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Nacs Foundation

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

EIN: 521270412 ✦ Oberlin, OH ✦ Designated as a 501(c)(3)

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Overview

What is Nacs Foundation?

The Nacs Foundation is a nonprofit organization situated in Oberlin, Ohio, specifically at 500 East Lorain Street. Its primary mission is to bolster initiatives and educational programs offered by the National Association of College Stores (NACS). This includes providing grants for individuals to attend the NACS Annual Meeting and other educational courses, as well as funding educational programs for NACS members. Furthermore, the foundation engages in research addressing vital issues within the college store industry. By offering these resources, the Nacs Foundation aims to expand the reach of NACS' educational programs, foster essential research, and establish strategic partnerships in support of the association.


Official website here: www.nacs.org

What do the Facebook reviews say about Nacs Foundation?

94% of 10 reviewers on Facebook recommend the Nacs Foundation. Here is a summary of their reviews:

Many individuals express a high level of satisfaction with their interactions, describing the nonprofit as efficient, positive, and effective. Users feel that their engagement with the organization has been enjoyable and impactful.

Overall, the sentiment surrounding the Nacs Foundation is quite favorable, with supporters appreciating the quality of their services and the positive experiences they have shared.


This AI summary has been generated from reviews found on Facebook.

Is Nacs Foundation legitimate?

Nacs Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nacs 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.nacs.org

What is the mission statement of Nacs Foundation?

The Nacs Foundation's mission is centered around supporting the initiatives and educational programs of the National Association of College Stores (NACS). Its primary goal is to make these educational programs more accessible to a broader range of professionals within the industry. Additionally, the foundation conducts research to address fundamental issues affecting the college store sector. Furthermore, the Nacs Foundation builds strategic partnerships in alignment with NACS' objectives. In terms of practical applications, the foundation provides grants to individuals to attend NACS annual meetings and other educational courses, as well as funding for NACS to provide educational programs to its members.


Official website here: www.nacs.org

Who is the CEO of Nacs Foundation?

Frank J Sulen is the Director of Nacs Foundation. The CEO's salary of Nacs Foundation is $0 and their total compensation is $350,767.


Official website here: www.nacs.org

What is the revenue of Nacs Foundation?

Nacs Foundation's revenue in 2022 was $342,683.


Official website here: www.nacs.org

Who are the executives of Nacs Foundation and what are their salaries?

There 35 volunteers at Nacs Foundation.


Here are 13 key members and their salaries (Nacs Foundation's CEO's salary is $0 and their total compensation is $350,767):


Beth Christian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Ellenberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loreen Maxfield (Immed.Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Hailstork (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Snow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Slone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Polly Grapes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luanne Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Tolly (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Cochran (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rip Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Sulen (Chief Financial Officer)
  • Compensation: $0
  • Related: $301,854
  • Other: $14,995
Edward L Schlichenmayer (Ceo)
  • Compensation: $0
  • Related: $330,719
  • Other: $20,048


Official website here: www.nacs.org

Where can I find the form 990 for Nacs Foundation?

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


Official website here: www.nacs.org

Learn more at the official website: www.nacs.org

Mission Statement of Nacs Foundation

The NACS Foundation, an entity dedicated to supporting the National Association of College Stores (NACS), aims to enhance the accessibility of its educational programs for a broader professional audience. This organization also fosters research that tackles fundamental issues within the college store industry. Moreover, the NACS Foundation builds strategic partnerships to bolster the initiatives and goals of NACS.

In essence, the mission of the NACS Foundation revolves around two primary objectives. Firstly, it aims to make NACS' educational programs more accessible to a diverse group of professionals. Through various grants, the foundation enables individuals to attend NACS annual meetings and other educational courses, thereby expanding the reach of these programs. Secondly, the NACS Foundation supports research that addresses critical issues within the college store industry. By investing in research, the foundation contributes to the development of innovative solutions and best practices that can help the industry thrive.

In summary, the NACS Foundation serves as a catalyst for growth and advancement within the college store industry. By providing educational opportunities and supporting research, it empowers professionals and fosters an environment of continuous learning and improvement.

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Impact




October, 2024

NACS Foundation significantly enhances the landscape of the college store industry by providing essential support for initiatives and educational programs associated with the National Association of College Stores (NACS). Through initiatives like the NACS Professional Development Grants, the Foundation facilitates access to valuable educational experiences for individuals in the field, such as attendance at the NACS annual meeting and other key courses.

By funding research projects that tackle critical issues affecting the college store sector, NACS Foundation equips professionals with the knowledge and insights needed to address current challenges and drive innovation. The Foundation’s mission to broaden accessibility to its educational programs not only fosters a more informed workforce but also strengthens strategic partnerships that benefit the entire college store ecosystem. Overall, the NACS Foundation plays a pivotal role in advancing professional development and addressing the evolving needs of the college store industry.




This information is meant to be a general summary of Nacs 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
$342,683 (2022)
Expenses
$773,615 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $302,722
  • Program Service Revenue: $9,683
  • Gross Receipts: $625,280

Assets and Liabilities:

  • Total Assets: $3,635,153
  • Total Liabilities: $459,438
  • Net Assets: $3,175,715

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SURVEYS,RESEARCH&OTHER

Revenue

$9,683

Organization Details

Founding Year

1982

Principal Officer

Frank J Sulen

Main Address

500 EAST LORAIN STREET, OBERLIN, OH, 44074

NTEE Category

Code: B110 - Education

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