Overview
What is City University Construction Fund?
The City University Construction Fund (CUCF) is a nonprofit organization based in New York City that manages resources for the design and construction of spaces essential to support the educational mandate of the City University of New York (CUNY). The fund receives cash transfers from tuition and fees collected from various senior and community colleges within New York City, which it subsequently remits to the city. The mission of the CUCF is to oversee the allocation of necessary resources for the design and building projects required to accommodate CUNY's educational mission.
Official website here: www.web.cuny.edu/administration/cb/construction-f
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
The City University Construction Fund holds an overall score of 81%, reflecting a solid level of accountability and finance management. This score is predominantly influenced by its strong performance in areas such as having a fully independent board and rigorous financial oversight practices, showcasing the organization's commitment to transparency and governance.
Strengths include a fully independent board with 100% independent members and robust financial statements, inclusive of a well-structured audit process. The organization also adheres to best practices concerning conflict of interest and whistleblower policies, further enhancing its credibility. Additionally, it has demonstrated effective allocation of expenses, with a 100% ratio of program expenses.
However, a notable limitation arises from the liabilities to assets ratio, which stands at 74.91%, indicating a potential concern regarding financial stability. Overall, while the foundation shows strong accountability and finance management, attention may be needed to address its financial liabilities to strengthen its position.
This AI summary has been generated from information found on Charity Navigator.
Is City University Construction Fund legitimate?
City University Construction Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. City University Construction Fund 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
Official website here: www.web.cuny.edu/administration/cb/construction-f
What is the mission statement of City University Construction Fund?
The City University Construction Fund (CUCF) is dedicated to managing the resources required for the design and construction of spaces essential to upholding the educational mandate of The City University of New York. CUCF receives cash transfers from tuition and fees collected from various senior and community colleges in New York City and channels these funds to the city. The organization's primary objective is to ensure the necessary infrastructure is in place to support the educational mission of the university.
Official website here: www.web.cuny.edu/administration/cb/construction-f
Who is the CEO of City University Construction Fund?
Mohamed Attalla is the Executive Director of City University Construction Fund.
Official website here: www.web.cuny.edu/administration/cb/construction-f
What is the revenue of City University Construction Fund?
City University Construction Fund's revenue in 2022 was $1,350,670,597.
Official website here: www.web.cuny.edu/administration/cb/construction-f
Who are the executives of City University Construction Fund and what are their salaries?
There 7 volunteers at City University Construction Fund.
Here are 19 key members and their salaries:
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- Compensation: $144,314
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- Other: $16,034
- Compensation: $223,238
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- Other: $29,239
- Compensation: $226,063
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- Other: $29,586
- Compensation: $190,876
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- Other: $31,112
- Compensation: $178,538
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- Other: $24,951
- Compensation: $190,725
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- Other: $29,586
- Compensation: $172,945
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- Other: $34,891
- Compensation: $164,115
- Related: $0
- Other: $16,411
- Compensation: $156,493
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- Other: $29,586
- Compensation: $221,498
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- Other: $88,918
- Compensation: $133,833
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- Other: $25,380
- Compensation: $149,806
- Related: $0
- Other: $24,241
Official website here: www.web.cuny.edu/administration/cb/construction-f
Where can I find the form 990 for City University Construction Fund?
City University Construction Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.web.cuny.edu/administration/cb/construction-f
Learn more at the official website: www.web.cuny.edu/administration/cb/construction-f
Mission Statement of City University Construction Fund
The City University Construction Fund (CUCF) is a vital organization dedicated to managing the necessary resources for the design and construction of space required to support the educational mandate of the City University of New York (CUNY). In essence, CUCF plays a crucial role in facilitating the development of educational facilities for CUNY's senior and community colleges in New York City.
The funds for CUCF's endeavors primarily originate from tuition and fees collected from various colleges under the CUNY umbrella. These financial resources are subsequently remitted to the city, ensuring the continued expansion and improvement of the educational infrastructure for students. By effectively managing these resources, CUCF contributes significantly to the growth and success of CUNY's educational mission.
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Impact
October, 2024
City University Construction Fund (CUCF) plays a vital role in supporting the educational infrastructure of the City University of New York (CUNY) by managing resources for the design and construction of essential facilities. By receiving cash transfers from tuition and fees collected from various senior and community colleges across New York City, CUCF ensures that these funds are effectively remitted to the city for the development of educational spaces.
The impact of CUCF can be seen in its commitment to providing CUNY with the necessary facilities that enhance the learning environment for students. This includes the construction and renovation of classrooms, libraries, and other vital educational resources that support the university's mission to provide accessible education. Through its efforts, CUCF directly contributes to the advancement of education in New York, fostering a supportive space where students can thrive academically and prepare for their future careers.
This information is meant to be a general summary of City University Construction Fund. 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.
- Gross Receipts: $1,350,670,597
Assets and Liabilities:
- Total Assets: $51,511,675
- Total Liabilities: $38,653,582
- Net Assets: $12,858,093
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Organization Details
Founding Year
1966
Phone
(646) 664-2635Principal Officer
Mohamed Attalla
Main Address
555 WEST 57TH STREET 16TH FL, NEW YORK, NY, 10019
NTEE Category
Code: B110 - Education
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