistleblower policy, which could affect its overall governance framework.

Overall, the Treasury Institute For Higher Education Inc demonstrates commendable financial practices and transparency, although improvements in governance policies could strengthen its organizational framework and enhance donor confidence.


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

Is Treasury Institute For Higher Education Inc legitimate?

Treasury Institute For Higher Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Treasury Institute For Higher Education 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: $104,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.treasuryinstitute.org

What is the mission statement of Treasury Institute For Higher Education Inc?

The Treasury Institute For Higher Education Inc is dedicated to enhancing and improving the financial management and treasury operations within institutions of higher education. Their mission is to elevate the standards and efficiency of these financial processes, aiming to provide better financial stability and management for these educational institutions. By focusing on this area, they aim to contribute to the overall success and sustainability of higher education institutions. The Institute promotes the exchange of best practices and knowledge in treasury operations, as well as offering resources and guidance to help institutions navigate financial challenges and make informed decisions.


Official website here: www.treasuryinstitute.org

Who is the CEO of Treasury Institute For Higher Education Inc?

Susan Krauss is the Co-Exec Dire of Treasury Institute For Higher Education Inc.


Official website here: www.treasuryinstitute.org

What is the revenue of Treasury Institute For Higher Education Inc?

Treasury Institute For Higher Education Inc's revenue in 2022 was $488,715.


Official website here: www.treasuryinstitute.org

Who are the executives of Treasury Institute For Higher Education Inc and what are their salaries?

There 30 volunteers at Treasury Institute For Higher Education Inc.


Here are 9 key members and their salaries:


Jon K Speare (Co-Exec Dire)
  • Compensation: $30,000
  • Related: $5,000
  • Other: $0
Dennis W Reedy (C0-Exec Dire)
  • Compensation: $25,000
  • Related: $5,000
  • Other: $0
Susan Krauss (Associate Di)
  • Compensation: $16,000
  • Related: $0
  • Other: $0
Mary Peloquin-Dodd (Board Member)
  • Compensation: $7,750
  • Related: $0
  • Other: $0
Chris Malins (Board Member)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
James Matteo (Board Member)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Craig Mccurley (Board Member)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Colin R Redhead (Board Member)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Valarie Van Vlack (Board Member)
  • Compensation: $5,000
  • Related: $0
  • Other: $0


Official website here: www.treasuryinstitute.org

Where can I find the form 990 for Treasury Institute For Higher Education Inc?

Treasury Institute For Higher Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.treasuryinstitute.org

Learn more at the official website: www.treasuryinstitute.org

Mission Statement of Treasury Institute For Higher Education Inc

Treasury Institute for Higher Education Inc is dedicated to enhancing and improving the treasury operations and management within institutions of higher education. Its mission is centered around elevating the financial management capabilities of these educational institutions, aiming to ensure their sustainable growth and success. By focusing on the treasury aspect, Treasury Institute for Higher Education Inc aims to provide these institutions with the necessary tools and knowledge to effectively manage their financial resources, ultimately contributing to a stronger and more resilient higher education sector.

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Impact




July, 2024

Treasury Institute For Higher Education Inc makes a significant impact by enhancing and improving the quality of treasury operations and management within institutions of higher education. Through its mission, the organization contributes to the advancement and efficiency of financial processes within academic institutions, ultimately leading to better financial health and resource management. By focusing on this specialized area, Treasury Institute For Higher Education Inc plays a crucial role in strengthening the financial infrastructure of educational institutions, which in turn can positively impact student experiences, academic programs, and overall institutional effectiveness.




This information is meant to be a general summary of Treasury Institute For Higher Education 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.

Revenue
$488,715 (2022)
Expenses
$667,529 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66
  • Program Service Revenue: $213,260
  • Gross Receipts: $488,715

Assets and Liabilities:

  • Total Assets: $270,447
  • Total Liabilities: $0
  • Net Assets: $270,447

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCES/WORKSHOPS

Revenue

$213,260

Organization Details

Founding Year

2000

Principal Officer

Susan Krauss

Main Address

4273 WATERTRACE DRIVE, LEXINGTON, KY, 40515

NTEE Category

Code: T50 - Philanthropy

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