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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Mhc Academic Foundation

Mhc Academic Foundation

Fiscal year ending 2025. Filed on October 28, 2025.

PO Box 492
Martinsville, Virginia 24114

Mhc Academic Foundation (EIN: 20-8407010) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Mhc Academic Foundation, a 501(c)(3) charitable organization, reported compensation for 1 out of 2 total employees. Among the employees shown here, the average compensation is $78,600. The highest compensated employee at Mhc Academic Foundation is Kevin Dekoninck with fiscal year 2025 compensation of $78,600. Mhc Academic Foundation changed its name from New College Foundation in 2023.

Revenue, expenses, and employee compensation

Revenue

$1,196,414

Expenses

$295,020

Employee compensation

$90,233
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kevin Dekoninck
Executive Director
$78,600
$78,600 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Simone Redd
Chair
$1,200
$1,200 No related compNo other comp
Cary Wright
Member
No compensation reported
Dr James Rountree
Vice Chair
No compensation reported
Jonathan Martin
Treasurer
No compensation reported
Schnika Hodge
Secretary
No compensation reported

Mission Statement

TO PROVIDE FINANCIAL AND OTHER SUPPORT FOR THE DISSEMINATION OF EDUCATION IN MARTINSVILLE AND HENRY COUNTY, VIRGINIA, INCLUDING BUT NOT LIMITED TO SUPPORT OF NEW COLLEGE INSTITUTE.

Revisions to this organization profile

October 28, 2025:
2025 Mhc Academic Foundation 990 filed
October 28, 2024:
2024 Mhc Academic Foundation 990 filed
November 10, 2023:
2023 Mhc Academic Foundation 990 filed

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