Overview
What is Gogebic Community College Foundation?
The Gogebic Community College Foundation is a nonprofit organization situated in Ironwood, Michigan. Their primary mission is to provide financial assistance to Gogebic Community College and its students. This support encompasses scholarships, purchasing necessary equipment and assets, offering mini-grants to faculty and staff, providing student and community support, and covering operational expenses. Due to the ongoing COVID-19 pandemic, they have had to adjust their activities and have not been able to hold any in-person fundraisers or events.
Official website here: www.gogebic.edu/alumni
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)
The Gogebic Community College Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. With an overall score of 90%, the foundation demonstrates effective governance, indicated by a fully independent board consisting of 16 members and a perfect score in material diversion of assets, suggesting no mismanagement of funds.
Strengths include a high program expense ratio of 86.31%, meaning that a significant portion of expenditures is directed towards programs rather than administrative costs. The organization also adheres to sound practices, evidenced by the presence of a conflict of interest policy and proper documentation retention and destruction procedures. However, a notable limitation is the absence of a whistleblower policy, which could impact transparency and accountability.
Overall, the Gogebic Community College Foundation shows strong financial practices and governance. While the missing whistleblower policy is a concern, the high scores in other areas suggest a solid framework for effective operation and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Gogebic Community College Foundation legitimate?
Gogebic Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gogebic Community 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
Official website here: www.gogebic.edu/alumni
What is the mission statement of Gogebic Community College Foundation?
The Gogebic Community College Foundation's mission is centered around providing financial support to Gogebic Community College and its students. This support encompasses various aspects, including funding scholarships, purchasing equipment and assets, offering mini-grants to faculty and staff, and providing aid to students and the community. Additionally, they contribute to the college's operating expenses. Due to the ongoing COVID-19 situation, they have halted their in-person fundraisers and events.
Official website here: www.gogebic.edu/alumni
Who is the CEO of Gogebic Community College Foundation?
Kelly Marczak is the President of Gogebic Community College Foundation.
Official website here: www.gogebic.edu/alumni
What is the revenue of Gogebic Community College Foundation?
Gogebic Community College Foundation's revenue in 2022 was $640,536.
Official website here: www.gogebic.edu/alumni
Who are the executives of Gogebic Community College Foundation and what are their salaries?
There 25 volunteers at Gogebic Community College Foundation.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $104,621
- Other: $36,946
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $69,530
- Other: $34,551
Official website here: www.gogebic.edu/alumni
Where can I find the form 990 for Gogebic Community College Foundation?
Gogebic Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gogebic.edu/alumni
Learn more at the official website: www.gogebic.edu/alumni
Mission Statement of Gogebic Community College Foundation
The Gogebic Community College Foundation's primary mission is centered around providing financial support for Gogebic Community College and its students. This support encompasses various aspects, including the disbursement of funds for scholarships, the procurement of essential equipment and assets, the distribution of mini-grants for faculty and staff, as well as offering assistance to students and the wider community. Additionally, the foundation contributes towards operational expenses, ensuring the smooth running of the college. Due to the ongoing COVID-19 pandemic, the foundation has had to suspend its in-person fundraising activities and events.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Gogebic Community College Foundation has a significant impact on the educational opportunities available to students at Gogebic Community College. Through financial support, the foundation facilitates scholarships, purchases equipment and other assets, provides mini-grants for college faculty and staff, supports students and the community, and covers operating expenses. This support directly contributes to the enhancement of educational resources and opportunities for students at the college.
This information is meant to be a general summary of Gogebic Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $333,672
- Gross Receipts: $1,769,423
Assets and Liabilities:
- Total Assets: $4,722,165
- Total Liabilities: $2,036
- Net Assets: $4,720,129
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1977
Phone
(906) 932-4231Principal Officer
Kelly Marczak
Main Address
E 4946 JACKSON ROAD, IRONWOOD, MI, 49938
Website
www.gogebic.edu/alumniNTEE Category
Code: B41I - Education
If you are a representative of Gogebic Community College Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.