Corry Higher Education Council is located in Corry, PA. The organization was established in 1991. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2023, Corry Higher Education Council employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corry Higher Education Council 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 06/2023, Corry Higher Education Council generated $468.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $389.2k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
POSTSECONDARY EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ACCESS TO EDUCATIONAL OPPORTUNITIES TO THE LOCAL AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brody J Howard Executive Director | 40 | $50,662 | |
Matthew Platz Executive Director | 40 | $31,800 | |
Tami Case Director | Trustee | 2 | $0 |
Tina Freeman Sec/treas | OfficerTrustee | 2 | $0 |
Chelsea Oliver Director | Trustee | 2 | $0 |
William West Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $261,021 |
All other contributions, gifts, grants, and similar amounts not included above | $62,637 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $323,658 |
Total Program Service Revenue | $103,397 |
Investment income | $24,979 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,768 |
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 | $468,802 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $82,462 |
Compensation of current officers, directors, key employees. | $12,369 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $95,379 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,329 |
Payroll taxes | $13,984 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,573 |
Advertising and promotion | $10,595 |
Office expenses | $9,965 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $44,906 |
Travel | $867 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,645 |
Insurance | $12,010 |
All other expenses | $6,862 |
Total functional expenses | $389,192 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $236,251 |
Savings and temporary cash investments | $646,933 |
Pledges and grants receivable | $26,733 |
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 | $0 |
Net Land, buildings, and equipment | $358,597 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $395,386 |
Total assets | $1,663,900 |
Accounts payable and accrued expenses | $20,052 |
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 | $20,052 |
Net assets without donor restrictions | $1,083,129 |
Net assets with donor restrictions | $560,719 |
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 | $1,663,900 |