Overview
What is Universities Research Association Inc?
Universities Research Association Inc., a nonprofit organization based in Washington D.C., is dedicated to fostering research and education in the scientific fields. Through a partnership with the National Technology & Engineering Solutions of Sandia LLC (NTESS), URA assists in managing and operating Sandia National Laboratories. URA's mission is to establish and run national facilities that promote research, development, and education in the physical and biological sciences, thereby advancing knowledge, fostering innovation, and educating future generations of scientists. As of the provided information, URA has a modest workforce of 13 individuals. The organization's activities also include a significant expansion in its role, facilitating scientific excellence, promoting the talent pipeline, and strengthening strategic engagement with academia. This partnership has been extended for an additional five years, extending its reach and impact.
Official website here: www.ura-hq.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating
Universities Research Association Inc has received a rating of 72% from Charity Navigator, which places it in the Two-Star category. This rating reflects the organization’s strong performance in accountability and finance, scoring a perfect 100% on various metrics related to governance and transparency, including independent board membership and financial oversight.
The strengths of the organization lie in its robust governance practices, with all board members being independent and comprehensive policies in place such as conflict of interest and whistleblower policies. Additionally, the organization has no material diversion of assets, indicating strong financial integrity and responsible management of resources.
However, the organization faces a challenge with its program expense ratio, scoring significantly lower at 50.88%, which may suggest that a smaller portion of its expenses is directed towards programs compared to administrative costs. This could raise concerns for potential donors regarding the effectiveness of fund allocation towards mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is Universities Research Association Inc legitimate?
Universities Research Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Universities Research Association 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: $1,808,825
Professional Fundraising Fees: $0
Other Salaries and Wages: $481,792
For more financial information, click here
Official website here: www.ura-hq.org
What is the mission statement of Universities Research Association Inc?
Universities Research Association Inc., a nonprofit organization, is dedicated to advancing research, development, and education in the physical and biological sciences. Their mission is to establish and manage national laboratories and facilities for these purposes, with the aim of expanding the frontiers of knowledge, fostering innovation, and nurturing future generations of scientists. The association operates in the national interest, seeking to promote learning and discovery in these scientific fields.
Official website here: www.ura-hq.org
Who is the CEO of Universities Research Association Inc?
John Mester is the Executive Director of Universities Research Association Inc.
Official website here: www.ura-hq.org
What is the revenue of Universities Research Association Inc?
Universities Research Association Inc's revenue in 2022 was $6,414,512.
Official website here: www.ura-hq.org
Who are the executives of Universities Research Association Inc and what are their salaries?
The average compensation at Universities Research Association Inc during 2022 was $176,201. There are 13 employees and 13 volunteers at Universities Research Association Inc.
Here are 21 key members and their salaries:
- Compensation: $540,327
- Related: $0
- Other: $29,779
- Compensation: $307,390
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- Other: $66,308
- Compensation: $252,186
- Related: $0
- Other: $26,416
- Compensation: $192,442
- Related: $0
- Other: $21,868
- Compensation: $162,245
- Related: $0
- Other: $18,703
- Compensation: $131,250
- Related: $0
- Other: $24,412
- Compensation: $125,108
- Related: $0
- Other: $21,473
- Compensation: $117,232
- Related: $0
- Other: $21,105
- Compensation: $0
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Official website here: www.ura-hq.org
Where can I find the form 990 for Universities Research Association Inc?
Universities Research Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ura-hq.org
Learn more at the official website: www.ura-hq.org
Mission Statement of Universities Research Association Inc
Universities Research Association Inc, a nonprofit membership corporation, is dedicated to furthering research, development, and education in the fields of physical and biological sciences. Its mission is twofold: establishing and managing laboratories and facilities for these purposes, and expanding the boundaries of knowledge, fostering innovation, and nurturing the education of future generations of scientists. By operating national laboratories in the national interest, URA aims to push the frontiers of scientific understanding, stimulate innovation, and contribute to the development of the next wave of scientists.
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Impact
July, 2024
Universities Research Association Inc's impact is significant in facilitating and managing laboratories for research and education in the physical and biological sciences. One of its key contributions is its involvement in the management and operation of Sandia National Laboratories through a subcontract with NTESS. This partnership aims to assure scientific excellence, promote the talent pipeline, and facilitate strategic engagement with academia. By expanding the frontiers of knowledge, fostering innovation, and educating future generations of scientists, Universities Research Association Inc plays a crucial role in advancing science research.
This information is meant to be a general summary of Universities Research Association 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: $736,701
- Program Service Revenue: $5,146,451
- Gross Receipts: $9,998,363
Assets and Liabilities:
- Total Assets: $18,569,709
- Total Liabilities: $708,974
- Net Assets: $17,860,735
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NTESS
Revenue
$3,837,153
DISTRIBUTION FROM FRA
Revenue
$1,309,298
Organization Details
Founding Year
1965
Phone
(202) 293-1382Principal Officer
John Mester
Main Address
1140 19TH STREET NW 900, WASHINGTON, DC, 20036
Website
www.ura-hq.orgNTEE Category
Code: U30 - Science research
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