NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION Charity Report

Public IRS 990 nonprofit record

NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION

EIN 91-1163554 · Financial Counseling (P51)

What they do

NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION PROMOTES, SUPPORTS, MAINTAINS, DEVELOPS, and EXTENDS EDUCATIONAL OFFERINGS and THE PURSUIT THEREOF AT or IN CONNECTION WITH NORTH SEATTLE COLLEGE.AMERICAN FINANCIAL SOLUTIONS (AFS) is A DIVISION of NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION, THE MISSION of WHICH is to EMPOWER PEOPLE to IMPROVE THE QUALITY of THEIR LIVES THROUGH FINANCIAL EDUCATION and COUNSELING. WE REDIRECT A PORTION of OUR PROCEEDS to A FUND THAT PROVIDES STUDENT SCHOLARSHIPS, FACULTY GRANTS, and OTHER ACADEMIC PROGRAMS for NORTH SEATTLE COLLEGE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

58.31%of revenue went to mission work89.3% of expenses · Program services

$65.28spent for every $100 of revenueRevenue covered expenses this year.

6.97%of revenue went to management and office costs10.7% of expenses

$3.73in assets for every $1 spent this yearSome assets cannot be spent right away.

46.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $281,132 for CINDY SEREMEK (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$10,442,967

Mission workProgram services$6,089,25458.31% of revenue89.3% of expenses

ManagementOffice and general costs$728,2866.97% of revenue10.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$3,625,42734.72% of revenueShown in gray on the chart

Total expenses$6,817,54065.28% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.3% mission · 10.7% management · 0.0% fundraisingTotal expenses: 65.28% of revenue

2023Expense mix: 88.3% mission · 11.7% management · 0.0% fundraisingTotal expenses: 64.73% of revenue

2022Expense mix: 87.1% mission · 12.9% management · 0.0% fundraisingTotal expenses: 67.36% of revenue

2021Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 71.88% of revenue

2020Expense mix: 83.4% mission · 16.6% management · 0.0% fundraisingTotal expenses: 62.70% of revenue

2019Expense mix: 88.8% mission · 11.2% management · 0.0% fundraisingTotal expenses: 82.62% of revenue

2018Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 90.08% of revenue

2017Expense mix: 91.1% mission · 8.9% management · 0.0% fundraisingTotal expenses: 97.68% of revenue

Money in and money out

Revenue$10,442,967

Expenses$6,817,540

Annual surplus $3,625,427 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,089,254 · 89.3% of expenses

Management and office costs$728,286 · 10.7% of expenses

See all reported dollar amounts

Revenue$10,442,967

Expenses$6,817,540

Assets$25,460,641

Income$10,443,116

Contributions$4,841,892

Mission work (program services)$6,089,254

Grants given$2,245,000

Average grant$249,444

Management and general$728,286

Executive compensation (total)$380,850

Stocks and bonds$16,407,953

Accounting fees$42,001

Investing fees$39,115

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CINDY SEREMEKPRESIDENT · 45 hrs/week $281,132Base $266,756 · Other $14,376

JESSICA WILLIAMS-OESTMANNDIRECTOR OF OPERATIONS · 40 hrs/week $196,600Base $189,395 · Other $7,205

REBECCA HOUSEDIRECTOR OF STRATEGIC INITIATIVES · 40 hrs/week $177,519Base $171,175 · Other $6,344

HELICIA THOMPSONTREASURER · 45 hrs/week $177,406Base $167,222 · Other $10,184

SHANNA LUXTONCLIENT SERVICES MANAGER · 40 hrs/week $108,777Base $105,150 · Other $3,627

JERRY GRONFEINDIRECTOR/CHAIRMAN · 2 hrs/week $3,500

JOSEPH JAHNDIRECTOR/VICE CHAIRMAN · 2 hrs/week $3,500

MARY ELLEN OKEEFFEDIRECTOR · 1 hrs/week $3,500

V LEE REESDIRECTOR · 1 hrs/week $3,500

ANDREW BEMBRYDIRECTOR · 1 hrs/week $3,000

WILLIAMS JARVISDIRECTOR · 1 hrs/week $3,000

CHRISTOPHER ALEJANODIRECTOR · 1 hrs/week $2,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

CINDY SEREMEKPRESIDENT

JESSICA WILLIAMS-OESTMANNDIRECTOR OF OPERATIONS

REBECCA HOUSEDIRECTOR OF STRATEGIC INITIATIVES

HELICIA THOMPSONTREASURER

SHANNA LUXTONCLIENT SERVICES MANAGER

JERRY GRONFEINDIRECTOR/CHAIRMAN

JOSEPH JAHNDIRECTOR/VICE CHAIRMAN

MARY ELLEN OKEEFFEDIRECTOR

V LEE REESDIRECTOR

ANDREW BEMBRYDIRECTOR

WILLIAMS JARVISDIRECTOR

CHRISTOPHER ALEJANODIRECTOR

MELISSA PUTMANDIRECTOR

CAROLYN BARTONDIRECTOR/SECRETARY

RACHEL SOLEMSAASDIRECTOR/EX-OFFICIO

About this charity

Recognized since: January 1988
Location: 600 UNIVERSITY ST STE 2409, SEATTLE, WA 98101-3195
County: King
In care of: CINDY R SEREMEK
Primary officer: CINDY R SEREMEK, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(206) 374-8844

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLARK NUBER PS
NTEE classification: Financial Counseling (P51)
IRS tax category: Financial Counseling
Grant-giving organization: Yes