Overview
What is University Cooperative Housing Assoc?
University Cooperative Housing Association, abbreviated as UCHA, is a California-based nonprofit corporation established in 1938. Situated in Westwood, near the University of California, Los Angeles campus, UCHA offers affordable housing for university students, visiting scholars, and faculty. Governed by an elected Board of Directors, the association operates three student residences, a cafeteria, and multiple common areas, catering to the needs of the academic community. UCHA's mission is to provide reasonable-cost housing within a cooperative living environment, extending its services to other nearby educational institutions as well. The association is managed by a dedicated team of employees and the cooperative members themselves.
Official website here: www.uchaonline.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The University Cooperative Housing Association has achieved an 84% rating, indicating a commendable level of accountability and financial management. This rating is exclusively derived from their performance in the Accountability & Finance category, where they excelled in areas like independent board leadership and financial transparency, including a strong audit score and a low liabilities to assets ratio.
Strengths noted include the 100% independence of board members, ensuring objective governance, and an impressive program expense ratio of 97.94%, which suggests that a significant portion of their funding is directed towards their mission rather than administrative costs. Their financial statements are well-managed, with no notable issues regarding asset diversion.
However, the organization is lacking in certain governance policies, such as a conflict of interest policy and a whistleblower policy, which are essential for maintaining ethical standards and transparency. While their financial accountability is strong, addressing these gaps could enhance their overall governance framework and further bolster donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is University Cooperative Housing Assoc legitimate?
University Cooperative Housing Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Cooperative Housing Assoc 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: $132,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $482,359
For more financial information, click here
Official website here: www.uchaonline.com
What is the mission statement of University Cooperative Housing Assoc?
The University Cooperative Housing Association (UCHA) serves as a provider of affordable housing for university students, visiting scholars, and faculty members, including those affiliated with UCLA and nearby educational institutions. Established as a not-for-profit corporation, UCHA operates under the leadership of an elected Board of Directors and a team of employees and members. The association manages a complex comprising three student residences, a cafeteria, a kitchen, and various common areas, situated in a location close to the University of California, Los Angeles campus. UCHA's mission is to make reasonable-cost housing available to the academic community, thereby promoting a sense of community and shared living experiences.
Official website here: www.uchaonline.com
Who is the CEO of University Cooperative Housing Assoc?
Travis Purdy is the Executive Dir. of University Cooperative Housing Assoc.
Official website here: www.uchaonline.com
What is the revenue of University Cooperative Housing Assoc?
University Cooperative Housing Assoc's revenue in 2022 was $3,089,688.
Official website here: www.uchaonline.com
Who are the executives of University Cooperative Housing Assoc and what are their salaries?
The average compensation at University Cooperative Housing Assoc during 2022 was $36,150. There are 17 employees at University Cooperative Housing Assoc.
Here are 5 key members and their salaries:
- Compensation: $131,188
- Related: $0
- Other: $1,166
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.uchaonline.com
Where can I find the form 990 for University Cooperative Housing Assoc?
University Cooperative Housing Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uchaonline.com
Learn more at the official website: www.uchaonline.com
Mission Statement of University Cooperative Housing Assoc
University Cooperative Housing Association (UCHA) is a dedicated organization with a mission to offer affordable housing solutions to students, visiting scholars, and faculty from various universities, including UCLA. Established as a not-for-profit corporation in 1938, UCHA is governed by an elected Board of Directors and managed by a team of employees and members. The association provides a living environment that encompasses three student residences, a cafeteria, a kitchen, and numerous common areas, creating a vibrant community within its premises. UCHA's primary objective is to make affordable housing accessible to university students, scholars, and faculty, thereby contributing to their academic and personal growth. By extending this service to nearby educational institutions, UCHA broadens its reach and fosters a diverse living environment.
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Impact
July, 2024
University Cooperative Housing Assoc's impact lies in providing reasonable-cost housing to university students, visiting scholars, and faculty within a cooperative living association. By offering affordable accommodation, University Cooperative Housing Assoc helps individuals pursue their education without the burden of high living expenses. They contribute to the academic community by supporting students, scholars, and faculty members in their educational pursuits.
This information is meant to be a general summary of University Cooperative Housing Assoc. 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: $1,581
- Program Service Revenue: $3,088,107
- Gross Receipts: $3,089,688
Assets and Liabilities:
- Total Assets: $3,669,012
- Total Liabilities: $896,534
- Net Assets: $2,772,478
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member room and board
Revenue
$2,797,512
Other Fees/assessments
Revenue
$290,595
Parking
Organization Details
Founding Year
1938
Phone
(310) 208-3109Principal Officer
Travis Purdy
Main Address
500 Landfair Avenue, Los Angeles, CA, 90024
Website
www.uchaonline.comNTEE Category
Code: B80Z - Education
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