Overview
What is Southeast Technical Institute Foundation?
The Southeast Technical Institute Foundation is a nonprofit organization located in Sioux Falls, South Dakota. Its primary mission is to support Southeast Technical College and its students, aiming to expand the pipeline of career-focused students to fill high-demand jobs in the region. By providing financial resources, the foundation contributes to fostering a solid foundation for tomorrow's workforce and fulfilling the community's workforce needs. The foundation's address is 2320 North Career Avenue, Sioux Falls, SD 57107.
Official website here: www.southeasttech.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Southeast Technical Institute Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement despite a strong accountability and finance score of 100%. The foundation has demonstrated commendable governance practices, with a fully independent board and no issues regarding material diversion of assets. However, the absence of financial statements significantly impacted their overall scores.
While the foundation excels in maintaining a low liabilities to assets ratio and a favorable program expense ratio, it lacks crucial policies such as a whistleblower policy and document retention and destruction procedures. Additionally, the failure to provide financial documents on its website limits transparency, which is an area that stakeholders have expressed concern over.
In summary, while the Southeast Technical Institute Foundation shows strength in governance and financial accountability, there are critical gaps in their transparency and compliance that need to be addressed for a better evaluation in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Southeast Technical Institute Foundation?
86% of 56 reviewers on Facebook recommend the Southeast Technical Institute Foundation. Here’s a summary of their impressions:
Many users express significant dissatisfaction with the customer service, particularly noting frustrations with the Business Office. There are specific complaints about representatives being rude and argumentative when addressing issues, indicating a need for improvement in communication and support.
While a majority of reviewers seem to support the nonprofit, the negative sentiment surrounding customer interactions suggests that enhancing the experience in the Business Office could lead to a more favorable perception among users. Overall, the agency indeed has its supporters, but addressing the highlighted concerns could strengthen its reputation further.
This AI summary has been generated from reviews found on Facebook.
Is Southeast Technical Institute Foundation legitimate?
Southeast Technical Institute Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Technical Institute 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:
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For more financial information, click here
Official website here: www.southeasttech.edu/foundation
What is the mission statement of Southeast Technical Institute Foundation?
The Southeast Technical Institute Foundation's mission is centered around providing support for Southeast Technical College and its students. This commitment is driven by a goal to establish a strong foundation for the workforce of the future. The foundation achieves this by engaging with the community and offering financial resources, enabling students to realize their full potential. Furthermore, the foundation works towards expanding the pool of tech career students, thereby filling high-demand jobs. This initiative contributes to continued economic growth.
Official website here: www.southeasttech.edu/foundation
Who is the CEO of Southeast Technical Institute Foundation?
Kari Karst is the Chair of Southeast Technical Institute Foundation.
Official website here: www.southeasttech.edu/foundation
What is the revenue of Southeast Technical Institute Foundation?
Southeast Technical Institute Foundation's revenue in 2022 was $785,443.
Official website here: www.southeasttech.edu/foundation
Who are the executives of Southeast Technical Institute Foundation and what are their salaries?
There 20 volunteers at Southeast Technical Institute Foundation.
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Official website here: www.southeasttech.edu/foundation
Where can I find the form 990 for Southeast Technical Institute Foundation?
Southeast Technical Institute Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southeasttech.edu/foundation
Learn more at the official website: www.southeasttech.edu/foundation
Mission Statement of Southeast Technical Institute Foundation
The Southeast Technical Institute Foundation, in its mission, is dedicated to building a robust foundation for tomorrow's workforce. This nonprofit organization, committed to the Southeast Technical College and its students, aims to fulfill the workforce needs of the community by providing financial resources. Through community involvement, the foundation's goal is to expand the pipeline of technology career students, thereby enabling them to meet their potential and fill high-demand jobs. This effort contributes to continued economic growth in the respective area. In essence, the Southeast Technical Institute Foundation is working towards ensuring a skilled workforce that meets the evolving needs of the industry, thereby driving the economic growth of the community.
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Impact
October, 2024
The Southeast Technical Institute Foundation plays a crucial role in enhancing educational opportunities and workforce development in Sioux Falls. By providing vital support to Southeast Technical College and its students, the foundation helps expand the pipeline of technical career students. This initiative is essential in addressing high-demand job sectors, directly contributing to sustained economic growth in the region.
Through community engagement and financial resources, the foundation empowers students to reach their full potential, ensuring a skilled workforce equipped to meet the evolving needs of local industries. Their commitment to building a solid foundation for tomorrow's workforce fosters not only individual success but also strengthens the overall economic landscape of Sioux Falls.
This information is meant to be a general summary of Southeast Technical Institute 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,668
- Gross Receipts: $785,443
Assets and Liabilities:
- Total Assets: $2,181,218
- Total Liabilities: $0
- Net Assets: $2,181,218
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Organization Details
Founding Year
1996
Phone
(605) 367-5751Principal Officer
Kari Karst
Main Address
2320 NORTH CAREER AVENUE, SIOUX FALLS, SD, 571071301
NTEE Category
Code: B82 - Education
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