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Wood College Inc Co David Stotts Ms Conference Of Umc

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

EIN: 640303094 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is Wood College Inc Co David Stotts Ms Conference Of Umc?

Wood College Inc Co, led by David Stotts and associated with the Ms Conference of the United Methodist Church, is a nonprofit organization based in Jackson, Mississippi. Situated at 320-A Briarwood Drive, this organization's primary focus is to provide scholarship opportunities to students through a college scholarship foundation. In the past, they focused on collegiate education, but they are currently in the process of transitioning this mission to a college scholarship foundation. The organization's aim is to support higher education for individuals in need, fostering academic growth and opportunities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, Score: 73%)

Wood College Inc Co David Stotts Ms Conference Of Umc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and finance practices, it has significant areas that require improvement. The organization has a perfect score for its accountability and finance metrics, reflecting a well-independent board and no material diversion of assets.

However, the evaluation highlights notable deficiencies in governance practices, including the absence of essential policies such as conflict of interest, whistleblower, and document retention. Additionally, the nonprofit's website is missing crucial documents that are typically expected to be publicly accessible, like the tax form. These gaps in transparency and governance could be concerns for potential donors and volunteers considering their support for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Wood College Inc Co David Stotts Ms Conference Of Umc legitimate?

Wood College Inc Co David Stotts Ms Conference Of Umc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wood College Inc Co David Stotts Ms Conference Of Umc 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 Wood College Inc Co David Stotts Ms Conference Of Umc?

The Wood College Inc Co David Stotts Ms Conference of Umc is currently in the process of transforming its previous focus on collegiate education into a college scholarship foundation. Its mission, therefore, can be interpreted as aiming to offer college scholarships through this newly established foundation. This shift in focus aims to provide financial assistance to students pursuing higher education, thereby expanding access to educational opportunities.

Who is the CEO of Wood College Inc Co David Stotts Ms Conference Of Umc?

Connie Christian Marion is the President of Wood College Inc Co David Stotts Ms Conference Of Umc.

What is the revenue of Wood College Inc Co David Stotts Ms Conference Of Umc?

Wood College Inc Co David Stotts Ms Conference Of Umc's revenue in 2022 was $2,978.

Who are the executives of Wood College Inc Co David Stotts Ms Conference Of Umc and what are their salaries?

There 14 volunteers at Wood College Inc Co David Stotts Ms Conference Of Umc.


Here are 11 key members and their salaries:


Julia Ellis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Carl Grubbs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stotts Cpa (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev S Andrew Ray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Embra K Jackson (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Christian Marion (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev John C Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby G Sacus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop James Swanson Sr (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Bob Whiteside (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip K Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wood College Inc Co David Stotts Ms Conference Of Umc?

Wood College Inc Co David Stotts Ms Conference Of Umc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wood College Inc Co David Stotts Ms Conference Of Umc

Wood College Inc Co David Stotts Ms Conference Of Umc, in its mission, is transitioning from providing collegiate education to establishing a college scholarship foundation. The primary objective of this organization is now to offer financial aid in the form of scholarships to students pursuing higher education. This shift aims to provide educational opportunities to individuals who may not have the means to finance their college education, thereby fostering academic growth and success.

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Impact




August, 2024

The impact of Wood College Inc Co David Stotts Ms Conference Of Umc is focused on providing college scholarships through a college scholarship foundation. This initiative aims to support students in achieving their educational goals by assisting them financially. By transitioning from collegiate education to a scholarship foundation, the organization is able to directly contribute to the higher education pursuits of individuals in need. Its mission aligns with the goal of promoting education and creating opportunities for students to succeed academically.




This information is meant to be a general summary of Wood College Inc Co David Stotts Ms Conference Of Umc. 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
$2,978 (2022)
Expenses
$53,661 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,978
  • Gross Receipts: $2,978

Assets and Liabilities:

  • Total Assets: $685,434
  • Total Liabilities: $0
  • Net Assets: $685,434

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Programs

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

Program Service Fees

Organization Details

Founding Year

1979

Principal Officer

Connie Christian Marion

Main Address

320-A Briarwood Drive, Jackson, MS, 39205

NTEE Category

Code: B42Z - Education

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