Overview
What is Macomb Community College Foundation?
The Macomb Community College Foundation is a charitable organization based in Warren, Michigan, specifically at 14500 EAST 12 MILE RD. Its primary mission is to support and promote the educational and cultural activities at Macomb Community College. This nonprofit organization works towards achieving its goal by providing financial assistance and contributing to various initiatives in a charitable manner. These initiatives aim to enhance the educational purposes of the college, such as sponsoring and carrying out its educational and cultural missions. The foundation distributes funds to Macomb Community College to further its objectives, thereby contributing significantly to the college's endeavors.
Official website here: www.macomb.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Macomb Community College Foundation has achieved an overall rating of 82%, reflecting a solid level of accountability and financial health. With a strong program expense ratio of 95.43%, the foundation demonstrates a commitment to directing its resources toward its mission. Additionally, its fundraising efficiency is notably high, indicating that the organization manages its fundraising efforts with minimal costs.
The foundation has implemented robust governance practices, evidenced by the presence of essential policies such as conflict of interest and whistleblower protections. The organization maintains transparency with its financial documents, and all required documents are accessible and properly handled. The lack of any material diversion of assets further reinforces the integrity of the foundation.
While the foundation has many strengths, the three-star rating suggests there may still be areas for improvement. However, the overall financial metrics, including a low liabilities to assets ratio and a substantial working capital ratio, point to a well-managed organization capable of fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Macomb Community College Foundation legitimate?
Macomb Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Macomb 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.macomb.edu
What is the mission statement of Macomb Community College Foundation?
The Macomb Community College Foundation's mission is to support and promote the educational and cultural activities at Macomb Community College. This is achieved by providing charitable support for the college's mission and educational purposes. This includes sponsoring and carrying out the college's educational and cultural missions, with examples including promoting and funding various educational and cultural initiatives. The foundation's primary goal is to contribute financially to Macomb Community College, helping to further its educational objectives.
Official website here: www.macomb.edu
Who is the CEO of Macomb Community College Foundation?
Elizabeth A Argiri is the Chair of Macomb Community College Foundation.
Official website here: www.macomb.edu
What is the revenue of Macomb Community College Foundation?
Macomb Community College Foundation's revenue in 2022 was $3,382,262.
Official website here: www.macomb.edu
Who are the executives of Macomb Community College Foundation and what are their salaries?
There 16 volunteers at Macomb Community College Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $452,415
- Other: $95,384
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $206,052
- Other: $80,147
- Compensation: $0
- Related: $140,565
- Other: $36,059
- Compensation: $0
- Related: $92,304
- Other: $42,805
Official website here: www.macomb.edu
Where can I find the form 990 for Macomb Community College Foundation?
Macomb Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.macomb.edu
Learn more at the official website: www.macomb.edu
Mission Statement of Macomb Community College Foundation
The Macomb Community College Foundation is dedicated to fostering and advocating for the educational and cultural activities of Macomb Community College. In line with this mission, the foundation aims to support the college's educational objectives in a charitable manner. This support extends to the promotion, sponsorship, and execution of the educational and cultural missions of the college, as further illustrated but not limited to these areas. In essence, the Macomb Community College Foundation serves as a vital ally in upholding and enhancing the academic and cultural pursuits of Macomb Community College.
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Impact
July, 2024
Macomb Community College Foundation's impact is significant in supporting and promoting the educational and cultural activities at Macomb Community College. The foundation distributes funds to the college to aid in fulfilling its educational and cultural mission. By providing support in a charitable manner, including promoting and sponsoring educational and cultural initiatives, the foundation plays a crucial role in advancing the educational goals of the college.
This information is meant to be a general summary of Macomb 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: $1,746,031
- Gross Receipts: $8,798,137
Assets and Liabilities:
- Total Assets: $26,661,932
- Total Liabilities: $113,061
- Net Assets: $26,548,871
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Organization Details
Founding Year
1999
Phone
(586) 445-7306Principal Officer
Elizabeth A Argiri
Main Address
14500 EAST 12 MILE RD, WARREN, MI, 48088
Website
www.macomb.eduNTEE Category
Code: B12 - Education
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