Emcc Development Foundation

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

EIN: 640654912 ✦ Scooba, MS ✦ Designated as a 501(c)(3)

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Overview

What is Emcc Development Foundation?

The Emcc Development Foundation, located in Scooba, Mississippi, serves as a dedicated supporter of East Mississippi Community College and its students. The organization's primary mission is to provide financial assistance, contributing to various academic and athletic programs. This includes helping fund the Tuition Guarantee Program and offering scholarships, thereby enabling more students to pursue their education. Additionally, the foundation also supports the college's athletic programs, contributing to their overall success and development.


Official website here: www.eastms.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating.

The Emcc Development Foundation has received a solid score of 84%, reflecting a strong performance in accountability and finance. The organization boasts a fully independent board and has performed commendably in areas such as financial oversight and maintaining a low liabilities to assets ratio. A significant portion of its expenses, 72.11%, is directed towards programs, indicating a focus on its mission.

However, there are notable weaknesses in governance practices. The foundation is missing essential policies, including conflict of interest, whistleblower, and document retention and destruction policies, which could impact its transparency and accountability. Additionally, the absence of its tax form on the nonprofit's website may limit public access to important financial information.

Overall, while the Emcc Development Foundation demonstrates many strengths, particularly in financial metrics and board independence, it should address its governance deficiencies to enhance its overall effectiveness and trustworthiness in the nonprofit sector.


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

Is Emcc Development Foundation legitimate?

Emcc Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emcc Development 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.eastms.edu

What is the mission statement of Emcc Development Foundation?

The Emcc Development Foundation is committed to providing support for East Mississippi Community College and its students. This support encompasses various academic and athletic programs. The organization contributes to the Tuition Guarantee Program and funds scholarships, in addition to backing athletic initiatives. Essentially, the foundation's purpose is to bolster the educational journey of East Mississippi Community College students and contribute to their overall success.


Official website here: www.eastms.edu

Who is the CEO of Emcc Development Foundation?

Charlie Studdard is the President of Emcc Development Foundation.


Official website here: www.eastms.edu

What is the revenue of Emcc Development Foundation?

Emcc Development Foundation's revenue in 2022 was $748,426.


Official website here: www.eastms.edu

Who are the executives of Emcc Development Foundation and what are their salaries?


Here are 18 key members and their salaries:


Charlie Studdard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Busbee (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammie Holmes (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Cotton (Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Teresa Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mcphail (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Shelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Adkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Hand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Heard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewayne Hull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rontal Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruff Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Sparkman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Scott Alsobrooks (Emcc Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eastms.edu

Where can I find the form 990 for Emcc Development Foundation?

Emcc Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eastms.edu

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

Mission Statement of Emcc Development Foundation

Emcc Development Foundation, a dedicated organization, is committed to providing support to East Mississippi Community College and its students. Their mission is multifaceted, encompassing various academic and athletic programs. The foundation plays a crucial role in backing the college's tuition guarantee program and funds scholarships, ensuring financial assistance for deserving students. Furthermore, Emcc Development Foundation extends its support to athletic programs, contributing to the overall growth and development of the college community.

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Impact




July, 2024

The Emcc Development Foundation's impact is significant in supporting East Mississippi Community College and its students. The foundation plays a crucial role in funding academic and athletic programs, supporting the tuition guarantee program, providing scholarships, and bolstering athletic programs. Through its efforts, the foundation helps empower students to access quality education and athletic opportunities, thereby contributing to the growth and success of the college community.




This information is meant to be a general summary of Emcc Development 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.

Revenue
$748,426 (2022)
Expenses
$477,109 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$83,352
  • Gross Receipts: $748,426

Assets and Liabilities:

  • Total Assets: $3,031,237
  • Total Liabilities: $38,444
  • Net Assets: $2,992,793

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Organization Details

Founding Year

1979

Principal Officer

Charlie Studdard

Main Address

P O BOX 158, SCOOBA, MS, 39358

NTEE Category

Code: B82 - Education

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