Overview
What is Chattahoochee Tech Foundation Inc?
Chattahoochee Tech Foundation Inc, based in Marietta, Georgia, serves as a crucial supporter for Chattahoochee Technical College. With a focus on fostering a skilled workforce, the foundation collaborates with individuals, businesses, and the community to provide financial aid to the college, its students, faculty, and staff. Their mission is to actively promote the institution, cater to its needs, and enhance economic development in North Central Georgia by fulfilling constantly evolving economic and technical requirements, enriching the quality of life, and adding value to the community at large. The foundation currently employs one individual in its mission to nurture a well-equipped workforce that can support existing industries and contribute to the growth of new ones.
Official website here: www.chattahoocheetech.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Chattahoochee Tech Foundation Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity's overall score is derived solely from a comprehensive assessment of its financial practices, underscoring its transparency and effective management. With a perfect score in multiple categories, including a 0.00% liabilities to assets ratio and a high program expense ratio of 92.39%, the foundation demonstrates a robust financial standing.
The foundation benefits from a governance structure featuring a 100% independent board, which is crucial for maintaining objectivity and integrity in decision-making. Additionally, the organization has established clear policies regarding conflicts of interest, whistleblower protections, and document retention, contributing to its high accountability score. This strong governance framework supports the foundation's mission and enhances donor trust.
While the foundation showcases several organizational strengths, the data does not highlight any significant limitations or areas for improvement. Overall, Chattahoochee Tech Foundation Inc stands out as a well-managed nonprofit, making it a commendable option for potential donors looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Chattahoochee Tech Foundation Inc legitimate?
Chattahoochee Tech Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chattahoochee Tech 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
Official website here: www.chattahoocheetech.edu/foundation
What is the mission statement of Chattahoochee Tech Foundation Inc?
The Chattahoochee Tech Foundation Inc's mission is focused on actively promoting Chattahoochee Technical College. It aims to support the college's students, faculty, and staff while also providing supplemental funding for the institution. The foundation accomplishes this by collaborating with individuals, businesses, and industry, as well as the community, to develop a well-trained and highly skilled workforce. This workforce can contribute to supporting new and existing industries, meeting constantly changing economic and technical needs, enhancing the quality of life, adding value to the entire community, and boosting the economic development of North Central Georgia.
Official website here: www.chattahoocheetech.edu/foundation
Who is the CEO of Chattahoochee Tech Foundation Inc?
Rick Kollhoff is the Executive Director of Chattahoochee Tech Foundation Inc.
Official website here: www.chattahoocheetech.edu/foundation
What is the revenue of Chattahoochee Tech Foundation Inc?
Chattahoochee Tech Foundation Inc's revenue in 2022 was $620,429.
Official website here: www.chattahoocheetech.edu/foundation
Who are the executives of Chattahoochee Tech Foundation Inc and what are their salaries?
There is 1 employee and 17 volunteers at Chattahoochee Tech Foundation Inc.
Here are 17 key members and their salaries:
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- Other: $43,426
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Official website here: www.chattahoocheetech.edu/foundation
Where can I find the form 990 for Chattahoochee Tech Foundation Inc?
Chattahoochee Tech Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chattahoocheetech.edu/foundation
Learn more at the official website: www.chattahoocheetech.edu/foundation
Mission Statement of Chattahoochee Tech Foundation Inc
Chattahoochee Tech Foundation, Inc., is dedicated to actively promoting Chattahoochee Technical College and supporting its students, faculty, and staff. The organization's mission is to provide supplemental funding for the institute by fostering partnerships with individuals, businesses, and the community. This collaboration aims to cultivate a well-trained, highly skilled workforce that can support new and existing industries, meet constantly changing economic and technical needs, enhance the quality of life, add value to the entire community, and contribute to the economic development of North Central Georgia. In essence, Chattahoochee Tech Foundation, Inc., plays a crucial role in bridging the gap between education and employment, thereby contributing to the overall growth and prosperity of the region.
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Impact
July, 2024
Chattahoochee Tech Foundation Inc plays a crucial role in actively promoting Chattahoochee Technical College, supporting its students, faculty, and staff, and providing supplemental funding for the institute. By partnering with individuals, businesses, and the community, this organization helps in developing a well-trained, highly skilled workforce that can support new and existing industries, meet evolving economic and technical needs, enrich the quality of life, add value to the community, and enhance the economic development of North Central Georgia. Through its financial support, the foundation contributes significantly to the success and growth of Chattahoochee Technical College and its stakeholders.
This information is meant to be a general summary of Chattahoochee Tech 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: $19,409
- Gross Receipts: $664,228
Assets and Liabilities:
- Total Assets: $2,621,930
- Total Liabilities: $0
- Net Assets: $2,621,930
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Organization Details
Founding Year
1985
Phone
(770) 528-4461Principal Officer
Rick Kollhoff
Main Address
980 SOUTH COBB DRIVE BLDG A, MARIETTA, GA, 30060
NTEE Category
Code: B82 - Education
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