Overview
What is Campus Facilities Improvement Association?
The Campus Facilities Improvement Association (CFIA) is a nonprofit organization based in San Francisco, California, with an address at Four Embarcadero Center 17th Floor, ZIP code 94111. Its primary mission is to support the construction and renovation of facilities for the University of California (UC), enhancing the learning experience and research opportunities for students. In the past year, CFIA issued two bonds to finance the development of two projects at UC's Mission Bay Campus. The first project, completed in 2012, is a neuroscience research building on Block 19A, currently in use by UCSF. The second project, located at 2130 Thid St., is still under development, with activities including building design, planning, and construction-related tasks.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79%
The Campus Facilities Improvement Association has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With a strong score of 79%, the organization demonstrates effective governance, highlighted by a fully independent board and robust financial oversight measures.
Strengths of the organization include a high program expense ratio of 99.61%, which reflects a commitment to directing funds toward their mission rather than administrative costs. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention enhances the organization’s transparency and accountability.
While the overall rating is favorable, the organization may seek to improve its financial rating further by focusing on areas that could enhance its sustainability and impact. Continued monitoring and adaptation to best practices in nonprofit management will also be beneficial for maintaining and improving its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Campus Facilities Improvement Association legitimate?
Campus Facilities Improvement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Campus Facilities Improvement Association 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:
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What is the mission statement of Campus Facilities Improvement Association?
The Campus Facilities Improvement Association (CFIA) serves a vital role in facilitating the construction and renovation of University of California campus facilities. Its primary objective is to enhance the learning experience for students by improving campus infrastructure. CFIA's mission extends beyond physical development, as it also strives to enrich educational opportunities and foster research participation for students attending these institutions of higher learning. By focusing on campus improvement projects, CFIA contributes significantly to the overall academic experience and growth of the student body.
Who is the CEO of Campus Facilities Improvement Association?
Lynn Sedway is the President of Campus Facilities Improvement Association.
What is the revenue of Campus Facilities Improvement Association?
Campus Facilities Improvement Association's revenue in 2022 was $27,888,133.
Who are the executives of Campus Facilities Improvement Association and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Campus Facilities Improvement Association?
Campus Facilities Improvement Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Campus Facilities Improvement Association
The Campus Facilities Improvement Association (CFIA) is a vital organization that plays a significant role in enhancing the learning environment at the University of California campuses. Its primary mission is to facilitate the construction and renovation projects that help improve campus facilities. This commitment extends beyond physical upgrades, as CFIA also strives to boost the educational experience and research opportunities for students attending these institutions.
In essence, CFIA acts as a catalyst for progress within the academic community by ensuring that the campuses are well-equipped with modernized facilities. By doing so, it creates an atmosphere conducive to learning and innovation, where students can thrive and reach their full potential. Moreover, the organization's efforts in promoting and enhancing the educational experience and research opportunities offer invaluable resources to students, making their time at the University of California even more rewarding.
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Impact
October, 2024
The Campus Facilities Improvement Association (CFIA) plays a critical role in enhancing the educational infrastructure of the University of California system. By facilitating the construction and renovation of campus facilities, CFIA directly contributes to creating modern environments conducive to learning and research.
Through its efforts, CFIA has successfully financed significant projects, such as the neuroscience research building at the Mission Bay Campus in San Francisco. Completed in 2012, this facility supports advanced research and provides students with vital opportunities to engage in cutting-edge studies. Currently, CFIA is working on the development of another building at 2130 Thid St., which continues to reflect its commitment to improving University of California campuses.
Overall, CFIA’s initiatives not only enhance the physical landscape of these educational institutions but also foster an enriched learning experience for students, amplifying their ability to participate in research and academic growth.
This information is meant to be a general summary of Campus Facilities Improvement Association. 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 2022.
- Investment Income: $34,155
- Program Service Revenue: $27,853,958
- Gross Receipts: $27,888,133
Assets and Liabilities:
- Total Assets: $413,965,222
- Total Liabilities: $407,830,496
- Net Assets: $6,134,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest Subsidy Bonds
Revenue
$4,033,778
Rent - 3rd St
Revenue
$10,820,594
Rent - UCSF Bldg Blk 19A
Revenue
$12,999,586
Organization Details
Founding Year
2008
Phone
(415) 434-9100Principal Officer
Lynn Sedway
Main Address
Four Embarcadero Center 17th Floor, San Francisco, CA, 94111
NTEE Category
Code: T11 - Philanthropy
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