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Lenoir Community College Foundation Inc

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

EIN: 561055936 ✦ Kinston, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lenoir Community College Foundation Inc?

Lenoir Community College Foundation Inc, situated in Kinston, North Carolina, is a dedicated nonprofit organization that primarily focuses on supporting education. Last year, they generated an impressive revenue of $1,514,133. Their primary mission is to bolster Lenoir Community College by offering various student support services. This includes providing scholarships to deserving students, fostering staff development, and offering additional resources to aid students in their academic journey. By doing so, the foundation aims to enhance the educational experience and opportunities at Lenoir Community College.

Is Lenoir Community College Foundation Inc legitimate?

Lenoir Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lenoir 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: $0

For more financial information, click here

What is the mission statement of Lenoir Community College Foundation Inc?

The Lenoir Community College Foundation's mission is centered around supporting its affiliated institution, Lenoir Community College. They accomplish this by providing various aid services. Primarily, they offer scholarships to students, thereby enabling financial access to education. Additionally, they invest in staff development, aiming to enhance the quality of education provided. Furthermore, the foundation extends its support to other student-related services, ensuring a holistic learning environment. In the previous year, the foundation generated substantial revenues, underscoring its commitment to its mission.

Who is the CEO of Lenoir Community College Foundation Inc?

Mrs Jeanne Kennedy is the Director of Lenoir Community College Foundation Inc.

What is the revenue of Lenoir Community College Foundation Inc?

Lenoir Community College Foundation Inc's revenue in 2022 was $1,221,463.

Who are the executives of Lenoir Community College Foundation Inc and what are their salaries?

There 55 volunteers at Lenoir Community College Foundation Inc.


Here are 22 key members and their salaries:


Dr Shirley L Dove (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr David Edwards (Chairman, De)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Corey Fader (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Dexter Floyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Cale Grady (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Robert Hosea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Chris Humphrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rusty Hunt (President Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jack Harrell Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lynwood C Turner Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Oscar Greene Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jp Jay Cherry Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Jeanne Kennedy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr John Marston (Chairman, Fi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr John Mcphaul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jacques Passailaigue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Buddy Ritch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Randy Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Deborah Sutton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Charles Taylor (Chairman, Go)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Bobby Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Ken Tetterton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lenoir Community College Foundation Inc?

Lenoir Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lenoir Community College Foundation Inc

Lenoir Community College Foundation, as a dedicated organization, plays a pivotal role in supporting its namesake institution. Their primary mission is to provide various forms of assistance to Lenoir Community College and its student body. This encompasses providing scholarships to students, fostering staff development, and offering additional student support services. By doing so, they aim to enhance the overall educational experience and opportunities for students at the college.

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Impact




October, 2024

Lenoir Community College Foundation Inc significantly enhances educational opportunities for students in Kinston, NC, by providing vital support through scholarships and development programs. With over $1.5 million in revenue last year, the foundation plays a crucial role in helping students overcome financial barriers, ensuring access to quality education. By funding staff development initiatives, it also strengthens the college's educational offerings, benefiting both students and faculty. Overall, the foundation's efforts foster a thriving academic environment and contribute to the growth and success of the community.




This information is meant to be a general summary of Lenoir 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.

Revenue
$1,221,463 (2022)
2011201220132014201520162017201820192019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$628,545 (2022)
2011201220132014201520162017201820192019202020212022$0$300k$600k$900k$1.2M
Efficiency
20112012201320142015201620172018201920192020202120220%4%8%12%19%

Other financial information:

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

  • Investment Income: -$754,179
  • Program Service Revenue: $181,939
  • Gross Receipts: $6,645,501

Assets and Liabilities:

  • Total Assets: $11,632,135
  • Total Liabilities: $1,262
  • Net Assets: $11,630,873

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PASSPORTS INCOME

Revenue

$93,305

TRAVEL PROGRAM

Revenue

$88,634

Organization Details

Founding Year

1972

Principal Officer

Mrs Jeanne Kennedy

Main Address

PO BOX 188, KINSTON, NC, 28502

NTEE Category

Code: B41I - Education

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