Overview
What is Sampson High School Alumni Association Inc?
Sampson High School Alumni Association Inc is a nonprofit organization based in Riverdale, Maryland. Their main mission is to support the education of deserving youth in the community by offering scholarships, considering financial needs and other qualifying factors. Additionally, they aim to provide affordable housing for individuals in need, aligning with their goal of giving back to the community. The association operates from a PO Box in the mentioned location.
Official website here: www.sampsonalumni.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 16%, Zero-Star out of Four Star rating.
The Sampson High School Alumni Association Inc has received a low score of 16%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members and lacks several critical policies, such as a conflict of interest policy and a whistleblower policy. Additionally, the program expense ratio is low at 22.6%, suggesting that a small portion of its expenses is directed towards its programs.
Despite scoring well on some aspects, such as no material diversion of assets and having board meeting minutes documented, the overall governance and transparency shortcomings are quite pronounced. The absence of independent board members raises questions about oversight and decision-making processes within the organization. Furthermore, the lack of a posted tax form on its website further limits transparency.
Overall, while the Sampson High School Alumni Association shows some operational strengths, the significant deficiencies in governance and financial accountability indicated by its low rating highlight the need for substantial improvements to earn greater trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sampson High School Alumni Association Inc legitimate?
Sampson High School Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sampson High School Alumni Association Inc 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.
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For more financial information, click here
Official website here: www.sampsonalumni.org
What is the mission statement of Sampson High School Alumni Association Inc?
The Sampson High School Alumni Association Inc is dedicated to serving its community by managing a scholarship fund for deserving yet financially challenged youth in the area. Additionally, the organization provides affordable housing solutions for individuals in need. The scholarship program is awarded based on financial need and other qualifying criteria, with the aim of supporting post-secondary education for promising students. The Alumni Association's housing initiative aims to address the need for affordable housing within the community, ensuring that those in need have access to suitable living accommodations.
Official website here: www.sampsonalumni.org
Who is the CEO of Sampson High School Alumni Association Inc?
Reginald Chestnutt is the Business Manager of Sampson High School Alumni Association Inc.
Official website here: www.sampsonalumni.org
What is the revenue of Sampson High School Alumni Association Inc?
Sampson High School Alumni Association Inc's revenue in 2023 was $41,972.
Official website here: www.sampsonalumni.org
Who are the executives of Sampson High School Alumni Association Inc and what are their salaries?
There 18 volunteers at Sampson High School Alumni Association Inc.
Here are 9 key members and their salaries:
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Official website here: www.sampsonalumni.org
Where can I find the form 990 for Sampson High School Alumni Association Inc?
Sampson High School Alumni Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sampsonalumni.org
Learn more at the official website: www.sampsonalumni.org
Mission Statement of Sampson High School Alumni Association Inc
The Sampson High School Alumni Association Inc is dedicated to serving the community by administering a scholarship fund for deserving and financially struggling youth in the area. Their mission is multifaceted, encompassing not only the provision of educational financial aid but also the supply of affordable housing for those in need. The association awards scholarships to students who meet specific criteria, primarily based on financial need, ensuring that deserving individuals have the opportunity to pursue higher education. By providing both educational support and affordable housing, the Sampson High School Alumni Association Inc aims to contribute positively to the lives of young people in the community, helping them overcome financial challenges and pave the way for a brighter future.
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Impact
August, 2024
The Sampson High School Alumni Association Inc has had a significant impact on the community by administering scholarship funds for needy and worthy area youth. They have provided scholarships to students for post-secondary education based on financial need and other criteria. Additionally, they have been proactive in providing affordable housing to those in need. This organization's mission to support education and provide opportunities for underprivileged individuals has positively influenced the lives of many in the RIVERDALE, MD area.
This information is meant to be a general summary of Sampson High School Alumni Association Inc. 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: $116
- Gross Receipts: $63,777
Assets and Liabilities:
- Total Assets: $906,875
- Total Liabilities: $0
- Net Assets: $906,875
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Organization Details
Founding Year
1973
Phone
(910) 592-2488Principal Officer
Reginald Chestnutt
Main Address
P O BOX 975, RIVERDALE, MD, 20738
Website
www.sampsonalumni.orgNTEE Category
Code: B84 - Education
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