University Properties Inc is located in Allendale, MI. The organization was established in 1988. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Properties Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, University Properties Inc generated $97.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $88.1k during the year ending 06/2022. While expenses have increased by 8.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory J Sanial President | 0.1 | $0 | |
Doug Wentworth Vice President | 0.1 | $0 | |
Craig Wieschhorster Secretary/treasurer | 0.2 | $0 | |
Matthew E Mclogan Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $30 |
Total Revenue | $97,939 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,300 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $85,780 |
Total expenses | $88,080 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $164,745 |
Other assets | $0 |
Total assets | $175,849 |
Total liabilities | $264 |
Net assets or fund balances | $175,585 |