Montana State University Bobcat Club

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

EIN: 810378594 ✦ Bozeman, MT ✦ Designated as a 501(c)(3)

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Overview

What is Montana State University Bobcat Club?

The Montana State University Bobcat Club is a nonprofit organization that wholeheartedly supports the university's athletics department by raising funds for the Athletic Scholarship Fund. They accomplish this goal through various events held across Montana, online events, and the sale of Bobcat Club license plates in collaboration with the state's Department of Motor Vehicles. The collected funds aim to aid student-athletes in their academic and athletic pursuits. The organization's mission is deeply rooted in the community, contributing positively to the university and the state as a whole.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% - Three-Star out of Four Star rating.

The Montana State University Bobcat Club has received an 82% score, reflecting a strong commitment to accountability and finance, which is crucial for donor confidence. This rating indicates that the organization has met high standards in ensuring financial integrity and responsible governance. The organization’s independent board comprises 100% independent members, which points to a strong commitment to transparency and effective oversight.

The Bobcat Club stands out for its financial metrics, showcasing a program expense ratio of 72.76%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. The organization also boasts a low liabilities to assets ratio of just 0.31%, suggesting sound financial health and management practices. Additionally, it has demonstrated proper oversight with regular board meeting documentation and an effective audit committee.

While the organization has earned a solid rating, ongoing evaluation of its program impacts and community engagement would provide a fuller picture of its effectiveness. Overall, the Bobcat Club appears to be well-managed, with robust financial practices and governance structures in place.


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

Is Montana State University Bobcat Club legitimate?

Montana State University Bobcat Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana State University Bobcat Club 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 Montana State University Bobcat Club?

The Montana State University Bobcat Club supports the university's athletics department by raising funds for the athletic scholarship fund. They accomplish this goal by organizing events across the state, hosting online events, and generating funds through the purchase and renewal of the Bobcat Club license plate with the state of Montana. The funds raised by the club are utilized to provide scholarships for student-athletes, thereby supporting the athletics department and nurturing the talents of aspiring athletes.

Who is the CEO of Montana State University Bobcat Club?

Leon Costello is the Athletic Dir. of Montana State University Bobcat Club.

What is the revenue of Montana State University Bobcat Club?

Montana State University Bobcat Club's revenue in 2022 was $623,626.

Who are the executives of Montana State University Bobcat Club and what are their salaries?

There 30 volunteers at Montana State University Bobcat Club.


Here are 19 key members and their salaries:


Leon Costello (Athletic Dir.)
  • Compensation: $0
  • Related: $233,642
  • Other: $0
Ron Aasheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Peretto (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Granger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Moe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Waters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shad Hupka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Mahugh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lalum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Vielleux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Morasko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Capp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Steinhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Hanzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Barz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Cappis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Montana State University Bobcat Club?

Montana State University Bobcat Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Montana State University Bobcat Club

Montana State University Bobcat Club is a dedicated organization with a mission to support the athletics department of Montana State University. They accomplish this by raising funds for the Athletic Scholarship Fund. These funds are sourced from various events held across the state of Montana, online events, and through the purchase and renewal of the Bobcat Club license plate with the State of Montana. By doing so, the club plays a significant role in providing financial aid to talented student-athletes, thereby enabling them to pursue their academic and athletic goals.

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Impact




July, 2024

The impact of Montana State University Bobcat Club is significant in supporting the Montana State University athletics department by providing funds for the athletic scholarship fund. These funds are raised through various events held throughout the state of Montana, online events, and through funds generated by the purchase and renewal of the Bobcat Club license plate with the state of Montana. The Bobcat Club plays a crucial role in helping student-athletes pursue their academic and athletic ambitions by ensuring they have the necessary financial support through scholarships.




This information is meant to be a general summary of Montana State University Bobcat Club. 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
$623,626 (2022)
Expenses
$644,084 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $126,330
  • Gross Receipts: $962,828

Assets and Liabilities:

  • Total Assets: $3,027,611
  • Total Liabilities: $28,612
  • Net Assets: $2,998,999

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Organization Details

Founding Year

1978

Principal Officer

Leon Costello

Main Address

PO BOX 173380, BOZEMAN, MT, 59717

NTEE Category

Code: B82 - Education

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