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The College Of The Albemarle Foundation Inc

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

EIN: 581399254 ✦ Elizabeth city, NC ✦ Designated as a 501(c)(3)

Overview

What is The College Of The Albemarle Foundation Inc?

The College of the Albemarle Foundation Inc is a nonprofit organization situated in Elizabeth City, North Carolina. Its primary purpose is to bolster education within the community, primarily supporting the College of the Albemarle. Last year, the foundation reported an impressive revenue of $1,101,684. Their activities primarily focus on backing the initiatives of the College of the Albemarle, contributing to its growth and development in various ways.


Is The College Of The Albemarle Foundation Inc legitimate?

The College Of The Albemarle Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The College Of The Albemarle 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: $273,198

For more financial information, click here


What is the mission statement of The College Of The Albemarle Foundation Inc?
Who is the CEO of The College Of The Albemarle Foundation Inc?
What is the revenue of The College Of The Albemarle Foundation Inc?
Who are the executives of The College Of The Albemarle Foundation Inc and what are their salaries?
Where can I find the form 990 for The College Of The Albemarle Foundation Inc?

Mission Statement of The College Of The Albemarle Foundation Inc

The College of the Albemarle Foundation Inc is an organization dedicated to supporting the educational endeavors of The College of the Albemarle. Its mission is centered around providing financial assistance and single-organization support. With a significant annual revenue of $1,101,684, this foundation plays a crucial role in enhancing the educational opportunities available at the college. By offering its support, The College of the Albemarle Foundation Inc contributes to the overall success and development of the educational institution, thereby benefiting the wider community.

Impact

This information is meant to be a general summary of The College Of The Albemarle 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 impact of The College Of The Albemarle Foundation Inc is focused on supporting programs of the College of the Albemarle, with a mission to provide education and organizational support. In the past year, it generated $1,101,684 in total revenues. The Foundation, located in Elizabeth City, NC, plays a vital role in advancing education and enhancing opportunities for students in the community. Through its support, it contributes to the growth and development of individuals pursuing academic and career goals.





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: $420,457
  • Program Service Revenue: $0
  • Gross Receipts: $3,253,611

    • Assets and Liabilities:
  • Total Assets: $10,620,521
  • Total Liabilities: $8,072
  • Net Assets: $10,612,449
  • Organization Details

    Founding Year

    1980

    Principal Officer

    Will Norrell

    Main Address

    PO BOX 2327, ELIZABETH CITY, NC, 27906

    NTEE Category

    Code: B114 - Education

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