Overview
What is American Association Of Community Colleges?
The American Association of Community Colleges (AACC) is a Washington, D.C.-based nonprofit organization with approximately 33 employees. They act as a focal point for grants and contracts, participating in various projects to strengthen community, junior, and technical colleges. AACC's mission is to support these institutions and the accessible educational opportunities they provide to individuals, organizations, and communities, aiming to build a nation of learners. Through exerting leadership and offering services, they contribute to enhancing the community college system nationwide.
Official website here: www.aacc.nche
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The American Association of Community Colleges has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization achieved a high score of 92% based solely on its accountability and finance metrics, indicating transparency and responsible management of resources. This score is particularly significant as it emphasizes the importance of financial stewardship in nonprofit organizations.
Strengths noted include a fully independent board of directors, comprehensive financial oversight, and the absence of any material diversion of assets, showcasing effective governance practices. Furthermore, the organization adheres to several best practices, such as maintaining a whistleblower policy, conflict of interest policy, and having its financial documents reviewed by the board prior to filing. These elements contribute to a robust foundation for maintaining trust with stakeholders.
While the organization has demonstrated solid financial health, with a program expense ratio of over 80%, the working capital ratio of 0.68 years suggests a potential area for improvement in liquidity management. Nevertheless, the overall positive feedback underscores the association's effective operation and reliable handling of funds, reinforcing its credibility as a nonprofit entity.
This AI summary has been generated from information found on Charity Navigator.
Is American Association Of Community Colleges legitimate?
American Association Of Community Colleges is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Association Of Community Colleges 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: $3,712,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,946,498
For more financial information, click here
Official website here: www.aacc.nche
What is the mission statement of American Association Of Community Colleges?
The American Association of Community Colleges (AACC) is dedicated to leading and serving community, junior, and technical colleges to provide accessible educational opportunities for individuals, organizations, and communities. Their mission is to build a nation of learners by advancing community colleges in the United States. AACC participates in various projects to strengthen different aspects of the community college system, acting as a central hub for funds used to provide opportunities for member colleges. Their grants and contracts contribute to enhancing the capabilities of community colleges across the nation.
Official website here: www.aacc.nche
What is the revenue of American Association Of Community Colleges?
American Association Of Community Colleges's revenue in 2023 was $16,596,418.
Official website here: www.aacc.nche
Who are the executives of American Association Of Community Colleges and what are their salaries?
The average compensation at American Association Of Community Colleges during 2023 was $171,490. There are 33 employees and 29 volunteers at American Association Of Community Colleges.
Here are 46 key members and their salaries:
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- Compensation: $120,735
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- Other: $25,811
Official website here: www.aacc.nche
Where can I find the form 990 for American Association Of Community Colleges?
American Association Of Community Colleges's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aacc.nche
Learn more at the official website: www.aacc.nche
Mission Statement of American Association Of Community Colleges
The American Association of Community Colleges (AACC) is a leading organization that takes a proactive role in supporting community, junior, and technical colleges across the country. These institutions play a vital role in providing accessible educational opportunities to individuals, organizations, and communities, forming the association's constituencies.
In alignment with its mission, AACC works tirelessly to build a nation of learners by advancing America's community colleges. The organization participates in various projects aimed at enhancing different aspects of the national community college system through grants and contracts. AACC serves as a crucial point of contact for funds used to provide opportunities for its member colleges.
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Impact
October, 2024
The American Association of Community Colleges (AACC) significantly influences the landscape of higher education by advocating for community, junior, and technical colleges across the United States. By providing leadership and extensive support services, AACC enhances accessible educational opportunities tailored to meet the diverse needs of individuals, organizations, and communities.
Through its initiatives, AACC acts as a pivotal resource for funding, channeling grants and contracts that empower member colleges to develop and strengthen their programs. This approach fosters innovation and growth within the nation's community college system, ultimately contributing to the advancement of learners and addressing workforce demands.
Additionally, AACC's commitment to building a nation of learners ensures that community colleges continue to play a vital role in promoting education access, equity, and lifelong learning, thereby shaping a more educated and skilled workforce that benefits society at large.
This information is meant to be a general summary of American Association Of Community Colleges. 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: $282,008
- Program Service Revenue: $3,684,406
- Gross Receipts: $16,664,074
Assets and Liabilities:
- Total Assets: $26,587,905
- Total Liabilities: $14,842,608
- Net Assets: $11,745,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONVENTION
Revenue
$2,730,307
PROF DEV WORKSHOPS
Revenue
$774,903
PUBLICATIONS
Revenue
$179,196
Organization Details
Founding Year
1920
Principal Officer
Ramsay R Johnson Jr
Website
www.aacc.ncheNTEE Category
Code: B034 - Education
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