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Five Colleges Incorporated

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

EIN: 046134696 ✦ Amherst, MA ✦ Designated as a 501(c)(3)

Overview

What is Five Colleges Incorporated?

Five Colleges Incorporated is a nonprofit organization situated in Amherst, Massachusetts. Its primary mission is to foster collaborative programs among five esteemed educational institutions: Amherst, Hampshire, Mount Holyoke, and Smith Colleges, as well as the University of Massachusetts Amherst. This collaboration enriches the educational experience for approximately 30,000 students and faculty members by offering joint academic and administrative programs. Through such partnerships, Five Colleges Incorporated encourages intellectual communities and diverse curricular and co-curricular offerings. This cooperative approach provides students with a well-rounded education, complementing each institution's distinctive qualities while promoting broader educational and cultural objectives. The organization is staffed by 99 individuals, actively working towards the success of these collaborative initiatives.


Official website here: www.fivecolleges.edu

Is Five Colleges Incorporated legitimate?

Five Colleges Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Colleges Incorporated 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.

Here are some key statistics you may want to consider:

Executive Compensation: $496,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,125,116

For more financial information, click here


Official website here: www.fivecolleges.edu

What is the mission statement of Five Colleges Incorporated?

Five Colleges Incorporated aims to foster educational and cultural collaboration among Amherst College, Hampshire College, Mount Holyoke College, Smith College, and the University of Massachusetts Amherst. This educational consortium encourages joint education and administrative opportunities to enrich the learning experiences of the institutions' 30,000 students and faculty. By facilitating intellectual communities and offering cooperative programs such as student interchange, library depository agreements, joint curricular programs, and administrative collaborations, Five Colleges Incorporated aims to promote the broad educational objectives of its affiliated institutions.


Official website here: www.fivecolleges.edu

Who is the CEO of Five Colleges Incorporated?

Yvette Morneau is the President of Five Colleges Incorporated.


Official website here: www.fivecolleges.edu

What is the revenue of Five Colleges Incorporated?

Five Colleges Incorporated's revenue in 2022 was $10,361,692.


Official website here: www.fivecolleges.edu

Who are the executives of Five Colleges Incorporated and what are their salaries?

The average compensation at Five Colleges Incorporated during 2022 was $26,481. There are 99 employees and 25 volunteers at Five Colleges Incorporated.

Here are 11 key members and their salaries:

    Sarah Pfatteicher (Executive Director/Clerk)
  • Compensation: $262,571
  • Related: $0
  • Other: $40,618

    • Ruth Rauluk (Director Of Risk Managment)
  • Compensation: $121,881
  • Related: $0
  • Other: $28,074

    • Yvette Morneau (Treasurer)
  • Compensation: $127,953
  • Related: $0
  • Other: $13,409

    • Maria Toyofuku (Dir. Of It And Enterprise Initiatives)
  • Compensation: $107,908
  • Related: $0
  • Other: $19,462

    • Raymond Rennard (Director Of Academic Programs)
  • Compensation: $104,513
  • Related: $0
  • Other: $11,933

    • Lashonda Pettiford (Assistant Treasurer)
  • Compensation: $98,825
  • Related: $0
  • Other: $12,246

    • Kathleen Mccartney (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonya Stephens (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Martin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Wingebach (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kumble Subbaswamy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fivecolleges.edu

    Where can I find the form 990 for Five Colleges Incorporated?

    The Five Colleges Incorporated’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fivecolleges.edu

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

    Mission Statement of Five Colleges Incorporated

    Five Colleges Incorporated, an educational consortium, is dedicated to enhancing and sustaining the excellence of its member institutions: Amherst, Hampshire, Mount Holyoke, and Smith Colleges, as well as the University of Massachusetts Amherst. The organization's primary mission is to encourage collaboration among these institutions, thereby promoting opportunities for joint education and administration. By fostering intellectual communities and offering broad curricular and co-curricular opportunities, Five Colleges Incorporated aims to complement the distinctive qualities of each institution, thereby enriching the overall educational experience for their combined 30,000 students and faculty. In essence, the consortium seeks to promote the broader educational and cultural objectives of its affiliated institutions by leveraging cooperation and shared resources.

    Impact

    This information is meant to be a general summary of Five Colleges Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Five Colleges Incorporated has a significant impact on the educational landscape by fostering intellectual communities and broad curricular offerings for its member institutions. Through academic and administrative collaboration, it provides cooperative programs such as student interchange, library depository agreements, joint curricular programs, and joint administrative programs. This collaboration benefits over 30,000 students and faculty across Amherst, Hampshire, Mount Holyoke, Smith Colleges, and the University of Massachusetts Amherst, enhancing learning, research, performance, and social opportunities that complement the unique strengths of each institution.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $471,085
  • Program Service Revenue: $7,706,312
  • Gross Receipts: $10,361,692

    • Assets and Liabilities:
  • Total Assets: $34,378,872
  • Total Liabilities: $8,582,091
  • Net Assets: $25,796,781
  • Programs

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

    ASSESSMENTS TO ASSOCIATED INSTITU

    Revenue

    $7,284,582

    OTHER REVENUE

    Revenue

    $421,730

    Organization Details

    Founding Year

    1965

    Principal Officer

    Yvette Morneau

    Main Address

    97 SPRING STREET, AMHERST, MA, 01002

    NTEE Category

    Code: B120 - Education

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