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Mountain Gateway Community College Educational Foundation Inc

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

EIN: 541547596 ✦ Clifton forge, VA ✦ Designated as a 501(c)(3)

Overview

What is Mountain Gateway Community College Educational Foundation Inc?

Mountain Gateway Community College Educational Foundation Inc is a nonprofit organization based in Clifton Forge, Virginia. Its primary mission is to support Mountain Gateway Community College by providing scholarships, grants, and program assistance to students, faculty, and academic departments. The foundation manages approximately 85 endowed and non-endowed scholarship and grant funds, investing in the education of the community college's students. Additionally, the foundation helps purchase new equipment and technology for classrooms and offers faculty grants. With a team of six dedicated individuals, the foundation's purpose is to ensure an accessible and high-quality education for students in the community college's service area.


Official website here: www.mgcc.edu/foundation.html

Is Mountain Gateway Community College Educational Foundation Inc legitimate?

Mountain Gateway Community College Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountain Gateway Community College Educational 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.

Here are some key statistics you may want to consider:

Executive Compensation: $38,141
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,525

For more financial information, click here


Official website here: www.mgcc.edu/foundation.html

What is the mission statement of Mountain Gateway Community College Educational Foundation Inc?

The Mountain Gateway Community College Educational Foundation Inc's mission is centered around supporting its associated community college. Their primary objective is to assist in providing an accessible and quality education for students within the college's service area. Additionally, the foundation provides faculty grants and invests in new equipment and technology for classroom use. They also offer scholarships, grants, and program support to students, faculty, and academic departments of Mountain Gateway Community College. The foundation manages approximately 85 endowed and non-endowed scholarship and grant funds, although the expense totals do not include the value of donated facilities.


Official website here: www.mgcc.edu/foundation.html

Who is the CEO of Mountain Gateway Community College Educational Foundation Inc?

Amy Phillips is the Secretary of Mountain Gateway Community College Educational Foundation Inc.


Official website here: www.mgcc.edu/foundation.html

What is the revenue of Mountain Gateway Community College Educational Foundation Inc?

Mountain Gateway Community College Educational Foundation Inc's revenue in 2022 was $1,206,418.


Official website here: www.mgcc.edu/foundation.html

Who are the executives of Mountain Gateway Community College Educational Foundation Inc and what are their salaries?

The average compensation at Mountain Gateway Community College Educational Foundation Inc during 2022 was $19,944. There are 6 employees and 19 volunteers at Mountain Gateway Community College Educational Foundation Inc.

Here are 23 key members and their salaries:

    Dr John Rainone (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $170,000
  • Other: $42,000

    • Joseph Hagy (Executive Di)
  • Compensation: $30,609
  • Related: $16,481
  • Other: $24,838

    • Amy Phillips (Executive Di)
  • Compensation: $4,673
  • Related: $2,516
  • Other: $3,547

    • James Cook (Board Member)
  • Compensation: $2,859
  • Related: $1,906
  • Other: $1,376

    • Michelle Austin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Moga (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Stone (1St Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lois Switzer (2Nd Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Bryant (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helen Kostel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Vaughn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Weddle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Wilson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teenie Kegley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Beirne (Board Direct) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Nelson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Gumm Groseclose (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eddie Graham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Stephenson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Burks (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Friski (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Ramsey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mgcc.edu/foundation.html

    Where can I find the form 990 for Mountain Gateway Community College Educational Foundation Inc?

    The Mountain Gateway Community College Educational Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mgcc.edu/foundation.html

    Learn more at the official website: www.mgcc.edu/foundation.html

    Mission Statement of Mountain Gateway Community College Educational Foundation Inc

    Mountain Gateway Community College Educational Foundation Inc is committed to supporting Mountain Gateway Community College by aiding in the provision of an accessible, high-quality education for students within its service area. The foundation accomplishes this mission in various ways. It grants scholarships and financial aid to students, thereby ensuring affordability for higher education. Additionally, the foundation provides faculty grants, enabling educators to further their knowledge and implement innovative teaching methods. Lastly, the foundation invests in new equipment and technology for classrooms, enhancing the learning experience for students. Overall, Mountain Gateway Community College Educational Foundation Inc plays a crucial role in enriching the educational experience at Mountain Gateway Community College, making quality education more accessible for its students.

    Impact

    This information is meant to be a general summary of Mountain Gateway Community College Educational Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Mountain Gateway Community College Educational Foundation Inc plays a vital role in supporting Mountain Gateway Community College by helping to provide an accessible, quality education for students in its service area. The foundation focuses on providing scholarships, grants, and program support to students, faculty, and academic departments of the college. Through the administration of approximately 85 endowed and non-endowed scholarship and grant funds, the foundation contributes to enhancing educational opportunities for individuals in the community. Additionally, it facilitates the purchase of new equipment and technology for classroom use, further enriching the learning environment at the college. Overall, the impact of Mountain Gateway Community College Educational Foundation Inc is significant in ensuring students have the necessary resources to succeed in their academic pursuits.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $235,005
  • Program Service Revenue: $0
  • Gross Receipts: $1,369,969

    • Assets and Liabilities:
  • Total Assets: $8,824,532
  • Total Liabilities: $143,354
  • Net Assets: $8,681,178
  • Organization Details

    Principal Officer

    Amy Phillips

    Main Address

    1000 COLLEGE DRIVE, CLIFTON FORGE, VA, 24422

    NTEE Category

    Code: T31 - Philanthropy

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