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Husky Research Corporation Inc

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

EIN: 753094752 ✦ Bloomsburg, PA ✦ Designated as a 501(c)(3)

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Overview

What is Husky Research Corporation Inc?

Husky Research Corporation Inc, located in Bloomsburg, Pennsylvania, serves as a nonprofit organization in conjunction with the Commonwealth University of Pennsylvania. Their primary objective is to expand educational, research, and scholarly achievements at the university by funding unique programs, grants, and projects that may not be readily available otherwise. This organization also supports faculty development by fostering research and inventions, thereby enriching the academic community. Beyond this, Husky Research Corporation Inc operates a speech and hearing clinic and offers special programs and projects to enhance student learning and staff development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Husky Research Corporation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with an overall score of 81%. This score reflects a strong commitment to transparency, particularly highlighted by the charity's perfect marks in areas such as independent board member composition, financial statement audits, and the presence of essential policies like conflict of interest and whistleblower protections.

The organization boasts a high program expense ratio of 94.53%, suggesting that a significant portion of its expenses directly support its programs. The charity's board is entirely composed of independent members, enhancing its governance practices and overall accountability. These factors contribute positively to its financial health and operational integrity.

However, the organization has a lower score in the liabilities to assets ratio at 67.73%, which may indicate potential financial vulnerabilities. While the charity demonstrates strong governance and fiscal responsibility, stakeholders may want to monitor this area closely in future evaluations. Overall, Husky Research Corporation Inc shows a commendable commitment to responsible financial practices and effective program delivery.


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

Is Husky Research Corporation Inc legitimate?

Husky Research Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Husky Research Corporation 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: $0

For more financial information, click here

What is the mission statement of Husky Research Corporation Inc?

Husky Research Corporation Inc's mission is centered around enhancing educational, research, and scholarly achievements at Commonwealth University of Pennsylvania. They achieve this by offering unique programs, grants, and projects that would not be available otherwise. Additionally, the organization supports faculty development by fostering research and inventions. Husky Research Corporation Inc operates a speech and hearing clinic, as well as special programs and projects, which contribute to the enhancement of student education, research, and staff development at Commonwealth University of Pennsylvania.

Who is the CEO of Husky Research Corporation Inc?

Judge Gary Norton is the Principal Officer of Husky Research Corporation Inc.

What is the revenue of Husky Research Corporation Inc?

Husky Research Corporation Inc's revenue in 2023 was $671,561.

Who are the executives of Husky Research Corporation Inc and what are their salaries?

There 5 volunteers at Husky Research Corporation Inc.


Here are 5 key members and their salaries:


Judge Gary E Norton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Kluck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thompson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Brosious (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Husky Research Corporation Inc?

Husky Research Corporation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Husky Research Corporation Inc

Husky Research Corporation Inc, a nonprofit organization, is committed to enhancing educational, research, and scholarly achievements at the Commonwealth University of Pennsylvania. They achieve this goal by providing unique programs, grants, and projects that would otherwise be unavailable. Beyond this, Husky Research Corporation Inc also focuses on faculty development by fostering research and inventions.

The organization's mission is multifaceted, extending beyond just financial support. Husky Research Corporation Inc administers a Speech and Hearing Clinic and special programs that not only enrich student education but also stimulate research and staff development at Commonwealth University of Pennsylvania. Their initiatives aim to create an environment conducive to academic growth and innovation, ultimately contributing to the university's overall success.

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Impact




July, 2024

Husky Research Corporation Inc's impact is significant in enhancing opportunities for education, research, and scholarly achievement at Commonwealth University of Pennsylvania. The organization administers a speech and hearing clinic and special programs and projects that support student education, research, and staff development at the university. Additionally, their programs provide faculty development by fostering research and inventions. This helps to enrich the academic environment at the university and contribute to advancements in social research.




This information is meant to be a general summary of Husky Research Corporation 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
$671,561 (2023)
Expenses
$684,785 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,046
  • Program Service Revenue: $668,515
  • Gross Receipts: $671,561

Assets and Liabilities:

  • Total Assets: $239,133
  • Total Liabilities: $161,970
  • Net Assets: $77,163

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Programs

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

SPEECH AND HEARING CLINIC REVENUE

Revenue

$668,515

Organization Details

Founding Year

2002

Principal Officer

Judge Gary Norton

Main Address

400 EAST SECOND STREET, BLOOMSBURG, PA, 17815

NTEE Category

Code: V05 - Social research

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