Columbia - Greene Community Foundat Ion Inc
- Assets
- $4.9m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Hudson, NY
- Founding
- 07/1981
- Data as of
- 12/2021
- EIN
- 22-2308614
Organization Overview
Columbia - Greene Community Foundat Ion Inc is located in Hudson, NY. The organization was established in 1981. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbia - Greene Community Foundat Ion Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Columbia - Greene Community Foundat Ion Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $416.0k during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE COLUMBIA-GREENE COMMUNITY COLLEGE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CULTURAL PURPOSES TO DEVELOP AND FOSTER SCHOLARSHIP AND CHARITABLE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS:THE SCHOLARSHIPS ARE INTENDED TO RECOGNIZE ACADEMIC ACHIEVEMENT AND/ OR ASSIST FINANCIALLY WITH THE COST OF ATTENDING C-GCC. ENROLLED C-GCC STUDENTS MAY APPLY FOR SCHOLARSHIPS IF THE INDIVIDUAL STUDENTS MEET THE CRITERIA OF THE SPECIFIED SCHOLARSHIP. THE ESSAYS ARE SCORED BY THE SCHOLARSHIP COMMITTEE USING A STANDARDIZED RUBRIC. THE STUDENT WITH THE HIGHEST RATING (S) RECEIVES THE SCHOLARSHIP(S). SCHOLARSHIP RECIPIENTS' INFORMATION IS PLACED IN A SHARED FILE FOR THE FINANCIAL AID, BURSAR'S OFFICE, AND THE C-GCC FOUNDATION OFFICE TO ACCESS FOR APPROPRIATE RECORDING AND DISBURSEMENT PURPOSES.
STUDENT EMERGENCY NEED FUNDING: THIS FUNDING IS USED TO HELP C-GCC STUDENTS WHO FACE FINANCIAL ROADBLOCKS THAT HINDER ACADEMIC SUCCESS. TUITION PAYMENTS, BOOKS, STUDENT SUPPLIES, GROCERY CARDS, GAS CARDS, MEDICAL APPOINTMENTS, TRANSPORTATION, EYEGLASSES, CAR REPAIR ARE ALL EXAMPLES OF EMERGENCY NEED. STUDENTS MUST SEND AN EMAIL EXPLAINING WHY THEY NEED THESE FUNDS. DOCUMENTATION IS FILLED OUT WITH/BY STUDENTS TO SHOW WHAT THE FUNDS ARE USED FOR, THE AMOUNT, AND SIGNED BY THE STUDENT. FOR GRANT PURPOSES DEMOGRAPHIC INFORMATION IS COLLECTED AS WELL, WITHOUT STUDENT IDENTIFICATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Nichols Treasurer | OfficerTrustee | 0 | $0 |
Nicolette Sacco-Brown Vice President | OfficerTrustee | 0 | $0 |
Rick Bianchi President | OfficerTrustee | 0 | $0 |
Linda Wagner Fin Secretary & Trea | Officer | 0 | $0 |
Joan Koweek Executive Director | Trustee | 0 | $0 |
Philip Abitable Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $894,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $894,200 |
| Total Program Service Revenue | $0 |
| Investment income | $137,940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,032,240 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $284,455 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,871 |
| Fees for services: Accounting | $18,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,297 |
| Advertising and promotion | $184 |
| Office expenses | $22,601 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $997 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,129 |
| Insurance | $2,674 |
| All other expenses | $1,455 |
| Total functional expenses | $415,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $636,593 |
| Savings and temporary cash investments | $1,373,754 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $89 |
| Net Land, buildings, and equipment | $12,258 |
| Investments—publicly traded securities | $2,861,444 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,494 |
| Total assets | $4,898,632 |
| Accounts payable and accrued expenses | $24,852 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,852 |
| Net assets without donor restrictions | $756,035 |
| Net assets with donor restrictions | $4,117,745 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,898,632 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Columbia - Greene Community Foundat Ion Inc has recieved totaling $641,814.
| Awarding Organization | Amount |
|---|---|
Hrbt Foundation Hudson, NY PURPOSE: EDUCATION MATTERS SCHOLARSHIP | $500,000 |
Hrbt Foundation Hudson, NY PURPOSE: EMERGENCY FUND PROGRAM | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $20,500 |
Henry L Kimelman Family Foundation Wilmington, DE PURPOSE: LOW-INCOME STUDENTS FUND - TO PAY FOR THE COSTS OF TECHNOLOGY, TRANSPORTATION, OR THE GREATEST NEEDS IN THE JUDGEMENT OF THE COLLEGE | $20,000 |
Patricia E Phelan And Joseph W Phelan Family Foundation Inc Germantown, NY PURPOSE: GENERAL PURPOSE | $18,000 |
Rheinstrom Hill Community Foundation Inc Hudson, NY PURPOSE: PROGRAM FUNDING - DOLLARS FOR SCHOLARS | $12,000 |
Endowment Analysis
| Beg. Balance | $35,865 |
| Earnings | -$1,365 |
| Ending Balance | $34,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Raritan Valley Community College Dir Of Budget & Finance Office Somerville, NJ | $103,363,745 | $84,313,623 |
Dean College Franklin, MA | $117,492,231 | $77,417,313 |
Becker College Worcester, MA | $39,650,846 | $64,626,574 |
Mount Aloysius College Cresson, PA | $187,396,444 | $41,178,883 |
Landmark College Inc Putney, VT | $77,090,465 | $38,969,151 |
Lackawanna College Scranton, PA | $71,721,039 | $37,550,402 |
Keystone College La Plume, PA | $35,973,065 | $32,307,027 |
Mitchell College New London, CT | $42,145,371 | $31,379,437 |
Hilbert College Hamburg, NY | $32,366,281 | $25,027,344 |
Trocaire College Buffalo, NY | $48,308,094 | $27,715,968 |
Laboure College Milton, MA | $45,194,532 | $27,640,427 |
Maria College Albany, NY | $31,705,663 | $17,053,225 |