Overview
What is Alpena Community College Foundation?
Alpena Community College Foundation is a nonprofit organization situated in Alpena, Michigan, specifically at 665 Johnson Street. Their primary objective is to provide financial aid to Alpena Community College, assisting in funding various programs and capital projects. By doing so, they aim to strengthen the educational capabilities of the institution, catering to the evolving needs of the communities it serves. The foundation is committed to obtaining necessary financial support, thereby enabling Alpena Community College to deliver high-quality, lifelong educational opportunities.
Official website here: www.discover.alpenacc.edu/foundation/index.php
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Stars
The Alpena Community College Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation's overall score is based entirely on an impressive accountability and finance score of 95%, indicating that it adheres to high standards of transparency and financial management.
Key strengths of the foundation include a majority of independent board members, rigorous financial oversight, and a strong commitment to ethical governance practices. The organization has demonstrated effective management by maintaining low liabilities and high program expense ratios, ensuring that a significant portion of its funds is directed toward its mission. Fundraising efficiency is also noteworthy, with minimal costs incurred for every dollar raised.
However, there is a limitation noted in the absence of a whistleblower policy, which might be a concern for some stakeholders seeking comprehensive governance measures. Overall, the Alpena Community College Foundation exemplifies a well-managed nonprofit, focusing its resources effectively to support its educational objectives while maintaining transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Alpena Community College Foundation legitimate?
Alpena Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpena 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.discover.alpenacc.edu/foundation/index.php
What is the mission statement of Alpena Community College Foundation?
The Alpena Community College Foundation's mission is centered around securing financial resources. This mission aims to bolster the capabilities of Alpena Community College, enabling it to cater to the evolving educational needs of various communities. The foundation's primary objective is to facilitate lifelong learning opportunities, adapting to the growth and changes within these communities. To achieve this, the foundation provides financial assistance for programs and capital projects within Alpena Community College.
Official website here: www.discover.alpenacc.edu/foundation/index.php
Who is the CEO of Alpena Community College Foundation?
Brenda Herman is the Executive Director of Alpena Community College Foundation.
Official website here: www.discover.alpenacc.edu/foundation/index.php
What is the revenue of Alpena Community College Foundation?
Alpena Community College Foundation's revenue in 2022 was -$1,752,125.
Official website here: www.discover.alpenacc.edu/foundation/index.php
Who are the executives of Alpena Community College Foundation and what are their salaries?
There 24 volunteers at Alpena Community College Foundation.
Here are 18 key members and their salaries:
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Official website here: www.discover.alpenacc.edu/foundation/index.php
Where can I find the form 990 for Alpena Community College Foundation?
Alpena Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.discover.alpenacc.edu/foundation/index.php
Learn more at the official website: www.discover.alpenacc.edu/foundation/index.php
Mission Statement of Alpena Community College Foundation
Alpena Community College Foundation's mission is centered around securing financial backing to boost Alpena Community College's capacity to cater to the evolving and expanding educational requirements of the communities it serves. By accomplishing this goal, the foundation aims to amplify the college's influence in providing lifelong learning opportunities. The primary objective is to enhance Alpena Community College's capabilities, enabling it to keep pace with the changing needs and expectations of its community. In essence, Alpena Community College Foundation serves as a crucial partner, contributing to the college's financial resources to ensure its adaptability and long-term success.
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Impact
October, 2024
Alpena Community College Foundation significantly enhances the educational landscape in Alpena, Michigan, by securing financial support that empowers Alpena Community College to adapt to the evolving needs of its communities. Through targeted funding for programs and capital projects, the Foundation enables the College to better serve its diverse population, fostering lifelong education opportunities that are essential for personal and professional growth. This impact not only enriches the academic experience for students but also strengthens the community by promoting workforce development and skill acquisition tailored to local demands. Ultimately, the Foundation plays a crucial role in ensuring that Alpena Community College remains a vital resource for quality education in the region.
This information is meant to be a general summary of Alpena 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: $309,900
- Gross Receipts: $1,548,083
Assets and Liabilities:
- Total Assets: $7,404,926
- Total Liabilities: $23,673
- Net Assets: $7,381,253
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Organization Details
Founding Year
1982
Phone
(989) 356-9021Principal Officer
Brenda Herman
Main Address
665 Johnson Street, Alpena, MI, 49707
NTEE Category
Code: B41I - Education
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