University Of California Home Loan Program Corporation

Organization Overview

University Of California Home Loan Program Corporation, operating under the name Uchlp Corporation, is located in Oakland, CA. The organization was established in 2015. 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. Uchlp Corporation 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 06/2021, Uchlp Corporation generated $25.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $13.7m during the year ending 06/2021. While expenses have increased by 16.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PERFORMS THE LOAN ORIGINATION FUNCTIONS ASSOCIATED WITH THE UNIVERSITY OF CALIFORNIA'S HOUSING ASSISTANCE PROGRAM. THE MISSION OF THE PROGRAM IS TO PROVIDE MORTGAGE LOAN ASSISTANCE IN SUPPORT OF THE RECRUITMENT AND RETENTION OF FACULTY AND SENIOR MANAGERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNIVERSITY OF CALIFORNIA HOME LOAN PROGRAM CORPORATION (UCHLP) ADMINISTERS THE MORTGAGE LENDING ACTIVITIES OF THE UNIVERSITY OF CALIFORNIA'S MORTGAGE PROGRAM FOR FACULTY AND CERTAIN SENIOR MANAGERS. THE DAILY ACTIVITIES OF UCHLP ARE CARRIED OUT BY EMPLOYEES OF THE UNIVERSITY OF CALIFORNIA'S OFFICE OF LOAN PROGRAMS PURSUANT TO A SERVICES AGREEMENT BETWEEN UCHLP AND THE REGENTS OF THE UNIVERSITY OF CALIFORNIA. FOR THE FISCAL YEAR ENDED JUNE 30, 2021, 128 FIRST DEED MORTGAGES WERE FUNDED WITH AN AGGREGATE DOLLAR AMOUNT OF $104.4 MILLION, AND 42 SECOND TRUST DEED MORTGAGES WERE FUNDED WITH AN AGGREGATE DOLLAR AMOUNT OF $6.1 MILLION. THE PRIMARY EXPENSE ASSOCIATED WITH THE CORPORATION IS INTEREST EXPENSE ON ADVANCES FROM THE UNIVERSITY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Jagdeep Bachher
Director And CFO
$0
Charles F Robinson
Secretary
$0
Peggy Arrivas
Chair Of The Board (thru 6/21)
$0
Nathan Brostrom
Chair Of The Board
$0
Rachael Nava
Vice President
$0
Janet Napolitano
Director (thru 8/20)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$25,322,221
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $25,322,221

Create an account to unlock the data you need.

or