Overview
What is Ugc Foundation Inc?
Ugc Foundation Inc, located in New Rochelle, New York, is a dedicated nonprofit organization that focuses on supporting programs for the elderly residing in long-term care facilities. They provide essential assistance for capital projects within these facilities, ensuring that the elderly population receives adequate care and living conditions. Ugc Foundation Inc supports various initiatives for the elderly through special events and contributions, as well as their related entities. Their mission encompasses enhancing the quality of life and care for the elderly community.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 54%, One-Star out of Four Star rating.
Ugc Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial practices. The organization demonstrates strengths in governance, with a fully independent board and robust policies in place for conflict of interest and whistleblowing. However, these positive aspects are overshadowed by poor financial management, as reflected in a low program expense ratio of 21.46% and a high liabilities to assets ratio of 73.51%.
Additionally, while the foundation adheres to essential governance standards, it has failed to make its tax form accessible on its website, which is critical for transparency. The lack of transparency and low investment in program expenses suggest that the organization may not be effectively utilizing its resources to fulfill its mission. Consequently, potential donors may want to exercise caution when considering support for Ugc Foundation Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Ugc Foundation Inc legitimate?
Ugc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ugc 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 Ugc Foundation Inc?
UGC Foundation, Inc., often referred to as UGC, is committed to supporting various programs aimed at assisting the elderly. This support is carried out through special events and contributions. Specifically, UGC funds initiatives in long-term care facilities and provides assistance for capital projects within these facilities. In essence, the organization's mission is to enhance the quality of life for the elderly population by providing necessary resources and support.
Who is the CEO of Ugc Foundation Inc?
Rita C Mabli is the President & Ceo & Secretar of Ugc Foundation Inc. The CEO's salary of Ugc Foundation Inc is $0 and their total compensation is $1,182,609.
What is the revenue of Ugc Foundation Inc?
Ugc Foundation Inc's revenue in 2022 was $787,781.
Who are the executives of Ugc Foundation Inc and what are their salaries?
There 10 volunteers at Ugc Foundation Inc.
Here are 11 key members and their salaries (Ugc Foundation Inc's CEO's salary is $0 and their total compensation is $1,182,609):
- Compensation: $0
- Related: $1,101,716
- Other: $80,893
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $307,044
- Other: $46,635
Where can I find the form 990 for Ugc Foundation Inc?
Ugc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ugc Foundation Inc
UGC Foundation, Inc., a nonprofit organization, is dedicated to supporting various programs aimed at assisting the elderly. The foundation accomplishes this mission by organizing special events and making contributions. One of their key areas of focus is providing support for elderly individuals residing in long-term care facilities. Furthermore, UGC Foundation, Inc. is also involved in funding capital projects within these long-term care facilities. In essence, the organization's mission is to enhance the lives and well-being of the elderly through its programs and related entities.
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Impact
October, 2024
Ugc Foundation Inc plays a crucial role in enhancing the quality of life for the elderly, particularly those residing in long-term care facilities. By supporting various programs aimed at this demographic, the foundation addresses critical needs ranging from daily living assistance to enhancements in facility infrastructure.
Through its initiatives, Ugc Foundation Inc promotes wellness, social engagement, and overall well-being, ensuring that seniors receive comprehensive support tailored to their unique circumstances. Additionally, its involvement in capital projects helps improve the physical environments where elderly individuals reside, ultimately contributing to a more dignified and fulfilling aging experience. The foundation’s commitment to philanthropy fosters community involvement and raises awareness about the issues facing the elderly, enhancing not only the facilities they support but also the broader community's understanding of elderly care.
This information is meant to be a general summary of Ugc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $523,817
- Gross Receipts: $1,186,513
Assets and Liabilities:
- Total Assets: $4,638,127
- Total Liabilities: $3,409,606
- Net Assets: $1,228,521
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Organization Details
Founding Year
1996
Phone
(914) 632-2804Principal Officer
Rita C Mabli
Main Address
60 WILLOW DRIVE, NEW ROCHELLE, NY, 10805
NTEE Category
Code: T19 - Philanthropy
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