Overview
What is Consortium Of Universities Of The Washington Metropolitan Area?
The Consortium of Universities of the Washington Metropolitan Area is a 501(c)(3) nonprofit organization, comprising 17 universities and three community colleges. Its primary purpose is to share resources within the Washington metropolitan area to promote educational, scientific, and literary facilities and programs. The consortium aims to prevent unnecessary duplication among participating institutions, enabling each to achieve a high degree of excellence in its total program. It encourages individual initiatives among the institutions to formulate new programs and procedures. Additionally, it facilitates cooperative arrangements, enabling specialized or unique educational programs offered by these institutions to be made available to students from other participating institutions. The Consortium Research Fellows Program provides technical and analytical support to the U.S. Army Research Institute for Behavioral and Social Science and the Air Force Research Laboratory/Human Effectiveness Directorate by providing students and faculty. As of the provided information, the consortium has a workforce of 115 individuals.
Official website here: www.consortium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Stars ating
The Consortium of Universities of the Washington Metropolitan Area has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial management. The organization scored highly, with a perfect score in the Accountability & Finance category, reflecting effective governance and transparency in its operations.
With an independent board consisting entirely of 18 members and robust policies in place, the Consortium demonstrates a strong commitment to ethical standards and oversight. The fiscal health is also notable, with a favorable liabilities to assets ratio and a program expense ratio that shows a significant portion of resources is directed towards its mission-related activities.
While the organization excels in financial accountability and the integrity of its governance structures, it is essential for potential donors and stakeholders to remain informed about its ongoing initiatives and impact in the community. Overall, the Consortium is positioned well within the nonprofit sector, showcasing dedication to its operational excellence.
This AI summary has been generated from information found on Charity Navigator.
Is Consortium Of Universities Of The Washington Metropolitan Area legitimate?
Consortium Of Universities Of The Washington Metropolitan Area is a legitimate nonprofit organization registered as a 501(c)(3) entity. Consortium Of Universities Of The Washington Metropolitan Area 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: $718,186
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,133,819
For more financial information, click here
Official website here: www.consortium.org
What is the mission statement of Consortium Of Universities Of The Washington Metropolitan Area?
The Consortium of Universities of the Washington Metropolitan Area is a nonprofit organization comprised of 17 universities and 3 community colleges. Its primary mission is to promote the enhancement of educational, scientific, and literary facilities and programs across participating higher education institutions in the Washington metropolitan area. The consortium aims to prevent unnecessary duplication, allowing each institution to achieve a high degree of excellence in its total program. It encourages individual initiatives among the institutions to develop new programs and procedures. Additionally, the consortium promotes cooperative arrangements, enabling the unique educational programs of these institutions to be made available to students regularly enrolled in one of them. The consortium also offers undergraduate, graduate, professional, and specialized work opportunities to students of participating institutions in the Washington metropolitan area, which could not be offered with the same proficiency and/or economy at the individual institutions.
Official website here: www.consortium.org
Who is the CEO of Consortium Of Universities Of The Washington Metropolitan Area?
Dr Andrew Flagel is the President/Ceo of Consortium Of Universities Of The Washington Metropolitan Area. The CEO's salary of Consortium Of Universities Of The Washington Metropolitan Area is $277,934 and their total compensation is $312,360.
Official website here: www.consortium.org
What is the revenue of Consortium Of Universities Of The Washington Metropolitan Area?
Consortium Of Universities Of The Washington Metropolitan Area's revenue in 2022 was $5,635,186.
Official website here: www.consortium.org
Who are the executives of Consortium Of Universities Of The Washington Metropolitan Area and what are their salaries?
The average compensation at Consortium Of Universities Of The Washington Metropolitan Area during 2022 was $33,496. There are 115 employees and 24 volunteers at Consortium Of Universities Of The Washington Metropolitan Area.
Here are 29 key members and their salaries (Consortium Of Universities Of The Washington Metropolitan Area's CEO's salary is $277,934 and their total compensation is $312,360):
- Compensation: $277,934
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- Other: $34,426
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- Other: $31,003
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- Other: $14,958
- Compensation: $115,655
- Related: $0
- Other: $28,336
- Compensation: $113,872
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Official website here: www.consortium.org
Where can I find the form 990 for Consortium Of Universities Of The Washington Metropolitan Area?
Consortium Of Universities Of The Washington Metropolitan Area's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.consortium.org
Learn more at the official website: www.consortium.org
Mission Statement of Consortium Of Universities Of The Washington Metropolitan Area
The Consortium of Universities of the Washington Metropolitan Area, a 501(C)(3) nonprofit organization, comprises 17 universities and 3 community colleges. Its primary mission is to promote the enhancement of educational, scientific, and literary facilities and programs within the participating institutions of higher education in the Washington Metropolitan Area. By preventing unnecessary duplication, each institution can strive for a high degree of excellence in its overall program. The Consortium also encourages individual initiatives among these institutions, fostering the development of new programs and procedures. Furthermore, it promotes cooperative arrangements, enabling the unique educational programs of these institutions to be made available to students enrolled in one of them. This nonprofit organization offers undergraduate, graduate, professional, and specialized work to students of participating institutions in the Washington Metropolitan Area, ensuring that these opportunities are offered with proficiency and economy that may not be achievable at the individual institutions.
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Impact
July, 2024
The Consortium of Universities of the Washington Metropolitan Area plays a crucial role in promoting the improvement of educational, scientific, and literary facilities among its member institutions. By fostering collaboration and sharing of resources among its 17 universities and 3 community colleges, the Consortium aims to prevent duplication and enhance the overall excellence of each institution's programs.
One of the key impacts of the Consortium is its Research Fellows Program, which provides technical and analytical support to organizations such as the U.S. Army Research Institute for Behavioral and Social Science and the Air Force Research Laboratory/Human Effectiveness Directorate. This program not only benefits the participating institutions but also contributes to the advancement of research in various fields.
Moreover, the Consortium facilitates cooperative arrangements that enable students to access specialized or unique educational programs that may not be available at their home institutions. By offering a wide range of undergraduate, graduate, professional, and specialized coursework, the Consortium enriches the educational experience and opens up new opportunities for students in the Washington Metropolitan Area.
Overall, the Consortium of Universities of the Washington Metropolitan Area has a significant impact on education, research, and collaboration within the region, making a valuable contribution to the academic community and beyond.
This information is meant to be a general summary of Consortium Of Universities Of The Washington Metropolitan Area. 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: $13
- Program Service Revenue: $917,176
- Gross Receipts: $5,635,186
Assets and Liabilities:
- Total Assets: $2,518,599
- Total Liabilities: $895,977
- Net Assets: $1,622,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES/DUES
Revenue
$899,710
NONFEDERAL CONTRACTS
Revenue
$10,000
SPONSORSHIPS
Revenue
$7,466
Organization Details
Founding Year
1966
Phone
(202) 331-8080Principal Officer
Dr Andrew Flagel
Main Address
1020 19TH STREET NW 500, WASHINGTON, DC, 20036
Website
www.consortium.orgNTEE Category
Code: B40C - Education
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