Overview
What is Ub Associates Inc?
Ub Associates Inc, located at 77 Goodell Street, Buffalo, NY 14203, is a nonprofit organization primarily dedicated to providing comprehensive administrative support to the Jacobs School of Medicine at the State University of New York at Buffalo and the affiliated Faculty Practice Corporations. Their services encompass centralized budgeting, cash management, contracting, accounting, group purchasing, contracted legal services, compliance audit preparation, and financial reporting. By offering these essential administrative functions, Ub Associates Inc plays a crucial role in enhancing the operations and efficiency of the medical school and its partner corporations.
Is Ub Associates Inc legitimate?
Ub Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ub Associates 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: $225,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,335,563
For more financial information, click here
What is the mission statement of Ub Associates Inc?
Ub Associates Inc's primary role is to offer administrative support to the Jacobs School of Medicine at the State University of New York at Buffalo and the affiliated Faculty Practice Corporations. Their mission encompasses providing centralized budgeting, cash management, contracting, accounting, group purchasing, contracted legal services, compliance audit preparation, and financial reporting services to these entities. Their objective is to efficiently support the operational needs of the medical school and its affiliated corporations, thereby contributing to their overall success.
Who is the CEO of Ub Associates Inc?
Allison Brashear Md is the Ceo/President/Chairperson of Ub Associates Inc. The CEO's salary of Ub Associates Inc is $0 and their total compensation is $0.
What is the revenue of Ub Associates Inc?
Ub Associates Inc's revenue in 2022 was $10,811,590.
Who are the executives of Ub Associates Inc and what are their salaries?
The average compensation at Ub Associates Inc during 2022 was $97,535. There are 16 employees at Ub Associates Inc.
Here are 23 key members and their salaries (Ub Associates Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $225,000
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- Other: $18,021
Where can I find the form 990 for Ub Associates Inc?
Ub Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ub Associates Inc
Ub Associates Inc, as a nonprofit organization, is dedicated to providing administrative support to the Jacobs School of Medicine at the State University of New York at Buffalo and the faculty practice corporations affiliated with the medical school. This support encompasses a wide range of services, including centralized budgeting, cash management, contracting, accounting, group purchasing, contracted legal services, compliance audit preparation, and financial reporting. By offering these services, Ub Associates Inc plays a crucial role in ensuring the smooth operation and success of the Jacobs School of Medicine and its affiliated entities. This support allows the medical school and its faculty to focus on their primary mission of educating future medical professionals and conducting groundbreaking research, while Ub Associates Inc manages the behind-the-scenes administrative tasks that are essential for the organization's day-to-day operations. Overall, Ub Associates Inc is a vital partner to the Jacobs School of Medicine and its affiliated entities, providing the administrative support needed to maintain the school's high standards of education and research.
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Impact
October, 2024
Ub Associates Inc significantly enhances the operational efficiency of the Jacobs School of Medicine at the State University of New York at Buffalo and its affiliated faculty practice corporations. By providing essential administrative support, the organization streamlines various critical functions such as budgeting, cash management, and financial reporting. This support ensures that the medical school can focus on its core mission of education and healthcare delivery.
The organization also plays a pivotal role in contract management, auditing, and compliance, facilitating a structured environment for academic and medical professionals to thrive. Through centralized services like group purchasing and contracted legal support, Ub Associates Inc not only reduces costs but also improves the overall effectiveness of resource allocation within the institution. This impact resonates throughout the community by enabling better educational programs and medical services, ultimately contributing to the advancement of healthcare education and practice in the region.
This information is meant to be a general summary of Ub Associates 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: $17,733
- Program Service Revenue: $10,793,857
- Gross Receipts: $10,811,590
Assets and Liabilities:
- Total Assets: $65,214,328
- Total Liabilities: $63,081,099
- Net Assets: $2,133,229
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REIMBURSED EXPENSES
Revenue
$6,091,762
SERVICES PROVIDED
Revenue
$2,657,730
MANAGEMENT FEE INCOME
Revenue
$1,394,164
VICE PRESIDENT FOR HEALTH SCIENCE
Revenue
$650,201
Organization Details
Founding Year
1998
Phone
(716) 888-4701Principal Officer
Allison Brashear Md
Main Address
77 GOODELL STREET, BUFFALO, NY, 14203
NTEE Category
Code: B020 - Education
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