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Ctu Foundation Inc

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

EIN: 821932020 ✦ Laurel, MD ✦ Designated as a 501(c)(3)

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Overview

What is Ctu Foundation Inc?

Ctu Foundation Inc serves as a supportive organization for Capitol Technology University, offering its resources and aid to enhance the institution's operations. By nurturing the university's growth, Ctu Foundation Inc plays a crucial role in promoting technological education and innovation. Although the specific activities or initiatives undertaken by the foundation are not explicitly stated in the provided data, it is clear that their primary mission revolves around supporting Capitol Technology University.

Is Ctu Foundation Inc legitimate?

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


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,898

For more financial information, click here

What is the mission statement of Ctu Foundation Inc?

The Ctu Foundation Inc, serving as a supporting organization for Capitol Technology University, is dedicated to upholding the institution's mission. This involves providing ongoing support to Capitol Technology University to ensure its continued success and growth. The foundation's role is primarily to bolster the university's operations and foster its development, thereby contributing to the advancement of higher education and technological innovation.

Who is the CEO of Ctu Foundation Inc?

Melinda Bunnell-Rhyne is the President of Ctu Foundation Inc.

What is the revenue of Ctu Foundation Inc?

Ctu Foundation Inc's revenue in 2022 was $1,478,910.

Who are the executives of Ctu Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Melinda A Bunnell-Rhyne (President)
  • Compensation: $0
  • Related: $120,653
  • Other: $0
Kim Wittler (Vice President)
  • Compensation: $0
  • Related: $99,991
  • Other: $4,730
Kathleen Warner (Secretary/Treasurer)
  • Compensation: $0
  • Related: $132,811
  • Other: $8,074
Dwight Yoder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Kelly Brown Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bg Gen Ret Earl Simms (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ctu Foundation Inc?

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

Mission Statement of Ctu Foundation Inc

Ctu Foundation Inc, in its role as a supporting organization, is committed to bolstering Capitol Technology University. Their mission is centered around providing unwavering support to this institution, ensuring its continued success and growth. The foundation's actions are geared towards upholding the values and objectives of Capitol Technology University, thereby contributing to its overall development.

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Impact




October, 2024

Ctu Foundation Inc significantly impacts the educational landscape by providing essential support to Capitol Technology University. By bolstering the academic and operational frameworks of the university, the foundation enhances the educational experiences of students, empowering them with the necessary resources and opportunities to excel in technology-focused fields. This support contributes to cultivating a skilled workforce, driving innovation, and fostering growth within the community and beyond. The foundation's commitment to education plays a vital role in ensuring that students can access quality programs and resources that are crucial for their personal and professional development. Through its initiatives, Ctu Foundation Inc helps shape the future of technology education, ultimately impacting society by preparing the next generation of leaders and innovators.




This information is meant to be a general summary of Ctu Foundation Inc. 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
$1,478,910 (2022)
Expenses
$1,594,479 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,063,171
  • Gross Receipts: $1,478,910

Assets and Liabilities:

  • Total Assets: $3,941,136
  • Total Liabilities: $4,045,248
  • Net Assets: -$104,112

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Programs

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

Housing Fees

Revenue

$1,060,587

Auxiliary income

Revenue

$2,584

Organization Details

Founding Year

2017

Principal Officer

Melinda Bunnell-Rhyne

Main Address

11301 Springfield Lane, Laurel, MD, 20708

NTEE Category

Code: B11 - Education

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