Bernard M Baruch College Auxiliary Enterprise Corporation

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

EIN: 133240270 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bernard M Baruch College Auxiliary Enterprise Corporation?

Bernard M Baruch College Auxiliary Enterprise Corporation is a nonprofit organization based in New York, specifically at ONE BERNARD BARUCH WAY B2185. Their primary objective is to support the educational mission of Bernard M. Baruch College. They accomplish this by offering auxiliary services, such as managing the college's bookstore, food services, and student housing, all aimed at benefiting the college's student population. Their operations are overseen by a team of 4 employees, contributing to the overall well-being and convenience of the Baruch College community.


Official website here: www.baruch.cuny.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The Bernard M Baruch College Auxiliary Enterprise Corporation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With a score of 81%, the organization demonstrates a strong commitment to financial transparency and responsible management of its resources. This rating is derived solely from its accountability and finance measures, reflecting the charity's dedication to maintaining high standards.

Strengths of the organization include a perfect score in several critical areas such as financial statements oversight, material diversion of assets, and adherence to policies regarding conflicts of interest and whistleblower protections. The program expense ratio is notably high at 92.87%, suggesting that the vast majority of their expenditures directly support their mission, which is a positive indicator for donors concerned about efficient fund allocation.

While the organization performs well overall, the rating is primarily based on financial metrics, and additional performance metrics related to program outcomes or impact were not assessed. This could be a limitation for potential supporters looking for a more comprehensive view of the organization's effectiveness beyond financial stewardship.


This AI summary has been generated from information found on Charity Navigator.

Is Bernard M Baruch College Auxiliary Enterprise Corporation legitimate?

Bernard M Baruch College Auxiliary Enterprise Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bernard M Baruch College Auxiliary Enterprise Corporation 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: $147,501

For more financial information, click here


Official website here: www.baruch.cuny.edu

What is the mission statement of Bernard M Baruch College Auxiliary Enterprise Corporation?

The Bernard M Baruch College Auxiliary Enterprise Corporation is dedicated to providing auxiliary services, such as food services, a bookstore, and other necessary facilities, for the benefit of the campus community of Bernard M. Baruch College. The primary objective of the corporation is to support the educational mission of the college. It achieves this by offering support services that cater to the needs of the student population. The corporation manages the operations of the college's bookstore, food services, and student housing, aiming to enhance the overall college experience for the students. By doing so, the corporation contributes to the success and well-being of the students and the academic community of Bernard M. Baruch College.


Official website here: www.baruch.cuny.edu

Who is the CEO of Bernard M Baruch College Auxiliary Enterprise Corporation?

Kenya Lee is the Chairperson of Bernard M Baruch College Auxiliary Enterprise Corporation.


Official website here: www.baruch.cuny.edu

What is the revenue of Bernard M Baruch College Auxiliary Enterprise Corporation?

Bernard M Baruch College Auxiliary Enterprise Corporation's revenue in 2023 was $2,557,307.


Official website here: www.baruch.cuny.edu

Who are the executives of Bernard M Baruch College Auxiliary Enterprise Corporation and what are their salaries?

The average compensation at Bernard M Baruch College Auxiliary Enterprise Corporation during 2023 was $36,875. There are 4 employees at Bernard M Baruch College Auxiliary Enterprise Corporation.


Here are 11 key members and their salaries:


Kenya Lee (Chairperson)
  • Compensation: $0
  • Related: $154,543
  • Other: $50,654
Arthur King (Secretary)
  • Compensation: $0
  • Related: $201,289
  • Other: $31,768
Monroe Russell (Treasurer)
  • Compensation: $0
  • Related: $136,058
  • Other: $48,259
Laiba Hussain (Director)
  • Compensation: $3,880
  • Related: $7,951
  • Other: $0
Dave Olajide (Director)
  • Compensation: $0
  • Related: $6,930
  • Other: $0
Armen Hovakimian (Director)
  • Compensation: $0
  • Related: $234,270
  • Other: $29,200
John Jasper Alday (Director)
  • Compensation: $0
  • Related: $1,000
  • Other: $0
Fatouma Keita (Director)
  • Compensation: $1,950
  • Related: $6,092
  • Other: $0
Michael Waldman (Director)
  • Compensation: $0
  • Related: $114,366
  • Other: $26,655
Makkedah Ramsey (Director)
  • Compensation: $0
  • Related: $3,595
  • Other: $0
Viral Shah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.baruch.cuny.edu

Where can I find the form 990 for Bernard M Baruch College Auxiliary Enterprise Corporation?

Bernard M Baruch College Auxiliary Enterprise Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.baruch.cuny.edu

Learn more at the official website: www.baruch.cuny.edu

Mission Statement of Bernard M Baruch College Auxiliary Enterprise Corporation

Bernard M Baruch College Auxiliary Enterprise Corporation is committed to providing auxiliary services for the benefit of the campus community at Bernard M. Baruch College. This nonprofit organization plays a vital role in supporting the educational mission of the college by offering services such as a bookstore and food services. The corporation's primary objective is to enhance the college experience for its students, primarily managing the operations of the bookstore, food services, and student housing. By doing so, Bernard M Baruch College Auxiliary Enterprise Corporation contributes to the overall well-being and success of the student population at Bernard M. Baruch College.

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Impact




August, 2024

The impact of the Bernard M Baruch College Auxiliary Enterprise Corporation is primarily focused on supporting the educational mission of Bernard M. Baruch College by providing essential auxiliary services for the benefit of the campus community. Through services such as operating the college's bookstore, food services, and student housing, the Auxiliary plays a crucial role in enhancing the overall student experience and supporting the needs of the college's student population. By offering these supportive services, the Bernard M Baruch College Auxiliary Enterprise Corporation contributes to creating a more conducive and enriching environment for students to thrive in their academic pursuits.




This information is meant to be a general summary of Bernard M Baruch College Auxiliary Enterprise Corporation. 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
$2,557,307 (2023)
2011201220132014201520162017201820192020202120222023$0$2M$4M$6M$8M
Expenses
$346,636 (2023)
2011201220132014201520162017201820192020202120222023$0$2M$4M$6M$8M
Efficiency
20112012201320142015201620172018201920202021202220230%3%6%9%12%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $420,653
  • Gross Receipts: $2,557,307

Assets and Liabilities:

  • Total Assets: $2,927,216
  • Total Liabilities: $216,985
  • Net Assets: $2,710,231

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMIN FEES- STUDENT AS

Revenue

$265,536

CAFETERIA COMMISSIONS

Revenue

$122,413

BOOKSTORE COMMISSIONS

Revenue

$32,704

Organization Details

Founding Year

1984

Principal Officer

Kenya Lee

Main Address

ONE BERNARD BARUCH WAY B2185, NEW YORK, NY, 10010

NTEE Category

Code: B80 - Education

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