COLUMBIA-GREENE COMMUNITY COLLEGE FOUNDATION INC

EIN: 222308614 501(c)(3) Education

HUDSON, NY

Total Revenue
$1,070,929
Total Expenses
$1,107,005
Total Assets
$5,839,212
Net Assets
$5,616,900
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NY
Principal Officer
LAURA GOODWIN
Phone
5186976369
Tax Period
2023-01-01 to 2023-12-31

COLUMBIA-GREENE COMMUNITY COLLEGE FOUNDATION INC, founded in 1979, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Net assets of $5.6M represent 63 months of operating reserves.

Mission

THE COLUMBIA-GREENE COMMUNITY COLLEGE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CULTURAL PURPOSES TO DEVELOP AND FOSTER SCHOLARSHIP AND CHARITABLE ACTIVITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $858,840
Program Service Revenue $0
Investment Income $209,838
Other Revenue $2,251
TOTAL REVENUE $1,070,929

Expense Breakdown

Grants Paid $940,113
Salaries & Benefits $0
Fundraising Expenses $851
Program Expenses $948,920
Other Expenses $166,892
TOTAL EXPENSES $1,107,005

Year-over-Year Comparison

2023 2022 Change
Revenue $1,070,929 $1,241,008 -0.1%
Expenses $1,107,005 $491,920 +1.3%
Net Income $-36,076 $749,088 -1.0%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
15

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOAN KOWEEK EXECUTIVE DIRECTOR 0.00
Director
$0 $0 $0
DR NICOLETTE SACO-BROWN PRESIDENT 0.00
Officer Director
$0 $0 $0
CHRISTINE CUMMING TREASURER 0.00
Officer Director
$0 $0 $0
DOREEN DAVIS CO-VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
CHRISTIAN KERSTEN CO-VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
BRUCE BOHNSACK BOARD MEMBER 0.00
Director
$0 $0 $0
ANTHONY DE SANTIS BOARD MEMBER 0.00
Director
$0 $0 $0
DR CARLEE DRUMMER BOARD MEMBER 0.00
Director
$0 $0 $0
PATRICIA GIBSON BOARD MEMBER 0.00
Director
$0 $0 $0
ALAN GOSULE BOARD MEMBER 0.00
Director
$0 $0 $0
CHARLES MILLAR BOARD MEMBER 0.00
Director
$0 $0 $0
JONATHAN NICHOLS BOARD MEMBER 0.00
Director
$0 $0 $0
PETER O'HARA BOARD MEMBER 0.00
Director
$0 $0 $0
BARBARA SHAFFER BOARD MEMBER 0.00
Director
$0 $0 $0
FRANCES SPARK BOARD MEMBER 0.00
Director
$0 $0 $0
MATTHEW WOOD BOARD MEMBER 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,070,929 $1,107,005 $5,839,212 $-36,076
2022 $1,241,008 $491,920 $5,493,602 $749,088
2021 $1,032,240 $415,975 $4,898,632 $616,265
2020 $657,836 $594,910 $3,993,623 $62,926
2019 $553,842 $393,141 $3,941,446 $160,701
2018 $485,829 $504,297 $3,603,914 $-18,468
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