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Metropolitan Community College Facilities Corporation

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

EIN: 911838771 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Metropolitan Community College Facilities Corporation?

Metropolitan Community College Facilities Corporation is a nonprofit organization based in Omaha, Nebraska. Their primary mission is to acquire and lease suitable buildings, equipment, and facilities for Metropolitan Community College, ensuring that the college has the necessary resources to operate effectively. By providing these facilities, the corporation plays a crucial role in supporting the educational needs of the community. The corporation's address is PO Box 3777, Omaha, NE 68103.


Official website here: www.mccneb.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Metropolitan Community College Facilities Corporation has received a 76% rating from Charity Navigator, indicating a solid level of accountability and financial transparency. This score is based solely on the Accountability & Finance beacon, highlighting that the organization meets several key standards in these areas, such as having a fully independent board and no material diversion of assets.

The organization excels in specific metrics, reflecting its strong governance structure. It has perfect scores for board independence and asset management, contributing positively to its overall rating. However, it does have areas for improvement, particularly in the existence of critical policies like conflict of interest and whistleblower policies, which are currently missing.

While the organization demonstrates a commitment to transparency with its financial documents and meeting minutes publicly available, the absence of essential governance policies suggests a need for greater internal controls to enhance accountability further. Overall, while the foundation is solid, addressing these policy gaps could significantly strengthen the organization's governance profile.


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

Is Metropolitan Community College Facilities Corporation legitimate?

Metropolitan Community College Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Community College Facilities 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.mccneb.edu

What is the mission statement of Metropolitan Community College Facilities Corporation?

The Metropolitan Community College Facilities Corporation's mission is to procure necessary buildings, equipment, and facilities for Metropolitan Community College and subsequently lease these assets to the college. The primary objective is to ensure that the acquired facilities meet the specific needs and requirements of Metropolitan Community College. As evidenced by the Sarpy Center and Connector Building, this corporation plays a crucial role in providing suitable facilities for the educational institution.


Official website here: www.mccneb.edu

Who is the CEO of Metropolitan Community College Facilities Corporation?

Gary Johnson is the President of Metropolitan Community College Facilities Corporation.


Official website here: www.mccneb.edu

What is the revenue of Metropolitan Community College Facilities Corporation?

Metropolitan Community College Facilities Corporation's revenue in 2022 was $3,918,670.


Official website here: www.mccneb.edu

Who are the executives of Metropolitan Community College Facilities Corporation and what are their salaries?


Here are 3 key members and their salaries:


Gary Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara J Coffey (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David R Schinzel (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mccneb.edu

Where can I find the form 990 for Metropolitan Community College Facilities Corporation?

Metropolitan Community College Facilities Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mccneb.edu

Learn more at the official website: www.mccneb.edu

Mission Statement of Metropolitan Community College Facilities Corporation

Metropolitan Community College Facilities Corporation, as its name suggests, plays a crucial role in acquiring necessary buildings, equipment, and facilities for Metropolitan Community College. This nonprofit organization's mission is to procure assets that are specifically tailored to meet the needs of Metropolitan Community College and then lease these resources to the college itself. This strategic approach ensures that Metropolitan Community College has the necessary infrastructure to support its educational endeavors effectively. The Sarpy Center and Connector Building are two examples of facilities that Metropolitan Community College Facilities Corporation has provided for the college, underscoring its commitment to providing suitable resources for Metropolitan Community College's operations.

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Impact




July, 2024

Metropolitan Community College Facilities Corporation's impact lies in its role of acquiring buildings, equipment, and facilities specifically tailored for use by Metropolitan Community College. By providing facilities such as the Sarpy Center and Connector Building in Omaha, Nebraska, the corporation directly supports the college's mission and ensures that students have access to suitable resources for their education. This impact extends to the broader community as well, as the assets leased to Metropolitan Community College contribute to public benefit by enhancing educational opportunities in the region.




This information is meant to be a general summary of Metropolitan Community College Facilities 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.

Revenue
$3,918,670 (2022)
Expenses
$465,147 (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: $3,918,670
  • Gross Receipts: $3,918,670

Assets and Liabilities:

  • Total Assets: $6,900,000
  • Total Liabilities: $0
  • Net Assets: $6,900,000

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Programs

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

Lease Income

Revenue

$3,918,670

Organization Details

Founding Year

1997

Principal Officer

Gary Johnson

Main Address

PO Box 3777, Omaha, NE, 681030777

NTEE Category

Code: W20Z - Public benefit

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