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Uchcfc Circle Road Corp

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

EIN: 800871673 ✦ Farmington, CT ✦ Designated as a 501(c)(3)

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Overview

What is Uchcfc Circle Road Corp?

Uchcfc Circle Road Corp, headquartered in Farmington, Connecticut, serves as a supporting organization to the University of Connecticut Health Center Finance Corporation. Its primary mission is to construct and financially support the University's Outpatient Pavilion, previously known as the Ambulatory Care Center (ACC). Completed in 2015, the pavilion has been in use by various supporting organizations and third parties for medical purposes, from 2016 to 2022. Uchcfc Circle Road Corp holds the loan and construction assets related to this project, demonstrating its commitment to improving healthcare facilities and services within the University of Connecticut Health Center.

Is Uchcfc Circle Road Corp legitimate?

Uchcfc Circle Road Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uchcfc Circle Road Corp 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: $750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Uchcfc Circle Road Corp?

UCHCFC Circle Road Corp serves as a supporting organization to the University of Connecticut Health Center Finance Corporation. Its primary mission is to facilitate the construction of the Outpatient Pavilion, including securing the necessary financing for this project. The corporation completed the construction of the Outpatient Pavilion in late April 2015. Subsequently, the facility has been in use by various supporting organizations and third parties for medical purposes throughout fiscal years 2016-2022. While the corporation's main focus is on the construction and financing of the Outpatient Pavilion, it plays a crucial role in supporting medical activities within the facility.

Who is the CEO of Uchcfc Circle Road Corp?

Denis Lafrieniere is the CEO of Uchcfc Circle Road Corp The CEO's salary of Uchcfc Circle Road Corp is $0 and their total compensation is $772,272.

What is the revenue of Uchcfc Circle Road Corp?

Uchcfc Circle Road Corp's revenue in 2024 was $10,017,652.

Who are the executives of Uchcfc Circle Road Corp and what are their salaries?

There 3 volunteers at Uchcfc Circle Road Corp.

Here are 9 key members and their salaries (Uchcfc Circle Road Corp's CEO's salary is $0 and their total compensation is $772,272):


Bruce Liang (Interim Ceo/Evp (Until 5/24))
  • Compensation: $0
  • Related: $632,986
  • Other: $248,673
Redenka Maric (President)
  • Compensation: $0
  • Related: $823,485
  • Other: $42,682
Denis Lafrieniere (Former Designee For Ceo/Evp)
  • Compensation: $0
  • Related: $512,502
  • Other: $259,770
Susan Herbst (Former President)
  • Compensation: $0
  • Related: $369,813
  • Other: $47,711
Thomas Katsouleas (Former President)
  • Compensation: $0
  • Related: $369,038
  • Other: $33,223
Lloyd Blanchard (Former Executive Director)
  • Compensation: $0
  • Related: $206,131
  • Other: $34,450
Daniel Toscano (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Anthony Shippam (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0
Andrew Agwunobi (Director (As Of 5/24))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Uchcfc Circle Road Corp?

Uchcfc Circle Road Corp's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Uchcfc Circle Road Corp

UChcfc Circle Road Corp, serving as a supporting organization to the University of Connecticut Health Center Finance Corporation, holds the loan and associated construction assets for the construction of the University of Connecticut Health Center's Outpatient Pavilion. The primary mission of UChcfc Circle Road Corp is centered around the construction of the Outpatient Pavilion, including its associated financing. This organization played a significant role in the completion of the Outpatient Pavilion, which was accomplished in late April 2015. Since then, the pavilion has been occupied by supporting organizations and third parties for medical purposes throughout the fiscal years 2016-2022.

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Impact




October, 2024

Uchcfc Circle Road Corp plays a crucial role in enhancing healthcare infrastructure and services in Connecticut. By supporting the University of Connecticut Health Center Finance Corporation, it has facilitated the construction of the Outpatient Pavilion, a significant asset for medical services in the area. Completed in April 2015, this facility has been operational for years, providing essential medical services to the community and supporting various healthcare initiatives since 2016.

The Outpatient Pavilion not only consolidates medical practices but also improves access to outpatient care for patients. Its existence contributes to the overall health and wellness of the population served, helping to streamline medical processes and enhance patient outcomes. This impact is particularly vital in a healthcare landscape that increasingly emphasizes outpatient services and preventative care.

Furthermore, the relationship with supporting organizations and third parties allows for a collaborative approach to healthcare delivery. This synergy not only aids in operational efficiency but also fosters innovation in medical practices and educational opportunities within the healthcare sector. Overall, Uchcfc Circle Road Corp significantly impacts the community by investing in critical healthcare infrastructure and enhancing the delivery of medical services.




This information is meant to be a general summary of Uchcfc Circle Road Corp. 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
$10,017,652 (2024)
Expenses
$7,578,501 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $19,750
  • Program Service Revenue: $9,947,708
  • Gross Receipts: $10,017,652

Assets and Liabilities:

  • Total Assets: $179,895,380
  • Total Liabilities: $167,390,534
  • Net Assets: $12,504,846

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Programs

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

DIRECT FINANCING LEASE INTEREST

Revenue

$9,947,708

Organization Details

Founding Year

2012

Principal Officer

Jeffrey P Geoghegan

NTEE Category

Code: B19 - Education

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