Collegiate Housing Corporation Of Bluefield Inc

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

EIN: 834478123 ✦ Bluefield, WV ✦ Designated as a 501(c)(3)

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Overview

What is Collegiate Housing Corporation Of Bluefield Inc?

Collegiate Housing Corporation of Bluefield Inc, situated in Bluefield, West Virginia, is a nonprofit organization with a mission to provide housing solutions for students attending Bluefield State University. With a modest workforce of three dedicated individuals, the corporation's primary activity revolves around offering housing facilities for college students. The organization's headquarters can be found at 1815 Jefferson Street, making it easily accessible for its primary clientele. While the description mentions "Bluefield State College" instead of "University", it is reasonable to infer that the organization's scope and mission remain consistent, catering to the housing needs of students pursuing higher education.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

The Collegiate Housing Corporation Of Bluefield Inc has received a Two-Star rating, indicating that while the organization demonstrates some strengths, there are significant areas in need of improvement. The charity has a strong accountability structure, with a fully independent board and a solid liabilities to assets ratio, indicating good financial stability. Moreover, the organization allocates a high percentage of its expenses to programs, reflecting a commitment to its mission.

However, the rating also highlights notable weaknesses, particularly in transparency and governance practices. The lack of financial statements and essential policies such as a conflict of interest policy and a whistleblower policy raises concerns about the organization’s accountability. Additionally, the absence of a public website listed on its tax form further limits access to important information for potential donors and stakeholders.

Overall, while the Collegiate Housing Corporation Of Bluefield Inc shows promise in its programmatic spending and board independence, the deficiencies in financial reporting and governance practices suggest that improvements are necessary to enhance public trust and operational transparency.


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

Is Collegiate Housing Corporation Of Bluefield Inc legitimate?

Collegiate Housing Corporation Of Bluefield Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collegiate Housing Corporation Of Bluefield 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: $144,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,434

For more financial information, click here

What is the mission statement of Collegiate Housing Corporation Of Bluefield Inc?

The Collegiate Housing Corporation of Bluefield Inc. is dedicated to providing housing solutions for students attending a university. Their primary mission is to ensure that these students have access to suitable living accommodations during their academic journey. By offering housing, the corporation aims to contribute to a conducive learning environment, thereby enhancing the overall university experience for these students. The corporation's activities are primarily focused on catering to the housing needs of students, thereby playing a crucial role in their academic success and well-being.

Who is the CEO of Collegiate Housing Corporation Of Bluefield Inc?

James Shaffer is the President of Collegiate Housing Corporation Of Bluefield Inc.

What is the revenue of Collegiate Housing Corporation Of Bluefield Inc?

Collegiate Housing Corporation Of Bluefield Inc's revenue in 2022 was $1,512,584.

Who are the executives of Collegiate Housing Corporation Of Bluefield Inc and what are their salaries?

The average compensation at Collegiate Housing Corporation Of Bluefield Inc during 2022 was $66,478. There are 3 employees and 2 volunteers at Collegiate Housing Corporation Of Bluefield Inc.


Here are 3 key members and their salaries:


James F Shaffer (President)
  • Compensation: $124,000
  • Related: $0
  • Other: $0
L Frederick Williams Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hastings (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Collegiate Housing Corporation Of Bluefield Inc?

Collegiate Housing Corporation Of Bluefield Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Collegiate Housing Corporation Of Bluefield Inc

Collegiate Housing Corporation of Bluefield, in its mission, focuses on providing housing solutions for students who are attending Bluefield State University. This nonprofit organization is dedicated to ensuring that these students have a suitable living space during their academic journey. By offering housing, the corporation aims to contribute to the overall success and well-being of the students, allowing them to fully concentrate on their studies and university life.

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Impact




July, 2024

Collegiate Housing Corporation Of Bluefield Inc provides essential housing options for students attending Bluefield State University in West Virginia. By offering safe and affordable accommodations, the organization directly contributes to students' overall academic success and well-being. The provision of housing not only supports students' educational pursuits but also fosters a sense of community and belonging within the university environment. As a result, Collegiate Housing Corporation Of Bluefield Inc plays a significant role in enhancing the overall college experience for students attending Bluefield State University.




This information is meant to be a general summary of Collegiate Housing Corporation Of Bluefield 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
$1,512,584 (2022)
Expenses
$1,364,037 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $559,000
  • Gross Receipts: $1,512,584

Assets and Liabilities:

  • Total Assets: $4,645,790
  • Total Liabilities: $4,227,782
  • Net Assets: $418,008

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Programs

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

ROOM AND BOARD INCOME

Revenue

$559,000

Organization Details

Founding Year

2019

Principal Officer

James Shaffer

Main Address

1815 JEFFERSON STREET, BLUEFIELD, WV, 24701

NTEE Category

Code: B80 - Education

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