Overview
What is University Center Facilities Corporation V?
University Center Facilities Corporation V is a nonprofit organization based in Rock Hill, South Carolina. Their primary mission is to support the city by acquiring, developing, selling, donating, contributing, owning, operating, leasing, or managing real property and improvements thereon. This involves working on various real estate projects to benefit the community in some way. The organization's activities are focused on improving the city's infrastructure and properties, contributing to the overall development of Rock Hill, SC.
Is University Center Facilities Corporation V legitimate?
University Center Facilities Corporation V is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Center Facilities Corporation V 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
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What is the mission statement of University Center Facilities Corporation V?
The University Center Facilities Corporation V is committed to assisting a specific city, in this case, Rock Hill, SC, by engaging in various real estate activities. This includes acquiring, developing, selling, donating, contributing, owning, operating, leasing, or managing real property and improvements thereon. This corporation is essentially contributing to the city's development by actively participating in real estate ventures.
What is the revenue of University Center Facilities Corporation V?
University Center Facilities Corporation V's revenue in 2024 was $2,722,627.
Who are the executives of University Center Facilities Corporation V and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $300,725
- Other: $81,411
- Compensation: $0
- Related: $255,318
- Other: $78,837
- Compensation: $0
- Related: $174,844
- Other: $36,368
Where can I find the form 990 for University Center Facilities Corporation V?
University Center Facilities Corporation V's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of University Center Facilities Corporation V
University Center Facilities Corporation V, as a nonprofit entity, is committed to assisting cities, with Rock Hill, South Carolina, specifically, in the acquisition, development, selling, donating, contributing, owning, operating, leasing, or managing real property and improvements thereon. By taking on this role, the corporation aids in the betterment of urban landscapes and infrastructure, contributing to the overall well-being of the community it serves. The mission of University Center Facilities Corporation V is centered around the transformation and enhancement of physical spaces, using various methods to achieve this goal.
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Impact
October, 2024
University Center Facilities Corporation V significantly impacts the city of Rock Hill, SC, by facilitating the acquisition, development, and management of real property. This organization plays a vital role in enhancing the community through various activities such as selling, donating, and leasing properties, which contribute to local economic development and infrastructure improvement. By focusing on these areas, it helps to create a more vibrant community, fostering growth and providing spaces for educational, commercial, and recreational use.
The efforts of the Corporation support not only the city's immediate needs but also its long-term vision, allowing for more effective urban planning and community engagement. As a result, the projects initiated and managed by University Center Facilities Corporation V help cultivate a sense of pride and investment among residents, encouraging further participation in community improvement initiatives. Overall, the organization's work is instrumental in driving progress and sustaining the development of Rock Hill as a thriving urban center.
This information is meant to be a general summary of University Center Facilities Corporation V. 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 2024.
- Investment Income: $32,076
- Program Service Revenue: $2,690,551
- Gross Receipts: $2,722,627
Assets and Liabilities:
- Total Assets: $38,747,728
- Total Liabilities: $42,820,684
- Net Assets: -$4,072,956
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$2,690,551
Organization Details
Founding Year
2017
Principal Officer
David Vehaun
NTEE Category
Code: S47 - Community improvement
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