Colorado Mountain College Foundation Inc

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

EIN: 742393418 ✦ Glenwood springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Colorado Mountain College Foundation Inc?

Colorado Mountain College Foundation Inc is a nonprofit organization situated in Glenwood Springs, Colorado. Its primary focus is on raising funds through generous donations from individuals, alumni, foundations, and community partners. The foundation prioritizes scholarships, providing financial aid to nearly 800 students annually, enabling them to pursue their academic and career goals. In Fiscal Year 2023, the foundation distributed over 1.3 million dollars in scholarships, and with the addition of six new endowments, the total endowed scholarship support now amounts to 16.8 million dollars. The scholarships are established to honor past students, faculty, staff, and friends of Colorado Mountain College. The selection process for recipients is managed by the foundation and community volunteers. The mission of the Colorado Mountain College Foundation is to provide educational enrichment and financial aid to students, thereby building sustainable community support for the college and its students. The organization has a workforce of 15 individuals dedicated to this cause.


Official website here: www.cmcfoundation.org

Is Colorado Mountain College Foundation Inc legitimate?

Colorado Mountain College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Mountain College 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.

Here are some key statistics you may want to consider:

Executive Compensation: $265,490
Professional Fundraising Fees: $0
Other Salaries and Wages: $582,583

For more financial information, click here


Official website here: www.cmcfoundation.org

What is the mission statement of Colorado Mountain College Foundation Inc?

The Colorado Mountain College Foundation's mission is to build a sustainable community support system for the needs and strategic priorities of Colorado Mountain College and its students. This is achieved by providing educational enrichment and financial aid through scholarships. In fiscal year 2023, nearly 800 students collectively received over 1.3 million dollars in foundation scholarship support. The foundation's scholarships are funded through generous gifts from individuals, including 50% of the college's faculty and staff, alumni, foundations, and business and community partners. The scholarships are established to honor former students, faculty, and staff members, and friends of the college. They are administered by the foundation and community volunteers who assist with the selection process of recipients. The scholarships support a range of opportunities within the college across its 11 campuses.


Official website here: www.cmcfoundation.org

Who is the CEO of Colorado Mountain College Foundation Inc?

Kristin Heath Colon is the Ceo Vp Advan of Colorado Mountain College Foundation Inc. The CEO's salary of Colorado Mountain College Foundation Inc is $196,158 and their total compensation is $257,961.


Official website here: www.cmcfoundation.org

What is the revenue of Colorado Mountain College Foundation Inc?

Colorado Mountain College Foundation Inc's revenue in 2023 was $7,283,939.


Official website here: www.cmcfoundation.org

Who are the executives of Colorado Mountain College Foundation Inc and what are their salaries?

The average compensation at Colorado Mountain College Foundation Inc during 2023 was $56,538. There are 15 employees and 20 volunteers at Colorado Mountain College Foundation Inc.

Here are 21 key members and their salaries (Colorado Mountain College Foundation Inc's CEO's salary is $196,158 and their total compensation is $257,961):

    Kristin Heath Colon (Ceo Vp Advan)
  • Compensation: $196,158
  • Related: $0
  • Other: $61,803

    • Esgar Acosta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillips Armstrong Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norm Bacheldor (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Barger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sally Brands (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Cornish (Dir-8/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luella Chavez D'Angelo (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colleen Delia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Diamond (Dir-5/2023) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ursula Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Hennefeld (Dir-5/2023) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Kelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joav Kohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Levine (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ferdinand Liotta (Dir-6/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Merilee Maupin (Dir-6/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Moffett (Dir-6/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trish Shapiro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Vaine (Dir-8/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Yeakel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cmcfoundation.org

    Where can I find the form 990 for Colorado Mountain College Foundation Inc?

    The Colorado Mountain College Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cmcfoundation.org

    Learn more at the official website: www.cmcfoundation.org

    Mission Statement of Colorado Mountain College Foundation Inc

    The Colorado Mountain College Foundation Inc's mission is centered around providing educational enrichment and financial aid for students attending Colorado Mountain College. This nonprofit organization works to build sustainable community support for the needs and strategic priorities of Colorado Mountain College and its students. The foundation achieves this by granting scholarships to individuals, enabling them to pursue their college and career goals. In fiscal year 2023, over 800 students collectively received over 1.3 million dollars in foundation scholarship support. The Colorado Mountain College Foundation's scholarship program is funded through generous gifts from various sources, including 50% of the college's faculty and staff, alumni, foundations, and business and community partners. Scholarships have been established to honor former students, faculty, and staff members, as well as friends of Colorado Mountain College. The selection process for scholarship recipients is overseen by the foundation and community volunteers. The mission of the Colorado Mountain College Foundation Inc is instrumental in providing opportunities for students across the college's 11 campuses, helping them achieve their academic goals and set the foundation for successful careers.

    Impact

    This information is meant to be a general summary of Colorado Mountain College Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Colorado Mountain College Foundation Inc's impact is significant in providing educational enrichment and financial aid for Colorado Mountain College students. In fiscal year 2023, nearly 800 students collectively received over $1.3 million in foundation scholarship support. The foundation has established 70 endowed scholarships totaling $16.8 million, enabling students to pursue their college and career goals with the assistance of scholarship support. These scholarships, funded through generous gifts from individuals, faculty, alumni, foundations, and business partners, have a life-changing impact on recipients and help support a range of opportunities within Colorado Mountain College across its 11 campuses. The foundation, through its dedicated efforts, builds sustainable community support for the needs and strategic priorities of the college and its students.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $355,654
  • Program Service Revenue: $0
  • Gross Receipts: $7,588,310

    • Assets and Liabilities:
  • Total Assets: $29,052,969
  • Total Liabilities: $1,309,001
  • Net Assets: $27,743,968
  • Organization Details

    Founding Year

    1985

    Principal Officer

    Kristin Heath Colon

    Main Address

    802 GRAND AVENUE, GLENWOOD SPRINGS, CO, 81601

    If you are a representative of Colorado Mountain College Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.