Missouri State University Development Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 436060273 ✦ Springfield, MO ✦ Designated as a 501(c)(3)

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Overview

What is Missouri State University Development Corporation?

Missouri State University Development Corporation is a nonprofit organization based in Springfield, Missouri. Situated at 901 South National Avenue, this entity primarily assists in the advancement of Missouri State University. One of its key responsibilities includes leasing out parking spaces and warehouse spaces to the university. The corporation's mission is multifaceted, aiming to support the growth and development of Missouri State University through various means, though further details about these initiatives are not provided in the information.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (70%)

The Missouri State University Development Corporation has received a Two-Star rating from Charity Navigator, indicating that the organization is in need of improvement. While it excels in accountability and finance, scoring a perfect 100% in this area, there are significant gaps in transparency and governance practices that detract from its overall performance.

The organization boasts a fully independent board, which is a strength, scoring the maximum points for both independent board members and board size. Additionally, it maintains a high program expense ratio, demonstrating effective allocation of resources towards its mission. However, the lack of essential policies such as a conflict of interest policy and whistleblower protections raises concerns about its governance.

Limitations in transparency are particularly notable, with the absence of a posted tax form on its website and other critical documents missing. These shortcomings have negatively impacted its overall rating, despite strong financial management practices. Addressing these governance issues will be crucial for improving its standing and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Missouri State University Development Corporation legitimate?

Missouri State University Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri State University Development 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 Missouri State University Development Corporation?

The Missouri State University Development Corporation's mission is centered around aiding in the advancement of Missouri State University. This non-profit entity works towards achieving this goal by offering leased parking spaces and warehouse spaces to the university. Its primary objective is to support the growth and development of Missouri State University. The corporation does not explicitly state specific methods or initiatives, but its mission is clear in its commitment to assisting the university in its journey of progress.

Who is the CEO of Missouri State University Development Corporation?

Cindy Schull is the Treasurer of Missouri State University Development Corporation.

What is the revenue of Missouri State University Development Corporation?

Missouri State University Development Corporation's revenue in 2023 was $63,514.

Who are the executives of Missouri State University Development Corporation and what are their salaries?

There 9 volunteers at Missouri State University Development Corporation.


Here are 11 key members and their salaries:


Stephen C Foucart (Treasurer)
  • Compensation: $0
  • Related: $181,645
  • Other: $53,291
Rowena Stone (Secretary)
  • Compensation: $0
  • Related: $78,872
  • Other: $27,693
Amelia Counts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Frazier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Silvey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Parman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabe Gore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Waters (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Anson Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Kampeter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jay Wasson (Director End 07/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Missouri State University Development Corporation?

Missouri State University Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Missouri State University Development Corporation

Missouri State University Development Corporation, in its mission, aims to contribute to the advancement of Missouri State University. This nonprofit organization plays a pivotal role in providing leased parking spaces and warehouse spaces to the university, thereby supporting its growth and development. By offering these facilities, the corporation helps Missouri State University in its ongoing endeavors, contributing to its overall success.

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Impact




August, 2024

Missouri State University Development Corporation plays a crucial role in supporting the advancement of Missouri State University by providing leased parking spaces and warehouse spaces to the university. This assistance helps the university effectively manage its campus resources and facilities, ultimately contributing to the overall growth and success of Missouri State University. By fulfilling this mission, the corporation directly supports the educational goals and initiatives of the university, benefiting students, faculty, and the broader community.




This information is meant to be a general summary of Missouri State University Development 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.

Revenue
$63,514 (2023)
Expenses
$35,919 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $63,514
  • Gross Receipts: $63,514

Assets and Liabilities:

  • Total Assets: $1,450,322
  • Total Liabilities: $787,000
  • Net Assets: $663,322

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARKING LOT RENT

Revenue

$63,514

Organization Details

Founding Year

1965

Principal Officer

Cindy Schull

Main Address

901 SOUTH NATIONAL AVE, SPRINGFIELD, MO, 65897

NTEE Category

Code: B84 - Education

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