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Seminole State College Educational Foundation Inc

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

EIN: 730781297 ✦ Seminole, OK ✦ Designated as a 501(c)(3)

Overview

What is Seminole State College Educational Foundation Inc?

Seminole State College Educational Foundation Inc is a nonprofit organization situated in Seminole, Oklahoma. Their primary mission involves supporting Seminole State College and its students through various means, including providing scholarships. Additionally, they are dedicated to fostering economic development in the surrounding areas, utilizing contract revenue from the Oklahoma Department of Commerce (ODOC). With a small workforce of one employee, they contribute to the college's well-being and promote community growth.


Official website here: www.sscok.edu/foundation/

Is Seminole State College Educational Foundation Inc legitimate?

Seminole State College Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seminole State 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: $65,000

For more financial information, click here


Official website here: www.sscok.edu/foundation/

What is the mission statement of Seminole State College Educational Foundation Inc?

The Seminole State College Educational Foundation's mission is centered around supporting Seminole State College, providing scholarships for its students, and fostering economic growth in the surrounding areas. Through its activities, it aims to enhance the college's resources and opportunities, and helps financially empower students. Additionally, the foundation contributes to the local economy by leveraging contract revenue from the Oklahoma Department of Commerce.


Official website here: www.sscok.edu/foundation/

Who is the CEO of Seminole State College Educational Foundation Inc?

Lance Wortham is the Trustee of Seminole State College Educational Foundation Inc.


Official website here: www.sscok.edu/foundation/

What is the revenue of Seminole State College Educational Foundation Inc?

Seminole State College Educational Foundation Inc's revenue in 2022 was $2,306,423.


Official website here: www.sscok.edu/foundation/

Who are the executives of Seminole State College Educational Foundation Inc and what are their salaries?

The average compensation at Seminole State College Educational Foundation Inc during 2022 was $65,000. There are 1 employees and 81 volunteers at Seminole State College Educational Foundation Inc.

Here are 32 key members and their salaries:

    Lana Reynolds (President)
  • Compensation: $0
  • Related: $206,559
  • Other: $11,245

    • Steve Bagwell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rocky Barrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Boren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Vickie Carter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooke Case (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Haley Coates (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Degraffenreid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darren Frederick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Gilbert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Hardin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Hargrave (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Humphreys (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Mathews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Mckee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gordon Melson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Billy Norton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeramy Rich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lance Ruffel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Schell (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roy Sisco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Senator Jason Smalley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Snodgrass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Swearingen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Tucker (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reggie Whitten (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lance Wortham (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Kathy Laster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Mcquiston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Nave (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


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

    Where can I find the form 990 for Seminole State College Educational Foundation Inc?

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


    Official website here: www.sscok.edu/foundation/

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

    Mission Statement of Seminole State College Educational Foundation Inc

    Seminole State College Educational Foundation, as a charitable organization, is committed to supporting Seminole State College, providing scholarships for its students, and fostering economic development in the surrounding areas. The foundation's mission is multifaceted, aiming to strengthen the educational institution and empower its students financially. Additionally, the foundation contributes to the local economy by leveraging contract revenue from the Oklahoma Department of Commerce (ODOC). This revenue is utilized to stimulate economic growth and development in the surrounding communities, thereby enhancing the overall well-being and prospects of the area.

    Impact

    This information is meant to be a general summary of Seminole State 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

    Seminole State College Educational Foundation Inc's impact is significant in fostering economic development in the surrounding areas of SEMINOLE, OK. The Foundation provides college support, student scholarships, and works to stimulate economic growth through a contract with the Oklahoma Department of Commerce (ODOC). By providing support to Seminole State College and offering scholarships to its students, the Foundation plays a crucial role in enhancing educational opportunities and promoting economic development within the community.





    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: $216,928
  • Program Service Revenue: $1,678,356
  • Gross Receipts: $3,262,509

    • Assets and Liabilities:
  • Total Assets: $14,462,251
  • Total Liabilities: $9,538,868
  • Net Assets: $4,923,383
  • Programs

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

    ODOC Contract Revenue

    Revenue

    $1,364,750

    Building Rental Income

    Revenue

    $284,346

    BCMSC Concessions

    Revenue

    $29,260

    Organization Details

    Founding Year

    1972

    Principal Officer

    Lance Wortham

    Main Address

    PO Box 351, Seminole, OK, 748180351

    NTEE Category

    Code: B41 - Education

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