Overview
What is Dakota County Technical College Foundation?
Dakota County Technical College Foundation is a nonprofit organization based in Rosemount, Minnesota. Their primary mission is to provide financial assistance to students through scholarships. To achieve this, they leverage their board's strengths and community connections to support the college in maintaining relevance, attracting, and retaining students. The foundation actively engages with community leaders, donors, and employers to promote the institution's values, while also stewarding valuable resources at the college's disposal. The foundation's work is essential in addressing the evolving needs of Dakota County Technical College, contributing to the education and lives of its students, faculty, and administrators.
Official website here: www.dctc.edu/about-us/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Dakota County Technical College Foundation has received a high score of 96%, which qualifies it for a Four-Star rating from Charity Navigator. This rating is significant as it reflects the organization's strong performance in accountability and finance, demonstrating a high level of transparency and responsible management of resources. The score is based entirely on the Accountability & Finance beacon, indicating that the foundation is dedicated to maintaining rigorous oversight.
Strengths of the foundation include a fully independent board and robust financial practices. All members of the board are independent, and the organization has established thorough policies including conflict of interest and whistleblower protections. The foundation also has an impressive program expense ratio of approximately 93%, indicating that a large portion of its funds directly supports its programs and mission.
While the foundation shows strong financial health with a low liabilities to assets ratio of 11.40%, it is important for potential donors to consider the organization's focus on accountability as a key factor in their decision-making. Overall, the Dakota County Technical College Foundation appears to be a well-managed organization committed to its goals and responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Dakota County Technical College Foundation?
84% of 295 reviewers on Facebook recommend Dakota County Technical College Foundation. Here is a summary of their reviews:
Many users express appreciation for the welcoming atmosphere and supportive environment offered by the staff. One standout mention highlights the college's facilities, particularly during events like the Future City Competition, which showcases the Foundation's commitment to fostering education and community engagement.
Overall, the positive sentiment indicates that the nonprofit effectively serves its mission, providing valuable resources and support to students and the community alike.
This AI summary has been generated from reviews found on Facebook.
Is Dakota County Technical College Foundation legitimate?
Dakota County Technical College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dakota County 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:
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For more financial information, click here
Official website here: www.dctc.edu/about-us/foundation/
What is the mission statement of Dakota County Technical College Foundation?
The Dakota County Technical College Foundation utilizes its board's strengths and community connections to influence the college in maintaining relevance and attracting and retaining students. The foundation is responsive to the evolving needs of Dakota County Technical College, supporting the educational mission and the lives of its students, faculty, and administrators. It accomplishes this by stewarding a portfolio of valuable resources and actively engaging with community leaders, donors, and employers to promote the institution's values. The foundation aims to do so in a meaningful and sustainable way, addressing the financial and resource needs of current and future students.
Official website here: www.dctc.edu/about-us/foundation/
Who is the CEO of Dakota County Technical College Foundation?
Kimberly Shaff is the Secretary of Dakota County Technical College Foundation.
Official website here: www.dctc.edu/about-us/foundation/
What is the revenue of Dakota County Technical College Foundation?
Dakota County Technical College Foundation's revenue in 2022 was $1,074,953.
Official website here: www.dctc.edu/about-us/foundation/
Who are the executives of Dakota County Technical College Foundation and what are their salaries?
There 23 volunteers at Dakota County Technical College Foundation.
Here are 16 key members and their salaries:
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- Related: $88,835
- Other: $28,818
Official website here: www.dctc.edu/about-us/foundation/
Where can I find the form 990 for Dakota County Technical College Foundation?
Dakota County Technical College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dctc.edu/about-us/foundation/
Learn more at the official website: www.dctc.edu/about-us/foundation/
Mission Statement of Dakota County Technical College Foundation
The Dakota County Technical College Foundation plays a crucial role in supporting the institution's mission of education for employment. It utilizes its board's strengths and community connections to maintain the college's relevance and attract and retain students. The foundation is responsive to the evolving needs of Dakota County Technical College, providing resources and financial aid to current and future students in a meaningful and sustainable manner.
Beyond just financial support, the Dakota County Technical College Foundation actively engages with community leaders, donors, and employers. This engagement aims to promote the values of the institution. By doing so, the foundation stewards a portfolio of valuable resources that are beneficial to the college, its students, faculty, and administrators. This proactive approach ensures that the college continues to thrive and that its students have the resources they need to succeed in their academic pursuits.
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Impact
July, 2024
The Dakota County Technical College Foundation plays a crucial role in supporting students at Dakota County Technical College by providing assistance through scholarships. Through the utilization of board strengths and community connections, the foundation influences DCTC in maintaining relevancy and attracting and retaining students while addressing their resource and financial needs in a meaningful and sustainable manner. By stewarding a portfolio of valuable resources and actively engaging with community leaders, donors, and employers, the foundation contributes to the mission of education for employment and enhances the lives of students, faculty, and administrators at DCTC.
This information is meant to be a general summary of Dakota County 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: $107,209
- Gross Receipts: $1,142,216
Assets and Liabilities:
- Total Assets: $6,103,150
- Total Liabilities: $606,527
- Net Assets: $5,496,623
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Organization Details
Founding Year
1983
Phone
(651) 423-8236Principal Officer
Kimberly Shaff
Main Address
1300 145TH ST EAST, ROSEMOUNT, MN, 55068
NTEE Category
Code: B42 - Education
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