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Hennepin Technical College Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411943149 ✦ Brooklyn park, MN ✦ Designated as a 501(c)(3)

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Overview

What is Hennepin Technical College Foundation?

Hennepin Technical College Foundation is a nonprofit organization dedicated to supporting career and technical education, aiding in employment and advancement in a rapidly evolving global landscape. Through their initiatives, they offer scholarships and grants to students, as well as financial assistance for college-related expenses. The foundation's mission is to provide resources that empower individuals to succeed in their chosen fields, contributing to their personal growth and the broader community. They strive to foster an environment that encourages continuous learning and adaptation to the ever-changing job market.


Official website here: www.hennepintech.edu/advancement/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

Hennepin Technical College Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The foundation excels particularly in its financial management, with a program expense ratio of 96.73%, indicating that a significant portion of its funds is directed towards its mission-related activities. This strong financial oversight is complemented by a fully independent board, which ensures effective governance.

The organization demonstrates robust accountability practices, with comprehensive policies in place regarding conflict of interest, whistleblower protections, and document retention. These policies contribute to the foundation's transparency and ethical operation. The absence of any material diversions of assets further emphasizes its commitment to integrity in financial matters.

While the foundation's overall performance is commendable, maintaining such high standards will be crucial as it navigates future challenges. The foundation's dedication to financial accountability and its strong programmatic focus position it as a reliable nonprofit organization supporting educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Hennepin Technical College Foundation legitimate?

Hennepin Technical College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hennepin 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: $0

For more financial information, click here


Official website here: www.hennepintech.edu/advancement/foundation

What is the mission statement of Hennepin Technical College Foundation?

The Hennepin Technical College Foundation's mission is centered around providing resources to support career and technical education. This mission is aimed at enabling students to secure employment and advance in their careers, especially in the face of global changes. The foundation accomplishes this by offering scholarships and grants, as well as providing financial support for college education. In essence, their goal is to equip individuals with the necessary skills and resources to thrive in a rapidly evolving world.


Official website here: www.hennepintech.edu/advancement/foundation

Who is the CEO of Hennepin Technical College Foundation?

Joy Bodin is the Principal Officer of Hennepin Technical College Foundation.


Official website here: www.hennepintech.edu/advancement/foundation

What is the revenue of Hennepin Technical College Foundation?

Hennepin Technical College Foundation's revenue in 2022 was $1,171,808.


Official website here: www.hennepintech.edu/advancement/foundation

Who are the executives of Hennepin Technical College Foundation and what are their salaries?

There 10 volunteers at Hennepin Technical College Foundation.


Here are 13 key members and their salaries:


Myron Moser (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Wojciechowski (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Hruby (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Andersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Dejong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Farley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Fesenmaier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Burrage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Satasha Green-Stephen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bailey Ruona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Thorpe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Lund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hennepintech.edu/advancement/foundation

Where can I find the form 990 for Hennepin Technical College Foundation?

Hennepin Technical College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hennepintech.edu/advancement/foundation

Learn more at the official website: www.hennepintech.edu/advancement/foundation

Mission Statement of Hennepin Technical College Foundation

The Hennepin Technical College Foundation is dedicated to providing essential resources that facilitate career and technical education, enabling individuals to secure employment and advance in an evolving global environment. Their mission is to offer support for students pursuing career and technical education, aiding them in their journey towards employment and growth. The foundation accomplishes this by providing scholarships, grants, and college educational expenditures, ensuring that students have the necessary resources to succeed in their chosen fields.

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Impact




July, 2024

Hennepin Technical College Foundation's impact is significant in providing resources that support career and technical education for employment and advancement in an ever-changing global environment. Through scholarships, grants, and educational support expenditures, the Foundation plays a crucial role in helping students access the education they need to succeed in their chosen fields. This enables individuals to acquire the skills and knowledge necessary to secure employment and advance in their careers, ultimately contributing to the overall growth and development of the workforce.




This information is meant to be a general summary of Hennepin 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.

Revenue
$1,171,808 (2022)
Expenses
$1,446,340 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,174
  • Gross Receipts: $1,171,808

Assets and Liabilities:

  • Total Assets: $2,482,365
  • Total Liabilities: $8,107
  • Net Assets: $2,474,258

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Organization Details

Founding Year

1998

Principal Officer

Joy Bodin

Main Address

9000 BROOKLYN BLVD, BROOKLYN PARK, MN, 55445

NTEE Category

Code: B114 - Education

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