Albany Tech Foundation Inc

Albany Tech Foundation Inc

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

EIN: 581772686 ✦ Albany, GA ✦ Designated as a 501(c)(3)

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Overview

What is Albany Tech Foundation Inc?

Albany Tech Foundation Inc, established in Albany, Georgia, serves as a nonprofit organization dedicated to fostering higher education. They primarily focus on managing and distributing funds, including cash, grants, and other properties, with the purpose of aiding students at Albany Technical College. This support is facilitated through endowments, thereby contributing to the educational growth and success of students in the region.


Official website here: www.albanytech.edu

Is Albany Tech Foundation Inc legitimate?

Albany Tech Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany 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.albanytech.edu

What is the mission statement of Albany Tech Foundation Inc?

Albany Tech Foundation Inc is dedicated to promoting higher education. They accomplish this by managing and distributing funds, including cash, grants, and property, with the primary objective of aiding students at Albany Technical College. This is achieved through endowments, which serve as a means of financial assistance for these students. In essence, the foundation's mission is to contribute to the advancement of education and support the learning journey of students at Albany Technical College.


Official website here: www.albanytech.edu

Who is the CEO of Albany Tech Foundation Inc?

Glenn Singfield is the President of Albany Tech Foundation Inc.


Official website here: www.albanytech.edu

What is the revenue of Albany Tech Foundation Inc?

Albany Tech Foundation Inc's revenue in 2022 was $298,338.


Official website here: www.albanytech.edu

Who are the executives of Albany Tech Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Willie Adams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Clark (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
C W Grant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lem Griffin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Magaddino (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Singfield (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfredia Hampton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.albanytech.edu

Where can I find the form 990 for Albany Tech Foundation Inc?

Albany Tech Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.albanytech.edu

Learn more at the official website: www.albanytech.edu

Mission Statement of Albany Tech Foundation Inc

Albany Tech Foundation Inc is dedicated to promoting higher education and aiding students at Albany Technical College. They accomplish this mission by administering cash, grants, and other funds and property as endowments. The primary objective of Albany Tech Foundation Inc is to provide financial assistance to students attending Albany Technical College, thereby contributing to their educational journey. The foundation's activities are geared towards supporting the educational aspirations of students, ultimately contributing to the development of a skilled workforce.

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Impact




October, 2024

Albany Tech Foundation Inc significantly impacts the educational landscape by promoting higher education and providing essential financial support to students at Albany Technical College. Through the administration of cash, grants, and various funds, the foundation plays a crucial role in facilitating access to resources that empower students to pursue their academic and professional goals.

By focusing on endowments, the foundation helps alleviate the financial burden on students, enabling them to concentrate on their studies and skill development. This support not only enhances individual opportunities but also contributes to the overall growth of the local workforce, as well-educated graduates are better equipped to meet the demands of the community.

Through its commitment to assisting students, Albany Tech Foundation Inc fosters a culture of learning, nurtures talent, and promotes economic development in Albany, GA, thereby making a lasting positive impact on both individuals and the broader community.




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

Revenue
$298,338 (2022)
Expenses
$131,908 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,163
  • Gross Receipts: $298,338

Assets and Liabilities:

  • Total Assets: $2,839,798
  • Total Liabilities: $0
  • Net Assets: $2,839,798

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Organization Details

Founding Year

1987

Principal Officer

Glenn Singfield

Main Address

1704 SOUTH SLAPPEY BLVD, ALBANY, GA, 31701

NTEE Category

Code: T20 - Philanthropy

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