Overview
What is Metropolitan Bridgeport Inc?
Metropolitan Bridgeport Inc., previously known as the University of Bridgeport, is a nonprofit organization based in Bridgeport, Connecticut. The institution, with a substantial workforce of 1070 individuals, was renowned for offering career-oriented undergraduate, graduate, and professional degrees and programs. It fostered academic excellence, encouraged personal responsibility, and instilled a commitment to service. The university boasted a diverse, multicultural learning environment, preparing graduates for life and leadership in an interconnected world. Despite its name change to Metropolitan Bridgeport Inc. on June 28, 2021, following the sale of its assets, the organization's mission now involves winding down operations, settling liabilities, and transferring assets to ensure a smooth transition to its successor.
Official website here: www.bridgeport.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Metropolitan Bridgeport Inc has received a 79% rating, reflecting a strong performance in accountability and finance. This rating is primarily based on its financial practices, with a perfect score in several governance areas, showing that the organization is well-managed with independent board members and effective policies in place. Their program expense ratio is notably high at 81.33%, indicating a significant portion of funds is directed towards their programs.
However, while the organization excels in many areas, it faces challenges with its liabilities to assets ratio, scoring 0 out of 15 points, which may suggest financial stability concerns. This aspect could impact their overall financial health and sustainability in the long term. Overall, the charity demonstrates commendable governance and effective use of funds, but potential donors should consider its financial ratio limitations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Metropolitan Bridgeport Inc?
82% of 596 reviewers on Facebook recommend Metropolitan Bridgeport Inc. Here is a summary of their reviews:
Many users appreciate the organization's commitment to providing quality education, describing it as a dedicated effort to help individuals reach their full potential. The positive remarks highlight the nonprofit's ability to inspire and empower through its initiatives, reinforcing a strong belief in its mission.
Overall, the sentiment towards Metropolitan Bridgeport Inc appears to be favorable, with supporters encouraging the organization to continue its impactful work. The enthusiastic endorsements suggest that the community recognizes the value and effort put forth by this nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is Metropolitan Bridgeport Inc legitimate?
Metropolitan Bridgeport Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Bridgeport 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: $60,554
For more financial information, click here
Official website here: www.bridgeport.edu
What is the mission statement of Metropolitan Bridgeport Inc?
Metropolitan Bridgeport Inc., formerly known as the University of Bridgeport, ceased providing educational services. Prior to its asset sale, the institution offered career-oriented undergraduate, graduate, and professional degrees and programs. It promoted academic excellence, personal responsibility, and a commitment to service. The university had distinctive curricula in an international, culturally diverse, supportive learning environment, preparing graduates for life and leadership in an increasingly interconnected world. The institution was independent and non-sectarian, fostering personal and professional growth for its students.
Official website here: www.bridgeport.edu
Who is the CEO of Metropolitan Bridgeport Inc?
Johannes Van Der Giessen is the Trustee of Metropolitan Bridgeport Inc.
Official website here: www.bridgeport.edu
What is the revenue of Metropolitan Bridgeport Inc?
Metropolitan Bridgeport Inc's revenue in 2022 was $32,488.
Official website here: www.bridgeport.edu
Who are the executives of Metropolitan Bridgeport Inc and what are their salaries?
The average compensation at Metropolitan Bridgeport Inc during 2022 was $57. There are 1070 employees at Metropolitan Bridgeport Inc.
Here are 9 key members and their salaries:
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- Compensation: $139,758
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- Other: $10,476
- Compensation: $179,056
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- Other: $645
- Compensation: $114,255
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- Other: $25,293
Official website here: www.bridgeport.edu
Where can I find the form 990 for Metropolitan Bridgeport Inc?
Metropolitan Bridgeport Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bridgeport.edu
Learn more at the official website: www.bridgeport.edu
Mission Statement of Metropolitan Bridgeport Inc
Metropolitan Bridgeport Inc, formerly known as the University of Bridgeport, had a mission to foster personal and professional growth in individuals. Operating independently and non-sectarian, the organization offered career-oriented undergraduate, graduate, and professional degrees and programs. Its distinctive curriculum was designed in an international, culturally diverse, and supportive learning environment. The institution promoted academic excellence, instilling personal responsibility and a commitment to service in its students. Metropolitan Bridgeport Inc prepared its graduates for life and leadership in an increasingly interconnected world. Prior to ceasing educational services, the institution played a significant role in shaping individuals' futures, encouraging them to serve and make a positive impact in their communities and beyond.
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Impact
August, 2024
Metropolitan Bridgeport Inc, formerly known as the University of Bridgeport, had a significant impact in the field of education before ceasing its operations. The organization offered career-oriented undergraduate, graduate, and professional degree programs to individuals seeking personal and professional growth. With a focus on academic excellence, personal responsibility, and commitment to service, the university provided a distinctive and supportive learning environment that prepared graduates for life and leadership in an increasingly interconnected world.
Through its international and culturally diverse curricula, Metropolitan Bridgeport Inc played a role in shaping the skills and perspectives of individuals from diverse backgrounds. Its mission to promote education and personal development contributed to the growth and enrichment of the community it served.
Although the organization has now transitioned to wind down operations following the sale of its assets, its legacy of providing quality education and preparing students for success continues to influence the educational landscape in Bridgeport and beyond.
This information is meant to be a general summary of Metropolitan Bridgeport 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,944
- Program Service Revenue: $16,190
- Gross Receipts: $32,488
Assets and Liabilities:
- Total Assets: $20,644,610
- Total Liabilities: $12,386,689
- Net Assets: $8,257,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$16,190
Organization Details
Founding Year
1927
Phone
(203) 576-4690Principal Officer
Johannes Van Der Giessen
Main Address
126 PARK AVE WAHLSTROM LIBRARY7TH, BRIDGEPORT, CT, 06604
Website
www.bridgeport.eduNTEE Category
Code: B430 - Education
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