Overview
What is Association Of Community College Trustees?
The Association of Community College Trustees (ACCT) is a nonprofit organization situated in Washington D.C., specifically at 1101 17TH STREET NW. Their primary purpose is to promote effective board governance in community colleges through education and advocacy. They achieve this by fostering a greater understanding and appreciation for community college boards, supporting these boards in developing public policies that cater to community needs, and building their leadership and advocacy capacity through in-service education. ACCT carries out these objectives through various meetings and events, such as their annual congress, legislative summit, and governance leadership institute. The organization currently employs around 20 individuals.
Official website here: www.acct.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)**
The Association of Community College Trustees (ACCT) holds a significant Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The high score reflects the organization’s adherence to best practices in governance, with full credit given for an entirely independent board and a robust policy framework regarding conflict of interest and whistleblower protections. However, the historical ratings mostly emphasize financial aspects since more qualitative measures of impact, culture, and leadership are not yet scored.
ACCT’s financial management is notable, with a strong program expense ratio of 68.34%, indicating that a significant portion of its funding goes directly to programs rather than administrative costs. Nevertheless, there is a minor limitation in that the organization's tax form was not posted on its website, which detracts slightly from transparency. These elements combined showcase a nonprofit that is financially sound but still has room for improvement in certain areas of operational transparency.
User reviews from GreatNonprofits could not be fetched, leaving an absence of firsthand feedback from constituents. Without such reviews, it's difficult to gather specific sentiments from those who engage directly with the organization. However, the strong financial ratings can provide potential donors and stakeholders with confidence in the organization's fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Association Of Community College Trustees legitimate?
Association Of Community College Trustees is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association Of Community College Trustees 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: $2,131,823
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.acct.org
What is the mission statement of Association Of Community College Trustees?
The Association of Community College Trustees' mission is centered around fostering a greater understanding and appreciation for community college boards. It aims to assist these boards in developing public policies that cater to meeting community needs. Furthermore, the organization strives to enhance board governance leadership and advocacy capacity through in-service education. This is achieved through various events such as annual congresses, legislative summits, and governance leadership institutes, all of which are geared towards promoting effective board governance through education and advocacy.
Official website here: www.acct.org
Who is the CEO of Association Of Community College Trustees?
Jee Hang Lee is the Secretary-Treasurer of Association Of Community College Trustees. The CEO's salary of Association Of Community College Trustees is $258,188 and their total compensation is $317,753.
Official website here: www.acct.org
What is the revenue of Association Of Community College Trustees?
Association Of Community College Trustees's revenue in 2022 was $7,500,415.
Official website here: www.acct.org
Who are the executives of Association Of Community College Trustees and what are their salaries?
The average compensation at Association Of Community College Trustees during 2022 was $106,591. There are 20 employees and 26 volunteers at Association Of Community College Trustees.
Here are 33 key members and their salaries (Association Of Community College Trustees's CEO's salary is $258,188 and their total compensation is $317,753):
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- Other: $25,925
Official website here: www.acct.org
Where can I find the form 990 for Association Of Community College Trustees?
Association Of Community College Trustees's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acct.org
Learn more at the official website: www.acct.org
Mission Statement of Association Of Community College Trustees
The Association of Community College Trustees, abbreviated as ACCT, is an organization dedicated to fostering a greater understanding and appreciation for community college boards. Its mission is multifaceted, aiming to support these boards in their efforts to develop public policies that cater to community needs. Furthermore, ACCT strives to build the leadership and advocacy capacity of these boards through in-service education. This mission is geared towards promoting effective board governance, ultimately benefiting the community colleges and the communities they serve.
In simpler terms, ACCT serves as a bridge between community college boards and the public, helping these boards understand the needs of their communities and develop policies that address these needs. Additionally, ACCT provides education and training to these boards, helping them develop the leadership and advocacy skills necessary to effectively govern their institutions. This mission is carried out through various events such as conventions, meetings, and institutes, which provide opportunities for in-service education and networking.
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Impact
July, 2024
The Association of Community College Trustees has a significant impact by fostering greater understanding and appreciation for community college boards, supporting boards in developing public policies that meet community needs, and building governance leadership and advocacy capacity through education and in-service training. By holding conventions, meetings, and educational events like the annual congress, national legislative summit, and governance leadership institute, the organization actively promotes effective board governance in the field of education. Through these activities, the Association of Community College Trustees plays a crucial role in advancing the mission of promoting quality education and advocacy within community colleges.
This information is meant to be a general summary of Association Of Community College Trustees. 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 2022.
- Investment Income: $265,933
- Program Service Revenue: $5,872,612
- Gross Receipts: $7,500,415
Assets and Liabilities:
- Total Assets: $9,772,725
- Total Liabilities: $3,692,895
- Net Assets: $6,079,830
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION / MEETING
Revenue
$1,933,516
BOARD SERVICE FEES
Revenue
$1,115,387
MEMBERSHIP DUES
Revenue
$2,823,709
Organization Details
Founding Year
1972
Phone
(202) 775-6495Principal Officer
Jee Hang Lee
Main Address
1101 17TH STREET NW, WASHINGTON, DC, 20036
Website
www.acct.orgNTEE Category
Code: B03 - Education
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