Laurel Ridge Community College Educational Foundation Inc

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

EIN: 510247624 ✦ Middletown, VA ✦ Designated as a 501(c)(3)

Overview

What is Laurel Ridge Community College Educational Foundation Inc?

Laurel Ridge Community College Educational Foundation Inc is a nonprofit organization located at 173 Skirmisher Lane, Middletown, VA 22645. Their primary mission is to support Laurel Ridge Community College, its students, faculty, and staff by providing funding. They achieve this by awarding scholarships to students based on both need and merit, thereby reducing financial barriers to enrollment in the college's academic programs. This foundation aligns with Laurel Ridge Community College's overall mission to create a positive, inclusive learning environment that fosters student success, diversity, and community vitality.


Official website here: www.laurelridgefoundation.org

Is Laurel Ridge Community College Educational Foundation Inc legitimate?

Laurel Ridge Community College Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Ridge Community College Educational 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,772

For more financial information, click here


Official website here: www.laurelridgefoundation.org

What is the mission statement of Laurel Ridge Community College Educational Foundation Inc?

The Laurel Ridge Community College Educational Foundation's mission is centered around supporting its college, students, and faculty and staff. It aims to foster a positive, caring, and dynamic learning environment that encourages student success and values diversity. Furthermore, the foundation strives to promote community vitality by securing funding for these purposes. In essence, its role is to bolster the college and its community, thereby empowering its students and academic personnel.


Official website here: www.laurelridgefoundation.org

Who is the CEO of Laurel Ridge Community College Educational Foundation Inc?

Liv Heggoy is the Chair of Laurel Ridge Community College Educational Foundation Inc.


Official website here: www.laurelridgefoundation.org

What is the revenue of Laurel Ridge Community College Educational Foundation Inc?

Laurel Ridge Community College Educational Foundation Inc's revenue in 2022 was $4,273,625.


Official website here: www.laurelridgefoundation.org

Who are the executives of Laurel Ridge Community College Educational Foundation Inc and what are their salaries?

Here are 17 key members and their salaries:

    Debbie Donehey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Watkins (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Short (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Blosser (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Adam (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Barkman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Hodgson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Donehey (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Hall (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Irene Hardesty (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Mcwilliams (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandon Lorey (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kellie Post (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Rotz (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Rush (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Stallard (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liv Heggoy (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.laurelridgefoundation.org

    Where can I find the form 990 for Laurel Ridge Community College Educational Foundation Inc?

    The Laurel Ridge Community College Educational Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.laurelridgefoundation.org

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

    Mission Statement of Laurel Ridge Community College Educational Foundation Inc

    Laurel Ridge Community College Educational Foundation Inc is committed to supporting the mission of Laurel Ridge Community College. This mission is centered around providing a nurturing, progressive, and stimulating learning environment that encourages student success, appreciates diversity, and contributes to community well-being. To achieve this objective, the Educational Foundation aims to secure funding for the college, its students, and its faculty and staff. By doing so, it plays a crucial role in reinforcing the educational institution's ability to thrive and empower its community.

    Impact

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




    Saturday, July 20, 2024

    The Laurel Ridge Community College Educational Foundation Inc's impact is significant in providing financial support to students at Laurel Ridge Community College. By awarding scholarships based on both need and merit, the foundation helps reduce the financial barriers that may otherwise prevent students from enrolling in academic programs at LFCC. This support not only benefits individual students by making education more accessible but also contributes to the overall mission of the college to provide a positive, caring, and dynamic learning environment that inspires student success and promotes community vitality.





    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: $262,979
  • Program Service Revenue: $810,000
  • Gross Receipts: $5,415,754

    • Assets and Liabilities:
  • Total Assets: $35,003,255
  • Total Liabilities: $11,159,973
  • Net Assets: $23,843,282
  • Programs

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

    FACILITY LEASE

    Revenue

    $810,000

    Organization Details

    Founding Year

    1980

    Principal Officer

    Liv Heggoy

    Main Address

    173 SKIRMISHER LANE, MIDDLETOWN, VA, 22645

    NTEE Category

    Code: B84 - Education

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