Overview
What is Sruf Campus Housing Inc?
Sruf Campus Housing Inc, based at Slippery Rock University of Pennsylvania, was founded in 2008 exclusively for educational, community, and charitable purposes. Their primary mission is to offer quality on-campus housing for students, maintaining an impressive 98.5% occupancy rate annually. With a total of 2,074 students housed across six residence halls, the organization spans 742,836 square feet. Each building is designed according to the United States Green Building Council Standards for sustainability. Safety features include multiple card-swipe access points, security cameras, and 24/7 staffed welcome desks at each entrance. Sruf Campus Housing Inc also makes contributions to tax-exempt organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Sruf Campus Housing Inc has received a two-star rating from Charity Navigator, reflecting a score of 71% that primarily hinges on its accountability and finance metrics. The organization has demonstrated strong governance practices, including having a fully independent board and robust financial oversight mechanisms, which are critical for maintaining transparency and accountability.
Despite these strengths, the organization faces significant challenges, notably indicated by its liabilities to assets ratio of 105.67%. This suggests that the organization may have a concerning level of debt compared to its assets, which could affect its financial stability in the long term. Nevertheless, the high program expense ratio of 99.35% indicates a strong focus on direct program services, which is a positive aspect for donors looking for effective use of funds.
Overall, while Sruf Campus Housing Inc shows commendable practices in governance and has successfully directed funds toward its programs, potential donors should consider its financial liabilities when assessing the organization's long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Sruf Campus Housing Inc legitimate?
Sruf Campus Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sruf Campus 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,350,835
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What is the mission statement of Sruf Campus Housing Inc?
Sruf Campus Housing Inc was established for educational, community, and charitable purposes. One of its primary goals is to offer on-campus housing for students at a university. Since its founding in 2008, the complex has consistently achieved high occupancy rates, averaging 98.5 percent annually. It houses over 2,000 students across six residences, totaling approximately 743,000 square feet. Each building is designed in accordance with the United States Green Building Council Standards. The organization places a strong emphasis on safety, with features such as card-swipe access points, security cameras, and 24/7 staffed welcome desks at building entrances. In addition to providing on-campus housing, Sruf Campus Housing Inc also contributes to tax-exempt organizations.
Who is the CEO of Sruf Campus Housing Inc?
Harry Bertrand is the Vice Chairman of Sruf Campus Housing Inc.
What is the revenue of Sruf Campus Housing Inc?
Sruf Campus Housing Inc's revenue in 2022 was $13,162,119.
Who are the executives of Sruf Campus Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $136,281
- Other: $10,118
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Where can I find the form 990 for Sruf Campus Housing Inc?
Sruf Campus Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sruf Campus Housing Inc
SRUF Campus Housing Inc, a charitable organization, was founded with a threefold mission: education, community, and general charitable purposes. One of its primary objectives is to offer on-campus housing to students attending Slippery Rock University of Pennsylvania. The complex, which comprises six residence halls, accommodates 2,074 students in a total area of 742,836 square feet. Each building adheres to the United States Green Building Council standards, reflecting the organization's commitment to sustainability.
Safety is another significant aspect of SRUF Campus Housing Inc's mission. The complex is equipped with multiple card-swipe access points, security cameras, and 24/7 staffed welcome desks at each building entrance. These features ensure the security and well-being of its residents. The organization's annual occupancy rates average 98.5 percent since its inception in 2008. In addition to providing housing for students, SRUF Campus Housing Inc also makes contributions to tax-exempt organizations.
By offering on-campus housing and supporting other charitable causes, SRUF Campus Housing Inc plays an integral role in enriching the educational experience for students at Slippery Rock University. It strives to create a safe, sustainable, and inclusive living environment that fosters academic success and personal growth for its residents.
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Impact
October, 2024
SRUF Campus Housing Inc. has a significant and positive impact on the educational experience at Slippery Rock University of Pennsylvania by providing high-quality, on-campus housing that fosters a supportive living environment for students. With an impressive annual occupancy rate of 98.5% since its inception in 2008, the housing complex accommodates 2,074 students across six residence halls, totaling 742,836 square feet.
The housing facilities offer a variety of suite configurations to cater to different student needs while adhering to the United States Green Building Council Standards, promoting sustainability on campus. Enhanced safety measures, including multiple card-swipe access points, security cameras, and 24/7 staffed welcome desks, ensure a secure living environment.
This organization not only enhances student life at Slippery Rock University but also contributes to fostering a vibrant campus community, encouraging student engagement, and providing essential resources that support academic success and personal growth. Through its commitment to these educational and community goals, SRUF Campus Housing Inc. plays a crucial role in creating an optimal living experience for students, thereby enriching their overall university journey.
This information is meant to be a general summary of Sruf Campus 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 2022.
- Investment Income: $16,470
- Program Service Revenue: $13,145,649
- Gross Receipts: $13,162,119
Assets and Liabilities:
- Total Assets: $97,548,572
- Total Liabilities: $104,457,956
- Net Assets: -$6,909,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING PROJECT
Revenue
$13,145,649
Organization Details
Founding Year
2015
Phone
(724) 738-2047Principal Officer
Harry Bertrand
Main Address
104 MALTBY AVENUE 100, SLIPPERY ROCK, PA, 16057
NTEE Category
Code: B19 - Education
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