Overview
What is University Retirement Centers Inc?
University Retirement Centers Inc, with its primary location at 8689 US 31, Berrien Springs, MI 49103, is a nonprofit organization dedicated to serving the elderly and handicapped community. Their mission involves operating 82 subsidized apartment buildings, providing housing and essential services tailored to meet the physical, social, and psychological needs of their residents. Their main facility, Timberridge Manor, employs a team of six individuals to fulfill this mission. By offering a supportive living environment, University Retirement Centers Inc aims to enhance the quality of life for its elderly and handicapped residents.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (43%)
University Retirement Centers Inc has received a low rating of 43%, resulting in a Zero-Star out of Four Stars designation. This rating reflects significant concerns in the areas of accountability and finance, particularly highlighted by the lack of independent board members and a low score in financial transparency. The organization scored poorly in several key categories, such as having no conflict of interest or whistleblower policies in place.
Despite these weaknesses, the organization seems to maintain a positive program expense ratio, indicating that the majority of its funds are directed towards its mission-related activities. However, the overall governance structure raises questions about the effectiveness and oversight of its operations. The high compensation for key officials may also be a point of contention for stakeholders concerned about resource allocation.
Overall, while University Retirement Centers Inc appears to allocate funds effectively toward programs, its governance and financial practices need significant improvement to foster trust and accountability among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is University Retirement Centers Inc legitimate?
University Retirement Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Retirement Centers 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: $203,134
For more financial information, click here
Official website here: www.none
What is the mission statement of University Retirement Centers Inc?
University Retirement Centers Inc is committed to providing housing and various services tailored to address the physical, social, and psychological needs of elderly and handicapped individuals. They operate an 82-unit HUD subsidized apartment building, serving as a home and a supportive environment for these residents. The primary objective of University Retirement Centers Inc is to enhance the quality of life for its residents, ensuring they receive the care and assistance they require.
Official website here: www.none
Who is the CEO of University Retirement Centers Inc?
Valencia Mawuntu is the President/Ch of University Retirement Centers Inc.
Official website here: www.none
What is the revenue of University Retirement Centers Inc?
University Retirement Centers Inc's revenue in 2023 was $751,938.
Official website here: www.none
Who are the executives of University Retirement Centers Inc and what are their salaries?
The average compensation at University Retirement Centers Inc during 2023 was $33,856. There are 6 employees and 10 volunteers at University Retirement Centers Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $140,568
- Other: $0
- Compensation: $0
- Related: $108,000
- Other: $0
- Compensation: $0
- Related: $98,000
- Other: $0
- Compensation: $0
- Related: $75,000
- Other: $0
- Compensation: $0
- Related: $70,000
- Other: $0
- Compensation: $0
- Related: $69,170
- Other: $0
- Compensation: $0
- Related: $68,500
- Other: $0
- Compensation: $0
- Related: $46,348
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of University Retirement Centers Inc
University Retirement Centers Inc, as a nonprofit organization, is committed to providing housing and various services tailored to meet the physical, social, and psychological needs of elderly and handicapped individuals. Their mission is to operate an 82-unit HUD subsidized apartment building, which serves as a home and a supportive community for these individuals. This facility is designed to address the unique requirements of its residents, ensuring they live in a secure and nurturing environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
University Retirement Centers Inc provides essential housing and services designed specifically for elderly and handicapped individuals in Berrien Springs, MI. Through their operation of an 82-unit HUD subsidized apartment building, they offer a supportive living environment that caters to the physical, social, and psychological needs of their residents. By focusing on the well-being and comfort of this vulnerable population, University Retirement Centers Inc plays a crucial role in enhancing the quality of life for the elderly and handicapped individuals in their community.
This information is meant to be a general summary of University Retirement Centers 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 2023.
- Investment Income: $34
- Program Service Revenue: $743,331
- Gross Receipts: $751,938
Assets and Liabilities:
- Total Assets: $933,114
- Total Liabilities: $2,000,160
- Net Assets: -$1,067,046
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$476,094
RENT REVENUE
Revenue
$267,237
Organization Details
Founding Year
1979
Phone
(269) 471-1500Principal Officer
Valencia Mawuntu
Main Address
8689 US 31, BERRIEN SPRINGS, MI, 49103
Website
www.noneNTEE Category
Code: P75Z - Human services
If you are a representative of University Retirement Centers Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.