Mendocino College Foundation Inc

Organization Overview

Mendocino College Foundation Inc is located in Ukiah, CA. The organization was established in 1986. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2023, Mendocino College Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mendocino College Foundation 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 06/2023, Mendocino College Foundation Inc generated $950.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. While expenses have increased by 1.6% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION SUPPORTS MENDOCINO COLLEGE IN EDUCATING LEADERS, FOSTERING INTELLECTUAL GROWTH AND ENRICHING LIVES BY CREATING OPPORTUNITIES TO INVEST IN A BETTER FUTURE FOR OUR STUDENTS AND COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENABLES THE MENDOCINO-LAKE COMMUNITY COLLEGE DISTRICT TO FUND THE EMERGENCY ROAD, NURSING FACULTY AND THE DAY OF THE DEAD ACTIVITIES.


GRANTING OF STUDENT SCHOLARSHIPS


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Board, Officers & Key Employees

Name (title)Compensation
Timothy Karas
Secretary
$0
Linda Chapman
President
$0
Travis Scott
Vice President
$0
Greg Cavalin
Board Member
$0
Jerry Chaney
Board Member
$0
Channing Cornell
Board Member
$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$532,376
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$532,376
Total Program Service Revenue$79,008
Investment income $229,183
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $88,758
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $950,095

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