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Metropolitan Community 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: 470596504 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Metropolitan Community College Foundation?

The Metropolitan Community College Foundation is a nonprofit organization situated in Omaha, Nebraska. Its primary mission is to bolster the mission of Metropolitan Community College (MCC) by fostering community awareness and offering various giving opportunities. These opportunities contribute to supporting faculty programs and providing scholarships to students, ensuring their academic success. Furthermore, the foundation offers emergency aid to students in need, ensuring they can complete their education without financial hurdles. Beyond scholarships, the foundation also provides tools and equipment for learning, ensuring a conducive environment for students to acquire knowledge. The foundation's activities aim to create meaningful relationships with community partners, connecting them with philanthropic objectives, and contributing to the College's mission of serving students and communities in its four-county service area.


Official website here: www.mccneb.edu/foundation

What are the reviews and ratings of this charity?

**Metropolitan Community College Foundation - Rating Summary**

The Metropolitan Community College Foundation has received a commendable Four-Star out of Four Star rating from Charity Navigator, with an overall score of 95%. This score reflects strong accountability and financial management, evidenced by a top-notch score of 97 in Accountability & Finance for the fiscal year 2023. The organization demonstrates financial health and governance with 100% independent board members and adherence to critical oversight practices.

Strengths of the foundation include a remarkably high program expense ratio of 99.45%, indicating a strong focus on mission-related spending. Additional governance policies like conflict of interest and whistleblower policies are well-documented, showcasing the organization's commitment to transparency and ethical operations. However, the Culture & Community score stands at 73, with a noted limitation in implementing only one equity practice, suggesting room for improvement in community engagement and inclusivity efforts.

Unfortunately, user reviews from GreatNonprofits could not be fetched, which limits insights into public sentiment regarding the foundation. Overall, the financial health and governance practices of the Metropolitan Community College Foundation are strong, although some areas related to community engagement may benefit from further development.


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

Is Metropolitan Community College Foundation legitimate?

Metropolitan Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mccneb.edu/foundation

What is the mission statement of Metropolitan Community College Foundation?

The Metropolitan Community College Foundation's mission is centered around supporting the mission of Metropolitan Community College (MCC) by raising awareness within the community and offering philanthropic opportunities. These opportunities contribute to faculty programs and provide financial aid, including scholarships and emergency assistance, to aid students in completing their education successfully. The Foundation aims to build and cultivate relationships with community partners, aligning their philanthropic goals with MCC's mission. Additionally, the Foundation assists MCC in serving students and communities across a four-county area by offering accessible and quality educational programs and services.


Official website here: www.mccneb.edu/foundation

Who is the CEO of Metropolitan Community College Foundation?

Gerry Tomka is the President (Since January 2021) of Metropolitan Community College Foundation.


Official website here: www.mccneb.edu/foundation

What is the revenue of Metropolitan Community College Foundation?

Metropolitan Community College Foundation's revenue in 2022 was $11,124,448.


Official website here: www.mccneb.edu/foundation

Who are the executives of Metropolitan Community College Foundation and what are their salaries?

There 23 volunteers at Metropolitan Community College Foundation.


Here are 24 key members and their salaries:


Josh Bartee (President (Since January 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Tomka (Vice President (Since January 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Meisinger (Treasurer (Since January 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Jensen (Secretary (Since 1/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Russell (Secretary ( To 12/31/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Hina Agarwal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Alloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Brazil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Castro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Christensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Hockney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Holden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Koch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Madden-Mcmahon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Makayla Mcmorris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Morrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Panzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Pesek (Director (Since January 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Settles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherie Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Zhang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Recker (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mccneb.edu/foundation

Where can I find the form 990 for Metropolitan Community College Foundation?

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


Official website here: www.mccneb.edu/foundation

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

Mission Statement of Metropolitan Community College Foundation

The Metropolitan Community College Foundation, in essence, serves to bolster the mission of Metropolitan Community College. Established with the intention of fostering community awareness, the Foundation builds and cultivates significant relationships. It connects potential donors with opportunities to contribute to the College's objectives, thereby supporting and aiding the institution in serving its students and communities across a four-county area. The Foundation's primary role is to provide access to quality educational programs and services, all while offering scholarships and emergency aid to students, thereby promoting their successful completion of their education. In doing so, the Metropolitan Community College Foundation plays a pivotal role in supporting the College's mission to serve and uplift its students and communities.

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Impact




July, 2024

Metropolitan Community College Foundation's impact is substantial in promoting successful education completion and supporting students and faculty at Metropolitan Community College in Omaha, Nebraska. Through providing scholarships, emergency aid, and academic program support, the foundation contributes to student success by ensuring access to quality education and necessary resources. Additionally, the foundation fosters community awareness and partnerships to fulfill philanthropic objectives that benefit students and communities in the four-county service area. This support helps enhance the learning experience, advance educational opportunities, and ultimately, contribute to the overall success of students and the college.




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

Revenue
$11,124,448 (2022)
201120122013201420152016201720182019202020212022$0$7.5M$15M$22.5M$30M
Expenses
$11,496,560 (2022)
201120122013201420152016201720182019202020212022$0$5M$10M$15M$20M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $339,593
  • Gross Receipts: $11,124,448

Assets and Liabilities:

  • Total Assets: $18,326,887
  • Total Liabilities: $1,273,411
  • Net Assets: $17,053,476

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Organization Details

Founding Year

1977

Principal Officer

Gerry Tomka

Main Address

PO Box 3777, Omaha, NE, 681030777

NTEE Category

Code: B41I - Education

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