Overview
What is Unitus Investment Management?
Unitus Investment Management is a nonprofit entity situated in Orem, Utah. Its primary objective is to support Unitus Labs, a charitable organization under IRC Sections 501C3 and 509A1. Unitus Investment Management's role is to manage investments, contributing to the mission of Unitus Labs. This mission is to carry out specific tasks on behalf of and within the function of Unitus Labs, thereby furthering its charitable activities. The organization operates with a focus on its mission, providing financial support and management to advance Unitus Labs' objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Unitus Investment Management has received an 80% rating from Charity Navigator, indicating a solid performance in the areas of accountability and finance. This score is particularly notable as it is derived entirely from a single beacon score focused on these aspects, showcasing the organization’s commitment to transparency and responsible financial management.
The organization demonstrates significant strengths, including a fully independent board, with all ten members free from conflicts of interest, and a 100% program expense ratio, indicating that nearly all of its funds are directed towards its mission-driven activities. Additionally, there are no liabilities reported, reinforcing its strong financial position and operational integrity.
However, while the 80% rating reflects well on its financial practices, it is essential to consider that this score does not take into account other performance dimensions such as program effectiveness or impact. Potential donors and stakeholders may want to explore these areas further when assessing Unitus Investment Management's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Unitus Investment Management legitimate?
Unitus Investment Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unitus Investment Management 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 Unitus Investment Management?
Unitus Investment Management's mission is to serve as a tool for executing various tasks aligned with the function of Unitus Labs, a non-profit organization under IRC Sections 501C3 and 509A1. Its primary role is to support the objectives and activities of Unitus Labs, thereby contributing to its mission. While the specific activities and goals of Unitus Labs are not detailed in the provided information, Unitus Investment Management is designed to assist in achieving these objectives, ultimately contributing to the broader mission of the supported organization.
Who is the CEO of Unitus Investment Management?
Joseph Grenny is the Secretary of Unitus Investment Management.
What is the revenue of Unitus Investment Management?
Unitus Investment Management's revenue in 2022 was -$51,934.
Who are the executives of Unitus Investment Management and what are their salaries?
There 4 volunteers at Unitus Investment Management.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Unitus Investment Management?
Unitus Investment Management's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Unitus Investment Management
Unitus Investment Management is an entity that serves a crucial role in supporting the mission of Unitus Labs, a nonprofit organization under IRC Section 501C3 and 509A1. Its mission is to provide a platform for executing various tasks on behalf of and within the purview of Unitus Labs. This role enables Unitus Labs to carry out its intended activities effectively and efficiently, thus contributing to its overall goals and objectives. By serving as a vehicle for Unitus Labs, Unitus Investment Management plays a significant part in advancing the mission and cause of this supported organization.
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Impact
October, 2024
Unitus Investment Management plays a significant role in advancing initiatives that align with the mission of Unitus Labs. By managing investments strategically, it facilitates financial support for projects that have a global impact, particularly in the international development sector. The organization helps channel funds into activities that empower communities, enhance economic opportunities, and foster sustainable growth.
Operating from Orem, Utah, Unitus Investment Management serves as a critical vehicle to implement and support the broader goals of Unitus Labs. Through its investment strategies, it aims to drive social change and provide resources that help implement solutions to pressing challenges faced by various communities around the world. By doing so, it contributes to a more equitable and prosperous society, fulfilling its mission of enhancing lives through responsible investment management.
This information is meant to be a general summary of Unitus Investment Management. 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: $254
- Program Service Revenue: -$52,188
Assets and Liabilities:
- Total Assets: $2,573,799
- Total Liabilities: $0
- Net Assets: $2,573,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
See Schedule O
Revenue
-$52,188
Organization Details
Founding Year
2005
Phone
(801) 362-8998Principal Officer
Joseph Grenny
Main Address
435 S 660 W, OREM, UT, 840586078
NTEE Category
Code: Q32 - International
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