Overview
What is Mountain Empire Community College Foundation Inc?
Mountain Empire Community College Foundation Inc is a nonprofit organization situated in Big Stone Gap, Virginia. Its primary objective is to support the educational growth and well-being of Mountain Empire Community College students. This is achieved by allocating scholarships, funding professional development for employees, sponsoring faculty projects that enhance student success, organizing cultural events for students and the community, and undertaking physical improvements on the campus. Beyond just benefiting students, the foundation also contributes to the overall development of the Virginia Community College System, aligning with its mission to foster and promote progress.
Official website here: www.me.vccs.edu/foundation.html
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Mountain Empire Community College Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation's overall score is derived solely from its high accountability and finance score of 97%, indicating a robust commitment to responsible financial practices and transparency.
Key strengths highlighted include a fully independent board, with all members meeting the criteria for independence, as well as comprehensive oversight in financial statements. The organization boasts a strong program expense ratio of 77.08%, demonstrating that a significant portion of its funds is directed towards its mission-driven programs rather than administrative costs. Additionally, it maintains low fundraising costs and has a high level of working capital.
No significant limitations were noted in the data, suggesting that the Mountain Empire Community College Foundation operates with minimal risk concerning asset diversion and has solid policies in place for governance and financial management. Overall, this nonprofit appears to be highly effective in its operations, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Mountain Empire Community College Foundation Inc legitimate?
Mountain Empire Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountain Empire Community College Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $254,993
For more financial information, click here
Official website here: www.me.vccs.edu/foundation.html
What is the mission statement of Mountain Empire Community College Foundation Inc?
The Mountain Empire Community College Foundation Inc's mission is centered around fostering and promoting the growth and progress of Mountain Empire Community College and the Virginia Community College System. One of their key activities is providing educational assistance to students attending Mountain Empire Community College. This includes allocating scholarships, funding professional development for employees, supporting faculty projects to enhance student success, organizing cultural events for students and the community, and making physical improvements to the campus. In essence, their mission is to contribute positively to the growth and welfare of the college and its students.
Official website here: www.me.vccs.edu/foundation.html
Who is the CEO of Mountain Empire Community College Foundation Inc?
Amy Greear is the Past Chair; Emeritus of Mountain Empire Community College Foundation Inc.
Official website here: www.me.vccs.edu/foundation.html
What is the revenue of Mountain Empire Community College Foundation Inc?
Mountain Empire Community College Foundation Inc's revenue in 2022 was $2,831,277.
Official website here: www.me.vccs.edu/foundation.html
Who are the executives of Mountain Empire Community College Foundation Inc and what are their salaries?
There 20 volunteers at Mountain Empire Community College Foundation Inc.
Here are 25 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $183,211
- Other: $41,844
- Compensation: $0
- Related: $119,276
- Other: $38,726
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $110,445
- Other: $31,218
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $65,825
- Other: $20,802
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $52,123
- Other: $16,082
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.me.vccs.edu/foundation.html
Where can I find the form 990 for Mountain Empire Community College Foundation Inc?
Mountain Empire Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.me.vccs.edu/foundation.html
Learn more at the official website: www.me.vccs.edu/foundation.html
Mission Statement of Mountain Empire Community College Foundation Inc
Mountain Empire Community College Foundation Inc, as a nonprofit organization, is committed to fostering and promoting the growth, progress, and general welfare of Mountain Empire Community College and the Virginia Community College System. This is achieved through various means, including providing educational assistance to individuals attending Mountain Empire Community College.
The foundation's mission is multifaceted, encompassing several key areas. Firstly, it allocates scholarships to benefit Mountain Empire Community College students, aiming to make higher education more accessible and affordable for those in need. Secondly, it funds professional development for the college's employees and faculty, investing in their skills and expertise to enhance the quality of education provided.
In addition, Mountain Empire Community College Foundation Inc supports faculty projects that are designed to foster student success. These initiatives could range from research projects to innovative teaching methodologies, all aimed at enhancing the learning experience. The foundation also sponsors cultural events for students and the community, promoting diversity and fostering a sense of community.
Lastly, the foundation contributes to physical improvements on the campus. This could involve renovating facilities, constructing new buildings, or upgrading technology to provide a conducive learning environment for students. By undertaking these activities, Mountain Empire Community College Foundation Inc plays a crucial role in supporting the growth and development of Mountain Empire Community College and the Virginia Community College System.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Mountain Empire Community College Foundation Inc's impact lies in providing crucial educational assistance to individuals attending Mountain Empire Community College. By receiving and allocating scholarships, the foundation directly supports students in pursuing their academic goals and dreams. Additionally, the foundation's funding of professional development for employees and faculty projects enhances the overall quality of education at the college, fostering student success. Cultural events organized by the foundation not only enrich the student experience but also benefit the broader community. Furthermore, the foundation's contributions towards physical improvements on campus create a conducive learning environment for all. In essence, Mountain Empire Community College Foundation Inc plays a vital role in promoting the growth, progress, and general welfare of the college and the Virginia Community College System.
This information is meant to be a general summary of Mountain Empire Community College Foundation 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 2022.
- Investment Income: $776,352
- Gross Receipts: $2,992,400
Assets and Liabilities:
- Total Assets: $31,482,446
- Total Liabilities: $686,100
- Net Assets: $30,796,346
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1981
Phone
(276) 523-2400Principal Officer
Amy Greear
Main Address
3441 MOUNTAIN EMPIRE ROAD, BIG STONE GAP, VA, 24219
NTEE Category
Code: B110 - Education
If you are a representative of Mountain Empire Community College Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.