Overview
What is The Claremont Colleges Inc?
The Claremont Colleges Inc, located at 101 S Mills Ave, Claremont, CA 91711, acts as a dedicated service provider for the members of The Claremont Colleges. With a team of 369 employees, they offer essential services such as food administration, facilities support, payroll and accounting, information technology, real estate, risk management, and employee benefits. Beyond these functions, The Claremont Colleges Inc also advances the institution, founds additional institutions, and fosters cooperation among members, aiming to enhance programs for the collective benefit.
Official website here: www.services.claremont
What are the reviews and ratings of this charity?
Charity Navigator rating: 88% (Three-Star out of Four Star rating)
The Claremont Colleges Inc has received a strong rating of 88%, reflecting solid accountability and financial practices. The organization excels in its program expense ratio, which stands at 86.80%, indicating that a significant portion of its resources is directed towards its mission-related activities. The absence of independent board members does raise some concerns about governance; however, the board size is adequate, and the organization demonstrates strong oversight capabilities.
The financial statements are well-managed, as evidenced by a perfect score in financial oversight categories, including audit and material diversion of assets. Policies regarding conflict of interest, whistleblowing, and document retention are in place, further reinforcing transparency and ethical governance. These strengths suggest that The Claremont Colleges Inc is committed to maintaining high standards of accountability.
Despite the commendable financial practices, the lack of independent board members is a noted limitation that could impact the organization's governance dynamics. Stakeholders may want to consider this aspect when evaluating the nonprofit's overall effectiveness and decision-making processes.
This AI summary has been generated from information found on Charity Navigator.
Is The Claremont Colleges Inc legitimate?
The Claremont Colleges Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Claremont Colleges Inc 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: $1,887,627
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,260,575
For more financial information, click here
Official website here: www.services.claremont
What is the mission statement of The Claremont Colleges Inc?
The Claremont Colleges Inc is dedicated to delivering exceptional shared services as a valued partner to the member institutions. Its mission encompasses providing essential services such as food services administration, physical plant and facilities support, payroll and accounting, information technology, real estate, risk management, and employee benefits. Beyond these functions, the organization strives to advance the Claremont Colleges, establish new institutions, and foster collaboration among members to boost academic programs.
Official website here: www.services.claremont
Who is the CEO of The Claremont Colleges Inc?
Stig Lanesskogg is the CEO of The Claremont Colleges Inc The CEO's salary of The Claremont Colleges Inc is $484,782 and their total compensation is $556,204.
Official website here: www.services.claremont
What is the revenue of The Claremont Colleges Inc?
The Claremont Colleges Inc's revenue in 2024 was $60,429,458.
Official website here: www.services.claremont
Who are the executives of The Claremont Colleges Inc and what are their salaries?
The average compensation at The Claremont Colleges Inc during 2024 was $55,770. There are 433 employees and 10 volunteers at The Claremont Colleges Inc.
Here are 30 key members and their salaries (The Claremont Colleges Inc's CEO's salary is $484,782 and their total compensation is $556,204):
- Compensation: $0
- Related: $1,628,616
- Other: $193,381
- Compensation: $0
- Related: $826,733
- Other: $128,300
- Compensation: $0
- Related: $787,359
- Other: $86,595
- Compensation: $0
- Related: $673,512
- Other: $56,403
- Compensation: $0
- Related: $591,980
- Other: $43,399
- Compensation: $484,782
- Related: $0
- Other: $71,422
- Compensation: $0
- Related: $362,345
- Other: $96,342
- Compensation: $320,345
- Related: $0
- Other: $87,458
- Compensation: $0
- Related: $283,571
- Other: $88,447
- Compensation: $286,109
- Related: $0
- Other: $30,085
- Compensation: $261,367
- Related: $0
- Other: $50,584
- Compensation: $256,684
- Related: $0
- Other: $54,954
- Compensation: $264,460
- Related: $0
- Other: $26,878
- Compensation: $221,743
- Related: $0
- Other: $37,619
- Compensation: $189,001
- Related: $0
- Other: $46,238
- Compensation: $189,179
- Related: $0
- Other: $24,830
- Compensation: $146,996
- Related: $0
- Other: $59,839
- Compensation: $166,398
- Related: $0
- Other: $15,868
- Compensation: $164,827
- Related: $0
- Other: $16,846
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.services.claremont
Where can I find the form 990 for The Claremont Colleges Inc?
The Claremont Colleges Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.services.claremont
Learn more at the official website: www.services.claremont
Mission Statement of The Claremont Colleges Inc
The Claremont Colleges Inc, a renowned institution, is dedicated to delivering top-notch shared services to the esteemed members of The Claremont Colleges. Embodying the preferred partner role, this organization's mission centers around enhancing the collective experience of the Claremont Colleges' community.
To fulfill this commitment, The Claremont Colleges Inc offers a range of essential services. They oversee food services administration, ensuring the campuses are well-nourished. In the realm of physical infrastructure, they provide unwavering support to the facilities, ensuring a safe and well-maintained environment. Furthermore, they manage payroll and accounting, keeping the financial operations of The Claremont Colleges running smoothly. Information technology, real estate, risk management, and employee benefits are also within their expertise, enabling the Colleges to thrive in various aspects.
Beyond these core functions, The Claremont Colleges Inc advances the Colleges' vision, founding new institutions, and promoting cooperation among its members. This cooperative spirit enhances programs, ensuring a collaborative and enriching educational experience for all involved.
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Impact
October, 2024
The Claremont Colleges Inc significantly enhances the educational experience at The Claremont Colleges through its exceptional support services. By managing food services, physical plant operations, payroll, accounting, information technology, real estate, risk management, and employee benefits, it ensures that each member institution can focus on its core academic mission without the distractions of operational challenges.
This centralized approach fosters cooperation among the colleges, creating a collaborative environment that enriches programs, promotes innovation, and allows for the sharing of resources. Additionally, The Claremont Colleges Inc plays a proactive role in advancing the collective interests of its members and in the establishment of new institutions, contributing to the overall growth and dynamism of the Claremont educational community.
By streamlining operations and enhancing the quality of support services, it not only supports the colleges but also strengthens their reputation as a premier consortium of higher education institutions. This integrated network promotes a higher standard of educational excellence and accessibility, benefiting students, faculty, and staff alike and making a lasting impact on the broader community in Claremont, California.
This information is meant to be a general summary of The Claremont Colleges Inc. 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 2024.
- Investment Income: $2,411,982
- Program Service Revenue: $54,291,075
- Gross Receipts: $119,485,824
Assets and Liabilities:
- Total Assets: $158,040,859
- Total Liabilities: $29,123,299
- Net Assets: $128,917,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Support Services
Revenue
$54,178,036
Program Rental
Revenue
$113,039
Organization Details
Founding Year
2000
Principal Officer
Stig Lanesskog
Website
www.services.claremontNTEE Category
Code: B11 - Education
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