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United Nations Development Corporation

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

EIN: 132626199 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is United Nations Development Corporation?

The United Nations Development Corporation is a nonprofit organization based in New York City, specifically at TWO UN PLAZA 27th Floor. Established for the United Nations community, its mission is to plan, develop, and operate facilities to accommodate the current and future needs of the United Nations, its missions, and related programs. By accomplishing this mission, the corporation assists the UN community in meeting their real estate requirements and provides real estate advice, services, and studies upon request from the UN, City or State of New York, or the United States. The corporation has a workforce of 11 employees dedicated to achieving these objectives within a United Nations Development District adjacent to the United Nations Headquarters.


Official website here: www.undc.org

Is United Nations Development Corporation legitimate?

United Nations Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Nations Development Corporation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,063,777
Professional Fundraising Fees: $0
Other Salaries and Wages: $312,290

For more financial information, click here


Official website here: www.undc.org

What is the mission statement of United Nations Development Corporation?

The United Nations Development Corporation serves the purpose of catering to the needs of the United Nations, its missions, and related programs. Its mission encompasses providing essential facilities and offering real estate assistance to help the UN community thrive. The Corporation develops and operates office and other facilities, as well as offers advice, services, and studies upon request from the UN, the city or state of New York, or the United States. The ultimate goal is to support the UN community in accomplishing its objectives and ensuring the smooth functioning of UN-related activities.


Official website here: www.undc.org

Who is the CEO of United Nations Development Corporation?

Robert Cole is the Principal Officer of United Nations Development Corporation.


Official website here: www.undc.org

What is the revenue of United Nations Development Corporation?

United Nations Development Corporation's revenue in 2022 was $46,322,303.


Official website here: www.undc.org

Who are the executives of United Nations Development Corporation and what are their salaries?

The average compensation at United Nations Development Corporation during 2022 was $125,097. There are 11 employees and 14 volunteers at United Nations Development Corporation.

Here are 24 key members and their salaries:

    Robert B Cole (Executive Vice President)
  • Compensation: $257,156
  • Related: $0
  • Other: $101,878

    • Jorge Ortiz (Vp/Controller)
  • Compensation: $180,771
  • Related: $0
  • Other: $80,281

    • Kenneth Coopersmith (Vice President)
  • Compensation: $190,706
  • Related: $0
  • Other: $57,692

    • Maria Loida Diaz De Jesus (Vice President)
  • Compensation: $133,506
  • Related: $0
  • Other: $61,787

    • Justin Handman (Asst Vp & Director Of Compliance)
  • Compensation: $100,305
  • Related: $0
  • Other: $68,663

    • Hui-Chen Liu (Deputy Controller)
  • Compensation: $114,419
  • Related: $0
  • Other: $53,007

    • Teresa Tang (Senior Auditor)
  • Compensation: $114,315
  • Related: $0
  • Other: $41,519

    • Adolfo Carrion Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amabel B James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy K Shenoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Falvo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Garodnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Mermelstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Klein (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jan Burman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Healy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel M Silverman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Rutigliano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louise Carroll (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marissa Lago (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Penny Abeywardena (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Abrams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Natapoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.undc.org

    Where can I find the form 990 for United Nations Development Corporation?

    The United Nations Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.undc.org

    Learn more at the official website: www.undc.org

    Mission Statement of United Nations Development Corporation

    The United Nations Development Corporation (UNDC) was established with a mission to plan and develop facilities for United Nations-related activities within a defined district adjacent to the United Nations Headquarters in New York City. The primary objective of the UNDC is to cater to the current and future needs of the United Nations (UN), its missions, and UN-related programs, collectively referred to as the "UN Community." In doing so, the UNDC provides essential office and other facilities to support the UN Community's endeavors.

    Beyond its role as a real estate provider, the UNDC also extends assistance to the UN Community in addressing their real estate requirements. This support is requested by various entities, including the UN, the City or State of New York, and the United States. The UNDC's multifaceted mission aims to help the city and state of New York fulfill their responsibilities as hosts to the UN Community, while also contributing to the benefit of the organization as a whole. Through the development and operation of office and other facilities, as well as the provision of real estate advice, services, and studies upon request, the UNDC plays a crucial role in ensuring the UN Community has the necessary resources to thrive and make a positive impact globally.

    Impact

    This information is meant to be a general summary of United Nations Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The United Nations Development Corporation plays a crucial role in providing office and other facilities to meet the current and future needs of the United Nations (U.N.), missions to the U.N., and U.N.-related programs in New York City. By developing and operating necessary facilities within the defined United Nations Development District adjacent to the United Nations headquarters, the corporation supports the U.N. community in fulfilling its real estate needs. This impact directly contributes to the efficient functioning and operations of the United Nations and its related entities in New York City.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $533,246
  • Program Service Revenue: $45,789,057
  • Gross Receipts: $46,322,303

    • Assets and Liabilities:
  • Total Assets: $196,546,817
  • Total Liabilities: $42,330,484
  • Net Assets: $154,216,333
  • Programs

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

    BUILDING RENTAL-OFFICE SPACE

    Revenue

    $42,854,840

    INTEREST-LEASES

    Revenue

    $1,498,069

    OTHER INCOME- INCOME TOWER

    Revenue

    $1,335,134

    LANDLORD FEES

    Revenue

    $101,014

    Organization Details

    Founding Year

    1968

    Principal Officer

    Robert Cole

    Main Address

    TWO UN PLAZA 27TH FLOOR, NEW YORK, NY, 100174403

    NTEE Category

    Code: Q40 - International

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