Overview
What is Virginia Union University?
Virginia Union University is a nonprofit institution located at 1500 North Lomardy Street, Richmond, VA 23220, dedicated to offering higher education opportunities on a non-discriminatory basis. The university's primary mission is to create a stimulating learning environment that empowers students to develop strong moral values while fostering the development of scholars, leaders, and lifelong learners. The organization, employing 141 individuals, invests in programs and services to support this mission.
Official website here: www.vuu.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90% (Four-Star out of Four Star rating)
Virginia Union University has received a strong rating of 90%, reflecting its solid performance in accountability and finance. The high score is derived entirely from its accountability and finance metrics, showcasing the organization's commitment to transparency and sound financial management. The university has demonstrated a robust governance structure, with 94% of its board members being independent, which enhances its credibility and oversight.
The university has established effective policies, including a conflict of interest policy, whistleblower policy, and a comprehensive document retention and destruction policy. These measures contribute to a culture of accountability, as evidenced by its perfect scores in several key areas, such as financial statements and the absence of material asset diversion. Moreover, Virginia Union University maintains a favorable liabilities-to-assets ratio, indicating a solid financial foundation.
However, while the program expense ratio is satisfactory at approximately 64.88%, it does suggest there could be a need for improvement in allocating resources toward programmatic activities. Overall, the organization is well-regarded for its governance practices, but it may benefit from a closer examination of its program expenditures to maximize its impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Virginia Union University?
90% of 422 reviewers on Facebook recommend Virginia Union University. Here is a summary of their reviews:
Many users express enthusiasm about the decision to lower tuition by 32%, indicating that financial accessibility is improving for students. This move has been well-received and is seen as a significant step towards making education more affordable at the university.
Overall, there’s a positive sentiment surrounding the university's initiative, with reviewers feeling optimistic about the future and the potential benefits for current and prospective students. The community seems to appreciate the institution's commitment to enhancing the educational experience while addressing cost concerns.
This AI summary has been generated from reviews found on Facebook.
Is Virginia Union University legitimate?
Virginia Union University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Union University 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: $951,289
Professional Fundraising Fees: $319,748
Other Salaries and Wages: $16,774,392
For more financial information, click here
Official website here: www.vuu.edu
What is the mission statement of Virginia Union University?
Virginia Union University is dedicated to creating a learning environment that is nurturing, intellectually stimulating, and spiritually enriching. This institution empowers students to develop strong moral values and aims to produce scholars, leaders, and lifelong learners. By providing higher education opportunities on a non-discriminatory basis, Virginia Union University strives to make a positive impact on its students' lives. Program expenses are geared towards achieving this mission and ensuring that students receive a well-rounded education.
Official website here: www.vuu.edu
Who is the CEO of Virginia Union University?
Gregory E Lewis is the Chairman of Virginia Union University.
Official website here: www.vuu.edu
What is the revenue of Virginia Union University?
Virginia Union University's revenue in 2023 was $50,984,411.
Official website here: www.vuu.edu
Who are the executives of Virginia Union University and what are their salaries?
The average compensation at Virginia Union University during 2023 was $125,714. There are 141 employees and 3 volunteers at Virginia Union University.
Here are 26 key members and their salaries:
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- Other: $18,687
Official website here: www.vuu.edu
Where can I find the form 990 for Virginia Union University?
Virginia Union University's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vuu.edu
Learn more at the official website: www.vuu.edu
Mission Statement of Virginia Union University
Virginia Union University, a higher education institution, is dedicated to creating a nurturing, intellectually stimulating, and spiritually enriching environment for learning. Empowering students is at the heart of its mission, inspiring them to develop strong moral values and grow into scholars, leaders, and lifelong learners. This supportive learning community fosters academic excellence and personal growth, embracing diversity and inclusivity on a non-discriminatory basis.
At Virginia Union University, education extends beyond the classroom. The institution is committed to fostering well-rounded individuals who are prepared for success in their chosen fields and in life. By fostering a strong sense of values, the university equips students with the essential skills and knowledge they need to become responsible, compassionate members of their communities. Through its intellectually challenging curriculum and supportive educational programs, Virginia Union University continues to develop leaders who will shape the future.
In summary, Virginia Union University is a beacon of higher education, providing opportunities for students to grow academically, morally, and personally. Its mission is to create an inclusive learning environment where students are empowered to develop strong values and become scholars, leaders, and lifelong learners. Virginia Union University's commitment to excellence in education and its dedication to fostering well-rounded individuals sets it apart as a leading institution.
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Impact
October, 2024
Virginia Union University (VUU) significantly impacts its community and beyond by offering a nurturing and intellectually stimulating environment that fosters personal and academic growth. Located in Richmond, Virginia, VUU empowers students to cultivate strong moral values while pursuing scholarly excellence. The university is committed to providing equitable higher education opportunities, ensuring inclusivity for all students regardless of background.
VUU's mission encompasses the development of scholars, leaders, and lifelong learners, equipping graduates with the skills and ethical grounding necessary to excel in various fields. By prioritizing both academic rigor and spiritual enrichment, Virginia Union University plays a vital role in creating well-rounded individuals poised to contribute positively to society. The institution not only prepares students for professional success but also instills a sense of civic responsibility, encouraging them to become active participants in their communities. Through its dedication to education and character development, VUU leaves a lasting imprint on the lives of its students, shaping the future leaders of our society.
This information is meant to be a general summary of Virginia Union University. 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 2023.
- Investment Income: $600,222
- Program Service Revenue: $28,851,321
- Gross Receipts: $62,664,290
Assets and Liabilities:
- Total Assets: $96,425,618
- Total Liabilities: $22,220,468
- Net Assets: $74,205,150
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$22,150,664
AUXILIARY SALES AND SERVICES
Revenue
$5,289,382
OTHER INCOME
Revenue
$1,411,275
Organization Details
Founding Year
1865
Phone
(804) 257-5600Principal Officer
Gregory E Lewis
Main Address
1500 NORTH LOMBARDY STREET, RICHMOND, VA, 23220
Website
www.vuu.eduNTEE Category
Code: B430 - Education
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