Overview
What is Lock Haven University Student Auxiliary Services Inc?
Lock Haven University Student Auxiliary Services Inc is a nonprofit organization situated in Lock Haven, Pennsylvania. Its primary role involves collecting student activity fees and miscellaneous revenues, which are then allocated to various clubs, organizations, athletic programs, and used for general administration. The organization's University Store also provides course packs, supplies, clothing, and other merchandise for sale to students and the general public. As a liaison between the students and administration of Lock Haven University, it serves to support students' rights and values, seeking innovative solutions to overcome any obstacles. With a team of 36 employees, it operates as a progressive government that places emphasis on student welfare.
Official website here: www.lockhaven.edu/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
Lock Haven University Student Auxiliary Services Inc has received an 85% rating from Charity Navigator, reflecting a solid performance in Accountability & Finance. This score is primarily derived from the organization’s commitment to transparent financial practices and governance, including a fully independent board of directors. The rating indicates a strong focus on accountability, with comprehensive policies in place regarding conflict of interest, whistleblowing, and document retention.
The organization has demonstrated exemplary practices in its financial management, as evidenced by the absence of material diversion of assets and a favorable liabilities to assets ratio. Moreover, the presence of an audit and oversight committee further enhances its accountability framework. The program expense ratio shows that a significant portion of its expenditures is directed toward its programs, although this could be improved, suggesting there is some room for enhancing operational efficiency.
While the organization has set a strong foundation in governance and financial accountability, there may be areas for improvement, particularly in increasing the program expense ratio. Stakeholders and potential donors may want to consider this aspect when evaluating the organization’s overall impact and efficiency in utilizing resources for its intended mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lock Haven University Student Auxiliary Services Inc legitimate?
Lock Haven University Student Auxiliary Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lock Haven University Student Auxiliary Services 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: $178,295
Professional Fundraising Fees: $0
Other Salaries and Wages: $253,363
For more financial information, click here
Official website here: www.lockhaven.edu/
What is the mission statement of Lock Haven University Student Auxiliary Services Inc?
Lock Haven University Student Auxiliary Services Inc operates as a liaison between the university's students and administration, serving with a strong emphasis on supporting students' rights and values. This organization actively seeks innovative solutions to address any obstacles that arise. The primary activities of Lock Haven University Student Auxiliary Services include collecting student activity fees and miscellaneous revenues, which are then allocated to various clubs, organizations, athletic programs, and used for general administration. Additionally, the University Store, under the auspices of the Student Auxiliary Services, offers course packs, supplies, clothing, and merchandise for sale to both students and the general public.
Official website here: www.lockhaven.edu/
Who is the CEO of Lock Haven University Student Auxiliary Services Inc?
Regina Nestlerode is the President of Lock Haven University Student Auxiliary Services Inc.
Official website here: www.lockhaven.edu/
What is the revenue of Lock Haven University Student Auxiliary Services Inc?
Lock Haven University Student Auxiliary Services Inc's revenue in 2022 was $2,131,931.
Official website here: www.lockhaven.edu/
Who are the executives of Lock Haven University Student Auxiliary Services Inc and what are their salaries?
The average compensation at Lock Haven University Student Auxiliary Services Inc during 2022 was $11,990. There are 36 employees and 36 volunteers at Lock Haven University Student Auxiliary Services Inc.
Here are 9 key members and their salaries:
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- Compensation: $85,745
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- Other: $18,588
- Compensation: $70,565
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- Other: $18,588
Official website here: www.lockhaven.edu/
Where can I find the form 990 for Lock Haven University Student Auxiliary Services Inc?
Lock Haven University Student Auxiliary Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lockhaven.edu/
Learn more at the official website: www.lockhaven.edu/
Mission Statement of Lock Haven University Student Auxiliary Services Inc
Lock Haven University Student Auxiliary Services Inc serves as a bridge between the student body and the university administration. The organization's mission is deeply rooted in supporting the rights and values of students, while actively seeking innovative solutions to address any challenges they may face. This progressive government is committed to advocating for students, ensuring their voices are heard and their needs are met.
In practical terms, Lock Haven University Student Auxiliary Services Inc plays a pivotal role in managing student activities fees and miscellaneous revenues. These funds are then allocated to various clubs, organizations, athletic programs, and used for general administrative purposes. The organization also manages the University Store, which sells course packs, supplies, clothing, and other merchandise to both students and the general public. By providing these essential services, Lock Haven University Student Auxiliary Services Inc enhances the overall student experience, fostering a supportive and engaging environment within the university community.
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Impact
July, 2024
Lock Haven University Student Auxiliary Services Inc serves as a vital liaison between the students and administration of Lock Haven University. Its primary activities involve collecting student activity fees and other revenues to allocate towards clubs, organizations, athletic programs, and general administration. The organization also operates the University Store, providing essential supplies, clothing, and merchandise for students and the public. With a mission focused on supporting students' rights and values, Lock Haven University Student Auxiliary Services Inc plays a significant role in enhancing the student experience and fostering a sense of community at the university.
This information is meant to be a general summary of Lock Haven University Student Auxiliary Services 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.
- Investment Income: $281,804
- Program Service Revenue: $1,438,531
- Gross Receipts: $2,976,266
Assets and Liabilities:
- Total Assets: $6,031,450
- Total Liabilities: $368,392
- Net Assets: $5,663,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITY FEES
Revenue
$1,352,544
VENDING INCOME
Revenue
$53,682
ATHLETIC GATE RECEIPTS
Revenue
$27,818
COMMISSIONS INCOME
Revenue
$4,487
Organization Details
Founding Year
2011
Phone
(570) 484-2337Principal Officer
Regina Nestlerode
Main Address
401 NORTH FAIRVIEW STREET, LOCK HAVEN, PA, 17745
Website
www.lockhaven.edu/NTEE Category
Code: B80 - Education
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