Overview
What is Southwestern Oregon Community College Foundation?
The Southwestern Oregon Community College Foundation is a charitable organization based in Coos Bay, Oregon, with a mission to support the educational needs of the Southwestern Oregon Community College district. The foundation primarily achieves this by managing funds benefiting the college and its students, investing and administrating these resources effectively. The organization also undertakes special projects to foster innovation and investments in new programs and equipment, with a particular focus on the sciences, natural resources, health, and culinary programs. This nonprofit's purpose is to aid in enhancing people's lives socially, culturally, economically, and educationally through fundraising activities.
Official website here: www.socc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Southwestern Oregon Community College Foundation has received a commendable Four-Star rating from Charity Navigator, indicating exceptional accountability and financial management. With a score of 96%, the foundation demonstrates strong performance in key areas such as governance and financial oversight, which are critical for maintaining donor trust and ensuring effective use of funds.
The foundation has an independent board with 100% of its members meeting this criterion, showcasing a commitment to transparency and ethical governance practices. Additionally, it scored perfectly in various categories, including conflict of interest and whistleblower policies, reinforcing its dedication to accountability. A high program expense ratio of 87.70% indicates that the majority of its funds are allocated directly to its programs, which is a positive sign for potential donors.
While the organization shows robust financial health with a liabilities to assets ratio of only 1.27%, there are no specific limitations or concerns noted in the data provided. Overall, the Southwestern Oregon Community College Foundation exemplifies a well-managed nonprofit focused on fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Southwestern Oregon Community College Foundation legitimate?
Southwestern Oregon Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern Oregon Community 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: $34,304
For more financial information, click here
Official website here: www.socc.edu/foundation
What is the mission statement of Southwestern Oregon Community College Foundation?
The Southwestern Oregon Community College Foundation's mission is centered around supporting the educational needs of the Southwestern Oregon Community College District. Their primary purpose is to aid the college in enhancing individuals' lives in various aspects, including socially, culturally, economically, and educationally, through fundraising and community engagement. The foundation receives, invests, and administers funds for the college's benefit, ultimately benefiting its students. Additionally, the foundation undertakes special projects to support innovation and investment in new programs and equipment, specifically focusing on scientific, natural resource, health, and culinary programs, with the aim of improving instruction and student success.
Official website here: www.socc.edu/foundation
Who is the CEO of Southwestern Oregon Community College Foundation?
Elise Hamner is the Executive Director of Southwestern Oregon Community College Foundation.
Official website here: www.socc.edu/foundation
What is the revenue of Southwestern Oregon Community College Foundation?
Southwestern Oregon Community College Foundation's revenue in 2023 was $655,157.
Official website here: www.socc.edu/foundation
Who are the executives of Southwestern Oregon Community College Foundation and what are their salaries?
There 130 volunteers at Southwestern Oregon Community College Foundation.
Here are 14 key members and their salaries:
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- Other: $19,226
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Official website here: www.socc.edu/foundation
Where can I find the form 990 for Southwestern Oregon Community College Foundation?
Southwestern Oregon Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.socc.edu/foundation
Learn more at the official website: www.socc.edu/foundation
Mission Statement of Southwestern Oregon Community College Foundation
The Southwestern Oregon Community College Foundation's purpose is to aid in the educational needs of the Southwestern Oregon Community College District. This nonprofit organization is dedicated to supporting the college in enhancing people's lives socially, culturally, economically, and educationally through friend-raising and fundraising. The Southwestern Oregon Community College Foundation receives, invests, and administers funds for the benefit of the college and its students. They undertake special projects to promote innovation and investment in new programs and equipment to support instruction and student success, particularly in the sciences, natural resources, health, and culinary programs.
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Impact
July, 2024
The impact of the Southwestern Oregon Community College Foundation is significant in aiding the educational needs of the Southwestern Oregon Community College district. The foundation provides grants and academic program support, investing in new programs and equipment to enhance instruction and student success in areas such as sciences, natural resources, health, and culinary programs. By undertaking special projects and fundraising efforts, the foundation contributes to the improvement of people's lives socially, culturally, economically, and educationally within the community.
This information is meant to be a general summary of Southwestern Oregon Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $158,103
- Gross Receipts: $660,895
Assets and Liabilities:
- Total Assets: $5,978,415
- Total Liabilities: $76,510
- Net Assets: $5,901,905
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Organization Details
Founding Year
1962
Phone
(541) 888-7211Principal Officer
Elise Hamner
Main Address
1988 NEWMARK AVENUE, COOS BAY, OR, 97420
Website
www.socc.edu/foundationNTEE Category
Code: B11 - Education
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