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Perry Technical Foundation

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

EIN: 943188041 ✦ Yakima, WA ✦ Designated as a 501(c)(3)

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Overview

What is Perry Technical Foundation?

Perry Technical Foundation is a nonprofit organization situated in Yakima, Washington, with a mission to secure the long-term stability and continuation of Perry Technical Institute. They accomplish this through fundraising activities. The foundation supports students attending the institute by offering a comprehensive scholarship program twice a year. Eligible students, who have completed one quarter, are assessed based on their grades, attendance, financial need, references, and a written essay. In the 2022-2023 fiscal year, the foundation distributed funds in the form of scholarships to 408 students.


Official website here: www.perrytech.edu

Is Perry Technical Foundation legitimate?

Perry Technical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perry Technical 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: $86,283
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,027

For more financial information, click here


Official website here: www.perrytech.edu

What is the mission statement of Perry Technical Foundation?

The Perry Technical Foundation's mission is centered around ensuring the long-term stability and existence of Perry Technical Institute. To accomplish this, the foundation raises funds as its primary objective. This financial support is extended to students attending Perry Technical Institute through a comprehensive scholarship program. Scholarships are awarded twice a year to deserving students based on their academic performance, attendance, financial need, references, and a submitted essay. During the 2022-2023 fiscal year, the foundation distributed funds to 408 students in the form of scholarships.


Official website here: www.perrytech.edu

Who is the CEO of Perry Technical Foundation?

Christine Cote is the President of Perry Technical Foundation.


Official website here: www.perrytech.edu

What is the revenue of Perry Technical Foundation?

Perry Technical Foundation's revenue in 2023 was $1,844,180.


Official website here: www.perrytech.edu

Who are the executives of Perry Technical Foundation and what are their salaries?

There 144 volunteers at Perry Technical Foundation.


Here are 16 key members and their salaries:


Christine Cote (President)
  • Compensation: $0
  • Related: $270,706
  • Other: $18,395
Cathy Sterbenz (Treasurer)
  • Compensation: $0
  • Related: $145,433
  • Other: $15,977
Tressa Shockley (Secretary)
  • Compensation: $0
  • Related: $79,367
  • Other: $16,477
Lowell Sak (Director (Until 10/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Altmayer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Carrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Douglas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Durand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gonzales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dyann Horton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Jundt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Koenig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Marquis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Valdez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celina Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Hopkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.perrytech.edu

Where can I find the form 990 for Perry Technical Foundation?

Perry Technical Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.perrytech.edu

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

Mission Statement of Perry Technical Foundation

Perry Technical Foundation, a nonprofit organization, is established with the primary mission of ensuring the long-term stability and continuance of Perry Technical Institute. To accomplish this, the foundation raises funds through various means. The purpose of this foundation is to provide financial assistance to students attending Perry Technical Institute, demonstrating its commitment to the institute's future.

In pursuit of its mission, Perry Technical Foundation offers a comprehensive scholarship program. This program is designed to support students who are progressing well in their studies at the institute. Twice a year, the foundation awards scholarships to students in good standing who have completed at least one quarter. The selection process is stringent, involving a committee of independent volunteers who review applications based on factors such as a student's essay, academic performance, attendance, financial need, and references. In the 2022-2023 fiscal year, the foundation distributed funds to 408 students in the form of scholarships, demonstrating its significant impact on the students' educational journey.

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Impact




October, 2024

The Perry Technical Foundation significantly impacts the educational journey of students at Perry Technical Institute by providing crucial financial support through scholarships. In the 2022-2023 fiscal year alone, the foundation distributed funds to 408 students, enabling them to further their technical education and develop essential skills for their future careers.

Scholarships are awarded twice a year and are designed to support students who have demonstrated commitment and excellence in their studies. A careful review process, conducted by independent volunteers, ensures that awards are based on a combination of academic performance, attendance, financial need, and personal essays. This thorough approach not only fosters a culture of merit but also uplifts students facing financial hardships, allowing them to focus on their education rather than financial burdens.

By promoting access to education and encouraging personal and professional growth, the Perry Technical Foundation plays a vital role in maintaining the long-term stability and success of Perry Technical Institute, ultimately benefiting the broader Yakima community and contributing to a skilled workforce in Washington State.




This information is meant to be a general summary of Perry Technical 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
$1,844,180 (2023)
Expenses
$1,743,895 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $426,360
  • Gross Receipts: $4,095,808

Assets and Liabilities:

  • Total Assets: $10,994,168
  • Total Liabilities: $589,042
  • Net Assets: $10,405,126

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Organization Details

Founding Year

1993

Principal Officer

Christine Cote

Main Address

2011 W WASHINGTON AVE, YAKIMA, WA, 98903

NTEE Category

Code: B29 - Education

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