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University District Service Fund

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

EIN: 460468145 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is University District Service Fund?

The University District Service Fund is a nonprofit organization situated in Seattle, Washington. With a team of eight individuals, their primary focus is on fostering economic development, revitalizing the neighborhood, and enhancing livability within the Seattle University District. Their initiatives encompass various aspects, such as maintaining cleanliness, ensuring public safety, contributing to urban design, and organizing events and marketing activities. This nonprofit organization strives to uplift the district by improving its overall quality of life and creating a more vibrant community.


Official website here: www.udistrictpartnership.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

The University District Service Fund holds a 73% rating from Charity Navigator, indicating a Two-Star designation. The organization shows strengths in governance, with a fully independent board and effective financial oversight, scoring high marks in areas such as material diversion of assets and the presence of a conflict of interest policy. Their program expense ratio is particularly strong at 95.04%, suggesting that a significant portion of their funds is directed towards their programs.

However, the nonprofit faces several limitations that impact its overall score. Notably, it lacks important policies such as a whistleblower policy and document retention policy, which could affect transparency and accountability. Additionally, the organization has not posted its tax form on its website, a factor that detracts from its financial transparency.

While the high program expense ratio reflects a commitment to their mission, the absence of critical governance policies signals areas for improvement. Addressing these weaknesses could enhance the University District Service Fund’s accountability and performance in the eyes of donors and stakeholders.


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

Is University District Service Fund legitimate?

University District Service Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. University District Service Fund 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: $168,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $649,303

For more financial information, click here


Official website here: www.udistrictpartnership.org

What is the mission statement of University District Service Fund?

The University District Service Fund is dedicated to promoting economic development, revitalizing neighborhoods, and enhancing livability within a specific district. Their mission is accomplished through various programs, such as maintaining public cleanliness, ensuring safety, influencing urban design, organizing events, and implementing marketing strategies. The primary goal is to improve the overall quality of life in this particular district.


Official website here: www.udistrictpartnership.org

What is the revenue of University District Service Fund?

University District Service Fund's revenue in 2024 was $4,490,798.


Official website here: www.udistrictpartnership.org

Who are the executives of University District Service Fund and what are their salaries?

The average compensation at University District Service Fund during 2024 was $74,390. There are 11 employees and 75 volunteers at University District Service Fund.

Here are 23 key members and their salaries:


John Blakeney (Executive Director)
  • Compensation: $168,989
  • Related: $0
  • Other: $5,070
Lois Ko (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Hoard (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Peterson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Santhi Perumal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Antupit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Barr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Betz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Eknoian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Kenney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moe Khan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naomi Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maya Lu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anson Lin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Mercado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Schulze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Scully (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Shiga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Sorokina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Stabenfeldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.udistrictpartnership.org

Where can I find the form 990 for University District Service Fund?

University District Service Fund's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.udistrictpartnership.org

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

Mission Statement of University District Service Fund

The University District Service Fund is dedicated to fostering economic growth, enhancing the livability, and revitalizing the neighborhood in the Seattle University District. This nonprofit organization's mission is to contribute to the district's transformation by implementing programs aimed at improving its economy, enhancing its appeal, and ensuring a high quality of life for its residents. Some of the initiatives undertaken by the University District Service Fund include cleaning efforts, public safety measures, urban design projects, and promotional events and marketing activities. These programs are designed to attract businesses, create a vibrant community, and improve the overall experience for those living in or visiting the Seattle University District.

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Impact




July, 2024

The University District Service Fund significantly impacts the Seattle University District by focusing on economic development, neighborhood revitalization, and enhancing overall livability in the area. Through programs that emphasize cleaning, public safety, urban design, and events and marketing, the organization plays a vital role in improving the community. Its efforts contribute to a safer, cleaner, and more vibrant environment for residents, visitors, and businesses in the University District.




This information is meant to be a general summary of University District Service Fund. 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
$4,490,798 (2024)
201420152016201720172018201920202021202220232024$0$1.5M$3M$4.5M$6M
Expenses
$4,457,959 (2024)
201420152016201720172018201920202021202220232024$0$1.5M$3M$4.5M$6M
Efficiency
2014201520162017201720182019202020212022202320240%9%18%27%44%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $267
  • Program Service Revenue: $240,267
  • Gross Receipts: $4,490,798

Assets and Liabilities:

  • Total Assets: $1,130,004
  • Total Liabilities: $895,319
  • Net Assets: $234,685

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Programs

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

Program Revenue

Revenue

$240,267

Organization Details

Founding Year

2002

Principal Officer

John L Blakeney

Main Address

1415 NE 45th St Ste 401, Seattle, WA, 98105

NTEE Category

Code: S41 - Community improvement

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