Overview
What is Centennial Falcon Properties Inc?
Centennial Falcon Properties Inc is a nonprofit organization based in Bowling Green, Ohio, primarily focused on acquiring, developing, and maintaining property to serve the needs of Bowling Green State University's students, faculty, and staff. Their mission is to enhance the living and learning environment by constructing and refurbishing various facilities, including housing, research centers, classrooms, administrative buildings, dining areas, bookstores, parking spaces, and other auxiliary facilities. As part of their work, they operate two full-service dining facilities, The Oaks and Carillon Place, which serve approximately 342,000 meals annually. In addition, they receive in-kind support from the university for their dining operations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Stars (66%)
Centennial Falcon Properties Inc has been rated as needing improvement, with a score of 66%. This rating indicates that while the organization meets some financial accountability and transparency standards, there are significant areas where it falls short, particularly concerning board independence and governance. The lack of independent board members and the absence of proper financial oversight on its website raise concerns about its operational integrity.
The organization does demonstrate strengths in several key areas, such as having a conflict of interest policy and a whistleblower policy, both of which receive full marks. Additionally, its program expense ratio is strong, indicating that a substantial portion of its expenses is directed towards its programs. This suggests a commitment to fulfilling its mission.
However, limitations are evident in the low scores for board independence and the liabilities to assets ratio, which could indicate potential financial instability. The absence of posted financial documents on its website may hinder transparency and public trust. Overall, while there are commendable aspects, the organization would benefit from addressing its governance and financial management practices to enhance its rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Centennial Falcon Properties Inc legitimate?
Centennial Falcon Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centennial Falcon Properties 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 Centennial Falcon Properties Inc?
Centennial Falcon Properties Inc's mission is centered around providing various buildings and facilities to the students, faculty, and staff of a university, specifically Bowling Green State University. The corporation aims to enhance the living and learning environment and interactions within the university community. This is achieved by constructing and refurbishing housing, research, classroom, and administrative facilities, as well as dining, bookstore, parking, and other auxiliary facilities within and around the university community.
Who is the CEO of Centennial Falcon Properties Inc?
Sherideen Stoll is the President of Centennial Falcon Properties Inc.
What is the revenue of Centennial Falcon Properties Inc?
Centennial Falcon Properties Inc's revenue in 2022 was $0.
Who are the executives of Centennial Falcon Properties Inc and what are their salaries?
There 1 volunteer at Centennial Falcon Properties Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $612,476
- Other: $88,905
- Compensation: $0
- Related: $329,567
- Other: $68,492
- Compensation: $0
- Related: $309,484
- Other: $69,359
- Compensation: $0
- Related: $207,742
- Other: $62,271
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Centennial Falcon Properties Inc?
Centennial Falcon Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Centennial Falcon Properties Inc
Centennial Falcon Properties Inc, a mission-driven organization, is dedicated to procuring, enhancing, and maintaining property for the benefit of Bowling Green State University (BGSU). Their primary objective is to construct and renovate various facilities that cater to the needs of the university community, including student residences, research centers, classrooms, administrative buildings, dining halls, bookstores, parking lots, and auxiliary facilities. By doing so, Centennial Falcon Properties Inc aims to improve the overall living and learning environment for students, faculty, and staff at BGSU, fostering a more interactive and engaging university community.
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Impact
October, 2024
Centennial Falcon Properties Inc significantly enhances the living and learning environment at Bowling Green State University (BGSU) by acquiring, developing, and maintaining essential properties. The organization has played a pivotal role in establishing full-service dining facilities, such as The Oaks and Carillon Place, which have become integral to campus life since their opening on August 19, 2011.
With approximately 342,000 meals served to students, faculty, and staff in the year ending June 30, 2022, these dining services not only provide nourishment but also foster community interaction among the university population. In addition, the in-kind revenue of $596,800 received from BGSU for dining operations illustrates the collaborative relationship between the university and Centennial Falcon Properties Inc, enhancing the overall support and resources available to the campus community.
Beyond dining, the organization's mission encompasses a broader scope, aiming to build and refurbish a variety of facilities, including housing, research, classrooms, and administrative spaces. This comprehensive approach contributes significantly to the accessibility and functionality of campus life, ensuring that students, faculty, and staff have the necessary resources to thrive in their academic and professional pursuits.
This information is meant to be a general summary of Centennial Falcon Properties 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.
Assets and Liabilities:
- Total Assets: $14,113,437
- Total Liabilities: $9,957,417
- Net Assets: $4,156,020
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Organization Details
Founding Year
2009
Phone
(419) 372-8262Principal Officer
Sherideen Stoll
Main Address
230 MCFALL CENTER, BOWLING GREEN, OH, 43403
NTEE Category
Code: L81 - Housing
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