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Foundation For Reading Area Community College

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

EIN: 232273163 ✦ Reading, PA ✦ Designated as a 501(c)(3)

Overview

What is Foundation For Reading Area Community College?

The Foundation for Reading Area Community College is a nonprofit organization situated in Reading, Pennsylvania. Its primary mission is to support and enhance the educational facilities and programs of Reading Area Community College. To achieve this objective, the foundation raises, invests, and manages private funds. The ultimate goal is to make high-quality, affordable educational opportunities accessible to the wider community. The foundation plays a crucial role in safeguarding and advancing the college's educational mission.


Official website here: www.racc.edu/about/foundation.aspx

Is Foundation For Reading Area Community College legitimate?

Foundation For Reading Area Community College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Reading Area Community College 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.racc.edu/about/foundation.aspx

What is the mission statement of Foundation For Reading Area Community College?

The Foundation for Reading Area Community College's mission is centered around enhancing and improving the college's capacity to provide affordable, high-quality educational opportunities to the community. This is achieved by raising, investing, and managing private funds. Moreover, the foundation aims to maintain and develop the educational facilities and programs at Reading Area Community College.


Official website here: www.racc.edu/about/foundation.aspx

Who is the CEO of Foundation For Reading Area Community College?

Rebecca Iannelli is the Chair of Foundation For Reading Area Community College.


Official website here: www.racc.edu/about/foundation.aspx

What is the revenue of Foundation For Reading Area Community College?

Foundation For Reading Area Community College's revenue in 2023 was $1,876,136.


Official website here: www.racc.edu/about/foundation.aspx

Who are the executives of Foundation For Reading Area Community College and what are their salaries?

Here are 33 key members and their salaries:

    Anthony Demarco (Executive Director)
  • Compensation: $0
  • Related: $165,411
  • Other: $72,781

    • Gary M Moyer (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary M Palmer (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca A Iannelli (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan P Hottenstein (Assistant Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig M Perrotty (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William F Bender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric G Burkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul D Cohn (Director Through Sept)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter T Edelman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven A Ehrlich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Focht (Director As Of July)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Gage-Linderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexandra Goodman (Director As Of July)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Hackman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie B Hannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel B Laws Jr (Director As Of July)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan D Looney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerome I Marcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael J Noon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul G Oxholm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryanne Post Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary W Rightmire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Rowley (Director As Of Dec)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Rush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Whitney A Sanders Ii (Director Through Dec)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger J Schmidt (Director Through June)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Shemanski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon White (Director As Of July)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Wyandt (Director Through June)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gust Zogas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Fires (Student Rep As Of March) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael E Nagel (Vice President Emeritus (Non-Voting)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.racc.edu/about/foundation.aspx

    Where can I find the form 990 for Foundation For Reading Area Community College?

    The Foundation For Reading Area Community College’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.racc.edu/about/foundation.aspx

    Learn more at the official website: www.racc.edu/about/foundation.aspx

    Mission Statement of Foundation For Reading Area Community College

    The Foundation for Reading Area Community College, in its mission, aims to enhance and augment the college's ability to provide affordable, high-quality educational opportunities to the community. By raising, investing, and managing private funds, this nonprofit organization seeks to maintain and develop the educational facilities and programs of Reading Area Community College, thereby contributing to its overall growth and success.

    Impact

    This information is meant to be a general summary of Foundation For Reading Area Community College. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Foundation for Reading Area Community College plays a crucial role in augmenting and enhancing the college's ability to offer affordable, quality educational opportunities to the community. By raising, investing, and managing private funds for the benefit of the college, the Foundation helps maintain and develop the educational facilities and programs at Reading Area Community College. Through its efforts, the Foundation significantly impacts the accessibility and quality of education provided to the community in Reading, PA.





    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 2023.

  • Investment Income: $262,232
  • Program Service Revenue: $0
  • Gross Receipts: $1,961,595

    • Assets and Liabilities:
  • Total Assets: $25,439,059
  • Total Liabilities: $2,500
  • Net Assets: $25,436,559
  • Organization Details

    Founding Year

    1981

    Principal Officer

    Rebecca Iannelli

    Main Address

    PO BOX 1706, READING, PA, 196031706

    NTEE Category

    Code: B41I - Education

    If you are a representative of Foundation For Reading Area Community College and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.