Overview
What is Coalition For College Cost Savings?
The Coalition for College Cost Savings is a nonprofit organization established to catalyze collaborative purchasing efforts within independent, private higher education institutions. Its primary objective is to leverage the collective buying power of these colleges to lower operating costs, enhance internal process efficiency, and ultimately reduce the expense of delivering education. This coalition, with 35 member organizations in 33 states, serves nearly 1,000 private colleges and over 3 million students across the United States. The mission of the Coalition is to support higher education member organizations by creating collaborative opportunities to streamline processes, reduce costs, and increase efficiencies for their member colleges and universities.
Official website here: www.thecoalition.us
Is Coalition For College Cost Savings legitimate?
Coalition For College Cost Savings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coalition For College Cost Savings 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: $674,865
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,272
For more financial information, click here
Official website here: www.thecoalition.us
What is the mission statement of Coalition For College Cost Savings?
The Coalition for College Cost Savings aims to assist higher education member organizations by providing collaborative opportunities. This mission aims to transform processes, reduce costs, and enhance efficiencies for the affiliated colleges and universities. Conceived as a catalyst, the Coalition was initiated to spearhead a comprehensive and collaborative purchasing effort, exclusively focused on independent, private higher education institutions. Its primary objective is to leverage the collective buying power of these private colleges, aiming to lower operational costs and improve the efficiency of internal procedures, ultimately reducing the cost of education delivery.
Official website here: www.thecoalition.us
What is the revenue of Coalition For College Cost Savings?
Coalition For College Cost Savings's revenue in 2023 was $2,427,390.
Official website here: www.thecoalition.us
Who are the executives of Coalition For College Cost Savings and what are their salaries?
Here are 15 key members and their salaries:
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- Other: $24,000
Official website here: www.thecoalition.us
Where can I find the form 990 for Coalition For College Cost Savings?
Coalition For College Cost Savings's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thecoalition.us
Learn more at the official website: www.thecoalition.us
Mission Statement of Coalition For College Cost Savings
The Coalition for College Cost Savings is a mission-driven organization with a primary goal of supporting higher education member organizations. Its objective is to create collaborative opportunities that allow these organizations to transform processes, reduce costs, and enhance efficiencies for their affiliated colleges and universities. The Coalition was initially conceived as a catalyst for a comprehensive and collaborative purchasing effort, specifically targeting independent, private higher education institutions. By leveraging the collective buying power of these private colleges, the Coalition aims to lower operating costs and improve the efficiency of internal procedures. Ultimately, the Coalition's ultimate mission is to reduce the overall cost of delivering education, thereby contributing to the overall success and sustainability of the higher education sector.
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Impact
October, 2024
The Coalition for College Cost Savings significantly impacts independent, private higher education by creating collaborative purchasing opportunities that enhance efficiency and reduce operational costs. By uniting the buying power of private colleges and universities, it negotiates better pricing on essential products and services, making resources more accessible and affordable regardless of institutional size.
The Coalition acts as a vital resource, fostering innovative procurement practices that help member institutions streamline their internal processes and achieve cost-effectiveness that would otherwise be challenging for smaller entities. The collective strength of this coalition, which includes 35 member organizations serving nearly 1,000 private colleges and over 3 million students, enables these institutions to leverage competitive advantages typically reserved for larger corporations. Ultimately, this collaborative approach aims to lower the cost of education delivery, benefiting both institutions and the students they serve.
This information is meant to be a general summary of Coalition For College Cost Savings. 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 2023.
- Investment Income: $16,087
- Program Service Revenue: $2,394,253
- Gross Receipts: $2,427,390
Assets and Liabilities:
- Total Assets: $822,238
- Total Liabilities: $0
- Net Assets: $822,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REBATE REVENUE
Revenue
$2,394,253
Organization Details
Founding Year
2006
Principal Officer
Lyen C Crews
Website
www.thecoalition.usNTEE Category
Code: B02 - Education
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