Overview
What is Desarrollos Universitarios Inc?
Desarrollos Universitarios Inc, based in San Juan, Puerto Rico, serves as a nonprofit organization primarily focused on providing student housing and institutional facilities for the University of Puerto Rico (UPR). With a team of five dedicated individuals, they engage in development, construction, and operation of educational facilities, offering student housing, administrative offices, limited commercial spaces, and parking facilities. Their mission revolves around enhancing the educational environment for UPR students by catering to their housing needs and providing necessary administrative support.
Is Desarrollos Universitarios Inc legitimate?
Desarrollos Universitarios Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Desarrollos Universitarios 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: $264,869
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What is the mission statement of Desarrollos Universitarios Inc?
Desarrollos Universitarios Inc is committed to developing, constructing, and operating certain educational facilities for the benefit of a university. This includes providing student housing, administrative offices, limited commercial spaces, and parking facilities. Their mission is to enhance the educational environment of the university by offering necessary facilities, thereby contributing to the overall growth and development of the students. They aim to provide a conducive living and learning space for students, along with essential administrative support and limited commercial opportunities. The organization's primary focus is on ensuring the provision of student housing and institutional buildings for the university.
Who is the CEO of Desarrollos Universitarios Inc?
William Korber is the Dirc & Pres of Desarrollos Universitarios Inc.
What is the revenue of Desarrollos Universitarios Inc?
Desarrollos Universitarios Inc's revenue in 2023 was $4,106,614.
Who are the executives of Desarrollos Universitarios Inc and what are their salaries?
The average compensation at Desarrollos Universitarios Inc during 2023 was $52,974. There are 5 employees at Desarrollos Universitarios Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Desarrollos Universitarios Inc?
Desarrollos Universitarios Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Desarrollos Universitarios Inc
Desarrollos Universitarios Inc, a development organization, is dedicated to constructing and operating various facilities for the University of PR. Their mission encompasses providing student housing, administrative offices, and limited commercial spaces, as well as managing parking areas. The primary objective of this organization is to develop and operate certain educational facilities that benefit the University of PR, thereby contributing to the overall educational experience of its students. Furthermore, Desarrollos Universitarios Inc plays a crucial role in ensuring the availability of suitable living arrangements for students, as well as providing administrative support and limited commercial spaces, all while managing parking facilities effectively.
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Impact
October, 2024
Desarrollos Universitarios Inc plays a significant role in enhancing the educational landscape of the University of Puerto Rico. By focusing on the development, construction, and operation of essential facilities, the organization contributes to the academic environment and quality of life for students.
Its initiatives include the provision of student housing, which supports a more conducive living and learning experience for students by fostering community and collaboration. Additionally, the establishment of administrative offices and limited commercial spaces ensures that students have access to necessary services and amenities within close proximity, enhancing their overall campus experience.
Located in San Juan, the organization also addresses parking needs, a crucial factor for accessibility and convenience on campus. Through these efforts, Desarrollos Universitarios Inc directly impacts educational attainment, student satisfaction, and institutional growth at the University of Puerto Rico, thereby strengthening the region’s educational infrastructure.
This information is meant to be a general summary of Desarrollos Universitarios 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: $565,002
- Gross Receipts: $4,106,614
Assets and Liabilities:
- Total Assets: $67,094,183
- Total Liabilities: $52,496,252
- Net Assets: $14,597,931
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Organization Details
Principal Officer
William Korber
Main Address
3 AVE UNIVERSIDAD ADMIN, SAN JUAN, PR, 00925
NTEE Category
Code: B114 - Education
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