In December 1992, the Community College Roundtable, a group of 10 two-year college practitioners, convened to identify the core indicators of community college effectiveness. This report identifies and defines a few such measures that can be put to use on community college campuses nationwide. After part I of the report explains the composition and purpose of the Roundtable, part II presents an overview of the emergence of institutional effectiveness as a compelling issue on community college campuses and discusses how the set of core indicators was developed. Part III reviews the aims, purpose, focus, and organization of the report. Part IV provides a brief discussion of institutional effectiveness and how it can be defined and considered in community colleges. Part V includes definitions and guidelines for measuring core indicators. Part VI lists 13 core indicators according to mission category. The indicators are: (1) student goal attainment; (2) persistence (fall to fall); (3) degree completion rates; (4) placement rate in the work force; (5) employer assessment of students; (6) number and rate of transfers; (7) performance after transfer; (8) success in subsequent, related coursework; (9) demonstration of critical literacy skills; (10) demonstration of citizenship skills; (11) client assessment of programs and services; (12) responsiveness to community needs; and (13) participation rate in service area. Sources of data for each indicator are listed along with additional, related measures of effectiveness. Part VII offers suggestions for utilizing and measuring the indicators. Finally, part VIII lists five references. (AC)