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Collegiate Housing Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 631173425 ✦ Fairhope, AL ✦ Designated as a 501(c)(3)

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Overview

What is Collegiate Housing Foundation?

The Collegiate Housing Foundation is a charitable organization based in Fairhope, Alabama, as stated in the provided PO Box address. Established for charitable, religious, and educational purposes, the foundation is dedicated to helping its member institutions in their educational missions. A significant aspect of their work involves providing student housing, specifically with a 6,604-bed facility in Irvine, California, for the University of California, Irvine. By offering housing solutions, the Collegiate Housing Foundation supports its members in enhancing the academic experience for their enrolled students.


Official website here: www.collegiatehousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Collegiate Housing Foundation has achieved a 77% score from Charity Navigator, which translates to a Three-Star rating. This rating is primarily based on the organization’s accountability and financial practices. The high score reflects strong governance, with 83% of board members being independent and a well-structured audit and oversight committee.

Despite its strengths, the organization has some areas for improvement. Notably, it lacks a whistleblower policy, which contributed to an overall accountability score of 77. Additionally, the liabilities to assets ratio is concerning at 107.12%, indicating potential financial risk. Nevertheless, the foundation demonstrates a commendable commitment to program expenses, allocating nearly 99% of its budget to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Collegiate Housing Foundation legitimate?

Collegiate Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collegiate Housing Foundation 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: $2,103,047
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.collegiatehousing.org

What is the mission statement of Collegiate Housing Foundation?

The Collegiate Housing Foundation is a charitable organization operating under Section 501(c)(3) of the U.S. Internal Revenue Code of 1986. Its primary purpose is to support educational institutions by helping their members provide housing for enrolled students and furthering their educational missions. The organization's activities are geared towards fulfilling these objectives, ensuring students have a place to live while pursuing their education.


Official website here: www.collegiatehousing.org

Who is the CEO of Collegiate Housing Foundation?

Brian M Blakeney is the Coo/President of Collegiate Housing Foundation.


Official website here: www.collegiatehousing.org

What is the revenue of Collegiate Housing Foundation?

Collegiate Housing Foundation's revenue in 2022 was $267,821,495.


Official website here: www.collegiatehousing.org

Who are the executives of Collegiate Housing Foundation and what are their salaries?

The average compensation at Collegiate Housing Foundation during 2022 was $420,609. There are 5 employees at Collegiate Housing Foundation.


Here are 10 key members and their salaries:


William B Givhan (Coo/President)
  • Compensation: $633,550
  • Related: $0
  • Other: $64,235
Thomas M Daly (Director)
  • Compensation: $26,250
  • Related: $0
  • Other: $0
Robert A Shearer (Director)
  • Compensation: $26,250
  • Related: $0
  • Other: $0
Leeman H Covey (Secretary)
  • Compensation: $26,250
  • Related: $0
  • Other: $0
John Brooks Slaughter (Treasurer)
  • Compensation: $26,250
  • Related: $0
  • Other: $0
John B Hicks (Vice President)
  • Compensation: $26,250
  • Related: $0
  • Other: $0
Janet Brown (Vp For Admin/Asst Secretary)
  • Compensation: $221,144
  • Related: $0
  • Other: $36,779
Brian M Blakeney (Chief Financial Officer)
  • Compensation: $410,000
  • Related: $0
  • Other: $47,281
Lyn R Cone (Executive Vp Of Project Operations)
  • Compensation: $232,875
  • Related: $0
  • Other: $22,701
Selina Simpson (Vp Of Insurance & Risk Management)
  • Compensation: $180,051
  • Related: $0
  • Other: $11,526


Official website here: www.collegiatehousing.org

Where can I find the form 990 for Collegiate Housing Foundation?

Collegiate Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.collegiatehousing.org

Learn more at the official website: www.collegiatehousing.org

Mission Statement of Collegiate Housing Foundation

The Collegiate Housing Foundation, a charitable organization recognized under section 501(c)(3) of the US Internal Revenue Code, is dedicated to serving educational institutions and their students. Its primary objectives are to help each member of the organization provide housing for their enrolled students and to assist them in furthering their educational missions. By doing so, the Collegiate Housing Foundation plays a pivotal role in ensuring that students have access to suitable living arrangements, which is essential for their academic success and overall well-being. The organization's charitable efforts extend beyond just housing, as it also works to support its members in achieving their educational goals.

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Impact




October, 2024

Collegiate Housing Foundation significantly enhances student life and educational opportunities by improving access to housing for enrolled university students. By providing a state-of-the-art student housing facility with 6,604 beds in Irvine, California, it addresses a critical need for safe and affordable accommodations near the University of California, Irvine.

This support not only alleviates housing shortages but also fosters a conducive learning environment. By ensuring that students have a stable living situation, the foundation enables them to focus on their educational goals and empowers institutions to further their missions effectively. Overall, Collegiate Housing Foundation plays a crucial role in shaping the academic success and well-being of students.




This information is meant to be a general summary of Collegiate Housing Foundation. 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.

Revenue
$267,821,495 (2022)
Expenses
$248,753,362 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42,354,238
  • Program Service Revenue: $224,627,004
  • Gross Receipts: $388,003,008

Assets and Liabilities:

  • Total Assets: $2,763,601,383
  • Total Liabilities: $2,945,440,497
  • Net Assets: -$181,839,114

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$210,950,823

SALES TYPE LEASE

Revenue

$6,125,583

CONVENIENCE INCOME

Revenue

$3,909,215

MISCELLANEOUS INCOME

Revenue

$2,472,843

FEES/FORFEITED DEPOSITS

Revenue

$1,168,540

Organization Details

Founding Year

1996

Principal Officer

Brian M Blakeney

Main Address

PO BOX 1385, FAIRHOPE, AL, 365331385

NTEE Category

Code: L400 - Housing

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