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Univer Development Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043101957 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Univer Development Foundation Inc?

Univer Development Foundation Inc, a subsidiary of Boston Medical Center, is a nonprofit organization based in Boston, Massachusetts. Its primary mission is to foster real estate development initiatives within Boston Medical Center. The foundation plays a crucial role in supporting the growth and expansion of the medical center's physical infrastructure, contributing to its overall mission of delivering quality healthcare services. The foundation's activities are centered around real estate development, ensuring the medical center has the necessary facilities to cater to its patients effectively.

Is Univer Development Foundation Inc legitimate?

Univer Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Univer Development Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Univer Development Foundation Inc?

The Univer Development Foundation Inc, being a wholly-owned affiliate of Boston Medical Center, is committed to supporting the real estate development activities of the medical center. Its mission is centered around aiding Boston Medical Center in its property-related projects and initiatives. The foundation's purpose is to contribute to the growth and expansion of Boston Medical Center's physical infrastructure, thereby enhancing its ability to provide healthcare services. The foundation's role is crucial in facilitating Boston Medical Center's real estate development needs, ultimately contributing to the improvement of healthcare facilities and services.

Who is the CEO of Univer Development Foundation Inc?

Kathleen E Walsh is the Principal Officer of Univer Development Foundation Inc.

What is the revenue of Univer Development Foundation Inc?

Univer Development Foundation Inc's revenue in 2021 was $0.

Who are the executives of Univer Development Foundation Inc and what are their salaries?

There 1 volunteer at Univer Development Foundation Inc.


Here are 4 key members and their salaries:


Kathleen Walsh (President/Trustee)
  • Compensation: $0
  • Related: $106,336
  • Other: $1,669
Manuel Lopes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Beck (Clerk)
  • Compensation: $0
  • Related: $27,164
  • Other: $2,258
Terri Newsom (Treasurer)
  • Compensation: $0
  • Related: $39,546
  • Other: $1,162
Where can I find the form 990 for Univer Development Foundation Inc?

Univer Development Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Univer Development Foundation Inc

Univer Development Foundation, a fully-owned affiliate of Boston Medical Center, is dedicated to supporting the real estate development initiatives of its parent organization. This nonprofit entity's primary mission is to contribute to the real estate advancements of Boston Medical Center, ensuring the organization's growth and expansion in its endeavors. By providing essential support in the area of real estate development, Univer Development Foundation plays a crucial role in enhancing Boston Medical Center's overall capability to serve its community effectively.

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Impact




October, 2024

Univer Development Foundation Inc significantly impacts the Boston community by facilitating real estate development activities that directly support Boston Medical Center. By focusing on strategic real estate projects, the foundation enhances the infrastructure of one of the largest safety-net hospitals in the region. This advancement not only improves facilities and services offered to patients but also contributes to the overall health and well-being of the community by ensuring that quality healthcare is accessible and equipped to meet growing demands. Furthermore, by fostering development initiatives, Univer Development Foundation Inc plays a crucial role in the economic vitality of the area, promoting job creation and opportunities for local businesses. The foundation is integral in aligning healthcare solutions with community needs, thus reinforcing its commitment to public health and community development in Boston, MA.




This information is meant to be a general summary of Univer Development Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2021)
Expenses
$0 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Founding Year

    1990

    Principal Officer

    Kathleen E Walsh

    Main Address

    ONE BOSTON MEDICAL CENTER PLACE, BOSTON, MA, 02118

    NTEE Category

    Code: E22I - Health

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