Overview
What is Montcalm Community College Foundation?
Montcalm Community College Foundation is a nonprofit organization based in Sidney, Michigan. Its primary mission is to support Montcalm Community College by anticipating and addressing community needs through relationship cultivation and resource stewardship. The foundation engages in various activities, including enhancing cultural events, promoting early college programs, contributing to campus master planning, and providing scholarships. By doing so, the Montcalm Community College Foundation aims to strengthen the college's impact on the local community.
Official website here: www.montcalm.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Montcalm Community College Foundation has achieved a remarkable 95% rating from Charity Navigator, reflecting strong accountability and financial health. The organization's top score in Accountability & Finance indicates a well-managed foundation that effectively utilizes its resources for its mission. The presence of a fully independent board and robust oversight measures, such as an Audit and Oversight Committee, further underscores its commitment to transparency and governance.
Strengths highlighted include a high program expense ratio of 95.65%, signifying that the vast majority of funds are directed towards its programs rather than administrative costs. Additionally, the low liabilities-to-assets ratio of 0.02% indicates a very stable financial position, with significant working capital of 21.71 years, showcasing its sustainability and operational efficiency.
However, the foundation faced a lower score in fundraising efficiency, which may suggest challenges in fundraising efforts relative to the funds raised. Despite this, the overall financial indicators and commitment to accountability present a positive picture of the Montcalm Community College Foundation's operations and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Montcalm Community College Foundation legitimate?
Montcalm Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montcalm 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.montcalm.edu
What is the mission statement of Montcalm Community College Foundation?
The Montcalm Community College Foundation's mission is centered around supporting Montcalm Community College in anticipating and addressing community needs. This is achieved through strategic relationship cultivation and responsible resource management. The organization's activities often involve cultural events, early college programs, campus planning, and scholarship programs, aiming to enhance the college's overall capabilities and impact on the community.
Official website here: www.montcalm.edu
Who is the CEO of Montcalm Community College Foundation?
Connie Stewart is the President of Montcalm Community College Foundation.
Official website here: www.montcalm.edu
What is the revenue of Montcalm Community College Foundation?
Montcalm Community College Foundation's revenue in 2023 was $2,705,892.
Official website here: www.montcalm.edu
Who are the executives of Montcalm Community College Foundation and what are their salaries?
There 17 volunteers at Montcalm Community College Foundation.
Here are 16 key members and their salaries:
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- Other: $25,505
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- Related: $116,603
- Other: $20,430
Official website here: www.montcalm.edu
Where can I find the form 990 for Montcalm Community College Foundation?
Montcalm Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.montcalm.edu
Learn more at the official website: www.montcalm.edu
Mission Statement of Montcalm Community College Foundation
Montcalm Community College Foundation's mission is centered around supporting Montcalm Community College in anticipating and addressing community needs. This is achieved through strategic relationship cultivation and resource stewardship. In essence, the foundation serves as a bridge between the college and the community, ensuring that resources are utilized effectively to meet the evolving needs of the population. The foundation's efforts are multifaceted, encompassing enhancement activities related to cultural events, early college initiatives, campus master planning, and scholarships. By engaging in these activities, Montcalm Community College Foundation contributes to the college's ability to remain responsive to the community, fostering a positive impact and promoting growth.
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Impact
July, 2024
Montcalm Community College Foundation plays a crucial role in supporting Montcalm Community College's initiatives to anticipate and address community needs through relationship cultivation and resource stewardship. The Foundation enhances activities related to cultural events, early college, campus master planning, and scholarships in Sidney, Michigan. By providing resources and support, the Foundation helps the college better serve its community and create opportunities for individuals to access higher education and skill development. This impact directly contributes to the education sector, filling gaps and supporting the growth and development of the local community.
This information is meant to be a general summary of Montcalm 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 2023.
- Investment Income: $501,509
- Gross Receipts: $3,561,746
Assets and Liabilities:
- Total Assets: $25,793,495
- Total Liabilities: $5,393
- Net Assets: $25,788,102
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Organization Details
Founding Year
1980
Phone
(989) 328-1249Principal Officer
Connie Stewart
Main Address
2800 COLLEGE DR, SIDNEY, MI, 488859723
Website
www.montcalm.eduNTEE Category
Code: B11 - Education
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