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University Co-Operative Society

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

EIN: 740960070 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is University Co-Operative Society?

The University Co-Operative Society is a vibrant nonprofit organization based in Austin, Texas, located at 2246 GuadalUpe Street, ZIP code 78705. Its primary mission revolves around providing essential goods and services to the University of Texas' students, faculty, and staff, benefiting approximately 50,000 individuals. The organization operates as a college bookstore, generating proceeds from sales that are donated back to the University of Texas. The Society's objective is to enrich the lives of those affiliated with the university through a well-loved shopping, working, and connecting experience. With a dedicated workforce of around 261 employees, the University Co-Operative Society fosters a strong sense of community and engagement within the University of Texas at Austin campus.


Official website here: www.universitycoop.com

Is University Co-Operative Society legitimate?

University Co-Operative Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Co-Operative Society 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: $1,005,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,450,324

For more financial information, click here


Official website here: www.universitycoop.com

What is the mission statement of University Co-Operative Society?

The University Co-Operative Society aims to enhance the lives of students, faculty, and staff at the University of Texas through a beloved shopping destination. By selling a range of goods and services, the organization generates funds that are donated to the university. The Society's mission is to create a business where people are drawn to shop, work, and connect. Approximately 50,000 individuals associated with the university benefit from the products and services offered by this cooperative.


Official website here: www.universitycoop.com

Who is the CEO of University Co-Operative Society?

Cheryl Phifer is the Faculty Director of University Co-Operative Society. The CEO's salary of University Co-Operative Society is $385,271 and their total compensation is $424,117.


Official website here: www.universitycoop.com

What is the revenue of University Co-Operative Society?

University Co-Operative Society's revenue in 2022 was $12,293,073.


Official website here: www.universitycoop.com

Who are the executives of University Co-Operative Society and what are their salaries?

The average compensation at University Co-Operative Society during 2022 was $17,073. There are 261 employees at University Co-Operative Society.


Here are 20 key members and their salaries (University Co-Operative Society's CEO's salary is $385,271 and their total compensation is $424,117):


Diane Bryant (Faculty Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Campbell (Independent Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ciaran Trace (Faculty Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collin Mccabe (Student Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Benton (Independent Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cooper Shear (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Fernandez De Martino (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bonin-Rodriguez (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Sonnier (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devon Hsiao (Student Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Haynes (Faculty Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Yu (Student Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hansen (Student Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorenzo Sadun (Faculty Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Phifer (President/Ceo)
  • Compensation: $385,271
  • Related: $0
  • Other: $38,846
Kristen Huffman (Coo)
  • Compensation: $102,897
  • Related: $0
  • Other: $20,158
Michael Seyffert (Cfo)
  • Compensation: $160,509
  • Related: $0
  • Other: $11,215
Tim Busby (Coo)
  • Compensation: $39,596
  • Related: $0
  • Other: $0
Kelli Hanks (Store Director)
  • Compensation: $120,382
  • Related: $0
  • Other: $30,222
Alejandro Martinez (Director Of Mis)
  • Compensation: $105,717
  • Related: $0
  • Other: $10,156


Official website here: www.universitycoop.com

Where can I find the form 990 for University Co-Operative Society?

University Co-Operative Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.universitycoop.com

Learn more at the official website: www.universitycoop.com

Mission Statement of University Co-Operative Society

University Co-Operative Society, also known as UCO, is a mission-driven organization dedicated to enhancing the lives of students, faculty, and staff at the University of Texas at Austin. By operating a beloved college bookstore, UCO provides essential goods and services, with the proceeds from sales generously donated back to the university.

UCO's primary objective is to create an engaging shopping experience where the university community thrives. With approximately 50,000 individuals benefiting from their offerings, the Society fosters a strong sense of connection within the university population. UCO's commitment to improving lives extends beyond just selling goods; it's about fostering a vibrant community where people enjoy shopping, working, and engaging with one another.

The University Co-Operative Society's mission is multifaceted. It starts with providing necessary goods and services that cater to the needs of students, faculty, and staff at the University of Texas. This includes textbooks, school supplies, and other essential items that contribute to the academic and personal growth of the university community. Moreover, UCO is more than just a bookstore; it's a cornerstone of the university that promotes engagement and fosters connections between students, faculty, and staff. The Society prides itself on creating an inclusive, welcoming environment where every individual feels valued and supported.

In conclusion, University Co-Operative Society, or UCO, is a dynamic organization that plays a crucial role in the lives of students, faculty, and staff at the University of Texas at Austin. Through its beloved college bookstore, UCO offers essential goods and services while fostering a strong sense of community and connection. The proceeds from sales are generously donated back to the university, making UCO an integral part of the academic and personal growth of the university population.

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Impact




October, 2024

The University Co-Operative Society significantly enhances the academic experience at the University of Texas by providing essential goods and services to its vibrant community of students, faculty, and staff. Catering to approximately 50,000 individuals, the co-op operates a college bookstore that not only supplies textbooks and academic resources but also a diverse array of merchandise that supports daily life on campus.

By prioritizing the needs of the university community, the society fosters a sense of connection and belonging among its members. Its mission goes beyond mere commerce; it aims to improve the overall quality of life on campus by creating a welcoming environment where people love to shop and work. The proceeds generated from its sales are reinvested into the university, directly benefiting the institution and contributing to its development.

This unique model not only meets the practical needs of the university community but also strengthens the ties between the co-op and the institution itself. By supporting the university's mission and activities, the University Co-Operative Society plays a crucial role in enriching the educational environment at the University of Texas at Austin.




This information is meant to be a general summary of University Co-Operative Society. 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
$12,293,073 (2022)
Expenses
$8,734,637 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,891
  • Program Service Revenue: $9,472
  • Gross Receipts: $23,655,870

Assets and Liabilities:

  • Total Assets: $19,230,362
  • Total Liabilities: $7,973,890
  • Net Assets: $11,256,472

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Programs

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

MISCELLANEOUS INCOME

Revenue

$9,472

Organization Details

Founding Year

1925

Principal Officer

Cheryl Phifer

Main Address

2246 GUADALUPE STREET, AUSTIN, TX, 78705

NTEE Category

Code: B190 - Education

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