Overview
What is Fayetteville State University Student Housing Corporation?
Fayetteville State University Student Housing Corporation is a nonprofit organization located in Fayetteville, North Carolina. Its primary mission is to cater to the residential needs of students and faculty at Fayetteville State University. This involves developing, financing, preparing, providing, and overseeing suitable housing facilities for this population. The corporation's activities are geared towards enhancing the living conditions and accommodations for the university community, contributing to their overall academic and personal growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. This rating indicates that Fayetteville State University Student Housing Corporation has room for improvement in its accountability and financial practices, despite some strengths in its governance structure.
The organization boasts a fully independent board and has achieved high marks on financial audits and the absence of asset diversions. However, it has notable weaknesses, including missing policies on whistleblowing and document retention, as well as the absence of tax forms on its website, which could hinder transparency and trustworthiness for potential donors.
Financially, the organization's liabilities to assets ratio is concerning at 95.02%, suggesting potential financial instability. Nonetheless, it excels in program spending, with a program expense ratio of 100%, indicating that all its resources are directed toward its mission. Overall, while Fayetteville State University Student Housing Corporation shows commitment through its governance and program expenses, it needs to address its transparency and financial health to enhance its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Fayetteville State University Student Housing Corporation legitimate?
Fayetteville State University Student Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayetteville State University Student Housing 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
What is the mission statement of Fayetteville State University Student Housing Corporation?
The Fayetteville State University Student Housing Corporation is dedicated to developing, financing, preparing, providing, and overseeing residential housing facilities for the students and faculty of Fayetteville State University. Their primary objective is to ensure the availability of suitable living spaces for the university community. They manage and supervise these facilities, ensuring they meet the needs of the students and faculty effectively.
Who is the CEO of Fayetteville State University Student Housing Corporation?
Dr Lillian Wanjagi is the Chair of Fayetteville State University Student Housing Corporation.
What is the revenue of Fayetteville State University Student Housing Corporation?
Fayetteville State University Student Housing Corporation's revenue in 2023 was $717,438.
Who are the executives of Fayetteville State University Student Housing Corporation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $225,000
- Other: $0
- Compensation: $0
- Related: $211,549
- Other: $0
- Compensation: $0
- Related: $165,179
- Other: $0
- Compensation: $0
- Related: $154,112
- Other: $0
- Compensation: $0
- Related: $132,654
- Other: $0
- Compensation: $0
- Related: $100,359
- Other: $0
Where can I find the form 990 for Fayetteville State University Student Housing Corporation?
Fayetteville State University Student Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fayetteville State University Student Housing Corporation
Fayetteville State University Student Housing Corporation is dedicated to a significant mission. This organization focuses on developing, financing, preparing, providing, and supervising residential housing facilities for the students and faculty of Fayetteville State University. By undertaking these tasks, the corporation aims to contribute to the university community's overall well-being and living experience. The corporation's role is pivotal in ensuring that students and faculty have access to suitable housing facilities, thereby enhancing their academic and social experiences.
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Impact
October, 2024
Fayetteville State University Student Housing Corporation significantly enhances the living experience for both students and faculty by developing, financing, and managing residential housing facilities. Its primary focus is to ensure that quality housing options are available, which directly supports the academic success and well-being of the university community. By providing comfortable and accessible living environments, the corporation fosters a sense of belonging and community among residents. This strategic approach not only addresses immediate housing needs but also contributes to the overall mission of Fayetteville State University by promoting student retention and engagement. The organization plays a vital role in the university's ecosystem, ultimately enriching the educational experience in Fayetteville, NC.
This information is meant to be a general summary of Fayetteville State University Student Housing 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.
- Investment Income: $717,438
- Gross Receipts: $717,438
Assets and Liabilities:
- Total Assets: $18,096,481
- Total Liabilities: $17,196,754
- Net Assets: $899,727
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Organization Details
Founding Year
2010
Phone
(910) 672-1151Principal Officer
Dr Lillian Wanjagi
Main Address
1200 MURCHISON RD, FAYETTEVILLE, NC, 28301
NTEE Category
Code: L40 - Housing
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