Overview
What is University Village Housing Inc?
University Village Housing Inc, located at 2420 Nicolet Drive, Green Bay, Wisconsin, is a nonprofit organization that provides affordable housing for approximately 1,500 students attending the University of Wisconsin-Green Bay. Their primary mission is to operate low-cost student housing in close proximity to the university, enabling students to fully leverage their educational opportunities. By offering affordable housing, this organization plays a significant role in supporting the academic success of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
University Village Housing Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This rating is primarily based on the organization's Accountability & Finance metrics, which indicate a solid commitment to financial transparency and governance practices. The charity boasts a fully independent board, achieving full points for independent board members and demonstrating effective oversight through its Audit and Oversight Committee.
The organization shows a strong Program Expense Ratio of 86.57%, indicating that a significant portion of its budget is dedicated to its programs rather than administrative costs. However, the Liabilities to Assets Ratio of 62.53% suggests that the organization could be facing some financial challenges, as a higher ratio indicates a greater level of debt relative to its assets.
While University Village Housing Inc demonstrates strengths in governance and spending on programs, potential donors may want to consider the financial sustainability reflected in its liabilities. Overall, those interested in supporting this nonprofit should weigh its positive governance practices against the financial ratios that raise questions about its long-term stability.
This AI summary has been generated from information found on Charity Navigator.
Is University Village Housing Inc legitimate?
University Village Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Village Housing 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: $8,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of University Village Housing Inc?
University Village Housing Inc's mission is centered around operating affordable student housing, positioned close to the University of Wisconsin - Green Bay. This endeavor aims to support students by providing them with a cost-effective living solution, thereby enabling them to fully utilize their educational opportunities. By offering on-campus housing for approximately 1,500 students attending the University of Wisconsin-Green Bay, the organization contributes to the academic success and overall well-being of the student population.
Who is the CEO of University Village Housing Inc?
Gerald Condon is the President of University Village Housing Inc.
What is the revenue of University Village Housing Inc?
University Village Housing Inc's revenue in 2023 was $6,580,315.
Who are the executives of University Village Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
Where can I find the form 990 for University Village Housing Inc?
University Village Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of University Village Housing Inc
University Village Housing Inc is dedicated to operating low-cost student housing adjacent to the University of Wisconsin - Green Bay. This mission is aimed at providing an opportunity for approximately 1,500 students attending the university to further their education without the financial burden of expensive housing. By offering affordable on-campus housing, University Village Housing Inc is effectively enabling these students to focus on their academic pursuits, thereby enhancing their overall educational experience.
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Impact
July, 2024
University Village Housing Inc's impact lies in providing on-campus low-cost housing for approximately 1,500 students attending the University of Wisconsin-Green Bay. By offering affordable housing options adjacent to the university, the organization enables students to further their educational opportunities without the burden of high housing costs. This initiative plays a key role in supporting student success by creating a conducive living environment that fosters academic achievement and promotes a sense of community among students. Additionally, University Village Housing Inc's efforts contribute to enhancing accessibility to higher education for students from various backgrounds, thereby promoting inclusivity and diversity within the university community.
This information is meant to be a general summary of University Village Housing 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: $426,028
- Program Service Revenue: $6,154,287
- Gross Receipts: $6,730,352
Assets and Liabilities:
- Total Assets: $70,020,602
- Total Liabilities: $43,785,855
- Net Assets: $26,234,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE REVENUE
Revenue
$6,147,249
LAUNDRY / VENDING
Revenue
$7,038
Organization Details
Founding Year
1984
Phone
(920) 465-2302Principal Officer
Gerald Condon
Main Address
2420 NICOLET DRIVE, GREEN BAY, WI, 543117001
NTEE Category
Code: L400 - Housing
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