Overview
What is Western Iowa Tech Community College Foundation?
The Western Iowa Tech Community College Foundation is a charitable organization located in Sioux City, Iowa. Its primary mission is to contribute to scholarships and gifts, benefiting Western Iowa Tech Community College and related organizations. By doing so, the foundation aims to support local educational goals within the community. The foundation's activities are focused on providing assistance to the college and related organizations, ultimately contributing to their overall objectives. This nonprofit organization plays an essential role in fostering educational growth and opportunities for the community.
Official website here: www.witcc.edu or www.witcc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Western Iowa Tech Community College Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas. The foundation scores well on accountability and finance metrics, notably having 100% independent board members and no material diversion of assets. These factors contribute positively to the overall score, showcasing a strong commitment to good governance.
However, there are significant limitations in the foundation's policies. Notably, the organization lacks essential policies such as conflict of interest, whistleblower, and document retention and destruction policies. The absence of these critical governance measures raises concerns about the foundation's operational transparency and accountability.
Despite these weaknesses, the foundation maintains a robust program expense ratio of 82.15%, reflecting a focus on its mission-driven activities. The organization has opportunities for growth by addressing its policy gaps, which could enhance its overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Western Iowa Tech Community College Foundation legitimate?
Western Iowa Tech Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Iowa Tech 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:
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For more financial information, click here
Official website here: www.witcc.edu or www.witcc.com
What is the mission statement of Western Iowa Tech Community College Foundation?
The Western Iowa Tech Community College Foundation's mission is centered around providing support to Western Iowa Tech Community College and related organizations. This assistance is aimed at achieving local educational goals. To accomplish this, the foundation makes donations and gifts, primarily in the form of scholarships. These contributions help carry out and attain the objectives of the local community's educational sector.
Official website here: www.witcc.edu or www.witcc.com
Who is the CEO of Western Iowa Tech Community College Foundation?
Brian Smith is the President of Western Iowa Tech Community College Foundation.
Official website here: www.witcc.edu or www.witcc.com
What is the revenue of Western Iowa Tech Community College Foundation?
Western Iowa Tech Community College Foundation's revenue in 2023 was $1,421,265.
Official website here: www.witcc.edu or www.witcc.com
Who are the executives of Western Iowa Tech Community College Foundation and what are their salaries?
There 12 volunteers at Western Iowa Tech Community College Foundation.
Here are 12 key members and their salaries:
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Official website here: www.witcc.edu or www.witcc.com
Where can I find the form 990 for Western Iowa Tech Community College Foundation?
Western Iowa Tech Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.witcc.edu or www.witcc.com
Learn more at the official website: www.witcc.edu or www.witcc.com
Mission Statement of Western Iowa Tech Community College Foundation
The Western Iowa Tech Community College Foundation's mission is centered around providing support to Western Iowa Tech Community College and related organizations. Its primary objective is to aid in the realization of local educational goals. To accomplish this, the foundation distributes contributions and gifts in the form of scholarships. These scholarships are designed to assist Western Iowa Tech Community College and related organizations in carrying out and achieving their community-focused educational objectives. In essence, the Western Iowa Tech Community College Foundation plays a crucial role in fostering local educational growth and development.
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Impact
July, 2024
Western Iowa Tech Community College Foundation's impact is evident in its support of Western Iowa Tech Community College and related organizations in fulfilling local educational goals. By providing contributions and scholarships, the foundation helps students access higher education and training opportunities, ultimately contributing to the enhancement of the local community's educational landscape. Through their mission, the foundation plays a vital role in promoting education and empowering individuals to achieve their academic and career aspirations.
This information is meant to be a general summary of Western Iowa Tech 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 2023.
- Investment Income: $146,387
- Gross Receipts: $1,607,425
Assets and Liabilities:
- Total Assets: $8,014,861
- Total Liabilities: $3,756
- Net Assets: $8,011,105
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Organization Details
Founding Year
1993
Phone
(712) 274-6400Principal Officer
Brian Smith
Main Address
PO BOX 5199 4647 STONE AVE, SIOUX CITY, IA, 511025199
NTEE Category
Code: B82 - Education
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