Overview
What is Chattanooga State Community College Foundation?
The Chattanooga State Community College Foundation is a nonprofit organization situated in Chattanooga, Tennessee, specifically at 4501 Amnicola Highway. Its primary mission is to support and advance the objectives aligned with the mission of Chattanooga State Community College. The foundation achieves this by providing funding to approximately 15 departments or programs within the college. This financial assistance often takes the form of necessary supplies and equipment. The ultimate goal of the Chattanooga State Community College Foundation is to contribute positively and contribute to the educational purposes of the college.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Chattanooga State Community College Foundation holds a Three-Star rating from Charity Navigator, reflecting a robust score of 79%. This rating is based entirely on the organization's accountability and finance practices, indicating a solid commitment to financial transparency and responsibility. With a focus on accountability, the Foundation has demonstrated effective governance through its independent board, which consists of 100% independent members.
Strengths of the Foundation include a high program expense ratio of 91.63%, showcasing that a significant portion of its resources is allocated directly to its programs. Additionally, the Foundation has implemented essential policies, such as conflict of interest and whistleblower policies, contributing to its strong governance framework. The absence of any material diversion of assets further strengthens their financial integrity.
While the Foundation has shown a strong performance in accountability and finance, the rating emphasizes that it is based solely on one aspect of its operations. Future assessments could benefit from a more comprehensive evaluation that includes other performance metrics, allowing for a fuller understanding of its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Chattanooga State Community College Foundation legitimate?
Chattanooga State Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chattanooga State Community College Foundation 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.
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What is the mission statement of Chattanooga State Community College Foundation?
The Chattanooga State Community College Foundation's mission is centered around supporting and furthering the objectives aligned with the mission of Chattanooga State Community College. Its primary aim is to contribute to the educational purposes of the college. The foundation accomplishes this by providing funding to cater to the needs of approximately 15 departments or programs within Chattanooga State Community College. Typically, this funding is used to procure necessary supplies and equipment.
Who is the CEO of Chattanooga State Community College Foundation?
Edna Varner is the Board Member of Chattanooga State Community College Foundation.
What is the revenue of Chattanooga State Community College Foundation?
Chattanooga State Community College Foundation's revenue in 2022 was $1,112,258.
Who are the executives of Chattanooga State Community College Foundation and what are their salaries?
There 16 volunteers at Chattanooga State Community College Foundation.
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Where can I find the form 990 for Chattanooga State Community College Foundation?
Chattanooga State Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chattanooga State Community College Foundation
The Chattanooga State Community College Foundation's mission is centered around supporting and advancing the objectives of Chattanooga State Community College, with the ultimate goal of benefiting and furthering its educational purposes. This nonprofit organization's role is to provide funding to meet the needs of approximately 15 departments or programs within Chattanooga State Community College. Typically, these funds are utilized to procure essential supplies and equipment. By doing so, the Chattanooga State Community College Foundation contributes significantly to the college's ability to operate effectively and provide quality education to its students.
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Impact
July, 2024
The Chattanooga State Community College Foundation plays a significant role in supporting and advancing the goals of Chattanooga State Community College. By providing funding to meet the needs of approximately 15 departments and programs at the college, the foundation ensures that essential supplies and equipment are available. This support directly impacts the educational experience of students and faculty, contributing to the overall mission of the college to provide quality education and resources.
This information is meant to be a general summary of Chattanooga State Community College Foundation. 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: $460,048
- Gross Receipts: $1,211,937
Assets and Liabilities:
- Total Assets: $9,690,248
- Total Liabilities: $18,654
- Net Assets: $9,671,594
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Organization Details
Founding Year
1978
Phone
(423) 697-4487Principal Officer
Edna Varner
Main Address
4501 AMNICOLA HIGHWAY, CHATTANOOGA, TN, 374061097
NTEE Category
Code: B114 - Education
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