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Broome Community College Foundation Inc

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

EIN: 237075704 ✦ Binghamton, NY ✦ Designated as a 501(c)(3)

Overview

What is Broome Community College Foundation Inc?

Broome Community College Foundation Inc, situated in Binghamton, New York, is a distinguished nonprofit organization within the State University of New York system and nationwide. Their primary mission involves raising and administering funds, while fostering relationships that aid needy students, recognize high-achieving students, support faculty and staff in providing an optimal learning environment, and encourage innovation and achievement on campus, particularly where government funds may be insufficient. They accomplish this through various means, including granting aid based on financial need and academic merit, allocating funds for college enhancement and faculty development, and managing special projects. With a team of seven dedicated individuals, the Foundation plays a significant role in enhancing the educational experience at Broome Community College.


Official website here: www.broomeccfoundation.org

Is Broome Community College Foundation Inc legitimate?

Broome Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broome Community College Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $186,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $384,999

For more financial information, click here


Official website here: www.broomeccfoundation.org

What is the mission statement of Broome Community College Foundation Inc?

The Broome Community College Foundation aims to be one of the most supportive community college foundations within the State University of New York system and the country. Its mission is to raise and manage funds and establish and maintain relationships that assist financially struggling students, recognize and honor high-achieving students, enhance the instructional environment for faculty and staff, and foster innovation and achievement on campus, particularly in areas where government funds are scarce or insufficient.


Official website here: www.broomeccfoundation.org

Who is the CEO of Broome Community College Foundation Inc?

Catherine R Williams is the President of Broome Community College Foundation Inc.


Official website here: www.broomeccfoundation.org

What is the revenue of Broome Community College Foundation Inc?

Broome Community College Foundation Inc's revenue in 2023 was $4,139,424.


Official website here: www.broomeccfoundation.org

Who are the executives of Broome Community College Foundation Inc and what are their salaries?

The average compensation at Broome Community College Foundation Inc during 2023 was $81,617. There are 7 employees and 33 volunteers at Broome Community College Foundation Inc.

Here are 34 key members and their salaries:

    Catherine R Williams (Executive Director)
  • Compensation: $146,961
  • Related: $0
  • Other: $38,477

    • Richard J Allman (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Nicole Huff (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peyton Hawkes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Irene C Graven (Assistant Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kay Boland (Assistant Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret A Turna (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew C Depalmo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lana Rouff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence C Anderson (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leo O'Connor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorianne Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Scanlan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Beth Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen D Wilson (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth H Kidder Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Garnar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert P Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcia Steinbrecher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shane M Mcguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aishia J Mortenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Paniccia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Roeske (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dawn Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arthur C Smith (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Linda H Biemer (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn R Small (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald E Kettle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Kevin E Drumm (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Mary John (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Richard M Romano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliot D Reitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.broomeccfoundation.org

    Where can I find the form 990 for Broome Community College Foundation Inc?

    The Broome Community College Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.broomeccfoundation.org

    Learn more at the official website: www.broomeccfoundation.org

    Mission Statement of Broome Community College Foundation Inc

    Broome Community College Foundation Inc strives to be one of the most supportive community college foundations within the State University of New York system and nationwide. Their mission is centered around raising and administering funds, and building and maintaining relationships. These relationships serve multiple purposes, including:

    1. Assisting needy students: The foundation works to provide financial aid to students who require financial assistance, ensuring that education remains accessible to all.

    2. Recognizing and honoring high-achieving students: Broome Community College Foundation Inc recognizes and celebrates the achievements of its outstanding students, providing them with the recognition they deserve.

    3. Supporting faculty and staff: By helping faculty and staff create the best possible learning environment, the foundation encourages a high standard of instruction and fosters a culture of innovation and achievement on campus.

    4. Encouraging innovation and achievement: The foundation aims to promote innovation and achievement on campus, especially in areas where government funds are either unavailable or insufficient.

    In essence, Broome Community College Foundation Inc is dedicated to supporting its institution by addressing the financial needs of students, recognizing academic excellence, and fostering a nurturing environment for faculty and staff, ultimately encouraging innovation and achievement.

    Impact

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




    Thursday, August 15, 2024

    Broome Community College Foundation Inc's impact is significant in providing support to students in need, honoring high-achieving students, enhancing the instructional environment for faculty and staff, and promoting innovation and achievement on campus. Through grants in aid based on financial need, merit aid for academic accomplishments, presidential discretionary allocations, college enhancement funding, faculty development recognition, and special projects, the foundation has allocated substantial resources to make education accessible and rewarding for the community college's stakeholders. This philanthropic commitment helps bridge the gap where government funds fall short, ultimately contributing to the advancement of education and student success at Broome Community College.





    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: $1,828,549
  • Program Service Revenue: $0
  • Gross Receipts: $6,400,103

    • Assets and Liabilities:
  • Total Assets: $46,434,447
  • Total Liabilities: $296,275
  • Net Assets: $46,138,172
  • Organization Details

    Founding Year

    1965

    Principal Officer

    Catherine R Williams

    Main Address

    PO BOX 1017, BINGHAMTON, NY, 139021017

    NTEE Category

    Code: T22Z - Philanthropy

    If you are a representative of Broome Community College Foundation Inc 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.