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Van Andel Education Institute

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

EIN: 522000824 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is Van Andel Education Institute?

The Van Andel Education Institute, located in Grand Rapids, Michigan, is a dedicated nonprofit organization. Their primary focus is on providing engaging education programs for K-12 students and teachers, aiming to foster an environment where curiosity and creativity flourish. Their initiatives include after-school programs and summer camps, serving over 400 students in 2022. Beyond this, the institute operates the Van Andel Institute Graduate School (VAIGS) and the Van Andel Education Institute (VAEI), contributing to educational advancements. With a team of 12 dedicated individuals, the Van Andel Education Institute strives to enrich the learning experiences of its community.


Official website here: www.vaei.vai.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

The Van Andel Education Institute has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. Their score, which is based entirely on accountability and finance metrics, reflects strong governance practices, including an independent board composed of 80% independent members and the presence of essential policies, such as conflict of interest and whistleblower policies.

The organization demonstrates impressive financial management, with an excellent program expense ratio of 88.67%, ensuring that a significant portion of funds raised directly supports their educational initiatives. Their liabilities to assets ratio of 34.09% further highlights their financial stability and ability to meet obligations without compromising their programs.

While the available data showcases the institute's strengths in governance and financial practices, there are no noted limitations in the feedback provided. Overall, the Van Andel Education Institute appears to be a well-managed organization focused on fulfilling its mission effectively.


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

Is Van Andel Education Institute legitimate?

Van Andel Education Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Van Andel Education Institute 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: $91,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,665

For more financial information, click here


Official website here: www.vaei.vai.org/

What is the mission statement of Van Andel Education Institute?

The Van Andel Education Institute operates the Van Andel Institute Graduate School (VAIGS) and the Van Andel Education Institute (VAEI). Its mission, in essence, is centered around operating these entities. The VAEI specifically focuses on providing educational programs for K-12 students and teachers. The institute is committed to fostering an educational environment where curiosity and creativity flourish. This is achieved through various initiatives such as after-school programs and summer camps. In 2022, the VAEI served over 400 students, demonstrating its dedication to educational growth and development.


Official website here: www.vaei.vai.org/

Who is the CEO of Van Andel Education Institute?

Timothy J Myers is the Chairman / Ceo of Van Andel Education Institute. The CEO's salary of Van Andel Education Institute is $0 and their total compensation is $626,471.


Official website here: www.vaei.vai.org/

What is the revenue of Van Andel Education Institute?

Van Andel Education Institute's revenue in 2022 was $4,823,357.


Official website here: www.vaei.vai.org/

Who are the executives of Van Andel Education Institute and what are their salaries?

The average compensation at Van Andel Education Institute during 2022 was $32,390. There are 12 employees at Van Andel Education Institute.


Here are 11 key members and their salaries (Van Andel Education Institute's CEO's salary is $0 and their total compensation is $626,471):


David Van Andel (Chairman / Ceo)
  • Compensation: $0
  • Related: $460,906
  • Other: $165,565
Dr Juan Olivarez (Vaei Trustee)
  • Compensation: $9,000
  • Related: $2,000
  • Other: $0
Dr James Bultman (Vaei Trustee)
  • Compensation: $9,000
  • Related: $7,500
  • Other: $0
Susan Meell (Vaei Trustee)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Teresa Weatherall-Neal (Vaei Trustee)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Timothy Myers (Chief Financial Officer/Vp)
  • Compensation: $0
  • Related: $353,328
  • Other: $104,995
Terra Tarango (Vaei Director)
  • Compensation: $0
  • Related: $265,242
  • Other: $96,039
Dr Steve Triezenberg (Dean Of Graduate School)
  • Compensation: $0
  • Related: $281,314
  • Other: $91,814
Thomas Curran Jr (General Counsel)
  • Compensation: $0
  • Related: $407,171
  • Other: $114,355
Gerald Callahan (Chief Strategic Officer)
  • Compensation: $0
  • Related: $404,819
  • Other: $128,718
Christy Mayo (Director Of Enrollment & Records)
  • Compensation: $0
  • Related: $104,298
  • Other: $19,271


Official website here: www.vaei.vai.org/

Where can I find the form 990 for Van Andel Education Institute?

Van Andel Education Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vaei.vai.org/

Learn more at the official website: www.vaei.vai.org/

Mission Statement of Van Andel Education Institute

The Van Andel Education Institute, a renowned organization, is committed to the operation of the Van Andel Institute Graduate School (VAIGS) and the Van Andel Education Institute (VAEI). Its mission, in essence, revolves around operating these two entities. The Van Andel Education Institute, specifically, is dedicated to providing educational programs for K-12 students and teachers. It strives to cultivate an environment in classrooms where curiosity and creativity flourish. To achieve this, VAEI offers a variety of educational programs, including after-school programs and summer camps. In 2022, the institute served over 400 students, demonstrating its commitment to fostering learning and creativity in young minds.

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Impact




July, 2024

Van Andel Education Institute's impact is profound, as it offers education programs that foster curiosity and creativity among K-12 students and teachers. By serving more than 400 students in 2022 through after-school programs and summer camps, VAEI is dedicated to creating inspiring classrooms where learning thrives.




This information is meant to be a general summary of Van Andel Education Institute. 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
$4,823,357 (2022)
Expenses
$4,725,291 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $4,823,357

Assets and Liabilities:

  • Total Assets: $5,113,331
  • Total Liabilities: $1,743,539
  • Net Assets: $3,369,792

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Organization Details

Founding Year

1996

Principal Officer

Timothy J Myers

Main Address

333 BOSTWICK AVENUE NE, GRAND RAPIDS, MI, 49503

NTEE Category

Code: B24Z - Education

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