Overview
What is Wku Real Estate Corporation?
Wku Real Estate Corporation is a charitable civic-improvement organization situated in Bowling Green, Kentucky. Established to support Western Kentucky University (WKU), its primary missions involve contributing funds for endowed scholarships through the WKU Foundation and facilitating campus improvement projects, including real estate acquisition and construction. The corporation plays a significant role in enhancing WKU's infrastructure and educational opportunities.
What are the reviews and ratings of this charity?
Charity Navigator rating: 70% (Two-Star out of Four Star rating)
Wku Real Estate Corporation has received a Two-Star rating from Charity Navigator, indicating that while the organization performs adequately in some areas, there are significant concerns regarding its accountability and financial practices. The charity has a solid score for program expense ratio and fundraising efficiency, suggesting it effectively allocates resources towards its mission and maintains low fundraising costs.
However, the organization exhibits notable weaknesses, particularly in governance and transparency. The independent board size scored zero, and it lacks essential policies such as conflict of interest and whistleblower protections, which are critical for maintaining ethical operations. Additionally, the financial statements do not seem to undergo proper review or compilation, raising concerns about the financial oversight.
Overall, while Wku Real Estate Corporation shows a commitment to its programs, the lack of robust governance structures and transparency measures could undermine its effectiveness and public trust. Addressing these weaknesses would be crucial for improving its ratings and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Wku Real Estate Corporation legitimate?
Wku Real Estate Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wku Real Estate 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Wku Real Estate Corporation?
The WKU Real Estate Corporation serves a charitable and civic improvement purpose, established primarily to benefit Western Kentucky University. Its mission is to provide financial backing for endowed scholarships through the WKU Foundation, while also facilitating campus enhancements and real estate acquisitions or construction projects. Essentially, this organization aims to support and advance the educational institution by providing necessary funds and resources for its development.
Who is the CEO of Wku Real Estate Corporation?
Donald Smith is the Board Member of Wku Real Estate Corporation.
What is the revenue of Wku Real Estate Corporation?
Wku Real Estate Corporation's revenue in 2022 was $2,883,779.
Who are the executives of Wku Real Estate Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wku Real Estate Corporation?
Wku Real Estate Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wku Real Estate Corporation
WKU Real Estate Corporation, a charitable civic-improvement organization, was established with the primary objective of benefiting Western Kentucky University. Its mission revolves around providing financial support for endowed scholarships through the WKU Foundation. Furthermore, this organization facilitates campus improvement projects and plays a role in the acquisition and construction of real estate. This mission reflects WKU Real Estate Corporation's commitment to supporting the educational and developmental needs of Western Kentucky University.
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Impact
July, 2024
WKU Real Estate Corporation's impact can be seen through its significant contributions towards Western Kentucky University's academic excellence and campus development. By providing funds for endowed scholarships through the WKU Foundation, the corporation has helped countless students pursue their educational goals and succeed in their academic endeavors. Additionally, its involvement in facilitating campus improvement and real estate acquisition/construction projects has enhanced the overall environment and infrastructure of the university, creating a more conducive and modern learning space for students and faculty. Through its charitable initiatives, WKU Real Estate Corporation plays a pivotal role in supporting the growth and success of Western Kentucky University as a leading educational institution.
This information is meant to be a general summary of Wku Real Estate 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.
- Investment Income: -$43,088
- Gross Receipts: $3,660,073
Assets and Liabilities:
- Total Assets: $8,819,876
- Total Liabilities: $2,706,275
- Net Assets: $6,113,601
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Organization Details
Founding Year
1998
Phone
(270) 745-6421Principal Officer
Donald Smith
Main Address
1906 COLLEGE HEIGHTS BLVD 8093, BOWLING GREEN, KY, 42101
NTEE Category
Code: E122 - Health
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