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Grays Harbor College Foundation

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

EIN: 916052939 ✦ Aberdeen, WA ✦ Designated as a 501(c)(3)

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Overview

What is Grays Harbor College Foundation?

Grays Harbor College Foundation is a dedicated nonprofit organization that lends its support to Grays Harbor College. Their primary mission involves providing aid to the college and its students through various means, including tuition grants and staff excellence awards. Additionally, they offer assistance through programs such as facility awards and tuition awards. The Foundation's ultimate goal is to enhance the academic experience and opportunities for students at Grays Harbor College.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.

Grays Harbor College Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 94%. This rating is based on a comprehensive evaluation of the foundation's financial practices, which highlight its commitment to transparency and effective management of resources.

The foundation showcases an impressive governance structure, with 100% of its board members being independent. This independence, combined with robust financial oversight mechanisms, such as an audit and oversight committee, contributes to a high level of accountability. Additionally, the foundation has a low liabilities to assets ratio of just 0.01%, indicating strong financial health and minimal risk.

One notable strength is its program expense ratio of 83.66%, signifying that a large portion of funding is directed toward its programs rather than administrative costs. However, while financial metrics are strong, further qualitative insights from community impact or program effectiveness would provide a more holistic view of its performance. Overall, Grays Harbor College Foundation appears to be a well-managed organization dedicated to its mission.


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

Is Grays Harbor College Foundation legitimate?

Grays Harbor College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grays Harbor College Foundation 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: $85,172

For more financial information, click here

What is the mission statement of Grays Harbor College Foundation?

The Grays Harbor College Foundation's mission is to aid Grays Harbor College and its students. They accomplish this by providing various forms of assistance, such as tuition grants and staff excellence awards. The foundation also offers support through programs like Grays Harbor College facility awards and tuition awards, thereby contributing to the college's overall well-being. In essence, the Grays Harbor College Foundation's role is to provide assistance to the college and its students, thereby enhancing their educational experience.

Who is the CEO of Grays Harbor College Foundation?

Arlene Torgerson is the President of Grays Harbor College Foundation.

What is the revenue of Grays Harbor College Foundation?

Grays Harbor College Foundation's revenue in 2023 was $1,948,354.

Who are the executives of Grays Harbor College Foundation and what are their salaries?


Here are 18 key members and their salaries:


Arlene Torgerson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Green (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alissa Shay (Pass-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Morean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Hole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Chaffee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Portmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelli Hopsecger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Warren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kati Kachman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Karnas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julianne Hanner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen I Rupert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grays Harbor College Foundation?

Grays Harbor College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Grays Harbor College Foundation

The Grays Harbor College Foundation serves a critical role in providing assistance to Grays Harbor College and its students. With a mission to support the educational institution, this nonprofit organization offers tuition grants, staff excellence awards, and various forms of aid. By doing so, the Grays Harbor College Foundation contributes to the overall well-being and success of the college and its students, ensuring that they have the necessary resources to excel in their academic pursuits. This foundation's mission is instrumental in fostering an environment conducive to learning and personal growth, ultimately contributing to the betterment of the community as a whole.

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Impact




July, 2024

Grays Harbor College Foundation has a significant impact on Grays Harbor College and its students by providing tuition grants, staff excellence awards, and other forms of support. Through programs such as tuition awards and college facility grants, the foundation plays a crucial role in assisting the college and its students in achieving their academic goals. Its mission to provide assistance to Grays Harbor College and its students directly contributes to the educational success and growth of the community in Aberdeen, Washington.




This information is meant to be a general summary of Grays Harbor College Foundation. 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
$1,948,354 (2023)
Expenses
$1,547,363 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $579,996
  • Gross Receipts: $5,460,110

Assets and Liabilities:

  • Total Assets: $15,469,880
  • Total Liabilities: $2,658
  • Net Assets: $15,467,222

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Organization Details

Founding Year

1963

Principal Officer

Arlene Torgerson

Main Address

1620 EDWARD P SMITH DRIVE, ABERDEEN, WA, 98520

NTEE Category

Code: B42 - Education

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