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Fund For Ucap Realty Company

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

EIN: 455298826 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Fund For Ucap Realty Company?

Fund for Ucap Realty Company is a nonprofit organization situated at 75 Carpenter Street, Providence, Rhode Island (RI 02903). Their primary objective is to acquire, finance, develop, and lease land along with a school building, which is then leased to two non-profit entities. The organization's mission revolves around supporting these non-profits by providing them with necessary resources, thereby contributing positively to the community.


Official website here: www.ucap.org

Is Fund For Ucap Realty Company legitimate?

Fund For Ucap Realty Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Ucap Realty Company 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


Official website here: www.ucap.org

What is the mission statement of Fund For Ucap Realty Company?

The Fund for Ucap Realty Company's mission revolves around acquiring, financing, developing, and leasing land and a school building. This organization primarily focuses on leasing the property to two non-profit entities. In addition, they are responsible for maintaining the leased property to ensure its continued use for the intended purposes. The company's activities are geared towards providing the necessary infrastructure for these non-profit entities, thereby contributing to their operations.


Official website here: www.ucap.org

Who is the CEO of Fund For Ucap Realty Company?

Lynn Prentiss is the President (Until 6/30/21) of Fund For Ucap Realty Company.


Official website here: www.ucap.org

What is the revenue of Fund For Ucap Realty Company?

Fund For Ucap Realty Company's revenue in 2022 was $742,311.


Official website here: www.ucap.org

Who are the executives of Fund For Ucap Realty Company and what are their salaries?

There 2 volunteers at Fund For Ucap Realty Company.


Here are 5 key members and their salaries:


Michael Finley (President (Until 6/30/21))
  • Compensation: $0
  • Related: $98,355
  • Other: $25,424
Carrie Chekal (Secretary)
  • Compensation: $0
  • Related: $74,344
  • Other: $12,441
Lynn Prentiss (President (As Of 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Haffenreffer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gib Conover (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ucap.org

Where can I find the form 990 for Fund For Ucap Realty Company?

Fund For Ucap Realty Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ucap.org

Learn more at the official website: www.ucap.org

Mission Statement of Fund For Ucap Realty Company

The Fund for Ucap Realty Company's mission involves proactively acquiring, financing, developing, and leasing land and a school building. This organization is committed to supporting two non-profit entities by providing them with a suitable space for their operations. By leasing this property, the Fund for Ucap Realty Company contributes to the stable operation of these non-profits. Furthermore, the company is responsible for the maintenance of the leased property, ensuring that it remains in good condition for the benefit of its tenants. In essence, the Fund for Ucap Realty Company plays a vital role in facilitating the growth and success of these non-profit entities by providing them with a suitable and well-maintained facility.

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Impact




October, 2024

Fund For Ucap Realty Company plays a significant role in enhancing community resources by acquiring, financing, developing, and leasing land and school facilities. By focusing its efforts on maintaining and leasing properties, it ensures that vital educational infrastructure is available to support two nonprofit entities. This mission directly contributes to strengthening local educational opportunities and human services in Providence, RI.

The company's work not only fosters the development of essential land and structures but also creates a stable environment for educational programs to thrive. By prioritizing the leasing of these resources, Fund For Ucap Realty Company helps optimize the use of assets that are critical for community engagement, learning, and growth. Its impact is felt through improved access to educational facilities and support for organizations dedicated to serving the community's needs effectively.




This information is meant to be a general summary of Fund For Ucap Realty Company. 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
$742,311 (2022)
Expenses
$647,895 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $742,311

Assets and Liabilities:

  • Total Assets: $6,212,038
  • Total Liabilities: $1,353,053
  • Net Assets: $4,858,985

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Organization Details

Founding Year

2012

Principal Officer

Lynn Prentiss

Main Address

75 CARPENTER STREET, PROVIDENCE, RI, 02903

NTEE Category

Code: P117 - Human services

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