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Rochester Community And Technical College Foundation

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

EIN: 411535213 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

Overview

What is Rochester Community And Technical College Foundation?

The Rochester Community and Technical College Foundation is a charitable organization based in Rochester, Minnesota. Its primary mission is to enhance lives through quality, affordable, and accessible higher education. They raise funds for various purposes, including scholarships, student basic needs, improving academic programs, enriching campus life with athletics and arts, and making strategic investments in students and the college. The foundation aims to grow a diverse pool of resources to provide affordable education for all students, adding value and excellence to the programs offered at RCTC, and helping the institution remain resilient against future economic and political challenges by filling funding gaps. In the 2023 fiscal year, they disbursed scholarships to approximately 300 students.


Official website here: www.rctc.edu/foundation

Is Rochester Community And Technical College Foundation legitimate?

Rochester Community And Technical College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Community And Technical College 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.

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.rctc.edu/foundation

What is the mission statement of Rochester Community And Technical College Foundation?

The Rochester Community and Technical College Foundation's mission is centered around improving lives through the provision of quality, affordable, and accessible higher education. They achieve this by raising funds to support scholarships, student basic needs, enhance academic quality, enrich campus life with athletics and arts, and make strategic investments in students and the college. The foundation aims to grow a diverse pool of resources sufficient to provide affordable education for all students, adding value and excellence to the programs offered at the college, and helping to insulate the institution from future economic and political forces by filling gaps in state funding. Through active, ongoing campaigns to promote philanthropy in the community, the foundation believes that no student should be denied the opportunity to attend RCTC due to an inability to pay tuition.


Official website here: www.rctc.edu/foundation

Who is the CEO of Rochester Community And Technical College Foundation?

Markus Lang is the Director (End 6/30/23) of Rochester Community And Technical College Foundation.


Official website here: www.rctc.edu/foundation

What is the revenue of Rochester Community And Technical College Foundation?

Rochester Community And Technical College Foundation's revenue in 2023 was $826,292.


Official website here: www.rctc.edu/foundation

Who are the executives of Rochester Community And Technical College Foundation and what are their salaries?

Here are 15 key members and their salaries:

    Matt Horace (Director (End 6/30/23))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Opal Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peggy Vevang (Director (End 4/30/23))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paulette Teigen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ally Hanten Ebert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Becker (Director (End 9/6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ahmitara Alwal (Director (End 6/30/23))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Brainard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Thu Park (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Sheehan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Donovan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Lair (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Joseph (Vice President (End 6/30/23)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Markus Lang (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rctc.edu/foundation

    Where can I find the form 990 for Rochester Community And Technical College Foundation?

    The Rochester Community And Technical College Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.rctc.edu/foundation

    Learn more at the official website: www.rctc.edu/foundation

    Mission Statement of Rochester Community And Technical College Foundation

    The Rochester Community and Technical College Foundation is committed to enhancing lives through the provision of quality, affordable, and accessible higher education. Their mission, in essence, is to create opportunities for students by raising funds to support various aspects of their educational journey. This includes scholarships, meeting basic needs, improving academic quality, enriching campus life, and making strategic investments in students and the college. By promoting philanthropy within the community and expanding their resource pool, they aim to ensure affordable education for all students, add value and excellence to the programs offered at Rochester Community and Technical College, and help the institution weather future economic and political challenges. The Foundation believes that no student should be denied access to education due to financial constraints.

    Impact

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




    Saturday, July 20, 2024

    Rochester Community And Technical College Foundation's impact is significant in improving lives through the support of quality, affordable, and accessible higher education. The foundation raises funds to support scholarships, address student basic needs, enhance academic quality, enrich campus life with athletics and arts, and make strategic investments in students and the college. By actively promoting philanthropy in the community, the foundation aims to create a diverse pool of resources that ensures affordable education for all students, enhances the programs offered at RCTC, and helps secure the institution against future economic and political challenges by filling gaps in state funding. The foundation's belief that no student should be turned away from RCTC due to financial constraints underscores its commitment to providing opportunities for all individuals to access higher education.





    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: $231,537
  • Program Service Revenue: $0
  • Gross Receipts: $839,496

    • Assets and Liabilities:
  • Total Assets: $8,023,336
  • Total Liabilities: $148,309
  • Net Assets: $7,875,027
  • Organization Details

    Founding Year

    1961

    Principal Officer

    Markus Lang

    Main Address

    851 30TH AVENUE SE, ROCHESTER, MN, 55904

    NTEE Category

    Code: B99Z - Education

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