Overview
What is Bacone College Development Corporation?
Bacone College Development Corporation is a nonprofit entity based in Muskogee, Oklahoma, specifically at 2299 Old Bacone Road. Its primary role is to manage funds exclusively for charitable, scientific, and educational purposes, ultimately benefiting Bacone College. This corporation maintains a fund or funds, which can include monetary or property assets, with all income generated being utilized for the college's exempt purposes. In essence, the Bacone College Development Corporation serves as a financial conduit, supporting the institution's charitable, scientific, and educational initiatives.
Official website here: www.bacone.edu
What do the Facebook reviews say about Bacone College Development Corporation?
72% of 337 reviewers on Facebook recommend Bacone College Development Corporation. Here is a summary of their reviews:
Many alumni express positive nostalgia about their experiences at Bacone College, highlighting the great times they had during their studies. A notable sentiment among those who recommend the organization is the fondness for the educational journey and the connections made throughout their time at the institution. However, overall recommendations are mixed, indicating that while some have cherished their experiences, others may have varying opinions.
In summary, Bacone College Development Corporation has supporters who value their educational experiences, yet the recommendation rate suggests there may be areas where user satisfaction is not fully met.
This AI summary has been generated from reviews found on Facebook.
Is Bacone College Development Corporation legitimate?
Bacone College Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bacone College Development Corporation 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.bacone.edu
What is the mission statement of Bacone College Development Corporation?
The Bacone College Development Corporation exists with the primary purpose of managing and maintaining funds for charitable, scientific, and educational purposes. These funds are intended to be utilized exclusively for the advantage and benefit of Bacone College, serving its exempt objectives. The entity holds the title to property, and all income derived from this property is directed towards Bacone College for its charitable, scientific, and educational activities.
Official website here: www.bacone.edu
Who is the CEO of Bacone College Development Corporation?
Dr Nicky Michael is the President of Bacone College Development Corporation.
Official website here: www.bacone.edu
What is the revenue of Bacone College Development Corporation?
Bacone College Development Corporation's revenue in 2021 was $540.
Official website here: www.bacone.edu
Who are the executives of Bacone College Development Corporation and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.bacone.edu
Where can I find the form 990 for Bacone College Development Corporation?
Bacone College Development Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.bacone.edu
Learn more at the official website: www.bacone.edu
Mission Statement of Bacone College Development Corporation
Bacone College Development Corporation, as a nonprofit entity, is dedicated to the purpose of collecting and preserving funds primarily for charitable, scientific, and educational purposes. The organization's mission is to utilize these funds effectively, directing them towards the betterment of Bacone College. By doing so, it ensures that the principal sum of these funds is exclusively allocated for charitable, scientific, and educational purposes, ultimately benefiting Bacone College in its exempt pursuits. The Corporation holds the title to the property, with all income derived from it being channeled towards the college's charitable, scientific, and educational endeavors.
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Impact
October, 2024
Bacone College Development Corporation plays a significant role in supporting and enhancing Bacone College by managing funds and properties that directly benefit the institution's charitable, scientific, and educational initiatives. By securing and maintaining these resources, the organization ensures that Bacone College has the financial means necessary to foster its mission and advance its programs.
The entity's impact extends to the local community in Muskogee, Oklahoma, by contributing to the overall improvement of the area through the educational opportunities and resources it supports. The income generated from the properties held by the corporation is exclusively allocated to Bacone College, thereby promoting the development of educational programs, scholarships, and facilities that benefit students and the wider community. Ultimately, the Bacone College Development Corporation serves as a vital steward of resources that enhance the educational landscape and contribute positively to community development.
This information is meant to be a general summary of Bacone College Development Corporation. 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 2021.
- Investment Income: $540
- Gross Receipts: $540
Assets and Liabilities:
- Total Assets: $2,111,705
- Total Liabilities: $90,172
- Net Assets: $2,021,533
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Organization Details
Founding Year
1986
Phone
(918) 781-7216Principal Officer
Dr Nicky Michael
Main Address
2299 OLD BACONE ROAD, MUSKOGEE, OK, 744031597
Website
www.bacone.eduNTEE Category
Code: S11 - Community improvement
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