The Foundation For Muskegon Community College Inc

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

EIN: 382363598 ✦ Muskegon, MI ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation For Muskegon Community College Inc?

The Foundation For Muskegon Community College Inc, established in 1981, is a dedicated nonprofit organization based in Muskegon, Michigan. Its primary role is to support the mission of Muskegon Community College by managing fundraising efforts. The foundation has successfully raised funds and allocated them to various aspects of the college, including equipment and facility improvements, scholarships, programming, student life, academics, and general college use. The total amount granted amounts to approximately 270,760 USD. The foundation's support extends to endowments, ensuring the college's long-term financial stability.


Official website here: www.muskegoncc.edu

Is The Foundation For Muskegon Community College Inc legitimate?

The Foundation For Muskegon Community College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Muskegon Community College 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.muskegoncc.edu

What is the mission statement of The Foundation For Muskegon Community College Inc?

The Foundation for Muskegon Community College Inc., established in 1981, was created with a sole purpose. Its mission is to support the mission of Muskegon Community College by managing its fundraising efforts. The foundation plays a crucial role in raising funds for the college, which have been utilized for various purposes. These include equipment and facility improvements, endowments, scholarships, programming, student life, academics, and general use by the college. By doing so, the foundation contributes significantly to the overall development and growth of Muskegon Community College.


Official website here: www.muskegoncc.edu

What is the revenue of The Foundation For Muskegon Community College Inc?

The Foundation For Muskegon Community College Inc's revenue in 2024 was $629,707.


Official website here: www.muskegoncc.edu

Who are the executives of The Foundation For Muskegon Community College Inc and what are their salaries?

There 23 volunteers at The Foundation For Muskegon Community College Inc.

Here are 14 key members and their salaries:


Ryan Bennett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Johnson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Verstraete (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celeste Spivey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Osborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie Brooks-Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cedric Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Samaneigo (Cao/Non-Voti)
  • Compensation: $0
  • Related: $61,558
  • Other: $18,289
John Selmon (Ex-Offic/Non)
  • Compensation: $0
  • Related: $222,283
  • Other: $82,809
Deb Grube (Faculty/Non-)
  • Compensation: $0
  • Related: $130,088
  • Other: $35,188


Official website here: www.muskegoncc.edu

Where can I find the form 990 for The Foundation For Muskegon Community College Inc?

The Foundation For Muskegon Community College Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.muskegoncc.edu

Learn more at the official website: www.muskegoncc.edu

Mission Statement of The Foundation For Muskegon Community College Inc

The Foundation for Muskegon Community College, established in 1981, is a dedicated organization with a singular mission. Its purpose is to support the mission of Muskegon Community College through fund development. In accomplishing this goal, the foundation manages the college's fundraising efforts. This commitment has led to the allocation of various funds to Muskegon Community College. These funds have been utilized for various initiatives, including the improvement of equipment and facilities, the establishment of endowments, the provision of scholarships, funding for programming, enhancing student life, and supporting academic endeavors, among other general uses by the college. The Foundation for Muskegon Community College plays a vital role in ensuring the college's mission is well-funded, thereby supporting the education and growth of its students.

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Impact




October, 2024

The Foundation for Muskegon Community College plays a crucial role in enhancing the educational landscape for students and the community. Established in 1981, the Foundation is dedicated to supporting Muskegon Community College's mission by effectively managing and developing funds that directly impact the institution.

Through comprehensive fundraising efforts, the Foundation has raised significant amounts that have been granted to the college, thereby facilitating various improvements and initiatives. For instance, approximately $200,350 has been allocated to enhance academic programs, while $35,888 has been dedicated to scholarships that ease the financial burden on students, making higher education more accessible.

Furthermore, the Foundation has invested in student life and programming, contributing $64,213 and $20,800 respectively. These investments create a vibrant campus environment that fosters personal growth and community engagement. Additionally, funds have been allocated for equipment and facility improvements, ensuring that students have access to modern resources and a conducive learning environment.

By addressing diverse needs—from scholarships and academic enhancements to student activities—the Foundation for Muskegon Community College significantly enriches the educational experience, supports student success, and strengthens the community's overall fabric.




This information is meant to be a general summary of The Foundation For Muskegon Community College 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
$629,707 (2024)
Expenses
$348,628 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $94,431
  • Gross Receipts: $642,940

Assets and Liabilities:

  • Total Assets: $1,397,454
  • Total Liabilities: $0
  • Net Assets: $1,397,454

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Organization Details

Founding Year

1981

Principal Officer

Beth Dick

NTEE Category

Code: B11 - Education

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