Independent Colleges & Universities Of Texas Inc

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

EIN: 751285930 ✦ Austin, TX ✦ Designated as a 501(c)(6)

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Overview

What is Independent Colleges & Universities Of Texas Inc?

Independent Colleges & Universities of Texas Inc, situated in Austin, Texas, is a nonprofit organization dedicated to bolstering and advocating for accredited independent institutions of higher education in the state. With a team of five individuals, the organization conducts policy research, collaborates with relevant entities, and advocates on behalf of its member institutions. This proactive approach aims to strengthen the institutions, ensuring they continue to provide quality education and contribute positively to Texas's academic landscape.


Official website here: www.icut.org

Is Independent Colleges & Universities Of Texas Inc legitimate?

Independent Colleges & Universities Of Texas Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Colleges & Universities Of Texas 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: $532,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $191,859

For more financial information, click here


Official website here: www.icut.org

What is the mission statement of Independent Colleges & Universities Of Texas Inc?

The Independent Colleges & Universities of Texas Inc is committed to supporting Texas' independent non-profit colleges and universities. They accomplish this by conducting policy research, fostering collaboration, and advocating on behalf of their member institutions. This organization aims to strengthen these institutions, thereby promoting, supporting, and enhancing the accredited independent institutions of higher education in Texas. Their activities are geared towards enhancing the policy environment for these institutions, ultimately contributing to the higher education sector in the state.


Official website here: www.icut.org

Who is the CEO of Independent Colleges & Universities Of Texas Inc?

Richard Ludwick is the Chair of Independent Colleges & Universities Of Texas Inc.


Official website here: www.icut.org

What is the revenue of Independent Colleges & Universities Of Texas Inc?

Independent Colleges & Universities Of Texas Inc's revenue in 2022 was $1,435,843.


Official website here: www.icut.org

Who are the executives of Independent Colleges & Universities Of Texas Inc and what are their salaries?

The average compensation at Independent Colleges & Universities Of Texas Inc during 2022 was $144,883. There are 5 employees and 12 volunteers at Independent Colleges & Universities Of Texas Inc.


Here are 15 key members and their salaries:


Steven Johnson (President)
  • Compensation: $247,811
  • Related: $0
  • Other: $35,717
Elizabeth Puthoff (Vp Research/)
  • Compensation: $180,594
  • Related: $0
  • Other: $30,528
Richard Ludwick (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Mccormick (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Slabach (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blair Blackburn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colette Burnette (Treas. (10/2)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Cottrell (Treas. (06/2)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Cottrell (Dir. (10/21-)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herman Felton (Dir. (06/22-)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Christian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven O'Day (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Livingstone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.icut.org

Where can I find the form 990 for Independent Colleges & Universities Of Texas Inc?

Independent Colleges & Universities Of Texas Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.icut.org

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

Mission Statement of Independent Colleges & Universities Of Texas Inc

Independent Colleges & Universities of Texas Inc plays a significant role in supporting Texas' accredited independent institutions of higher education. Their mission is centered around strengthening these institutions through policy research, collaboration, and advocacy. By doing so, they aim to promote and enhance the capabilities of these nonprofit colleges and universities, ultimately benefiting the students and communities they serve. Through their efforts, they contribute to the overall development and success of the higher education sector in Texas.

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Impact




October, 2024

Independent Colleges & Universities Of Texas Inc plays a pivotal role in enhancing the landscape of higher education in Texas. By focusing on policy research, collaboration, and advocacy, it works to bolster the capabilities and reputation of independent colleges and universities throughout the state.

Through its initiatives, the organization promotes best practices and fosters partnerships among educational institutions, ensuring that they have a collective voice in policy discussions that affect their operations. This advocacy helps to secure vital resources and support for these institutions, empowering them to provide quality education to a diverse student body.

The impact extends beyond individual institutions; it enriches the educational ecosystem in Texas, ultimately benefiting students, communities, and the state's workforce. By strengthening member institutions, Independent Colleges & Universities Of Texas Inc helps to ensure that students have access to high-quality educational opportunities, thereby contributing to the overall growth and development of the region.




This information is meant to be a general summary of Independent Colleges & Universities Of Texas 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.

Revenue
$1,435,843 (2022)
201120122013201420152016201720182019202020212022$0$400k$800k$1.2M$1.6M
Expenses
$1,459,424 (2022)
201120122013201420152016201720182019202020212022$0$400k$800k$1.2M$1.6M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%45%68%

Other financial information:

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

  • Investment Income: $32,111
  • Program Service Revenue: $1,341,459
  • Gross Receipts: $1,759,289

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

MEMBERSHIP DUES

Revenue

$1,284,009

PROGRAM SPONSORSHIP

Revenue

$37,500

MEETING FEES

Revenue

$19,950

Organization Details

Founding Year

1965

Principal Officer

Richard Ludwick

Main Address

1303 SAN ANTONIO ST STE 820, AUSTIN, TX, 78701

NTEE Category

Code: B03 - Education

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