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North Seattle Community College Foundation

American Financial Solutions

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

EIN: 911163554 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is North Seattle Community College Foundation?

The North Seattle Community College Foundation is a nonprofit organization based in Seattle, Washington, with a focus on promoting and supporting educational initiatives at North Seattle College. Their primary mission is to offer financial assistance through scholarships, faculty grants, and academic programs. They also house American Financial Solutions (AFS), a division dedicated to financial education and counseling, helping individuals gain control of their personal finances through education and tailored solutions. AFS provides credit counseling, financial education, and debt management services, offering one-on-one counseling sessions, home foreclosure counseling, home buyer counseling, and bankruptcy counseling. They are approved to issue certificates of credit counseling in various states and provide post-bankruptcy credit education. AFS also offers student loan counseling and resources for businesses and organizations. The organization's net revenues are available at the board's discretion to fund the foundation's financial and programmatic support of the college.


Official website here: www.myfinancialgoals.org

Is North Seattle Community College Foundation legitimate?

North Seattle Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Seattle Community 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: $404,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,073,140

For more financial information, click here


Official website here: www.myfinancialgoals.org

What is the mission statement of North Seattle Community College Foundation?

The North Seattle Community College Foundation promotes, supports, maintains, develops, and extends educational offerings at North Seattle College. Its primary objective is to empower individuals to enhance their lives through financial education and counseling. A portion of the organization's earnings is allocated to a fund providing scholarships, faculty grants, and academic programs for the college. The foundation operates for religious, charitable, scientific, literary, or educational purposes and provides a consumer credit counseling program to assist financially distressed individuals in gaining control of their personal financial situations. The foundation's activities also include offering credit counseling, financial education, and debt management services, as well as home foreclosure and home buyer counseling.


Official website here: www.myfinancialgoals.org

Who is the CEO of North Seattle Community College Foundation?

Cindy R Seremek is the Chairman of North Seattle Community College Foundation.


Official website here: www.myfinancialgoals.org

What is the revenue of North Seattle Community College Foundation?

North Seattle Community College Foundation's revenue in 2022 was $7,124,485.


Official website here: www.myfinancialgoals.org

Who are the executives of North Seattle Community College Foundation and what are their salaries?

The average compensation at North Seattle Community College Foundation during 2022 was $47,642. There are 52 employees and 2 volunteers at North Seattle Community College Foundation.

Here are 11 key members and their salaries:

    Cindy Seremek (President)
  • Compensation: $229,584
  • Related: $0
  • Other: $14,285

    • Kim Nguyen (Treasurer (Thru 8/2021))
  • Compensation: $89,154
  • Related: $0
  • Other: $6,355

    • Helicia Thompson (Treasurer)
  • Compensation: $47,091
  • Related: $0
  • Other: $1,735

    • Jerome Gronfein (Chairman) [Trustee/Director]
  • Compensation: $1,800
  • Related: $0
  • Other: $0

    • Joseph Jahn (Vice-Chairman & Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $0

    • Mary Ellen O'Keeffe (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $0

    • V Lee Okarma Rees (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $0

    • Williams Jarvis (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $0

    • Andrew Bembry (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Carolyn Barton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chemene Crawford (Ex-Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.myfinancialgoals.org

    Where can I find the form 990 for North Seattle Community College Foundation?

    The North Seattle Community College Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.myfinancialgoals.org

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

    Mission Statement of North Seattle Community College Foundation

    North Seattle Community College Foundation, a charitable organization, operates primarily for educational purposes. Its mission is to promote, support, maintain, develop, and extend educational offerings at North Seattle College. One of its divisions, American Financial Solutions (AFS), plays a significant role in this mission. AFS empowers individuals to improve their lives through financial education and counseling. The foundation redirects a portion of its proceeds to a fund that provides scholarships, faculty grants, and academic programs for North Seattle College. The consumer credit counseling program, run by AFS, assists financially distressed individuals in gaining control of their personal financial situations through education and tailored solutions. The program offers one-on-one counseling sessions, debt management plans, home foreclosure counseling, home buyer counseling, and counseling before bankruptcy. Post-bankruptcy education is also provided, ensuring consumers complete an approved financial education course before debts can be discharged. Additionally, AFS offers student loan counseling, designed to help individuals manage their student loans with a tailored repayment plan.

    Impact

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




    Saturday, July 20, 2024

    North Seattle Community College Foundation's impact includes promoting, supporting, and extending educational offerings at North Seattle College. Through American Financial Solutions, the foundation empowers individuals to improve their quality of life through financial education and counseling. This includes assisting clients in gaining control of their personal financial situations, offering debt management plans, home foreclosure counseling, home buyer counseling, counseling before bankruptcy, post-bankruptcy education, and student loan counseling. Additionally, the foundation provides resources for businesses and organizations working with employees who have student loans. The foundation's work benefits the community by helping individuals manage their finances, avoid financial distress, and improve their overall financial well-being.





    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: $189,029
  • Program Service Revenue: $3,771,394
  • Gross Receipts: $7,124,485

    • Assets and Liabilities:
  • Total Assets: $11,054,287
  • Total Liabilities: $1,755,226
  • Net Assets: $9,299,061
  • Programs

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

    CLIENT/SETUP, NSF FEES

    Revenue

    $3,771,394

    Organization Details

    Founding Year

    1986

    Principal Officer

    Cindy R Seremek

    Main Address

    600 UNIVERSITY STREET 2409, SEATTLE, WA, 98101

    NTEE Category

    Code: P51 - Human services

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