Overview
What is University Properties Inc?
University Properties Inc., situated at 200 Prospect Street, East Stroudsburg, Pennsylvania, is a dedicated nonprofit organization. Its primary mission is to construct and manage student housing facilities on the campus of East Stroudsburg University of Pennsylvania. Having completed the construction phase, University Properties Inc. now leases these facilities, providing accommodation for students. The organization's work aims to contribute positively to the university community by offering suitable living spaces.
What are the reviews and ratings of this charity?
**Rating: Needs Improvement (Charity Navigator Score: 71%)**
University Properties Inc has received a two-star rating from Charity Navigator, primarily based on its accountability and finance metrics. While it excels in having a fully independent board and strong financial oversight, there are significant concerns regarding transparency and documentation practices. The absence of essential policies and missing information on its website significantly impacted its overall score.
The organization shows strengths in program expense allocation, indicating that a large majority of its budget goes toward its mission-driven activities. However, the liabilities exceeding assets suggest potential financial instability. The lack of a website listed on tax forms, along with missing whistleblower and document retention policies, raises questions about its governance practices.
No user reviews were found on GreatNonprofits to provide further insights into the public's perception of the organization. Prospective donors and supporters may want to consider these accountability issues while assessing their engagement with University Properties Inc.
This AI summary has been generated from information found on Charity Navigator.
Is University Properties Inc legitimate?
University Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Properties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of University Properties Inc?
University Properties Inc., as a non-profit organization, is dedicated to constructing and leasing student housing facilities on university campuses. Their primary mission is to provide suitable accommodation for students, thereby contributing to their academic experience. By overseeing the construction and maintenance of these housing units, University Properties Inc. aims to enhance the overall living standards of students, thereby fostering a conducive learning environment. Currently, they have completed the construction of student housing facilities and are now offering these facilities for rent.
Who is the CEO of University Properties Inc?
Jeffrey Snyder is the President/Chairman of University Properties Inc.
What is the revenue of University Properties Inc?
University Properties Inc's revenue in 2023 was $7,769,160.
Who are the executives of University Properties Inc and what are their salaries?
There 14 volunteers at University Properties Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for University Properties Inc?
University Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of University Properties Inc
University Properties Inc, as a non-profit organization, is dedicated to constructing and managing student housing facilities on the campus of East Stroudsburg University of Pennsylvania. Its mission is to provide suitable accommodations for students, ensuring a comfortable living environment during their academic endeavors. University Properties Inc achieves this by overseeing the construction and maintenance of student housing facilities, which are then rented out to the university's student population. By offering this service, the organization aims to contribute to the overall success and well-being of the students, making their university experience more enriching and convenient.
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Impact
July, 2024
University Properties Inc's impact lies in providing essential student housing on the campus of East Stroudsburg University of Pennsylvania. By constructing, maintaining, and renting out student housing facilities, UPI plays a critical role in ensuring that students have a safe and comfortable place to live while pursuing their education. This not only contributes to the overall well-being and academic success of the students but also fosters a sense of community and belonging within the campus environment. UPI's efforts in providing affordable and convenient housing options support the mission of East Stroudsburg University and positively impact the student experience.
This information is meant to be a general summary of University Properties 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 2023.
- Investment Income: $360,464
- Program Service Revenue: $6,928,356
- Gross Receipts: $7,769,160
Assets and Liabilities:
- Total Assets: $58,993,268
- Total Liabilities: $65,979,504
- Net Assets: -$6,986,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$6,928,225
Lease Processing
Miscellaneous Income
Revenue
$131
Organization Details
Founding Year
2004
Phone
(610) 840-0239Principal Officer
Jeffrey Snyder
Main Address
200 Prospect Street, East Stroudsburg, PA, 183012999
NTEE Category
Code: L80 - Housing
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