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Williston State 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: 456012226 ✦ Williston, ND ✦ Designated as a 501(c)(3)

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Overview

What is Williston State College Foundation?

Williston State College Foundation is a nonprofit organization based in Williston, North Dakota. With a mission to support and promote Williston State College, they offer scholarships to students for higher education, continuing education, and staff grants to fund college and community projects. They build relationships with alumni, donors, and surrounding communities, generate financial support, fund student and faculty development scholarships, and lead capital expansion projects to develop a thriving, state-of-the-art campus. With a team of 15 dedicated individuals, the foundation's work is instrumental in enhancing educational opportunities for students in Williston, North Dakota.


Official website here: www.wscfoundation.com

What are the reviews and ratings of this charity?

**Rating:** 95% (Four-Star out of Four Star rating on Charity Navigator)

The Williston State College Foundation has earned an impressive 95% rating, reflecting strong accountability and financial health. The rating is primarily based on their excellent scores in governance, with a fully independent board and comprehensive financial oversight. Key metrics indicate a commitment to responsible management, including high program expense ratios and a favorable liabilities to assets ratio.

Strengths highlighted by the data include their compliance with important policies like conflict of interest and whistleblower protections, and their thorough documentation of board meeting minutes. However, there are some limitations, such as the absence of their tax form on the nonprofit's website, which impacted their overall rating.

User reviews from GreatNonprofits could not be fetched, so no additional insights are available regarding community feedback or individual experiences with the foundation. Overall, the information suggests that the Williston State College Foundation is well-managed and dedicated to its fiscal responsibilities.


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

Is Williston State College Foundation legitimate?

Williston State College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Williston State 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: $212,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,994

For more financial information, click here


Official website here: www.wscfoundation.com

What is the mission statement of Williston State College Foundation?

The Williston State College Foundation's mission is centered around promoting and supporting Williston State College. It achieves this by establishing connections with alumni, donors, and local communities, securing financial backing, funding scholarships for student development and faculty advancement, and leading capital expansion initiatives to foster a flourishing, state-of-the-art campus. The foundation provides scholarships to students of Williston State College for higher education, continuing education, and staff grants to support college and community projects.


Official website here: www.wscfoundation.com

Who is the CEO of Williston State College Foundation?

Hunter Berg is the President of Williston State College Foundation.


Official website here: www.wscfoundation.com

What is the revenue of Williston State College Foundation?

Williston State College Foundation's revenue in 2022 was $7,223,320.


Official website here: www.wscfoundation.com

Who are the executives of Williston State College Foundation and what are their salaries?

The average compensation at Williston State College Foundation during 2022 was $19,201. There are 15 employees and 13 volunteers at Williston State College Foundation.


Here are 13 key members and their salaries:


Ward Koeser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Grondahl (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Kringen (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Medalen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Gathman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Stillwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jory Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Furuseth (Cfo)
  • Compensation: $59,082
  • Related: $0
  • Other: $7,573
Hunter Berg (Executive Director)
  • Compensation: $146,038
  • Related: $0
  • Other: $35,389


Official website here: www.wscfoundation.com

Where can I find the form 990 for Williston State College Foundation?

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


Official website here: www.wscfoundation.com

Learn more at the official website: www.wscfoundation.com

Mission Statement of Williston State College Foundation

The Williston State College Foundation is committed to fostering and strengthening the Williston State College in North Dakota. Its mission is multifaceted, encompassing the establishment of relationships with alumni, donors, and the surrounding communities. Financially, the foundation strives to generate support for the college, funding scholarships for students seeking higher education, continuing education, and staff development grants. These scholarships and grants not only aid in the financial aspect of education but also contribute to the overall development of the students and staff. Furthermore, the foundation plays a significant role in leading capital expansion projects, aiming to develop a modern, state-of-the-art campus that thrives and meets the needs of its students and faculty. In essence, the Williston State College Foundation supports the college holistically, ensuring its continued growth and success.

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Impact




July, 2024

The impact of Williston State College Foundation can be seen through the support and promotion it provides to Williston State College in North Dakota. The foundation plays a crucial role in enhancing higher education opportunities for students through scholarships, continuing education programs, and grants for college and community projects. By fostering relationships with alumni, donors, and the surrounding communities, the foundation generates financial support to fund student and faculty development scholarships. Additionally, the foundation leads capital expansion efforts to develop a thriving state-of-the-art campus. Through these initiatives, the foundation significantly contributes to the growth and success of Williston State College, ultimately benefiting the educational opportunities and resources available to students and the community at large.




This information is meant to be a general summary of Williston State 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
$7,223,320 (2022)
Expenses
$3,328,260 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $205,662
  • Gross Receipts: $25,628,376

Assets and Liabilities:

  • Total Assets: $26,851,284
  • Total Liabilities: $12,135,520
  • Net Assets: $14,715,764

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Organization Details

Founding Year

1961

Principal Officer

Hunter Berg

Main Address

PO BOX 1286, WILLISTON, ND, 588021286

NTEE Category

Code: B110 - Education

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