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Provident Commonwealth Education Resources Ii Inc

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

EIN: 831248921 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

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Overview

What is Provident Commonwealth Education Resources Ii Inc?

Provident Commonwealth Education Resources II Inc is a nonprofit organization based in Baton Rouge, Louisiana. Their primary mission is to foster and enhance education by investing in and managing various educational facilities, such as dormitories, dining halls, parking lots, and ancillary structures, primarily on the campus of The University of Massachusetts Dartmouth and affiliated institutions. They accomplish this by overseeing the development, financing, and operation of these facilities to contribute positively to the educational experience for students.

Is Provident Commonwealth Education Resources Ii Inc legitimate?

Provident Commonwealth Education Resources Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Provident Commonwealth Education Resources Ii 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: $168,838

For more financial information, click here

What is the mission statement of Provident Commonwealth Education Resources Ii Inc?

Provident Commonwealth Education Resources II Inc. is committed to fostering and enhancing education by undertaking various tasks such as acquiring, planning, developing, financing, equipping, managing, operating, and maintaining dormitory, dining, parking, and ancillary facilities on university campuses. Their primary goal is to support educational institutions, contributing to the overall growth and development of education.

Who is the CEO of Provident Commonwealth Education Resources Ii Inc?

Unavailable

What is the revenue of Provident Commonwealth Education Resources Ii Inc?

Provident Commonwealth Education Resources Ii Inc's revenue in 2022 was $9,957,848.

Who are the executives of Provident Commonwealth Education Resources Ii Inc and what are their salaries?

There 3 volunteers at Provident Commonwealth Education Resources Ii Inc.


Here are 8 key members and their salaries:


Barbara Kroncke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Hicks (Vice President/Assistant Treasurer)
  • Compensation: $0
  • Related: $934,379
  • Other: $38,107
Walter Bumphus Ph D (Clerk/Secretary)
  • Compensation: $0
  • Related: $24,000
  • Other: $0
Christine Doyle (Director (Beginning 8/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ginerella (Director (Through 8/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy H Henze (Director)
  • Compensation: $0
  • Related: $24,000
  • Other: $0
Donovan O Hicks (Vice President And Assistant Clerk)
  • Compensation: $0
  • Related: $713,316
  • Other: $37,766
Steve Hicks (President)
  • Compensation: $0
  • Related: $946,021
  • Other: $25,847
Where can I find the form 990 for Provident Commonwealth Education Resources Ii Inc?

Provident Commonwealth Education Resources Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Provident Commonwealth Education Resources Ii Inc

Provident Commonwealth Education Resources II, Inc., as described in the provided information, is an organization dedicated to fostering and enhancing education. They achieve this mission by engaging in various activities such as acquiring, planning, developing, financing, equipping, managing, operating, and maintaining dormitory, dining, parking, and other ancillary facilities on college campuses. Specifically, their efforts are directed towards The University of Massachusetts Dartmouth and other affiliated institutions. By providing these essential facilities, they aim to advance education and create a conducive learning environment for students.

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Impact




October, 2024

Provident Commonwealth Education Resources II Inc. plays a crucial role in enhancing the educational environment at The University of Massachusetts Dartmouth and its member institutions. By focusing on the acquisition, planning, development, and management of essential facilities such as dormitories, dining halls, and parking structures, the organization directly impacts students' living and learning experiences.

The provision of well-maintained and adequately equipped facilities fosters a supportive atmosphere that promotes academic success and personal growth. By ensuring that students have access to safe, comfortable housing and dining options, Provident Commonwealth facilitates a more conducive environment for study and community engagement. This holistic approach not only meets immediate needs but also enriches the overall college experience, encouraging student retention and success.

Furthermore, the organization’s activities in financing and operating these facilities contribute to the economic vitality of the campus community. By creating jobs and fostering local partnerships, Provident Commonwealth’s initiatives bolster the surrounding community while promoting educational advancement. Overall, the organization’s impact is multi-faceted, supporting both the immediate needs of students and the broader educational mission of the institutions it serves.




This information is meant to be a general summary of Provident Commonwealth Education Resources Ii 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
$9,957,848 (2022)
Expenses
$14,491,488 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $198,365
  • Program Service Revenue: $9,704,122
  • Gross Receipts: $9,957,848

Assets and Liabilities:

  • Total Assets: $149,700,407
  • Total Liabilities: $165,137,006
  • Net Assets: -$15,436,599

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Programs

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

RENTAL REVENUE

Revenue

$9,674,172

ANCILLARY REVENUE

Revenue

$29,950

Organization Details

Founding Year

2018

Main Address

5565 Bankers Ave, Baton Rouge, LA, 70808

NTEE Category

Code: L20 - Housing

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