Cerro Cosco Community College Foundation Inc

Organization Overview

Cerro Cosco Community College Foundation Inc is located in Ridgecrest, CA. The organization was established in 1977. 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. Cerro Cosco Community 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 06/2022, Cerro Cosco Community College Foundation Inc generated $380.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $191.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION WAS ESTABLISHED WITH THE EXPRESS PURPOSE OF PROMOTING AND ASSISTING THE EDUCATIONAL PROGRAMS OF CERRO COSO COLLEGE IN ACCORDANCE WITH THE MISSIONS , POLICIES AND PRIORITIES OF THE COLLEGE AS ADMINISTERED BY IT'S PRESIDENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALLOCATION OF SCHOLARSHIPS AND AWARDS TO NUMEROUS COLLEGE LEVEL STUDENTS AND PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Mr Derrick Hu
President
$0
Dr Sean Hancock
Director
$0
Kara Tolbert
President-Elect
$0
Natalie Dorrell
Director
$0
Cameron Bruce
Treasurer
$0
Deidre Patin
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$277,405
Investment income $68,061
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,136
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $380,070

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