Overview
What is Northland Community And Technical College Foundation?
Northland Community And Technical College Foundation is a small-scale nonprofit organization, situated in Thief River Falls, Minnesota. With just one employee, their primary mission is to foster educational opportunities for students at Northland Community and Technical College. They achieve this by providing general scholarship support, aiming to enhance the overall educational experience of the college's student body. While the information does not specify the extent of their activities or the sources of their funding, it is clear that their purpose is to foster academic growth and success among their student population.
Official website here: www.nctcfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Northland Community And Technical College Foundation has received a 73% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The foundation demonstrates strong governance practices, with a fully independent board of directors and no material diversion of assets. This suggests that the organization is committed to maintaining integrity and oversight in its operations.
However, the foundation's score is impacted by the absence of key financial documents, such as financial statements and tax forms on its website, which raises concerns about transparency. Additionally, the lack of a whistleblower policy and a document retention policy further detracts from its accountability score. Despite these limitations, the foundation effectively allocates a high percentage of its expenses towards programs, with a program expense ratio of 97.61%, reflecting its dedication to fulfilling its mission.
Overall, while the Northland Community And Technical College Foundation shows strengths in governance and program spending, it needs to improve its transparency and documentation practices to enhance trust with stakeholders and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Northland Community And Technical College Foundation legitimate?
Northland Community And Technical College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northland Community And Technical 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: $20,381
For more financial information, click here
Official website here: www.nctcfoundation.com
What is the mission statement of Northland Community And Technical College Foundation?
The Northland Community and Technical College Foundation's mission is centered around providing opportunities for investment in the educational journey of its students. Specifically, they aim to support the educational experience at Northland Community and Technical College through various means. This mission is carried out primarily through general scholarship support, helping to make higher education more accessible to students.
Official website here: www.nctcfoundation.com
Who is the CEO of Northland Community And Technical College Foundation?
Keith Christensen is the Executive Director of Northland Community And Technical College Foundation.
Official website here: www.nctcfoundation.com
What is the revenue of Northland Community And Technical College Foundation?
Northland Community And Technical College Foundation's revenue in 2022 was $892,597.
Official website here: www.nctcfoundation.com
Who are the executives of Northland Community And Technical College Foundation and what are their salaries?
The average compensation at Northland Community And Technical College Foundation during 2022 was $20,381. There is 1 employee and 40 volunteers at Northland Community And Technical College Foundation.
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Official website here: www.nctcfoundation.com
Where can I find the form 990 for Northland Community And Technical College Foundation?
Northland Community And Technical College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nctcfoundation.com
Learn more at the official website: www.nctcfoundation.com
Mission Statement of Northland Community And Technical College Foundation
The Northland Community and Technical College Foundation's mission is centered around creating opportunities for investment in the educational experiences of students at Northland Community and Technical College. This nonprofit organization strives to provide general scholarship support to its students, thereby enhancing their learning journeys. By doing so, the Northland Community and Technical College Foundation aims to contribute significantly to the educational landscape, fostering growth and development among its student body.
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Impact
July, 2024
Northland Community And Technical College Foundation's impact is significant in creating opportunities to invest in the educational experience of Northland Community and Technical College's students. They provide general scholarship support to help students pursue their education and achieve their academic goals. By offering financial assistance, the foundation plays a crucial role in helping students access higher education and advance their careers. Their commitment to supporting education demonstrates a dedication to the success and growth of the community college and its students.
This information is meant to be a general summary of Northland Community And Technical 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: -$470,533
- Program Service Revenue: $351,520
- Gross Receipts: $892,597
Assets and Liabilities:
- Total Assets: $7,624,902
- Total Liabilities: $2,749,687
- Net Assets: $4,875,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING
Revenue
$351,520
Organization Details
Founding Year
1977
Phone
(218) 683-8616Principal Officer
Keith Christensen
Main Address
1101 State Highway 1 E, Thief River Falls, MN, 56701
Website
www.nctcfoundation.comNTEE Category
Code: B82 - Education
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