Overview
What is Concord University Research And Development Corporation?
Concord University Research and Development Corporation is a nonprofit organization, situated in Athens, West Virginia. Its primary purpose is to support Concord University in achieving its mission to promote scholarly research and serve the community. This is accomplished through the operation of the CU Child Development Center, located on campus grounds. The corporation acts as a fiduciary agent, ensuring financial integrity for grants awarded for research and development in various disciplines at Concord University, including natural and social sciences, humanities, art, and other academic divisions. In essence, it assists the university in managing sponsored programs to further its research objectives. The organization employs a team of 118 individuals dedicated to this mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Concord University Research and Development Corporation has earned a Three-Star rating, indicating a fair level of accountability and finance management. The rating is solely based on the Accountability & Finance score of 79%, reflecting the organization's commitment to fiscal responsibility. This score suggests that while there are areas of strength, there may also be some concerns regarding governance and transparency.
One notable strength is the organization's high program expense ratio of 92.10%, which indicates that a significant portion of its expenditures goes directly to its programs, demonstrating an effective use of funds. Additionally, the organization has robust policies in place, such as a conflict of interest policy and a whistleblower policy, each scoring the maximum points. These policies contribute to an overall sense of accountability within the organization.
However, there are limitations that may raise questions about governance. The board of directors lacks independent majority members, scoring 0 out of 8 points, which may impact the organization's oversight capabilities. Additionally, the nonprofit has not made its tax forms available on its website, which could hinder transparency. Improving these areas may enhance its accountability and overall perception.
This AI summary has been generated from information found on Charity Navigator.
Is Concord University Research And Development Corporation legitimate?
Concord University Research And Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord University Research And Development 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: $4,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,128
For more financial information, click here
What is the mission statement of Concord University Research And Development Corporation?
The Concord University Research and Development Corporation serves to uphold financial integrity for grants awarded for research and development in various disciplines at Concord University (CU), such as natural sciences, social sciences, humanities, art, and other academic divisions. It acts as the fiscal agent for sponsored programs at CU to aid in its mission. The corporation's primary goal is to support Concord University in achieving its mission of fostering scholarly research and serving the community through the Concord University Child Development Center. It ensures that grants are managed effectively and that the university can focus on its mission of advancing knowledge and providing community services.
Who is the CEO of Concord University Research And Development Corporation?
Kendra Boggess is the Chairperson of Concord University Research And Development Corporation.
What is the revenue of Concord University Research And Development Corporation?
Concord University Research And Development Corporation's revenue in 2022 was $1,165,358.
Who are the executives of Concord University Research And Development Corporation and what are their salaries?
The average compensation at Concord University Research And Development Corporation during 2022 was $5,186. There are 118 employees and 1 volunteer at Concord University Research And Development Corporation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $66,192
- Other: $0
- Compensation: $0
- Related: $98,912
- Other: $0
- Compensation: $0
- Related: $97,247
- Other: $0
- Compensation: $0
- Related: $211,823
- Other: $0
- Compensation: $0
- Related: $103,177
- Other: $0
- Compensation: $0
- Related: $121,333
- Other: $0
- Compensation: $0
- Related: $58,385
- Other: $6,613
- Compensation: $0
- Related: $77,294
- Other: $3,543
- Compensation: $0
- Related: $62,570
- Other: $3,865
- Compensation: $3,750
- Related: $0
- Other: $1,096
Where can I find the form 990 for Concord University Research And Development Corporation?
Concord University Research And Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Concord University Research And Development Corporation
Concord University Research and Development Corporation's mission is centered around maintaining fiscal integrity for research and development grants awarded in various disciplines at Concord University (CU). This includes natural and social sciences, humanities, art, and other academic divisions. The corporation serves as the fiscal agent for sponsored programs at CU, assisting the university in achieving its mission to foster scholarly research and serve the community through the Concord University Child Development Center, located on campus grounds. In essence, the corporation's role is to ensure the proper management and allocation of financial resources for research and development projects at Concord University, thereby contributing to the university's mission of academic excellence and community service.
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Impact
July, 2024
Concord University Research And Development Corporation plays a crucial role in maintaining fiduciary integrity for grants awarded for research and development across major disciplines at Concord University (CU), including natural and social sciences, humanities, arts, and other academic divisions. It serves as the fiscal agent for sponsored programs at CU, assisting in the university's mission. Additionally, it provides auxiliary support to CU to foster scholarly research and serve the community through services like the CU Child Development Center on campus. The organization's impact is significant in supporting scientific research and academic development at Concord University, ultimately contributing to advancements in various fields and benefiting the local community.
This information is meant to be a general summary of Concord University Research And Development 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.
- Program Service Revenue: $517,561
- Gross Receipts: $1,165,358
Assets and Liabilities:
- Total Assets: $2,269,021
- Total Liabilities: $1,069,867
- Net Assets: $1,199,154
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD DEVELOPMENT CENT
Revenue
$517,561
Organization Details
Founding Year
1999
Phone
(304) 384-5210Principal Officer
Kendra Boggess
Main Address
PO BOX 1000 D-142, ATHENS, WV, 24712
NTEE Category
Code: U99 - Science research
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