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Somerset Community College Foundation Inc.

Somerset Community College Foundation Inc.

Somerset, KY 42501
Tax ID27-0137175

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Amount

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About this organization

Revenue

$101,782

Expenses

$40,697

Mission

To conduct and carry on work, not for profit, but exclusively for charitable, scientific, literary or educational purposes and to stimulate voluntary financial support for Somerset Community College.

About

Scholarship program is used to provide scholarships to students who might not otherwise have the opportunity to further their education or who have exhibited characteristics and achievements in their educational process that is deemed fitting of recognition and reward.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “To conduct and carry on work, not for profit, but exclusively for charitable, scientific, literary or educational purposes and to stimulate voluntary financial support for somerset community college.”.

When referring to its functions, they were specified as: “To conduct and carry on work, not for profit, but exclusively for charitable, scientific, literary or educational purposes and to stimulate voluntary financial support for somerset community college.”.

  • The non-profit has reported their operating state as KY, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was 808 Monticello Street, Somerset, KY, 42501.
  • The non-profit's form reports a total of 0 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $61,085.
  • The remuneration of the CEO of the organization is not determined through an impartial review and approval process.
  • The organization has 12 independent voting members.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

Additional Non-Profits in the area

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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