Overview
What is Uncw Corporation?
Uncw Corporation, based in Wilmington, North Carolina, primarily focuses on improving the educational mission of the University of North Carolina at Wilmington. They achieve this by overseeing and assisting with the acquisition and financing of capital assets for the university. Specifically, they specialize in developing, constructing, managing, and operating student housing facilities on campus. As of 2005, they constructed a 524-bed facility, followed by a 609-bed facility in 2006 and a 662-bed facility in 2008. Alongside these housing facilities, Uncw Corporation also developed parking decks and a student convenience store to cater to the needs of the university's student population.
Official website here: www.uncw.edu/associatedentities/uncwcorporation.html
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Uncw Corporation has received a two-star rating from Charity Navigator, indicative of a need for improvement with an overall score of 66%. The organization shows strong performance in several accountability and finance metrics, particularly in program expense ratio, where it scored full points, indicating a high percentage of expenses directed toward its programs. Furthermore, it has effective governance policies in place, such as conflict of interest and whistleblower policies, which contribute positively to its accountability.
However, despite these strengths, the organization struggles in terms of financial stability as reflected in its liabilities to assets ratio, receiving a score of 0 out of 15 points. This raises concerns about its financial health and sustainability. Key staff salaries also appear quite high, which may attract scrutiny regarding the allocation of resources and overall compensation practices within the organization.
In summary, while Uncw Corporation demonstrates solid accountability practices and a focus on programmatic spending, it faces significant challenges related to financial stability and transparency regarding executive compensation. These issues highlight an area for potential growth and improvement, which could enhance the organization's effectiveness and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Uncw Corporation legitimate?
Uncw Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uncw 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: $0
For more financial information, click here
Official website here: www.uncw.edu/associatedentities/uncwcorporation.html
What is the mission statement of Uncw Corporation?
The Uncw Corporation's mission is centered around enhancing the educational mission of the University of North Carolina at Wilmington. This is accomplished by overseeing and assisting in the acquisition and financing of capital assets for the university, without any limitations. The corporation's primary role involves developing, constructing, owning, financing, managing, operating, and dealing with student housing facilities on the university's campus. As of 2005, three apartment-style housing facilities, along with related parking and recreational facilities, have been constructed on the UNCW campus.
Official website here: www.uncw.edu/associatedentities/uncwcorporation.html
Who is the CEO of Uncw Corporation?
Eddie Stuart is the President of Uncw Corporation.
Official website here: www.uncw.edu/associatedentities/uncwcorporation.html
What is the revenue of Uncw Corporation?
Uncw Corporation's revenue in 2023 was $4,521,017.
Official website here: www.uncw.edu/associatedentities/uncwcorporation.html
Who are the executives of Uncw Corporation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $230,948
- Other: $38,982
- Compensation: $0
- Related: $282,888
- Other: $47,046
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $89,701
- Other: $31,014
Official website here: www.uncw.edu/associatedentities/uncwcorporation.html
Where can I find the form 990 for Uncw Corporation?
Uncw Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uncw.edu/associatedentities/uncwcorporation.html
Learn more at the official website: www.uncw.edu/associatedentities/uncwcorporation.html
Mission Statement of Uncw Corporation
Uncw Corporation, a nonprofit entity, is committed to enhancing the educational mission of the University of North Carolina at Wilmington, without any limitations. Their primary role involves overseeing and assisting with the acquisition and financing of capital assets for the university. In essence, they play a crucial part in facilitating the development, construction, ownership, financing, management, operation, and handling of various student housing facilities on the university campus.
Uncw Corporation has made significant contributions to the university by constructing several apartment-style housing facilities. These include a 524-bed facility built in 2005, a 609-bed facility constructed in 2006, and a 662-bed facility built in 2008. Alongside these housing facilities, they have also developed related parking and recreational facilities. Their mission extends beyond just construction, as they also manage and operate these facilities to ensure a comfortable living environment for students. This dedication to student housing not only supports the university's educational mission but also contributes to the overall well-being and success of its students.
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Impact
August, 2024
Uncw Corporation plays a critical role in enhancing the educational mission of the University of North Carolina at Wilmington. By overseeing and assisting with the acquisition and financing of capital assets for the university, Uncw Corporation ensures that the campus has the necessary facilities and resources to support student learning and growth. Specifically, Uncw Corporation has been instrumental in developing, constructing, owning, financing, managing, and operating student housing facilities on the university campus. These apartment-style housing facilities, along with related parking and recreational facilities, provide a comfortable and convenient living space for hundreds of students. Through its ongoing efforts, Uncw Corporation contributes significantly to the overall student experience and educational environment at the University of North Carolina at Wilmington.
This information is meant to be a general summary of Uncw 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $4,521,017
- Gross Receipts: $4,521,017
Assets and Liabilities:
- Total Assets: $109,770,392
- Total Liabilities: $109,770,392
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$4,521,017
Organization Details
Founding Year
2002
Phone
(910) 962-2515Principal Officer
Eddie Stuart
Main Address
601 SOUTH COLLEGE ROAD, WILMINGTON, NC, 28403
NTEE Category
Code: B119 - Education
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