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Fnub Inc

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

EIN: 161537468 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Fnub Inc?

Fnub Inc is a nonprofit organization situated in Buffalo, New York, primarily dedicated to supporting the University at Buffalo and its affiliated organizations. They manage various real estate properties for the university's benefit, including residential spaces, office spaces, and tenant-occupied buildings. One of their properties housed the University at Buffalo's Educational Opportunity Center. They also share ownership of a parking garage for university personnel and maintain an art gallery. Beyond real estate management, Fnub Inc performs administrative tasks and other activities to further the charitable and educational objectives of the University at Buffalo.


Official website here: www.ubfoundation.buffalo.edu

Is Fnub Inc legitimate?

Fnub Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fnub 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


Official website here: www.ubfoundation.buffalo.edu

What is the mission statement of Fnub Inc?

Fnub Inc's mission is to carry out administrative and various other tasks in support of the charitable and educational purposes of the University at Buffalo and its associated organizations. The organization's primary goal is to enhance the university's charitable endeavors. Additionally, Fnub Inc manages and operates real estate, including residential properties, office spaces, and other tenanted buildings, all for the benefit of the University at Buffalo. The organization also owns a building that housed the university's Educational Opportunity Center and shares a parking garage with the university.


Official website here: www.ubfoundation.buffalo.edu

Who is the CEO of Fnub Inc?

Anastacia S Knapper is the Principal Officer of Fnub Inc. The CEO's salary of Fnub Inc is $0 and their total compensation is $188,053.


Official website here: www.ubfoundation.buffalo.edu

What is the revenue of Fnub Inc?

Fnub Inc's revenue in 2022 was $2,139,864.


Official website here: www.ubfoundation.buffalo.edu

Who are the executives of Fnub Inc and what are their salaries?

There 9 volunteers at Fnub Inc.


Here are 11 key members and their salaries (Fnub Inc's CEO's salary is $0 and their total compensation is $188,053):


Jean Powers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Shepsman (Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheldon Berlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Chiazza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Fosket (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Grimm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Hamister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Schreiber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sujata Yalamanchili (Director (As Of 7/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Schneider (Executive Director (Thru 10/31/21))
  • Compensation: $0
  • Related: $259,699
  • Other: $47,829
Anastacia Knapper (Chief Exec Officer (As Of 8/16/21))
  • Compensation: $0
  • Related: $168,561
  • Other: $19,492


Official website here: www.ubfoundation.buffalo.edu

Where can I find the form 990 for Fnub Inc?

Fnub Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ubfoundation.buffalo.edu

Learn more at the official website: www.ubfoundation.buffalo.edu

Mission Statement of Fnub Inc

Fnub Inc, in its mission, is committed to providing administrative and various other support services to the University at Buffalo and its associated organizations. This nonprofit's purpose aligns with the charitable and educational objectives of the university. By performing these administrative duties, Fnub Inc contributes significantly to the university's overall operations and advancement.

Beyond administrative tasks, Fnub Inc owns and manages real estate for the benefit of the University at Buffalo. This real estate portfolio includes the residence of the university president, office spaces utilized by the university, and properties rented to other tenants. One notable property under Fnub Inc's management is the building that housed the University at Buffalo Educational Opportunity Center. Additionally, the organization is a tenant in common of a parking garage that caters to university personnel, as well as operating an art gallery and managing vacant land.

In essence, Fnub Inc plays a critical role in supporting the University at Buffalo and its related organizations by performing essential administrative duties and managing real estate properties for the university's benefit. This mission contributes to the university's overall charitable and educational objectives, ensuring that its operations run smoothly and efficiently.

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Impact




October, 2024

Fnub Inc has a significant impact on the University at Buffalo and its surrounding community by providing essential administrative and logistical support that enhances the educational environment. By managing real estate assets crucial to the university, including the residence of the university president, office spaces, and other facilities, Fnub Inc facilitates a supportive infrastructure that aids in the university's mission to deliver quality education and philanthropic initiatives.

The organization plays a key role in nurturing the university's resources, offering spaces that accommodate both academic functions and community engagement, such as the educational opportunity center and the art gallery. Additionally, its management of parking facilities helps ensure accessibility for university personnel and visitors. Through these efforts, Fnub Inc contributes to the overall development and sustainability of the university's programs and initiatives, reinforcing its commitment to education and community service in Buffalo, NY.




This information is meant to be a general summary of Fnub 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
$2,139,864 (2022)
Expenses
$1,030,384 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,040
  • Program Service Revenue: $232,520
  • Gross Receipts: $2,139,864

Assets and Liabilities:

  • Total Assets: $15,906,906
  • Total Liabilities: $6,801,663
  • Net Assets: $9,105,243

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Programs

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

889 LEBRUN

Revenue

$137,145

1031 MAIN STREET

Revenue

$90,623

672 DELAWARE

Revenue

$4,752

Organization Details

Founding Year

1997

Principal Officer

Anastacia S Knapper

Main Address

BOX 900, BUFFALO, NY, 14226

NTEE Category

Code: T11 - Philanthropy

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