Overview
What is Ru Corporation?
Ru Corporation serves as a title holding company for real estate assets, with the primary objective of supporting William Marsh Rice University. This esteemed organization, classified under IRC Section 501(C)(3), is a nonprofit entity. Ru Corporation's mission is dedicated to enhancing the operations and growth of William Marsh Rice University, an institution known by its EIN number 74-1109620. By holding title to real estate assets, Ru Corporation contributes to the overall support and development of the university.
Is Ru Corporation legitimate?
Ru Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Ru 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 Ru Corporation?
The Ru Corporation's primary function is to support William Marsh Rice University, a recognized 501(c)(3) organization. Serving as a title holding company for real estate, its mission is to benefit this educational institution financially. This support, in turn, contributes to the university's ongoing operations and objectives. The Ru Corporation does not have a traditional mission statement in the sense of promoting specific causes or advocating for societal changes, but rather, its purpose is solely focused on supporting William Marsh Rice University.
What is the revenue of Ru Corporation?
Ru Corporation's revenue in 2024 was $69,693.
Who are the executives of Ru Corporation and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $1,125,663
- Other: $74,321
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $711,093
- Other: $123,928
- Compensation: $0
- Related: $516,650
- Other: $82,952
- Compensation: $0
- Related: $249,006
- Other: $70,729
- Compensation: $0
- Related: $369,368
- Other: $73,245
- Compensation: $0
- Related: $235,084
- Other: $57,698
- Compensation: $0
- Related: $490,215
- Other: $51,471
- Compensation: $0
- Related: $248,498
- Other: $68,912
Where can I find the form 990 for Ru Corporation?
Ru Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ru Corporation
Ru Corporation, functioning as a title holding company, is dedicated to supporting William Marsh Rice University, a recognized 501(c)(3) organization. Its mission is to manage real estate assets on behalf of this esteemed educational institution, ensuring that the resources are utilized for its benefit. By serving as a steward for William Marsh Rice University's real estate holdings, Ru Corporation plays a crucial role in advancing the university's mission and goals.
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Impact
October, 2024
Ru Corporation plays a significant role in enhancing the educational landscape by supporting William Marsh Rice University in Houston, Texas. As a title-holding company for real estate, it strategically manages properties that benefit the university, facilitating the development of essential infrastructure and resources. This support directly contributes to the university’s mission of providing quality education and fostering innovation, thereby positively impacting the community and the academic environment. By ensuring that the university has access to necessary facilities and resources, Ru Corporation aids in promoting community improvement and enriching the overall student experience at Rice University.
This information is meant to be a general summary of Ru 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 2024.
- Gross Receipts: $83,142
Assets and Liabilities:
- Total Assets: $23,643,886
- Total Liabilities: $0
- Net Assets: $23,643,886
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Organization Details
Founding Year
1964
Principal Officer
Claire Nelson
NTEE Category
Code: S47 - Community improvement
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