Overview
What is University Of Kansas Memorial Corporation?
The University of Kansas Memorial Corporation, located at 1301 Jayhawk Boulevard in Lawrence, Kansas, is a nonprofit organization that functions as a concessionaire to the University of Kansas. By managing various enterprises within the Kansas Union Building, Burgess Union, Edwards Campus Union, residential dining halls, and other university properties on campus, they facilitate community exchange and engagement. Their operations include food services, such as residential dining and union concessions, and bookstore operations, which provide students with essential school supplies and materials. With a workforce of over 1100 employees, the Memorial Union contributes to the University community by offering engaging environments and programs for students, staff, faculty, alumni, and visitors.
Official website here: www.union.ku.edu
What are the reviews and ratings of this charity?
The University Of Kansas Memorial Corporation has received a Four-Star out of Four Star rating from Charity Navigator, with an overall score of 90%. This high rating reflects strong performance in the Accountability & Finance category, indicating the organization is effectively managing its finances and operates with a high level of transparency.
The charity excels in various metrics related to governance, such as having an independent board and comprehensive financial audits. The organization scored the maximum points in areas like conflict of interest policies, whistleblower protections, and documentation practices, showcasing a commitment to ethical management and accountability.
However, there are some areas for improvement, notably the Liabilities to Assets Ratio, where it scored lower compared to other metrics. This suggests a need for the organization to focus on balancing its liabilities and assets more effectively to enhance overall financial health. Overall, the University Of Kansas Memorial Corporation demonstrates a solid foundation in accountability and finance, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about University Of Kansas Memorial Corporation?
Although the University Of Kansas Memorial Corporation currently has not yet received an official rating, there are early insights from the reviews available. One review highlights a positive experience, expressing a strong overall sentiment towards the organization and its offerings, while also noting that the food options could be improved.
While the feedback is limited, it suggests that there is appreciation for the services provided by the nonprofit, though there is room for growth in terms of food variety. Overall, the sentiments indicate that the University Of Kansas Memorial Corporation is making a good impression among its early reviewers.
This AI summary has been generated from reviews found on Facebook.
Is University Of Kansas Memorial Corporation legitimate?
University Of Kansas Memorial Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Kansas Memorial 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: $251,114
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,324,771
For more financial information, click here
Official website here: www.union.ku.edu
What is the mission statement of University Of Kansas Memorial Corporation?
The University of Kansas Memorial Corporation operates as a concessionaire for the University of Kansas, managing various enterprises within the Kansas Union Building, Burgess Union, Edwards Campus Union, residential dining halls, and other campus properties. Their mission is to facilitate community exchange by providing engaging environments and compelling programs for students, staff, faculty, alumni, and visitors. Through food service, residential dining, union concessions, and bookstore operations, they support student needs by supplying meals, essential supplies, and educational resources. The Memorial Union functions as a hub for open dialogue and inclusiveness, fostering a better University environment and community at large.
Official website here: www.union.ku.edu
Who is the CEO of University Of Kansas Memorial Corporation?
Unavailable
Official website here: www.union.ku.edu
What is the revenue of University Of Kansas Memorial Corporation?
University Of Kansas Memorial Corporation's revenue in 2022 was $34,576,041.
Official website here: www.union.ku.edu
Who are the executives of University Of Kansas Memorial Corporation and what are their salaries?
The average compensation at University Of Kansas Memorial Corporation during 2022 was $7,286. There are 1177 employees and 19 volunteers at University Of Kansas Memorial Corporation.
Here are 23 key members and their salaries:
- Compensation: $135,964
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- Other: $21,232
- Compensation: $115,150
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- Other: $6,099
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- Related: $138,063
- Other: $31,285
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- Related: $218,877
- Other: $44,160
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Official website here: www.union.ku.edu
Where can I find the form 990 for University Of Kansas Memorial Corporation?
University Of Kansas Memorial Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.union.ku.edu
Learn more at the official website: www.union.ku.edu
Mission Statement of University Of Kansas Memorial Corporation
University of Kansas Memorial Corporation, commonly known as KU Memorial Union (KUMU), plays a vital role in the University of Kansas community as a concessionaire. This role entails operating various enterprises within the Kansas Union Building, Burgess Union, Edwards Campus Union, residential dining halls, and other university properties.
In essence, KU Memorial Union acts as a facilitator, fostering a space where all voices can be heard and conversations can take place. By promoting openness, engagement, and inclusiveness, KUMU supports students' aspirations for a better university and community at large.
Through its diverse business operations, KUMU enriches the community experience for students, staff, faculty, alumni, and visitors. The Kansas Union, DeBruce Center, KU Dining Services, and KU Bookstore are some of the key enterprises managed by KUMU. These facilities offer engaging environments and compelling programs, contributing significantly to the vibrant campus life.
KUMU's mission materializes through its commitment to providing essential services. In the realm of food and residential dining, KUMU ensures that University students are well-fed, offering meals that cater to various dietary needs and preferences. The union concessions extend beyond the residential dining halls, providing additional food and supplies that cater to the diverse needs of the student body. Lastly, bookstore operations by KUMU ensure that students have access to necessary school materials, helping them succeed academically.
In summary, the University of Kansas Memorial Corporation, or KU Memorial Union, is an integral part of the University of Kansas community. By managing various enterprises within the campus, KUMU enriches the community experience and fosters a vibrant, inclusive environment where all voices can be heard.
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Impact
October, 2024
The University of Kansas Memorial Corporation significantly enhances campus life and community engagement at the University of Kansas. By operating key facilities such as the Kansas Union, Burge Union, Edwards Campus Union, and various residential dining halls, it creates vibrant spaces where students, faculty, staff, alumni, and visitors can gather, interact, and collaborate.
The Memorial Corporation's mission revolves around fostering inclusiveness, openness, and engagement, ensuring that all voices within the university community can be heard. By providing essential services like food and dining options, retail through the KU Bookstore, and facilitating various programs, it supports the daily lives and aspirations of students.
Moreover, the Kansas Union and its associated venues function as community centers, offering a range of activities and events that strengthen the campus community. This not only enriches the educational experience but also promotes a sense of belonging among individuals from diverse backgrounds. Overall, the University of Kansas Memorial Corporation plays a pivotal role in enhancing the educational environment and nurturing community connections within the university.
This information is meant to be a general summary of University Of Kansas Memorial 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37,336
- Program Service Revenue: $29,967,566
- Gross Receipts: $34,576,041
Assets and Liabilities:
- Total Assets: $21,303,127
- Total Liabilities: $8,296,911
- Net Assets: $13,006,216
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Bookstore & Dining Revenue
Revenue
$26,500,637
STUDENT FEES
Revenue
$2,869,274
Rental Income From Related Org
Revenue
$597,655
Organization Details
Founding Year
1921
Phone
(785) 864-5215Main Address
1301 Jayhawk Boulevard, Lawrence, KS, 66045
Website
www.union.ku.eduNTEE Category
Code: B43 - Education
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